Acquired Intangible Assets and Goodwill

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Acquired Intangible Assets and Goodwill

Acquired Intangible Assets and Goodwill

Acquired Intangible Assets—The following table presents the gross carrying amount and accumulated amortization of intangible assets:

		September 30, 2023						December 31, 2022
	Weighted-Average Useful Lives (Years)	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Trade names	9.3	$	82,690	$	(21,931)	$	60,759	$	82,690	$	(14,856)	$	67,834
Developed technology	3.3	66,340		(54,529)		11,811		66,340		(38,465)		27,875
Customer relationships	10	81,360		(20,899)		60,461		81,360		(14,797)		66,563
Total		$	230,390	$	(97,359)	$	133,031	$	230,390	$	(68,118)	$	162,272

Amortization expense amounted to $9,747 and $9,747 for the three months ended September 30, 2023 and 2022, respectively, and $29,241 and $28,420 for the nine months ended September 30, 2023 and 2022, respectively.

The following table presents our estimate of remaining amortization expense for intangible assets that existed as of September 30, 2023:

2023, excluding the nine months ended September 30, 2023	$	9,747
2024	23,741
2025	17,618
2026	17,380
2027	15,633
Thereafter	48,912
Estimated remaining amortization expense	$	133,031

Goodwill—The following table presents the carrying amount of goodwill by reportable segment:

	Real Estate Services		Rentals		Mortgage		Total
Balance as of September 30, 2023 and December 31, 2022	$	250,231	$	159,151	$	51,967	$	461,349