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PROPERTY HELD FOR LEASE, NET OF ACCUMULATED DEPRECIATION AND IMPAIRMENT
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
PROPERTY HELD FOR LEASE, NET OF ACCUMULATED DEPRECIATION AND IMPAIRMENT PROPERTY HELD FOR LEASE, NET OF ACCUMULATED DEPRECIATION AND IMPAIRMENT
Property held for lease, net of accumulated depreciation and impairment consists of the following:
March 31,December 31,
20252024
Property held for lease$173,540 $300,603 
Less: accumulated depreciation and impairment(106,627)(233,518)
Property held for lease, net$66,913 $67,085 
The table below details the cost of revenue for the three months ended March 31, 2025 and 2024:

Three Months Ended March 31,
20252024
Depreciation expense for property held for lease over the lease term
$39,061 $33,760 
Depreciation for early lease purchase options (buyouts)9,664 7,613 
Depreciation for impaired leases6,632 5,636 
Other (1)
2,240 1,564 
Total cost of revenue$57,597 $48,573 
(1) Other consists mainly of payment processing fees, incentives and other lease related costs.