XML 28 R14.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Goodwill and intangible assets | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and intangible assets |
Goodwill and intangible assets | Note 8 – Goodwill and intangible assets Goodwill represents the excess of the purchase price over the fair value of the net assets acquired in business combinations accounted for under the purchase method of accounting. There were no goodwill impairment losses recognized for the years ended December 31, 2023, 2022 and 2021. Based on the results of the impairment assessments of goodwill and intangible assets performed, management concluded that the fair value of the Company’s goodwill exceeds the carrying value and that there are no impairment indicators related to intangible assets. At December 31, 2023 and December 31, 2022 the Company had $47.8 million of goodwill. The Company’s other intangible assets consist of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | 2023 | ​ | 2022
​ | ​ | Amortization | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
December 31, | ​ | Period | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​ | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​
(in thousands) |  | (in years) |  | Amount |  | Amortization |  | Net |  | Amount |  | Amortization |  | Net
Intangible assets with determinable lives |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Covenant not to compete |  | 6 – 10 | ​ | $ | 870 | ​ | $ | 798 | ​ |  | 72 | ​ | $ | 870 | ​ | $ | 710 | ​ | ​ | 160
Customer relationships |  | 3 – 12 | ​ |  | 31,560 | ​ |  | 17,151 | ​ |  | 14,409 | ​ |  | 31,560 | ​ |  | 14,491 | ​ |  | 17,069
Above market leases |  | 13 | ​ |  | 567 | ​ |  | 277 | ​ |  | 290 | ​ |  | 567 | ​ |  | 232 | ​ |  | 335
Total identifiable intangible assets | ​ | ​ | ​ | $ | 32,997 | ​ | $ | 18,226 | ​ | $ | 14,771 | ​ | $ | 32,997 | ​ | $ | 15,433 | ​ | $ | 17,564
​ The amortization of intangible assets for the years ended December 31, 2023, 2022 and 2021, were $2.8 million. Future estimated amortization expense is as follows: 2024 - $2.8 million, 2025 - $2.5 million, 2026- $2.5 million, 2027- $2.5 million, 2028-$2.5 million and thereafter - $1.9 million.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration