INTANGIBLE ASSETS AND GOODWILL (Tables)

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets

The Company's intangible assets at September 30, 2017 and December 31, 2016 consisted of the following (in thousands): 

	September 30, 2017							December 31, 2016
	Gross  Carrying  Amount		Accumulated Amortization			Net  Carrying  Amount		Gross  Carrying  Amount		Accumulated Amortization			Net  Carrying  Amount		Amortization Period	Weighted  Average  Useful Life
Supply and distribution agreements	$	1,050,965	$	(335,538	)	$	715,427	$	809,287	$	(270,813	)	$	538,474	3 - 20 years	16 years
Technology	136,667		(98,008		)	38,659		112,141		(80,549		)	31,592		1 - 5 years	5 years
Patents	1,623		(1,623		)	—		1,623		(1,598		)	25		15 years	15 years
Internet domain names	41,620		(27,616		)	14,004		39,495		(25,089		)	14,406		2 - 20 years	8 years
Trade names	1,777,146		(327,403		)	1,449,743		1,667,221		(261,412		)	1,405,809		4-20 years	19 years
Non-compete agreements	21,900		(21,581		)	319		21,900		(18,321		)	3,579		3-4 years	3 years
Total intangible assets	$	3,029,921	$	(811,769	)	$	2,218,152	$	2,651,667	$	(657,782	)	$	1,993,885

Annual estimated amortization expense for intangible assets for the remainder of 2017, the next five years and thereafter

The amortization expense for intangible assets for the remainder of 2017, the annual expense for the next five years, and the expense thereafter is expected to be as follows (in thousands): 

Remainder of 2017	$	46,160
2018	171,825
2019	160,335
2020	152,397
2021	146,295
2022	143,507
Thereafter	1,397,633
	$	2,218,152

Goodwill

The change in goodwill for the nine months ended September 30, 2017 consisted of the following (in thousands): 

Balance at December 31, 2016	$	2,396,906
Acquisitions	292,705
Foreign currency translation adjustments	38,286
Balance at September 30, 2017	$	2,727,897