v3.26.1
Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Assets
3.
Intangible Assets
Intangible Assets, Net consists of the following:
 
$
                        
$
                        
    
June 30,
2026
   
December 31,
2025
 
Finite-Lived Intangible Assets/Contractual Rights
  
$
 1,749,626
 
 
$
 1,749,626
 
Accumulated Amortization
  
 
(1,636,338
 
 
(1,618,267
  
 
 
   
 
 
 
Intangible Assets, Net
  
$
113,288
 
 
$
131,359
 
  
 
 
   
 
 
 
Amortization expense associated with Blackstone’s intangible assets was $9.0 million and $18.1 million for the three and six months ended June 30, 2026, respectively, and $9.0 million and $17.9 million for the three and six months ended June 30, 2025, respectively.
Amortization of Intangible Assets held at June 30, 2026 is expected to be $36.1 million, $35.1 million, $18.2 million, $17.0 million and $14.0 million for the years ending December 31, 2026, 2027, 2028, 2029 and 2030, respectively. Blackstone’s Intangible Assets as of June 30, 2026 are expected to amortize over a weighted-average period of 4.1 years.