v3.25.2
Intangible Assets
6 Months Ended
Jun. 30, 2025
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, except years):
Weighted average useful lifeAs of June 30, 2025As of December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships2.3$10,400 $(5,547)$4,853 $10,400 $(4,507)$5,893 
Reacquired rights4.317,618 (6,711)10,907 17,618 (5,453)12,165 
Total intangible assets$28,018 $(12,258)$15,760 $28,018 $(9,960)$18,058 
Amortization expense of intangible assets was not material for the three and six months ended June 30, 2025 or 2024.
As of June 30, 2025, 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
Remainder of 2025$2,299 
20264,597 
20274,250 
20282,517 
20292,097 
Thereafter— 
Total$15,760