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Property and Equipment and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Property and Equipment and Intangible Assets  
Schedule of depreciation and amortization expense

 

 

 

 

For the Three Months

 

For the Six Months

 

 

 

Ended June 30,

 

Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(In thousands)

 

Equipment leased to customers

 

$

192,598

 

$

163,474

 

$

359,810

 

$

315,917

 

Satellites

 

33,866

 

38,616

 

67,732

 

72,453

 

Buildings, furniture, fixtures, equipment and other (1)

 

74,010

 

29,253

 

107,259

 

51,671

 

148 degree orbital location

 

 

67,776

 

 

67,776

 

Total depreciation and amortization

 

$

300,474

 

$

299,119

 

$

534,801

 

$

507,817

 

 

(1)         During the second quarter 2013, we ceased operations of our TerreStar MSS business.  As a result, we accelerated the depreciable lives of certain assets designed to support this business and the remaining net book value of $53 million was fully depreciated in the second quarter 2013.

Schedule of identifiable intangibles subject to amortization

 

 

 

 

As of

 

 

 

June 30, 2013

 

December 31, 2012

 

 

 

Intangible

 

Accumulated

 

Intangible

 

Accumulated

 

 

 

Assets

 

Amortization

 

Assets

 

Amortization

 

 

 

(In thousands)

 

Technology-based

 

$

35,078

 

$

(9,182

)

$

39,066

 

$

(8,345

)

Trademarks

 

18,236

 

(5,199

)

18,236

 

(3,907

)

Contract-based

 

11,283

 

(10,515

)

11,275

 

(10,127

)

Customer relationships

 

6,974

 

(6,710

)

6,974

 

(5,736

)

Total

 

$

71,571

 

$

(31,606

)

$

75,551

 

$

(28,115

)

Schedule of estimated future amortization of identifiable intangible assets

Estimated future amortization of our identifiable intangible assets as of June 30, 2013 is as follows (in thousands):

 

For the Years Ended December 31,

 

 

 

2013 (remaining six months)

 

$

5,269

 

2014

 

9,871

 

2015

 

9,150

 

2016

 

8,362

 

2017

 

3,138

 

Thereafter

 

4,175

 

Total

 

$

39,965