v3.26.1
INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2026
INTANGIBLE ASSETS  
Schedule of intangible assets

Intangible assets consist of the following as of June 30, 2026 and December 31, 2025 (in thousands):

  ​ ​ ​

As of June 30, 2026

Useful Life

Gross Value

Accumulated Amortization

Net Carrying Value

Weighted Average Remaining Useful Life

Management services agreements

17-21 years

$

17,100

$

(1,463)

$

15,637

17.5 years

Trade name

5 years

2,590

(807)

1,783

3.5 years

$

19,690

$

(2,270)

$

17,420

  ​ ​ ​

As of December 31, 2025

Useful Life

Gross Value

Accumulated Amortization

Net Carrying Value

Weighted Average Remaining Useful Life

Management services agreements

17-21 years

$

17,100

$

(993)

$

16,107

18 years

Trade name

5 years

2,590

(548)

2,042

4 years

$

19,690

$

(1,541)

$

18,149

Schedule of amortization expense

Amortization expense over the remaining life of the intangible assets will be recognized as follows (in thousands):

Year

  ​ ​ ​

Amortization expense

Remainder of 2026

$

728

2027

1,457

2028

1,457

2029

1,428

2030

939

Thereafter

11,411

$

17,420