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Property and Equipment
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
Property and Equipment

5. PROPERTY AND EQUIPMENT

Property and equipment as of December 31, 2016 and 2015 consists of (in millions):

 

 

 

Estimated useful

life (years)

 

 

 

2016

 

 

 

2015

 

Buildings

 

39

 

 

$

18.6

 

 

$

18.6

 

Construction in progress

 

 

 

 

 

2.6

 

 

 

2.9

 

Transmission, studio and other broadcast equipment

 

5-15

 

 

 

166.9

 

 

 

163.3

 

Office and computer equipment

 

3-7

 

 

 

30.2

 

 

 

29.6

 

Transportation equipment

 

5

 

 

 

6.8

 

 

 

6.7

 

Leasehold improvements and land improvements

 

Lesser of lease life or useful life

 

 

 

26.4

 

 

 

26.9

 

 

 

 

 

 

 

 

251.5

 

 

 

248.0

 

Less accumulated depreciation

 

 

 

 

 

 

204.3

 

 

 

198.3

 

 

 

 

 

 

 

 

47.2

 

 

 

49.7

 

Land

 

 

 

 

 

 

8.2

 

 

 

8.2

 

 

 

 

 

 

 

$

55.4

 

 

$

57.9

 

 

Depreciation expense was $11.8 million, $12.5 million, and $11.6 million for the years ended December 31, 2016, 2015 and 2014, respectively.