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Note 6 - Intangible Assets
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

6. Intangible Assets

 

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

 

  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

  (1,350)  (1,170)

Intangible assets, net

 $37  $176 

 

Amortization expense for intangible assets was $180,000, $446,000 and $497,000 for the years ended December 31, 2024, 2023 and 2022, respectively. 

 

Amortization expense for finite-lived intangible assets is expected to be as follows (in thousands):

 

For the year ending December 31,

    

2025

 $17 

2026

  14 

2027

  6 

Total amortization

 $37