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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of goodwill and other intangible assets

 

 

December 31, 2020

 

 

    

Gross Carrying 
Amount

    

Accumulated 
Amortization

    

Net Carrying 
Value

 

Goodwill

 

$

222,223

 

$

 

$

222,223

 

Intangible Assets with Finite Lives:

 

 

 

 

 

 

 

 

 

 

Customer Relationships

 

 

48,000

 

 

(10,890)

 

 

37,110

 

Intangible Assets with Indefinite Lives:

 

 

 

 

 

 

 

 

 

 

Tradename

 

 

56,000

 

 

 

 

56,000

 

Total Other Intangible Assets

 

 

104,000

 

 

(10,890)

 

 

93,110

 

Total Goodwill and Other Intangible Assets

 

$

326,223

 

$

(10,890)

 

$

315,333

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

December 31, 2019

 

 

 

Gross Carrying 
Amount

 

Accumulated 
Amortization

 

Net Carrying 
Value

 

Goodwill

 

$

222,223

 

$

 

$

222,223

 

Intangible Assets with Finite Lives:

 

 

 

 

 

 

 

 

 

 

Customer Relationships

 

 

48,000

 

 

(6,890)

 

 

41,110

 

Intangible Assets with Indefinite Lives:

 

 

 

 

 

 

 

 

 

 

Tradename

 

 

56,000

 

 

 

 

56,000

 

Total Other Intangible Assets

 

 

104,000

 

 

(6,890)

 

 

97,110

 

Total Goodwill and Other Intangible Assets

 

$

326,223

 

$

(6,890)

 

$

319,333