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INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET
INTANGIBLE ASSETS, NET

Intangible assets are comprised of the following (unaudited)(in thousands):
 
 
 
June 30, 2019
 
December 31, 2018
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Tradenames
 
$
394

 
$

 
$
394

 
$
394

 
$

 
$
394

Finite-lived intangible assets:
 
 

 
 

 
 

 
 

 
 

 
 

Customer relationships
 
2,097

 
(1,375
)
 
722

 
2,097

 
(1,217
)
 
880

Total intangible assets
 
$
2,491

 
$
(1,375
)
 
$
1,116

 
$
2,491

 
$
(1,217
)
 
$
1,274


  
Amortization expense amounted to approximately $79.0 thousand and $158.0 thousand for each of the three and six months ended June 30, 2019 and 2018, respectively. Estimated amortization of purchased intangible assets over the next five years is as follows (unaudited)(in thousands): 
2019 (six months)
$
159

2020
316

2021
163

2022
84

2023

Thereafter

Total
$
722