INTANGIBLE ASSETS AND GOODWILL - REIT (Tables)

3 Months Ended

Mar. 31, 2021

The Company’s intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (in thousands):


	March 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Book Value
Definite-lived intangible assets
Customer relationships	$	26,800	$	(14,045)	$	12,755
Software development and licenses	14,024		(2,367)		11,657
Software development in process	439		—		439
Indefinite-lived intangible assets—trademarks	10,163		—		10,163
Total intangible assets	51,426		(16,412)		35,014
Goodwill	44,921		—		44,921
Total intangible assets and goodwill	$	96,347	$	(16,412)	$	79,935


	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Book Value
Definite-lived intangible assets
Customer relationships	$	26,800	$	(13,710)	$	13,090
Software licenses	10,546		(2,005)		8,541
Software development in process	2,299		—		2,299
Indefinite-lived intangible assets—trademarks	10,163		—		10,163
Total intangible assets	49,808		(15,715)		34,093
Goodwill	45,055		—		45,055
Total intangible assets and goodwill	$	94,863	$	(15,715)	$	79,148

Estimated future amortization expense for amortizing intangible assets is as follows (in thousands):

ESH REIT's intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (dollars in thousands):


	March 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Book Value

Definite-lived intangible assets—software licenses	$	10,597	$	(2,312)	$	8,285



Goodwill	43,748		—		43,748
Total intangible assets and goodwill	$	54,345	$	(2,312)	$	52,033


	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Book Value

Definite-lived intangible assets—software licenses	$	10,546	$	(2,005)	$	8,541



Goodwill	43,878		—		43,878
Total intangible assets and goodwill	$	54,424	$	(2,005)	$	52,419

Estimated future amortization expense for amortizing intangible assets is as follows (in thousands):

Extended Stay America, Inc. 10-Q