INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jun. 30, 2019

Intangible assets, net as of June 30, 2019 and December 31, 2018 consisted of the following (in thousands):

	June 30, 2019		December 31, 2018
Tradenames	$	30,756	$	30,256
Referral relationships, net of accumulated amortization of $10,121 and $$9,370, respectively		17,428		16,895
Non-compete agreements, net of accumulated amortization of $4,730 and $4,716, respectively		1,871		1,677
	$	50,055	$	48,828

Amortization Expenses

The following table details the amount of amortization expense recorded for intangible assets for the six months ended June 30, 2019 and 2018 (in thousands):

	Three Months Ended				Six Months Ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Referral relationships	$	581	$	559	$	1,114	$	1,079
Non-compete agreements		169		91		338		288
	$	750	$	650	$	1,452	$	1,367

Amortization of Tradename, Referral Relationships and Non-Competition Agreements

Based on the balance of referral relationships and non-compete agreements as of June 30, 2019, the expected amount to be amortized in 2019 and thereafter by year is as follows (in thousands):

Referral Relationships			Non-Compete Agreements
Years	Annual Amount		Years		Annual Amount
Ending December 31,			Ending December 31,
2019	$	2,232		2019	$	685
2020	$	2,235		2020	$	507
2021	$	2,235		2021	$	429
2022	$	2,187		2022	$	252
2023	$	2,080		2023	$	183
2024	$	1,914		2024	$	125
Thereafter	$	5,659	Thereafter		$	28