GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2016



	Goodwill		Accumulated Impairment Loss			Net Goodwill
Balance at December 31, 2015	$	486,720	$	(483,088	)	$	3,632
Acquisition of CompareCards	$	52,450	—			$	52,450
Acquisition of SimpleTuition	$	375	—			$	375
Balance at December 31, 2016	$	539,545	$	(483,088	)	$	56,457

Schedule of balance of intangible assets, net

The balance of intangible assets, net is as follows (in thousands):



	December 31, 2016		December 31, 2015
Intangible assets with indefinite lives	$	10,142	$	10,142
Intangible assets with definite lives, net	61,542		850
Total intangible assets, net	$	71,684	$	10,992

Schedule of intangible assets with definite lives

Intangible assets with definite lives relate to the following (dollars in thousands):



	Weighted Average Amortization Life	Cost		Accumulated Amortization			Net
Technology	4.0 years	$	28,300	$	(659	)	$	27,641
Customer lists	11.7 years	28,100		(639		)	27,461
Trademarks and tradenames	4.5 years	5,342		(937		)	4,405
Tenant leases	3.2 years	2,030		—			2,030
Other	3.0 years	250		(245		)	5
Balance at December 31, 2016		$	64,022	$	(2,480	)	$	61,542



	Weighted Average Amortization Life	Cost		Accumulated Amortization			Net
Customer lists	10.0 years	$	1,000	$	(150	)	$	850
Other	2.2 years	1,087		(1,087		)	—
Balance at December 31, 2015		$	2,087	$	(1,237	)	$	850

Schedule of amortization of intangible assets with definite lives for the next five years

Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of December 31, 2016, future amortization is estimated to be as follows (in thousands):



	Amortization Expense
Year ending December 31, 2017	$	11,175
Year ending December 31, 2018	11,037
Year ending December 31, 2019	10,783
Year ending December 31, 2020	9,935
Year ending December 31, 2021	3,270
Thereafter	15,342
Total intangible assets with definite lives, net	$	61,542