Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.21.2
Intangible Assets
9 Months Ended
Sep. 30, 2021
Solaris Midstream Holdings, LLC and Subsidiaries  
Intangible Assets  
Intangible Assets

6.Intangible Assets

All our intangible assets are subjected to amortization and are related to customer contracts acquired through acquisitions. The components of the intangible assets are as follows:

(in thousands)

    

September 30, 

    

December 31, 

2021

2020

Gross Value

$

365,032

$

365,032

Accumulated Amortization

(51,951)

(27,497)

Net Carrying Value

$

313,081

$

337,535

Substantially all the net carrying value of our intangible assets is attributable to contracts that expire in 2035. The table below shows the expected amortization of intangibles as of September 30, 2021:

(in thousands)

    

Amount

Remaining 2021

$

8,151

2022

36,735

2023

37,404

2024

36,888

2025

35,050

Thereafter

158,853