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Acquisitions (Tables) | 3 Months Ended
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Mar. 31, 2021
Business Combinations [Abstract] |
Schedule of Business Acquisitions | The following table summarizes the final determination of the fair value amounts for the identifiable assets acquired, liabilities assumed, and goodwill, as described above, for the transactions completed during the three months ended March 31, 2020:
| 2020 Acquisition
Assets: |
Investments: |
Available for sale securities, at fair value | $ | 110 |
Total investments | 110 |
Cash and cash equivalents | 120,934 |
Restricted cash | 764 |
Notes and accounts receivable, net | 6,214 |
Reinsurance receivables | 71,337 |
Intangible assets, net | 93,700 |
Other assets | 34,053 |
Total assets | $ | 327,112 |
Liabilities: |
Policy liabilities and unpaid claims | $ | 55,151 |
Deferred revenue | 182,568 |
Reinsurance payable | 27,075 |
Other liabilities and accrued expenses | 10,860 |
Total liabilities | 275,654 |
Net assets acquired | 51,458 |
Goodwill | 60,346 |
| $ | 111,804 |
Acquisition costs | $ | 3,539 |
Schedule of Finite-Lived Intangible Assets Acquired | The following table shows the values recorded by the Company, as of the acquisition date, for finite-lived intangible assets and the range of their estimated amortization period:
Intangible Assets | Weighted Average Amortization Period (in Years) |  | Value as of acquisition date
Customer relationships | 7.2 |  | $ | 86,000 |
Software licensing | 5.0 |  | 600 |
Trade names | 13.5 |  | 7,100 |
Total acquired finite-lived intangible assets | 7.7 |  | $ | 93,700 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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