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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS | The table below provides details of goodwill and intangible assets related to the Company's insurance segment:
|  | Goodwill |  | Intangible assets with an indefinite life |  | Intangible assets with a finite life |  | Total |
| Balance at December 31, 2016 |  |  |  |  |  |  |  |
| Gross amount | $ | 42,237 |  |  | $ | 26,036 |  |  | $ | 23,030 |  |  | $ | 91,303 |  |
| Accumulated amortization | n/a |  |  | n/a |  |  | (9,356 | ) |  | (9,356 | ) |
| Accumulated translation adjustment | 4,911 |  |  | — |  |  | — |  |  | 4,911 |  |
|  | 47,148 |  |  | 26,036 |  |  | 13,674 |  |  | 86,858 |  |
| Amortization | n/a |  |  | n/a |  |  | (1,809 | ) |  | (1,809 | ) |
| Balance at December 31, 2017 |  |  |  |  |  |  |  |
| Gross amount (1) | 42,237 |  |  | 26,036 |  |  | 23,030 |  |  | 91,303 |  |
| Accumulated amortization (1) | n/a |  |  | n/a |  |  | (11,165 | ) |  | (11,165 | ) |
| Accumulated translation adjustment | 4,911 |  |  | — |  |  | — |  |  | 4,911 |  |
|  | 47,148 |  |  | 26,036 |  |  | 11,865 |  |  | 85,049 |  |
| Acquired during the year | 54,855 |  |  | 94,748 |  |  | 387,545 |  |  | 537,148 |  |
| Amortization | n/a |  |  | n/a |  |  | (55,369 | ) |  | (55,369 | ) |
| Balance at December 31, 2018 |  |  |  |  |  |  |  |
| Gross amount | $ | 97,092 |  |  | $ | 120,784 |  |  | $ | 410,575 |  |  | $ | 628,451 |  |
| Accumulated amortization | n/a |  |  | n/a |  |  | (66,534 | ) |  | (66,534 | ) |
| Accumulated translation adjustment | 4,911 |  |  | — |  |  | — |  |  | 4,911 |  |
|  | 102,003 |  |  | 120,784 |  |  | 344,041 |  |  | 566,828 |  |
| Amortization | n/a |  |  | n/a |  |  | (184,043 | ) |  | (184,043 | ) |
| Impairment charge | — |  |  | — |  |  | (3,500 | ) |  | (3,500 | ) |
|  | $ | 102,003 |  |  | $ | 120,784 |  |  | $ | 156,498 |  |  | $ | 379,285 |  |
n/a – not applicable
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS | The tables below provide details of the gross amount and accumulated amortization by category of VOBA and intangible assets:
|  |  | VOBA and intangible assets |
| Balance At December 31, 2018 |  | Gross amount |  | Accumulated amortization and impairment |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (9,598 | ) |  | 102 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (4,999 | ) |  | 8,331 |  |
| VOBA - Aviabel |  | 2,140 |  |  | (2,140 | ) |  | — |  |
| VOBA - Novae |  | 256,942 |  |  | (221,228 | ) |  | 35,714 |  |
| Syndicate capacity |  | 94,748 |  |  | n/a |  |  | 94,748 |  |
| Coverholders |  | 63,565 |  |  | (6,622 | ) |  | 56,943 |  |
| Large brokers |  | 46,641 |  |  | (3,888 | ) |  | 42,753 |  |
| SME brokers |  | 14,126 |  |  | (1,471 | ) |  | 12,655 |  |
| MGA contract(1) |  | 4,131 |  |  | (4,131 | ) |  | — |  |
|  |  | $ | 531,359 |  |  | $ | (254,077 | ) |  | $ | 277,282 |  |
(1) | During the year ended December 31, 2018, an impairment charge of $3,500 was recognized related to the termination of the MGA contract intangible asset identified in connection with the acquisition of Novae.
