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Goodwill and Other Intangible Assets
 12 Months Ended
Dec. 31, 2019
Text Block [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
The carrying value of goodwill from continuing operations as of December 31, 2019 and 2018 was as follows:
 
As of December 31,
(in thousands)
2019
 
2018
Goodwill
 
 
 
Regulated Energy
 
 
 
                Florida Natural Gas Distribution(1)
$
3,353

 
$
3,353

Unregulated Energy(2)
 
 
 
                Mid-Atlantic Propane Operations(3)
13,299

 
2,147

Florida Propane Operations
1,188

 
1,188

                 Aspire Energy
10,120

 
10,120

  Marlin Gas Services
4,708

 
4,760

Total Goodwill
$
32,668

 
$
21,568

(1) Florida Natural Gas Distribution includes Chesapeake Utilities' Central Florida Gas division, FPU and FPU's Indiantown and Fort Meade divisions.
(2)As discussed in Note 4, Acquisitions and Divestitures, during the fourth quarter of 2019, we sold PESCO's assets and contracts. The goodwill balance for PESCO is reflected as assets held-for-sale in the consolidated balance sheet as of December 31, 2018.
(3) Mid-Atlantic Propane Operations goodwill balance includes $11.2 million recognized as a result of the purchase of the operating assets of Boulden in December 2019.
The annual impairment testing for 2019 and 2018 indicated no impairment of goodwill.
The carrying value and accumulated amortization of intangible assets subject to amortization as of December 31, 2019 and 2018 are as follows:
 
As of December 31,
 
2019
 
2018
(in thousands)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Customer relationships (1)
$
9,391

 
$
3,463

 
$
4,801

 
$
3,066

Non-Compete agreements (1) (2)
2,252

 
451

 
1,793

 
202

Patents
452

 
118

 
452

 
—

Other
270

 
204

 
270

 
198

Total
$
12,365

 
$
4,236

 
$
7,316

 
$
3,466


(1) The customer relationship and non-compete agreements amounts includes $4.6 million and $0.5 million, respectively, recorded as a result of the purchase of the operating assets of Boulden in December 2019.
(2)As discussed in Note 4, Acquisitions and Divestitures, during the fourth quarter of 2019, we sold PESCO's assets and contracts. Intangible assets for PESCO are reflected as assets held-for-sale in the consolidated balance sheet as of December 31, 2018 and amortization is reflected as discontinued operations in the consolidated statements of income.
The customer relationships, non-compete agreements, patents and other intangible assets acquired in the purchases of the operating assets of several companies are being amortized over a weighted average of 11 years. Amortization expense of intangible assets for the year ended December 31, 2019 was $0.8 million and $0.4 million for both years ended December 31, 2018 and 2017. Amortization expense of intangible assets is expected to be $1.2 million for the years 2020 and 2021, $0.9 million for the year 2022 and $0.8 million for the years 2023 and 2024.