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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and intangible assets Goodwill and intangible assets consisted of:
|  | As of
|  | June 30, 2021 |  | December 31, 2020
(in thousands) |  | Useful life (months) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Customer relationships |  | 120 |  | $ | 25,040 |  |  | $ | (11,373) |  |  | $ | 13,667 |  |  | $ | 25,040 |  |  | $ | (10,016) |  |  | $ | 15,024 |
Non-compete agreements |  | 60 |  | 303 |  |  | (240) |  |  | 63 |  |  | 303 |  |  | (211) |  |  | 92 |
Domain names |  | 60 |  | 1,224 |  |  | (895) |  |  | 329 |  |  | 1,224 |  |  | (789) |  |  | 435 |
Intangible assets |  |  |  | $ | 26,567 |  |  | $ | (12,508) |  |  | $ | 14,059 |  |  | $ | 26,567 |  |  | $ | (11,016) |  |  | $ | 15,551 |
Goodwill |  | Indefinite |  | $ | 18,402 |  |  | — |  |  | $ | 18,402 |  |  | $ | 18,402 |  |  | — |  |  | $ | 18,402 |
Amortization expense related to intangible assets totaled $0.7 million and $0.8 million for the three months ended June 30, 2021 and 2020, respectively, and $1.5 million and $1.6 million for the six months ended June 30, 2021 and 2020, respectively. Goodwill is not amortized and is tested for impairment at least annually in the fourth quarter or when events or circumstances indicate that the fair value of a reporting unit may be below its carrying value. The Company has no accumulated impairment of goodwill. The following table presents the changes in goodwill and intangible assets:
|  | As of
|  | June 30, 2021 |  | December 31, 2020
(in thousands) |  | Goodwill |  | Intangible assets |  | Goodwill |  | Intangible assets
Beginning balance |  | $ | 18,402 |  |  | $ | 15,551 |  |  | $ | 18,402 |  |  | $ | 18,752 |
Additions to goodwill and intangible assets |  | — |  | — |  | — |  | —
Amortization |  | — |  | (1,492) |  |  | — |  | (3,201) |
Ending balance |  | $ | 18,402 |  |  | $ | 14,059 |  |  | $ | 18,402 |  |  | $ | 15,551 |
As of June 30, 2021, future amortization expense relating to identifiable intangible assets with estimable useful lives over the next five years was as follows:
(in thousands) |  | Amortization expense
2021–Remaining Period |  | $ | 1,491 |
2022 |  | 2,730 |
2023 |  | 2,388 |
2024 |  | 2,211 |
2025 |  | 2,028 |
Thereafter |  | 3,211 |
|  | $ | 14,059 |

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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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