Property and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 4. Property and Equipment

Property and equipment consisted of the following at December 31, 2024 and 2023:

	December 31,
($ in thousands)	2024			2023
Land and land improvements	$	63,016		$	63,016
Buildings and leasehold improvements		312,871			310,052
Furniture, fixtures and equipment		128,401			128,567
Software		106,884			105,480
Assets under development		14,557			13,270
Property and equipment, gross		625,729			620,385
Accumulated depreciation and amortization		(345,962	)		(318,746	)
Property and equipment, net	$	279,767		$	301,639

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

Depreciation and amortization expense was $32.3 million, $34.7 million and $31.6 million for the years ended December 31, 2024, 2023, and 2022, 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. There were no assets that met the criteria to be classified as held for sale at December 31, 2024. At December 31, 2023 the Company had $0.3 million of assets held for sale. These held for sale assets are 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.