Goodwill, Net

A reconciliation of the changes in the carrying amount of goodwill and accumulated impairment losses, by operating segment and reporting unit, for the six months ended June 30, 2017, is as follows:



(in thousands)	PI			RMW			Consolidated
Balance as of January 1, 2017
Goodwill	$	1,189,388		$	925,392		$	2,114,780
Accumulated impairment losses	(600		)	(6,925		)	(7,525		)
Goodwill, net	1,188,788			918,467			2,107,255
Acquisitions	(5,681		)	—			(5,681		)
Translation adjustments	11,118			—			11,118
Balance as of June 30, 2017
Goodwill, net	$	1,194,225		$	918,467		$	2,112,692

For the six months ended June 30, 2017, we recorded an adjustment of $5.4 million to goodwill within our Property Intelligence ("PI") reporting unit related to the finalization of our FNC, Inc. ("FNC") acquisition purchase price allocation. See Note 11 - Acquisitions for additional information. Additionally, we recorded an adjustment of $0.2 million to goodwill within our PI reporting unit related to another acquisition that was not significant.