Goodwill and Intangibles (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in goodwill for the three months ended March 31, 2022 are as follows:

Balance at December 31, 2021	$	418,701
Purchase price adjustment		(11	)
Increase from acquisitions		-
Balance at March 31, 2022	$	418,690

Schedule of Intangible Assets

Intangibles consists of the following:

	As of March 31, 2022
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Indefinite-lived intangible assets:
Trade names	$	17,350	$	—		$	17,350
Technology		30		—			30
Total indefinite-lived intangible assets		17,380		—			17,380
Finite-lived intangible assets:
Trade names		21,440		(2,187	)		19,253
Management and advisory contracts		151,166		(66,575	)		84,591
Technology		8,195		(6,777	)		1,418
Total finite-lived intangible assets		180,801		(75,539	)		105,262
Total intangible assets	$	198,181	$	(75,539	)	$	122,642

	As of December 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Indefinite-lived intangible assets:
Trade names	$	17,350	$	—		$	17,350
Technology		30		—			30
Total indefinite-lived intangible assets		17,380		—			17,380
Finite-lived intangible assets:
Trade names		21,440		(1,785	)		19,655
Management and advisory contracts		151,166		(60,934	)		90,232
Technology		8,160		(6,639	)		1,521
Total finite-lived intangible assets		180,766		(69,358	)		111,408
Total intangible assets	$	198,146	$	(69,358	)	$	128,788

Estimated Future Amortization Expense

The amortization expense for each of the next five years and thereafter are as follows:

Remainder of 2022	$	18,479
2023		21,155
2024		17,590
2025		13,807
2026		10,878
Thereafter		23,353
Total amortization	$	105,262