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Asset Retirement Obligations
6 Months Ended
Jun. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations

6. Asset Retirement Obligations

The Company’s asset retirement obligations include the costs associated with the removal of its structures, resurfacing of the land and retirement cost, if applicable, related to the Company’s outdoor advertising portfolio. The following table reflects information related to our asset retirement obligations:

 

Balance at December 31, 2015

 

$

206,234

 

Additions to asset retirement obligations

 

 

4,662

 

Accretion expense

 

 

2,143

 

Liabilities settled

 

 

(2,790

)

Balance at June 30, 2016

 

$

210,249