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Intangible Assets, Net
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net
INTANGIBLE ASSETS, NET
Intangible Assets
Amortizable intangible assets at March 31, 2019 related primarily to customer relationships that resulted from our acquisition of Amcom Software, Inc. in 2011. Such intangibles are being amortized over a period of ten years.
The net consolidated balance of intangible assets consisted of the following at March 31, 2019:
 
 
 
 
March 31, 2019
(Dollars in thousands)
 
Useful Life
(In Years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Balance
Customer relationships
 
10
 
$
25,002

 
$
(20,210
)
 
$
4,792


Estimated amortization of intangible assets for future periods was as follows:
 
(Dollars in thousands)
For the remaining nine months ending December 31, 2019
$
1,875

For the year ending December 31:
 
2020
2,500

2021
417

Total amortizable intangible assets
$
4,792