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Property And Equipment, Net
12 Months Ended
Dec. 31, 2017
Property And Equipment, Net [Abstract]  
Property And Equipment, Net

8.PROPERTY AND EQUIPMENT, NET

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





 

 

 

 

 

 



 

 

 

 

 

 



 

As of

 

As of



 

December 31, 2017

 

December 31, 2016



 

 

 

 

 

 



 

(in thousands)

Towers and related components

 

$

4,772,807 

 

$

4,563,756 

Construction-in-process

 

 

34,689 

 

 

38,926 

Furniture, equipment, and vehicles

 

 

53,260 

 

 

50,671 

Land, buildings, and improvements

 

 

630,370 

 

 

578,680 

Total property and equipment

 

 

5,491,126 

 

 

5,232,033 

Less: accumulated depreciation

 

 

(2,678,780)

 

 

(2,439,957)

Property and equipment, net

 

$

2,812,346 

 

$

2,792,076 



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 $258.4 million, $268.1 million, and $296.5 million for the years ended December 31, 2017,  2016, and 2015, respectively. At December 31, 2017 and 2016, non-cash capital expenditures that are included in accounts payable and accrued expenses were $12.4 million and $7.0 million, respectively.