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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and intangible assets Goodwill and intangible assets consisted of:
|  | As of
|  |  |  | June 30, 2022 |  | December 31, 2021
(in thousands) |  | Useful life (months) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Customer relationships |  | 84 - 120 |  | $ | 43,500 |  |  | $ | (14,836) |  |  | $ | 28,664 |  |  | $ | 25,040 |  |  | $ | (12,730) |  |  | $ | 12,310 |
Non-compete agreements |  | 60 |  | 303 |  |  | (286) |  |  | 17 |  |  | 303 |  |  | (268) |  |  | 35 |
Trademarks, trade names, and domain names |  | 60 - 120 |  | 8,884 |  |  | (1,238) |  |  | 7,646 |  |  | 1,224 |  |  | (1,002) |  |  | 222 |
Intangible assets |  |  |  | $ | 52,687 |  |  | $ | (16,360) |  |  | $ | 36,327 |  |  | $ | 26,567 |  |  | $ | (14,000) |  |  | $ | 12,567 |
Goodwill |  | Indefinite |  | $ | 47,739 |  |  | $ | — |  |  | $ | 47,739 |  |  | $ | 18,402 |  |  | $ | — |  |  | $ | 18,402 |
Amortization expense related to intangible assets amounted to $1.7 million and $0.7 million for the three months ended June 30, 2022 and 2021, respectively, and $2.4 million and $1.5 million for the six months ended June 30, 2022 and 2021, respectively. The Company has no accumulated impairment of goodwill. The following table presents the changes in goodwill and intangible assets:
|  | As of
|  | June 30, 2022 |  | December 31, 2021
(in thousands) |  | Goodwill |  | Intangible assets |  | Goodwill |  | Intangible assets
Beginning balance |  | $ | 18,402 |  |  | $ | 12,567 |  |  | $ | 18,402 |  |  | $ | 15,551 |
Additions to goodwill and intangible assets |  | 29,337 |  |  | 26,120 |  |  | — |  | —
Amortization |  | — |  |  | (2,360) |  |  | — |  | (2,984) |
Ending balance |  | $ | 47,739 |  |  | $ | 36,327 |  |  | $ | 18,402 |  |  | $ | 12,567 |
As of June 30, 2022, future amortization expense relating to identifiable intangible assets with estimable useful lives over the next five years was as follows:
(in thousands) |  | Amortization expense
2022–Remaining Period |  | $ | 3,396 |
2023 |  | 6,917 |
2024 |  | 6,427 |
2025 |  | 5,759 |
2026 |  | 5,142 |
Thereafter |  | 8,686 |
|  | $ | 36,327 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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