Property and Equipment

12 Months Ended

Dec. 31, 2016

Property Plant And Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consists of the following:

	December 31, 2016			December 31, 2015
	(In thousands)
Land	$	306,457		$	260,275
Building and improvements		777,766			679,712
Software and computer equipment		128,366			107,086
Parts and service equipment		93,901			79,219
Office equipment and fixtures		86,216			76,810
Company vehicles		9,107			8,478
Construction in progress		62,982			55,010
Total, at cost		1,464,795			1,266,590
Less accumulated depreciation		(450,184	)		(379,688	)
Subtotal		1,014,611			886,902
Less assets held for sale (1)		(4,231	)		-
Property and equipment, net	$	1,010,380		$	886,902

(1) Classified in other current assets

Interest capitalized in conjunction with construction projects and software development was approximately $2.8 million, $1.9 million and $1.9 million for the years ended December 31, 2016, 2015 and 2014, respectively. As of December 31, 2016, commitments for facility construction projects totaled approximately $56.5 million.

During the years ended December 31, 2016, 2015 and 2014, property and equipment impairment charges were recorded in continuing operations as noted in the following table:

Year Ended December 31,	(In thousands)
2016	$	8,063
2015	$	12,210
2014	$	4,394

Impairment charges related to continuing operations were due to the abandonment of construction and software development projects, the abandonment and disposal of dealership equipment or Sonic’s estimate that based on historical and projected operating losses for certain dealerships, these dealerships would not be able to recover recorded property and equipment asset balances.