DEFERRED ACQUISITION COSTS

12 Months Ended

Dec. 31, 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, Revenue from Contracts with Customers.

The components of deferred acquisition costs and the related amortization expense for the three months ended March 31, 2020 and March 31, 2019 are comprised as follows:

(in thousands)	Three months ended March 31,
	2020			2019
Beginning balance, net	$	8,604		$	6,904
Additions	1,096			1,201
Amortization	(956		)	(885		)
Balance at March 31, net	$	8,744		$	7,220