XML 53 R36.htm IDEA: XBRL DOCUMENT v3.21.1
INTANGIBLE ASSETS, NET AND UNFAVORABLE LEASE (Tables)
12 Months Ended
Dec. 31, 2020
INTANGIBLE ASSETS, NET AND UNFAVORABLE LEASE  
Schedule of intangible assets with indefinite life

Intangible assets, net consist of the following:

As of December 31, 

2019

2020

Intangible assets with indefinite lives:

    

  

    

  

Brand names (Note 3)

 

1,340

 

5,319

Master brand agreement

 

192

 

192

Intangible assets with definite lives:

 

  

 

  

Franchise or manachise agreements

 

95

 

356

Favorable lease agreements from sublease

 

13

 

12

Purchased software

 

72

 

108

Other intangible assets

 

20

 

70

Total

 

1,732

 

6,057

Less: Accumulated amortization

 

(70)

 

(112)

Total

 

1,662

 

5,945

Schedule of annual estimated amortization expense for intangible assets and unfavorable lease excluding brand name and master brand agreement

The annual estimated amortization expense for the above intangible assets excluding brand name and master brand agreement for the following years is as follows:

    

Amortization for Intangible Assets

2021

 

43

2022

 

36

2023

 

34

2024

 

31

2025

 

30

Thereafter

 

260

Total

 

434