Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.4.0.3
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment consists of LNG terminal costs and fixed assets and other, as follows (in thousands):
 
 
March 31,
 
December 31,
 
 
2016
 
2015
LNG terminal costs
 
 
 
 
LNG terminal
 
$
2,748,474

 
$
2,487,759

LNG terminal construction-in-process (1)
 
15,116,545

 
13,875,204

LNG site and related costs, net
 
38,612

 
33,512

Accumulated depreciation
 
(430,757
)
 
(413,545
)
Total LNG terminal costs, net
 
17,472,874

 
15,982,930

Fixed assets and other
 
 

 
 

Computer and office equipment
 
12,159

 
12,153

Furniture and fixtures
 
17,201

 
17,101

Computer software
 
72,234

 
69,340

Leasehold improvements
 
41,930

 
40,136

Land
 
60,612

 
60,612

Other
 
38,786

 
49,376

Accumulated depreciation
 
(41,248
)
 
(37,741
)
Total fixed assets and other, net
 
201,674

 
210,977

Property, plant and equipment, net
 
$
17,674,548

 
$
16,193,907


 
(1)
As of March 31, 2016, LNG terminal construction-in-process is presented net of amounts received from the sale of commissioning cargoes because the related costs were capitalized as testing costs for the construction of the SPL Project.