Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

The Company’s identifiable intangible assets are associated with its acquisitions of HGP in 2012, NLEX in 2014 and ALT in 2021, as shown in the table below (in thousands), and are amortized using the straight-line method over their remaining estimated useful lives of one to four years. The Company’s tradenames that were acquired as part of the acquisition of NLEX in 2014 and ALT in 2021 have an indefinite life and therefore are not amortized. See Note 14 for further information.

	Carrying Value		Intangible					Carrying Value
	December 31,		Assets					September 30,
Amortized Intangible Assets	2020		Acquired		Amortization			2021
Customer Relationships (HGP)	$	62	$	—	$	(24	)	$	38
Customer Relationships (ALT)		—		1,020		(17	)		1,003
Customer Relationships (NLEX)		111		—		(82	)		29
Trade Name (HGP)		513		—		(95	)		418
Total		686		1,020		(218	)		1,488

Unamortized Intangible Assets
Trade Name (NLEX)		2,437		—		—			2,437
Trade Name (ALT)		—		340		—			340
Total		2,437		340		—			2,777

Total	$	3,123	$	1,020	$	(218	)	$	4,265

Schedule of Estimated Amortization Expense, Intangible Assets

As of September 30, 2021, the estimated amortization expense for the remainder of the current fiscal year and the next three fiscal years is shown below (in thousands):

Year	Amount
2021 (remainder of year from October 1, 2021 to December 31, 2021)	$	119
2022		363
2023		333
2024		333
Thereafter		340
Total	$	1,488

Schedule of Goodwill

The Company’s goodwill is related to its asset liquidation business and is comprised of goodwill from the acquisitions of HGP in 2012, NLEX in 2014 and ALT in 2021, as shown in the table below (in thousands). During the nine months ended September 30, 2021, ALT was the only addition to goodwill and there were no impairment losses to the carrying amount of goodwill. See Note 14 for further information.

Acquisition	September 30, 2021		December 31, 2020
ALT	$	1,677	$	—
HGP		2,040		2,040
NLEX		3,545		3,545
Total goodwill	$	7,262	$	5,585