Table of Contents WEWORK COMPANIES INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2018 Note 8. Intangible Assets, Net Intangible assets, net consist of the following: December 31, 2017 Weighted- Average Remaining Useful Lives Gross Carrying Accumulated Net Carrying (Amounts in thousands) (in years) Amount Amortization Amount Capitalized software 2.7 $ 41,782 $ (9,800) $ 31,982 Other finite-lived intangible assets - customer relationships and other 9.8 26,273 (106) 26,167 Indefinite-lived intangible assets - trademarks 26,370 — 26,370 Total intangible assets, net $ 94,425 $ (9,906) $ 84,519 December 31, 2018 Weighted- Average Remaining Useful Lives Gross Carrying Accumulated Net Carrying (Amounts in thousands) (in years) Amount Amortization Amount Capitalized software 2.2 $ 56,986 $ (24,522) $ 32,464 Other finite-lived intangible assets - customer relationships and other 8.5 131,945 (12,521) 119,424 Indefinite-lived intangible assets - trademarks 7,255 — 7,255 Total intangible assets, net $ 196,186 $ (37,043) $ 159,143 Amortization expense of intangible assets was $5.6 million, and $27.1 million for the years ended December 31, 2017, and 2018, respectively. Amortization expense related to intangible assets as of December 31, 2018 is expected to be as follows: (Amounts in thousands) Total 2019 $ 34,391 2020 27,508 2021 16,022 2022 12,562 2023 12,485 2024 and beyond 48,920 Total $ 151,888 F-32