Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

(4) Property, Plant and Equipment

Major categories of property, plant and equipment at December 31, 2012 and 2011 are as follows:


	Estimated Life (Years)	2012		2011
Land	—	$	317,223	$	307,968
Building and improvements	10 — 39		115,646		108,820
Advertising structures	5 — 15		2,378,940		2,309,775
Automotive and other equipment	3 — 7		128,640		134,029

		$	2,940,449	$	2,860,592

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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