INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 31, 2015

Intangible assets, net as of March 31, 2015 and December 31, 2014 consisted of the following (in thousands):

	March 31, 2015		December 31, 2014
Tradenames, net of accumulated amortization of $108 and $86, respectively	$	14,407	$	14,427
Referral relationships, net of accumulated amortization of $2,855 and $2,610, respectively		8,705		8,951
Non-compete agreements, net of accumulated amortization of $2,481 and $2,377, respectively		1,425		1,529
	$	24,537	$	24,907

Amortization Expenses

The following table details the amount of amortization expense recorded for intangible assets for the three and three months ended March 31, 2015 and 2014 (in thousands):

	Three Months Ended
	March 31, 2015		March 31, 2014

Tradenames	$	22	$	-
Referral relationships		245		155
Non-compete agreements		104		87
Total	$	371	$	242

Amortization of Tradename, Referral Relationships and Non-Competition Agreements

Based on the balance of referral relationships and non-compete agreements as of March 31, 2015, the expected amount to be amortized in 2015 and thereafter by year is as follows (in thousands):

Tradename			Referral Relationships				Non-Compete Agreements
Years	Annual Amount		Years		Annual Amount		Years		Annual Amount
2015		83		2015		981		2015		415
2016		83		2016		981		2016		353
2017		84		2017		981		2017		308
2018		83		2018		935		2018		252
2019		80		2019		846		2019		183
				2020		846		2020		18
				2021		846
				2022		797
				2023		690
				2024		572
				2025		465
				2026		11