Note 7 - Property and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment Disclosure [Text Block]

7.     Property and Equipment

A summary of property and equipment is shown as follows:

	Estimated			December 31,
	Life			2011			2012
Land				$	1,156,843		$	1,156,843
Building and improvements	20	-	40		12,246,942			12,296,102
Telephone equipment	6	-	20		227,825,838			223,465,617
Cable television equipment		7			10,918,212			11,266,855
Furniture and equipment	8	-	14		2,967,337			2,989,944
Vehicles	7	-	9		6,089,630			6,185,199
Computer software equipment	5	-	7		15,590,697			15,892,452
Internet equipment		5			3,923,314			3,870,817
Total property, plant and equipment					280,718,813			277,123,829
Accumulated depreciation and amortization					(214,836,838	)		(218,880,926	)
Net property, plant and equipment				$	65,881,975		$	58,242,903

     The Company’s composite depreciation rate for property and equipment was 21.7%, 19.2% and 18.0% in 2010, 2011 and 2012, respectively.  Depreciation expense for the years ended December 31, 2010, 2011 and 2012 was $13,837,560, $11,891,474, and $10,495,725, respectively.  The Company recorded an impairment charge of $2,874,000 for the year ended December 31, 2012.   See note 3, Impairments, above.   Amortization expense for telephone plant adjustment was $1,554,932, $1,216,739 and $652,163 for the years ended December 31, 2010, 2011 and 2012, respectfully.