Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.23.2
Property and Equipment (Tables)
 6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Summary of Categories of Property and Equipment
The following is a summary of the categories of our property and equipment:

 
 
  
As of
 
 
  
December 31, 2022
 
  
June 30, 2023
 
 
  
 
 
  
 
 
 
  
(Dollars in thousands)
 
Buildings
    $ 28,523     
$
29,497
 
Office furnishings and equipment
      37,162     
 
37,497
 
Antennae, towers and transmitting equipment
      76,950     
 
78,850
 
Studio, production, and mobile equipment
      30,267     
 
30,801
 
Computer software and website development costs
      42,304     
 
43,717
 
Automobiles
      1,633     
 
1,625
 
Leasehold improvements
      19,131     
 
19,499
 
    
 
 
     
 
 
  
     $ 235,970     
$
241,486
  
Less accumulated depreciation
      (191,638 )      
(196,340
)
 
    
 
 
     
 
 
  
       44,332     
$
45,146
  
    
 
 
     
 
 
  
Land
    $ 27,070       
27,071
  
Construction-in-progress
      9,894       
11,250
  
    
 
 
     
 
 
  
Property and Equipment, net
    $ 81,296     
$
83,467