Property and Equipment

6 Months Ended

Jun. 30, 2012

Property and Equipment [Abstract]

Property And Equipment

Note 6 — Property and Equipment

Property and equipment consists of the following at June 30, 2012 and December 31, 2011:

(Amounts in thousands)	June 30, 2012			December 31, 2011
Computer hardware and software	$	209,832		$	196,168
Signage		83,801			80,303
Agent equipment		69,121			69,643
Office furniture and equipment		36,062			36,733
Leasehold improvements		24,878			27,562
Land		410			410
		424,104			410,819
Accumulated depreciation		(307,072	)		(294,478	)
Total property and equipment	$	117,032		$	116,341

Depreciation expense for the three and six months ended June 30, 2012 and 2011 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(Amounts in thousands)	2012		2011		2012		2011
Computer hardware and software	$	5,492	$	5,373	$	10,554	$	10,783
Signage		2,980		2,381		5,750		4,652
Agent equipment		1,042		1,815		2,121		3,619
Office furniture and equipment		875		1,005		1,776		1,977
Leasehold improvements		591		963		1,300		1,836
Total depreciation expense	$	10,980	$	11,537	$	21,501	$	22,867

At June 30, 2012 and December 31, 2011, there were $2.9 million and $9.9 million, respectively, of property and equipment that had been received by the Company and included in “Accounts payable and other liabilities” in the Consolidated Balance Sheets.

During the three and six months ended June 30, 2012, the Company recognized disposal losses of $0.4 million and $0.7 million, respectively, on furniture and equipment related to the closing of two office locations. The losses were recorded in the “Occupancy, equipment and supplies” line in the Consolidated Statements of (Loss) Income.

Following its decision to sell land in 2011, the Company recognized a $2.3 million impairment during the second quarter of 2011 in the “Other” line in the Consolidated Statements of (Loss) Income.