Intangible Assets Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

Finite-Lived Intangible Assets, Net [Abstract]

Schedule of Finite-Lived Intangible Assets

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

		June 30, 2021				December 31, 2020
Intangible Asset	Useful Life	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Goodwill	Indefinite	$	448,317	N/A		$	428,833	N/A
In-place leases(1)	Expected term	155,075		(109,559)		145,531		(92,327)
Non-competition agreements	5 years	10,000		(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.

Schedule of Intangible Assets Amortization Expense

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

	Three Months Ended				Six Months Ended
Intangible Asset Amortization Expense	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
In-place leases	$	6,977	$	3,580	$	16,793	$	7,031
Non-competition agreements	500		—		1,000		—
Trademarks and trade names	209		—		417		—
Customer relationships	2,709		—		4,320		—
Franchise fees and other intangible assets	492		204		982		409
Total	$	10,887	$	3,784	$	23,512	$	7,440

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

	Remainder 2021		2022		2023		2024		2025
In-place leases	$	10,418	$	12,216	$	8,730	$	5,836	$	4,996
Non-competition agreements	1,000		2,000		2,000		2,000		2,000
Trademarks and trade names	417		833		833		—		—
Customer relationships	5,418		10,837		10,837		10,837		10,837
Franchise agreements and other intangible assets	993		1,986		1,957		1,893		1,872
Total	$	18,246	$	27,872	$	24,357	$	20,566	$	19,705