Intangibles, net

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Intangibles, net

5. Intangibles, net

The gross carrying amount and accumulated amortization of the Company’s intangibles as of March 31, 2019 and December 31, 2018, excluding assets held for sale, are as follows:

	March 31,			December 31,
	2019			2018
In-place resident agreement intangibles	$	2,569,419		$	2,569,419
Less: accumulated amortization		(1,328,552	)		(1,071,610	)
Intangible assets, net	$	1,240,867		$	1,497,809

For the three months ended March 31, 2019 and 2018, amortization on the Company’s intangibles was approximately $0.3 million and $0.1 million, respectively, all of which was included in depreciation and amortization.