Deferred Acquisition Costs

6 Months Ended

Jun. 30, 2019

Deferred Policy Acquisition Costs Disclosures [Abstract]

DEFERRED ACQUISITION COSTS

DEFERRED ACQUISITION COSTS

Deferred acquisition costs consist primarily of commissions and agency expenses incurred related to successful efforts to acquire vehicle service agreements and are amortized over the period in which the related revenues are earned in accordance with ASC 606.

The components of deferred acquisition costs and the related amortization expense for the three and six months ended June 30, 2019 and June 30, 2018 are comprised as follows:

(in thousands)	Three months ended June 30,						Six months ended June 30,
	2019			2018			2019			2018
Beginning balance, net	$	7,220		$	6,428		$	6,904		$	6,325
Additions	1,500			1,256			2,701			2,498
Amortization	(996		)	(1,022		)	(1,881		)	(2,161		)
Balance at June 30, net	$	7,724		$	6,662		$	7,724		$	6,662