Property and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Property and equipment, net consists of the following:


	December 31, 2018		December 31, 2017
	(In thousands)
Land	$	381,527	$	370,828
Building and improvements	989,872		893,768
Software and computer equipment	116,348		147,812
Parts and service equipment	108,040		105,123
Office equipment and fixtures	96,622		96,066
Company vehicles	9,139		9,723
Construction in progress	59,523		54,429
Total, at cost	1,761,071		1,677,749
Less accumulated depreciation	(575,720)		(527,379)
Subtotal	1,185,351		1,150,370
Less assets held for sale (1)	(6,862)		(3,489)
Property and equipment, net	$	1,178,489	$	1,146,881

(1) Classified in other current assets in the accompanying consolidated balance sheets.

Interest capitalized in conjunction with construction projects and software development was approximately $1.5 million, $2.2 million and $2.8 million for 2018, 2017 and 2016, respectively. As of December 31, 2018, commitments for facility construction projects totaled approximately $19.2 million.

During 2018, 2017 and 2016, property and equipment impairment charges were recorded as noted in the following table:


Year Ended December 31,	(In thousands)
2018	$	27,414
2017	$	4,894
2016	$	8,063

Impairment charges were due to the abandonment of construction projects and internally developed software, the abandonment and disposal of dealership equipment or our 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.