GOODWILL AND INTANGIBLE ASSETS (Note)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

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

	Goodwill		Accumulated Impairment Loss			Net Goodwill
Balance at December 31, 2018	$	831,435	$	(483,088	)	$	348,347
Acquisition of Ovation	20		—			20
Acquisition of QuoteWizard	138		—			138
Acquisition of ValuePenguin	71,430		—			71,430
Balance at September 30, 2019	$	903,023	$	(483,088	)	$	419,935

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

	September 30, 2019		December 31, 2018
Intangible assets with indefinite lives	$	10,142	$	10,142
Intangible assets with definite lives, net	185,195		195,557
Total intangible assets, net	$	195,337	$	205,699

Goodwill and Indefinite-Lived Intangible Assets

The Company's goodwill is associated with its one reportable segment. Intangible assets with indefinite lives relate to the Company's trademarks.

Intangible Assets with Definite Lives

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

	Cost		Accumulated Amortization			Net
Technology	$	116,600	$	(42,244	)	$	74,356
Customer lists	79,200		(12,825		)	66,375
Trademarks and tradenames	18,042		(6,364		)	11,678
Website content	51,000		(18,217		)	32,783
Other	161		(158		)	3
Balance at September 30, 2019	$	265,003	$	(79,808	)	$	185,195

	Cost		Accumulated Amortization			Net
Technology	$	112,400	$	(21,022	)	$	91,378
Customer lists	80,200		(7,746		)	72,454
Trademarks and tradenames	16,742		(3,730		)	13,012
Website content	24,900		(6,192		)	18,708
Other	256		(251		)	5
Balance at December 31, 2018	$	234,498	$	(38,941	)	$	195,557

See Note 6—Assets Held for Sale for tenant leases classified as held for sale during 2018, which were sold to an unrelated third party in the second quarter of 2019.

Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of September 30, 2019, future amortization is estimated to be as follows (in thousands):

	Amortization Expense
Remainder of current year	$	13,757
Year ending December 31, 2020	53,078
Year ending December 31, 2021	42,738
Year ending December 31, 2022	25,256
Year ending December 31, 2023	8,602
Thereafter	41,764
Total intangible assets with definite lives, net	$	185,195