INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

8.INTANGIBLE ASSETS

The Company has intangible assets with finite lives recognized in connection with acquisitions and long-term lease, management and operating agreements. The Company amortizes these intangible assets over their estimated useful lives.

The following table reflects the components of intangible assets at December 31, 2021 and 2020 (in thousands):

	December 31, 2021							December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Intangible Assets		Gross Carrying Amount		Accumulated Amortization			Net Intangible Assets
Lease and management agreements	$	59,758	$	(7,553	)	$	52,205	$	59,758	$	(6,557	)	$	53,201
Underlying contract value		2,593		(810	)		1,783		2,593		(745	)		1,848
Non-compete agreements		406		(406	)		—		406		(406	)		—
Other intangible assets		259		(224	)		35		259		(214	)		45
Total intangible assets	$	63,016	$	(8,993	)	$	54,023	$	63,016	$	(7,922	)	$	55,094

Amortization expense for intangible assets was $1.1 million and $1.2 million for the years ended December 31, 2021 and 2020, respectively. The following table presents estimated amortization expense related to intangible assets with finite lives for each of the next five years (in thousands):

2022	$	1,071
2023	$	1,071
2024	$	1,071
2025	$	1,065
2026	$	1,061