GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

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,:
2020	$	10,997	$	—	$	—	$	(10,997)	$	—
2021	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, 2021				December 31, 2020				Weighted-
	Gross				Gross				Average-
	Carrying		Accumulated		Carrying		Accumulated		Amortization
	Amount		Amortization		Amount		Amortization		Period
	(In thousands)
Trade name (1)	$	—	$	—	$	1,100	$	—	0
Non-compete agreements (2)	300		300		300		162		2
Insurance licenses (3)	—		—		180		—		0
Total	$	300	$	300	$	1,580	$	162

(1)This intangible had an indefinite useful life. We recorded impairment of $1.1 million in the year ended December 31, 2021, due primarily to the lowering of revenue forecasts. as a result of the to the Company's plan to execute an orderly runoff of

MIC's insurance operations, and a higher discount rate, which lowered the fair value. 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)Became fully amortized during the year ended December 31, 2021.

(3)This intangible had an indefinite useful life. We recorded impairment of $180 thousand for the year ended December 31, 2021, due primarily to the decision to runoff the insurance operations of the Maison Companies, which lowered the fair value. 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, 2021				December 31, 2020				Weighted-
	Gross				Gross				Average-
	Carrying		Accumulated		Carrying		Accumulated		Amortization
	Amount		Amortization		Amount		Amortization		Period
	(In thousands)
Trade name (1)	$	—	$	—	$	1,100	$	—	0
Non-compete agreements (2)	300		300		300		162		2
Insurance licenses (3)	—		—		180		—		0
Total	$	300	$	300	$	1,580	$	162

(1)This intangible had an indefinite useful life. We recorded impairment of $1.1 million in the year ended December 31, 2021, due primarily to the lowering of revenue forecasts. as a result of the to the Company's plan to execute an orderly runoff of

MIC's insurance operations, and a higher discount rate, which lowered the fair value. 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)Became fully amortized during the year ended December 31, 2021.

(3)This intangible had an indefinite useful life. We recorded impairment of $180 thousand for the year ended December 31, 2021, due primarily to the decision to runoff the insurance operations of the Maison Companies, which lowered the fair value. 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.