XML 29 R12.htm IDEA: XBRL DOCUMENT v3.20.1
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2019
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

3. PROPERTY AND EQUIPMENT:

Property and equipment are carried at cost less accumulated depreciation and amortization. Depreciation is calculated using the straight-line method over the related estimated useful lives. Property and equipment consists of the following:

 

 

 

 

 

 

 

 

 

 

 

    

As of December 31, 

    

Estimated

 

 

2019

    

2018

 

Useful Lives

 

 

(In thousands)

 

 

Land and improvements

 

$

4,652

 

$

3,491

 

 —

Buildings

 

 

2,756

 

 

2,754

 

31 years

Transmitters and towers

 

 

40,705

 

 

41,854

 

7‑15 years

Equipment

 

 

60,391

 

 

60,872

 

3‑7 years

Furniture and fixtures

 

 

9,322

 

 

9,699

 

6 years

Software and web development

 

 

28,789

 

 

27,330

 

3 years

Leasehold improvements

 

 

24,957

 

 

25,407

 

Lease Term

Construction-in-progress

 

 

226

 

 

275

 

 —

 

 

 

171,798

 

 

171,682

 

 

Less: Accumulated depreciation and amortization

 

 

(147,405)

 

 

(145,594)

 

  

Property and equipment, net

 

$

24,393

 

$

26,088

 

  

 

Repairs and maintenance costs are expensed as incurred.