Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.22.2.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in the Carrying Amount of Goodwill Allocated to the Origination Segment
The changes in the carrying amount of goodwill allocated to the origination segment are presented in the following table:
Balance at December 31, 2021 $ 175,144 
Measurement period adjustment(1)
(1,710)
Balance at September 30, 2022 $ 173,434 
______________________________
(1)The Company recorded a measurement period adjustment that included a decrease to goodwill of $1.7 million and an increase to income tax receivable of $1.7 million. This adjustment did not impact the Company's statements of income.
Summary of Finite-Lived Intangible Assets
The following table presents our intangible assets, net as of September 30, 2022:
  Gross Intangibles Accumulated Amortization Net Intangibles Weighted Average Amortization Period (Years)
Referral network $ 42,300  $ 8,812  $ 33,488  4.5
Non-compete agreements 2,700  1,125  1,575  0.1
  $ 45,000  $ 9,937  $ 35,063  4.6