Intangible Assets

3 Months Ended

Mar. 31, 2023

Intangible Assets

3.    Intangible Assets

Intangible Assets, Net consists of the following:

	March 31,			December 31,
	2023			2022
Finite-Lived Intangible Assets/Contractual Rights	$	1,771,380		$	1,745,376
Accumulated Amortization		(1,541,085	)		(1,528,089	)
Intangible Assets, Net	$	230,295		$	217,287

Amortization expense associated with Blackstone’s intangible assets was $13.0 million and $18.7 million for the three months ended March 31, 2023 and 2022, respectively.

Amortization of Intangible Assets held at March 31, 2023 is expected to be $39.5 million, $35.3 million, $35.3 million, $35.1 million and $34.0 million for each of the years ending December 31, 2023, 2024, 2025, 2026, and 2027, respectively. Blackstone’s Intangible Assets as of March 31, 2023 are expected to amortize over a weighted-average period of 6.3 years.