Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Summary of property and equipment

We compute depreciation using the straight-line method over estimated useful lives as follows:

Buildings and improvements	15 to 45 years
Leasehold improvements	Shorter of term of lease or useful life
Broadcast transmission towers and related equipment	15 to 35 years
Other broadcast and program production equipment	3 to 15 years
Computer hardware	3 to 5 years
Office and other equipment	3 to 10 years

Property and equipment consisted of the following:

	As of December 31,
(in thousands)	2023		2022
Land and improvements	$	65,402	$	65,559
Buildings and improvements	252,396		245,531
Equipment	622,981		580,001
Computer software	30,395		29,702
Total	971,174		920,793
Accumulated depreciation	515,919		462,193
Net property and equipment	$	455,255	$	458,600