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OTHER ASSETS

12 Months Ended

Dec. 31, 2022

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.