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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill by segment consisted of the following:
(in thousands) | December 31, 2019 |  | December 31, 2018
Wireless | $ | 146,383 |  |  | $ | 146,383 |
Broadband | 2,687 |  |  | 114 |
Total Goodwill | $ | 149,070 |  |  | $ | 146,497 |
We acquired Big Sandy Broadband, Inc. (“Big Sandy”) on February 28, 2019. The $10 million acquisition price was allocated as follows: $4.6 million of property, plant and equipment; $2.8 million of subscriber relationships; and $2.6 million of goodwill. Other intangible assets consisted of the following:
| December 31, 2019 |  | December 31, 2018
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization and Other |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization and Other |  | Net
Indefinite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
Cable franchise rights | $ | 64,334 |  |  | $ | — |  |  | $ | 64,334 |  |  | $ | 64,334 |  |  | $ | — |  |  | $ | 64,334 |
FCC spectrum licenses | 13,839 |  |  | — |  |  | 13,839 |  |  | — |  |  | — |  |  | — |
Railroad crossing rights | 141 |  |  | — |  |  | 141 |  |  | 141 |  |  | — |  |  | 141 |
Total indefinite-lived intangibles | 78,314 |  |  | — |  |  | 78,314 |  |  | 64,475 |  |  | — |  |  | 64,475 |
Finite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
Sprint affiliate contract expansion - Wireless | 455,305 |  |  | (226,712 | ) |  | 228,593 |  |  | 455,305 |  |  | (167,830 | ) |  | 287,475 |
FCC spectrum licenses | 4,659 |  |  | (97 | ) |  | 4,562 |  |  | — |  |  | — |  |  | — |
Favorable leases - Wireless | — |  |  | — |  |  | — |  |  | 15,743 |  |  | (1,919 | ) |  | 13,824 |
Acquired subscribers - Cable | 28,065 |  |  | (25,600 | ) |  | 2,465 |  |  | 25,265 |  |  | (25,250 | ) |  | 15 |
Other intangibles | 463 |  |  | (250 | ) |  | 213 |  |  | 463 |  |  | (223 | ) |  | 240 |
Total finite-lived intangibles | 488,492 |  |  | (252,659 | ) |  | 235,833 |  |  | 496,776 |  |  | (195,222 | ) |  | 301,554 |
Total intangible assets | $ | 566,806 |  |  | $ | (252,659 | ) |  | $ | 314,147 |  |  | $ | 561,251 |  |  | $ | (195,222 | ) |  | $ | 366,029 |
In 2016, we acquired nTelos Holdings Corp. and immediately transferred certain of the acquired assets to Sprint in an interrelated nonmonetary exchange. In the exchange, we received a corresponding expansion of our Sprint Affiliate Area, future billings associated with Sprint subscribers already in that expanded area, and an increase in the price that Sprint would pay to buy our Wireless asset group in the event that either party chooses not to renew the affiliate agreement. Sprint also agreed to waive up to $4.2 million of our monthly management fee, not to exceed $255.6 million in total, over a multi-year period. We accounted for these collective rights as an ACE intangible, which is amortized over the expected benefit period and further reduced as management fees are waived by Sprint. We realized management fee waivers of $38.8 million, $37.8 million and $36.1 million for the years ended December 31, 2019, 2018 and 2017, respectively, and $137.2 million since the date of the business combination. During 2017 and 2018, we entered into purchase agreements with Sprint to further expand our affiliate territory to include areas around Parkersburg, West Virginia, and Richmond, Virginia, respectively. The relevant portion of these payments were also capitalized as ACE intangible assets. Amounts paid in connection with the acquisition of a business are presented as amortization expense in our income statement. Amounts paid to Sprint outside of a business combination are accounted for as consideration paid to a customer with amortization presented as a reduction of Service and other revenue in our consolidated statements of comprehensive income. During the third quarter of 2019, the Company purchased certain indefinite-lived spectrum licenses for $13.8 million and finite-lived spectrum licenses for $4.7 million. For the years ended December 31, 2019, 2018 and 2017, amortization of intangible assets was approximately $20.5 million, $24.6 million and $27.5 million, respectively. Our finite-lived intangible assets are amortized over the following estimated useful lives:
|  | Estimated Useful Life
Affiliate contract expansion - Wireless |  | 4 - 14 years
FCC spectrum licenses |  | 18 - 20 years
Acquired subscribers - Broadband |  | 3 - 10 years
Other intangibles |  | 15 - 20 years
The following table summarizes expected amortization of intangible assets at December 31, 2019:
(in thousands) |  | Amortization of Intangible Assets (1)
2020 |  | $ | 17,857 |
2021 |  | 15,153 |
2022 |  | 13,709 |
2023 |  | 13,499 |
2024 |  | 13,499 |
Thereafter |  | 43,772 |
Total |  | $ | 117,489 |
_______________________________________________________ (1) The Company expects to further reduce affiliate contract expansion by approximately $118.4 million as waived management fees are received from Sprint.

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