Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

The Company’s intangible assets subject to amortization consisted of the following:


($ in thousands)
	March 31, 2023		December 31, 2022
Intangible assets acquired:
Trademark/trade name	$	10,800	$	10,800
Customer relationships	46,500		46,500
Total intangible assets acquired	57,300		57,300

Accumulated amortization:
Trademark/trade name	(450)		(180)
Customer relationships	(1,937)		(775)
Total accumulated amortization	(2,387)		(955)

Intangible assets — net	$	54,913	$	56,345

Estimated remaining amortization expense for each of the subsequent fiscal years is expected to be as follows:


($ in thousands)
Year	Estimated future amortization expense
2023	$	4,298
2024	5,730
2025	5,730
2026	5,730
2027 and beyond	33,425
Total	$	54,913