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Schedule of Real Estate and Accumulated Depreciation (Subsidiary)
 12 Months Ended
Dec. 31, 2024
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]  
Schedule of Real Estate and Accumulated Depreciation
SCHEDULE III
LAMAR ADVERTISING COMPANY
AND SUBSIDIARIES
Schedule of Real Estate and Accumulated Depreciation
December 31, 2024, 2023 and 2022
(In thousands)
Description(1)
Encumbrances
Initial Cost(2)
Gross Carrying
Amount(3)
Accumulated
Depreciation		Construction
Date		Acquisition
Date		Useful Lives
360,487 Displays
— — $4,170,086 $(2,797,682)VariousVarious
5 to 20 years
(1)No single asset exceeded 5% of the total gross carrying amount at December 31, 2024
(2)This information is omitted, as it would be impracticable to compile such information on a site-by-site basis
(3)Includes sites under construction
The following table summarizes activity for the Company’s real estate assets, which consists of advertising displays and the related accumulated depreciation.
December 31, 2024December 31, 2023December 31, 2022
Gross real estate assets:
Balance at the beginning of the year$3,883,556 $3,745,006 $3,439,618 
Capital expenditures on new advertising displays(4)
34,030 80,241 85,972 
Capital expenditures on improvements/redevelopments of new/existing advertising displays24,762 26,127 23,850 
Capital expenditures other recurring(5)
253,950 42,703 141,030 
Land acquisitions(6)
8,719 24,064 31,061 
Acquisition of advertising displays(7)
3,153 9,285 64,223 
Assets sold or written-off(35,777)(44,442)(39,149)
Foreign exchange(2,307)572 (1,599)
Balance at the end of the year$4,170,086 $3,883,556 $3,745,006 
Accumulated depreciation:
Balance at the beginning of the year$2,529,560 $2,440,956 $2,287,590 
Depreciation300,855 124,072 185,820 
Assets sold or written-off(31,469)(35,791)(31,514)
Foreign exchange(1,264)323 (940)
Balance at the end of the year$2,797,682 $2,529,560 $2,440,956 
(4)Includes non-cash amounts of $377, $1,138 and $2,367 at December 31, 2024, 2023 and 2022, respectively
(5)Includes non-cash amounts of $211,246, $1,186 and $103,019 at December 31, 2024, 2023 and 2022, respectively, related to the revision in cost estimate included in the calculation of asset retirement obligations
(6)Includes preliminary allocation of assets acquired during 2022
(7)Includes non-cash amounts of $72, $3,052 and $11,132 at December 31, 2024, 2023 and 2022, respectively
LAMAR MEDIA CORP. AND SUBSIDIARIES  
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]  
Schedule of Real Estate and Accumulated Depreciation
SCHEDULE III
LAMAR MEDIA CORP.
AND SUBSIDIARIES
Schedule of Real Estate and Accumulated Depreciation
December 31, 2024, 2023 and 2022
(In thousands)
Description(1)
Encumbrances
Initial Cost(2)
Gross Carrying Amount(3)
Accumulated DepreciationConstruction DateAcquisition DateUseful Lives
360,487 Displays
— — $4,170,086 $(2,797,682)VariousVarious
5 to 20 years
(1)No single asset exceeded 5% of the total gross carrying amount at December 31, 2024
(2)This information is omitted, as it would be impracticable to compile such information on a site-by-site basis
(3)Includes sites under construction
The following table summarizes activity for the Company’s real estate assets, which consists of advertising displays and the related accumulated depreciation.
December 31, 2024December 31, 2023December 31, 2022
Gross real estate assets:
Balance at the beginning of the year$3,883,556 $3,745,006 $3,439,618 
Capital expenditures on new advertising displays(4)
34,030 80,241 85,972 
Capital expenditures on improvements/redevelopments of new/existing advertising displays24,762 26,127 23,850 
Capital expenditures other recurring(5)
253,950 42,703 141,030 
Land acquisitions(6)
8,719 24,064 31,061 
Acquisition of advertising displays(7)
3,153 9,285 64,223 
Assets sold or written-off(35,777)(44,442)(39,149)
Foreign exchange(2,307)572 (1,599)
Balance at the end of the year$4,170,086 $3,883,556 $3,745,006 
Accumulated depreciation:
Balance at the beginning of the year$2,529,560 $2,440,956 $2,287,590 
Depreciation300,855 124,072 185,820 
Assets sold or written-off(31,469)(35,791)(31,514)
Foreign exchange(1,264)323 (940)
Balance at the end of the year$2,797,682 $2,529,560 $2,440,956 
(4)Includes non-cash amounts of $377, $1,138 and $2,367 at December 31, 2024, 2023 and 2022, respectively
(5)Includes non-cash amounts of $211,246, $1,186 and $103,019 at December 31, 2024, 2023 and 2022, respectively, related to the revision in cost estimate included in the calculation of asset retirement obligations
(6)Includes preliminary allocation of assets acquired during 2022
(7)Includes non-cash amounts of $72, $3,052 and $11,132 at December 31, 2024, 2023 and 2022, respectively