Property and Equipment, net

12 Months Ended

Dec. 31, 2021

Property and Equipment, net

Property and Equipment, net

6. Property and Equipment, net

Property and equipment consisted of the following at December 31, 2021 and 2021 (in thousands):

	December 31,		December 31,
	2021		2020
Land	$	95,724	$	47,780
Buildings and improvements		208,136		99,739
Leasehold improvements		255,378		210,396
Furniture and equipment		201,083		180,191
Software		78,592		73,256
Construction in progress and software in development		58,694		11,560
		897,607		622,922
Less: accumulated depreciation and amortization		(298,283)		(255,024)
Property and equipment, net	$	599,324	$	367,898

Depreciation expense for the years ended December 31, 2021, 2020, and 2019 was $61.6 million, $47.4 million and $54.7 million, respectively.