Intangible Assets

3 Months Ended

Mar. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

5. INTANGIBLE ASSETS

Intangible Assets, Net consists of the following:

	March 31, 2022			December 31, 2021
Finite-Lived Intangible Assets
Customer Relationships	$	61,276		$	61,276
Trade Name		9,800			9,800
Total Intangible Assets		71,076			71,076
Accumulated Amortization
Customer Relationships		(41,325	)		(39,797	)
Trade Name		(7,293	)		(6,893	)
Total Accumulated Amortization		(48,618	)		(46,690	)
Intangible Assets, Net	$	22,458		$	24,386

Amortization expense was $1.9 million for each of the three months ended March 31, 2022 and 2021.

Amortization of Intangible Assets held at March 31, 2022 is expected to be $4.6 million for the remainder of the year ending December 31, 2022; $4.9 million for each of the years ending December 31, 2023 and 2024; $4.8 million for the year ending December 31, 2025; and $3.3 million for the year ending December 31, 2026.