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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property and Equipment  
Summary of property and equipment

The following is a summary of property and equipment (in thousands):

    

December 31, 

    

2022

    

2021

Useful Life

Land and buildings

$

154,596

$

144,718

 

Buildings 30 Years

Leasehold improvements

 

21,349

 

19,555

 

Various*

Office equipment

 

23,659

 

20,045

 

3 - 5 Years

Construction equipment

 

717,419

 

652,296

 

3 - 10 Years

Solar equipment

23,552

23,552

25 years

Construction in progress

26,145

22,369

 

966,720

 

882,535

Less: accumulated depreciation and amortization

 

(472,861)

 

(449,256)

Property and equipment, net

$

493,859

$

433,279

* Leasehold improvements are depreciated over the shorter of the life of the leasehold improvement or the lease term.