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Intangible Assets
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS
INTANGIBLE ASSETS
Intangible assets at September 30, 2019 and December 31, 2018 are comprised as follows:
(in thousands)
 
 
September 30, 2019
 
 
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Intangible assets subject to amortization:
 
 
 
 
 
 
Database
 
$
4,918

 
$
3,382

 
$
1,536

Vehicle service agreements in-force
 
3,680

 
3,677

 
3

Customer relationships
 
12,646

 
5,101

 
7,545

In-place lease
 
1,125

 
202

 
923

Non-compete
 
266

 
104

 
162

Intangible assets not subject to amortization:
 
 
 
 
 
 
Tenant relationship
 
73,667

 

 
73,667

Trade names
 
3,264

 

 
3,264

Total
 
$
99,566

 
$
12,466

 
$
87,100



(in thousands)
 
 
December 31, 2018
 
 
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Intangible assets subject to amortization:
 
 
 
 
 
 
Database
 
$
4,918

 
$
3,013

 
$
1,905

Vehicle service agreements in-force
 
3,680

 
3,671

 
9

Customer relationships
 
8,914

 
3,691

 
5,223

In-place lease
 
1,125

 
155

 
970

Non-compete
 
266

 
64

 
202

Intangible assets not subject to amortization:
 
 
 
 
 
 
Tenant relationship
 
73,667

 

 
73,667

Trade names
 
1,290

 

 
1,290

Total
 
$
93,860

 
$
10,594

 
$
83,266


As further discussed in Note 5, "Acquisition and Discontinued Operations," during the first quarter of 2019, the Company recorded $5.7 million of separately identifiable intangible assets, related to acquired customer relationships and trade names, as part of the acquisition of Geminus. The customer relationships intangible asset of $3.7 million is being amortized over ten years based on the pattern in which the economic benefits of the intangible asset are expected to be consumed. The trade name intangible assets of $2.0 million are deemed to have indefinite useful lives and are not amortized.
The Company's other intangible assets with definite useful lives are amortized either based on the patterns in which the economic benefits of the intangible assets are expected to be consumed or using the straight-line method over their estimated useful lives, which range from seven to eighteen years. Amortization of intangible assets was $0.7 million and $1.3 million for the three months ended September 30, 2019 and September 30, 2018, respectively ($1.9 million and $1.8 million for the nine months ended September 30, 2019 and September 30, 2018, respectively).
The tenant relationship and trade name intangible assets have indefinite useful lives and are not amortized. No impairment charges were taken on intangible assets during the three and nine months ended September 30, 2019 and September 30, 2018.