Property and Equipment, Net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net consisted of the following:

	Useful life in years	December 31,
(Dollar amounts in thousands)		2021		2020
Buildings	30	$	1,359	$	1,437
Data processing equipment	3 - 5	141,359		124,897
Furniture and equipment	3 - 20	7,718		6,691
Leasehold improvements	5 - 10	3,277		3,098
		153,713		136,123
Less—accumulated depreciation and amortization		(106,365)		(93,826)
Depreciable assets, net		47,348		42,297
Land		1,185		1,241
Property and equipment, net		$	48,533	$	43,538

Depreciation and amortization expense related to property and equipment was $17.4 million, $17.4 million, and $16.6 million for the years ended December 31, 2021, 2020 and 2019, respectively.