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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
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, 20242023
Goodwill, net$300,507 $300,542 
Other intangible assets, net403,625 474,810 
Total goodwill and other intangible assets$704,132 $775,352 
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, 20242023
Goodwill, net$8,724 $10,808 
Other intangible assets, net207 7,260 
Total goodwill and other intangible assets$8,931 $18,068 
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, 2022, net
$210,894 $9,903 
Acquired89,648 905 
Balance at December 31, 2023, net
300,542 10,808 
Adjustments
— (2,084)
Foreign currency translation(35)— 
Balance at December 31, 2024, net
$300,507 $8,724 
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, 2024Gross 
Carrying  
Value
Accumulated
Amortization
Accumulated Impairment LossesNet
Customer relationships and customer lists$530,528 $(150,051)$(1,403)$379,074 
Licenses (1)
30,951 — (20,567)10,384 
Value of business acquired20,200 (20,200)— — 
Asset management contracts
20,000 (5,833)— 14,167 
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 (6,503)— 207 
$629,149 $(200,722)$(24,595)$403,832 
(1)Licenses is comprised of $10.4 million of indefinite lived other intangible assets, included in other intangible assets, net, as of December 31, 2024
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
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
2025$70,210 $24 $70,234 
202661,622 24 61,646 
202753,737 24 53,761 
202842,661 24 42,685 
202934,495 24 34,519 
2030 and thereafter130,516 87 130,603 
Total remaining amortization expense393,241 207 393,448 
Indefinite lived10,384 — 10,384 
Total$403,625 $207 $403,832