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Intangible (Tables)

6 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

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

Schedule of Intangible Assets

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

Schedule of Future Amortization of Intangible Assets

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

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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