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OTHER ASSETS
12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Other assets consist of the following (dollars in thousands):
December 31,
20242023
Customer in-place leases, net of accumulated amortization of $380 and $3,263, respectively
$1,058 $1,609 
Receivables:
Trade, net8,689 9,842 
Tenant insurance, former PROs and other10,169 7,784 
Receivable from unconsolidated real estate ventures8,057 4,446 
Property acquisition deposits198 — 
Interest rate swaps22,596 29,610 
Prepaid expenses and other11,392 14,743 
Corporate furniture, equipment and other, net2,916 2,659 
Trade name12,256 8,851 
Management contracts, net of accumulated amortization of $9,117 and $6,777, respectively
42,848 14,049 
Tenant reinsurance intangible assets, net of accumulated amortization of $6,264 and $3,839, respectively
90,121 32,227 
Goodwill8,182 8,182 
Total$218,482 $134,002 
Amortization expense related to customer in-place leases amounted to $2.1 million, $8.3 million and $34.4 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The Company measured the fair value of the trade name, which has an indefinite life and is not amortized, using the relief from royalty method at acquisition.
The management contract assets and tenant reinsurance intangible assets are charged to amortization expense on a straight-line basis over 15 years and 25 years, respectively, which represent the useful lives of the intangible assets determined by the Company. Amortization expense related to the management contracts amounted to $3.2 million, $1.4 million and $1.2 million for the years ended December 31, 2024, 2023 and 2022 respectively. Amortization expense related to the tenant reinsurance intangible assets amounted to $2.4 million, $1.4 million and $1.0 million for the years ended December 31, 2024, 2023 and 2022 respectively.
Future Intangible Asset Amortization
As of December 31, 2024, the estimated aggregate amortization expense for the Company's customer in-place leases, management contracts and tenant reinsurance intangible assets for the succeeding five years are as follows (in thousands):
Year Ending December 31,Total Aggregate Estimated Amortization Expense
2025$8,170 
20267,112 
20277,112 
20287,112 
20297,112 
Thereafter97,409 
Total$134,027