XML 25 R14.htm IDEA: XBRL DOCUMENT v3.24.3
INTANGIBLE ASSETS, NET
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
The components of intangible assets, net consisted of the following (amounts in thousands):
Weighted- Average Useful Lives (in Years)September 30,
2024		December 31,
2023
Amortizable intangible assets:
Customer lists/relationships13.50$6,500 $— 
Trade names10.005,500 — 
Other intangibles15.873,384 3,384 
          Total at cost15,384 3,384 
     Less accumulated amortization(2,348)(1,953)
$13,036 $1,431 

Amortization related to intangible assets were $(0.3) million and $0.2 million for the three months ended September 30, 2024 and 2023, respectively, and $0.8 million and $0.5 million for the nine months ended September 30, 2024 and 2023, respectively. For the three months ended September 30, 2024, the Company recorded a favorable adjustment to amortization expense related to the reduction of amortizable intangible assets associated with a measurement period adjustment associated with the Carlstar purchase price allocation.

The estimated aggregate amortization expense at September 30, 2024, for each of the years (or other periods) set forth below was as follows (amounts in thousands):
October 1 - December 31, 2024$691 
20251,249 
20261,190 
20271,154 
20281,154 
Thereafter7,598 
 $13,036