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IDENTIFIED INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2019
IDENTIFIED INTANGIBLE ASSETS [Abstract]  
Schedule of Identified Intangible Assets

A schedule of identified intangible assets is as follows:







 

 

 

 

 

 

 



 

 

Gross

 

Accumulated

 

Carrying

($ in thousands)

 

 

Amount

 

Amortization

 

Amount

June 30, 2019

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

Wholesale

 

$

27,192 

 

 -

$

27,192 

Retail

 

 

2,900 

 

 -

 

2,900 

Patents

 

 

895 

$

731 

 

164 

Total Intangibles

 

$

30,987 

$

731 

$

30,256 



 

 

 

 

 

 

 



 

 

Gross

 

Accumulated

 

Carrying

December 31, 2018

 

 

Amount

 

Amortization

 

Amount

Trademarks

 

 

 

 

 

 

 

Wholesale

 

$

27,192 

 

 -

$

27,192 

Retail

 

 

2,900 

 

 -

 

2,900 

Patents

 

 

895 

$

714 

 

181 

Total Intangibles

 

$

30,987 

$

714 

$

30,273 



 

 

 

 

 

 

 



 

 

Gross

 

Accumulated

 

Carrying

June 30, 2018

 

 

Amount

 

Amortization

 

Amount

Trademarks

 

 

 

 

 

 

 

Wholesale

 

$

27,192 

 

 -

$

27,192 

Retail

 

 

2,900 

 

 -

 

2,900 

Patents

 

 

895 

$

694 

 

201 

Total Intangibles

 

$

30,987 

$

694 

$

30,293 



Schedule of Amortization Expense

A schedule of approximate amortization expense related to finite-lived intangible assets for the three and six months ended June 30, 2019 and 2018 is as follows:







 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

June 30,

 

June 30,

($ in thousands)

 

2019

 

2018

 

2019

 

2018

Amortization expense

$

$

11 

 

17 

$

22 



Schedule of Future Amortization Expense

A schedule of approximate expected amortization expense related to finite-lived intangible assets for the years ending December 31, is as follows:







 

 



 

Amortization

($ in thousands)

 

Expense

 7/1 - 12/31/19

 

16 

2020

 

31 

2021

 

26 

2022

 

22 

2023

 

20 

2024

 

17 

2025+

 

33