PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment as of December 31, 2021 and 2020, include the following:

	2021		2020
Communications Plant:
Land	$	712,503	$	712,503
Buildings		10,838,356		10,736,080
Other Support Assets		21,039,744		17,990,916
Central Office and Circuit Equipment		61,094,351		57,781,339
Cable and Wire Facilities		90,448,989		80,701,208
Other Plant and Equipment		404,883		404,883
Plant Under Construction		5,451,186		3,634,807
		189,990,012		171,961,736
Other Property		27,439,201		25,758,591
Video Plant		11,306,071		11,143,951
Total Property, Plant and Equipment	$	228,735,284	$	208,864,278

Depreciation is computed using the straight-line method based on the estimated service or remaining useful lives of the various classes of depreciable assets. Depreciation expense was $9,215,052 and $8,819,559 in 2021 and 2020. The composite depreciation rates on communications plant and equipment for the two years ended December 31, 2021 and 2020, respectively, were 4.1% and 4.3%. Other property and video plant is depreciated over estimated useful lives of three to twenty-five years.