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Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Intangible Assets, Net |
7. | Intangible Assets, Net
The following is a summary of intangible assets, net:
|  | As of December 31, 2018 |
|  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |
|  | RMB in thousands |
Licensed copyrights of content |  |  | 1,997,175 |  |  |  | (921,565 | ) |  |  | 1,075,610 |
License rights of mobile games |  |  | 18,098 |  |  |  | (15,163 | ) |  |  | 2,935 |
Intellectual property and others |  |  | 412,202 |  |  |  | (71,312 | ) |  |  | 340,890 |
Total |  |  | 2,427,475 |  |  |  | (1,008,040 | ) |  |  | 1,419,435 |
|  | As of December 31, 2019 |
|  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |
|  | RMB in thousands |
Licensed copyrights of content |  |  | 3,072,959 |  |  |  | (1,736,608 | ) |  |  | 1,336,351 |
License rights of mobile games |  |  | 71,703 |  |  |  | (35,863 | ) |  |  | 35,840 |
Intellectual property and others |  |  | 434,089 |  |  |  | (148,947 | ) |  |  | 285,142 |
Total |  |  | 3,578,751 |  |  |  | (1,921,418 | ) |  |  | 1,657,333 |
|  | As of December 31, 2020 |
|  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |
|  | RMB in thousands |
Licensed copyrights of content |  |  | 4,556,683 |  |  |  | (2,891,742 | ) |  |  | 1,664,941 |
License rights of mobile games |  |  | 299,786 |  |  |  | (119,493 | ) |  |  | 180,293 |
Intellectual property and others |  |  | 753,282 |  |  |  | (241,557 | ) |  |  | 511,725 |
Total |  |  | 5,609,751 |  |  |  | (3,252,792 | ) |  |  | 2,356,959 |
Amortization expenses were RMB542.7 million, RMB905.6 million, and RMB1,395.1 million for the years ended December 31, 2018, 2019 and 2020, respectively. The Group had performed impairment assessment of intangible assets and considered the relevant events and circumstances that might indicate potential impairment and concluded that there was no impairment indicator . No impairment charge was recognized for any of the periods presented. As of December 31, 2020, the licensed copyrights of content have weighted-average useful lives of 3.7 years. The intangible assets amortization expense for future years is expected to be as follows:
|  | Intangible assets amortization expense |
|  | RMB in thousands |
2021 |  |  | 843,542 |
2022 |  |  | 575,491 |
2023 |  |  | 340,301 |
2024 |  |  | 205,238 |
2025 |  |  | 134,128 |
Thereafter |  |  | 258,259 |
Total expected amortization expense |  |  | 2,356,959 |

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- Definition The entire disclosure for all or part of the information related to 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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