XML 53 R37.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill and Other Intangible Assets (Tables) - Other Intangible Assets
12 Months Ended
Dec. 31, 2021
Goodwill and Other Intangible Assets  
Schedule of other intangible assets

December 31, 2021

December 31, 2020

Gross

Gross

Carrying

Accumulated

Carrying

Accumulated

    

Value

    

Amortization

    

Total

    

Value

    

Amortization

    

Total

Finitelived intangible assets:

 

  

 

  

 

  

 

  

 

  

 

  

Broker relationships

$

25,000

$

(17,057)

$

7,943

$

25,000

$

(13,932)

$

11,068

Borrower relationships

 

14,400

 

(7,860)

 

6,540

 

14,400

 

(6,420)

 

7,980

Below market leases

 

4,010

 

(3,359)

 

651

 

4,010

 

(3,233)

 

777

Infinitelived 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

$

72,410

$

(28,276)

$

44,134

$

72,410

$

(23,585)

$

48,825

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

At December 31, 2021, 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)

    

2022

    

2023

    

2024

    

2025

    

2026

Finitelived intangible assets:

 

  

 

  

 

  

 

  

 

  

 

  

Broker relationships

 

2.5

$

3,125

$

3,125

$

1,693

$

$

Borrower relationships

 

4.5

 

1,440

 

1,440

 

1,440

 

1,440

 

780

Below market leases

 

5.2

 

126

 

126

 

126

 

126

 

126

 

3.5

$

4,691

$

4,691

$

3,259

$

1,566

$

906