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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following tables show an analysis of goodwill and other intangible assets, net of foreign currency translation adjustments, included in goodwill and other intangible assets on the Company’s consolidated balance sheets:
Goodwill and Other Intangible Assets
At December 31, 20232022
Goodwill, net$300,542 $210,894 
Other intangible assets, net474,810 26,934 
Total goodwill and other intangible assets$775,352 $237,828 
In addition, the Company has also recorded goodwill and other intangible assets included in investments in other ventures, under equity method on the Company’s consolidated balance sheets:
Goodwill and Other Intangible Assets Included in Investments in Other Ventures, Under Equity Method
At December 31, 20232022
Goodwill, net$10,808 $9,903 
Other intangible assets, net7,260 7,866 
Total goodwill and other intangible assets$18,068 $17,769 
Schedule of Goodwill and Other Intangible Assets Included In Equity Method Investments
The following table shows a roll forward of goodwill included in goodwill and other intangible assets and goodwill included in investments in other ventures, under equity method on the Company’s consolidated balance sheets:
Goodwill
Goodwill and Other Intangible AssetsGoodwill and Other Intangible Assets Included in Investments in Other Ventures, Under Equity Method
Balance at December 31, 2021, net
$210,920 $9,903 
Foreign currency translation(26)— 
Balance at December 31, 2022, net
210,894 9,903 
Acquired89,648 905 
Balance at December 31, 2023, net
$300,542 $10,808 
Schedule of Other Intangible Assets By Major Class
The gross carrying value, accumulated amortization and accumulated impairment losses by major category of other intangible assets included in goodwill and other intangible assets and investments in other ventures, under equity method on the Company’s consolidated balance sheets are shown below:
Other Intangible Assets
At December 31, 2023Gross 
Carrying  
Value
Accumulated
Amortization
Accumulated Impairment LossesNet
Customer relationships and customer lists$530,704 $(101,659)$(1,550)$427,495 
Licenses (1)
37,663 — (6,653)31,010 
Value of business acquired20,200 (20,200)— — 
Asset management contracts
20,000 (833)— 19,167 
Software12,230 (12,230)— — 
Patents and intellectual property4,500 (1,875)(2,625)— 
Covenants not-to-compete4,030 (4,030)— — 
Trademarks and trade names6,710 (2,312)— 4,398 
$636,037 $(143,139)$(10,828)$482,070 
(1)Licenses is comprised of $31.0 million of indefinite lived other intangible assets, included in other intangible assets, net, as of December 31, 2023
Other Intangible Assets
At December 31, 2022Gross 
Carrying  
Value
Accumulated
Amortization
Accumulated Impairment LossesNet
Customer relationships and customer lists$108,704 $(89,736)$(1,550)$17,418 
Licenses (1)
23,779 — (6,653)17,126 
Value of business acquired20,200 (20,200)— — 
Software12,230 (12,230)— — 
Patents and intellectual property4,500 (1,875)(2,625)— 
Covenants not-to-compete4,030 (4,030)— — 
Trademarks and trade names1,710 (1,454)— 256 
$175,153 $(129,525)$(10,828)$34,800 
(1)Licenses is comprised of $17.1 million of indefinite lived other intangible assets, included in other intangible assets, net, as of December 31, 2022
Schedule of Expected Amortization Expense Expected amortization of the other intangible assets, including other intangible assets recorded in investments in other ventures, under equity method, is shown below:
Other
Intangibles Assets
Other Intangible Assets Included in Investments in Other Ventures, Under Equity MethodTotal
2024$57,470 $194 $57,664 
202570,210 24 70,234 
202661,622 24 61,646 
202753,737 24 53,761 
202842,661 24 42,685 
2029 and thereafter164,960 110 165,070 
Total remaining amortization expense450,660 400 451,060 
Indefinite lived24,150 6,860 31,010 
Total$474,810 $7,260 $482,070