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INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
A summary of intangible assets as of September 30, 2024 and December 31, 2023 is as follows (in thousands): 
 September 30, 2024
 (unaudited)
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships$164,352 $(111,738)$52,614 
Trade names20,267 (19,851)416 
Technology2,300 (1,974)326 
Licenses683 (683)— 
Intangible assets$187,602 $(134,246)$53,356 

 December 31, 2023
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships$164,305 $(102,630)$61,675 
Trade names20,262 (19,742)520 
Technology2,300 (1,802)498 
Licenses683 (683)— 
Intangible assets$187,550 $(124,857)$62,693 
Amortization expense of intangible assets for the three months ended September 30, 2024 and 2023 was $3.1 million and $3.2 million, respectively. Amortization expense of intangible assets for the nine months ended September 30, 2024 and 2023 was $9.3 million and $9.6 million, respectively. Amortization expense of intangible assets are included in “Selling, general and administrative expenses” on our Condensed Consolidated Statements of Operations.
The weighted-average amortization period for intangible assets was 13.8 years as of September 30, 2024 and December 31, 2023.