Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

The following is a summary of intangible assets at December 31, 2013 and December 31, 2012:


	Estimated Life (Years)		2013				2012
	Estimated Life (Years)		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortizable Intangible Assets:
Customer lists and contracts		7 — 10	$	492,299	$	463,188	$	482,883	$	455,549
Non-competition agreements		3 — 15		63,933		62,914		63,519		62,566
Site locations		15		1,495,635		1,106,947		1,449,181		1,009,631
Other		5 — 15		14,008		13,441		13,608		13,133

			$	2,065,875	$	1,646,490	$	2,009,191	$	1,540,879
Unamortizable Intangible Assets:
Goodwill			$	1,757,089	$	253,536	$	1,738,686	$	253,536

The changes in the gross carrying amount of goodwill for the year ended December 31, 2013 are as follows:


Balance as of December 31, 2012	$	1,738,686
Goodwill acquired during the year		18,631
Purchase price adjustments and other		(228	)
Impairment losses		—

Balance as of December 31, 2013	$	1,757,089

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

LAMAR MEDIA CORP [Member]

The following is a summary of intangible assets at December 31, 2013 and December 31, 2012:


	Estimated Life (Years)		2013				2012
	Estimated Life (Years)		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortizable Intangible Assets:
Customer lists and contracts		7—10	$	492,299	$	463,188	$	482,883	$	455,549
Non-competition agreement		3—15		63,933		62,914		63,519		62,566
Site locations		15		1,495,635		1,106,945		1,449,181		1,009,631
Other		5—15		13,463		13,364		13,063		13,063

			$	2,065,330	$	1,646,411	$	2,008,646	$	1,540,809
Unamortizable Intangible Assets:
Goodwill			$	1,746,068	$	252,667	$	1,727,665	$	252,667

The changes in the gross carrying amount of goodwill for the year ended December 31, 2013 are as follows:


Balance as of December 31, 2012	$	1,727,665
Goodwill acquired during the year		18,631
Purchase price adjustments and other		(228	)
Impairment losses		—

Balance as of December 31, 2013	$	1,746,068