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Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

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)						2022						2021
Land and improvements						$	65,559					$	65,559
Buildings and improvements						245,531						204,819
Equipment						580,001						575,920
Computer software						29,702						29,029
Total						920,793						875,327
Accumulated depreciation						462,193						418,382
Net property and equipment						$	458,600					$	456,945

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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 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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