Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2015

	Depreciable	As of
	Life	June 30,			December 31,
	(In Years)	2015			2014
		(In thousands)
Equipment leased to customers	2-5	$	3,525,007		$	3,639,607
EchoStar XV	15	277,658			277,658
D1	15	150,000			150,000
T1	15	401,721			401,721
Satellites acquired under capital lease agreements	10-15	499,819			499,819
Furniture, fixtures, equipment and other	1-10	761,688			747,139
Buildings and improvements	1-40	87,018			85,509
Land	—	5,504			5,504
Construction in progress	—	972,596			774,567

Total property and equipment		6,681,011			6,581,524
Accumulated depreciation		(2,910,542		)	(2,807,985		)

Property and equipment, net		$	3,770,469		$	3,773,539

Schedule of Construction in progress

	As of
	June 30,		December 31,
	2015		2014
	(In thousands)
Wireless ground equipment and build-out, including capitalized interest	$	609,560	$	484,668
EchoStar XVIII, including capitalized interest	333,150		271,497
Other	29,886		18,402

Total construction in progress	$	972,596	$	774,567

Schedule of depreciation and amortization expense

	For the Three Months				For the Six Months
	Ended June 30,				Ended June 30,
	2015		2014		2015		2014
	(In thousands)
Equipment leased to customers	$	217,235	$	224,470	$	419,419	$	419,684
Satellites	21,957		21,957		43,913		51,853
Buildings, furniture, fixtures, equipment and other	23,694		25,468		45,766		49,578

Total depreciation and amortization	$	262,886	$	271,895	$	509,098	$	521,115

Schedule of pay-TV satellite fleet

			Estimated
			Useful Life
			(Years) /
		Degree	Lease
	Launch	Orbital	Termination
Satellites	Date	Location	Date
Owned:
EchoStar XV (1)	July 2010	45	15

Under Construction:
EchoStar XVIII (2)	2016	110	15

Leased from EchoStar (1):
EchoStar I (3)(4)(5)	December 1995	77	November 2015
EchoStar VII (3)(4)	February 2002	119	June 2016
EchoStar VIII	August 2002	77	Month to month
EchoStar IX	August 2003	121	Month to month
EchoStar X (3)(4)	February 2006	110	February 2021
EchoStar XI (3)(4)	July 2008	110	September 2021
EchoStar XII (3)	July 2003	61.5	September 2017
EchoStar XIV (3)(4)	March 2010	119	February 2023
EchoStar XVI (6)	November 2012	61.5	January 2017
Nimiq 5	September 2009	72.7	September 2019
QuetzSat-1	September 2011	77	November 2021

Leased from Other Third Party:
Anik F3	April 2007	118.7	April 2022
Ciel II	December 2008	129	January 2019

(1)

See Note 12 for further discussion of our Related Party Transactions with EchoStar.

(2)

EchoStar XVIII is expected to launch during 2016.

(3)

We generally have the option to renew each lease on a year-to-year basis through the end of the respective satellite’s useful life.

(4)

On February 20, 2014, we entered into the Satellite and Tracking Stock Transaction with EchoStar pursuant to which, among other things, we transferred these satellites to EchoStar and lease back all available capacity on these satellites. See Note 6 and Note 12 for further discussion.

(5)

We did not exercise our option to renew the satellite capacity agreement for EchoStar I.

(6)

We have the option to renew this lease for an additional six-year period. If we exercise our six-year renewal option, we have the option to renew this lease for an additional five years.