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INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS
—INTANGIBLE ASSETS
The carrying amount and accumulated amortization of intangible assets as of June 30, 2015 and December 31, 2014, consisted of the following (in thousands, except as noted):
 
 
 
June 30, 2015
 
Average
Useful Life
(in years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Book Value
Indefinite life:
 
 
 

 
 

 
 

Trademarks and tradenames
N/A
 
$
10,854

 
$
—

 
$
10,854

Finite life:
 
 
 

 
 

 
 

Customer list
12
 
13,987

 
(8,884
)
 
5,103

Total intangible assets
 
 
$
24,841

 
$
(8,884
)
 
$
15,957

 
 
 
December 31, 2014
 
Average
Useful Life
(in years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Book Value
Indefinite life:
 
 
 

 
 

 
 

Trademarks and tradenames
N/A
 
$
10,854

 
$
—

 
$
10,854

Finite life:
 
 
 

 
 

 
 

Customer list
12
 
13,987

 
(8,241
)
 
5,746

Total intangible assets
 
 
$
24,841

 
$
(8,241
)
 
$
16,600

The customer list is amortized on an accelerated basis, based on estimated cash flows over the useful life of the customer list. Accumulated amortization and expected future annual amortization expense are as follows (in thousands):
Accumulated amortization at June 30, 2015
$
8,884

Estimated amortization expense for:
 

Remainder of 2015
643

2016
1,070

2017
877

2018
719

2019
589

2020 through 2022
1,205

Total
$
13,987


Amortization expense related to the customer list was $0.3 million and $0.4 million for the three months ended June 30, 2015 and 2014, respectively. Amortization expense related to the customer list was $0.6 million and $0.8 million for the six months ended June 30, 2015 and 2014, respectively.