Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2017

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.

	Carrying Value					Carrying Value
Amortized Intangible Assets	December 31, 2016		Amortization			September 30, 2017
Customer Network (HGP)	$	158	$	(17	)	$	141
Trade Name (HGP)		953		(77	)		876
Customer Relationships (NLEX)		550		(82	)		468
Website (NLEX)		24		(8	)		16
Total		1,685		(184	)		1,501

Unamortized Intangible Assets
Trade Name (NLEX)		2,437		—			2,437
Total	$	4,122	$	(184	)	$	3,938

Schedule of Estimated Amortization Expense, Intangible Assets

The estimated amortization expense as of September 30, 2017 during the next five fiscal years and thereafter is shown below (in thousands):

Year	Amount
2017 (remainder of year from October 1, 2017 to December 31, 2017)	$	61
2018		245
2019		240
2020		236
2021		236
Thereafter		483
Total	$	1,501

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 to the carrying amount of goodwill during the three or nine months ended September 30, 2017 and 2016.

Acquisition	September 30, 2017		December 31, 2016
Equity Partners	$	573	$	573
HGP		2,040		2,040
NLEX		3,545		3,545
Total goodwill	$	6,158	$	6,158