Intangible Assets Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

Finite-Lived Intangible Assets, Net [Abstract]

Schedule of Finite-Lived Intangible Assets

The gross carrying amounts, and accumulated amortization are as follows (in thousands):

		March 31, 2020					December 31, 2019
Intangible Asset	Useful Life	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
In-place leases	7 years	$	127,148	$	(77,999	)	$	127,313	$	(74,548	)
Franchise agreements and other intangible assets	7 - 20 years	16,944		(2,965		)	16,943		(2,760		)
Total		$	144,092	$	(80,964	)	$	144,256	$	(77,308	)

Schedule of Intangible Assets Amortization Expense

Total amortization expense related to the intangible assets are as follows (in thousands):

	Three Months Ended
Intangible Asset Amortization Expense	March 31, 2020		March 31, 2019
In-place leases	$	3,451	$	3,672
Franchise fees and other intangible assets	205		205
Total	$	3,656	$	3,877

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

We anticipate amortization expense for our intangible assets to be as follows for the next five years (in thousands):

	Year
	Remainder 2020		2021		2022		2023		2024
Estimated expense	$	11,665	$	15,164	$	10,562	$	7,187	$	4,825