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Property and Equipment (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Property and Equipment    
Schedule of property and equipment  

 

 

 

 

 

 

 

 

 

 

 

 

Depreciable

 

 

 

 

 

 

 

 

 

Life

 

As of December 31,

 

 

    

(In Years)

    

2015

    

2014

 

 

 

 

 

(In thousands)

 

Equipment leased to customers

    

2-5

 

$

3,439,254

 

$

3,524,211

 

EchoStar XV

 

15

 

 

277,658

 

 

277,658

 

Satellites acquired under capital lease agreements

 

10-15

 

 

499,819

 

 

499,819

 

Furniture, fixtures, equipment and other

 

1-10

 

 

679,221

 

 

656,273

 

Buildings and improvements

 

1-40

 

 

85,547

 

 

84,129

 

Land

 

-

 

 

5,504

 

 

5,504

 

Construction in progress

 

-

 

 

34,793

 

 

18,355

 

Total property and equipment

 

 

 

 

5,021,796

 

 

5,065,949

 

Accumulated depreciation

 

 

 

 

(2,871,456)

 

 

(2,628,945)

 

Property and equipment, net

 

 

 

$

2,150,340

 

$

2,437,004

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of construction in progress  

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

    

2015

    

2014

 

 

 

(In thousands)

 

Software projects

 

$

22,539

 

$

16,353

 

Other

 

 

12,254

 

 

2,002

 

Total construction in progress

 

$

34,793

 

$

18,355

 

 

 

 

 

 

 

 

 

 

Schedule of depreciation and amortization expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months

 

For the Six Months Ended

 

 

 

Ended June 30,

 

Ended June 30,

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

(In thousands)

 

Equipment leased to customers

 

$

197,352

 

$

206,314

 

$

378,003

 

$

398,067

 

Satellites

 

 

15,262

 

 

15,261

 

 

30,523

 

 

30,522

 

Buildings, furniture, fixtures, equipment and other

 

 

16,349

 

 

15,673

 

 

32,691

 

 

32,554

 

Total depreciation and amortization

 

$

228,963

 

$

237,248

 

$

441,217

 

$

461,143

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2015

    

2014

    

2013

 

 

 

(In thousands)

 

Equipment leased to customers

 

$

783,310

 

$

810,945

 

$

739,266

 

Satellites (1)

 

 

61,045

 

 

68,984

 

 

108,682

 

Buildings, furniture, fixtures, equipment and other

 

 

63,332

 

 

76,172

 

 

58,039

 

Total depreciation and amortization

 

$

907,687

 

$

956,101

 

$

905,987

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Depreciation and amortization expense decreased $40 million in 2014 as a result of the Satellite and Tracking Stock Transaction.  See Note 4 and Note 15 for further information.

 

Schedule of Satellites  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 Useful Life

 

 

 

 

 

 

 

(Years)/

 

 

 

 

 

Degree

 

Lease

 

 

 

Launch

 

Orbital

 

Termination

 

Satellites

    

Date

    

Location

    

Date

 

Owned:

 

 

 

 

 

 

 

EchoStar XV

 

July 2010

 

61.5

 

15

 

 

 

 

 

 

 

 

 

Under Construction:

 

 

 

 

 

 

 

EchoStar XVIII

 

Second quarter 2016

 

110

 

15

 

 

 

 

 

 

 

 

 

Leased from EchoStar (1):

 

 

 

 

 

 

 

EchoStar VII (2)(3)

 

February 2002

 

119

 

June 2017

 

EchoStar IX

 

August 2003

 

121

 

Month to month

 

EchoStar X (2)(3)

 

February 2006

 

110

 

February 2021

 

EchoStar XI (2)(3)

 

July 2008

 

110

 

September 2021

 

EchoStar XII (3)

 

 July 2003

 

61.5

 

September 2017

 

EchoStar XIV (2)(3)

 

March 2010

 

119

 

February 2023

 

EchoStar XVI (4)

 

November 2012

 

61.5

 

January 2017

 

Nimiq 5

 

September 2009

 

72.7

 

September 2019

 

QuetzSat-1

 

September 2011

 

77

 

November 2021

 

 

 

 

 

 

 

 

 

Leased from Other Third Party:

 

 

 

 

 

 

 

Anik F3

 

April 2007

 

118.7

 

April 2022

 

Ciel II

 

December 2008

 

129

 

January 2019

 

 

 

 

 

 

 

 

 

(1)

See Note 15 for further information on our Related Party Transactions with EchoStar.

(2)

On February 20, 2014, we entered into the Satellite and Tracking Stock Transaction with EchoStar pursuant to which, among other things, we transferred these satellites to EchoStar and lease back all available capacity on these satellites.  See Note 4 and Note 15 for further information.

(3)

We generally have the option to renew each lease on a year-to-year basis through the end of the useful life of the respective satellite. 

(4)

We have the option to renew this lease for an additional six-year period.  If we exercise our six-year renewal option, we have the option to renew this lease for an additional five years.

Schedule of FCC Authorizations  

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

    

2015

    

2014

 

 

 

(In thousands)

 

DBS Licenses

 

$

611,794

 

$

611,794

 

MVDDS Licenses

 

 

24,000

 

 

24,000

 

Total

 

$

635,794

 

$

635,794