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Intangible Assets, Net

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Intangible Assets, Net

Below is a summary of intangible assets, net:

(in thousands)			March 31, 2021						December 31, 2020
Definite-lived intangible assets:
Investment contracts and other			$	609,958					$	489,570
Accumulated amortization			(262,287)						(252,822)
Definite-lived intangible assets, net			347,671						236,748
Indefinite-lived intangible assets			43,516						43,516
Total intangible assets, net			$	391,187					$	280,264

Activity in goodwill and intangible assets, net was as follows: 

			Three Months Ended March 31,
(in thousands)			2021						2020
Intangible assets, net
Balance, beginning of period			$	280,264					$	310,391
Additions			120,388						—
Amortization			(9,465)						(7,533)
Balance, end of period			$	391,187					$	302,858

Definite-lived intangible asset amortization for the remainder of fiscal year 2021 and succeeding fiscal years is estimated as follows:

Fiscal Year						Amount (in thousands)
Remainder of 2021						31,145
2022						41,440
2023						40,778
2024						35,136
2025						30,368
2026 and thereafter						168,804
						$	347,671

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- References

No definition available.

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- Definition

The entire disclosure for all or part of the information related to 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

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