INTANGIBLE ASSETS AND GOODWILL (Tables)

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets

The Company's intangible assets at March 31, 2018 and December 31, 2017 consisted of the following (in thousands): 

	March 31, 2018							December 31, 2017
	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	$	1,068,509	$	(377,529	)	$	690,980	$	1,056,660	$	(355,000	)	$	701,660	3 - 20 years	16 years
Technology	137,800		(110,620		)	27,180		137,288		(104,478		)	32,810		1 - 5 years	5 years
Patents	1,623		(1,623		)	—		1,623		(1,623		)	—		15 years	15 years
Internet domain names	43,272		(30,262		)	13,010		42,265		(28,802		)	13,463		5 - 20 years	8 years
Trade names	1,783,038		(374,316		)	1,408,722		1,779,076		(350,447		)	1,428,629		4-20 years	19 years
Non-compete agreements	21,900		(21,694		)	206		21,900		(21,639		)	261		3-4 years	3 years
Total intangible assets	$	3,056,142	$	(916,044	)	$	2,140,098	$	3,038,812	$	(861,989	)	$	2,176,823

Annual estimated amortization expense for intangible assets for the remainder of 2018, the next five years and thereafter

The amortization expense for intangible assets for the remainder of 2018 and the annual expense for the next five years and thereafter is expected to be as follows (in thousands):

Remainder of 2018	$	127,026
2019	162,014
2020	153,821
2021	147,461
2022	144,560
2023	142,444
Thereafter	1,262,772
	$	2,140,098

Goodwill

goodwill for the three months ended March 31, 2018 consisted of the following (in thousands):

Balance at December 31, 2017	$	2,737,671
Currency translation adjustments	17,076
Balance at March 31, 2018	$	2,754,747