Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2018

The changes in the carrying amount of franchise assets and goodwill for 2018 and 2017 were as follows:


	Franchise Assets		Net Goodwill
	(In thousands)
Balance at December 31, 2016	$	74,900	$	472,437	(1)
Prior year acquisition allocations	—		59,980
Reductions from dispositions	(1,400)		(5,737)
Reductions from impairment	(3,600)		(900)
Balance at December 31, 2017	$	69,900	$	525,780	(2)
Additions through current year acquisitions	—		—
Reductions from dispositions	(2,100)		(16,188)
Reductions from impairment	(2,100)		—
Prior year acquisition allocations	—		—
Balance at December 31, 2018	$	65,700	$	509,592	(2)

(1) Net of accumulated impairment losses of $796.7 million.

(2) Net of accumulated impairment losses of $797.6 million.

Definite life intangible assets consist of the following:


	December 31, 2018		December 31, 2017
	(In thousands)
Favorable lease agreements	$	17,245	$	17,317
Less accumulated amortization	(13,240)		(12,628)
Definite life intangibles, net	$	4,005	$	4,689

Future amortization expense is as follows: