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Intangible Assets, Net
 3 Months Ended
Mar. 31, 2020
Intangible Assets [Abstract]  
Intangible Assets, Net Intangible Assets, Net

The following table sets forth the composition of the Company’s intangible assets, net as of March 31, 2020 and December 31, 2019:
 
March 31, 2020
(in thousands)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Trademarks and domain names
$
35,381

 
$
(18,266
)
 
$
17,115

Customer relationships
15,183

 
(10,621
)
 
4,562

Software
19,537

 
(14,269
)
 
5,268

Total intangible assets, net
$
70,101

 
$
(43,156
)
 
$
26,945

 
December 31, 2019
(in thousands)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Trademarks and domain names
$
35,602

 
$
(17,423
)
 
$
18,179

Customer relationships
15,248

 
(10,081
)
 
5,167

Software
19,561

 
(13,602
)
 
5,959

Total intangible assets, net
$
70,411

 
$
(41,106
)
 
$
29,305



Amortization expense was $2.2 million and $2.6 million for the three months ended March 31, 2020 and 2019, respectively.

The following table sets forth the Company’s annual future amortization expense on intangible assets for the next five years and thereafter as of March 31, 2020:
(in thousands)
 
Amortization
Years Ending December 31,
 
Expense
Remaining in 2020
 
$
6,349

2021
 
7,058

2022
 
4,120

2023
 
2,723

2024
 
2,160

Thereafter
 
4,535

Total amortization expense
 
$
26,945