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Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Details of Intangible Assets, Net

The Company’s intangible assets, net consist of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Anchor tenant relationships (a)

 

$

1,761

 

 

$

1,761

 

In-place leases

 

 

4,215

 

 

 

4,215

 

Policy renewal rights - United

 

 

12,384

 

 

 

7,634

 

Non-compete agreements - United (b)

 

 

314

 

 

 

195

 

Total, at cost

 

 

18,674

 

 

 

13,805

 

Less: accumulated amortization

 

 

(3,569

)

 

 

(3,169

)

Intangible assets, net

 

$

15,105

 

 

$

10,636

 

Schedule of Remaining Weighted-Average Amortization Period for Intangible Assets

The remaining weighted-average amortization periods for the intangible assets at March 31, 2022 are summarized in the table below:

 

Anchor tenant relationships

 

12.2 years

In-place leases

 

9.9 years

Policy renewal rights - United

 

3.9 years

Non-compete agreements - United

 

1.1 years

(a)
An anchor tenant is a tenant that attracted more customers than other tenants.
(b)
$195 was fully amortized in June 2021.