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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
INTANGIBLE ASSETS  
Schedule of intangible assets and amortization expense

December 31, 2020

Amortization 

    

    

    

period 

Gross

Accumulated 

Net intangible

    

(years)

Amount

Amortization

assets

(dollars in thousands)

Trade name

indefinite

$

5,000

$

$

5,000

Customer relationships

10

 

12,900

 

2,795

 

10,105

Total intangible assets

  

$

17,900

$

2,795

$

15,105

December 31, 2019

Amortization 

    

    

    

period 

Gross

Accumulated 

Net intangible

    

(years)

Amount

Amortization

assets

(dollars in thousands)

Trade name

indefinite

$

5,000

$

$

5,000

Non-compete agreement

2

 

140

 

71

 

69

Customer relationships

10

 

12,900

 

1,516

 

11,384

Total intangible assets

  

$

18,040

$

1,587

$

16,453

Schedule of expected remaining amortization

(in thousands)

2021

$

1,290

2022

 

1,290

2023

 

1,290

2024

 

1,290

2025

1,290

Thereafter

 

3,655

Total

$

10,105