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Goodwill and Intangible Assets, Net (Tables) | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The changes in goodwill by reportable segment are outlined below (in thousands):
| Alarm.com |  | Other |  | Total
Balance as of January 1, 2021 | $ | 112,838 |  |  | $ | — |  |  | $ | 112,838 |
Goodwill acquired | — |  |  | — |  |  | — |
Measurement period adjustment | 63 |  |  | — |  |  | 63 |
Balance as of June 30, 2021 | $ | 112,901 |  |  | $ | — |  |  | $ | 112,901 |
Schedule of Intangible Assets | The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):
| Customer Relationships |  | Developed Technology |  | Trade Name |  | Total
Balance as of January 1, 2021 | $ | 72,670 |  |  | $ | 28,223 |  |  | $ | 2,366 |  |  | $ | 103,259 |
Amortization | (6,579) |  |  | (1,671) |  |  | (272) |  |  | (8,522) |
Balance as of June 30, 2021 | $ | 66,091 |  |  | $ | 26,552 |  |  | $ | 2,094 |  |  | $ | 94,737 |
The following tables reflect the weighted average remaining life and carrying value of finite-lived intangible assets (in thousands, except weighted-average remaining life):
| June 30, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Weighted- Average Remaining Life (in years)
Customer relationships | $ | 126,093 |  |  | $ | (60,002) |  |  | $ | 66,091 |  |  | 8.4
Developed technology | 44,064 |  |  | (17,512) |  |  | 26,552 |  |  | 6.9
Trade name | 3,815 |  |  | (1,721) |  |  | 2,094 |  |  | 3.6
Other | 234 |  |  | (234) |  |  | — |  |  | 0.0
Total intangible assets | $ | 174,206 |  |  | $ | (79,469) |  |  | $ | 94,737 |  |  |
| December 31, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Weighted- Average Remaining Life (in years)
Customer relationships | $ | 126,093 |  |  | $ | (53,423) |  |  | $ | 72,670 |  |  | 8.8
Developed technology | 44,064 |  |  | (15,841) |  |  | 28,223 |  |  | 7.3
Trade name | 3,815 |  |  | (1,449) |  |  | 2,366 |  |  | 4.0
Other | 234 |  |  | (234) |  |  | — |  |  | 0.0
Total intangible assets | $ | 174,206 |  |  | $ | (70,947) |  |  | $ | 103,259 |  |  |

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