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Property, Plant and Equipment
6 Months Ended
Jun. 30, 2016
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

Note 5. Property, Plant and Equipment

The carrying value of property, plant and equipment is as follows:

 

(Thousands)

 

Depreciable Lives

 

June 30, 2016

 

 

December 31, 2015

 

Land

 

 

 

$

34,008

 

 

$

33,386

 

Building and improvements

 

3 - 40 years

 

 

312,783

 

 

 

313,736

 

Real property interests

 

50 years

 

 

1,714

 

 

 

-

 

Poles

 

13 - 40 years

 

 

229,935

 

 

 

228,031

 

Fiber

 

7 - 40 years

 

 

2,129,873

 

 

 

1,948,192

 

Equipment

 

5 - 7 years

 

 

84,330

 

 

 

-

 

Copper

 

7 - 40 years

 

 

3,497,682

 

 

 

3,475,987

 

Conduit

 

13 - 47 years

 

 

89,659

 

 

 

89,460

 

Tower assets

 

20 - 49 years

 

 

5,299

 

 

 

-

 

Capital lease assets

 

See Note 2

 

 

64,556

 

 

 

-

 

Construction in progress

 

 

 

 

10,436

 

 

 

4,749

 

 

 

 

 

 

6,460,275

 

 

 

6,093,541

 

Less accumulated depreciation

 

 

 

 

(3,890,873

)

 

 

(3,720,890

)

Net property, plant and equipment

 

 

 

$

2,569,402

 

 

$

2,372,651

 

 

Depreciation expense for the three and six months ended June 30, 2016 was $91.2 million and $176.7 million, respectively. Depreciation expense for the period from April 24, 2015 to June 30, 2015 was $63.8 million.

 

As of June 30, 2016, construction in progress includes approximately $1.5 million of in process capital projects that were transferred to us at the time of the Spin-Off. As Windstream completes these projects, amounts are reclassified to depreciable assets. All construction in progress at December 31, 2015 related to projects transferred to us at the time of the Spin-Off.