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Intangible Assets and Deferred Charges | 9 Months Ended
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Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Deferred Charges | Intangible Assets and Deferred Charges Intangible Assets Intangible assets represent the fair value of intellectual, non-physical assets resulting from business acquisitions and are amortized over their estimated useful life using either an accelerated or straight-line method over a period of 15 years. The balance of intangible assets from continuing operations subject to amortization are as follows:
| September 30, 2025 |  | December 31, 2024
(in thousands) | Gross Carrying Amount | Accumulated Amortization |  | Gross Carrying Amount | Accumulated Amortization
Definite-lived intangible assets: |  |  |  |  |
Customer related | $ | 5,100 |  | $ | (2,593) |  |  | $ | 5,100 |  | $ | (2,167) |
Trademarks and trade names | 150 |  | (39) |  |  | 150 |  | (32) |
Other | 500 |  | (132) |  |  | 500 |  | (106) |
Total definite-lived intangible assets | $ | 5,750 |  | $ | (2,764) |  |  | $ | 5,750 |  | $ | (2,305) |
Estimated amortization expense related to intangible assets for the next five years are as follows:
(in thousands) |  |  |  |
Remainder of 2025 | $ | 153 |  |  |  |
2026 | 468 |  |  |  |
2027 | 375 |  |  |  |
2028 | 310 |  |  |  |
2029 | 277 |  |  |  |
2030 | 248 |  |  |  |
Thereafter | 1,155 |  |  |  |
Deferred Charges Deferred charges represent debt issuance costs and are amortized over their estimated useful lives using the straight-line method over a period of 2.5 years. The balance of deferred charges subject to amortization are as follows:
(in thousands) | September 30, 2025 |  | December 31, 2024
Deferred charges, gross | $ | 401 |  |  | $ | 326 |
Accumulated amortization of deferred charges | (63) |  |  | (17) |
Deferred charges, net | $ | 338 |  |  | $ | 309 |

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