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INTANGIBLE ASSETS, NET
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET
INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following (in thousands):
 
 
September 30, 2018
 
December 31, 2017
 
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Net Book
Value
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Net Book
Value
Software development cost
 
$
19,393

 
$
(10,602
)
 
$
8,791

 
$
13,610

 
$
(8,396
)
 
$
5,214

Purchased software
 
3,555

 
(197
)
 
3,358

 

 

 

Total
 
$
22,948

 
$
(10,799
)
 
$
12,149

 
$
13,610

 
$
(8,396
)
 
$
5,214



During the nine months ended September 30, 2018, the Company recorded approximately $3.6 million of intangible asset software purchases and related costs in connection with the Leap Orbit asset acquisition, as further discussed in Note 4, Asset Acquisition.

Amortization expense for intangible assets with finite lives was $1.1 million and $2.4 million for the three and nine months ended September 30, 2018, respectively, and $0.6 million and $1.4 million for the three and nine months ended September 30, 2017, respectively. Intangible asset amortization expense is currently expected to total $1.4 million for the remainder of 2018, $5.1 million for fiscal year 2019, $4.0 million for fiscal year 2020 and $1.8 million for fiscal year 2021.