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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Cost Basis and Estimated Useful Lives of Property and Equipment

The cost basis and estimated useful lives of property and equipment as of December 31, 2025 and 2024 are as follows (dollars in thousands):

 

 

December 31,

 

 

 

 

 

2025 (1)

 

 

2024 (1)

 

 

Life

Computer hardware and software

 

$

58,475

 

 

$

53,963

 

 

3-5 years

Leasehold improvements

 

 

39,371

 

 

 

37,237

 

 

Shorter of Life of Lease
or Useful Life

Furniture, fixtures and equipment

 

 

18,490

 

 

 

15,886

 

 

5-10 years

Building and improvements (2)

 

 

52,445

 

 

 

9,163

 

 

15-35 years

Other

 

 

23

 

 

 

22

 

 

5-10 years

Construction in progress (2)

 

 

1,418

 

 

 

46,729

 

 

 

 

 

 

170,222

 

 

 

163,000

 

 

 

Less-accumulated depreciation

 

 

(86,908

)

 

 

(67,492

)

 

 

Total property and equipment, net

 

$

83,314

 

 

$

95,508

 

 

 

 

___________________

(1)
Property and equipment which were fully depreciated and no longer in use by the Company were retired during the years ended December 31, 2025 and 2024; therefore, both the cost of the asset and the related accumulated depreciation balances were reduced to zero for these assets.
(2)
Buildings and improvements include a failed sale–leaseback transaction for USAHS.