Property And Equipment

12 Months Ended

Dec. 31, 2015

Property And Equipment [Abstract]

Property And Equipment

NOTE 5 – Property and Equipment

Operating Property, Net

Property associated with our operating activities is summarized as follows:

(Dollars in thousands)	December 31, 2015		December 31, 2014
Land	$	70,063	$	62,024
Building and improvements		126,622		120,913
Leasehold improvements		46,874		46,813
Fixtures and equipment		112,423		107,286
Construction-in-progress		7,825		4,681
Total cost		363,807		341,717
Less: accumulated depreciation		(153,509)		(154,828)
Operating property, net	$	210,298	$	186,889

Depreciation expense for operating property was $13.6 million, $14.4 million, and $14.0 million for 2015,  2014, and 2013, respectively.

Investment and Development Property

Investment and development property is summarized as follows:

(Dollars in thousands)	December 31, 2015		December 31, 2014
Land	$	21,434	$	23,833
Construction-in-progress (including capitalized interest)		1,568		2,291
Investment and development property, net	$	23,002	$	26,124