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Intangible Assets
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block] Goodwill and Other Intangibles Assets
Our intangible assets include goodwill, in-place leases, non-competition agreements, trademarks and trade names, customer relationships, and franchise agreements and other intangible assets. These intangible assets are recorded in Goodwill, and Other intangible assets, net on the Consolidated Balance Sheets.

The gross carrying amounts and accumulated amortization of our intangible assets are as follows (in thousands):

June 30, 2021December 31, 2020
Intangible AssetUseful LifeGross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
GoodwillIndefinite$448,317 N/A$428,833 N/A
In-place leases(1)
Expected term155,075 (109,559)145,531 (92,327)
Non-competition agreements5 years10,000 (1,000)10,000 — 
Trademarks and trade names
Various(2)
116,500 (417)116,500 — 
Customer relationships
7 - 10 years
107,958 (6,691)108,000 (2,371)
Franchise agreements and other intangible assets
5.5 - 20 years
28,355 (4,558)23,856 (3,578)
Total$866,205 $(122,225)$832,720 $(98,276)
(1)In-place leases as of June 30, 2021 include amounts related to certain assets previously held-for-sale, and included in Other assets, net, as of year ended December 31, 2020. Assets previously classified as held-for-sale were reclassified to held for investment as of January 1, 2021.
(2)All trademarks and trade names have an indefinite useful life except for one that has a three year useful life as of the acquisition date.

Goodwill impairment

Upon review of the qualitative factors in accordance with ASC 350-20, "Goodwill and Other," we determined that no impairment indicators existed as of June 30, 2021 and December 31, 2020. As a result, there was no impairment of goodwill during the six months ended June 30, 2021.
Goodwill was preliminary as of December 31, 2020, subject to revisions based on purchase price allocations for the Safe Harbor and Rybovich business combination acquisitions which are reflected in the revised goodwill balance at June 30, 2021. There was an incremental acquisition during the quarter ended June 30, 2021 which resulted in additional goodwill.

Other intangible assets, net

Amortization expenses related to the Other intangible assets are as follows (in thousands):

Three Months EndedSix Months Ended
Intangible Asset Amortization ExpenseJune 30, 2021June 30, 2020June 30, 2021June 30, 2020
In-place leases$6,977 $3,580 $16,793 $7,031 
Non-competition agreements500 — 1,000 — 
Trademarks and trade names209 — 417 — 
Customer relationships2,709 — 4,320 — 
Franchise fees and other intangible assets492 204 982 409 
Total$10,887 $3,784 $23,512 $7,440 

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

Remainder 20212022202320242025
In-place leases$10,418 $12,216 $8,730 $5,836 $4,996 
Non-competition agreements1,000 2,000 2,000 2,000 2,000 
Trademarks and trade names417 833 833 — — 
Customer relationships5,418 10,837 10,837 10,837 10,837 
Franchise agreements and other intangible assets993 1,986 1,957 1,893 1,872 
Total$18,246 $27,872 $24,357 $20,566 $19,705