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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Note 4 – Goodwill and Intangible Assets Goodwill increased $85.3 million from December 31, 2018 to June 30, 2019 primarily due to our acquisition of Maxwell. Information regarding our acquired intangible assets including assets recognized from acquisition of Maxwell was as follows (in thousands):
|  | June 30, 2019 |  |  | December 31, 2018 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Other |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Other |  |  | Net Carrying Amount |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | $ | 254,526 |  |  | $ | (53,577 | ) |  | $ | 1,130 |  |  | $ | 202,079 |  |  | $ | 152,431 |  |  | $ | (40,705 | ) |  | $ | 1,205 |  |  | $ | 112,931 |
Trade names |  |  | 3,175 |  |  |  | (710 | ) |  |  | 160 |  |  |  | 2,625 |  |  |  | 45,275 |  |  |  | (44,056 | ) |  |  | 170 |  |  |  | 1,389 |
Favorable contracts and leases, net |  |  | 112,817 |  |  |  | (20,281 | ) |  |  | — |  |  |  | 92,536 |  |  |  | 112,817 |  |  |  | (16,409 | ) |  |  | — |  |  |  | 96,408 |
Other |  |  | 37,559 |  |  |  | (13,463 | ) |  |  | 689 |  |  |  | 24,785 |  |  |  | 35,559 |  |  |  | (11,540 | ) |  |  | 719 |  |  |  | 24,738 |
Total finite-lived intangible assets |  |  | 408,077 |  |  |  | (88,031 | ) |  |  | 1,979 |  |  |  | 322,025 |  |  |  | 346,082 |  |  |  | (112,710 | ) |  |  | 2,094 |  |  |  | 235,466 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gigafactory 1 water rights |  |  | 5,333 |  |  |  | — |  |  |  | — |  |  |  | 5,333 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
In-process research and development (“IPR&D”) |  |  | 60,290 |  |  |  | — |  |  |  | (60,290 | ) |  |  | — |  |  |  | 60,290 |  |  |  | — |  |  |  | (13,264 | ) |  |  | 47,026 |
Total indefinite-lived intangible assets |  |  | 65,623 |  |  |  | — |  |  |  | (60,290 | ) |  |  | 5,333 |  |  |  | 60,290 |  |  |  | — |  |  |  | (13,264 | ) |  |  | 47,026 |
Total intangible assets |  | $ | 473,700 |  |  | $ | (88,031 | ) |  | $ | (58,311 | ) |  | $ | 327,358 |  |  | $ | 406,372 |  |  | $ | (112,710 | ) |  | $ | (11,170 | ) |  | $ | 282,492 |
In April 2019, the Company determined to abandon further development efforts on the IPR&D and therefore impaired the remaining $47.0 million in the quarter ended June 30, 2019, in restructuring and other expenses. Total future amortization expense for intangible assets was estimated as follows (in thousands):
Six months ending December 31, 2019 |  | $ | 23,222 |
2020 |  |  | 44,550 |
2021 |  |  | 44,550 |
2022 |  |  | 44,550 |
2023 |  |  | 38,362 |
Thereafter |  |  | 126,791 |
Total |  | $ | 322,025 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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