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Intangibles | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangibles | Intangibles Intangible assets other than goodwill at the respective balance sheet dates consisted of the following:
| June 30, 2021
(in thousands) | Weighted average remaining life (in years) |  | Gross carrying amount |  | Accumulated amortization |  | Net book value
Intangible assets subject to amortization: |  |  |  |  |  |  |
Trade name - ModSpace | 0.2 |  | $ | 3,000 |  |  | $ | (2,875) |  |  | $ | 125 |
Mobile Mini customer relationships | 7.1 |  | 209,000 |  |  | (25,048) |  |  | 183,952 |
Technology | 5.0 |  | 1,500 |  |  | (250) |  |  | 1,250 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |
Trade name - Mobile Mini |  |  | 164,000 |  |  | — |  |  | 164,000 |
Trade name - WillScot |  |  | 125,000 |  |  | — |  |  | 125,000 |
Total intangible assets other than goodwill |  |  | $ | 502,500 |  |  | $ | (28,173) |  |  | $ | 474,327 |
| December 31, 2020
(in thousands) | Weighted average remaining life (in years) |  | Gross carrying amount |  | Accumulated amortization |  | Net book value
Intangible assets subject to amortization: |  |  |  |  |  |  |
Trade name - ModSpace | 0.7 |  | $ | 3,000 |  |  | $ | (2,375) |  |  | $ | 625 |
Mobile Mini customer relationships | 8.0 |  | 217,000 |  |  | (12,053) |  |  | 204,947 |
Technology | 5.5 |  | 1,500 |  |  | (125) |  |  | 1,375 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |
Trade name - Mobile Mini |  |  | 164,000 |  |  | — |  |  | 164,000 |
Trade name - WillScot |  |  | 125,000 |  |  | — |  |  | 125,000 |
Total intangible assets other than goodwill |  |  | $ | 510,500 |  |  | $ | (14,553) |  |  | $ | 495,947 |
Amortization expense related to intangible assets was $6.8 million and $0.3 million for the three months ended June 30, 2021 and 2020, respectively, and $13.8 million and $0.5 million for the six months ended June 30, 2021 and 2020, respectively. As discussed in Note 2, the Company acquired Mobile Mini on July 1, 2020. The Company recorded $164.0 million to indefinite-lived intangible assets and $210.5 million of intangibles subject to amortization related to Mobile Mini customer relationships and technology. Based on the carrying value at June 30, 2021, future amortization of intangible assets is expected to be as follows for the years ended December 31:
(in thousands) |
2021 (remaining) | $ | 13,334 |
2022 | 26,416 |
2023 | 26,416 |
2024 | 26,416 |
2025 | 26,416 |
Thereafter | 66,329 |
Total | $ | 185,327 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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