Intangible Assets, net
|6 Months Ended|
Jun. 30, 2020
|Goodwill and Intangible Assets Disclosure [Abstract]|
|Intangible Assets, net||Intangible Assets, net
As a result of historical business combinations, the Company acquired finite-lived intangible assets that are primarily amortized on a straight-line basis, which approximate their expected cash flow patterns. The Company’s finite-lived intangible assets have been assigned useful lives ranging from 2.0 to 10.0 years (weighted average of 7.5 years).
Intangible assets, net consisted of the following (dollars in thousands):
We expect to record amortization of intangible assets as follows (in thousands):
We recorded amortization expense of $6.2 million and $7.8 million for the three months ended June 30, 2020 and 2019, respectively, and $12.4 million and $15.6 million for the six months ended June 30, 2020 and 2019, respectively.
The entire disclosure for all or part of the information related to intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef