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Goodwill and Other Intangible Assets | 9 Months Ended
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Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill The table below summarizes the changes in the carrying amount of goodwill by reportable segment:
| Corporate Finance & Restructuring |  | FLC |  | Economic Consulting |  | Technology |  | Strategic Communications |  | Total
Balance at December 31, 2019 |  |  |  |  |  |  |  |  |  |  |
Goodwill | $ | 478,842 |  |  | $ | 232,120 |  |  | $ | 268,677 |  |  | $ | 96,770 |  |  | $ | 320,497 |  |  | $ | 1,396,906 |
Accumulated goodwill impairment | — |  |  | — |  |  | — |  |  | — |  |  | (194,139) |  |  | (194,139) |
Goodwill, net at December 31, 2019 | 478,842 |  |  | 232,120 |  |  | 268,677 |  |  | 96,770 |  |  | 126,358 |  |  | 1,202,767 |
Acquisitions | 20,532 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 20,532 |
Foreign currency translation adjustment and other | 2,300 |  |  | (600) |  |  | (7) |  |  | (29) |  |  | (1,199) |  |  | 465 |
Balance at September 30, 2020 |  |  |  |  |  |  |  |  |  |  |
Goodwill | 501,674 |  |  | 231,520 |  |  | 268,670 |  |  | 96,741 |  |  | 319,298 |  |  | 1,417,903 |
Accumulated goodwill impairment | — |  |  | — |  |  | — |  |  | — |  |  | (194,139) |  |  | (194,139) |
Goodwill, net at September 30, 2020 | $ | 501,674 |  |  | $ | 231,520 |  |  | $ | 268,670 |  |  | $ | 96,741 |  |  | $ | 125,159 |  |  | $ | 1,223,764 |
During the three months ended September 30, 2020, we acquired a strategy consulting and investment banking business that was assigned to the Corporate Finance & Restructuring ("Corporate Finance") segment. We recorded $20.5 million in goodwill based on a preliminary purchase price allocation as a result of the acquisition. We have included the results of the acquired business’s operations in the Corporate Finance segment since its acquisition date. Other Intangible Assets Other intangible assets were as follows:
|  | September 30, 2020 |  | December 31, 2019
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships (1) |  | $ | 110,502 |  |  | $ | 82,343 |  |  | $ | 28,159 |  |  | $ | 99,613 |  |  | $ | 76,808 |  |  | $ | 22,805 |
Trademarks (1) |  | 11,401 |  |  | 2,108 |  |  | 9,293 |  |  | 9,855 |  |  | 653 |  |  | 9,202 |
Acquired software and other |  | 3,537 |  |  | 2,437 |  |  | 1,100 |  |  | 3,386 |  |  | 2,061 |  |  | 1,325 |
|  | 125,440 |  |  | 86,888 |  |  | 38,552 |  |  | 112,854 |  |  | 79,522 |  |  | 33,332 |
Non-amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | 5,100 |  |  | — |  |  | 5,100 |  |  | 5,100 |  |  | — |  |  | 5,100 |
Total |  | $ | 130,540 |  |  | $ | 86,888 |  |  | $ | 43,652 |  |  | $ | 117,954 |  |  | $ | 79,522 |  |  | $ | 38,432 |
(1) During the three months ended September 30, 2020, we acquired a strategy consulting and investment banking business, and its related intangible assets were assigned to the Corporate Finance segment. Other intangible assets with finite lives are amortized over their estimated useful lives. We recorded amortization expense of $2.8 million and $7.4 million for the three and nine months ended September 30, 2020, respectively, and $2.1 million and $5.8 million for the three and nine months ended September 30, 2019, respectively. We estimate our future amortization expense for our intangible assets with finite lives to be as follows:
Year | As of September 30, 2020 (1)
2020 (remaining) | $ | 2,792 |
2021 | 10,642 |
2022 | 8,519 |
2023 | 4,821 |
2024 | 3,388 |
Thereafter | 8,390 |
| $ | 38,552 |
(1)Actual amortization expense to be reported in future periods could differ from these estimates because of new intangible asset acquisitions, impairments, changes in useful lives, or other relevant factors or changes.

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- Definition The entire disclosure for goodwill and 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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