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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
As a result of the various acquisitions, Rithm Capital identified intangible assets in the form of licenses, customer relationships, business relationships and trade names.

The following table summarizes the carrying value of goodwill by reportable segment:
OriginationServicingMSR
Related Investments		Mortgage Loans ReceivableTotal
Balance at December 31, 2022$11,836 $12,540 $5,092 $55,731 $85,199 
Goodwill acquired— — — — 
Accumulated impairment loss— — — — — 
Balance at March 31, 2023
$11,836 $12,540 $5,092 $55,731 $85,199 

The following table summarizes the acquired identifiable intangible assets:
Estimated Useful Lives (Years)March 31, 2023December 31, 2022
Gross Intangible Assets
Customer relationships
3 to 9
$57,949 $57,949 
Purchased technology
3 to 7
127,938 120,787 
Trademarks / Trade names
1 to 5
10,259 10,259 
196,146 188,995 
Accumulated Amortization
Customer relationships14,550 12,960 
Purchased technology38,625 30,959 
Trademarks / Trade names3,958 3,663 
57,133 47,582 
Intangible Assets, Net
Customer relationships43,399 44,989 
Purchased technology(A)
89,313 89,828 
Trademarks / Trade names(B)
6,301 6,596 
$139,013 $141,413 
(A)Includes indefinite-lived intangible assets of $21.4 million and $21.4 million, respectively.
(B)Includes indefinite-lived intangible assets of $1.9 million and $1.9 million, respectively.
The following table summarizes the expected future amortization expense for acquired intangible assets as of March 31, 2023:
Year EndingAmortization Expense
April 1 through December 31, 2023$23,819 
202426,348 
202524,134 
202617,857 
202723,614 
$115,772