XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.24.3

Goodwill and Other Intangible Assets, net | 9 Months Ended
--- | ---
Sep. 30, 2024
Goodwill and Other Intangible Assets, net |
Goodwill and Other Intangible Assets, net | 5. Goodwill and Other Intangible Assets, net The financial statements reflect goodwill from previous acquisitions that is all attributable to the HFS – South business segment and reporting unit. Changes in the carrying amount of goodwill were as follows: ​
​ | ​ | ​ | ​
​
​ | ​ | ​ | ​
​ |  | HFS - South
Balance at January 1, 2023 | ​ | $ | 41,038
Changes in Goodwill | ​ | ​ | -
Balance at December 31, 2023 | ​ | ​ | 41,038
Changes in Goodwill | ​ | ​ | -
Balance at September 30, 2024 | ​ | $ | 41,038
​ Intangible assets other than goodwill at the dates indicated below consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2024
​ | ​ | Weighted | ​ | Gross | ​ | ​ | ​ | ​ | ​
​ | ​ | average | ​ | Carrying | ​ | Accumulated | ​ | Net Book
​ |  | remaining lives |  | Amount |  | Amortization |  | Value
Intangible assets subject to amortization |  |  |  | ​ |  |  | ​ |  |  | ​ |
Customer relationships |  | 3.2 | ​ | $ | 133,105 | ​ | $ | (93,556) | ​ | $ | 39,549
Non-compete agreement | ​ | 3.3 | ​ | ​ | 349 | ​ | ​ | (119) | ​ | ​ | 230
Total | ​ | ​ | ​ | ​ | 133,454 | ​ | ​ | (93,675) | ​ | ​ | 39,779
Indefinite lived assets: |  |  | ​ |  |  | ​ |  |  | ​ |  |
Tradenames |  |  | ​ |  | 16,400 | ​ |  | — | ​ |  | 16,400
Total intangible assets other than goodwill |  |  | ​ | $ | 149,854 | ​ | $ | (93,675) | ​ | $ | 56,179
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | Weighted | ​ | Gross | ​ | ​ | ​ | ​ | ​
​ | ​ | average | ​ | Carrying | ​ | Accumulated | ​ | Net Book
​ |  | remaining lives |  | Amount |  | Amortization |  | Value
Intangible assets subject to amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer relationships |  | 3.9 |  | $ | 133,105 |  | $ | (83,505) |  | $ | 49,600
Non-compete agreement | ​ | 4.1 | ​ | ​ | 349 | ​ | ​ | (67) | ​ | ​ | 282
Total | ​ | ​ | ​ | ​ | 133,454 | ​ | ​ | (83,572) | ​ | ​ | 49,882
Indefinite lived assets: |  |  | ​ |  |  | ​ |  |  | ​ |  |
Tradenames |  |  | ​ |  | 16,400 | ​ |  | — | ​ |  | 16,400
Total intangible assets other than goodwill |  |  | ​ | $ | 149,854 | ​ | $ | (83,572) | ​ | $ | 66,282
​ For the nine months ended September 30, 2024 and 2023, amortization expense related to intangible assets was $10.1 million and $10.1 million, respectively, and is included in other depreciation and amortization in the consolidated statements of comprehensive income. For the three months ended September 30, 2024 and 2023, amortization expense related to intangible assets was $3.4 million and $3.4 million, respectively and is included in other depreciation and amortization in the consolidated statements of comprehensive income. The estimated aggregate amortization expense as of September 30, 2024 for each of the next five years and thereafter is as follows: ​
​ | ​ | ​ | ​
Rest of 2024 |  | $ | 3,372
2025 | ​ | ​ | 13,475
2026 | ​ | ​ | 12,879
2027 | ​ | ​ | 8,270
2028 | ​ | ​ | 778
Thereafter | ​ | ​ | 1,005
Total | ​ | $ | 39,779
​

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration