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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
(5)
Property and Equipment, Net

The costs and related accumulated depreciation and amortization of major classes of property:

 

 

 

 

(in thousands)

 

June 30,
2024

 

 

December 31,
2023

 

 

 

 

 

 

 

 

Equipment

 

 

14,331

 

 

 

12,387

 

Furniture and fixtures

 

 

6,104

 

 

 

5,467

 

Leasehold improvements

 

 

49,613

 

 

 

43,022

 

Other assets

 

 

414

 

 

 

414

 

Construction in progress

 

 

4,743

 

 

 

4,894

 

 

$

75,205

 

 

$

66,184

 

Less accumulated depreciation and amortization

 

 

(35,577

)

 

 

(32,277

)

Property and Equipment, Net

 

$

39,628

 

 

$

33,907

 

 

The construction in progress balance on June 30, 2024 and December 31, 2023 is related to new restaurants being developed for openings expected in 2024 and 2025.

Total depreciation and amortization for the three months ended June 30, 2024 and June 30, 2023 was $1.7 million and $1.1 million, respectively, of which $5 thousand and $61 thousand for those periods were related to assets acquired under a finance lease.

Total depreciation and amortization for the six months ended June 30, 2024 and June 30, 2023 was $3.3 million and $2.3 million, respectively, of which $36 thousand and $89 thousand for those periods were related to assets acquired under a finance lease.