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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in goodwill
Changes in goodwill during the years ended December 31, 2017 and 2016 are summarized below:
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Total
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2016
 
$
69,827

 
$
10,006

 
$
2,968

 
$
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 as of December 31, 2016 and 2017
 
$
73,259

 
$
10,056

 
$
2,968

 
$
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)
 
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Definite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and trade names
 
13
 
$
15,354

 
$
15,354

 
$
(8,881
)
 
$
(7,724
)
 
$
6,473

 
$
7,630

Customer related intangible assets
 
10
 
277,828

 
277,828

 
(188,258
)
 
(156,980
)
 
89,570

 
120,848

Operating agreement
 
20
 
35,000

 
35,000

 
(13,865
)
 
(12,104
)
 
21,135

 
22,896

Non-compete agreements
 
4
 
1,560

 
1,560

 
(897
)
 
(507
)
 
663

 
1,053

Intellectual property
 
10
 
300

 
300

 
(115
)
 
(85
)
 
185

 
215

Other intangible assets
 
5
 
3,745

 
3,745

 
(1,706
)
 
(955
)
 
2,039

 
2,790

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
 
$
333,787

 
$
333,787

 
$
(213,722
)
 
$
(178,355
)
 
$
120,065

 
$
155,432