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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in goodwill
Changes in goodwill during the years ended December 31, 2016 and 2015 are summarized below:
(in thousands)
 
Mortgage Services
 
Financial Services
 
Technology Services
 
Total
 
 
 
 
 
 
 
 
 
Balance January 1, 2015
 
$
32,733

 
$
2,378

 
$
55,740

 
$
90,851

Acquisition of CastleLine
 
28,125

 

 

 
28,125

Acquisition of RentRange and Investability
 
19,565

 

 

 
19,565

Impairment of Technology Services goodwill
 

 

 
(55,740
)
 
(55,740
)
Balance, December 31, 2015
 
80,423

 
2,378

 

 
82,801

CastleLine purchase price allocation adjustment (1)
 
(1,395
)
 

 

 
(1,395
)
RentRange and Investability purchase price allocation adjustment (2)
 
50

 

 

 
50

Acquisition of Granite
 
4,827

 

 

 
4,827

 
 
 
 
 
 
 
 
 
Balance, December 31, 2016
 
$
83,905

 
$
2,378

 
$

 
$
86,283


______________________________________
(1) 
During the second quarter of 2016, goodwill was revised to reflect a purchase accounting measurement period adjustment related to the CastleLine acquisition. See Note 5.
(2) 
During the third quarter of 2016, goodwill was revised to reflect a purchase accounting measurement period adjustment related to the RentRange and Investability acquisition. See Note 5.
Schedule of intangible assets, net
Intangible assets, net consist of the following as of December 31:
 
 
Weighted average estimated useful life
(in years)
 
Gross carrying amount
 
Accumulated amortization
 
Net book value
(in thousands)
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Definite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and trade names
 
13
 
$
15,354

 
$
15,244

 
$
(7,724
)
 
$
(6,491
)
 
$
7,630

 
$
8,753

Customer related intangible assets
 
10
 
277,828

 
274,428

 
(156,980
)
 
(113,725
)
 
120,848

 
160,703

Operating agreement
 
20
 
35,000

 
35,000

 
(12,104
)
 
(10,354
)
 
22,896

 
24,646

Non-compete agreements
 
4
 
1,560

 
1,435

 
(507
)
 
(115
)
 
1,053

 
1,320

Intellectual property
 
10
 
300

 
300

 
(85
)
 
(55
)
 
215

 
245

Other intangible assets
 
5
 
3,745

 
1,375

 
(955
)
 
(39
)
 
2,790

 
1,336

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
 
$
333,787

 
$
327,782

 
$
(178,355
)
 
$
(130,779
)
 
$
155,432

 
$
197,003