Annual report pursuant to Section 13 and 15(d)

INTANGIBLES, NET OF ACCUMULATED AMORTIZATION

v3.20.4
INTANGIBLES, NET OF ACCUMULATED AMORTIZATION
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLES, NET OF ACCUMULATED AMORTIZATION INTANGIBLES, NET OF ACCUMULATED AMORTIZATION
The following table summarizes the Company's intangible assets:
December 31, 2020 December 31, 2019
Gross Carrying Amount Accumulated Amortization Net Carrying Value Gross Carrying Amount Accumulated Amortization Net Carrying Value
Trade name
 $ 700  $ (163) $ 537  $ 700  $ (140) $ 560 
Management contracts
 31,043  (18,427) 12,616  32,331  (17,342) 14,989 
Internally-developed software
 314  (79) 235  252  (27) 225 
Membership base
 5,944  (5,236) 708  5,236  (4,488) 748 
Nonamortizable liquor licenses
 1,028  —  1,028  1,043  —  1,043 
Total intangibles
 $ 39,029  $ (23,905) $ 15,124  $ 39,562  $ (21,997) $ 17,565 

Amortization expense for the years ended December 31, 2020, 2019, and 2018 was $2.7 million, $3.4 million and $8.0 million, respectively.
The unamortized balance of intangible assets at December 31, 2020 is expected to be amortized as follows:
2021 $ 1,756 
2022 1,562 
2023 1,556 
2024 1,167 
2025 1,042 
Thereafter 7,013 
Total amortizable intangible assets 14,096 
Nonamortizable liquor and other licenses 1,028 
Total intangible assets $ 15,124