Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2020

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 five 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,					March 31,
Amortized Intangible Assets	2019		Amortization			2020
Customer Network (HGP)	$	92	$	(9	)	$	83
Trade Name (HGP)		642		(31	)		611
Customer Relationships (NLEX)		221		(27	)		194
Total		955		(67	)		888

Unamortized Intangible Assets
Trade Name (NLEX)		2,437		—			2,437
Total	$	3,392	$	(67	)	$	3,325

Schedule of Estimated Amortization Expense, Intangible Assets

The estimated amortization expense as of March 31, 2020 during the next five fiscal years and thereafter is shown below (in thousands):

Year	Amount
2020 (remainder of year from April 1, 2020 to December 31, 2020)	$	201
2021		270
2022		159
2023		129
2024		129
Total	$	888

Schedule of Goodwill

The Company’s goodwill is related to its asset liquidation business and is comprised of goodwill from two 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 three months ended March 31, 2020.

Acquisition	March 31, 2020		December 31, 2019
HGP	$	2,040	$	2,040
NLEX		3,545		3,545
Total goodwill	$	5,585	$	5,585