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Intangible Assets
6 Months Ended
Jun. 30, 2020
Intangible Assets Net Excluding Goodwill [Abstract]  
Intangible Assets

Note 8. INTANGIBLE ASSETS

Intangible assets consisted of the following (in thousands):

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Wholesale fuel supply contracts/rights

 

$

181,034

 

 

$

(86,572

)

 

$

94,462

 

 

$

124,479

 

 

$

(79,791

)

 

$

44,688

 

Trademarks/licenses

 

 

1,898

 

 

 

(1,078

)

 

 

820

 

 

 

1,078

 

 

 

(1,072

)

 

 

6

 

Covenant not to compete

 

 

4,552

 

 

 

(4,311

)

 

 

241

 

 

 

4,552

 

 

 

(4,250

)

 

 

302

 

Total intangible assets

 

$

187,484

 

 

$

(91,961

)

 

$

95,523

 

 

$

130,109

 

 

$

(85,113

)

 

$

44,996

 

 

See Notes 2, 3 and 4 for information related to the closing of additional tranches of the asset exchange, the CST Fuel Supply Exchange and the acquisition of retail and wholesale assets, respectively, in which we acquired intangible assets.