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v3.20.4

Property and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2020
Property, Plant and Equipment [Abstract] |
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) |  | 2020 |  | 2019
Land and improvements |  | $ | 62,655 |  |  | $ | 62,712 |
Buildings and improvements |  | 183,516 |  |  | 187,830 |
Equipment |  | 447,139 |  |  | 452,239 |
Computer software |  | 25,888 |  |  | 20,047 |
Total |  | 719,198 |  |  | 722,828 |
Accumulated depreciation |  | 375,278 |  |  | 352,450 |
Net property and equipment |  | $ | 343,920 |  |  | $ | 370,378 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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