General form of registration statement for all companies including face-amount certificate companies

Intangible assets, royalties and goodwill (Tables)

v3.20.1
Intangible assets, royalties and goodwill (Tables)
12 Months Ended
Dec. 31, 2019
Intangible assets, royalties and goodwill [Abstract]  
Intangible Assets
The Company’s intangible assets as of December 31, 2019 are as follows:

Dollars in thousands
         
December 31, 2018
   
December 31, 2019
 
   
Weighted-
Average
Remaining
Useful
Lives (in
years)
   
Gross Carrying
Amount
   
Additions
   
Adjustments
   
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net Carrying
Amount
 
License
   
-
   
$
-
   
$
986
   
$
(986
)
 
$
-
   
$
-
   
$
-
 
Customer relationships
   
7
     
-
     
7,500
     
-
     
7,500
     
(35
)
   
7,465
 
Trade name
   
15
     
-
     
7,190
     
-
     
7,190
     
(14
)
   
7,176
 
Total intangible assets
         
$
-
   
$
15,676
   
$
(986
)
 
$
14,690
   
$
(49
)
 
$
14,641
 
Estimated Future Amortization of Intangible Assets
The estimated future amortization of intangible assets over the remaining weighted average useful life of 10 years is as follows:
 
Dollars in thousands
Years ended December 31,
     
2020
 
$
1,551
 
2021
   
1,551
 
2022
   
1,551
 
2023
   
1,551
 
2024
   
1,551
 
Thereafter
   
6,886
 
   
$
14,641