Property and Equipment, Net

3 Months Ended

Mar. 31, 2013

Property Plant And Equipment [Abstract]

6.	PROPERTY AND EQUIPMENT, NET

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


	As of			As of
	March 31, 2013			December 31, 2012
	(in thousands)
Towers and related components	$	3,788,573		$	3,757,859
Construction-in-process		24,188			25,454
Furniture, equipment and vehicles		37,147			35,278
Land, buildings and improvements		304,058			290,931

		4,153,966			4,109,522
Less: accumulated depreciation		(1,498,557	)		(1,438,205	)

Property and equipment, net	$	2,655,409		$	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 $63.5 million and $45.6 million for the three months ended March 31, 2013 and 2012, respectively. At March 31, 2013 and December 31, 2012, non-cash capital expenditures that are included in accounts payable and accrued expenses were $9.2 million and $17.3 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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