Goodwill, Customer Relationships and Trademarks (Tables)

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets

Goodwill, customer relationships and trademarks consist of the following amounts (in thousands):

	September 30, 2016			December 31, 2015
Goodwill	$	79,556		$	18,379
Customer relationships - Acquired (1)
Cost	$	63,571		$	14,883
Accumulated amortization	(22,022		)	(4,503		)
Customer relationships - Acquired, net	$	41,549		$	10,380
Customer relationships - Other (2)
Cost	$	4,320		$	4,320
Accumulated amortization	(2,349		)	(1,271		)
Customer relationships - Other, net	$	1,971		$	3,049
Trademarks (3)
Cost	$	6,770		$	1,268
Accumulated amortization	(311		)	(74		)
Trademarks, net	$	6,459		$	1,194

(1) Customer relationships - Acquired represents those customer acquisitions accounted for under the acquisition method in accordance with ASC 805.

(2) Customer relationships - Other represent portfolios of customer contracts not accounted for in accordance with ASC 805 as these acquisitions were not in conjunction with the acquisition of businesses.

(3) Trademarks reflect values associated with the recognition and positive reputation of acquired businesses accounted for as part of the acquisition method in accordance with ASC 805 through the acquisition of CenStar, Oasis, the Major Energy Companies and the Provider Companies. These trademarks are recorded as other assets in the condensed consolidated balance sheets.

Changes in goodwill, customer relationships and trademarks consisted of the following (in thousands):

	Goodwill		Customer Relationships - Acquired			Customer Relationships - Others			Trademarks
Balance at December 31, 2015	$	18,379	$	10,380		$	3,049		$	1,194
Additions	61,177		48,688			—			5,502
Amortization expense	—		(17,519		)	(1,078		)	(237		)
Balance at September 30, 2016	$	79,556	$	41,549		$	1,971		$	6,459

Estimated Future Amortization Expense of Intangible Assets

Estimated future amortization expense for customer relationships and trademarks at September 30, 2016 is as follows (in thousands):

Year ending December 31,
2016	$	10,117
2017	12,913
2018	10,337
2019	5,892
2020	2,895
> 5 years	7,825
Total	$	49,979