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Intangible Assets
6 Months Ended
Jun. 30, 2022
Intangible Asset [Abstract]  
Intangible Assets Note 6. Intangible assets

The components of intangible assets, net, as of June 30, 2022 and December 31, 2021 were as follows (in thousands):

June 30,
2022

December 31,
2021

Lease-in-place agreements

$

1,053 

$

1,053 

Leasing commissions and other

290 

246 

Gross intangible assets

$

1,343 

$

1,299 

Accumulated amortization

(484)

(224)

Intangible assets, net

$

859 

$

1,075 

Amortization expense for intangible assets was $125,000 for the three months ended June 30, 2022. There was no amortization expense for the three months ended June 30, 2021.

Amortization expense for intangible assets was $260,000 for the six months ended June 30, 2022. There was no amortization expense for the six months ended June 30, 2021.

Amortization expense for finite-lived intangible assets as of June 30, 2022 is expected to be as follows (in thousands):

For the year ending December 31,

2022

244 

2023

444 

2024

167 

2025

4 

Total amortization

$

859