Intangible Assets, Net

9 Months Ended

Sep. 30, 2022

Intangible Assets, Net [Abstract]

Intangible Assets, Net

8.INTANGIBLE ASSETS, NET

Intangible assets, exclusive of goodwill, consisted of the following at September 30, 2022:

	Gross				Accumulated		Net
	Carrying		Accumulated		Impairment		Carrying
	Amount		Amortization		Loss		Amount
Finite-lived intangible assets:
Long-term franchise agreements and contracts	$	787,112	$	(283,638)	$	—	$	503,474
Customer lists		769,618		(505,380)		—		264,238
Permits and other		629,199		(108,353)		—		520,846
		2,185,929		(897,371)		—		1,288,558
Indefinite-lived intangible assets:
Solid waste collection and transportation permits		181,613		—		—		181,613
E&P facility permits		59,855		—		(40,784)		19,071
		241,468		—		(40,784)		200,684
Intangible assets, exclusive of goodwill	$	2,427,397	$	(897,371)	$	(40,784)	$	1,489,242

The weighted-average amortization period of long-term franchise agreements and contracts acquired during the nine months ended September 30, 2022 was 34.7 years. The weighted-average amortization period of customer lists acquired during the nine months ended September 30, 2022 was 11.5 years.  The weighted-average amortization period of finite-lived permits and other acquired during the nine months ended September 30, 2022 was 40.0 years.

Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2021:

	Gross				Accumulated		Net
	Carrying		Accumulated		Impairment		Carrying
	Amount		Amortization		Loss		Amount
Finite-lived intangible assets:
Long-term franchise agreements and contracts	$	724,128	$	(278,827)	$	—	$	445,301
Customer lists		711,047		(450,109)		—		260,938
Permits and other		538,481		(94,807)		—		443,674
		1,973,656		(823,743)		—		1,149,913
Indefinite-lived intangible assets:
Solid waste collection and transportation permits		181,613		—		—		181,613
E&P facility permits		59,855		—		(40,784)		19,071
		241,468		—		(40,784)		200,684
Intangible assets, exclusive of goodwill	$	2,215,124	$	(823,743)	$	(40,784)	$	1,350,597

Estimated future amortization expense for the next five years relating to finite-lived intangible assets owned as of September 30, 2022 is as follows:

For the year ending December 31, 2022	$	152,928
For the year ending December 31, 2023	$	139,704
For the year ending December 31, 2024	$	122,246
For the year ending December 31, 2025	$	105,661
For the year ending December 31, 2026	$	90,203