Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.4
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Summary of Significant Accounting Policies  
Schedule of Net Property and Equipment

    

December 31, 

2020

2019

amounts in thousands

Land

$

16,369

 

Buildings (25 years)

93,947

Telephony transmission equipment and distribution facilities (5-20 years)

666,412

 

Cable transmission equipment and distribution facilities (5-30 years)

 

83,978

 

Support equipment and systems (3-20 years)

 

85,458

 

1,341

Fiber optic cable systems (15-25 years)

 

68,307

 

Other (2-20 years)

 

33,444

 

168

Construction in progress

 

60,703

 

 

1,108,618

 

1,509

Less accumulated depreciation

 

(10,106)

 

(977)

Property and equipment, net

$

1,098,512

 

532

Reconciliation of Asset Retirement Obligations The asset retirement obligation is in Other liabilities in the consolidated balance sheets. Following is a reconciliation of the beginning and ending aggregate carrying amounts of the liability for asset retirement obligations (amounts in thousands):

Balance at December 31, 2019

$

Liability acquired

 

76,133

Accretion expense

 

97

Liability settled

 

(2)

Balance at December 31, 2020

$

76,228

Revenue from Contracts with Customers by Customer Type and Service Offerings

Years ended December 31, 

2020

2019

amounts in thousands

GCI Holdings

  

 

  

Consumer Revenue

  

 

  

Wireless

$

4,724

 

Data

 

7,222

 

Video

 

2,689

 

Voice

 

461

 

Business Revenue

 

 

  

Wireless

 

2,653

 

Data

 

11,976

 

Video

 

380

 

Voice

 

847

 

Lease, grant, and revenue from subsidies

 

2,718

 

Total GCI Holdings

33,670

Skyhook

17,036

14,859

Corporate and other

Total

$

50,706

 

14,859

Schedule of Weighted Average Number of Shares

Years ended December 31,

 

    

2020

    

2019

    

2018

 

number of shares in thousands

 

Basic WASO

 

182,036

 

181,531

 

181,325

Potentially dilutive shares

 

1,210

 

1,253

 

1,264

Diluted WASO

 

183,246

 

182,784

 

182,589