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Property and Equipment (Tables)

12 Months Ended

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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- References

No definition available.

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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

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