INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2018

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

	September 30, 2018		December 31, 2017
Tradenames	$	29,631	$	29,673
Referral relationships, net of accumulated amortization of $8,857 and $7,209, respectively		17,771		16,811
Non-compete agreements, net of accumulated amortization of $4,560 and $4,100, respectively		1,909		2,470
	$	49,311	$	48,954

Amortization Expenses

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

	Three Months Ended				Nine Months Ended
	September 30, 2018		September 30, 2017		September 30, 2018		September 30, 2017
Referral relationships	$	569	$	527		1,648		1,466
Non-compete agreements		172		231		460		632
	$	741	$	758	$	2,108	$	2,098

Amortization of Tradename, Referral Relationships and Non-Competition Agreements

Based on the balance of referral relationships and non-compete agreements as of September 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	$	2,196	2018	$	635
2019	$	2,166	2019	$	649
2020	$	2,166	2020	$	436
2021	$	2,166	2021	$	358
2022	$	2,117	2022	$	176
2023	$	2,009	2023	$	115
Thereafter	$	6,599