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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2013
Intangible Assets  
Summary of intangible assets

Intangible assets consisted of the following at September 30, 2013 and December 31, 2012 (in thousands):

 

 

 

September 30,
2013

 

December 31,
2012

 

Useful Life

 

Client relationships

 

$

102,755

 

$

130,105

 

5-10 years

 

Trade name

 

19,532

 

19,733

 

3-7 years

 

Restrictive covenants

 

18,300

 

19,600

 

2-5 years

 

 

 

140,587

 

169,438

 

 

 

 

 

 

 

 

 

 

 

Less accumulated amortization

 

(40,085

)

(50,319

)

 

 

Intangible assets, net

 

$

100,502

 

$

119,119

 

 

 

Schedule of estimated amortization expense of intangible assets

Estimated amortization expense for intangible assets is expected to approximate the following (in thousands):

 

Year Ending December 31,

 

 

 

Remainder of 2013

 

$

5,190

 

2014

 

20,733

 

2015

 

20,270

 

2016

 

19,934

 

2017

 

16,613

 

Thereafter

 

17,762