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GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of changes in goodwill | Changes in goodwill during the years ended December 31, 2021 and 2020 are summarized below:
(in thousands) |  | Total
Balance as of January 1, 2020 and December 31, 2020 |  | $ | 73,849 |
Write-off (1) |  | (17,889) |
Balance as of December 31, 2021 |  | $ | 55,960 |
______________________________________ (1) During 2021, the Company sold its equity interest in Pointillist (See Note 4 for additional information) which had $17.9 million of goodwill attributed to it. The amount of goodwill attributable to Pointillist was based on the relative fair values of Pointillist and the Company excluding Pointillist. Pointillist was determined to be a business within the Company’s existing reporting unit. Changes in goodwill during the years ended December 31, 2021 and 2020 are summarized below:
(in thousands) |  | Servicer and Real Estate |  | Origination |  | Corporate and Others |  | Total
Balance as of January 1, 2020 and December 31, 2020 |  | $ | 30,681 |  |  | $ | 25,279 |  |  | $ | 17,889 |  |  | $ | 73,849 |
Write-off (1) |  | — |  |  | — |  |  | (17,889) |  |  | (17,889) |
Balance as of December 31, 2021 |  | $ | 30,681 |  |  | $ | 25,279 |  |  | $ | — |  |  | $ | 55,960 |
______________________________________ (1) During 2021, the Company sold its equity interest in Pointillist (See Note 4 for additional information) which had $17.9 million of goodwill attributed to it. The amount of goodwill attributable to Pointillist was based on the relative fair values of Pointillist and the Company excluding Pointillist. Pointillist was determined to be a business within the Company’s existing reporting unit.
Schedule of intangible assets, net | Intangible assets, net consist of the following as of December 31:
|  | Weighted average estimated useful life (in years) |  | Gross carrying amount |  | Accumulated amortization |  | Net book value
(in thousands) |  |  | 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Definite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer related intangible assets |  | 9 |  | $ | 214,307 |  |  | $ | 214,973 |  |  | $ | (194,594) |  |  | $ | (187,923) |  |  | $ | 19,713 |  |  | $ | 27,050 |
Operating agreement |  | 20 |  | 35,000 |  |  | 35,000 |  |  | (20,854) |  |  | (19,126) |  |  | 14,146 |  |  | 15,874 |
Trademarks and trade names |  | 16 |  | 9,709 |  |  | 9,709 |  |  | (6,709) |  |  | (6,307) |  |  | 3,000 |  |  | 3,402 |
Non-compete agreements |  | — |  | — |  |  | 1,230 |  |  | — |  |  | (1,230) |  |  | — |  |  | — |
Other intangible assets |  | — |  | — |  |  | 1,800 |  |  | — |  |  | (1,800) |  |  | — |  |  | — |
Total |  |  |  | $ | 259,016 |  |  | $ | 262,712 |  |  | $ | (222,157) |  |  | $ | (216,386) |  |  | $ | 36,859 |  |  | $ | 46,326 |

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