Intangible Assets, Net

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Intangible Assets, Net

Intangible assets, net as of December 31, 2023 consist of the following (in thousands):

	Gross Amount		Accumulated Amortization and Impairment		Net Carrying Value		Weighted Average Remaining Useful Life (Years)
Trade name	$	24,170	$	(6,880)	$	17,290	7.4
Other	4,803		(3,519)		1,284		5.7
Intangible assets, net	$	28,973	$	(10,399)	$	18,574	7.3

Intangible assets, net as of December 31, 2022 consist of the following (in thousands):

	Gross Amount		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life (Years)
Trade name	$	24,170	$	(4,504)	$	19,666	8.4
Other	4,581		(2,406)		2,175		4.7
Intangible assets, net	$	28,751	$	(6,910)	$	21,841	8.0

Amortization expense for intangible assets was $3.5 million, $4.1 million, and $2.1 million for the years ended December 31, 2023, 2022, and 2021, respectively. Impairment expense for intangible assets was $0.7 million for the year ended December 31, 2022. There was no impairment expense for the years ended December 31, 2023 and 2021.

Amortization that will be charged to expense over the remaining life of the intangible assets subsequent to December 31, 2023 is as follows (in thousands):

2024	$	2,800
2025	2,611
2026	2,472
2027	2,353
2028 and thereafter	8,338
	$	18,574