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GOODWILL AND INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS A summary of the activity and balances related to goodwill by operating segment is as follows:
| December 31, 2023 |  | Acquisitions |  | Measurement Period Adjustments |  |  |  | June 30, 2024
Eastern | $ | 73,893 |  |  | $ | 355 |  |  | $ | — |  |  |  |  | $ | 74,248 |
Western | 285,056 |  |  | — |  |  | 668 |  |  |  |  | 285,724 |
Mid-Atlantic | 332,247 |  |  | — |  |  | 372 |  |  |  |  | 332,619 |
Resource Solutions | 44,474 |  |  | — |  |  | 188 |  |  |  |  | 44,662 |
| $ | 735,670 |  |  | $ | 355 |  |  | $ | 1,228 |  |  |  |  | $ | 737,253 |
Summaries of intangible assets by type follow:
| Covenants Not-to-Compete |  | Customer Relationships |  | Trade Names |  | Total
Balance, June 30, 2024 |  |  |  |  |  |  |
Intangible assets | $ | 60,645 |  |  | $ | 272,807 |  |  | $ | 13,325 |  |  | $ | 346,777 |
Less accumulated amortization | (30,294) |  |  | (90,284) |  |  | (9,238) |  |  | (129,816) |
| $ | 30,351 |  |  | $ | 182,523 |  |  | $ | 4,087 |  |  | $ | 216,961 |
| Covenants Not-to-Compete |  | Customer Relationships |  | Trade Names |  | Total
Balance, December 31, 2023 |  |  |  |  |  |  |
Intangible assets | $ | 61,573 |  |  | $ | 272,571 |  |  | $ | 13,325 |  |  | $ | 347,469 |
Less accumulated amortization | (26,645) |  |  | (72,227) |  |  | (7,168) |  |  | (106,040) |
| $ | 34,928 |  |  | $ | 200,344 |  |  | $ | 6,157 |  |  | $ | 241,429 |
Intangible amortization expense was $12,238 and $24,803 during the three and six months ended June 30, 2024, respectively, and $4,226 and $8,296 during the three and six months ended June 30, 2023, respectively. A summary of intangible amortization expense estimated for each of the next five fiscal years following fiscal year 2023 and thereafter is estimated as follows:
Estimated Future Amortization Expense as of June 30, 2024 |
For the remainder of the fiscal year ending December 31, 2024 | $ | 23,219 |
Fiscal year ending December 31, 2025 | $ | 43,653 |
Fiscal year ending December 31, 2026 | $ | 38,775 |
Fiscal year ending December 31, 2027 | $ | 34,179 |
Fiscal year ending December 31, 2028 | $ | 29,123 |
Thereafter | $ | 48,012 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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