|  |  | VOBA and Intangible assets |
| Balance At December 31, 2017 |  | Gross amount |  | Accumulated amortization |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (9,244 | ) |  | 456 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (3,666 | ) |  | 9,664 |  |
| VOBA - Aviabel |  | 2,140 |  |  | (977 | ) |  | 1,163 |  |
| VOBA - Novae |  | 256,942 |  |  | (50,104 | ) |  | 206,838 |  |
| Syndicate capacity |  | 94,748 |  |  | n/a |  |  | 94,748 |  |
| Coverholders |  | 63,565 |  |  | (1,324 | ) |  | 62,241 |  |
| Large brokers |  | 46,641 |  |  | (777 | ) |  | 45,864 |  |
| SME brokers |  | 14,126 |  |  | (294 | ) |  | 13,832 |  |
| MGA contract |  | 4,131 |  |  | (148 | ) |  | 3,983 |  |
|  |  | $ | 531,359 |  |  | $ | (66,534 | ) |  | $ | 464,825 |  |
SCHEDULE OF INDEFINITE-LIVED INTANGIBLE ASSETS | The tables below provide details of the gross amount and accumulated amortization by category of VOBA and intangible assets:
|  |  | VOBA and intangible assets |
| Balance At December 31, 2018 |  | Gross amount |  | Accumulated amortization and impairment |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (9,598 | ) |  | 102 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (4,999 | ) |  | 8,331 |  |
| VOBA - Aviabel |  | 2,140 |  |  | (2,140 | ) |  | — |  |
| VOBA - Novae |  | 256,942 |  |  | (221,228 | ) |  | 35,714 |  |
| Syndicate capacity |  | 94,748 |  |  | n/a |  |  | 94,748 |  |
| Coverholders |  | 63,565 |  |  | (6,622 | ) |  | 56,943 |  |
| Large brokers |  | 46,641 |  |  | (3,888 | ) |  | 42,753 |  |
| SME brokers |  | 14,126 |  |  | (1,471 | ) |  | 12,655 |  |
| MGA contract(1) |  | 4,131 |  |  | (4,131 | ) |  | — |  |
|  |  | $ | 531,359 |  |  | $ | (254,077 | ) |  | $ | 277,282 |  |
(1) | During the year ended December 31, 2018, an impairment charge of $3,500 was recognized related to the termination of the MGA contract intangible asset identified in connection with the acquisition of Novae.
|  |  | VOBA and Intangible assets |
| Balance At December 31, 2017 |  | Gross amount |  | Accumulated amortization |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (9,244 | ) |  | 456 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (3,666 | ) |  | 9,664 |  |
| VOBA - Aviabel |  | 2,140 |  |  | (977 | ) |  | 1,163 |  |
| VOBA - Novae |  | 256,942 |  |  | (50,104 | ) |  | 206,838 |  |
| Syndicate capacity |  | 94,748 |  |  | n/a |  |  | 94,748 |  |
| Coverholders |  | 63,565 |  |  | (1,324 | ) |  | 62,241 |  |
| Large brokers |  | 46,641 |  |  | (777 | ) |  | 45,864 |  |
| SME brokers |  | 14,126 |  |  | (294 | ) |  | 13,832 |  |
| MGA contract |  | 4,131 |  |  | (148 | ) |  | 3,983 |  |
|  |  | $ | 531,359 |  |  | $ | (66,534 | ) |  | $ | 464,825 |  |
FUTURE AMORTIZATION EXPENSE | The table below provides details of estimated amortization expense of VOBA and intangible assets with a finite life:
|  |  | VOBA |  | Intangible assets |  | Total |
| 2019 |  | 26,722 |  |  | 11,017 |  |  | 37,739 |  |
| 2020 |  | 5,139 |  |  | 10,916 |  |  | 16,055 |  |
| 2021 |  | 3,853 |  |  | 10,916 |  |  | 14,769 |  |
| 2022 |  | — |  |  | 10,916 |  |  | 10,916 |  |
| 2023 |  | — |  |  | 10,916 |  |  | 10,916 |  |
| 2024 and thereafter |  | — |  |  | 66,103 |  |  | 66,103 |  |
| Total remaining amortization expense |  | 35,714 |  |  | 120,784 |  |  | 156,498 |  |
| Indefinite lived intangible assets |  | — |  |  | 120,784 |  |  | 120,784 |  |
| Total intangible assets |  | $ | 35,714 |  |  | $ | 241,568 |  |  | $ | 277,282 |  |

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