Property and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following:



	As of December 31,
	2016			2015
	(in thousands)
Buildings	$	548,232		$	531,627
Furniture and equipment	236,634			218,623
Software	134,321			124,469
Leasehold improvements	108,702			106,768
Computers	58,271			52,295
Total property and equipment, gross	1,086,160			1,033,782
Less: accumulated depreciation	(387,798		)	(336,067		)
Total property and equipment, net	$	698,362		$	697,715

Total property and equipment, gross, as of December 31, 2016 and 2015, included $101.3 million and $106.8 million, respectively, for property and equipment recorded under capital leases. Accumulated depreciation, as of December 31, 2016 and 2015, included $37.9 million and $30.4 million, respectively, for property and equipment recorded under capital leases.

As of December 31, 2016, included in property and equipment, net were $17.8 million and $9.2 million in capitalized internally developed software costs and related amortization, respectively. As of December 31, 2015, included in property and equipment, net were $15.4 million and $4.1 million in capitalized internally developed software costs and related amortization, respectively.

The Company recorded depreciation expense of $60.8 million, $60.0 million and $62.3 million in 2016, 2015 and 2014, respectively.