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INTANGIBLE ASSETS, NET (Tables)
9 Months Ended
Sep. 30, 2022
INTANGIBLE ASSETS, NET [Abstract]  
Intangible Assets, Net
Intangible assets, net as of September 30, 2022, and December 31, 2021 consisted of the following (in thousands):

 
September 30, 2022
   
December 31, 2021
 
Tradenames
 
$
40,188
   
$
38,790
 
Customer and referral relationships, net of accumulated amortization of $22,176 and $17,762, respectively
   
51,806
     
45,643
 
Non-compete agreements, net of accumulated amortization of $6,846 and $6,450, respectively
   
1,703
     
1,949
 
   
$
93,697
   
$
86,382
 
Amortization Expenses
The following table details the amount of amortization expense recorded for intangible assets for the three and nine months ended September 30, 2022, and 2021 (in thousands):

 
Three Months Ended
   
Nine Months Ended
 
   
September 30, 2022
   
September 30, 2021
   
September 30, 2022
   
September 30, 2021
 
Customer and referral relationships
 
$
1,404
   
$
852
   
$
4,415
   
$
2,412
 
Non-compete agreements
   
129
     
143
     
396
     
320
 
   
$
1,533
   
$
995
   
$
4,811
   
$
2,732
 
Amortization of Customer and Referral Relationships and Non Competition Agreements
Based on the balance of referral relationships and non-compete agreements as of September 30, 2022, the expected amount to be amortized in 2022 and thereafter by year is as follows (in thousands):

Customer and Referral Relationships
   
Non-Compete Agreements
 
Years
 
Annual Amount
   
Years
   
Annual Amount
 
Ending December 31,
       
Ending December 31,
       
2022 (excluding the nine months ended September 30, 2022)
 
$
1,421
   
2022 (excluding the nine months ended September 30, 2022)
   
$
137
 
2023
 
$
5,586
    2023
   
$
492
 
2024
 
$
5,421
    2024
   
$
436
 
2025
 
$
5,276
    2025
   
$
369
 
2026
 
$
4,809
    2026
   
$
229
 
Thereafter
 
$
29,293
   
Thereafter
   
$
40