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GOODWILL AND OTHER INTANGIBLE ASSETS - NET | 12 Months Ended
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Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS - NET |
9. | GOODWILL AND OTHER INTANGIBLE ASSETS — NET
The Company’s goodwill was as follows:
|  | U.S. Operating Segment |  |  | International Operating Segment |  |  | Total |
Balance at December 31, 2017 (1) |  | $ | 1,174,041 |  |  | $ | 110,038 |  |  | $ | 1,284,079 |
Acquisition of theatres (2) |  |  | — |  |  |  | 7,204 |  |  |  | 7,204 |
Foreign currency translation adjustments |  | — |  |  |  | (14,959 | ) |  |  | (14,959 | )
Balance at December 31, 2018 (1) |  | $ | 1,174,041 |  |  | $ | 102,283 |  |  | $ | 1,276,324 |
Acquisition of theatres (3) |  |  | 8,812 |  |  |  | 868 |  |  |  | 9,680 |
Foreign currency translation adjustments |  |  | — |  |  |  | (2,633 | ) |  |  | (2,633 | )
Balance at December 31, 2019 (1) |  | $ | 1,182,853 |  |  | $ | 100,518 |  |  | $ | 1,283,371 |
(1) | Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.
(2) | Amount represents preliminary purchase price allocation for theatres acquired in Brazil.
(3) | Amounts represent acquisition of two theatres in the U.S. and final purchase price adjustment for theatres acquired in Brazil during the year ended December 31, 2018.
As of December 31, intangible assets-net, consisted of the following:
|  | Balance at January 1, 2018 |  |  | Additions (1) |  |  | Amortization |  |  | Other (2) |  |  | Balance at December 31, 2018 |
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross carrying amount |  | $ | 105,895 |  |  | $ | 1,203 |  |  | $ | — |  |  | $ | (1,842 | ) |  | $ | 105,256 |
Accumulated amortization |  |  | (68,869 | ) |  |  | — |  |  |  | (5,734 | ) |  |  | - |  |  |  | (74,603 | )
Total net intangible assets with finite lives |  | $ | 37,026 |  |  | $ | 1,203 |  |  | $ | (5,734 | ) |  | $ | (1,842 | ) |  | $ | 30,653 |
Intangible assets with indefinite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradename and other |  |  | 299,735 |  |  |  | 853 |  |  |  | — |  |  |  | (331 | ) |  |  | 300,257 |
Total intangible assets — net |  | $ | 336,761 |  |  | $ | 2,056 |  |  | $ | (5,734 | ) |  | $ | (2,173 | ) |  | $ | 330,910 |
|  | Balance at January 1, 2019 |  |  | Additions (3) |  |  | Impact of ASC Topic 842 (4) |  |  | Amortization |  |  | Other (2) |  |  | Balance at December 31, 2019 |
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross carrying amount |  | $ | 105,256 |  |  | $ | (143 | ) |  | $ | (4,427 | ) |  | $ | — |  |  | $ | (6 | ) |  | $ | 100,680 |
Accumulated amortization |  |  | (74,603 | ) |  |  | — |  |  |  | — |  |  |  | (4,994 | ) |  |  | — |  |  |  | (79,597 | )
Total net intangible assets with finite lives |  | $ | 30,653 |  |  | $ | (143 | ) |  | $ | — |  |  | $ | (4,994 | ) |  | $ | (6 | ) |  | $ | 21,083 |
Intangible assets with indefinite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradename and other |  |  | 300,257 |  |  |  | 492 |  |  |  | — |  |  |  | — |  |  |  | (63 | ) |  |  | 300,686 |
Total intangible assets — net |  | $ | 330,910 |  |  | $ | 349 |  |  | $ | — |  |  | $ | (4,994 | ) |  | $ | (69 | ) |  | $ | 321,769 |
(1) | Activity represents preliminary fair values recorded as a result of the acquisition of theatres in Brazil.
(2) | Amount represents the write-off of fully amortized intangible assets related to non-compete agreements, the acquisition of tradeable liquor licenses, and foreign currency translation adjustments.
(3) | Amount represents intangible assets recorded as a result of two theatres acquired in the U.S. and final purchase price adjustment for theatres acquired in Brazil during the year ended December 31, 2018.
(4) | See Note 3 for further discussion of the impact of the adoption of ASC Topic 842.
Estimated aggregate future amortization expense for intangible assets is as follows:
For the year ended December 31, 2020 |  | $ | 5,036 |
For the year ended December 31, 2021 |  |  | 3,127 |
For the year ended December 31, 2022 |  |  | 2,974 |
For the year ended December 31, 2023 |  |  | 2,876 |
For the year ended December 31, 2024 |  |  | 2,876 |
Thereafter |  |  | 4,194 |
Total |  | $ | 21,083 |

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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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