Intangibles and Goodwill (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of amortizable intangible assets

The following is a summary of amortizable intangible assets as of September 30, 2020 and December 31, 2019 (in thousands):

	September 30, 2020						December 31, 2019
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Customer relationships	$	150,239	$	(74,352)	$	75,887	$	150,239	$	(67,317)	$	82,922
Carrier relationships	18,300		(5,741)		12,559		18,300		(4,934)		13,366
Non-compete agreements	5,239		(4,206)		1,033		5,239		(3,765)		1,474
Trade names	5,640		(5,640)		—		5,640		(5,640)		—
	$	179,418	$	(89,939)	$	89,479	$	179,418	$	(81,656)	$	97,762

Note: Amounts may not foot due to rounding.

Estimated amortization expense for the next five years and thereafter

The estimated amortization expense for the next five years and thereafter is as follows (in thousands):

Remainder of 2020	$	2,691
2021	10,362
2022	10,005
2023	9,501
2024	8,897
Thereafter	48,023
Total	$	89,479