Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and equipment, net consists of the following:



	December 31,
	2019			2018
	(in thousands)
Land and land improvements	$	223,877		$	194,711
Buildings, building improvements, and leasehold improvements	435,214			412,089
Substation equipment	19,780			4,247
Data center equipment	1,021,056			904,722
Vehicles	1,732			1,685
Core network equipment	36,572			34,901
Cloud computing equipment	71			5,192
Fiber facilities	13,180			9,912
Computer equipment, furniture and fixtures	38,986			34,975
Finance lease ROU assets	72,569			33,730
Construction in progress	254,750			124,431
Property and equipment, gross	2,117,787			1,760,595
Less: accumulated depreciation and amortization	(566,670		)	(457,825		)
Property and equipment, net	$	1,551,117		$	1,302,770

Accumulated amortization for finance lease ROU assets totaled $11.7 million and $9.9 million as of December 31, 2019 and 2018, respectively.

During the years ended December 31, 2019, 2018, and 2017, capitalized interest was $5.8 million, $4.9 million, and $2.9 million, respectively.

Total depreciation and amortization of property and equipment recognized on the consolidated statements of comprehensive income (loss) was as follows:



	Years Ended December 31,
	2019		2018		2017
	(in thousands)
Cost of revenue	$	116,274	$	104,095	$	87,255
Selling, general and administrative expense	3,671		2,571		1,869
Total depreciation and amortization of property and equipment	$	119,945	$	106,666	$	89,124