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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in goodwill
The following is a summary of goodwill by segment:
(in thousands)
 
Mortgage Market
 
Real Estate Market
 
Other Businesses, Corporate and Eliminations
 
Total
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2017
 
$
73,259

 
$
10,056

 
$
2,968

 
$
86,283

Dispositions(1)
 

 
(2,256
)
 

 
(2,256
)
 
 
 
 
 
 
 
 
 
Balance as of September 30, 2018
 
$
73,259

 
$
7,800

 
$
2,968

 
$
84,027


______________________________________
(1) 
During the third quarter of 2018, goodwill of $2.3 million attributable to the rental property management business was included in the gain on sale of the rental property management business to RESI (see Note 3).
Schedule of intangible assets, net
Intangible assets, net consist of the following:
 
 
Weighted average estimated useful life
(in years)
 
Gross carrying amount
 
Accumulated amortization
 
Net book value
(in thousands)
 
 
September 30,
2018
 
December 31,
2017
 
September 30,
2018
 
December 31,
2017
 
September 30,
2018
 
December 31,
2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Definite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer related intangible assets
 
10
 
$
273,172

 
$
277,828

 
$
(202,501
)
 
$
(188,258
)
 
$
70,671

 
$
89,570

Operating agreement
 
20
 
35,000

 
35,000

 
(14,896
)
 
(13,865
)
 
20,104

 
21,135

Trademarks and trade names
 
14
 
12,554

 
15,354

 
(6,611
)
 
(8,881
)
 
5,943

 
6,473

Non-compete agreements
 
4
 
1,230

 
1,560

 
(897
)
 
(897
)
 
333

 
663

Intellectual property
 
10
 
300

 
300

 
(132
)
 
(115
)
 
168

 
185

Other intangible assets
 
5
 
3,745

 
3,745

 
(2,210
)
 
(1,706
)
 
1,535

 
2,039

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
 
$
326,001

 
$
333,787

 
$
(227,247
)
 
$
(213,722
)
 
$
98,754

 
$
120,065