5. Other Intangible Assets The gross carrying amounts and accumulated amortization of our intangible assets were as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | | Useful Life | | Gross Carrying Amount | | Accumulated Amortization | | Gross Carrying Amount | | Accumulated Amortization | | In-place leases | | 7 years | | $ | 146.9 | | | $ | (134.4) | | | $ | 146.5 | | | $ | (132.1) | | | | | | | | | | | | | | | | | | | | | | | | | Franchise agreements and other intangible assets | | 10 - 27 years | | 31.1 | | | (10.3) | | | 31.2 | | | (9.6) | | | Total finite-lived assets | | | | $ | 178.0 | | | $ | (144.7) | | | $ | 177.7 | | | $ | (141.7) | | | Indefinite-lived assets - Trademarks, trade names, and other | | N/A | | 0.7 | | | — | | | 0.7 | | | — | | | Total indefinite-lived assets | | | | $ | 0.7 | | | $ | — | | | $ | 0.7 | | | $ | — | | | Total | | | | $ | 178.7 | | | $ | (144.7) | | | $ | 178.4 | | | $ | (141.7) | |
Amortization expenses related to our Other intangible assets were as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | In-place leases | | $ | 1.2 | | | $ | 1.4 | | | $ | 2.7 | | | $ | 2.9 | | | | | | | | | | | | | | | | | | | | | Franchise fees and other intangible assets | | 0.2 | | | 0.2 | | | 0.3 | | | 0.4 | | | Total | | $ | 1.4 | | | $ | 1.6 | | | $ | 3.0 | | | $ | 3.3 | |
We anticipate amortization expense for Other intangible assets to be as follows for the next five years (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Remainder 2026 | | 2027 | | 2028 | | 2029 | | 2030 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Future annual amortization | | $ | 2.8 | | | $ | 4.6 | | | $ | 3.2 | | | $ | 2.6 | | | $ | 2.6 | |
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