Note 4 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

Property, plant, and equipment as of December 31, 2025, and 2024, include the following:

		2025				2024

Communications Plant:
Land		$	707,648			$	707,648
Buildings			11,375,143				11,180,405
Other Support Assets			26,975,364				26,008,607
Central Office and Circuit Equipment			71,349,591				68,473,005
Cable and Wire Facilities			223,373,746				198,100,277
Other Plant and Equipment			404,883				404,883
Plant Under Construction			11,763,997				13,454,182
			345,950,372				318,329,007
Other Property			36,715,926				35,035,142
Video Plant			19,805,385				19,329,406

Total Property, Plant and Equipment		$	402,471,683			$	372,693,555

Depreciation is computed using the straight-line method based on the estimated service or remaining useful lives of the various classes of depreciable assets. Depreciation expense was $17,406,603 and $15,797,205 in 2025 and 2024. The composite depreciation rates on communications plant and equipment for the two years ended December 31, 2025, and 2024, respectively, were 4.5% and 4.4%. Other property and video plant is depreciated over estimated useful lives of three to twenty-five years.