Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets consist of the following as of December 31, 2021:

Intangible assets consist of the following as of December 31, 2021:

(Dollars in thousands)	Intangible Assets		Accumulated Amortization		Total
For the year ended December 31, 2021
Strategic pipeline contract	$	46,885	$	1,562	$	45,323
Assembled workforce		500		17		483
Patents		33		—		33
Total	$	47,418	$	1,579	$	45,839

The Company expects to record amortization expense of intangible assets over the next five years and thereafter as follows:

The Company expects to record amortization expense of intangible assets over the next five years and thereafter as follows:

(Dollars in thousands)
Year	2021
2022	$	9,479
2023		9,479
2024		9,479
2025		9,479
2026		7,899
Thereafter		24
Total	$	45,839