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Goodwill and Other Intangible Assets (Notes) | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Acquisitions [Text Block] | Goodwill and Other Intangible Assets Goodwill In the fourth quarter of 2022, we completed a quantitative analysis for impairment of goodwill as of October 1, 2022, concluding that the carrying value of the net assets of our reporting units did not exceed their respective fair values and therefore no impairment of goodwill existed as of December 31, 2022. The fair value measurements of our reporting units derived within our quantitative analysis were primarily based on significant unobservable inputs (Level 3) developed using company-specific information. At December 31, 2022 and 2021, the amount of goodwill attributable to the Rent-A-Center Business segment was approximately $1.5 million. At December 31, 2022 and 2021, the amount of goodwill attributable to the Acima segment was $288.3 million. A summary of the changes in recorded goodwill follows:
| Year Ended December 31,
(In thousands) | 2022 |  | 2021
Beginning goodwill balance | $ | 289,750 |  |  | $ | 70,217 |
Additions from acquisitions | — |  |  | 241,774 |
Post purchase price allocation adjustments | — |  |  | (22,241) |
Ending goodwill balance | $ | 289,750 |  |  | $ | 289,750 |
Other Intangible Assets Amortizable intangible assets consist of the following:
|  |  | December 31, 2022 |  | December 31, 2021
(Dollar amounts in thousands) | Avg. Life (years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer relationships(1) | 2 |  | $ | 140,180 |  |  | $ | 140,080 |  |  | $ | 140,039 |  |  | $ | 132,127 |
Merchant relationships | 10 |  | 389,760 |  |  | 74,850 |  |  | 389,760 |  |  | 35,960 |
Trade Name | 7 |  | 40,000 |  |  | 10,680 |  |  | 40,000 |  |  | 4,966 |
Non-compete agreements | 3 |  | 46,719 |  |  | 31,640 |  |  | 46,719 |  |  | 18,307 |
Total other intangible assets |  |  | $ | 616,659 |  |  | $ | 257,250 |  |  | $ | 616,518 |  |  | $ | 191,360 |
(1) Includes acquired Relationships with Existing Lessees from Acima Holdings with a remaining useful life of 1 year from the date of acquisition, February 17, 2021, completely amortized as of December 31, 2022. Aggregate amortization expense (in thousands):
Year Ended December 31, 2022 | $ | 65,890 |
Year Ended December 31, 2021 | $ | 102,742 |
Year Ended December 31, 2020 | $ | 1,070 |
Estimated amortization expense, assuming current intangible balances and no new acquisitions, for each of the years ending December 31, is as follows:
(In thousands) | Estimated Amortization Expense
2023 | $ | 58,017 |
2024 | 46,372 |
2025 | 44,604 |
2026 | 44,604 |
2027 | 44,604 |
Thereafter | 121,208 |
Total amortization expense | $ | 359,409 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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