Intangible Assets, Net

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Intangible Assets, Net

Intangible assets, net are summarized as follows:

	March 31, 2018			December 31, 2017
($ in thousands)
Definite-lived intangible assets:
Investment contracts	$	425,747		$	425,747
Accumulated amortization	(172,345		)	(167,309		)
Definite-lived intangible assets, net	253,402			258,438
Indefinite-lived intangible assets	43,516			43,516
Total intangible assets, net	$	296,918		$	301,954

Activity in intangible assets, net is as follows:

	Three Months Ended March 31,
	2018			2017
($ in thousands)
Intangible assets, net
Balance, beginning of period	$	301,954		$	38,427
Amortization	(5,036		)	(233		)
Balance, end of period	$	296,918		$	38,194

Estimated amortization expense of intangible assets for the remainder of fiscal year 2018 and succeeding fiscal years is as follows:

($ in thousands)
Fiscal Year	Amount
2018	$	15,073
2019	20,043
2020	19,878
2021	19,867
2022	19,742
2023 and thereafter	158,799
	$	253,402