PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2023

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, 2023, and 2022, include the following:

	2023		2022
Communications Plant:
Land	$	707,648	$	712,503
Buildings		11,007,636		10,918,490
Other Support Assets		24,419,429		22,980,859
Central Office and Circuit Equipment		63,323,590		61,046,604
Cable and Wire Facilities		154,273,968		118,171,835
Other Plant and Equipment		404,883		404,883
Plant Under Construction		23,220,217		5,655,876
		277,357,371		219,891,050
Other Property		32,433,191		29,836,775
Video Plant		18,848,612		16,096,032
Total Property, Plant and Equipment	$	328,639,174	$	265,823,857

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 $13,565,831 and $12,155,871 in 2023 and 2022. The composite depreciation rates on communications plant and equipment for the two years ended December 31, 2023, and 2022, respectively, were 4.4% and 4.7%. Other property and video plant is depreciated over estimated useful lives of three to twenty-five years.