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Intangible Assets | 9 Months Ended
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Sep. 30, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Intangible Assets | Intangible Assets Our identifiable intangible assets primarily consist of acquired permits and leasehold agreements and franchise agreements that grant us the right to operate out-of-home structures in specified locations and the right to provide advertising space on railroad and municipal transit properties. Identifiable intangible assets are amortized on a straight-line basis over their estimated useful life, which in some cases includes historical experience of renewals. Our identifiable intangible assets consist of the following:
(in millions) |  | Gross |  | Accumulated Amortization |  | Net
As of September 30, 2015: |  |  |  |  |  |
Permits and leasehold agreements |  | $ | 1,112.3 |  |  | $ | (695.4 | ) |  | $ | 416.9 |
Franchise agreements |  | 472.0 |  |  | (333.8 | ) |  | 138.2 |
Other intangible assets |  | 40.0 |  |  | (7.5 | ) |  | 32.5 |
Total intangible assets |  | $ | 1,624.3 |  |  | $ | (1,036.7 | ) |  | $ | 587.6 |
As of December 31, 2014: |  |  |  |  |  |
Permits and leasehold agreements |  | $ | 1,119.2 |  |  | $ | (677.2 | ) |  | $ | 442.0 |
Franchise agreements |  | 474.7 |  |  | (321.1 | ) |  | 153.6 |
Other intangible assets |  | 39.9 |  |  | (2.3 | ) |  | 37.6 |
Total intangible assets |  | $ | 1,633.8 |  |  | $ | (1,000.6 | ) |  | $ | 633.2 |
All of our identifiable intangible assets, except goodwill, are subject to amortization. Amortization expense was $29.1 million for the three months ended September 30, 2015, and $22.8 million for the three months ended September 30, 2014, which includes the amortization of direct lease acquisition costs of $9.4 million for the three months ended September 30, 2015, and $8.8 million for the three months ended September 30, 2014. Amortization expense was $86.1 million for the nine months ended September 30, 2015, and $67.3 million for the nine months ended September 30, 2014, which includes the amortization of direct lease acquisition costs of $26.1 million for the nine months ended September 30, 2015, and $24.2 million for the nine months ended September 30, 2014. Direct lease acquisition costs are amortized on a straight-line basis over the related customer lease term, which generally ranges from four weeks to one year.

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- Definition The entire disclosure for all or part of the information related to 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 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 + Details
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