The table below summarizes goodwill by business segment as of September 30, 2024, and December 31, 2023.



(Dollars in thousands)	Cinema		Real Estate		Total
Balance at December 31, 2023	$	20,311	$	5,224	$	25,535
Foreign currency translation adjustment		180		—		180
Balance at September 30, 2024	$	20,491	$	5,224	$	25,715

Our Company is required to test goodwill and other intangible assets for impairment on an annual basis and, if current events or circumstances require them, on an interim basis. Our next annual evaluation of goodwill and other intangible assets is scheduled during the fourth quarter of 2024. To test the impairment of goodwill, our Company compares the fair value of each reporting unit to its carrying amount, including the goodwill, to determine if there is potential goodwill impairment. A reporting unit is generally one level below the operating segment. As of September 30, 2024, we were not aware that any events indicating potential impairment of goodwill had occurred outside of those described at Note 3 – Liquidity and Impairment Assessment.

The tables below summarize intangible assets other than goodwill, as of September 30, 2024, and December 31, 2023, respectively.



	As of September 30, 2024
(Dollars in thousands)	Beneficial ‎Leases		Trade ‎Name		Other ‎Intangible ‎Assets		Total
Gross carrying amount	$	10,458	$	9,024	$	4,410	$	23,892
Less: Accumulated amortization		(10,288)		(8,067)		(3,696)		(22,051)
Net intangible assets other than goodwill	$	170	$	957	$	714	$	1,841



	As of December 31, 2023
(Dollars in thousands)	Beneficial ‎Leases		Trade ‎Name		Other ‎Intangible ‎Assets		Total
Gross carrying amount	$	11,283	$	9,024	$	4,400	$	24,707
Less: Accumulated amortization		(11,089)		(7,961)		(3,611)		(22,661)
Less: Impairments		—		—		(8)		(8)
Net intangible assets other than goodwill	$	194	$	1,063	$	781	$	2,038

Beneficial leases obtained in business combinations where we are the landlord are amortized over the life of the relevant leases. Trade names are amortized based on the accelerated amortization method over their estimated useful life of 30 years, and other intangible assets are amortized over their estimated useful lives of up to 30 years (except for transferrable liquor licenses, which are indefinite-lived assets). The table below summarizes the amortization expense of intangible assets for the quarter and nine months ended September 30, 2024



	Quarter Ended				Nine Months Ended
	September 30,				September 30,
(Dollars in thousands)	2024		2023		2024		2023
Beneficial lease amortization	$	21	$	21	$	64	$	43
Other amortization		60		129		143		182
Total intangible assets amortization	$	81	$	150	$	207	$	225