Property and Equipment

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consist of the following at March 31, 2022 and December 31, 2021 (in thousands):

	March 31, 2022		December 31, 2021
Gaming terminals and equipment	$	236,745	$	225,692
Amusement and other equipment	18,848		18,547
Office equipment and furniture	1,827		1,731
Computer equipment and software	14,554		14,319
Leasehold improvements	4,836		4,127
Vehicles	11,881		11,518
Buildings and improvements	10,997		10,997
Land	911		911
Construction in progress	1,581		3,898
Total property and equipment	302,180		291,740
Less accumulated depreciation and amortization	(144,902)		(139,489)
Property and equipment, net	$	157,278	$	152,251

Depreciation and amortization of property and equipment was $5.8 million and $6.0 million for the three months ended March 31, 2022, and 2021, respectively. Depreciation expense in 2022 reflected a change in estimate as the Company extended the useful lives of its gaming terminals and equipment from 10 years to 13 years in the fourth quarter of 2021.