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Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2018
Property and Equipment  
Schedule of property and equipment

 

 

 

 

 

 

 

 

 

 

 

 

Depreciable

 

 

As of 

 

 

    

Life

    

March 31,

 

December 31,

 

 

 

(In Years)

 

2018

 

2017

 

 

 

 

 

(In thousands)

 

Equipment leased to customers

    

2-5

 

$

2,198,679

 

$

2,264,653

 

EchoStar XV

 

15

 

 

277,658

 

 

277,658

 

Satellites acquired under capital lease agreements

 

10-15

 

 

499,819

 

 

499,819

 

Furniture, fixtures, equipment and other

 

2-10

 

 

1,706,242

 

 

1,680,492

 

Buildings and improvements

 

3-40

 

 

293,141

 

 

292,191

 

Land

 

-

 

 

14,057

 

 

14,057

 

Construction in progress

 

-

 

 

91,254

 

 

92,946

 

Total property and equipment

 

 

 

 

5,080,850

 

 

5,121,816

 

Accumulated depreciation

 

 

 

 

(3,516,142)

 

 

(3,489,655)

 

Property and equipment, net

 

 

 

$

1,564,708

 

$

1,632,161

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of depreciation and amortization expense

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

March 31,

 

    

2018

    

2017

 

 

(In thousands)

Equipment leased to customers

 

$

107,281

 

$

131,117

Satellites

 

 

15,261

 

 

15,261

Buildings, furniture, fixtures, equipment and other

 

 

55,977

 

 

35,650

Total depreciation and amortization

 

$

178,519

 

$

182,028

 

 

 

 

 

 

 

 

Schedule of pay-TV satellite fleet

As of March 31, 2018, our pay-TV satellite fleet consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

Degree

 

Estimated Useful Life

 

 

 

Launch

 

Orbital

 

(Years) / Lease

 

Satellites

    

Date

    

Location

    

Termination Date

 

Owned:

 

 

 

 

 

 

 

EchoStar XV

 

July 2010

 

61.5

 

15

 

 

 

 

 

 

 

 

 

Leased from DISH Network (1):

 

 

 

 

 

 

 

EchoStar XVIII

 

June 2016

 

61.5

 

Month to month

 

 

 

 

 

 

 

 

 

Leased from EchoStar (2):

 

 

 

 

 

 

 

EchoStar VII (3)(4)

 

February 2002

 

119

 

June 2018

 

EchoStar IX

 

August 2003

 

121

 

Month to month

 

EchoStar X (4)

 

February 2006

 

110

 

February 2021

 

EchoStar XI (4)

 

July 2008

 

110

 

September 2021

 

EchoStar XIV (4)

 

March 2010

 

119

 

February 2023

 

EchoStar XVI (5)

 

November 2012

 

61.5

 

January 2023

 

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)

See Note 12 for further information on our Related Party Transactions with DISH Network.

(2)

See Note 12 for further information on our Related Party Transactions with EchoStar.

(3)

The satellite capacity agreement for EchoStar VII will expire on June 30, 2018.

(4)

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.

(5)

We have the option to renew this lease for an additional five-year period.