Annual report pursuant to Section 13 and 15(d)

Other Assets and Other Intangible Assets

v2.4.0.8
Other Assets and Other Intangible Assets
 12 Months Ended
Dec. 29, 2013
Other Assets and Other Intangible Assets [Abstract]  
Other Assets and Other Intangible Assets
INTANGIBLE ASSETS
The major classes of other assets and other intangibles assets along with related accumulated amortization at December 29, 2013 and December 30, 2012 are summarized as follows:
 
Average Life at December 29, 2013
2013
 
2012
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Finite-lived assets:
 
 
 
 
 
 
 
 
 
 
 
 
Loan origination costs
3.9
$
225

 
$
(49
)
 
$
176

 
$
216

 
$
(4
)
 
$
212

Lease acquisition costs
13.0
1,193

 
(194
)
 
999

 
908

 
(134
)
 
774

Total finite-lived assets
 
1,418

 
(243
)
 
1,175

 
1,124

 
(138
)
 
986

Indefinite-lived assets:
 
 
 
 
 
 
 
 
 
 
 
 
Liquor license
 
75

 
—

 
75

 
35

 
—

 
35

Total indefinite-lived assets
 
75

 
—

 
75

 
35

 
—

 
35

Total other assets and other intangible assets
 
$
1,493

 
$
(243
)
 
$
1,250

 
$
1,159

 
$
(138
)
 
$
1,021


Amortization expense was $0.1 million, $2.0 million and $0.4 million for the years ended December 29, 2013, December 30, 2012 and December 25, 2011, respectively. Amortization expense for the year ended December 30, 2012 excluded the write off of unamortized loan origination costs which are included in the "Loss on extinguishment of debt" line item in the consolidated statements of income.
The following table represents the total estimated amortization of intangible assets for the five succeeding fiscal years:
For the Fiscal Years Ended:
 
2014
$
109

2015
109

2016
109

2017
105

2018
62

Thereafter
681

 
$
1,175