Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

The Company’s identifiable intangible assets are associated with its acquisitions of HGP in 2012 and NLEX in 2014, as shown in the table below (in thousands), and are amortized using the straight-line method over their estimated useful lives of two to twelve years. The Company’s tradename acquired as part of the acquisition of NLEX in 2014 has an indefinite life and therefore is not amortized.

Amortized Intangible Assets	Carrying Value December 31, 2015		Amortization			Carrying Value March 31, 2016
Customer Network (HGP)	$	178	$	(5	)	$	173
Trade Name (HGP)		1,059		(27	)		1,032
Customer Relationships (NLEX)		660		(27	)		633
Non-Compete Agreement (NLEX)		15		(9	)		6
Website (NLEX)		33		(2	)		31
Total		1,945		(70	)		1,875

Unamortized Intangible Assets
Trade Name (NLEX)		2,437		—			2,437
Total	$	4,382	$	(70	)	$	4,312

Schedule of Estimated Amortization Expense, Intangible Assets

The estimated amortization expense as of March 31, 2016 during the next five fiscal years and thereafter is shown below (in thousands):

Year	Amount
2016 (remainder of year from April 1, 2016 to December 31, 2016)	$	190
2017		245
2018		245
2019		240
2020		236
Thereafter		719
Total	$	1,875

Schedule of Goodwill

The Company’s goodwill is related to its asset liquidation business, and is comprised of goodwill from three acquisitions, as shown in the table below (in thousands). There were no impairment losses or other charges to the carrying amount of goodwill during the three months ended March 31, 2016 and 2015.

Acquisition	December 31, 2015		March 31, 2016
Equity Partners	$	573	$	573
HGP		2,040		2,040
NLEX		3,545		3,545
Total goodwill	$	6,158	$	6,158