XML 44 R31.htm IDEA: XBRL DOCUMENT v3.25.0.1
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS  
Schedule of property and equipment, net

Property and equipment consisted of the following:

As of December 31, 

 

Depreciable Life

 

2024

2023

(In years)

(In thousands)

Equipment leased to customers

2

-

4

$

865,003

$

883,565

Satellites (1)

5

-

15

1,210,437

1,506,541

Satellites acquired under finance lease agreements (2)

15

344,972

368,384

Furniture, fixtures, equipment and other

 

1

-

12

 

682,614

 

683,246

Software and computer equipment

1

-

5

300,255

293,908

Buildings and improvements

 

1

-

30

 

129,779

 

115,354

Land

 

-

13,460

13,547

Construction in progress

-

 

7,980

 

28,217

Total property and equipment

 

3,554,500

 

3,892,762

Accumulated depreciation

 

(2,457,310)

 

(2,642,688)

Property and equipment, net

$

1,097,190

$

1,250,074

(1)The Spaceway 3 satellite was deorbited in January 2024
(2)The change in value of our satellites acquired under finance lease agreements is due to fluctuations in foreign currency exchange rates

Depreciation and amortization expense consisted of the following:

For the Years Ended December 31, 

2024

2023

2022

(In thousands)

Equipment leased to customers

$

114,143

$

168,656

$

221,645

Satellites

105,139

105,717

99,865

Buildings, furniture, fixtures, equipment and other

83,683

53,445

47,391

Software and computer equipment

25,963

28,359

28,074

Intangible assets and other amortization expense

 

36,974

 

33,455

 

34,090

Total depreciation and amortization

$

365,902

$

389,632

$

431,065

Schedule of satellites

As of December 31, 2024, our satellite fleet in service consisted of the following:

    

    

Degree Orbital

    

Lease

 Location

Termination

Satellites

    

Launch Date

    

(Longitude)

    

Date

Owned:

 

  

 

  

 

EchoStar XVII

 

July 2012

 

107 W

 

N/A

EchoStar XIX

 

December 2016

 

97.1 W

 

N/A

Al Yah 3 ("AY3")

 

January 2018

 

20 W

 

N/A

EchoStar IX

 

August 2003

 

121 W

 

N/A

Finance leases:

 

  

 

  

 

Eutelsat 65 West A

 

March 2016

 

65 W

 

July 2031

Telesat T19V

 

July 2018

 

63 W

 

August 2033

EchoStar 105/SES11

 

October 2017

 

105 W

 

November 2029

Operating leases:

EchoStar XXIV

July 2023

95.2 W

December 2030

Schedule of capitalized interest, satellites

The following table presents capitalized interest associated with our satellites and satellite-related ground infrastructure:

    

For the Years Ended December 31, 

2024

    

2023

    

2022

(In thousands)

Capitalized interest

$

$

10,115

$

8,712

Schedule of amortization and non-amortizing intangibles

As of December 31, 2024 and 2023, our identifiable intangibles, including intangibles subject to amortization and non-amortizing intangibles, consisted of the following:

As of December 31,

2024

2023

Intangible Assets

Accumulated Amortization

Intangible Assets

Accumulated Amortization

(In thousands)

Customer relationships

$

274,155

$

(272,602)

$

274,260

$

(271,873)

Patents

51,400

(51,400)

51,400

(51,400)

Trademarks and licenses

29,700

(20,171)

29,700

(18,686)

Total

$

355,255

$

(344,173)

$

355,360

$

(341,959)

Schedule of excluding non-amortizing intangibles and regulatory authorizations

Estimated future amortization of our identifiable intangible assets as of December 31, 2024, excluding non-amortizing intangibles, is as follows:

For the Years Ending December 31, 

 

Total

(In thousands)

2025

$

2,256

2026

 

2,256

2027

 

1,496

2028

 

1,485

2029

 

1,485

Thereafter

 

2,104

Total

$

11,082

Estimated future amortization of our Regulatory Authorizations as of December, 31, 2024 is as follows:

For the Years Ending December 31, 

 

Total

(In thousands)

2025

$

480

2026

 

482

2027

 

482

2028

 

482

2029

 

482

Thereafter

 

2,290

Total

$

4,698

Schedule of regulatory authorizations with indefinite and finite lives

As of December 31, 2024 and 2023, our Regulatory Authorizations with indefinite lives consisted of the following:

As of December 31,

    

2024

    

2023

(In thousands)

95 W

$

200,000

$

200,000

107 W

200,000

200,000

Total

$

400,000

$

400,000

As of December 31, 2024 and 2023, our Regulatory Authorizations with finite lives consisted of the following:

    

As of December 31,

2024

2023

    

Finite Lived Assets

    

Accumulated Amortization

    

Finite Lived Assets

    

Accumulated Amortization

(In thousands)

Total

$

10,295

$

(5,597)

$

12,754

$

(4,935)