LEASES (Tables)

12 Months Ended

Dec. 31, 2024

LEASES

Schedule of right-of-use assets and lease liabilities, Weighted average lease term and discount rate

	As of December 31,
	2024			2023
	(In thousands)
Right-of-use assets:
Operating	$	939,896		$	1,031,303
Finance		183,391			218,807
Total right-of-use assets	$	1,123,287		$	1,250,110
Lease liabilities:
Current:
Operating (1)	$	72,393		$	155,932
Finance		—			—
Total current		72,393			155,932
Noncurrent:
Operating		830,629			897,084
Finance		—			—
Total noncurrent		830,629			897,084
Total lease liabilities	$	903,022		$	1,053,016
Weighted Average Remaining Lease Term:
Finance leases		0.0 years			0.0 years
Operating leases		6.6 years			7.5 years
Weighted Average Discount Rate:
Finance leases		—	%		—	%
Operating leases		12.0	%		12.1	%

(1) The decrease in current operating lease liabilities is due to prepayments related to the EchoStar XXIV satellite, resulting in the lease liability and associated asset being remeasured. Refer to Note 15 for further details on the EchoStar XXIV operating lease prepayments.

Schedule of components of lease cost and supplemental cash flow information

	For the Years Ended December 31,
	2024		2023		2022
	(In thousands)
Lease cost:
Operating lease cost	$	24,845	$	30,299	$	25,219
Operating lease cost - EchoStar XXIV		190,699		—		—
Total operating lease cost		215,544		30,299		25,219
Finance lease cost:
Amortization of right-of-use assets		23,863		27,682		29,906
Interest on lease liabilities		—		—		7
Total finance lease cost		23,863		27,682		29,913
Short-term lease cost		—		—		258
Variable lease cost		—		—		2,246
Total lease cost	$	239,407	$	57,981	$	57,636

	For the Years Ended December 31,
	2024		2023		2022
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	273,300	$	22,981	$	24,653
Operating cash flows from finance leases	$	—	$	—	$	7
Financing cash flows from finance leases	$	—	$	—	$	124
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	229	$	902,981	$	4,307
Finance leases	$	—	$	—	$	—

Schedule of maturities of lease liabilities

For the Years Ending December 31,	Total
		(In thousands)
2025	$	173,314
2026		216,059
2027		214,735
2028		212,812
2029		211,947
Thereafter		271,653
Total future minimum lease payments		1,300,520
Less: Interest		(397,498)
Total lease liabilities	$	903,022

Schedule of components of income from sales-type lease and operating lease

	For the Years Ended December 31,
	2024		2023		2022
	(In thousands)
Sales-type lease revenue:
Revenue at lease commencement	$	8,517	$	11,429	$	7,557
Interest income		2,030		2,002		1,220
Total sales-type lease revenue		10,547		13,431		8,777
Operating lease revenue		14,734		47,051		64,375
Total lease revenue (1)	$	25,281	$	60,482	$	73,152

(1) The reduction in total lease revenue relates to the loss of a single significant customer.

Schedule of future operating lease payments to be received

For the Years Ending December 31,		Total
		(In thousands)
2025	$	9,322
2026		5,285
2027		4,093
2028		1,379
2029		1,008
Thereafter		16
Total	$	21,103