Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Finite-Lived Intangible Assets

The table below presents the amortization period and carrying value of our intangible assets, net of accumulated amortization at March 31, 2021 and December 31, 2020.

Table 2.1 – Intangible Assets – Activity


	Intangible Assets at Acquisition		Accumulated Amortization at March 31, 2021		Carrying Value at March 31, 2021		Weighted Average Amortization Period (in years)
(Dollars in Thousands)
Borrower network	$	45,300	$	(9,437)	$	35,863	7
Broker network	18,100		(7,542)		10,558		5
Non-compete agreements	9,500		(5,222)		4,278		3
Tradenames	4,000		(2,194)		1,806		3
Developed technology	1,800		(1,313)		487		2
Loan administration fees on existing loan assets	2,600		(2,600)		—		1
Total	$	81,300	$	(28,308)	$	52,992	6


	Intangible Assets at Acquisition		Accumulated Amortization at December 31, 2020		Carrying Value at December 31, 2020		Weighted Average Amortization Period (in years)
(Dollars in Thousands)
Borrower network	$	45,300	$	(7,819)	$	37,481	7
Broker network	18,100		(6,637)		11,463		5
Non-compete agreements	9,500		(4,431)		5,069		3
Tradenames	4,000		(1,860)		2,140		3
Developed technology	1,800		(1,088)		712		2
Loan administration fees on existing loan assets	2,600		(2,600)		—		1
Total	$	81,300	$	(24,435)	$	56,865	6

Finite-lived Intangible Assets Amortization Expense

. Estimated future amortization expense is summarized in the table below.

Table 2.2 – Intangible Asset Amortization Expense by Year



(In Thousands)	March 31, 2021
2021 (9 months)	$	11,431
2022	12,800
2023	10,091
2024	7,073
2025 and thereafter	11,597
Total Future Intangible Asset Amortization	$	52,992