Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Note 4. Property, Plant and Equipment

Property, plant and equipment consisted of the following at December 31, 2014 and 2013:

	Estimated Useful Lives	2014		2013
		(in thousands)
Land		$	3,700	$	3,415
Buildings and structures	10 – 40 years		103,341		96,700
Cable and wire	4 – 40 years		201,938		187,293
Equipment and software	2 – 16.7 years		366,342		346,072
Plant in service		$	675,321	$	633,480
Plant under construction			18,078		23,181
Total property, plant and equipment			693,399		656,661
Less accumulated amortization and depreciation			287,492		247,698
Property, plant and equipment, net		$	405,907	$	408,963

The Company traded in certain base station PCS equipment for 4G LTE base station equipment in 2014 and 2013, and received credits of $863 thousand and $14.5 million, respectively, against the fair value purchase price of the new equipment. The Company adjusted depreciation on equipment to be traded in so that the net book value at trade-in approximated the credit to be received.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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