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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets

8.

Goodwill and Other Intangible Assets

Other identifiable intangible assets and related accumulated amortization consisted of the following at June 30, 2021 and December 31, 2020 (in thousands):

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

 

June 30,

2021

 

 

December 31,

2020

 

 

June 30,

2021

 

 

December 31,

2020

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-compete agreements

 

$

1,131

 

 

$

1,131

 

 

$

(1,131

)

 

$

(1,131

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets not subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Licenses and accreditations

 

 

11,669

 

 

 

11,873

 

 

 

 

 

 

 

Trade names

 

 

39,526

 

 

 

39,526

 

 

 

 

 

 

 

Certificates of need

 

 

17,268

 

 

 

17,136

 

 

 

 

 

 

 

 

 

 

68,463

 

 

 

68,535

 

 

 

 

 

 

 

Total

 

$

69,594

 

 

$

69,666

 

 

$

(1,131

)

 

$

(1,131

)

 

All of the Company’s definite-lived intangible assets are fully amortized. The Company’s licenses and accreditations, trade names and certificate of need intangible assets have indefinite lives and are, therefore, not subject to amortization.

During the three months ended June 30, 2021, the Company sold one outpatient facility for $4.3 million and recorded a write down of $1.8 million of goodwill and $0.2 million of intangible assets related to the disposition. This disposition is reflected in other investing activities in the condensed consolidated statement of cash flows.