INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jun. 30, 2018

Intangible assets, net as of June 30, 2018 and December 31, 2017 consisted of the following (in thousands):

	June 30, 2018		December 31, 2017
Tradenames	$	28,934	$	29,673
Referral relationships, net of accumulated amortization of $8,288 and $7,209, respectively		17,580		16,811
Non-compete agreements, net of accumulated amortization of $4,388 and $4,100, respectively		1,921		2,470
	$	48,435	$	48,954

Amortization Expenses

The following table details the amount of amortization expense recorded for intangible assets for the three and six months ended June 30, 2018 and 2017 (in thousands):

	Three Months Ended				Six Months Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Referral relationships	$	559	$	481		1,079		939
Non-compete agreements		91		206		288		401
	$	650	$	687	$	1,367	$	1,340

Amortization of Tradename, Referral Relationships and Non-Competition Agreements

Based on the balance of referral relationships and non-compete agreements as of June 30, 2018, the expected amount to be amortized in 2018 and thereafter by year is as follows (in thousands):

Referral Relationships			Non-Compete Agreements
Years	Annual Amount		Years		Annual Amount
Ending December 31,			Ending December 31,
2018	$	2,170		2018	$	626
2019	$	2,089		2019	$	622
2020	$	2,089		2020	$	409
2021	$	2,089		2021	$	331
2022	$	2,040		2022	$	150
2023	$	1,933		2023	$	71
Thereafter	$	6,249