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Goodwill and Other Intangible Assets (Subsidiary)
12 Months Ended
Dec. 31, 2022
Goodwill [Line Items]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following is a summary of intangible assets at December 31, 2022 and 2021:
Estimated
Life
(Years)
20222021
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Amortizable Intangible Assets:
Customer lists and contracts
7 — 10
$720,051 $614,840 $676,846 $587,056 
Non-competition agreements
3 — 15
71,599 65,647 69,276 64,941 
Site locations152,864,854 1,781,164 2,619,531 1,680,333 
Other
2 — 15
52,164 40,392 51,261 39,407 
$3,708,668 $2,502,043 $3,416,914 $2,371,737 
Unamortizable Intangible Assets:
Goodwill$2,288,805 $253,536 $2,189,962 $253,536 
The changes in the gross carrying amount of goodwill for the years ended December 31, 2022 and 2021 are as follows:
Balance as of December 31, 2020$2,165,864 
Goodwill acquired during the year24,089 
Purchase price adjustments and other
Balance as of December 31, 2021$2,189,962 
Goodwill acquired during the year99,003 
Purchase price adjustments and other(160)
Balance as of December 31, 2022$2,288,805 
Amortization expense for the years ended December 31, 2022, 2021 and 2020 was $134,256, $114,319 and $110,201, respectively. The following is a summary of the estimated amortization expense for future years:
2023$132,937 
2024129,031 
2025125,563 
2026117,573 
2027113,580 
Thereafter587,941 
Total$1,206,625 
LAMAR MEDIA CORP. AND SUBSIDIARIES  
Goodwill [Line Items]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following is a summary of intangible assets at December 31, 2022 and 2021:
Estimated Life (Years)20222021
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Amortizable Intangible Assets:
Customer lists and contracts
7—10
$720,051 $614,840 $676,846 $587,056 
Non-competition agreement
3—15
71,599 65,647 69,276 64,942 
Site locations152,864,854 1,781,164 2,619,531 1,680,333 
Other
2—15
51,619 40,314 50,716 39,329 
$3,708,123 $2,501,965 $3,416,369 $2,371,660 
Unamortizable Intangible Assets:
Goodwill$2,277,784 $252,667 $2,178,941 $252,667 
The changes in the gross carrying amount of goodwill for the years ended December 31, 2022 and 2021 are as follows:
Balance as of December 31, 2020$2,154,844 
Goodwill acquired during the year24,089 
Purchase price adjustments and other
Balance as of December 31, 20212,178,941 
Goodwill acquired during the year99,003 
Purchase price adjustments and other(160)
Balance as of December 31, 2022$2,277,784