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Goodwill and Intangible Assets
 6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Definite-Lived Intangible Assets. The Company acquired definite-lived intangible assets in connection with various acquisitions of businesses. The distributor relationships have a carrying value of $58,750, net of accumulated amortization of $4,750. The distributor relationships have a useful life of 20 years. The amortization expense for the quarter and year to date ended June 30, 2023 was $610 and $1,128, respectively. The amortization expense for the quarter and year to date ended June 30, 2022 was $517 and $1,035, respectively.

As of June 30, 2023, the expected future amortization expense related to definite-lived intangible assets is as follows:
Remainder of 2023$1,587 
20243,175 
20253,175 
20263,175 
20273,175 
Thereafter44,463 
Total$58,750 

Goodwill and Indefinite-Lived Intangible Assets. The Company records goodwill and indefinite-lived intangible assets in connection with various acquisitions of businesses and allocates the goodwill and indefinite-lived intangible assets to its respective reporting units.

Changes in carrying amount of goodwill by business segment were as follows:
Distilling SolutionsBranded SpiritsIngredient SolutionsTotal
Balance, December 31, 2022
$— $226,294 $— $226,294 
Acquisitions— 99,419 — 99,419 
Balance, June 30, 2023
$— $325,713 $— $325,713 

Changes in carrying amount of trade name intangible assets by business segment were as follows:
Distilling SolutionsBranded SpiritsIngredient SolutionsTotal
Balance, December 31, 2022
$— $178,990 $— $178,990 
Acquisitions— 33,700 — 33,700 
Balance, June 30, 2023
$— $212,690 $— $212,690