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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets consist of the following as of March 31, 2022:

Intangible assets consist of the following as of March 31, 2022:

 

(Dollars in thousands)   Intangible
Assets
    Accumulated
Amortization
    Total  
For the year ended March 31, 2022                        
Strategic pipeline contract   $ 46,885     $ 3,906     $ 42,979  
Assembled workforce     500       42       458  
Patents     73       1       72  
Total   $ 47,458     $ 3,949     $ 43,509  
Intangible assets consist of the following as of December 31, 2021:

Intangible assets consist of the following as of December 31, 2021:

 

(Dollars in thousands)   Intangible
Assets
    Accumulated
Amortization
    Total  
For the year ended December 31, 2021                        
Strategic pipeline contract   $ 46,885     $ 1,562     $ 45,323  
Assembled workforce     500       17       483  
Patents     33             33  
Total   $ 47,418     $ 1,579     $ 45,839  
The Company expects to record amortization expense of intangible assets over the next five years and thereafter as follows:

The Company expects to record amortization expense of intangible assets over the next five years and thereafter as follows:

 

(Dollars in thousands)        
Year     2022  
2022 (remainder of the year)     $ 7,110  
2023       9,481  
2024       9,481  
2025       9,481  
2026       7,900  
Thereafter       56  
Total     $ 43,509