GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in carrying amount of goodwill were as follows:

	Gross		Accumulated
	Goodwill		Impairment						Net
	as of		as of		Acquisition				Goodwill
	Beginning-		Beginning-		Accounting				as of End-
	of-Year		of-Year		Adjustments		Impairment		of-Year
	(In thousands)
For the year ended December 31,:
2019	$	—	$	—	$	10,997	$	—	$	10,997
2020	10,997		—		—		(10,997)		—

Schedule of Finite-Lived Intangible Assets

The gross carrying amounts and accumulated amortization for each major specifically identifiable intangible asset class were as follows:

	December 31, 2020				December 31, 2019				Weighted-
	Gross				Gross				Average-
	Carrying		Accumulated		Carrying		Accumulated		Amortization
	Amount		Amortization		Amount		Amortization		Period
	(In thousands)
Trade name (1)	$	1,100	$	—	$	1,800	$	—	0
Non-compete agreements (2)	300		162		300		13		2
Insurance licenses (3)	180		—		182		—		0
Total	$	1,580	$	162	$	2,282	$	13

(1)This intangible has an indefinite useful life. We recorded impairment of $0.7 million in the year ended December 31, 2020, due primarily to a higher discount rate, which lowered the fair value.

(2)Will become fully amortized during the year ended December 31, 2021.

(3)This intangible has an indefinite useful life. We recorded impairment of $2 thousand for the year ended December 31, 2020, due primarily to a higher discount rate, which lowered the fair value.

Schedule of Indefinite-Lived Intangible Assets

The gross carrying amounts and accumulated amortization for each major specifically identifiable intangible asset class were as follows:

	December 31, 2020				December 31, 2019				Weighted-
	Gross				Gross				Average-
	Carrying		Accumulated		Carrying		Accumulated		Amortization
	Amount		Amortization		Amount		Amortization		Period
	(In thousands)
Trade name (1)	$	1,100	$	—	$	1,800	$	—	0
Non-compete agreements (2)	300		162		300		13		2
Insurance licenses (3)	180		—		182		—		0
Total	$	1,580	$	162	$	2,282	$	13

(1)This intangible has an indefinite useful life. We recorded impairment of $0.7 million in the year ended December 31, 2020, due primarily to a higher discount rate, which lowered the fair value.

(2)Will become fully amortized during the year ended December 31, 2021.

(3)This intangible has an indefinite useful life. We recorded impairment of $2 thousand for the year ended December 31, 2020, due primarily to a higher discount rate, which lowered the fair value.