Company: DBRG
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001679688-25-000043
Chunk: 79

Company: DigitalBridge Group, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 79
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2)Accumulated Amortization(1)(2)Net Carrying Amount(1)Carrying Amount (1)(2)Accumulated Amortization(1)(2)Net Carrying Amount(1)Investment management contracts$138,256 $(101,939)$36,317 $138,494 $(97,371)$41,123 Investor relationships53,832 (26,248)27,584 53,322 (24,761)28,561 Trade name4,300 (2,446)1,854 4,300 (2,337)1,963 Other (3)1,518 (742)776 1,518 (705)813 $197,906 $(131,375)$66,531 $197,634 $(125,174)$72,460 __________(1)    Presented net of impairments and write-offs, if any.(2)    Exclude intangible assets that were fully amortized in prior years.(3)    Represents primarily the value of an acquired domain name.Amortization expense for finite-lived intangible assets totaled $6.6 million and $8.3 million for the three months ended March 31, 2025 and 2024, respectively. There was no impairment of identifiable intangible assets in the periods presented.Future Amortization of Intangible Assets The following table presents the expected future amortization of finite-lived intangible assets:Year Ending December 31,(In thousands)Remaining 202520262027202820292030 and thereafterTotalAmortization expense$18,723 $17,696 $12,008 $7,914 $3,101 $7,089 $66,531 

5. Restricted Cash, Other Assets and Other Liabilities Restricted CashRestricted cash principally represents cash reserves that are maintained pursuant to the governing agreements of the securitized debt of the Company.   Other AssetsThe following table summarizes the Company's other assets.(In thousands)March 31, 2025December 31, 2024Prepaid taxes and deferred tax assets, net$3,219 $3,447 Operating lease right-of-use asset for corporate offices28,830 28,901 Accounts receivable, net 7,342 3,056 Prepaid expenses6,186 4,531 Other assets2,059 2