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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The Company’s goodwill balance is attributable to its Content reporting unit and is tested for impairment annually on October 1 or upon a triggering event. No triggering events were identified during the six months ended June 30, 2020.
The following table summarizes the changes in the Company’s goodwill balance during the six months ended June 30, 2020 (in thousands):
 Goodwill
Balance as of December 31, 2019$88,974  
Foreign currency translation adjustment(807) 
Balance as of June 30, 2020$88,167  

Intangible Assets
Intangible assets consisted of the following as of June 30, 2020 and December 31, 2019 (in thousands):
 As of June 30, 2020As of December 31, 2019
 Gross
Carrying
Amount
Accumulated
Amortization
Weighted
Average Life
(Years)
Gross
Carrying
Amount
Accumulated
Amortization
Amortizing intangible assets:   
Customer relationships$16,982  $(9,648) 9$17,729  $(9,294) 
Trade name6,237  (5,778) 76,517  (5,941) 
Developed technology4,677  (4,368) 44,841  (4,226) 
Contributor content24,812  (7,883) 923,510  (6,626) 
Patents259  (108) 18259  (100) 
Total$52,967  $(27,785)  $52,856  $(26,187) 
Amortization expense was $1.2 million and $2.9 million for the three months ended June 30, 2020 and 2019, respectively, and $2.5 million and $4.2 million for the six months ended June 30, 2020 and 2019, respectively. Cost of revenue includes amortization expense of $0.7 million and $0.5 million for the three months ended June 30, 2020 and 2019, respectively, and $1.3 million and $0.9 million for the six months ended June 30, 2020 and 2019, respectively. General and administrative expense includes amortization expense of $0.5 million and $2.4 million for the three months ended June 30, 2020 and 2019, respectively, and $1.2 million and $3.3 million for the six months ended June 30, 2020 and 2019, respectively.
The Company determined that there was no indication of impairment of the intangible assets for any period presented. Estimated amortization expense is: $2.9 million for the remaining six months of 2020, $5.1 million in 2021, $4.8 million in 2022, $4.1 million in 2023, $3.2 million in 2024, $1.9 million in 2025 and $3.2 million thereafter.