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GOODWILL AND INTANGIBLE ASSETS, NET
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
Goodwill
The following is a summary of goodwill by segment:
(in thousands)Servicer and Real EstateOriginationCorporate and OthersTotal
Balance as of September 30, 2022 and December 31, 2021
$30,681 $25,279 $— $55,960 
We determined that each reportable segment represents a reporting unit. Goodwill was allocated to each reporting unit based on the relative fair value of each of our reporting units.
Intangible Assets, net
Intangible assets, net consist of the following:
 
Weighted average estimated useful life
(in years)
Gross carrying amountAccumulated amortizationNet book value
(in thousands)September 30,
2022		December 31,
2021		September 30,
2022		December 31,
2021		September 30,
2022		December 31,
2021
Definite lived intangible assets:
Customer related intangible assets9$214,307 $214,307 $(196,844)$(194,594)$17,463 $19,713 
Operating agreement2035,000 35,000 (22,166)(20,854)12,834 14,146 
Trademarks and trade names169,709 9,709 (6,996)(6,709)2,713 3,000 
Total$259,016 $259,016 $(226,006)$(222,157)$33,010 $36,859 
Amortization expense for definite lived intangible assets was $3.8 million and $8.2 million for the nine months ended September 30, 2022 and 2021, respectively ($1.3 million and $2.7 million for the third quarter of 2022 and 2021, respectively). Forecasted annual definite lived intangible asset amortization expense for 2022 through 2026 is $5.1 million, $5.1 million, $5.1 million, $5.1 million and $4.9 million, respectively.