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Intangible Assets | 9 Months Ended
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Sep. 30, 2021
Intangible Assets |
Intangible Assets | 6. Intangible Assets ​ The Company’s indefinite-lived intangible assets as recorded in the Consolidated Condensed Balance Sheets (Unaudited) were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ | ​ | 2021 | ​ | 2020
​ | ​ | (Dollars in thousands)
Indefinite-lived intangibles: |  | ​ |  |  | ​ |
Goodwill | ​ | $ | 12,219 | ​ | $ | 11,112
Trademarks | ​ |  | 34,768 | ​ |  | 32,868
Total | ​ | $ | 46,987 | ​ | $ | 43,980
​ The additional goodwill and trademarks in 2021 resulted from the Forsake acquisition. Goodwill resulting from the Forsake acquisition has been allocated to the Company’s wholesale and retail segments as of the acquisition date. Changes in the carrying amount of the Company’s goodwill by reportable segment for the nine months ended September 30, 2021, were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Wholesale |  | Retail |  | Total
​ |  | (Dollars in thousands)
Balance, December 31, 2020 | ​ | $ | 11,112 | ​ | $ | — | ​ | $ | 11,112
Acquisition of business | ​ |  | 332 | ​ |  | 775 | ​ |  | 1,107
Balance, September 30, 2021 | ​ | $ | 11,444 | ​ | $ | 775 | ​ | $ | 12,219
​ The Company’s amortizable intangible assets, which were included within other assets in the Consolidated Condensed Balance Sheets (unaudited), consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | September 30, 2021 | ​ | December 31, 2020
​ | ​ | Weighted | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Average | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​ | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​
​ |  | Life (Years) |  | Amount |  | Amortization |  | Net |  | Amount |  | Amortization |  | Net
​ | ​ | ​ | ​ | ​ | (Dollars in thousands) | ​ | (Dollars in thousands)
Amortizable intangible assets | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Customer relationships |  | ​ | 15 | ​ | $ | 3,500 | ​ | $ | (2,469) | ​ | $ | 1,031 | ​ | $ | 3,500 | ​ | $ | (2,294) | ​ | $ | 1,206
Total amortizable intangible assets | ​ | ​ | ​ | ​ | $ | 3,500 | ​ | $ | (2,469) | ​ | $ | 1,031 | ​ | $ | 3,500 | ​ | $ | (2,294) | ​ | $ | 1,206
​ Amortization expense related to the intangible assets was approximately $58,000 in both the third quarters of 2021 and 2020. For the nine months ended September 30, amortization expense related to the intangible assets was approximately $175,000 in both 2021 and 2020.

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