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Note 8 - Property, Plant and Equipment
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
8.
PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment consist of the following at
December 31, 2019
and
2018:
 
   
2019
   
2018
   
Useful Lives
 
Land, buildings and support assets*
  $
204,834
    $
197,381
     
5
-
42
 
Central office switching and transmission
   
396,565
     
387,008
     
5
-
12
 
Outside plant, cable and wire facilities
   
765,640
     
750,492
     
10
-
50
 
Other
   
25,423
     
17,126
     
 
5
 
 
Construction work in progress
   
32,442
     
38,615
     
 
 
 
 
     
1,424,904
     
1,390,622
     
 
 
 
 
Less: accumulated depreciation and amortization
   
(1,042,546
)    
(1,017,442
)    
 
 
 
 
Property, plant and equipment, net
  $
382,358
    $
373,180
     
 
 
 
 
 
* Depreciation charges are
not
recorded for land.
 
Capitalized interest associated with construction in progress for the years ended
December 31, 2019
and
2018
was
$1,379
and
$2,001,
respectively. The capitalization rate used was based on a weighted average of the Company’s long-term debt outstanding, and for the years ended
December 31, 2019
and
2018
was
6.47%
and
7.29%,
respectively.
 
The above table includes property, plant and equipment held under finance leases. The Company also leases various land, buildings, right-of-ways and personal property under operating lease arrangements. See Note
11
Leases
” for additional information.