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Intangible Assets, Net
6 Months Ended
Jun. 30, 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 June 30, 2020 and December 31, 2019:
 
June 30, 2020
(in thousands)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Trademarks and domain names
$
35,615

 
$
(19,248
)
 
$
16,367

Customer relationships
15,251

 
(11,249
)
 
4,002

Software
19,563

 
(14,985
)
 
4,578

Total intangible assets, net
$
70,429

 
$
(45,482
)
 
$
24,947

 
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 $2.8 million for the three months ended June 30, 2020 and 2019, respectively, and $4.4 million and $5.3 million for the six months ended June 30, 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 June 30, 2020:
(in thousands)
 
Amortization
Years Ending December 31,
 
Expense
Remaining in 2020
 
$
4,191

2021
 
7,089

2022
 
4,148

2023
 
2,748

2024
 
2,182

Thereafter
 
4,589

Total amortization expense
 
$
24,947