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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

The gross carrying amounts and net book value of intangible assets were as follows (in thousands):

 

 

 

December 31, 2021

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Book

Value

 

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

Acquired license agreement

 

$

26,685

 

 

$

1,968

 

 

$

24,717

 

In-place lease

 

 

1,433

 

 

 

141

 

 

 

1,292

 

Total intangible assets with finite lives

 

 

28,118

 

 

 

2,109

 

 

 

26,009

 

Acquired IPR&D assets

 

 

36,550

 

 

 

 

 

 

36,550

 

Total intangible and acquired IPR&D assets

 

$

64,668

 

 

$

2,109

 

 

$

62,559

 

 

 

 

 

December 31, 2020

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Book

Value

 

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

Acquired license agreement

 

$

26,685

 

 

$

398

 

 

$

26,287

 

In-place lease

 

 

1,433

 

 

 

24

 

 

 

1,409

 

Total intangible assets with finite lives

 

 

28,118

 

 

 

422

 

 

 

27,696

 

Acquired IPR&D assets

 

 

39,295

 

 

 

 

 

39,295

 

Total intangible and acquired IPR&D assets

 

$

67,413

 

 

$

422

 

 

$

66,991

 

 

 

Schedule of Finite-Lived Intangible Assets Estimated Future Amortization Expense Based on finite-lived intangible assets recorded as of December 31, 2021, the estimated future amortization expense for the next five years is as follows (in thousands):

 

Year Ending December 31,

 

Estimated

Amortization

Expense

 

2022

 

$

1,722

 

2023

 

 

1,733

 

2024

 

 

1,733

 

2025

 

 

1,733

 

2026

 

 

1,733

 

Thereafter

 

 

17,355