Current report filing

INTANGIBLES

v2.4.0.8
INTANGIBLES
12 Months Ended
Dec. 31, 2012
Intangibles  
INTANGIBLES
9.  INTANGIBLES

The following table summarizes Newcastle’s intangibles related to its senior living real estate:
 
   
December 31, 2012
   
December 31, 2011
 
             
   
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
 
In-place resident lease intangibles
  $ 22,711     $ (4,205 )   $ 18,506     $     $     $  
Non-compete intangibles
    600       (20 )     580                    
Total intangibles
  $ 23,311     $ (4,225 )   $ 19,086     $     $     $  
 
The unamortized balance of in-place lease and other intangible assets at December 31, 2012 will be charged to depreciation and amortization expense through 2017 as follows:
 
2013
  $ 11,475  
2014
    7,271  
2015
    120  
2016
    120  
2017
    100  
Thereafter
     
    $ 19,086