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Intangible Assets and Liabilities Goodwill (Tables)
12 Months Ended
Dec. 31, 2018
Intangible Assets and Liabilities Goodwill  
Schedule of intangible assets

Intangible assets as of December 31, 2018 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Amortization

    

 

 

    

Accumulated

    

 

 

 

 

Period

 

Gross Amount

 

Amortization

 

Net Amount

Trade names

 

Indefinite

 

$

65,887

 

$

 —

 

$

65,887

Customer relationships

 

7 to 20 Years

 

 

859,101

 

 

27,543

 

 

831,558

Non-compete agreements

 

3 Years

 

 

135

 

 

110

 

 

25

Total

 

 

 

$

925,123

 

$

27,653

 

$

897,470

Intangible assets as of December 31, 2017 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

Accumulated

 

 

 

 

Period

 

Gross Amount

 

Amortization

 

Net Amount

Trade names

 

Indefinite

 

$

65,812

 

$

 —

 

$

65,812

Customer relationships

 

7 to 15 Years

 

 

35,081

 

 

11,629

 

 

23,452

Non-compete agreements

 

3 Years

 

 

133

 

 

65

 

 

68

Total

 

 

 

$

101,026

 

$

11,694

 

$

89,332

 

Schedule of future amortization expense related to finite-lived intangible assets

As of December 31, 2018, future amortization expense related to the finite-lived intangible assets is as follows (in thousands):

 

 

 

 

2019

    

$

77,911

2020

 

 

77,889

2021

 

 

77,887

2022

 

 

77,887

2023

 

 

77,887

Thereafter

 

 

442,122

Total

 

$

831,583

 

Schedule of goodwill

Goodwill consisted of the following as of December 31, 2018 and December 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

December 31, 2017

Beginning balance

    

$

8,380

    

$

8,271

Goodwill created by the GBG Acquisition

 

 

367,725

 

 

 —

Other

 

 

27

 

 

109

Ending balance

 

$

376,132

 

$

8,380