Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.19.3.a.u2
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2019
Schedule of Future Depreciation and Amortization

 

Future depreciation and amortization consist of the following:

(in thousands)

 

 

 

 

2020

 

$

10,696

 

2021

 

 

9,181

 

2022

 

 

6,971

 

2023

 

 

5,444

 

2024

 

 

4,713

 

Thereafter

 

 

17,768

 

 

 

$

54,773

 

 

Building and Land [Member]  
Property and Equipment, Stated at Lower of Cost or Estimated Fair Value

Building and Land, stated at lower of cost or estimated fair value, consists of the following as of December 31:

 

(in thousands)

 

2019

 

 

2018

 

Land

 

$

4,829

 

 

$

4,829

 

Buildings

 

 

23,907

 

 

 

23,064

 

 

 

 

28,736

 

 

 

27,893

 

Accumulated depreciation

 

 

(6,055

)

 

 

(6,205

)

 

 

$

22,681

 

 

$

21,688

 

Software, Equipment and Media Library [Member]  
Property and Equipment, Stated at Lower of Cost or Estimated Fair Value

Software, equipment and media library stated at lower of cost or estimated fair value, consists of the following as of December 31:

 

(in thousands)

 

2019

 

 

2018

 

Website development costs and other software

 

$

13,942

 

 

$

12,063

 

Studio, computer and telephone equipment

 

 

2,282

 

 

 

1,267

 

Media library

 

 

38,233

 

 

 

27,134

 

 

 

 

54,457

 

 

 

40,464

 

Accumulated depreciation and amortization

 

 

(17,536

)

 

 

(12,841

)

 

 

$

36,921

 

 

$

27,623