XML 30 R12.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Intangible Assets and Goodwill | 12 Months Ended
--- | ---
Dec. 31, 2019
Intangible Assets and Goodwill |
Intangible Assets and Goodwill | 4. Intangible Assets and Goodwill Intangible assets and goodwill relate to the allocation of purchase price associated with the Refinitiv Transaction (see Note 3 – Pushdown Accounting). The following is a summary of intangible assets which have an indefinite useful life at both December 31, 2019 and 2018 (in thousands):
|  | Amount
Licenses |  | $ | 168,800
Tradename |  |  | 154,300
Total |  | $ | 323,100
Intangible assets that are subject to amortization, including the related accumulated amortization, are comprised as follows (in thousands):
|  |  |  | Successor |  | Successor
|  |  |  | December 31, 2019 |  | December 31, 2018
|  | Amortization |  |  |  |  | Accumulated |  | Net Carrying |  |  |  |  | Accumulated |  | Net Carrying
|  | Period |  | Cost |  | Amortization |  | Amount |  | Cost |  | Amortization |  | Amount
Customer relationships |  | 12 Years |  | $ | 928,200 |  | $ | (96,687) |  | $ | 831,513 |  | $ | 928,200 |  | $ | (19,338) |  | $ | 908,862
Content and data |  | 7 Years |  |  | 154,400 |  |  | (27,572) |  |  | 126,828 |  |  | 154,400 |  |  | (5,514) |  |  | 148,886
|  |  |  | $ | 1,082,600 |  | $ | (124,259) |  | $ | 958,341 |  | $ | 1,082,600 |  | $ | (24,852) |  | $ | 1,057,748
Amortization expense relating to intangible assets was $99.4 million year ended December 31, 2019. Amortization expense relating to intangible assets for the 2018 Successor Period and the 2018 Predecessor Period was $24.9 million and $19.6 million, respectively. The estimated annual future amortization for existing intangible assets through December 31, 2024 is as follows (in thousands):
|  | Amount
2020 |  | $ | 99,408
2021 |  | $ | 99,408
2022 |  | $ | 99,408
2023 |  | $ | 99,408
2024 |  | $ | 99,408

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration