Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2017

Summary of Intangible Assets

The following is a summary of intangible assets at December 31, 2017 and December 31, 2016:

	Estimated		2017				2016
	Life (Years)		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortizable Intangible Assets:
Customer lists and contracts	7 — 10		$	586,055	$	505,778	$	559,513	$	490,514
Non-competition agreements	3 — 15			65,477		63,924		64,646		63,692
Site locations		15		2,072,059		1,372,954		1,885,554		1,318,976
Other	2 — 15			45,741		30,328		14,174		13,552
			$	2,769,332	$	1,972,984	$	2,523,887	$	1,886,734
Unamortizable Intangible Assets:
Goodwill			$	1,993,990	$	253,536	$	1,979,894	$	253,536

Summary of Changes in Gross Carrying Amount of Goodwill

The changes in the gross carrying amount of goodwill for the year ended December 31, 2017 are as follows:

Balance as of December 31, 2016	$	1,979,894
Goodwill acquired during the year		13,925
Purchase price adjustments and other		171
Impairment losses		—
Balance as of December 31, 2017	$	1,993,990

Summary of Estimated Amortization Expense

The following is a summary of the estimated amortization expense for future years:

2018	$	93,725
2019		88,036
2020		77,878
2021		72,693
2022		67,323
Thereafter		396,693
Total	$	796,348

LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]

Summary of Intangible Assets

The following is a summary of intangible assets at December 31, 2017 and December 31, 2016:

	Estimated		2017				2016
	Life (Years)		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortizable Intangible Assets:
Customer lists and contracts	7—10		$	586,055	$	505,778	$	559,513	$	490,514
Non-competition agreement	3—15			65,477		63,924		64,646		63,692
Site locations		15		2,072,059		1,372,954		1,885,554		1,318,976
Other	2—15			45,195		30,251		13,629		13,475
			$	2,768,786	$	1,972,907	$	2,523,342	$	1,886,657
Unamortizable Intangible Assets:
Goodwill			$	1,982,970	$	252,667	$	1,968,874	$	252,667

Summary of Changes in Gross Carrying Amount of Goodwill

The changes in the gross carrying amount of goodwill for the year ended December 31, 2017 are as follows:

Balance as of December 31, 2016	$	1,968,874
Goodwill acquired during the year		13,925
Purchase price adjustments and other		171
Impairment losses		—
Balance as of December 31, 2017	$	1,982,970