| 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.
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|