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Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

8. Intangible Assets

Goodwill, customer relationships and trademarks consist of the following amounts (in thousands):


	September 30, 2022		December 31, 2021
Goodwill	$	120,343	$	120,343
Customer relationships—Acquired
Cost	$	5,026	$	46,552
Accumulated amortization	(4,524)		(41,120)
Customer relationships—Acquired	$	502	$	5,432
Customer relationships—Other
Cost	$	7,886	$	15,955
Accumulated amortization	(3,353)		(7,204)
Customer relationships—Other, net	$	4,533	$	8,751
Trademarks
Cost	$	4,041	$	7,040
Accumulated amortization	(1,111)		(3,508)
Trademarks, net	$	2,930	$	3,532

Changes in goodwill, customer relationships and trademarks consisted of the following (in thousands):


	Goodwill		Customer Relationships— Acquired		Customer Relationships— Other		Trademarks
Balance at December 31, 2021	$	120,343	$	5,432	$	8,751	$	3,532
Additions	—		—		1,092		—

Amortization	—		(4,930)		(5,310)		(602)
Balance at September 30, 2022	$	120,343	$	502	$	4,533	$	2,930

During the nine months ended September 30, 2022, the Company changed the estimated average life for Customer Relationships – Other from three years to eighteen months, resulting in approximately $0.9 million of additional amortization recorded in the nine months ended September 30, 2022.

Estimated future amortization expense for customer relationships and trademarks at September 30, 2022 is as follows (in thousands):


Year ending December 31,

2022 (remaining three months)	$	2,139
2023	2,921
2024	746
2025	543
2026	404
> 5 years	1,212
Total	$	7,965