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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2020
Goodwill and Other Intangible Assets | (6) Goodwill and Other Intangible Assets The following is a summary of intangible assets at December 31, 2020 and 2019:
|  | Estimated |  |  | 2020 |  |  | 2019 |
|  | Life (Years) |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and contracts |  | 7 — 10 |  |  | $ | 645,739 |  |  | $ | 563,135 |  |  | $ | 641,714 |  |  | $ | 539,405 |
Non-competition agreements |  | 3 — 15 |  |  |  | 66,156 |  |  |  | 64,647 |  |  |  | 66,014 |  |  |  | 64,379 |
Site locations |  |  | 15 |  |  |  | 2,412,745 |  |  |  | 1,593,805 |  |  |  | 2,384,520 |  |  |  | 1,509,335 |
Other |  | 2 — 15 |  |  |  | 50,018 |  |  |  | 38,625 |  |  |  | 49,864 |  |  |  | 36,749 |
|  |  |  |  |  | $ | 3,174,658 |  |  | $ | 2,260,212 |  |  | $ | 3,142,112 |  |  | $ | 2,149,868 |
Unamortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  |  |  | $ | 2,165,864 |  |  | $ | 253,536 |  |  | $ | 2,165,810 |  |  | $ | 253,536 |
The changes in the gross carrying amount of goodwill for the years ended December 31, 2020 and 2019 are as follows:
Balance as of December 31, 2018 |  | $ | 2,172,922 |
Goodwill acquired during the year |  |  | 29,360 |
Purchase price adjustments and other |  |  | (36,472 | )
Impairment losses |  |  | — |
Balance as of December 31, 2019 |  | $ | 2,165,810 |
Goodwill acquired during the year |  |  | — |
Purchase price adjustments and other |  |  | 54 |
Impairment losses |  |  | — |
Balance as of December 31, 2020 |  | $ | 2,165,864 |
Amortization expense for the years ended December 31, 2020, 2019 and 2018 was $110,201, $113,679 and $95,010, respectively. The following is a summary of the estimated amortization expense for future years:
2021 |  | $ | 106,816 |
2022 |  |  | 101,964 |
2023 |  |  | 91,133 |
2024 |  |  | 87,320 |
2025 |  |  | 83,959 |
Thereafter |  |  | 443,254 |
Total |  | $ | 914,446 |
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member] |
Goodwill and Other Intangible Assets | (3) Goodwill and Other Intangible Assets The following is a summary of intangible assets at December 31, 2020 and 2019:
|  | Estimated |  |  | 2020 |  |  | 2019 |
|  | Life (Years) |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and contracts |  | 7—10 |  |  | $ | 645,739 |  |  | $ | 563,135 |  |  | $ | 641,714 |  |  | $ | 539,405 |
Non-competition agreement |  | 3—15 |  |  |  | 66,156 |  |  |  | 64,647 |  |  |  | 66,014 |  |  |  | 64,379 |
Site locations |  |  | 15 |  |  |  | 2,412,745 |  |  |  | 1,593,805 |  |  |  | 2,384,520 |  |  |  | 1,509,335 |
Other |  | 2—15 |  |  |  | 49,472 |  |  |  | 38,547 |  |  |  | 49,318 |  |  |  | 36,671 |
|  |  |  |  |  | $ | 3,174,112 |  |  | $ | 2,260,134 |  |  | $ | 3,141,566 |  |  | $ | 2,149,790 |
Unamortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  |  |  | $ | 2,154,844 |  |  | $ | 252,667 |  |  | $ | 2,154,790 |  |  | $ | 252,667 |
The changes in the gross carrying amount of goodwill for the years ended December 31, 2020 and 2019 are as follows:
Balance as of December 31, 2018 |  | $ | 2,161,902 |
Goodwill acquired during the year |  |  | 29,360 |
Purchase price adjustments and other |  |  | (36,472 | )
Impairment losses |  |  | — |
Balance as of December 31, 2019 |  |  | 2,154,790 |
Goodwill acquired during the year |  |  | — |
Purchase price adjustments and other |  |  | 54 |
Impairment losses |  |  | — |
Balance as of December 31, 2020 |  | $ | 2,154,844 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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- Details
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