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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

Changes in the carrying value of goodwill consist of the following:

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Balance, Beginning of Year

 

$

176,031

 

 

$

72,286

 

Goodwill Acquired (a)

 

 

 

 

 

103,745

 

Measurement Period Adjustments (b)

 

 

(3,306

)

 

 

 

Balance, End of Year

 

$

172,725

 

 

$

176,031

 

 

(a)

The change in carrying amount of goodwill was related to the acquisition of CamberView.

(b)

During the year ended December 31, 2019, the Company recorded $3.3 million of measurement period adjustments to goodwill related to the acquisition of CamberView.

Schedule of Intangible Assets, Net

Intangible Assets, Net consists of the following:

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Finite-Lived Intangible Assets

 

 

 

 

 

 

 

 

Customer Relationships

 

$

61,276

 

 

$

62,876

 

Trade Name

 

 

9,800

 

 

 

9,900

 

Total Intangible Assets

 

 

71,076

 

 

 

72,776

 

Accumulated Amortization

 

 

(31,270

)

 

 

(23,616

)

Intangible Assets, Net

 

$

39,806

 

 

$

49,160

 

Schedule of Changes in Intangible Assets, Net

 

Changes in the Company’s Intangible Assets, Net consist of the following:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Balance, Beginning of Year

 

$

49,160

 

 

$

12,295

 

 

$

14,713

 

Additions

 

 

 

 

 

40,600

 

 

 

 

Amortization Expense

 

 

(7,654

)

 

 

(3,735

)

 

 

(2,418

)

Measurement Period Adjustments (a)

 

 

(1,700

)

 

 

 

 

 

 

Balance, End of Year

 

$

39,806

 

 

$

49,160

 

 

$

12,295

 

 

(a)

During the year ended December 31, 2019, the Company recorded $1.7 million of measurement period adjustments to intangible assets related to the acquisition of CamberView. As a result of this decrease in intangible assets, the Company recorded a cumulative decrease to accumulated amortization of $0.2 million as of September 30, 2019. Such change was also reflected in Depreciation and Amortization in the Consolidated Statements of Operations.