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Other Intangible Assets
12 Months Ended
Dec. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

7. Other Intangible Assets

Other identifiable intangible assets and related accumulated amortization consisted of the following at December 31, 2022 and 2021 (in thousands):

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

December 31, 2022

 

 

December 31, 2021

 

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

 

 

11,512

 

 

 

11,600

 

 

 

 

 

 

 

Trade names

 

 

45,935

 

 

 

40,435

 

 

 

 

 

 

 

Certificates of need

 

 

18,594

 

 

 

18,110

 

 

 

 

 

 

 

 

 

 

76,041

 

 

 

70,145

 

 

 

 

 

 

 

Total

 

$

77,172

 

 

$

71,276

 

 

$

(1,131

)

 

$

(1,131

)

 

All 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 second quarter of 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. During the fourth quarter of 2021, the Company sold one outpatient facility for $1.5 million and recorded a write down of $0.7 million of goodwill and $0.1 million of intangibles related to the disposition. These dispositions are reflected in other investing activities in the consolidated statement of cash flows.