(2) Intangible Assets, net

The Company has intangible assets that consist of liquor licenses and lease interest assets. The liquor licenses are indefinite-lived assets and are not subject to amortization. The lease interest assets are amortized to occupancy costs on a straight-line basis over the remaining term of each respective lease.

A reconciliation of the Company’s intangible assets as of April 1, 2018 and December 31, 2017, respectively, are presented in the table below:


(in thousands)	April 1, 2018		December 31, 2017
Lease interest assets, gross carrying amount	$	1,091	$	1,091
Lease interest assets, accumulated amortization		(295)		(286)
Lease interest assets, net carrying amount		796		805
Liquor licenses		635		1,035
Intangible assets, net	$	1,431	$	1,840

The following table provides the projected future amortization of lease interest assets for the next five years, as of April 1, 2018:


(in thousands)	April 1, 2018
Fiscal 2018	$	27
Fiscal 2019		36
Fiscal 2020		36
Fiscal 2021		36
Fiscal 2022		36
Thereafter		625
	$	796