Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets consist of the following as of June 30, 2022:

Intangible assets consist of the following as of June 30, 2022:

(Dollars in thousands)	Intangible Assets		Accumulated Amortization		Total
Strategic pipeline contract	$	46,885	$	6,251	$	40,634
Assembled workforce		500		67		433
Patents		112		1		111
Total	$	47,497	$	6,319	$	41,178

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
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 ending December 31,
2022 (remainder of the year)	$	4,741
2023		9,482
2024		9,482
2025		9,482
2026		7,903
Thereafter		88
Total	$	41,178