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Goodwill and Identifiable Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Reportable Segments by Reporting Units

The following table summarizes the activity in the Company’s goodwill balance, as follows (in thousands):

	Portfolio Purchasing  and Recovery				Tax Lien Business				Total
Balance, December 31, 2014	$	848,656			$	49,277			$	897,933
Goodwill acquired	114,730				—				114,730
Goodwill impairment	—				(49,277		)		(49,277		)
Goodwill adjustment(1)	2,410				—				2,410
Effect of foreign currency translation	(40,949		)		—				(40,949		)
Balance, December 31, 2015	$	924,847			$	—			$	924,847

______________________

(1) Represents purchase accounting adjustments.

Summary of Acquired Intangible Assets

The Company’s acquired intangible assets are summarized as follows (in thousands):

	As of December 31, 2015												As of December 31, 2014
	Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Customer relationships	$	5,716			$	(1,263	)		$	4,453			$	5,437			$	(743	)		$	4,694
Developed technologies	8,141				(3,793		)		4,348				8,353				(2,194		)		6,159
Trade name and other	11,304				(3,938		)		7,366				10,458				(1,709		)		8,749
Other intangibles—indefinite lived	1,962				—				1,962				1,962				—				1,962
Total intangible assets	$	27,123			$	(8,994	)		$	18,129			$	26,210			$	(4,646	)		$	21,564

Weighted-Average Useful Lives of Intangible Assets

The weighted-average useful lives of intangible assets at the time of acquisition were as follows:

	Weighted-Average Useful Lives
Customer relationships	10
Developed technologies	5
Trade name and other	6

Estimated Future Amortization Expense

Estimated future amortization expense related to finite-lived intangible assets at December 31, 2015 is as follows (in thousands):

2016	$	4,323
2017	3,943
2018	2,341
2019	1,186
2020	1,109
Thereafter	3,265
Total	$	16,167

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- References

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- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267

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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
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