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OTHER ASSETS | 12 Months Ended
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Dec. 31, 2019
OTHER ASSETS |
OTHER ASSETS | 10. OTHER ASSETS Other assets included the following amounts at December 31, 2019 and 2018:
|  | 2019 |  | 2018
|  | (Dollars in thousands)
Cash surrender value of life insurance |  | $ | 17,681 |  | $ | 16,961
Amortizable intangible assets (See Note 9) |  |  | 1,439 |  |  | 1,672
Investment in real estate |  |  | 2,189 |  |  | 2,149
Other |  |  | 2,365 |  |  | 2,501
Total other assets |  | $ | 23,674 |  | $ | 23,283
The Company has five life insurance policies on current and former executives. Upon death of the insured executives, the approximate death benefit the Company would receive is $17.7 million in aggregate as of December 31, 2019. On May 1, 2013, the Company purchased a 50% interest in a building in Montreal, Canada for approximately $3.2 million. The building, which is classified as an investment in real estate in the above table, serves as the Company’s Canadian office and distribution center. The purchase was accounted for as an equity-method investment under ASC 323, Investments – Equity Method and Joint Ventures, and continues to be accounted for under the equity method of accounting.

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