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GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2025
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, 2024 (1) |  | Acquisitions |  | Business Combination Adjustments |  |  |  |  |  |  |  | March 31, 2025
Eastern | $ | 89,544 |  |  | $ | 20,989 |  |  | $ | — |  |  |  |  |  |  |  |  | $ | 110,533 |
Western | 357,143 |  |  | — |  |  | 2,455 |  |  |  |  |  |  |  |  | 359,598 |
Mid-Atlantic | 510,917 |  |  | 16,400 |  |  | (2,009) |  |  |  |  |  |  |  |  | 525,308 |
Resource Solutions | 44,662 |  |  | 9,434 |  |  | — |  |  |  |  |  |  |  |  | 54,096 |
| $ | 1,002,266 |  |  | $ | 46,823 |  |  | $ | 446 |  |  |  |  |  |  |  |  | $ | 1,049,535 |
(1)The December 31, 2024 amounts in the table above, including allocated goodwill between operating segments using a relative fair value approach, have been updated to conform with the movement of certain operations that took place in the three months ended March 31, 2025. See Note 13, Segment Reporting for further disclosure. Summaries of intangible assets by type follow:
| Covenants Not-to-Compete |  | Customer Relationships |  | Trade Names |  | Total
Balance, March 31, 2025 |  |  |  |  |  |  |
Intangible assets | $ | 73,347 |  |  | $ | 401,047 |  |  | $ | 26,099 |  |  | $ | 500,493 |
Less accumulated amortization | (36,538) |  |  | (130,714) |  |  | (13,709) |  |  | (180,961) |
| $ | 36,809 |  |  | $ | 270,333 |  |  | $ | 12,390 |  |  | $ | 319,532 |
| Covenants Not-to-Compete |  | Customer Relationships |  | Trade Names |  | Total
Balance, December 31, 2024 |  |  |  |  |  |  |
Intangible assets | $ | 71,568 |  |  | $ | 377,600 |  |  | $ | 25,795 |  |  | $ | 474,963 |
Less accumulated amortization | (34,398) |  |  | (115,305) |  |  | (11,792) |  |  | (161,495) |
| $ | 37,170 |  |  | $ | 262,295 |  |  | $ | 14,003 |  |  | $ | 313,468 |
Intangible amortization expense was $19,466 during the three months ended March 31, 2025 and $12,564 during the three months ended March 31, 2024. A summary of intangible amortization expense estimated for each of the next five fiscal years following fiscal year 2024 and thereafter is estimated as follows:
Estimated Future Amortization Expense as of March 31, 2025 |
For the remainder of the fiscal year ending December 31, 2025 | $ | 54,315 |
Fiscal year ending December 31, 2026 | $ | 64,833 |
Fiscal year ending December 31, 2027 | $ | 56,585 |
Fiscal year ending December 31, 2028 | $ | 48,002 |
Fiscal year ending December 31, 2029 | $ | 36,700 |
Thereafter | $ | 59,097 |

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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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