Intangible assets consist of in-place resident contract intangibles that were recognized upon acquisition of the related communities. The following table summarizes the Company’s intangible assets (dollars in thousands):



		June 30,			December 31,
Intangible assets		2026			2025
Gross intangible assets		$	352,973		$	281,356
Accumulated amortization			(156,252)			(254,686)
Intangible assets		$	196,721		$	26,670

Weighted average remaining amortization period in years			3			1

During the six months ended June 30, 2026, in conjunction with the Company’s acquisitions of real estate, the Company acquired $219 million of intangible assets with a weighted average amortization period at acquisition of three years. Other activity during the six months ended June 30, 2026 includes the write-off of fully amortized assets.