PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment as of December 31, 2022 and 2021, include the following:

	2022		2021
Communications Plant:
Land	$	712,503	$	712,503
Buildings		10,918,490		10,838,356
Other Support Assets		22,980,859		21,039,744
Central Office and Circuit Equipment		61,046,604		61,094,351
Cable and Wire Facilities		118,171,835		90,448,989
Other Plant and Equipment		404,883		404,883
Plant Under Construction		5,655,876		5,451,186
		219,891,050		189,990,012
Other Property		29,836,775		27,439,201
Video Plant		16,096,032		11,306,071
Total Property, Plant and Equipment	$	265,823,857	$	228,735,284

Depreciation is computed using the straight-line method based on the estimated service or remaining useful lives of the various classes of depreciable assets. Depreciation expense was $12,155,871 and $9,215,052 in 2022 and 2021. The composite depreciation rates on communications plant and equipment for the two years ended December 31, 2022 and 2021, respectively, were 4.7% and 4.1%. Other property and video plant is depreciated over estimated useful lives of three to twenty-five years.