Intangible Assets

9 Months Ended

Sep. 30, 2019

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets

6.    Intangible Assets

The changes in the carrying value of customer list intangible are as follows:

	Nine Months		Year Ended
	Ended September 30,		December 31,
RAM	2019		2018
Beginning balance	$	284	$	326
Amortization		(32)		(42)
Ending balance	$	252	$	284
Accumulated amortization and impairment	$	695	$	663

The value assigned to customer list intangibles is based upon a multiple of the amount of commission revenue generated from the identified premiums. The customer lists are expected to have useful lives of 13 years and 4 months. The Company recognized $32 and $42 of amortization expense related to its intangible assets for the nine months ended September 30, 2019 and the year ended December 31, 2018.

At September 30, 2019, based upon the amount of future commission revenue available from the then existing RAM customer premiums on hand, the Company determined that the fair value of the amortizable intangible assets exceeded their carrying values.

As of September 30, 2019, the future amortization expense for amortizable intangible assets for the respective years is as follows:

2019	$	10
2020		42
2021		42
2022		42
2023		42
Thereafter		74
Total	$	252