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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill
Total assets reflected on the balance sheet and not remeasured to fair value on a recurring basis, identified as Level 3 measurements, as of December 31, 2024 are $694.0 million, comprised of $662.4 million of goodwill and $31.6 million of identified indefinite-lived intangible assets. Accumulated goodwill impairment losses to date amounts to $9.3 million, all of which was recognized in the year ended December 31, 2015.
Intangible Assets, Net
Intangible assets, net consisted of the following at December 31 (in thousands):
20242023
Intangible assets:
Finite-lived intangible assets:
Carrying amount:
Customer relationships145,051 145,051 
Accumulated amortization:
Customer relationships(142,331)(140,888)
Total finite-lived intangible assets, net2,720 4,163 
Trade name (indefinite-lived)31,646 31,646 
Total intangible assets, net$34,366 $35,809 
As of December 31, 2024, estimated amortization expense of the Company’s intangible assets for each of the next four remaining years is as follows (in thousands):
Amortization
2025$946 
2026620 
2027577 
2028577 
$2,720