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GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
As a result of 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 September 30, 2023
$11,836 $12,540 $5,092 $55,731 $85,199 

The following table summarizes the acquired identifiable intangible assets:
Estimated Useful Lives (Years)September 30, 2023December 31, 2022
Gross Intangible Assets
Customer relationships
3 to 9
$57,949 $57,949 
Purchased technology
3 to 7
137,922 120,787 
Trademarks / Trade names
1 to 5
10,259 10,259 
$206,130 $188,995 
Accumulated Amortization
Customer relationships16,739 12,960 
Purchased technology61,598 30,959 
Trademarks / Trade names4,548 3,663 
$82,885 $47,582 
Intangible Assets, Net
Customer relationships41,210 44,989 
Purchased technology(A)
76,324 89,828 
Trademarks / Trade names(B)
5,711 6,596 
$123,245 $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 September 30, 2023:
Year EndingAmortization Expense
October 1 through December 31, 2023$7,566 
202427,675 
202525,592 
202617,357 
2027 and thereafter21,814 
$100,004