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INTANGIBLE ASSETS | 6 Months Ended
--- | ---
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETS The following table summarizes information relating to the Company's acquired amortizable intangible assets:
| As of June 30, 2021 |  | As of December 31, 2020 |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Estimated Useful Lives
Customer relationships | $ | 6,113,669 |  |  | $ | (3,755,385) |  |  | $ | 2,358,284 |  |  | $ | 6,052,598 |  |  | $ | (3,478,742) |  |  | $ | 2,573,856 |  |  | 3 to 18 years
Trade names | 1,081,083 |  |  | (941,429) |  |  | 139,654 |  |  | 1,081,083 |  |  | (894,189) |  |  | 186,894 |  |  | 2 to 5 years
Other amortizable intangibles | 58,370 |  |  | (39,606) |  |  | 18,764 |  |  | 56,747 |  |  | (36,381) |  |  | 20,366 |  |  | 1 to 15 years
| $ | 7,253,122 |  |  | $ | (4,736,420) |  |  | $ | 2,516,702 |  |  | $ | 7,190,428 |  |  | $ | (4,409,312) |  |  | $ | 2,781,116 |  |  |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Amortization expense related to amortizable intangible assets | $ | 161,994 |  |  | $ | 183,031 |  |  | $ | 327,108 |  |  | $ | 384,130 |
The carrying amount of indefinite-lived cable television franchises and goodwill is presented below:
| Indefinite-lived Cable Television Franchises |  | Goodwill
Balance as of December 31, 2020 | $ | 13,068,017 |  |  | $ | 8,160,566 |
Indefinite-lived cable television franchises and goodwill recorded in connection with acquisitions | 148,338 |  |  | 45,854 |
Balance as of June 30, 2021 | $ | 13,216,355 |  |  | $ | 8,206,420 |
In April 2021, the Company completed its acquisition of the cable assets of Morris Broadband, LLC in North Carolina for cash of approximately $312,184. In connection with the acquisition, the Company recorded indefinite-lived cable television franchise rights of $148,338, customer relationships of $58,777 and goodwill of $33,497 based on a preliminary allocation of the purchase price. In addition, the Company recorded property, plant and equipment of $71,586. In June 2021, Lightpath completed an acquisition for an aggregate cash purchase price of approximately $28,386, subject to certain closing adjustments as set forth in the asset purchase agreement, and recorded customer relationships of $2,294, goodwill of $12,357, and property, plant and equipment of $14,649.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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