Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.3.1.900
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Line Items]  
Estimated Useful Lives of Property and Equipment

Depreciation is calculated using the straight-line method over the following estimated useful life of the asset:

 

Satellite system

 

2 - 15 years

Terrestrial repeater network

 

5 - 15 years

Broadcast studio equipment

 

3 - 15 years

Capitalized software and hardware

 

3 - 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

 

Property and equipment, net

Property and equipment, net, consists of the following:

 

 

 

December 31, 2015

 

 

December 31, 2014

 

Satellite system

 

$

2,388,000

 

 

$

2,397,611

 

Terrestrial repeater network

 

 

117,127

 

 

 

108,341

 

Leasehold improvements

 

 

49,407

 

 

 

48,677

 

Broadcast studio equipment

 

 

70,888

 

 

 

61,306

 

Capitalized software and hardware

 

 

466,464

 

 

 

340,738

 

Satellite telemetry, tracking and control facilities

 

 

75,440

 

 

 

71,268

 

Furniture, fixtures, equipment and other

 

 

81,871

 

 

 

78,237

 

Land

 

 

38,411

 

 

 

38,411

 

Building

 

 

60,487

 

 

 

59,373

 

Construction in progress

 

 

101,324

 

 

 

155,716

 

Total property and equipment

 

 

3,449,419

 

 

 

3,359,678

 

Accumulated depreciation and amortization

 

 

(2,034,018

)

 

 

(1,849,566

)

Property and equipment, net

 

$

1,415,401

 

 

$

1,510,112

 

 

Summary of orbiting satellites

The chart below provides certain information on our operating satellites:

 

Satellite Description

 

Year Delivered

 

 

Estimated End of

Depreciable Life

 

FM-1*

 

 

2000

 

 

 

2013

 

FM-2*

 

 

2000

 

 

 

2013

 

FM-3*

 

 

2000

 

 

 

2015

 

FM-5

 

 

2009

 

 

 

2024

 

FM-6

 

 

2013

 

 

 

2028

 

XM-3

 

 

2005

 

 

 

2020

 

XM-4

 

 

2006

 

 

 

2021

 

XM-5

 

 

2010

 

 

 

2025

 

 

* Satellite was fully depreciated and was still in operation as of December 31, 2015.

Construction in progress [Member]  
Property Plant And Equipment [Line Items]  
Property and equipment, net

 

Construction in progress consists of the following:

 

 

 

December 31, 2015

 

 

December 31, 2014

 

Satellite system

 

$

12,912

 

 

$

12,912

 

Terrestrial repeater network

 

 

25,578

 

 

 

48,406

 

Capitalized software

 

 

37,064

 

 

 

77,755

 

Other

 

 

25,770

 

 

 

16,643

 

Construction in progress

 

$

101,324

 

 

$

155,716