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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill and intangible assets consisted of the following:
| June 30, 2025 |  | December 31, 2024
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization and Other |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization and Other |  | Net
Goodwill | $ | 67,055 |  |  | $ | — |  |  | $ | 67,055 |  |  | $ | 67,055 |  |  | $ | — |  |  | $ | 67,055 |
Indefinite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
Cable franchise rights | 64,334 |  |  | — |  |  | 64,334 |  |  | 64,334 |  |  | — |  |  | 64,334 |
FCC Spectrum licenses | 12,122 |  |  | — |  |  | 12,122 |  |  | 12,122 |  |  | — |  |  | 12,122 |
Railroad crossing rights and other | 557 |  |  | — |  |  | 557 |  |  | 526 |  |  | — |  |  | 526 |
Total indefinite-lived intangibles | 77,013 |  |  | — |  |  | 77,013 |  |  | 76,982 |  |  | — |  |  | 76,982 |
Finite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
Subscriber relationships | 42,447 |  |  | (29,814) |  |  | 12,633 |  |  | 42,447 |  |  | (28,882) |  |  | 13,565 |
Other intangibles | 537 |  |  | (406) |  |  | 131 |  |  | 510 |  |  | (389) |  |  | 121 |
Total finite-lived intangibles | 42,984 |  |  | (30,220) |  |  | 12,764 |  |  | 42,957 |  |  | (29,271) |  |  | 13,686 |
Total goodwill and intangible assets | $ | 187,052 |  |  | $ | (30,220) |  |  | $ | 156,832 |  |  | $ | 186,994 |  |  | $ | (29,271) |  |  | $ | 157,723 |
Amortization expense was $0.5 million and $0.5 million during the three months ended June 30, 2025 and 2024, respectively, and $0.9 million and $0.6 million during the six months ended June 30, 2025 and 2024, respectively. During the three and six months ended June 30, 2025, the Company performed goodwill impairment monitoring procedures and identified no indicators of impairment or triggering events. As of October 1, 2024, management concluded that the estimated fair value of the broadband reporting unit exceeded the carrying value by 11%. The Company will continue to monitor its reporting unit for any triggers that could impact recoverability of goodwill.

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- 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
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