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Intangible Assets
3 Months Ended
Mar. 31, 2012
Intangible Assets [Abstract]  
Intangible Assets
(5) Intangible Assets:

Intangible assets, net, consisted of the following as of March 31, 2012:

 

                         
    Gross Carrying
Amount
    Accumulated
Amortization
    Intangible
Assets,  Net
 
(in thousands)                  

Customer relationships - subject to amortization

  $ 13,332     $ (667   $ 12,665  

Trade name - not subject to amortization

    23,425       —         23,425  
   

 

 

   

 

 

   

 

 

 
    $ 36,757     $ (667   $ 36,090  
   

 

 

   

 

 

   

 

 

 

The Company estimates that amortization expense for its intangible assets subject to amortization will be $889 thousand for the year ended December 31, 2012 and $889 thousand per year in each of the next five years.