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Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2023
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | Intangible assets consisted of the following:
($ in thousands) |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |  |  | Weighted Average Useful Life (Years) |
Client relationships |  | $ | 523,850 |  |  | $ | 148,498 |  |  | $ | 375,352 |  |  |  | 7.37 |
Channel relationships |  |  | 16,240 |  |  |  | 3,580 |  |  |  | 12,660 |  |  |  | 7.81 |
Software costs |  |  | 206,009 |  |  |  | 141,464 |  |  |  | 64,545 |  |  |  | 0.96 |
Non-compete agreements |  |  | 4,580 |  |  |  | 4,129 |  |  |  | 451 |  |  |  | 0.45 |
Trade name |  |  | 20,300 |  |  |  | — |  |  |  | 20,300 |  |  |  | — |
Balance as of March 31, 2023 |  | $ | 770,979 |  |  | $ | 297,671 |  |  | $ | 473,308 |  |  |  | 5.58 |
Customer relationships |  | $ | 539,850 |  |  | $ | 137,515 |  |  | $ | 402,335 |  |  |  | 7.40 |
Channel relationships |  |  | 16,240 |  |  |  | 3,168 |  |  |  | 13,072 |  |  |  | 8.06 |
Software costs |  |  | 196,890 |  |  |  | 132,322 |  |  |  | 64,568 |  |  |  | 0.99 |
Non-compete agreements |  |  | 4,580 |  |  |  | 4,030 |  |  |  | 550 |  |  |  | 0.54 |
Trade name |  |  | 20,050 |  |  |  | — |  |  |  | 20,050 |  |  |  | — |
Balance as of December 31, 2022 |  | $ | 777,610 |  |  | $ | 277,035 |  |  | $ | 500,575 |  |  |  | 5.71 |
Schedule of Estimated Amortization Expense | The estimated amortization expense for the next five years and thereafter in the aggregate is as follows:
($ in thousands) |  | Estimated Future |
Year Ending December 31, |  | Amortization Expense |
2023 |  | $ | 71,714 |
2024 |  |  | 82,931 |
2025 |  |  | 65,752 |
2026 |  |  | 56,047 |
2027 |  |  | 55,941 |
Thereafter |  |  | 120,623 |

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