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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Assets Acquired And Liabilities Assumed | The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed at the Closing Date (in thousands):
Cash and cash equivalents | $ | 2,665 |
Prepaid expenses and other current assets | 34,845 |
Other investments | 22,175 |
Property and equipment | 2,202 |
Operating lease right-of-use assets | 786 |
Identifiable intangible assets | 45,047 |
Total identifiable assets acquired | 107,720 |
Accounts payable | 6,004 |
Accrued and other liabilities | 3,344 |
Operating lease liabilities — current | 292 |
Operating lease liabilities | 494 |
Other liabilities | 14,678 |
Total liabilities assumed | 24,812 |
Non-controlling interest (recorded to equity) | 140 |
Net assets assumed | 82,768 |
Goodwill | 80,748 |
Total acquisition consideration | $ | 163,516 |
The following table summarizes the fair value of the assets acquired and liabilities assumed at the Closing Date (in thousands):
Cash and cash equivalents | $ | 587 |
Prepaid expenses and other current assets | 276 |
Property and equipment | 111,881 |
Finance lease right-of-use assets | 56,014 |
Identifiable intangible assets - developed technology | 13,200 |
Total identifiable assets acquired | 181,958 |
Loans | 134,121 |
Finance lease & other liabilities | 57,265 |
Total liabilities assumed | 191,386 |
Net liabilities assumed | (9,428) |
Goodwill | 22,455 |
Total acquisition consideration | $ | 13,027 |
Schedule of Fair Value and Useful Lives of Identified Intangible Assets | The Company recorded intangible assets at their fair value, which consisted of the following (in thousands):
| Estimated useful life (in years) |  | Amount
Tradename | 2 |  | $ | 1,009 |
Customer relationships – cities | 7 - 11 |  | 22,157 |
Developed technology (hardware and software) | 2 - 3 |  | 21,881 |
Total intangible assets |  |  | $ | 45,047 |

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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