INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 31, 2023

INTANGIBLE ASSETS, NET [Abstract]

Intangible Assets, Net

Intangible assets, net as of March 31, 2023, and December 31, 2022 consisted of the following (in thousands):

	March 31, 2023		December 31, 2022
Tradenames	$	43,764	$	43,373
Customer and referral relationships, net of accumulated amortization of $25,400 and $23,736, respectively (weighted average amortization period 12.7 years)		63,160		63,238
Non-compete agreements, net of accumulated amortization of $7,152 and $6,999 respectively (weighted average amortization period 5.0 years)		2,067		2,144
	$	108,991	$	108,755

Amortization Expenses

The following table details the amount of amortization expense recorded for intangible assets for the three and three months ended March 31, 2023, and 2022 (in thousands):

	Three Months Ended		Three Months Ended
	March 31, 2023		March 31, 2022
Customer and referral relationships	$	1,664	$	2,050
Non-compete agreements		153		147
	$	1,817	$	2,197

Amortization of Customer and Referral Relationships and Non Competition Agreements

Based on the balance of referral relationships and non-compete agreements as of March 31, 2023, the expected amount to be amortized in 2023 and thereafter by year is as follows (in thousands):

Customer and Referral Relationships			Non-Compete Agreements
Years	Annual Amount		Years	Annual Amount
Ending December 31,			Ending December 31,
2023 (excluding the three months ended March 31, 2023)	$	5,096	2023 (excluding the three months ended March 31, 2023)	$	464
2024	$	6,636	2024	$	576
2025	$	6,492	2025	$	505
2026	$	6,023	2026	$	365
2027	$	5,860	2027	$	157
Thereafter	$	33,053