Goodwill and Amortizable Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Amortizable Intangible Assets

The following table summarizes the Company’s amortizable intangible assets as of December 31, 2023 (dollars in thousands):

	Useful Life (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	15-30	$	600	$	(150)	$	450
Developed technology	10	25,600		(2,134)		23,466
Noncompete enforcement agreements	1-10	77,164		(39,603)		37,561
Other	4-15	4,600		(2,308)		2,292
		$	107,964	$	(44,195)	$	63,769

The following table summarizes the Company’s amortizable intangible assets as of December 31, 2022 (dollars in thousands):

	Useful Life (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	15-30	$	600	$	(128)	$	472
Noncompete enforcement agreements	1-5	51,382		(34,035)		17,347
Other	4-15	2,700		(2,071)		629
		$	54,682	$	(36,234)	$	18,448

Summary of Estimated Annual Amortization

The following table summarizes the estimated annual amortization for each of the five succeeding fiscal years and thereafter as of December 31, 2023 (in thousands):

Year	Amount
2024	$	9,118
2025	8,334
2026	8,376
2027	6,174
2028	5,635
Thereafter	26,132
	$	63,769