Annual report pursuant to Section 13 and 15(d)

Intangible Assets

v3.8.0.1
Intangible Assets
12 Months Ended
Dec. 31, 2017
Intangible Assets [Abstract]  
Intangible Assets

7.  Intangible Assets



Intangible assets and related amortization expense were as follows (in thousands):







 

 

 

 

 

 



 

December 31,

Class

 

 

2017

 

 

2016

Intangible assets:

 

 

 

 

 

 

   Management agreements

 

$

61,708 

 

 

61,293 

   Lease premium

 

 

2,057 

 

 

2,057 



 

 

63,765 

 

 

63,350 

   Accumulated amortization

 

 

(1,787)

 

 

(1,601)

Total intangible assets

 

$

61,978 

 

 

61,749 







 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

Future
Amortization
Expense

Year

  

 

 

 

 

 

 

 

 

2018

  

 

 

 

 

 

 

$

133 

2019

  

 

 

 

 

 

 

 

133 

2020

  

 

 

 

 

 

 

 

133 

2021

  

 

 

 

 

 

 

 

133 

2022

  

 

 

 

 

 

 

 

105 

Thereafter

  

 

 

 

 

 

 

 

48 



  

 

 

 

 

 

 

$

685