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GOODWILL AND INTANGIBLE ASSETS, NET | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS, NET | GOODWILL AND INTANGIBLE ASSETS, NET Goodwill The following is a summary of goodwill by segment:
(in thousands) |  | Servicer and Real Estate |  | Origination |  | Corporate and Others |  | Total
Balance as of March 31, 2023 and December 31, 2022 |  | $ | 30,681 |  |  | $ | 25,279 |  |  | $ | — |  |  | $ | 55,960 |
Intangible Assets, net Intangible assets, net consist of the following:
|  | Weighted average estimated useful life (in years) |  | Gross carrying amount |  | Accumulated amortization |  | Net book value
(in thousands) |  |  | March 31, 2023 |  | December 31, 2022 |  | March 31, 2023 |  | December 31, 2022 |  | March 31, 2023 |  | December 31, 2022
Definite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer related intangible assets |  | 9 |  | $ | 214,307 |  |  | $ | 214,307 |  |  | $ | (198,343) |  |  | $ | (197,594) |  |  | $ | 15,964 |  |  | $ | 16,713 |
Operating agreement |  | 20 |  | 35,000 |  |  | 35,000 |  |  | (23,042) |  |  | (22,604) |  |  | 11,958 |  |  | 12,396 |
Trademarks and trade names |  | 16 |  | 9,709 |  |  | 9,709 |  |  | (7,181) |  |  | (7,088) |  |  | 2,528 |  |  | 2,621 |
Total |  |  |  | $ | 259,016 |  |  | $ | 259,016 |  |  | $ | (228,566) |  |  | $ | (227,286) |  |  | $ | 30,450 |  |  | $ | 31,730 |
Amortization expense for definite lived intangible assets was $1.3 million and $1.3 million for the three months ended March 31, 2023 and 2022, respectively. Forecasted annual definite lived intangible asset amortization expense for 2023 through 2027 is $5.1 million, $5.1 million, $5.1 million, $4.9 million and $4.7 million, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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