Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2019

Property and Equipment

Schedule of property and equipment

	Depreciable		As of
	Life	June 30,		December 31,
	(In Years)	2019		2018
		(In thousands)
Equipment leased to customers	2-5	$	1,883,332	$	1,980,808
EchoStar XV	15		277,658		277,658
EchoStar XVIII	15		411,255		—
Satellites acquired under finance lease agreements (1)	10-15		223,423		499,819
Furniture, fixtures, equipment and other	2-10		1,859,899		1,820,883
Buildings and improvements	4-40		285,736		289,244
Land	-		13,186		13,186
Construction in progress	-		56,402		47,077
Total property and equipment			5,010,891		4,928,675
Accumulated depreciation			(3,378,394)		(3,550,726)
Property and equipment, net		$	1,632,497	$	1,377,949

(1) The Ciel II satellite was previously classified as a finance lease, however, as a result of an amendment, which was effective during the first quarter 2019, Ciel II is now accounted for as an operating lease.

Schedule of depreciation and amortization expense

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
	(In thousands)
Equipment leased to customers	$	86,453	$	110,377	$	194,589	$	217,658
Satellites		12,920		15,262		23,575		30,523
Buildings, furniture, fixtures, equipment and other		36,227		34,594		72,551		90,571
Total depreciation and amortization	$	135,600	$	160,233	$	290,715	$	338,752

Schedule of pay-TV satellite fleet

		Degree	Estimated Useful Life
	Launch	Orbital	(Years) / Lease
Satellites	Date	Location	Termination Date
Owned:
EchoStar XV	July 2010	61.5	15
EchoStar XVIII	June 2016	61.5	15
Leased from EchoStar (1):
EchoStar IX	August 2003	121	Month to month
EchoStar X (2) (4)	February 2006	110	February 2021
EchoStar XI (2) (4)	July 2008	110	September 2021
EchoStar XIV (2) (4)	March 2010	119	February 2023
EchoStar XVI (3) (4)	November 2012	61.5	January 2023
Nimiq 5 (4)	September 2009	72.7	September 2019
QuetzSat-1 (4)	September 2011	77	November 2021
Leased from Other Third Party:
Anik F3	April 2007	118.7	April 2022
Ciel II	December 2008	129	January 2020

(1) See Note 13 for further information on our Related Party Transactions with EchoStar.

(2) 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.

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

(4) On May 19, 2019, DISH Network entered into the Master Transaction Agreement with EchoStar. Upon the closing of the Master Transaction Agreement, these satellites and satellite service agreements leased from EchoStar will be transferred to DISH Network. See Note 1 “Recent Developments” in the Notes to DISH Network’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 for further information on the Master Transaction Agreement.