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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill by Reportable Segment

The changes in the carrying amounts of goodwill by reportable segment were as follows (in thousands):

 

 

 

Cemetery

Operations

 

 

Funeral Home

Operations

 

 

Total

 

December 31, 2016

 

 

24,862

 

 

 

45,574

 

 

 

70,436

 

Impairment of goodwill

 

 

 

 

 

(45,574

)

 

 

(45,574

)

December 31, 2017

 

$

24,862

 

 

$

 

 

$

24,862

 

Activity

 

 

 

 

 

 

 

 

 

December 31, 2018

 

$

24,862

 

 

$

 

 

$

24,862

 

Components of Intangible Assets

The following table reflects the components of intangible assets at December 31, 2018 and 2017 (in thousands):

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Intangible

Assets

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Intangible

Assets

 

Lease and management agreements

 

$

59,758

 

 

$

(4,565

)

 

$

55,193

 

 

$

59,758

 

 

$

(3,569

)

 

$

56,189

 

Underlying contract value

 

 

6,239

 

 

 

(1,482

)

 

$

4,757

 

 

 

6,239

 

 

 

(1,326

)

 

 

4,913

 

Non-compete agreements

 

 

2,853

 

 

 

(2,603

)

 

$

250

 

 

 

5,016

 

 

 

(4,156

)

 

 

860

 

Other intangible assets

 

 

1,577

 

 

 

(356

)

 

$

1,221

 

 

 

1,777

 

 

 

(495

)

 

 

1,282

 

Total intangible assets

 

$

70,427

 

 

$

(9,006

)

 

$

61,421

 

 

$

72,790

 

 

$

(9,546

)

 

$

63,244

 

Estimated Amortization Expense Related to Intangible Assets with Finite Lives The following is estimated amortization expense related to intangible assets with finite lives for the periods noted below (in thousands):

 

2019

 

$

1,398

 

2020

 

$

1,278

 

2021

 

$

1,213

 

2022

 

$

1,210

 

2023

 

$

1,206