| Schedule of Intangible Assets, Net |
| | |
| (in Thousands)
|
| | |
| December 31, 2019
|
| December 31, 2018
|
|
| Estimated Useful Life in Years
| |
| Gross Carrying Amount
| |
| Accumulated Amortization
| |
| Net Carrying Value
| |
| Gross Carrying Amount
| |
| Amortization Accumulated
| |
| Net Carrying Value
|
| | | | | | | | | | | | | | | | | | | |
|
| Amortizing Intangible Assets:
| | | | | | | | | | | | | | | | | | | |
|
| Customer Relationships
|
| 3 to 5
| |
| $
| 8,072
| |
| $
| (5,834
| )
| |
| 2,238
| |
| $
| 8,072
| |
| $
| (3,630
| )
|
| $
| 4,443
|
| Trademarks and Patent
|
| 2 to 8
| | |
| 196
| | |
| (166
| )
| |
| 29
| | |
| 196
| | |
| (117
| )
| |
| 79
|
| Dispensary Licenses
| |
| 14
| | |
| 10,270
| | |
| (2,751
| | |
| 7,519
| | |
| 10,270
| | |
| (1,985
| )
| |
| 8,285
|
| Management Service Agreement
| |
| 15
| | |
| 470
| | |
| (57
| )
| |
| 414
| | |
| 370
| | |
| (32
| )
| |
| 338
|
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
| Total Amortizing Intangible Assets
| | | | | |
| 19,008
| | |
| (8,808
| )
| |
| 10,200
| | |
| 18,908
| | |
| (5,763
| )
| |
| 13,146
|
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
| Non-Amortizing Intangible Assets:
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
| Trade Name
|
| Indefinite
| | |
| 5,070
| | |
| -
| | |
| 5,070
| | |
| 5,320
| | |
| -
| | |
| 5,320
|
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
| Total Non-Amortizing Intangible Assets
| | | | | |
| 5,070
| | |
| -
| | |
| 5,070
| | |
| 5,320
| | |
| -
| | |
| 5,320
|
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|
| Total Intangible Assets, Net
| | | | |
| $
| 24,078
| |
| $
| (8,808
| )
| |
| 15,270
| |
| $
| 24,228
| |
| $
| (5,763
| )
|
| $
| 18,466
|
|
| Schedule of changes in the carrying amount of goodwill |
| Goodwill
| | | |
| | |
|
| Balance at December 31,2017
|
| $
| 28,921
|
|
| Measurement Period Adjustment
| |
| 6,251
|
|
| Balance at December 31, 2018
| |
| 35,172
|
|
| Impairment
| |
| (7,450
| )
|
| Balance of December 31, 2019
|
| $
| 27,722
| |
|