Intangible Assets

9 Months Ended

Sep. 30, 2020

Intangible Assets [Abstract]

Intangible Assets

Intangible Assets

The gross carrying amount and accumulated amortization by intangible asset class were as follows:

	(Dollars in thousands)
	September 30, 2020						December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	$	11,022	$	(2,436)	$	8,586	$	8,422	$	(2,020)	$	6,402
Customer relationships	12,181		(2,040)		10,141		7,337		(1,404)		5,933
	$	23,203	$	(4,476)	$	18,727	$	15,759	$	(3,424)	$	12,335

Amortization expense of $1.1 million and $1.0 million related to intangible assets was recorded in General and administrative expenses for the nine months ended September 30, 2020 and 2019, respectively.

As of September 30, 2020, there were no events or circumstances that indicate the carrying value may not be recoverable and thus no recoverability test was required.