Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Intangible Assets

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Note 6 - Intangible Assets
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
6
.      
Intangible Assets
 
The carrying amount and accumulated amortization of intangible assets is comprised of the following (in thousands):
 
   
September 30, 2019
   
December 31, 2018
 
   
Gross
Assets
   
Accumulated
Amortization
   
Net
   
Gross
Assets
   
Accumulated
Amortization
   
Net
 
Nonamortizable intangible assets
                                               
Trade names
  $
2,000
    $
-
    $
2,000
    $
2,000
    $
-
    $
2,000
 
Amortizable intangible assets:
                                               
Trade names
   
23
     
(23
)    
-
     
23
     
(23
)    
-
 
Physician and customer relationships
   
36,534
     
(25,956
)    
10,578
     
36,534
     
(24,175
)    
12,359
 
Non-competition agreements
   
1,136
     
(1,136
)    
-
     
1,136
     
(1,136
)    
-
 
Software
   
11,230
     
(7,269
)    
3,961
     
11,230
     
(5,724
)    
5,506
 
                                                 
Total nonamortizable and amortizable intangible assets
  $
50,923
    $
(34,384
)   $
16,539
    $
50,923
    $
(31,058
)   $
19,865
 
 
Amortization expense for the
three
and
nine
months ended
September 30, 2019
was
$1.1
million and
$3.3
million, respectively, compared to
$1.2
million and
$3.5
million for the same prior year periods, respectively. Expected annual amortization expense for intangible assets recorded as of
September 30, 2019
is as follows (in thousands):
 
   
10/1 -
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2024 and
 
   
12/31/2019
   
2020
   
2021
   
2022
   
2023
   
thereafter
 
                                                 
Amortization expense
  $
1,076
    $
4,285
    $
3,930
    $
2,051
    $
548
    $
2,649