Annual report pursuant to Section 13 and 15(d)

Intangible Assets and Goodwill (Tables)

v3.10.0.1
Intangible Assets and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Franchise Assets and Goodwill
The changes in the carrying amount of franchise assets and goodwill for 2018 and 2017 were as follows:
 
Franchise
Assets
Net
Goodwill
  
  (In thousands)  
Balance at December 31, 2016 $ 74,900  $ 472,437  (1)
Prior year acquisition allocations —  59,980   
Reductions from dispositions (1,400) (5,737)
Reductions from impairment (3,600) (900)
Balance at December 31, 2017 $ 69,900  $ 525,780  (2)
Additions through current year acquisitions —  —   
Reductions from dispositions (2,100) (16,188)  
Reductions from impairment (2,100) —   
Prior year acquisition allocations —  —   
Balance at December 31, 2018 $ 65,700  $ 509,592  (2)
(1) Net of accumulated impairment losses of $796.7 million.
(2) Net of accumulated impairment losses of $797.6 million.
Definite Life Intangible Assets
Definite life intangible assets consist of the following:
  December 31, 2018 December 31, 2017
  (In thousands)
Favorable lease agreements $ 17,245  $ 17,317 
Less accumulated amortization (13,240) (12,628)
Definite life intangibles, net $ 4,005  $ 4,689 
Future Amortization Expense Future amortization expense is as follows:
Year Ending December 31, (In thousands)
2019 $ 609 
2020 609 
2021 475 
2022 408 
2023 408 
Thereafter 1,496 
Total $ 4,005