GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2022

GOODWILL AND OTHER INTANGIBLE ASSETS

Schedule of Goodwill

	For the nine months ended
	September 30,
Roll Forward of Goodwill (in thousands)	2022		2021
Beginning balance	$	698,635	$	248,958
Additions from acquisitions		222,670		84,291
Measurement-period adjustments		26,859		—
Impairment		—		—
Ending balance	$	948,164	$	333,249

	As of
Goodwill by Reportable Segment (in thousands)	September 30, 2022
Capital Markets	$	451,345
Servicing & Asset Management		496,819
Corporate		—
Ending balance	$	948,164

Schedule of Activity Related to Other Intangible Assets

	For the nine months ended
	September 30,
Roll Forward of Other Intangible Assets (in thousands)	2022		2021
Beginning balance	$	183,904	$	1,880
Additions from acquisitions		31,000		8,719
Amortization		(12,070)		(2,145)
Ending balance	$	202,834	$	8,454

Summary of Components of Net Carrying Value of Other Intangible Assets

Components of Other Intangible Assets (in thousands)	September 30, 2022		December 31, 2021
Gross value	$	220,682	$	189,682
Accumulated amortization		(17,848)		(5,778)
Net carrying value	$	202,834	$	183,904

Schedule of Expected Amortization of Other Intangible Assets

	Expected
(in thousands)	Amortization
Three Months Ending December 31,
2022	$	4,190
Year Ending December 31,
2023	$	17,263
2024		16,206
2025		16,206
2026		16,206
2027		16,206
Thereafter		116,557
Total	$	202,834

Schedule of Contingent Liability

	For the nine months ended
	September 30,
Roll Forward of Contingent Consideration Liabilities (in thousands)	2022		2021
Beginning balance	$	125,809	$	28,829
Additions		119,955		7,504
Accretion and revaluation		3,767		1,405
Payments		(28,547)		(6,080)
Ending balance	$	220,984	$	31,658