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Income Taxes - Summary of Tax Effects of Temporary Differences (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Deferred tax assets: |  |
Intangible assets | $ 5,279 | $ 7,352
Net operating losses | 13,704 | 14,750
Compensation accruals | 12,789 | 11,728
Lease Liability | 6,897 | 0
Investments | 5,561 | 7,557
Capital losses | 773 | 512
Other | 581 | 942
Gross deferred tax assets | 45,584 | 42,841
Valuation allowance | (6,844) | (8,439)
Gross deferred tax assets after valuation allowance | 38,740 | 34,402
Deferred tax liabilities: |  |
Intangible assets | (15,252) | (12,286)
Right of use asset | (5,263) | 0
Fixed assets | (1,372) | 0
Other investments | (975) | 0
Gross deferred tax liabilities | (22,862) | (12,286)
Deferred tax assets, net | $ 15,878 | $ 22,116

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