Property And Equipment, Net

12 Months Ended

Dec. 31, 2013

Property And Equipment, Net [Abstract]

9.PROPERTY AND EQUIPMENT, NET

Property and equipment, net (including assets held under capital leases) consists of the following:



	As of		As of
	December 31, 2013		December 31, 2012
	(in thousands)
Towers and related components	$	3,821,482	$	3,757,859
Construction-in-process		24,275		25,454
Furniture, equipment, and vehicles		40,274		35,278
Land, buildings, and improvements		364,830		290,931
		4,250,861		4,109,522
Less: accumulated depreciation		(1,672,417)		(1,438,205)
Property and equipment, net	$	2,578,444	$	2,671,317

Construction-in-process represents costs incurred related to towers that are under development and will be used in the Company’s operations. Depreciation expense was $266.1 million, $219.5 million, and $175.8 million for the years ended December 31, 2013, 2012, and 2011, respectively. At December 31, 2013 and 2012, non-cash capital expenditures that are included in accounts payable and accrued expenses were $11.4 million and $17.3 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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