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Goodwill And Intangible Assets | 6 Months Ended
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Jun. 30, 2020
Goodwill And Intangible Assets [Abstract] |
Goodwill And Intangible Assets | Note 8 – Goodwill and Intangible Assets The table below summarizes goodwill by business segment as of June 30, 2020 and December 31, 2019.
(Dollars in thousands) |  | Cinema |  | Real Estate |  | Total
Balance at December 31, 2019 |  | $ | 21,224 |  | $ | 5,224 |  | $ | 26,448
Change in goodwill due to a purchase of a business combination |  |  | 120 |  |  | — |  |  | 120
Foreign currency translation adjustment |  |  | (560) |  |  | — |  |  | (560)
Balance at June 30, 2020 |  | $ | 20,784 |  | $ | 5,224 |  | $ | 26,008
The Company is required to test goodwill and other intangible assets for impairment on an annual basis and, if current events or circumstances require, on an interim basis. The Company has performed an interim goodwill assessment as described in Note 3 – Impact of COVID-19 Pandemic and Liquidity. Our next annual evaluation of goodwill and other intangible assets is scheduled during the fourth quarter of 2020. To test the impairment of goodwill, the Company compares the fair value of each reporting unit to its carrying amount, including the goodwill, to determine if there is potential goodwill impairment. A reporting unit is generally one level below the operating segment. As of June 30, 2020, we were not aware that any events indicating potential impairment of goodwill had occurred outside of those described at Note 3 – Impact of COVID-19 Pandemic and Liquidity. The tables below summarize intangible assets other than goodwill, as of June 30, 2020 and December 31, 2019, respectively.
|  | As of June 30, 2020
(Dollars in thousands) |  | Beneficial ‎Leases |  | Trade ‎Name |  | Other ‎Intangible ‎Assets |  | Total
Gross carrying amount |  | $ | 12,241 |  | $ | 9,062 |  | $ | 4,711 |  | $ | 26,014
Less: Accumulated amortization |  |  | (10,161) |  |  | (7,224) |  |  | (4,080) |  |  | (21,465)
Net intangible assets other than goodwill |  | $ | 2,080 |  | $ | 1,838 |  | $ | 631 |  | $ | 4,549
|  | As of December 31, 2019
(Dollars in thousands) |  | Beneficial ‎Leases |  | Trade ‎Name |  | Other ‎Intangible ‎Assets |  | Total
Gross carrying amount |  | $ | 15,048 |  | $ | 7,258 |  | $ | 3,145 |  | $ | 25,451
Less: Accumulated amortization |  |  | (14,496) |  |  | (5,449) |  |  | (1,186) |  |  | (21,131)
Net intangible assets other than goodwill |  | $ | 552 |  | $ | 1,809 |  | $ | 1,959 |  | $ | 4,320
Beneficial leases obtained in business combinations where we are the landlord are amortized over the life of the relevant leases. Trade names are amortized based on the accelerated amortization method over their estimated useful life of 30 years, and other intangible assets are amortized over their estimated useful lives of up to 30 years (except for transferrable liquor licenses, which are indefinite-lived assets). The table below summarizes the amortization expense of intangible assets for the quarter and six months ended June 30, 2020.
|  | Quarter Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(Dollars in thousands) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Beneficial lease amortization |  | $ | 25 |  | $ | 85 |  | $ | 50 |  | $ | 164
Other amortization |  |  | 229 |  |  | 104 |  |  | 306 |  |  | 205
Total intangible assets amortization |  | $ | 254 |  | $ | 189 |  | $ | 356 |  | $ | 369

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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