| Property, Plant and Equipment |
Property, Plant and Equipment Property, plant and equipment consisted of the following: | | | | | | | | | | | | | | | | | | | ($ in thousands) | Estimated Useful Lives | | June 30,
2026 | | December 31,
2025 | | Land | | | $ | 4,181 | | | $ | 4,498 | | | Land improvements | 10 years | | 3,538 | | | 3,699 | | | Buildings and structures | 10 - 45 years | | 54,209 | | | 54,562 | | | Cable and fiber | 12 - 30 years | | 1,634,272 | | | 1,519,669 | | | Equipment and software | 4 - 12 years | | 497,619 | | | 476,939 | | | Total plant in service | | | 2,193,819 | | | 2,059,367 | | | Plant under construction | | | 176,383 | | | 181,060 | | | Total property, plant and equipment | | | 2,370,202 | | | 2,240,427 | | | Less: accumulated depreciation and amortization | | | (698,736) | | | (638,818) | | | Property, plant and equipment, net | | | $ | 1,671,466 | | | $ | 1,601,609 | |
Property, plant and equipment, net increased primarily due to capital expenditures to support the Company’s Glo Fiber market expansion. The Company’s accounts payable as of June 30, 2026 and December 31, 2025 included amounts associated with capital expenditures of approximately $51.9 million and $55.6 million, respectively. Depreciation and amortization expense was $30.0 million and $34.6 million during the three months ended June 30, 2026 and 2025, respectively, and $61.7 million and $63.6 million during the six months ended June 30, 2026 and 2025, respectively. The Company wrote off $0.2 million and $3.0 million plant under construction inventory assets during the three and six months ended June 30, 2026, respectively. The Company wrote-off $4.2 million plant under construction inventory assets during the three and six months ended June 30, 2025. The write-off primarily related to permitting and engineering costs for markets abandoned due to changing market returns. The amounts are presented in depreciation and amortization in the Company’s unaudited condensed consolidated statements of operations.
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