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Intangible Assets

6 Months Ended

Jun. 30, 2023

Note 6. Intangible assets

The components of intangible assets, net, as of June 30, 2023 and December 31, 2022 were as follows (in thousands):



	June 30, 2023		December 31, ‎2022
Lease-in-place agreements	$	1,053	$	1,053
Leasing commissions and other		293		290
Gross intangible assets	$	1,346	$	1,343
Accumulated amortization		(959)		(721)
Intangible assets, net	$	387	$	622

Amortization expense for intangible assets was $119,000 and $125,000 for the three months ended June 30, 2023 and 2022, respectively. Amortization expense for intangible assets was $238,000 and $260,000 for the six months ended June 30, 2023 and 2022, respectively.

Amortization expense for finite-lived intangible assets as of June 30, 2023 is expected to be as follows (in thousands):



For the year ending December 31,
2023	$	216
2024		167
2025		4
Total amortization	$	387