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FIXED ASSETS
12 Months Ended
Dec. 31, 2017
FIXED ASSETS:  
FIXED ASSETS:

7. FIXED ASSETS:

As of December 31, 2017 and 2016, property, plant and equipment consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Life

 

 

 

 

 

 

 

 

    

(in Years)

    

2017

    

2016

 

Telecommunications equipment and towers

 

5 -15

 

 

 

$

774,548

 

$

802,415

 

Solar assets

 

20-23

 

 

 

 

113,218

 

 

115,932

 

Office and computer equipment

 

3 -10

 

 

 

 

76,706

 

 

44,147

 

Buildings

 

15-39

 

 

 

 

48,058

 

 

43,609

 

Transportation vehicles

 

3 -10

 

 

 

 

12,221

 

 

12,043

 

Leasehold improvements

 

Shorter of useful
life or lease term

 

 

 

 

2,864

 

 

325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Land

 

 

 

 

 

12,516

 

 

10,242

 

Furniture and fixtures

 

5 -10

 

 

 

 

6,674

 

 

7,657

 

Total property, plant and equipment

 

 

 

 

 

 

1,046,805

 

 

1,036,370

 

Construction in progress

 

 

 

 

 

 

123,001

 

 

101,992

 

Total property, plant and equipment

 

 

 

 

 

 

1,169,806

 

 

1,138,362

 

Less: Accumulated depreciation

 

 

 

 

 

 

(526,660)

 

 

(490,650)

 

Net fixed assets

 

 

 

 

 

$

643,146

 

 

647,712

 

Depreciation and amortization of fixed assets, using the straight‑line method over the assets’ estimated useful life, for the years ended December 31, 2017, 2016 and 2015 was $83.3 million, $73.3 million and $55.9 million, respectively.  Included within telecommunication equipment and towers are certain right to use assets under capital lease with a cost of $30.0 million and $13.8 million and net book value of and $24.4 million and $12.4 million, as of December 31, 2017 and 2016, respectively.  Remaining amounts due under the IRUs are $0.6 million and $1.2 million as of December 31, 2017 and 2016, respectively.

During the year ended December 31, 2015, we sold certain network assets and telecommunications licenses in our U.S. Telecom segment and recognized a gain on such disposition of $2.8 million.

For the years ended December 31, 2017,  2016 and 2015, amounts of capital expenditures were offset by grants of $1.5 million, $2.3 million and $2.6 million, respectively.