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Goodwill and Intangible Assets, Net | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Goodwill and Intangible Assets, Net 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 |
There were no impairments of goodwill during the three and six months ended June 30, 2021 and 2020. 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 |
We recorded $4.3 million and $8.5 million of amortization related to our intangible assets for the three and six months ended June 30, 2021, respectively, as compared to $4.0 million and $8.0 million for the same periods in the prior year. There were no impairments of long-lived intangible assets during the three and six months ended June 30, 2021 and 2020. 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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- 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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