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INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2019
Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
As of December 31, 2019, and December 31, 2018, we have the following amounts recorded for intangible assets (amounts in thousands):
 
 
December 31, 2019
 
December 31, 2018
Finite-lived intangible assets:
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Produced water disposal royalty agreements
 
$
2,700

 
$
(90
)
 
$
—

 
$
—

Surface damage and easement agreements
 
3,735

 
(124
)
 
—

 
—

Total
 
$
6,435

 
$
(214
)
 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
Water rights
 
$
19,184

 
 
 
$
2,311

 
 
Schedule of Intangible Assets, Future Amortization Expense
Total amortization of intangible assets for the year ended December 31, 2019, was $0.2 million. We did not record any amortization of intangible assets for the year ended December 31, 2018. We estimate the annual amortization expense of intangible assets will be $0.3 million for each of the next five years.