GOODWILL AND INTANGIBLE ASSETS - NET

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS—NET

The Company tests goodwill during the fourth quarter of each year and also if events or changes in circumstances indicate the occurrence of a triggering event which might indicate there may be impairment. The Company performs its goodwill impairment analysis for each reporting unit that constitutes a component for which (1) discrete financial information is available and (2) segment management regularly reviews the operating results of that component, in accordance with the provisions of ASC Topic 350, Intangibles-Goodwill and Other (ASC 350”).

The Company reviews goodwill for impairment by initially considering qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill, as a basis for determining whether it is necessary to perform a quantitative analysis. If it is determined that it is more likely than not that the fair value of reporting unit is less than its carrying amount, a quantitative analysis is performed to identify goodwill impairment. If it is determined that it is not more likely than not that the fair value of the reporting unit is less than its carrying amount, it is unnecessary to perform a quantitative analysis. The Company may elect to bypass the qualitative assessment and proceed directly to performing a quantitative analysis. Impairment is the condition that exists when the carrying amount of goodwill exceeds its implied fair value. An impairment loss is recognized for the amount that the carrying amount of the reporting unit, including goodwill, exceeds its fair value, limited to the total amount of goodwill allocated to that reporting unit.

The following table represents activity in goodwill by segment as of and for the three months ended March 31, 2020:


	Home Health and Hospice Services		Senior Living Services		Total
December 31, 2019	$	37,591	$	3,642	$	41,233
Additions	1,604		—		1,604

March 31, 2020	$	39,195	$	3,642	$	42,837

Other indefinite-lived intangible assets consist of the following:


	March 31, 2020		December 31, 2019
Trade name	$	355	$	355
Medicare and Medicaid licenses	34,470		33,107
Total	$	34,825	$	33,462

Definite-lived intangible assets consist of the following:


		March 31, 2020										December 31, 2019
Intangible Assets	Weighted Average Life (Years)	Gross Carrying		Accumulated Amortization		Net		Gross Carrying		Accumulated Amortization		Net
Patient base	0.7	$	611	$	(611)	$	—	$	611	$	(611)	$	—
Customer relationships	2.6	470		(428)		42		470		(425)		45
Total		$	1,081	$	(1,039)	$	42	$	1,081	$	(1,036)	$	45

Amortization expense was $3, and $14 for the three months ended March 31, 2020 and 2019, respectively.

Estimated amortization expense for each of the periods ending December 31 is as follows:


Year	Amount
2020 (Remainder)	$	11
2021	14
2022	14
2023	3



	$	42