Intangibles (Tables)

9 Months Ended

Sep. 30, 2024

Intangibles

Schedule of changes in carrying amount of customer relationships

			(Unaudited)
	December 31,		September 30,
(in thousands)	2023		2024
Gross carrying value of customer relationships	$	1,555,000		1,555,000
Accumulated amortization of customer relationships		(339,569)		(392,573)
Customer relationships	$	1,215,431		1,162,427

Schedule of future amortization expense

Future amortization expense as of September 30, 2024 is as follows (in thousands):

Remainder of year ending December 31, 2024	$	17,668
Year ending December 31, 2025		70,672
Year ending December 31, 2026		70,672
Year ending December 31, 2027		70,672
Year ending December 31, 2028		70,672
Thereafter		862,071
Total	$	1,162,427