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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
9 Months Ended
Sep. 30, 2013
GOODWILL AND INTANGIBLE ASSETS, NET  
Summary of goodwill by segment

 

 

 

 

Mortgage

 

Financial

 

Technology

 

 

 

(in thousands)

 

Services

 

Services

 

Services

 

Total

 

 

 

 

 

 

 

 

 

 

 

Balance, September 30, 2013 and December 31, 2012

 

$

10,919

 

$

2,378

 

$

1,618

 

$

14,915

 

Schedule of intangible assets, net

 

 

Weighted
average
estimated

 

Gross carrying amount

 

Accumulated amortization

 

Net book value

 

(dollars in thousands)

 

useful life
(years)

 

September 30,
2013

 

December 31,
2012

 

September 30,
2013

 

December 31,
2012

 

September 30,
2013

 

December 31,
2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Definite lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

16

 

$

10,614

 

$

10,614

 

$

(4,414

)

$

(4,060

)

$

6,200

 

$

6,554

 

Customer-related intangible assets

 

9

 

242,725

 

38,366

 

(35,520

)

(18,567

)

207,205

 

19,799

 

Operating agreement

 

20

 

35,000

 

35,000

 

(6,417

)

(5,104

)

28,583

 

29,896

 

Non-compete agreement

 

4

 

1,300

 

1,300

 

(1,200

)

(963

)

100

 

337

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

289,639

 

$

85,280

 

$

(47,551

)

$

(28,694

)

$

242,088

 

$

56,586