INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2016

INTANGIBLE ASSETS

Schedule of intangible assets

Intangible assets on the Company’s condensed consolidated balance sheets consist of the following (in thousands):

		March 31, 2016							December 31, 2015
	Life	Gross Amount		Accumulated amortization			Net Book Value		Gross Amount		Accumulated amortization			Net Book Value
Customer lists	8 - 15 years	$	37,639	$	(8,435	)	$	29,204	$	34,149	$	(7,785	)	$	26,364
Trade name	10 - 15 years	6,025		(1,909		)	4,116		4,775		(1,793		)	2,982
Design and technologies	8 - 15 years	4,772		(1,703		)	3,069		2,189		(1,570		)	619
Patents		24		(6		)	18		24		(5		)	19
Total		$	48,460	$	(12,053	)	$	36,407	$	41,137	$	(11,153	)	$	29,984

Schedule of estimated amortization expense for intangible assets

Estimated future intangible asset amortization expense as of March 31, 2016 is as follows (in thousands):

	Estimated Amortization Expense
Remainder of 2016	$	2,346
2017	3,128
2018	3,128
2019	3,128
2020	3,128
Thereafter	21,549
Total estimated amortization expense	$	36,407