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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of the changes in the carrying amount of goodwill

The following is a summary of the changes in the carrying amount of goodwill (in thousands):

 

 

 

Balance at December 31, 2022

 

 

Balance at December 31, 2021

 

 

 

Gross

 

 

Accumulated
Impairment

 

 

Net

 

 

Gross

 

 

Accumulated
Impairment

 

 

Net

 

Goodwill

 

$

16,613

 

 

$

16,613

 

 

$

 

 

$

16,613

 

 

$

 

 

$

16,613

 

Summary of Intangible Assets with Definite and Indefinite Lives

The following is a summary of intangible assets with definite and indefinite lives (in thousands):

 

 

 

Balance at December 31, 2022

 

 

Balance at December 31, 2021

 

 

 

Gross

 

 

Accumulated
Amortization

 

 

Net

 

 

Gross

 

 

Accumulated
Amortization

 

 

Net

 

Definite Lived:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

9,180

 

 

$

4,543

 

 

$

4,637

 

 

$

9,180

 

 

$

3,395

 

 

$

5,785

 

Indefinite Lived:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tradename

 

 

12,919

 

 

 

 

 

 

12,919

 

 

 

12,919

 

 

 

 

 

 

12,919

 

Total intangible assets

 

$

22,099

 

 

$

4,543

 

 

$

17,556

 

 

$

22,099

 

 

$

3,395

 

 

$

18,704

 

Schedule of Future Amortization Expense The estimated future amortization expense of intangible assets with definite lives is as follows (in thousands):

 

 

 

Amount

 

2023

 

$

1,148

 

2024

 

 

1,148

 

2025

 

 

1,148

 

2026

 

 

1,148

 

2027

 

 

45

 

Estimated future amortization expense of definite-lived intangible assets

 

$

4,637

 

There was no impairment of intangible assets during the years ended December 31, 2022 and 2021.