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Asset Retirement Obligations
9 Months Ended
Sep. 30, 2018
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, 2017

 

$

215,089

 

Additions to asset retirement obligations

 

 

793

 

Accretion expense

 

 

3,332

 

Liabilities settled

 

 

(3,164

)

Balance at September 30, 2018

 

$

216,050