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GOODWILL AND INTANGIBLE ASSETS, NET | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS, NET | GOODWILL AND INTANGIBLE ASSETS, NET The following table presents the Company's goodwill and intangible assets, net as of March 31, 2024 and December 31, 2023:
(in thousands) |  | March 31, 2024 |  | December 31, 2023
Goodwill |  | $ | 198,724 |  |  | $ | 186,181 |
Intangible assets, net |  | 34,157 |  |  | 25,125 |
Goodwill and intangible assets, net |  | $ | 232,881 |  |  | $ | 211,306 |
Goodwill The changes in the carrying amount of goodwill allocated to the origination segment are presented in the following table:
(in thousands) |  |
Balance at December 31, 2022 |  | $ | 176,769 |
Acquisitions |  | 8,654 |
Purchase accounting adjustments |  | 758 |
Balance at December 31, 2023 |  | 186,181 |
Acquisitions |  | 12,543 |
Balance at March 31, 2024 |  | $ | 198,724 |
Intangible Assets, Net The following table presents the Company's intangible assets, net as of March 31, 2024 and December 31, 2023:
|  | March 31, 2024 |  | December 31, 2023
(in thousands) |  | Gross Intangibles |  | Accumulated Amortization |  | Net Intangibles |  | Gross Intangibles |  | Accumulated Amortization |  | Net Intangibles
Referral network |  | $ | 53,500 |  |  | $ | (19,568) |  |  | $ | 33,932 |  |  | $ | 42,300 |  |  | $ | (17,625) |  |  | $ | 24,675 |
Non-compete agreements |  | 2,700 |  |  | (2,475) |  |  | 225 |  |  | 2,700 |  |  | (2,250) |  |  | 450 |
|  | $ | 56,200 |  |  | $ | (22,043) |  |  | $ | 34,157 |  |  | $ | 45,000 |  |  | $ | (19,875) |  |  | $ | 25,125 |
Amortization expense related to intangible assets was $2.2 million and $2.0 million for the three months ended March 31, 2024 and 2023, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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