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Amortizable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

Amortizable intangible assets at December 31, 2020 and 2019 consisted of the following:

 

 

 

December 31, 2020

 

 

December 31, 2019

 

(in thousands)

 

Gross

carrying

value

 

 

Accumulated

amortization

 

 

Net

carrying

value

 

 

Weighted

average

life in

years(1)

 

 

Gross

carrying

value

 

 

Accumulated

amortization

 

 

Net

carrying

value

 

 

Weighted

average

life in

years(1)

 

Purchased customer accounts

 

$

2,164,968

 

 

$

(1,118,316

)

 

$

1,046,652

 

 

 

15.0

 

 

$

1,925,326

 

 

$

(1,011,574

)

 

$

913,752

 

 

 

15.0

 

Non-compete agreements

 

 

35,093

 

 

 

(32,085

)

 

 

3,008

 

 

 

4.6

 

 

 

33,881

 

 

 

(30,865

)

 

 

3,016

 

 

 

4.6

 

Total

 

$

2,200,061

 

 

$

(1,150,401

)

 

$

1,049,660

 

 

 

 

 

 

$

1,959,207

 

 

$

(1,042,439

)

 

$

916,768

 

 

 

 

 

 

(1)

Weighted average life calculated as of the date of acquisition.