INTANGIBLE ASSETS — NET

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS - NET


		March 31, 2025						December 31, 2024


	Weighted Average Life (Years)
		Gross Carrying Amount		Accumulated Amortization				Gross Carrying Amount		Accumulated Amortization
Intangible Assets						Net						Net


Assembled occupancy	0.4	$	2,315	$	(1,927)	$	388	$	1,991	$	(1,316)	$	675
Facility trade name	30.0	733		(468)		265		733		(462)		271
Customer relationships	18.4	4,582		(2,954)		1,628		4,582		(2,902)		1,680
TOTAL		$	7,630	$	(5,349)	$	2,281	$	7,306	$	(4,680)	$	2,626

During the three months ended March 31, 2025 and 2024, amortization expense was $811 and $401, respectively, of which $142 and $303 was related to the amortization of right-of-use assets, respectively.

Estimated amortization expense for each of the years ending December 31 is as follows:


Year	Amount
2025 (remainder)	$	537
2026	234
2027	234
2028	234
2029	234
2030	234
Thereafter	574
	$	2,281

Other indefinite-lived intangible assets consist of the following:



	March 31, 2025		December 31, 2024

Trade name	$	889	$	889
Medicare and Medicaid licenses	3,777		3,777
TOTAL	$	4,666	$	4,666