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Goodwill and Other Intangible Assets (Table)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of goodwill
The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2023, 2022, and 2021 are as follows:
(in thousands)TradeRenewablesNutrient & IndustrialTotal
Balance at January 1, 2021
$122,067 $8,789 $686 $131,542 
Disposals (a)
(2,200)— — (2,200)
Balance at December 31, 2021
119,867 8,789 686 129,342 
Acquisitions— — — — 
Balance at December 31, 2022
119,867 8,789 686 129,342 
Disposals (b)(800)  (800)
Impairments  (686)(686)
Balance at December 31, 2023
$119,067 $8,789 $ $127,856 
(a) Removal of allocated goodwill due to the sale of a grain asset location in Illinois.
(b) Removal of allocated goodwill due to the sale of a grain asset location in Nebraska.
Schedule of Intangible Assets Included in Other Assets
The Company's other intangible assets are as follows:
December 31,
20232022
(in thousands)Useful Life
(in years)
Original CostAccumulated AmortizationNet Book ValueOriginal CostAccumulated AmortizationNet Book Value
Intangible asset class
  Customer lists3to10$149,880 $83,823 $66,057 $143,081 $70,539 $72,542 
  Non-compete agreements1to722,240 21,514 726 22,242 21,311 931 
  Supply agreement10to108,720 8,374 346 8,720 7,912 808 
  Technology10to1013,400 11,558 1,842 13,400 10,218 3,182 
  Trademarks and patents7to1015,810 14,302 1,508 15,810 13,165 2,645 
  Software2to1089,241 74,541 14,700 88,631 68,392 20,239 
  Other3to5843 443 400 998 438 560 
$300,134 $214,555 $85,579 $292,882 $191,975 $100,907