Sirius XM Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

Property and equipment, net, consists of the following:



	June 30, 2012			December 31, 2011
Satellite system	$	1,943,537		$	1,943,537
Terrestrial repeater network	109,937			112,440
Leasehold improvements	44,334			43,455
Broadcast studio equipment	54,537			53,903
Capitalized software and hardware	213,911			193,301
Satellite telemetry, tracking and control facilities	61,427			60,539
Furniture, fixtures, equipment and other	75,086			60,283
Land	38,411			38,411
Building	57,200			57,185
Construction in progress	395,640			372,508
Total property and equipment	2,994,020			2,935,562
Accumulated depreciation and amortization	(1,362,910		)	(1,261,643		)
Property and equipment, net	$	1,631,110		$	1,673,919

Construction in progress

Construction in progress consists of the following:



	June 30, 2012		December 31, 2011
Satellite system	$	360,937	$	343,932
Terrestrial repeater network	18,806		19,194
Other	15,897		9,382
Construction in progress	$	395,640	$	372,508

Summary of orbiting satellites

The chart below provides certain information on these satellites:



Satellite Designation	Year Delivered	Estimated End of Depreciable Life
FM-1	2000	2013
FM-2	2000	2013
FM-3	2000	2015
FM-5	2009	2024
XM-1	2001	2013
XM-2	2001	2013
XM-3	2005	2020
XM-4	2006	2021
XM-5	2010	2025

- Definition

Tabular disclosure of the useful life and salvage value of 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.

+ References + Details