GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Gross Carrying Amounts and Accumulated Amortization for Goodwill and Intangible Assets

The gross carrying amount and accumulated amortization for goodwill and intangible assets are as follows (in thousands):

	December 31,
	2019		2018
Indefinite life:
Goodwill	$	36,260	$	36,260
Total indefinite life	$	36,260	$	36,260
Amortizable:
Agent relationships	$	40,500	$	40,500
Trade name	15,500		15,500
Developed technology	6,600		6,600
Other intangibles	1,155		820
Accumulated amortization	(36,374)		(27,025)
Net amortizable intangible assets	$	27,381	$	36,395

Changes in Goodwill and Intangible Assets

The following table presents the changes in goodwill and intangible assets (in thousands):

Predecessor Company	Goodwill		Intangible Assets
Balance at December 31, 2016	$	—	$	6,348
Amortization expense	—		(231)
Balance at January 31, 2017	$	—	$	6,117
Successor Company	Goodwill		Intangible Assets
Balance at February 1, 2017	$	36,260	$	62,660
Acquisition of agent locations	—		640
Amortization expense	—		(14,559)
Balance at December 31, 2017	$	36,260	$	48,741
Acquisition of agent locations	—		120
Amortization expense	—		(12,466)
Balance at December 31, 2018	$	36,260	$	36,395
Acquisition of agent locations	—		335
Amortization expense	—		(9,349)
Balance at December 31, 2019	$	36,260	$	27,381

Amortization Expense Related to Intangible Assets

Amortization expense related to intangible assets for the next five years and thereafter is as follows (in thousands):

2020	$	6,951
2021	5,161
2022	3,997
2023	2,989
2024	2,270
Thereafter	6,013
	$	27,381