Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

v2.4.0.8
Property, Plant and Equipment (Tables)
 12 Months Ended
Dec. 31, 2013
Property, Plant and Equipment [Abstract]  
Schedule of capitalized terminal, natural gas pipeline, LNG site and related costs
Property, plant and equipment consists of LNG terminal costs and fixed assets and other, as follows (in thousands):
 
December 31,
 
2013
 
2012
LNG terminal costs
 
 
 
LNG terminal
$
2,234,796

 
$
2,233,595

LNG terminal construction-in-process
4,489,668

 
1,269,798

LNG site and related costs, net
6,511

 
5,398

Accumulated depreciation
(292,434
)
 
(235,275
)
Total LNG terminal costs, net
6,438,541

 
3,273,516

 
 
 
 
Fixed assets and other
 
 
 
Computer and office equipment
8,115

 
7,014

Furniture and fixtures
4,319

 
4,057

Computer software
13,504

 
13,012

Leasehold improvements
7,303

 
6,989

Other
15,388

 
6,844

Accumulated depreciation
(32,771
)
 
(29,127
)
Total fixed assets, net
15,858

 
8,789

Property, plant and equipment, net
$
6,454,399

 
$
3,282,305

Schedule of Estimated Useful Lives of Identifiable Components of Sabine Pass LNG Terminal
The identifiable components of the Sabine Pass LNG terminal with similar estimated useful lives have a depreciable range between 15 and 50 years, as follows:
Components
 
Useful life (yrs)
LNG storage tanks
 
50
Natural gas pipeline facilities
 
40
Marine berth, electrical, facility and roads
 
35
Regasification processing equipment (recondensers, vaporization and vents)
 
30
Sendout pumps
 
20
Other
 
15-30