XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.23.3

Other Assets and Accrued Liabilities | 9 Months Ended
--- | ---
Sep. 30, 2023
Other Liabilities Disclosure [Abstract] |
Other Assets and Accrued Liabilities | Other Assets and Accrued Liabilities Prepaid expenses and other, classified as current assets, included the following:
(in thousands) | September 30, 2023 |  | December 31, 2022
Prepaid maintenance expenses | $ | 7,024 |  |  | $ | 7,444 |
Broadband contract acquisition costs | 3,037 |  |  | 2,809 |
Interest rate swaps | 1,321 |  |  | — |
Other | 3,012 |  |  | 1,256 |
Prepaid expenses and other | $ | 14,394 |  |  | $ | 11,509 |
Deferred charges and other assets, classified as long-term assets, included the following:
(in thousands) | September 30, 2023 |  | December 31, 2022
Broadband contract acquisition costs | $ | 5,638 |  |  | $ | 5,837 |
Interest rate swaps | 3,048 |  |  | — |
Prepaid expenses and other | 7,139 |  |  | 7,422 |
Deferred charges and other assets | $ | 15,825 |  |  | $ | 13,259 |
Accrued liabilities and other, classified as current liabilities, included the following:
(in thousands) | September 30, 2023 |  | December 31, 2022
Accrued programming costs | $ | 2,967 |  |  | $ | 3,306 |
Pension plan | — |  |  | 3,341 |
Other current liabilities | 8,796 |  |  | 11,259 |
Accrued liabilities and other | $ | 11,763 |  |  | $ | 17,906 |
Other liabilities, classified as long-term liabilities, included the following:
(in thousands) | September 30, 2023 |  | December 31, 2022
Noncurrent portion of deferred lease revenue | $ | 18,387 |  |  | $ | 18,679 |
Noncurrent portion of financing leases | 1,397 |  |  | 1,500 |
Other | 294 |  |  | 39 |
Other liabilities | $ | 20,078 |  |  | $ | 20,218 |
In 2021, Shentel’s Board of Directors adopted a resolution to terminate its pension plan. The Company terminated the pension plan and all benefits were distributed in June 2023 through the combination of lump sum payments and the purchase of non-participating annuity contracts at the option of the pension plan participants. The Company made an additional $2.9 million contribution from its cash balance as a result of the settlement and recognized a settlement gain of $0.7 million in other income (expense) for the nine months ended September 30, 2023.

X
- References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20,24) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_OtherLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration