Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2019

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 remaining estimated useful lives of three to seven 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
	December 31,					September 30,
Amortized Intangible Assets	2018		Amortization			2019
Customer Network (HGP)	$	114	$	(17	)	$	97
Trade Name (HGP)		746		(77	)		669
Customer Relationships (NLEX)		330		(82	)		248
Total		1,190		(176	)		1,014

Unamortized Intangible Assets
Trade Name (NLEX)		2,437		—			2,437
Total	$	3,627	$	(176	)	$	3,451

Schedule of Estimated Amortization Expense, Intangible Assets

The estimated amortization expense as of September 30, 2019 during the next five fiscal years and thereafter is shown below (in thousands):

Year	Amount
2019 (remainder of year from October 1, 2019 to December 31, 2019)	$	59
2020		236
2021		236
2022		128
2023		126
Thereafter		229
Total	$	1,014

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 additions to goodwill and no impairment losses to the carrying amount of goodwill during the nine months ended September 30, 2019 and 2018.

Acquisition	September 30, 2019		December 31, 2018
Equity Partners	$	573	$	573
HGP		2,040		2,040
NLEX		3,545		3,545
Total goodwill	$	6,158	$	6,158