Annual report pursuant to Section 13 and 15(d)

Other Assets and Other Intangible Assets

v2.4.1.9
Other Assets and Other Intangible Assets
 12 Months Ended
Dec. 28, 2014
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 28, 2014 and December 29, 2013 are summarized as follows:
 
Average Life at December 28, 2014
2014
 
2013
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Finite-lived assets:
 
 
 
 
 
 
 
 
 
 
 
 
Loan origination costs
2.9
$
224

 
$
(93
)
 
$
131

 
$
225

 
$
(49
)
 
$
176

Lease acquisition costs
12.0
1,581

 
(265
)
 
1,316

 
1,193

 
(194
)
 
999

Total finite-lived assets
 
1,805

 
(358
)
 
1,447

 
1,418

 
(243
)
 
1,175

Indefinite-lived assets:
 
 
 
 
 
 
 
 
 
 
 
 
Liquor license
 
75

 
—

 
75

 
75

 
—

 
75

Total indefinite-lived assets
 
75

 
—

 
75

 
75

 
—

 
75

Total other assets and other intangible assets
 
$
1,880

 
$
(358
)
 
$
1,522

 
$
1,493

 
$
(243
)
 
$
1,250


Amortization expense was $0.1 million, $0.1 million and $2.0 million for the years ended December 28, 2014, December 29, 2013 and December 30, 2012, 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:
 
2015
$
123

2016
123

2017
119

2018
76

2019
73

Thereafter
933

 
$
1,447