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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Intangible Assets, Net [Abstract]  
Intangible Assets, Net
The Company’s intangible assets, net, consisted of the following:

   
June 30, 2025
   
December 31, 2024
 
   
Gross Amount
   
Accumulated Amortization
   
Net Carrying
Amount
   
Gross Amount
   
Accumulated Amortization
   
Net Carrying
Amount
 
   
(In thousands)
 
Customer and referral relationships
 
$
158,474
   
$
(44,895
)
 
$
113,579
   
$
156,747
   
$
(39,218
)
 
$
117,529
 
Tradenames
   
57,586
     
-
     
57,586
     
57,041
     
-
     
57,041
 
Non-compete agreements
   
13,369
     
(8,907
)
   
4,462
     
13,077
     
(8,336
)
   
4,741
 
   
$
229,429
   
$
(53,802
)
 
$
175,627
   
$
226,865
   
$
(47,554
)
 
$
179,311
 
Amortization Expenses
The following table details the amount of amortization expense recorded for intangible assets for the periods presented:

 
Three Months Ended
   
Six Months Ended
 
   
June 30, 2025
   
June 30, 2024
   
June 30, 2025
   
June 30, 2024
 
    (In thousands)
 
Customer and referral relationships
 
$
2,870
   
$
2,066
   
$
5,677
   
$
3,884
 
Non-compete agreements
   
270
     
191
     
571
     
354
 
   
$
3,140
   
$
2,257
   
$
6,248
   
$
4,238
 
Amortization of Customer and Referral Relationships and Non Competition Agreements
Based on the balance of referral relationships and non-compete agreements as of June 30, 2025, the expected amount to be amortized in 2025 and thereafter by year is as follows:

For the Year Ending December 31,
 
Customer and Referral
Relationships
   
Non-Compete
Agreements
 

  (In thousands)
 
2025 (excluding the six months ended June 30, 2025)
 
$
5,912
   
$
562
 
2026
   
11,375
     
1,007
 
2027
   
11,212
     
881
 
2028
   
10,943
     
802
 
2029
   
10,565
     
629
 
Thereafter
   
63,572
     
581