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Intangible assets, net
 12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets, net

9. Intangible assets, net

Intangible assets other than goodwill consist of the following:

 

     Weighted average
amortization period		      As of December 31,  
      2014      2013  

Gross amount

         

Lease agreements

      6 years       $ 2,200       $ 2,200   

Accumulated amortization

         

Lease agreements

         (565 )       (199 ) 
     

 

 

     

 

 

  

Net intangible assets

Lease agreements

 $ 1,635    $ 2,001   
     

 

 

     

 

 

  

The intangible assets were acquired in June 2013 and the Group estimated the fair value of the intangible assets with the consideration of issuance of the Company’s share of common stock. The Group recorded amortization expense of $367 and $199 for the years ended December 31, 2014 and 2013, all of which were allocated to the cost of revenue. There was no impairment loss for the years ended December 31, 2014 and 2013.