Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Components of Property and Equipment, Net

Property and equipment, net consists of the following: 

	December 31, 2020		December 31, 2019
	(In thousands)
Land	$	375,297	$	373,301
Buildings and improvements	1,028,016		969,609
Furniture, fixtures and equipment	365,222		346,260
Construction in progress	34,767		50,928
Total, at cost	1,803,302		1,740,098
Less accumulated depreciation	(673,082)		(616,611)
Subtotal	1,130,220		1,123,487
Less assets held for sale (1)	(9,694)		(26,240)
Property and equipment, net	$	1,120,526	$	1,097,247

(1)Classified in other current assets in the accompanying consolidated balance sheets.

Property and Equipment Impairment Charges

During 2020, 2019 and 2018, property and equipment impairment charges were recorded as noted in the following table:

	Franchised Dealerships Segment		EchoPark Segment		Consolidated
Year Ended December 31,	(In thousands)
2020	$	2,017	$	—	$	2,017
2019	$	1,101	$	19,667	$	20,768
2018	$	25,832	$	1,582	$	27,414