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Property and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment
5.
Property and Equipment

Property and equipment consist of the following:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Land and office building

 

$

8,108

 

 

$

7,937

 

Furniture and equipment

 

 

6,639

 

 

 

6,177

 

Software

 

 

9,258

 

 

 

8,042

 

Automobiles

 

 

74

 

 

 

74

 

Finance lease right-of-use assets

 

 

362

 

 

 

241

 

Total original cost

 

 

24,441

 

 

 

22,471

 

Accumulated depreciation and amortization

 

 

(17,216

)

 

 

(16,012

)

Property and equipment, net

 

$

7,225

 

 

$

6,459

 

 

Accumulated depreciation and amortization includes $0.2 million and $0.1 million that is related to equipment held under finance leases at December 31, 2022 and 2021, respectively, and is included in the underwriting and certain other operating costs line item on the income statement. The lease liabilities related to these properties are included in accounts payable and other liabilities.