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

Note 6. Intangible assets

 

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

 

  

September 30,

  

December 31,

 
  

2024

  

2023

 

Lease-in-place agreements

 $1,053  $1,053 

Leasing commissions and other

  334   293 

Gross intangible assets

 $1,387  $1,346 

Accumulated amortization

  (1,318)  (1,170)

Intangible assets, net

 $69  $176 

 

Amortization expense for intangible assets was $32,000 and $119,000 for the three months ended September 30, 2024 and 2023, respectively. Amortization expense for intangible assets was $148,000 and $357,000 for the nine months ended September 30, 2024 and 2023, respectively.

 

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

 

For the year ending December 31,

    

2024

 $31 

2025

 $18 

2026

 $14 

2027

  6 

Total amortization

 $69