Property and Equipment

12 Months Ended

Dec. 31, 2021

Property Plant And Equipment [Abstract]

Property and Equipment

Note 4. Property and Equipment

Property and equipment consisted of the following at December 31, 2021 and 2020:

	December 31,
(in thousands)	2021			2020
Land and land improvements	$	68,353		$	77,334
Buildings and leasehold improvements		320,308			341,542
Furniture, fixtures and equipment		116,429			118,027
Software		75,909			76,113
Assets under development		49,375			39,301
		630,374			652,317
Accumulated depreciation and amortization		(280,065	)		(271,801	)
Property and equipment, net	$	350,309		$	380,516

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

Depreciation and amortization expense was $29.1 million, $30.1 million and $30.9 million for the years ended December 31, 2021, 2020, and 2019, 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 $5.5 million and $1.6 million at December 31, 2021 and 2020, 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.