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Intangible Assets
3 Months Ended
Mar. 31, 2020
Intangible Assets Net Excluding Goodwill [Abstract]  
Intangible Assets

Note 7. INTANGIBLE ASSETS

Intangible assets consisted of the following (in thousands):

 

 

 

March 31, 2020

 

 

December 31, 2019

 

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Wholesale fuel supply contracts/rights

 

$

161,451

 

 

$

(82,391

)

 

$

79,060

 

 

$

124,479

 

 

$

(79,791

)

 

$

44,688

 

Trademarks

 

 

1,078

 

 

 

(1,078

)

 

 

 

 

 

1,078

 

 

 

(1,072

)

 

 

6

 

Covenant not to compete

 

 

4,552

 

 

 

(4,281

)

 

 

271

 

 

 

4,552

 

 

 

(4,250

)

 

 

302

 

Total intangible assets

 

$

167,081

 

 

$

(87,750

)

 

$

79,331

 

 

$

130,109

 

 

$

(85,113

)

 

$

44,996

 

 

See Notes 2 and 3 for information related to the closing of the Third Asset Exchange and the CST Fuel Supply Exchange.