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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Intangible Assets

All of the intangible assets other than goodwill are considered to have finite lives and, as such, are subject to amortization. The components of intangible assets are as follows (dollars in thousands):

 

 

 

December 31, 2015

 

 

 

Weighted Average Remaining

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

Useful Life

 

 

Gross

 

 

Amortization

 

 

Net

 

 

 

(Years)

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

1.5

 

 

$

13,997

 

 

$

(11,897

)

 

$

2,100

 

Trade name

 

 

6.5

 

 

 

3,194

 

 

 

(1,810

)

 

 

1,384

 

Total

 

 

 

 

 

$

17,191

 

 

$

(13,707

)

 

$

3,484

 

 

 

 

December 31, 2014

 

 

 

Weighted Average Remaining

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

Useful Life

 

Gross

 

 

Amortization

 

 

Net

 

 

 

(Years)

 

 

 

 

 

 

 

 

 

 

 

 

Intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

2.5

 

$

13,997

 

 

$

(10,498

)

 

$

3,499

 

Trade name

 

7.5

 

 

3,194

 

 

 

(1,597

)

 

 

1,597

 

Total

 

 

 

$

17,191

 

 

$

(12,095

)

 

$

5,096

 

 

Schedule of Estimated Amortization Expense of Intangible Assets

Estimated amortization expense for our existing intangible assets for the next five years and thereafter is as follows (dollars in thousands):

 

Year Ending December 31,

 

Amortization

 

2016

 

$

1,613

 

2017

 

 

913

 

2018

 

 

213

 

2019

 

 

213

 

2020

 

 

213

 

Thereafter

 

 

319

 

 

 

$

3,484