LONG-LIVED AND INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Jun. 30, 2016

LONG-LIVED AND INTANGIBLE ASSETS AND GOODWILL

Schedule of intangible assets

Intangible assets as of June 30, 2016 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	58,337	$	—	$	58,337
Customer relationships	13to 15 Years		33,900		7,272		26,628
Total		$	92,237	$	7,272	$	84,965

Intangible assets as of December 31, 2015 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	26,037	$	—	$	26,037
Customer relationships	15 Years		19,800		6,014		13,786
Total		$	45,837	$	6,014	$	39,823

Schedule of estimated amortization expense

As of June 30, 2016, the future amortization expense related to the finite-lived intangible assets is as follows (in thousands):

2016	Remainder of the year	$	1,365
2017			2,730
2018			2,730
2019			2,730
2020			2,730
Thereafter			14,343
		$	26,628

Schedule of goodwill

	June 30, 2016		December 31, 2015
Balance at January 1	$	2,286	$	2,286
Preliminary goodwill created by the RG Merger		4,238		—
Ending balance	$	6,524	$	2,286