XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.1
Intangible Assets
 3 Months Ended
Mar. 31, 2023
Intangible Assets [Abstract]  
Intangible Assets Intangible Assets
Total intangible assets consisted of the following at March 31, 2023 and December 31, 2022 (in thousands):
March 31, 2023December 31, 2022
Gross AmountAccumulated
Amortization 		Net BalanceGross AmountAccumulated
Amortization 		Net Balance
Customer relationships$23,595 $(2,918)$20,677 $23,595 $(2,330)$21,265 
Contract rights7,281 (3,188)4,093 7,281 (2,416)4,865 
Leasehold187 (57)130 187 (48)139 
Domain name281 — 281 281 — 281 
Licensing rights1,400 — 1,400 1,400 — 1,400 
Total$32,744 $(6,163)$26,581 $32,744 $(4,794)$27,950 
The domain name and licensing rights acquired for a total of $1.7 million, have indefinite useful lives.
The following table summarizes the weighted average useful lives of intangible assets by asset class used for straight-line expense purposes:
March 31, 2023December 31, 2022
Customer relationships10.7411.97
Contract rights1.532.47
Leasehold5.998.05
Amortization expense for the three months ended March 31, 2023 and 2022 was $1.4 million and $0.5 million, respectively.
Future amortization for the remainder of 2023 and for the succeeding years is as follows (in thousands):
20233,443 
20243,833 
20252,571 
20262,071 
20271,994 
Thereafter10,988 
Total$24,900