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):



		March 31,			December 31,
Intangible assets		2026			2025
Gross intangible assets		$	426,510		$	281,356
Accumulated amortization			(234,851)			(254,686)
Intangible assets		$	191,659		$	26,670
Weighted average remaining amortization period in years			2			1

During the three months ended March 31, 2026, in conjunction with the Company’s acquisitions of real estate, the Company acquired $189 million of intangible assets with a weighted average amortization period at acquisition of three years. Other activity during the three months ended March 31, 2026 includes the write-off of fully depreciated assets.