v3.25.0.1
Intangible Assets
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Intangible assets subject to amortization that are not fully amortized are as follows (in thousands):
Weighted average useful lifeAs of December 31, 2024As of December 31, 2023
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships2.8$10,400 $(4,507)$5,893 $10,400 $(2,427)$7,973 
Reacquired rights4.817,618 (5,453)12,165 17,618 (2,936)14,682 
Backlog0.06,700 (6,700)— 6,700 (3,908)2,792 
Other0.04,225 (4,225)— 4,225 (3,770)455 
Total intangible assets$38,943 $(20,885)$18,058 $38,943 $(13,041)$25,902 
Amortization expense of intangible assets was $7.8 million and $9.6 million for the years ended December 31, 2024 and 2023, respectively.
As of December 31, 2024, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter is as follows (in thousands):
Year ended December 31,Amount
2025$4,597 
20264,597 
20274,250 
20282,517 
20292,097 
Thereafter— 
Total$18,058