Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of property, plant and equipment

As of December 31, 2013	Cost	Accumulated Depreciation	Net Book Value	Estimated Useful Life (c)
(in thousands)
Land and Rights of Way	342,182	n/a	342,182	n/a
Road
Rail & Other Track Material	136,073	38,499	97,574	16-45 years
Signals & Interlockers	89,629	29,415	60,214	7-38 years
Ties	87,616	11,378	76,238	20-50 years
Bridges & Culverts	83,108	11,646	71,462	14-61 years
Ballast	41,958	3,388	38,570	30-43 years
Other (a)	8,878	4,803	4,075	10-50 years

Total Road	447,262	99,129	348,133

Locomotives, Transportation, and Other Equipment
Freight Cars	28,671	5,509	23,162	7-55 years
Locomotives	27,418	8,259	19,159	3-60 years
Work Equipment and Other (b)	24,478	13,951	10,527	3-29 years
Trailers	5,756	2,586	3,170	5-20 years

Total Locomotives, Transportation, and Other Equipment	86,323	30,305	56,018
Buildings and Improvements	30,215	8,449	21,766	10-50 years
Construction-In-Progress	23,808	n/a	23,808	n/a

	929,790	137,883	791,907

(a) Includes Grade Crossings, Fences, and Signs.

(b) Includes Roadway Machines, Shop Machinery, Work Equipment, Computer Equipment, Cranes, Packers & Ramps, and Automobiles.

(c) The estimated useful lives of the property, plant and equipment includes both the assets acquired at the “Rail Separation” and the assets purchased subsequently. The estimated lives are derived from the most recent life studies performed (see Note 2).

As of December 31, 2012	Cost	Accumulated Depreciation	Net Book Value	Estimated Useful Life (c)
(in thousands)
Land and Rights of Way	342,182	n/a	342,182	n/a
Road
Rail & Other Track Material	132,168	31,503	100,665	16-45 years
Signals & Interlockers	89,290	24,071	65,219	7-38 years
Ties	86,085	9,288	76,797	20-50 years
Bridges & Culverts	82,105	9,634	72,471	14-61 years
Ballast	38,960	2,696	36,264	30-43 years
Other (a)	8,801	3,730	5,071	10-50 years

Total Road	437,409	80,922	356,487

Locomotives, Transportation, and Other Equipment
Freight Cars	27,707	4,946	22,761	7-55 years
Locomotives	22,450	6,979	15,471	3-60 years
Work Equipment and Other (b)	21,623	12,757	8,866	3-29 years
Trailers	4,324	2,887	1,437	5-20 years

Total Locomotives, Transportation, and Other Equipment	76,104	27,569	48,535
Buildings and Improvements	30,167	7,012	23,155	10-50 years
Construction-In-Progress	2,070	n/a	2,070	n/a

	887,932	115,503	772,429

(a) Includes Grade Crossings, Fences, and Signs.

(b) Includes Roadway Machines, Shop Machinery, Work Equipment, Computer Equipment, Cranes, Packers & Ramps, and Automobiles.

Florida East Coast Holdings Corp. 10-K