Property and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Property and equipment

NOTE 3 – PROPERTY AND EQUIPMENT

The following table identifies the types and balances of property and equipment included in “Property and equipment, at cost” on the accompanying Consolidated Balance Sheets as of December 31, 2018 and 2017, and includes the estimated useful lives for its types of property and equipment (in thousands, except original useful lives):

	Original Useful Lives	December 31, 2018		December 31, 2017
Land		$	745,050	$	695,669
Buildings and building improvements	15 – 39 years	2,147,969		1,968,079
Leasehold improvements	3 – 25 years	686,058		626,714
Furniture, fixtures and equipment	3 – 20 years	1,350,808		1,250,690
Vehicles	5 – 10 years	424,421		392,130
Construction in progress		291,246		257,853
Total property and equipment		5,645,552		5,191,135
Less: accumulated depreciation and amortization		2,058,550		1,847,329
Net property and equipment		$	3,587,002	$	3,343,806

The Company recorded depreciation and amortization expense related to property and equipment in the amounts of $246.0 million, $232.7 million and $217.0 million for the years ended December 31, 2018, 2017 and 2016, respectively, which were primarily included in “Selling, general and administrative expenses” on the accompanying Consolidated Statements of Income.

The Company recorded a charge of $11.4 million related to property and equipment for the year ended December 31, 2018, primarily due to the disposal of a software project that was no longer expected to provide a long-term benefit, which was included in “Selling, general and administrative expenses” on the accompanying Consolidated Statements of Income.