Table:
|  | Alarm.com | Other | Total |
| --- | --- | --- | --- |
| Balance as of January 1, 2018 | $63,591 | $— | $63,591 |
| Goodwill acquired | — | — | — |
| Balance as of December 31, 2018 | 63,591 | — | 63,591 |
| Goodwill acquired | 41,372 | — | 41,372 |
| Balance as of December 31, 2019 | $104,963 | $— | $104,963 |
Paragraphs:
Note 8. Goodwill and Intangible Assets, Net
The changes in goodwill by reportable segment are outlined below (in thousands):
On October 21, 2019, we acquired 85% of the issued and outstanding capital stock of OpenEye and recorded $41.4 million of goodwill in the Alarm.com segment. There were no impairments of goodwill recorded during the years ended December 31, 2019, 2018 or 2017. As of December 31, 2019, the accumulated balance of goodwill impairments was $4.8 million, which is related to our acquisition of EnergyHub in 2013.
Question:
What was the total balance as of January 1, 2018 as a percentage of the total balance on December 31, 2019?
Answer: 63591/104963 = 60.58