XML 53 R10.htm IDEA: XBRL DOCUMENT v3.20.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net
Intangible Assets, Net
At March 31, 2020, the Company’s intangible assets, net, consisted of the following (in thousands):
 
Useful
Life
(Years)
 
Gross
March 31,
2020
 
Accumulated
Amortization
 
Net
March 31,
2020
Amortized intangible assets:
 
 
 
 
 
 
 
Network relationships
11-15
 
143,930

 
(63,831
)
 
80,099

Management contracts
15
 
22,832

 
(10,206
)
 
12,626

Member relationships
12
 
6,696

 
(2,573
)
 
4,123

Patient management platform
5
 
2,060

 
(961
)
 
1,099

Trade name/trademarks
20
 
1,011

 
(118
)
 
893

 
 
 
$
176,529

 
$
(77,689
)
 
$
98,840

At December 31, 2019, the Company’s intangible assets, net, consisted of the following (in thousands):
 
Useful
Life
(Years)
 
Gross
December 31,
2019
 
Accumulated
Amortization
 
Net
December 31,
2019
Amortized intangible assets:
 
 
 
 
 
 
 
Network relationships
11-15
 
143,930

 
(60,526
)
 
83,404

Management contracts
15
 
22,832

 
(9,676
)
 
13,156

Member relationships
12
 
6,696

 
(2,352
)
 
4,344

Patient management platform
5
 
2,060

 
(858
)
 
1,202

Trade name/trademarks
20
 
1,011

 
(105
)
 
906

 
 
 
$
176,529

 
$
(73,517
)
 
$
103,012


Amortization expense was $4.2 million and $3.9 million for the three months ended March 31, 2020 and 2019, respectively.
Future amortization expense is estimated to be as follows for the years ending December 31 (in thousands):
 
Amount
 
 
2020 (excluding the three months ended March 31, 2020)
$
11,856

2021
14,524

2022
12,673

2023
10,842

2024
9,830

Thereafter
39,115

 
 
Total
$
98,840