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Note 6 - Intangible Assets
 6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

Note 6. Intangible assets

 

The components of intangible assets, net, as of  June 30, 2024 and  December 31, 2023 were as follows (in thousands):

 

  

June 30,

  

December 31,

 
  

2024

  

2023

 

Lease-in-place agreements

 $1,053  $1,053 

Leasing commissions and other

  317   293 

Gross intangible assets

 $1,370  $1,346 

Accumulated amortization

  (1,288)  (1,170)

Intangible assets, net

 $82  $176 

 

Amortization expense for intangible assets was $56,000 and $119,000 for the three months ended June 30, 2024 and 2023, respectively. Amortization expense for intangible assets was $117,000 and $238,000 for the six months ended  June 30, 2024 and 2023, respectively.

 

Amortization expense for finite-lived intangible assets as of June 30, 2024 is expected to be as follows (in thousands):

 

For the year ending December 31,

    

2024

 $60 

2025

 $11 

2026

 $8 

2027

  3 

Total amortization

 $82