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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following is a summary of intangible assets excluding goodwill recorded as other assets on our Consolidated Balance Sheets at:
 
 
December 31, 2019
 
December 31, 2018
Intangible assets subject to amortization
 
$
22,440

 
$
27,795

Indefinite-lived intangible assets(1)
 
3,639

 
3,556

Total
 
$
26,079

 
$
31,351

(1) Indefinite-lived intangible assets are comprised of state insurance and agent licenses, as well as perpetual software licenses.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense of our intangible assets to be recognized by the Company over the next five years is as follows:
Year ending December 31,
 
Estimated Amortization Expense
2020
 
$
4,267

2021
 
3,555

2022
 
3,246

2023
 
3,246

2024
 
2,640

Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Intangible assets subject to amortization consisted of the following:
 
 
Weighted-average remaining amortization period (in years)
 
Gross carrying amount
 
Accumulated amortization
 
Net carrying amount
2019
 
 
 
 
 
 
 
 
Amortizing intangible assets
 
 
 
 
 
 
 
 
Value of Business Acquired
 
 
$
42,788

 
$
(42,788
)
 
$

Agency agreements acquired
 
6.8
 
34,661

 
(15,658
)
 
19,003

Trade names acquired
 
4.3
 
6,381

 
(2,944
)
 
3,437

Total
 
 
 
$
83,830

 
$
(61,390
)
 
$
22,440

2018
 
 
 
 
 
 
 
 
Amortizing intangible assets
 
 
 
 
 
 
 
 
Value of Business Acquired
 
 
$
42,788

 
$
(42,788
)
 
$

Agency agreements acquired
 
7.3
 
34,661

 
(11,164
)
 
23,497

Trade names acquired
 
5.2
 
6,381

 
(2,083
)
 
4,298

Total
 
 
 
$
83,830

 
$
(56,035
)
 
$
27,795