Property and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following as of December 31, 2013 and 2012 (dollars in thousands):



	Estimated Useful Life	2013			2012
Land		$	105,876		$	96,071
Broadcasting and other equipment	3 to 7 years	219,346			227,578
Computer and capitalized software costs	1 to 3 years	22,750			20,457
Furniture and fixtures	5 years	12,401			13,709
Leasehold improvements	5 years	30,521			32,386
Buildings	9 to 20 years	49,804			50,296
Construction in progress		917			2,841
		441,615			443,338
Less: accumulated depreciation		(186,913		)	(187,435		)
		$	254,702		$	255,903

Depreciation expense for the years ended December 31, 2013, 2012 and 2011, was $29.0 million, $31.1 million and $14.1 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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