v3.24.1.u1
Property and Equipment and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
Schedule of property and equipment

Depreciable

As of

Life

March 31,

December 31,

    

(In Years)

    

2024

    

2023

(In thousands)

Equipment leased to customers

2

-

5

$

1,909,842

$

1,977,450

Satellites (1)

5

-

15

3,880,725

4,168,766

Satellites acquired under finance lease agreements

15

709,504

712,832

Furniture, fixtures, equipment and other

1

-

20

1,693,151

1,691,389

5G Network Deployment equipment (2)

3

-

15

4,475,376

4,263,327

Software and computer equipment

2

-

6

2,632,917

2,503,597

Buildings and improvements

1

-

40

543,860

538,815

Land

-

46,149

46,675

Construction in progress

-

1,859,790

1,844,338

Total property and equipment

17,751,314

17,747,189

Accumulated depreciation

(8,161,881)

(8,185,355)

Property and equipment, net

$

9,589,433

$

9,561,834

(1)The Spaceway 3 satellite was deorbited in January 2024.
(2)Includes 5G Network Deployment assets acquired under finance lease agreements.

Schedule of depreciation and amortization expense

For the Three Months Ended 

March 31,

    

2024

    

2023

    

(In thousands)

Equipment leased to customers

$

71,767

$

88,890

Satellites

75,577

66,204

Buildings, furniture, fixtures, equipment and other

27,713

24,247

5G Network Deployment equipment

166,822

61,151

Software and computer equipment

88,687

52,758

Intangible assets and other amortization expense

54,834

54,504

Total depreciation and amortization

$

485,400

$

347,754

Schedule of asset retirement obligations

For the Three Months Ended 

March 31,

    

2024

    

2023

(In thousands)

Balance at beginning of period

$

278,287

$

183,135

Liabilities incurred

4,308

31,554

Accretion expense

6,464

4,106

Revision to estimated cash flows

Balance at end of period

$

289,059

$

218,795

Total included in Other long-term liabilities

$

289,059

$

218,795

Pay-TV  
Schedule Of satellites

Degree

Lease

Launch

Orbital

Termination 

Satellites

    

Date

    

Location

    

Date

Owned:

EchoStar X

February 2006

110

N/A

EchoStar XI

July 2008

110

N/A

EchoStar XIV

March 2010

119

N/A

EchoStar XV

July 2010

61.5

N/A

EchoStar XVI

November 2012

61.5

N/A

EchoStar XVIII

June 2016

61.5

N/A

EchoStar XXIII

March 2017

110

N/A

Under Construction:

EchoStar XXV

2026

110

N/A

Leased from Other Third-Party:

Anik F3

April 2007

118.7

April 2025

Nimiq 5

September 2009

72.7

September 2024

Broadband and Satellite Services  
Schedule Of satellites

Degree

Lease

Launch

Orbital

Termination 

Satellites

    

Date

    

Location

    

Date

Owned:

EchoStar IX

August 2003

121

N/A

EchoStar XVII

July 2012

107

N/A

EchoStar XIX

December 2016

97.1

N/A

EchoStar XXI

June 2017

10.25

N/A

Al Yah 3

January 2018

20

N/A

EchoStar XXIV

July 2023

95.2

N/A

Leased from Other Third-Party:

Eutelsat 65 West A

March 2016

65

July 2031

Telesat T19V

July 2018

63

August 2033

EchoStar 105/SES-11

October 2017

105

November 2028