XML 64 R35.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Summary of Intangible Assets | The following is a summary of intangible assets at December 31, 2014 and December 31, 2013:
|  | Estimated Life (Years) |  | 2014 |  |  | 2013 |
|  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and contracts |  | 7 — 10 |  | $ | 499,310 |  |  | $ | 470,170 |  |  | $ | 492,299 |  |  | $ | 463,188 |
Non-competition agreements |  | 3 — 15 |  |  | 64,062 |  |  |  | 63,192 |  |  |  | 63,933 |  |  |  | 62,914 |
Site locations |  | 15 |  |  | 1,531,161 |  |  |  | 1,194,709 |  |  |  | 1,495,635 |  |  |  | 1,106,947 |
Other |  | 5 — 15 |  |  | 14,008 |  |  |  | 13,485 |  |  |  | 14,008 |  |  |  | 13,441 |
|  |  |  | $ | 2,108,541 |  |  | $ | 1,741,556 |  |  | $ | 2,065,875 |  |  | $ | 1,646,490 |
Unamortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | $ | 1,766,304 |  |  | $ | 253,536 |  |  | $ | 1,757,089 |  |  | $ | 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, 2014 are as follows:
Balance as of December 31, 2013 |  | $ | 1,757,089 |
Goodwill acquired during the year |  |  | 9,457 |
Purchase price adjustments and other |  |  | (242 | )
Impairment losses |  |  | — |
Balance as of December 31, 2014 |  | $ | 1,766,304 |
Summary of Estimated Amortization Expense | The following is a summary of the estimated amortization expense for future years:
2015 |  | $ | 62,020 |
2016 |  |  | 51,809 |
2017 |  |  | 46,562 |
2018 |  |  | 41,849 |
2019 |  |  | 36,547 |
Thereafter |  |  | 128,198 |
Total |  | $ | 366,985 |
LAMAR MEDIA CORP [Member] |
Summary of Intangible Assets | The following is a summary of intangible assets at December 31, 2014 and December 31, 2013:
|  | Estimated |  | 2014 |  |  | 2013 |
| Life (Years) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and contracts |  | 7—10 |  | $ | 499,311 |  |  | $ | 470,170 |  |  | $ | 492,299 |  |  | $ | 463,188 |
Non-competition agreement |  | 3—15 |  |  | 64,062 |  |  |  | 63,192 |  |  |  | 63,933 |  |  |  | 62,914 |
Site locations |  | 15 |  |  | 1,531,161 |  |  |  | 1,194,709 |  |  |  | 1,495,635 |  |  |  | 1,106,945 |
Other |  | 5—15 |  |  | 13,463 |  |  |  | 13,408 |  |  |  | 13,463 |  |  |  | 13,364 |
|  |  |  | $ | 2,107,997 |  |  | $ | 1,741,479 |  |  | $ | 2,065,330 |  |  | $ | 1,646,411 |
Unamortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | $ | 1,755,283 |  |  | $ | 252,667 |  |  | $ | 1,746,068 |  |  | $ | 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, 2014 are as follows:
Balance as of December 31, 2013 |  | $ | 1,746,068 |
Goodwill acquired during the year |  |  | 9,457 |
Purchase price adjustments and other |  |  | (242 | )
Impairment losses |  |  | — |
Balance as of December 31, 2014 |  | $ | 1,755,283 |

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_SubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |