Intangible Assets

3 Months Ended

Mar. 31, 2020

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets

6.    Intangible Assets

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

	Three Months		Year Ended
	Ended March 31,		December 31,
RAM	2020		2019
Beginning balance	$	241	$	284
Amortization		(11)		(43)
Ending balance	$	230	$	241
Accumulated amortization and impairment	$	695	$	706

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 $11 of amortization expense related to its intangible assets for the three month periods ended March 31, 2020 and 2019.

At March 31, 2020, 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 March 31, 2020, the future amortization expense for amortizable intangible assets for the respective years is as follows:

2020	$	31
2021		42
2022		42
2023		42
2024		42
Thereafter		31
Total	$	230