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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the carrying amount of goodwill during the six months ended June 30, 2024 by reportable segment were as follows (in millions):
RVMarinaUKTotal
Balance as of December 31, 2023(1)
$9.5 $541.5 $182.0 $733.0 
Currency translation adjustments— — (1.3)(1.3)
Balance as of June 30, 2024
$9.5 $541.5 $180.7 $731.7 
Accumulated impairment losses as of June 30, 2024(2)
$— $— $369.9 $369.9 
(1) Recast to reflect segment changes.
(2) During the six months ended June 30, 2024, we performed a qualitative assessment of our goodwill balance in accordance with ASC 350-20, "Goodwill and Other." We reviewed relevant events and circumstances and concluded that the fair value of each respective reporting segment was more-likely-than-not greater than its carrying value. Accordingly, there were no goodwill impairment charges recorded during the six months ended June 30, 2024. For the three and six months ended June 30, 2023, we recorded aggregate non-cash impairment charges of $309.7 million and $325.1 million, respectively, within Goodwill impairment on the Consolidated Statements of Operations. The decline in fair value of the UK reporting segment was primarily driven by a higher weighted average cost of capital due to increases in interest rates, as well as inflationary pressures in the UK causing a decline in financial projections.
Schedule of Finite-Lived Intangible Assets
The gross carrying amounts and accumulated amortization of our intangible assets were as follows (in millions):

June 30, 2024December 31, 2023
Other Intangible AssetUseful LifeGross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
In-place leases
2 months - 13 years
$166.3 $(149.4)$166.0 $(146.2)
Non-competition agreements5 years10.5 (7.2)10.5 (6.2)
Trademarks and trade names
3 - 15 years
84.8 (15.1)85.3 (12.3)
Customer relationships
4 - 17 years
131.6 (43.7)131.6 (37.3)
Franchise agreements and other intangible assets
1 - 27 years
48.3 (15.9)48.4 (14.3)
Total finite-lived assets$441.5 $(231.3)$441.8 $(216.3)
Indefinite-lived assets - Trademarks, trade names and otherN/A144.0 — 144.0 — 
Total indefinite-lived assets$144.0 $— $144.0 $— 
Total$585.5 $(231.3)$585.8 $(216.3)
Schedule of Intangible Assets Amortization Expense
Amortization expenses related to our Other intangible assets were as follows (in millions):

Three Months EndedSix Months Ended
Other Intangible Asset Amortization ExpenseJune 30, 2024June 30, 2023June 30, 2024June 30, 2023
In-place leases$1.8 $3.2 $3.7 $6.8 
Non-competition agreements0.6 0.6 1.1 1.1 
Trademarks and trade names1.4 1.6 2.8 3.1 
Customer relationships3.2 3.1 6.4 6.3 
Franchise fees and other intangible assets0.6 0.8 1.3 1.7 
Total$7.6 $9.3 $15.3 $19.0 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
We anticipate amortization expense for Other intangible assets to be as follows for the next five years (in millions):

Other Intangible Asset Future Amortization ExpenseRemainder 20242025202620272028
In-place leases$3.4 $6.1 $3.9 $2.3 $0.9 
Non-competition agreements1.1 2.1 0.1 — — 
Trademarks and trade names3.0 5.7 5.7 5.4 5.4 
Customer relationships6.3 12.7 12.3 12.2 12.1 
Franchise agreements and other intangible assets1.5 3.0 2.7 2.5 2.5 
Total$15.3 $29.6 $24.7 $22.4 $20.9