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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill by Operating Segment | Changes in the carrying amount of goodwill by segment for the six months ended June 30, 2023 were as follows (in thousands):
|  | Aviation |  | Fleet |  | Total
Balance as of December 31, 2022 |  | $ | 154,072 |  |  | $ | 63,190 |  |  | $ | 217,262 |
Acquisitions |  | 4,761 |  |  | — |  |  | 4,761 |
Balance as of June 30, 2023 |  | $ | 158,833 |  |  | $ | 63,190 |  |  | $ | 222,023 |
Schedule of Intangible Assets | Intangible assets consisted of the following (in thousands):
|  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
June 30, 2023 |  |  |  |  |  |
Contract and customer-related |  | $ | 202,940 |  |  | $ | (120,760) |  |  | $ | 82,180 |
Trade names |  | 8,670 |  |  | (8,032) |  |  | 638 |
Total |  | $ | 211,610 |  |  | $ | (128,792) |  |  | $ | 82,818 |
December 31, 2022 |  |  |  |  |  |
Contract and customer-related |  | $ | 199,140 |  |  | $ | (113,796) |  |  | $ | 85,344 |
Trade names |  | 8,670 |  |  | (7,456) |  |  | 1,214 |
Total |  | $ | 207,810 |  |  | $ | (121,252) |  |  | $ | 86,558 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | As of June 30, 2023, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):
Year Ending |  |
Remainder of 2023 |  | $ | 5,114 |
2024 |  | 9,136 |
2025 |  | 9,074 |
2026 |  | 8,950 |
2027 |  | 7,204 |
Thereafter |  | 43,340 |
Total |  | $ | 82,818 |

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