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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
The Company’s intangible assets and goodwill as of December 31, 2016 and 2015, consist of the following (dollars in thousands):
 
December 31, 2016
 
Estimated
Useful
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Definite-lived intangible assets - customer relationships
20 years
 
$
26,800

 
$
(8,350
)
 
$
18,450

Indefinite-lived intangible assets - trademarks
 
 
9,933

 

 
9,933

Total intangible assets
 
 
36,733

 
(8,350
)
 
28,383

Goodwill
 
 
53,531

 

 
53,531

Total intangible assets and goodwill
 
 
$
90,264

 
$
(8,350
)
 
$
81,914

 
December 31, 2015
 
Estimated
Useful
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Definite-lived intangible assets - customer relationships
20 years
 
$
26,800

 
$
(7,010
)
 
$
19,790

Indefinite-lived tangible assets - trademarks
 
 
9,933

 

 
9,933

Total intangible assets
 
 
36,733

 
(7,010
)
 
29,723

Goodwill
 
 
53,531

 

 
53,531

Total intangible assets and goodwill
 
 
$
90,264

 
$
(7,010
)
 
$
83,254

Estimated Future Amortization Expense for Intangible Assets
The remaining weighted-average amortization period for definite-lived intangible assets is approximately 14 years as of December 31, 2016. Estimated future amortization expense for definite-lived intangible assets is as follows (in thousands):
Years Ending December 31,
 
2017
$
1,340

2018
1,340

2019
1,340

2020
1,340

2021
1,340

Thereafter
11,750

Total
$
18,450