Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2017

Goodwill and Other Intangible Assets

Schedule of goodwill activity

    The following table sets forth the goodwill activity (in thousands):

	Year Ended December 31, 2017		Year Ended December 31, 2016
Beginning balance	$	26,747	$	—
Additions from the Acquisition		—		26,747
Additions from internalization of management team(1)		25,000		—
Purchase price allocation adjustment(2)		4,879		—
Ending balance	$	56,626	$	26,747

(1)	Goodwill additions from the internalization of our management team was allocated $12.5 million each to our two reporting segments.
(2)	See Note 2—Basis of Presentation and Significant Accounting Policies for details.

Other Intangible Assets

Goodwill and Other Intangible Assets

Schedule of other intangible assets

    The following table sets forth the other intangible assets activity (in thousands):

	December 31, 2017							December 31, 2016
	Gross Carrying Value		Accumulated Amortization			Total		Gross Carrying Value		Accumulated Amortization			Total
Finite-lived intangible assets:
Broker relationships	$	25,000	$	(4,558	)	$	20,442	$	25,000	$	(1,432	)	$	23,568
Borrower relationships		14,400		(2,100	)		12,300		14,400		(660	)		13,740
Below market leases		4,010		(1,075	)		2,935		4,010		(337	)		3,673
Acquired technology		900		(437	)		463		900		(138	)		762
Infinite-lived intangible assets:
Fannie Mae DUS license		17,100		—			17,100		17,100		—			17,100
Freddie Mac Program Plus license		8,700		—			8,700		8,700		—			8,700
FHA license		3,200		—			3,200		3,200		—			3,200
	$	73,310	$	(8,170	)	$	65,140	$	73,310	$	(2,567	)	$	70,743

Schedule of estimated amortization expense for each of the succeeding five years

        At December 31, 2017, the weighted average remaining lives of our amortizable finite-lived intangible assets and the estimated amortization expense for each of the succeeding five years are as follows ($ in thousands):

			Estimated Amortization Expense for the Years Ending December 31,
	Wtd. Avg. Remaining Life (in years)
			2018		2019		2020		2021		2022
Finite-lived intangible assets:
Broker relationships		6.5	$	3,125	$	3,125	$	3,125	$	3,125	$	3,125
Borrower relationships		8.5		1,440		1,440		1,440		1,440		1,440
Below market leases		5.4		737		737		684		126		126
Acquired technology		1.5		300		163		—		—		—
		7.1	$	5,602	$	5,465	$	5,249	$	4,691	$	4,691