Liberty Broadband Corporation Annual report pursuant to Section 13 and 15(d)

Net Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2017

Net property and equipment consists of the following at December 31, 2017 and 2016 (amounts in thousands):



	2017		2016
Land and buildings	$	119,553	114,966
Telephony transmission equipment and distribution facilities	1,402,610		1,271,425
Cable transmission equipment and distribution facilities	285,665		231,539
Studio equipment	14,825		15,456
Support equipment and systems	299,511		290,209
Transportation equipment	23,468		23,674
Customer premise equipment	152,731		158,513
Fiber optic cable systems	353,291		351,460
Construction in progress	103,013		157,633
	2,754,667		2,614,875
Less accumulated depreciation	1,541,264		1,385,620
Less accumulated amortization on property and equipment under capital leases	58,692		67,337
Net property and equipment	$	1,154,711	1,161,918

Gross property and equipment under capital leases	$	112,495	112,495

The following table summarizes the allocation of total consideration (amounts in thousands):



Allocation of consideration to assets acquired and liabilities assumed:
Property and equipment	$	49,794
Deferred taxes	(12,211		)
Deferred revenue	(3,815		)
Total consideration	$	33,768