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Goodwill and Intangible Assets
 9 Months Ended
Sep. 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 $59,530, net of accumulated amortization of $5,570. The distributor relationships have a useful life of 20 years. The amortization expense for the quarter and year to date ended September 30, 2023 was $820 and $1,948, respectively. The amortization expense for the quarter and year to date ended September 30, 2022 was $518 and $1,553, respectively.

As of September 30, 2023, the expected future amortization expense related to definite-lived intangible assets is as follows:
Remainder of 2023$813 
20243,255 
20253,255 
20263,255 
20273,255 
Thereafter45,697 
Total$59,530 

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— 95,250 — 95,250 
Balance, September 30, 2023
$— $321,544 $— $321,544 

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— 34,000 — 34,000 
Balance, September 30, 2023
$— $212,990 $— $212,990