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Acquisitions (Tables)

12 Months Ended

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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- References

No definition available.

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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

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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

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