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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of Goodwill

For the six months ended

June 30, 

Roll Forward of Goodwill (in thousands)

    

2022

    

2021

 

Beginning balance

$

698,635

$

248,958

Additions from acquisitions

 

213,874

 

17,507

Measurement-period adjustments

25,372

Impairment

 

 

Ending balance

$

937,881

$

266,465

Goodwill by Reportable Segment (in thousands)

As of June 30, 2022

Capital Markets

$

448,048

Servicing & Asset Management

489,833

Corporate

Ending balance

$

937,881

Schedule of Activity Related to Other Intangible Assets

For the six months ended

June 30, 

Roll Forward of Other Intangible Assets (in thousands)

    

2022

    

2021

Beginning balance

$

183,904

$

1,880

Additions from acquisitions

 

31,000

 

504

Amortization

 

(7,880)

 

(831)

Ending balance

$

207,024

$

1,553

Summary of Components of Net Carrying Value of Other Intangible Assets

Components of Other Intangible Assets (in thousands)

June 30, 2022

December 31, 2021

Gross value

$

220,682

$

189,682

Accumulated amortization

 

(13,658)

 

(5,778)

Net carrying value

$

207,024

$

183,904

Schedule of Expected Amortization of Other Intangible Assets

  

Expected

(in thousands)

  Amortization  

Six Months Ending December 31, 

2022

$

8,870

Year Ending December 31, 

2023

$

17,303

2024

 

16,246

2025

 

16,206

2026

 

16,206

2027

 

16,206

Thereafter

115,987

Total

$

207,024

Schedule of Contingent Liability

For the six months ended

June 30, 

Roll Forward of Contingent Consideration Liabilities (in thousands)

    

2022

    

2021

Beginning balance

$

125,808

$

28,829

Additions

117,000

7,504

Accretion and revaluation

1,823

906

Payments

(26,439)

Ending balance

$

218,192

$

37,239