INTANGIBLE ASSETS (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
|---|
| INTANGIBLE ASSETS |
|
| Schedule of intangible assets with indefinite lives |
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
Qwest:
|
|
|
|
|
|
|
|
FAA Certifications
|
|
$
|
724,000
|
|
$
|
724,000
|
|
Goodwill
|
|
|
13,416,000
|
|
|
13,416,000
|
|
ACS:
|
|
|
|
|
|
|
|
FAA Certifications
|
|
|
710,000
|
|
|
710,000
|
|
Goodwill
|
|
|
379,000
|
|
|
379,000
|
|
Avborne:
|
|
|
|
|
|
|
|
Trademarks
|
|
|
600,000
|
|
|
600,000
|
|
FAA certificates
|
|
|
7,300,000
|
|
|
7,300,000
|
|
Goodwill
|
|
|
63,000
|
|
|
63,000
|
|
ACT:
|
|
|
|
|
|
|
|
Trademarks
|
|
|
200,000
|
|
|
—
|
|
FAA Certificates
|
|
|
796,000
|
|
|
—
|
|
Goodwill
|
|
|
6,002,000
|
|
|
—
|
|
Total intangible assets with indefinite lives
|
|
$
|
30,190,000
|
|
$
|
23,192,000
|
|
| Schedule of intangible assets with definite lives |
|
|
|
|
|
|
|
|
|
|
|
|
|
Useful Life
|
|
|
|
|
|
In Years
|
|
2020
|
|
2019
|
|
Qwest:
|
|
|
|
|
|
|
|
|
|
Customer relationships
|
|
10
|
|
$
|
8,083,000
|
|
$
|
9,058,000
|
|
ACS:
|
|
|
|
|
|
|
|
|
|
Customer relationships
|
|
10
|
|
|
90,000
|
|
|
110,000
|
|
Avborne:
|
|
|
|
|
|
|
|
|
|
Customer relationships
|
|
10
|
|
|
1,663,000
|
|
|
1,873,000
|
|
ACT:
|
|
|
|
|
|
|
|
|
|
Customer relationships
|
|
10
|
|
|
8,198,000
|
|
|
—
|
|
Total intangible assets with definite lives
|
|
|
|
$
|
18,034,000
|
|
$
|
11,041,000
|
|
| Schedule of amortization expense on finite lived intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31,
|
|
|
|
2020
|
|
2019
|
|
2018
|
|
Amortization expense
|
|
$
|
2,108,000
|
|
$
|
789,000
|
|
$
|
97,000
|
|
| Schedule of goodwill activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset
|
|
|
|
|
|
|
|
|
|
Management
|
|
|
|
|
|
|
|
|
|
Solutions
|
|
TechOps
|
|
Total
|
|
Goodwill as of December 31, 2018
|
|
$
|
—
|
|
$
|
442,000
|
|
$
|
442,000
|
|
Additions
|
|
|
13,416,000
|
|
|
—
|
|
|
13,416,000
|
|
Goodwill as of December 31, 2019
|
|
$
|
13,416,000
|
|
$
|
442,000
|
|
$
|
13,858,000
|
|
Additions
|
|
|
—
|
|
|
6,002,000
|
|
|
6,002,000
|
|
Goodwill as of December 31, 2020
|
|
$
|
13,416,000
|
|
$
|
6,444,000
|
|
$
|
19,860,000
|
|