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INTANGIBLE ASSETS AND GOODWILL
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL
INTANGIBLE ASSETS AND GOODWILL

In connection with the purchase of MacArthur Place, we allocated a portion of the total purchase price to certain intangible assets and goodwill. Of the total $16.3 million allocated to purchased intangibles, $0.1 million, $0.8 million, and $15.4 million were allocated to trade name and other, customer relationships, and goodwill, respectively.

The changes in the carrying amount of intangibles and goodwill allocated to our Hospitality and Entertainment Operations segment for the six months ended June 30, 2019 is as follows (in thousands):

Goodwill
 
Other intangibles, net
Balance at December 31, 2018
$
15,357

 
$
641

Reductions:

 

Amortization expense

 
(140
)
Balance at June 30, 2019
$
15,357

 
$
501


A summary of our intangible assets and goodwill as of June 30, 2019 and December 31, 2018 is as follows (in thousands):
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
June 30,
December 31,

June 30,
December 31,

June 30,
December 31,
 
2019
2018
 
2019
2018
 
2019
2018
Amortizing intangible assets:
 
 
 
 
 
 
 
 
Trade name and other
$
90

$
90

 
$
(22
)
$
(16
)
 
$
68

$
74

Customer relationships
800

800

 
(467
)
(333
)
 
333

467

Non-amortizing intangible assets:
 
 
 
 
 
 
 
 
Liquor license
100

100

 


 
100

100

Goodwill
15,357

15,357

 


 
15,357

15,357

 
$
16,347

$
16,347

 
$
(489
)
$
(349
)
 
$
15,858

$
15,998



Trade name and other, and customer relationships have weighted-average useful lives from the date of purchase of 7.0 years and 3.0 years, respectively. Goodwill and our liquor license are not subject to amortization due to the indeterminable life of such assets. Amortization expense relating to our purchased intangible assets was $0.1 million for each of the three and six months ended June 30, 2019. Amortization expense relating to our purchased intangible assets was $0.1 million and $0.2 million for the three and six months ended June 30, 2018, respectively. We performed an impairment assessment on goodwill and intangible assets annually in the fourth quarter of each year.

As of June 30, 2019, expected amortization expense for our purchased amortizing intangible assets for each of the next five years and thereafter is as follows (in thousands):
Year
 
Amount
2019
 
$
140

2020
 
213

2021
 
13

2022
 
13

2023
 
13

Thereafter
 
9

Total
 
$
401