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Property and Equipment and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2018
Property and Equipment and Intangible Assets  
Schedule of property and equipment

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciable

 

As of

 

 

Life

 

June 30,

 

December 31,

 

    

(In Years)

    

2018

    

2017

 

 

 

 

 

 

(In thousands)

Equipment leased to customers

 

 2

-

5

 

$

2,195,942

 

$

2,323,100

EchoStar XV

 

 

15

 

 

 

277,658

 

 

277,658

EchoStar XVIII

 

 

15

 

 

 

411,255

 

 

411,255

D1

 

 

N/A

 

 

 

55,000

 

 

55,000

T1

 

 

14.25

 

 

 

100,000

 

 

100,000

Satellites acquired under capital lease agreements

 

10

-

15

 

 

499,819

 

 

499,819

Furniture, fixtures, equipment and other

 

 2

-

10

 

 

1,818,854

 

 

1,779,109

Buildings and improvements

 

 3

-

40

 

 

295,118

 

 

293,571

Land

 

 

 —

 

 

 

14,057

 

 

14,057

Construction in progress

 

 

 —

 

 

 

116,697

 

 

103,176

Total property and equipment

 

 

 

 

 

 

5,784,400

 

 

5,856,745

Accumulated depreciation

 

 

 

 

 

 

(3,736,472)

 

 

(3,673,084)

Property and equipment, net

 

 

 

 

 

$

2,047,928

 

$

2,183,661

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of depreciation and amortization expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended 

 

For the Six Months Ended 

 

 

June 30,

 

June 30,

 

    

2018

    

2017

 

2018

    

2017

 

 

(In thousands)

Equipment leased to customers

 

$

111,877

 

$

145,603

 

$

222,398

 

$

281,737

Satellites

 

 

25,086

 

 

29,414

 

 

50,172

 

 

58,426

Buildings, furniture, fixtures, equipment and other

 

 

35,739

 

 

36,654

 

 

93,104

 

 

76,138

Total depreciation and amortization

 

$

172,702

 

$

211,671

 

$

365,674

 

$

416,301

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of pay-TV satellite fleet

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 Useful Life

 

 

 

 

Degree

 

(Years)/Lease

 

 

Launch

 

Orbital

 

Termination 

Satellites

    

Date

    

Location

    

Date

Owned:

 

 

 

 

 

 

EchoStar XV

 

July 2010

 

61.5

 

15

EchoStar XVIII

 

June 2016

 

61.5

 

15

 

 

 

 

 

 

 

Leased from EchoStar (1):

 

 

 

 

 

 

EchoStar VII (2)

 

February 2002

 

119

 

June 2018

EchoStar IX

 

August 2003

 

121

 

Month to month

EchoStar X (3)

 

February 2006

 

110

 

February 2021

EchoStar XI (3)

 

July 2008

 

110

 

September 2021

EchoStar XIV (3)

 

March 2010

 

119

 

February 2023

EchoStar XVI (4)

 

November 2012

 

61.5

 

January 2023

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 (5)

 

December 2008

 

129

 

January 2019

 

 

 

 

 

 

 

(1)

See Note 12 for further information on our Related Party Transactions with EchoStar.

(2)

The satellite capacity agreement for EchoStar VII expired on June 30, 2018.

(3)

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

We have the option to renew this lease for an additional five-year period