XML 23 R13.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 4. Property and Equipment

Property and equipment consisted of the following at December 31, 2023 and 2022:

 

 

December 31,

 

($ in thousands)

2023

 

2022

 

Land and land improvements

$

63,016

 

$

68,016

 

Buildings and leasehold improvements

 

310,052

 

 

323,305

 

Furniture, fixtures and equipment

 

128,567

 

 

121,796

 

Software

 

105,480

 

 

103,022

 

Assets under development

 

13,270

 

 

15,917

 

Property and equipment, gross

 

620,385

 

 

632,056

 

Accumulated depreciation and amortization

 

(318,746

)

 

(303,451

)

Property and equipment, net

$

301,639

 

$

328,605

 

 

Assets under development is comprised primarily of software design and implementation costs.

Depreciation and amortization expense was $34.7 million, $31.6 million and $29.1 million for the years ended December 31, 2023, 2022, and 2021, respectively.

Property and Equipment Held for Sale

Certain of the Company’s property and equipment meet the criteria to be classified as assets held for sale. The carrying values of such assets were $0.3 million and $2.9 million at December 31, 2023 and 2022, respectively, and were reported within Other Assets in the consolidated balance sheets. For more information on the Company’s policy for accounting for assets held for sale, refer to Note 1 – Summary of Significant Accounting Policies and Recent Accounting Pronouncements.