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Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2016
Property and Equipment  
Schedule of depreciation and amortization expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months

 

For the Six Months Ended

 

 

 

Ended June 30,

 

Ended June 30,

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

(In thousands)

 

Equipment leased to customers

 

$

197,352

 

$

206,314

 

$

378,003

 

$

398,067

 

Satellites

 

 

15,262

 

 

15,261

 

 

30,523

 

 

30,522

 

Buildings, furniture, fixtures, equipment and other

 

 

16,349

 

 

15,673

 

 

32,691

 

 

32,554

 

Total depreciation and amortization

 

$

228,963

 

$

237,248

 

$

441,217

 

$

461,143

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of pay-TV satellite fleet

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 Useful Life

 

 

 

 

 

 

 

(Years)/

 

 

 

 

 

Degree

 

Lease

 

 

 

Launch

 

Orbital

 

Termination

 

Satellites

    

Date

    

Location

    

Date

 

Owned:

 

 

 

 

 

 

 

EchoStar XV

 

July 2010

 

61.5

 

15

 

EchoStar XVIII (1)

 

June 2016

 

61.5

 

15

 

 

 

 

 

 

 

 

 

Leased from EchoStar (2):

 

 

 

 

 

 

 

EchoStar VII (3)

 

February 2002

 

119

 

June 2017

 

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 XII (3)

 

 July 2003

 

61.5

 

September 2017

 

EchoStar XIV (3)

 

March 2010

 

119

 

February 2023

 

EchoStar XVI (4)

 

November 2012

 

61.5

 

January 2018

 

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

 

December 2008

 

129

 

January 2019

 

 

 

 

 

 

 

 

 

(1)

The EchoStar XVIII satellite was launched on June 18, 2016 and is expected to become operational at the 61.5 degree orbital location during the third quarter 2016.  The EchoStar XVIII satellite is currently owned by an indirect subsidiary of DISH Network.

(2)

See Note 10 for further information on our Related Party Transactions with EchoStar.

(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.

(4)

We have the option to renew this lease for an additional five-year period.  If we exercise our five-year renewal option, we have the option to renew this lease for an additional five years.