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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Intangible Assets
The following is a summary of our intangible assets as of June 30, 2019 and December 31, 2018 (in thousands):
 
 
June 30, 2019
 
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Finite-life intangible assets:
 
 
 
 
 
 
Customer relationships
 
$
97,400

 
$
4,329

 
$
93,071

Galapagos operating license
 
47,669

 
5,049

 
42,620

Other finite-life intangible assets
 
11,560

 
3,853

 
7,707

Total finite-life intangible assets
 
156,629

 
13,231

 
143,398

Indefinite-life intangible assets
 
351,725

 

 
351,725

Total intangible assets, net
 
$
508,354

 
$
13,231

 
$
495,123

 
 
December 31, 2018
 
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Finite-life intangible assets:
 
 
 
 
 
 
Customer relationships
 
$
97,400

 
$
1,082

 
$
96,318

Galapagos operating license
 
47,669

 
4,206

 
43,463

Other finite-life intangible assets
 
11,560

 
963

 
10,597

Total finite-life intangible assets
 
156,629

 
6,251

 
150,378

Indefinite-life intangible assets
 
351,725

 

 
351,725

Total intangible assets, net
 
$
508,354

 
$
6,251

 
$
502,103


Finite-lived Intangible Asset Amortization Expense
The estimated future amortization for finite-life intangible assets for each of the next five years is as follows (in thousands):
Year
 
Remainder of 2019
$
6,979

2020
$
12,995

2021
$
8,179

2022
$
8,179

2023
$
8,179

2024
$
8,179