5. Additional Balance Sheet Information

	December 28, 2017		December 29, 2016
	(in thousands)
Trade receivables, net of allowances of $161 and $204, respectively	$	11,247	$	6,349
Other receivables		15,983		8,412
	$	27,230	$	14,761

The composition of property and equipment, which is stated at cost, is as follows:

	December 28, 2017		December 29, 2016
	(in thousands)
Land and improvements	$	146,887	$	134,306
Buildings and improvements		759,166		699,828
Leasehold improvements		93,451		80,522
Furniture, fixtures and equipment		351,879		312,334
Construction in progress		5,269		19,698
		1,356,652		1,246,688
Less accumulated depreciation and amortization		496,588		457,490
	$	860,064	$	789,198

The composition of other assets is as follows:

	December 28, 2017		December 29, 2016
	(in thousands)
Favorable lease right	$	9,152	$	9,486
Intangible assets		1,040		2,468
Split dollar life insurance policies		10,771		10,131
Other assets		12,318		14,009
	$	33,281	$	36,094

The Company’s $13,353,000 favorable lease right is being amortized over the expected term of the underlying lease of 40 years and is expected to result in amortization of $334,000 in each of the five succeeding fiscal years. Accumulated amortization of this favorable lease right was $4,201,000 and $3,867,000 as of December 28, 2017 and December 29, 2016, respectively.

The intangible assets include the value of in-place leases and favorable lease rights related to Ronnie’s Plaza, which are being amortized over the terms of the leases ranging from one to 15 years as of December 28, 2017.