Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Carrying Amount of Goodwill

As part of the transaction with Everstream (see Note 7), we reclassified the associated assets and liabilities held for sale, including $17.8 million of goodwill and $10.7 million of intangible assets.

Changes in the carrying amount of goodwill occurring during the year ended December 31, 2020 and 2019, are as follows:

(Thousands)	Fiber Infrastructure			Total
Goodwill at December 31, 2018	$	692,385		$	692,385
Goodwill purchase accounting adjustments		(1,269	)		(1,269	)
Goodwill associated with 2019 acquisitions		(444	)		(444	)
Goodwill at December 31, 2019		690,672			690,672
Goodwill impairment (Note 3)		(71,000	)		(71,000	)
Goodwill reclassified to held for sale		(17,794	)		(17,794	)
Goodwill at December 31, 2020	$	601,878		$	601,878

Schedule of Carrying Value of Other Intangible Assets

The carrying value of our other intangible assets is as follows:

(Thousands)	December 31, 2020						December 31, 2019
	Cost			Accumulated Amortization			Cost			Accumulated Amortization
Indefinite life intangible assets:
Trade name	$	-		$	-		$	2,000		$	-
Finite life intangible assets:
Customer lists		416,104			(82,989	)		450,603			(93,794	)
Contracts (Note 6)		48,269			(1,068	)
In-place lease (1)		-			-			50,705			(845	)
Underlying rights (1)		10,497			(87	)		124,696			(1,386	)
Total intangible assets		474,870						628,004
Less: accumulated amortization		(84,145	)					(96,025	)
Total intangible assets, net	$	390,725					$	531,979
Finite life intangible liabilities:
Acquired below-market leases	$	190,086		$	(2,200	)	$	-		$	-
Total intangible liabilities		190,086						-
Less: accumulated amortization		(2,200	)					-
Total intangible liabilities, net	$	187,886					$	-

⁽¹⁾ The Propco's intangible assets were sold on July 1, 2020. See Note 6.