Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.8.0.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Line Items]  
Property and equipment, net
Property and equipment, net, consists of the following:
 
December 31, 2017
 
December 31, 2016
Satellite system
$
1,586,794

 
$
1,586,794

Terrestrial repeater network
123,254

 
127,854

Leasehold improvements
57,635

 
53,898

Broadcast studio equipment
96,582

 
84,697

Capitalized software and hardware
639,516

 
558,101

Satellite telemetry, tracking and control facilities
69,147

 
77,290

Furniture, fixtures, equipment and other
96,965

 
90,214

Land
38,411

 
38,411

Building
61,824

 
61,597

Construction in progress
301,153

 
144,954

Total property and equipment
3,071,281

 
2,823,810

Accumulated depreciation and amortization
(1,608,515
)
 
(1,425,117
)
Property and equipment, net
$
1,462,766

 
$
1,398,693

Depreciation is calculated using the straight-line method over the following estimated useful life of the asset:
Satellite system
15 years
Terrestrial repeater network
5 - 15 years
Broadcast studio equipment
3 - 15 years
Capitalized software and hardware
2 - 7 years
Satellite telemetry, tracking and control facilities
3 - 15 years
Furniture, fixtures, equipment and other
2 - 7 years
Building
20 or 30 years
Leasehold improvements
Lesser of useful life or remaining lease term
Summary of orbiting satellites
The chart below provides certain information on our satellites as of December 31, 2017:
Satellite Description
 
Year Delivered
 
Estimated End of
Depreciable Life
SIRIUS FM-5
 
2009
 
2024
SIRIUS FM-6
 
2013
 
2028
XM-3
 
2005
 
2020
XM-4
 
2006
 
2021
XM-5
 
2010
 
2025


Construction in progress  
Property, Plant and Equipment [Line Items]  
Property and equipment, net
Construction in progress consists of the following:
 
December 31, 2017
 
December 31, 2016
Satellite system
$
183,243

 
$
43,977

Terrestrial repeater network
2,515

 
1,139

Capitalized software and hardware
94,456

 
82,204

Other
20,939

 
17,634

Construction in progress
$
301,153

 
$
144,954