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Intangible Assets - Net
 3 Months Ended
Mar. 31, 2014
INTANGIBLE ASSETS — Net [Abstract]  
Intangible Assets Disclosure [Text Block]
INTANGIBLE ASSETS — Net
 
 
Weighted Average Life (Years)
 
March 31, 2014
 
December 31, 2013
 
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
 
Intangible Assets
 
 
 
 
Net
 
 
 
Net
Lease acquisition costs
 
15.5
 
$
684

 
$
(600
)
 
$
84

 
$
684

 
$
(589
)
 
$
95

Favorable lease
 
15.0
 
1,596

 
(558
)
 
1,038

 
1,596

 
(532
)
 
1,064

Assembled occupancy
 
0.5
 
3,059

 
(2,999
)
 
60

 
2,979

 
(2,948
)
 
31

Facility trade name
 
30.0
 
733

 
(202
)
 
531

 
733

 
(195
)
 
538

Customer relationships
 
20.0
 
4,200

 
(263
)
 
3,937

 
4,200

 
(210
)
 
3,990

Total
 
 
 
$
10,272

 
$
(4,622
)
 
$
5,650

 
$
10,192

 
$
(4,474
)
 
$
5,718


Amortization expense was $148 and $182 for the three months ended March 31, 2014 and 2013, respectively. Of the $148 in amortization expense incurred during the three months ended March 31, 2014, approximately $51 related to the amortization of patient base intangible assets at recently acquired facilities, which is typically amortized over a period of four to eight months, depending on the classification of the patients and the level of occupancy in a new acquisition on the acquisition date.
Estimated amortization expense for each of the years ending December 31 is as follows:
Year
Amount
2014 (remainder)
$
349

2015
385

2016
365

2017
345

2018
345

2019
345

Thereafter
3,516

 
$
5,650