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OTHER ASSETS | 12 Months Ended
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Dec. 31, 2022
OTHER ASSETS |
OTHER ASSETS | 10. OTHER ASSETS Other assets included the following amounts at December 31, 2022 and 2021:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021
​ | ​ | (Dollars in thousands)
Cash surrender value of life insurance | ​ | $ | 19,884 | ​ | $ | 19,194
Amortizable intangible assets, net (See Note 9) | ​ |  | 739 | ​ |  | 972
Investment in real estate | ​ |  | 1,926 | ​ |  | 2,118
Other | ​ |  | 1,278 | ​ |  | 1,317
Total other assets | ​ | $ | 23,827 | ​ | $ | 23,601
​ We have five life insurance policies on current and former executives. Upon death of the insured executives, the approximate benefit we would receive is $21.3 million in aggregate as of December 31, 2022. On May 1, 2013, we 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 our 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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