Property and equipment, net

12 Months Ended

Dec. 31, 2011

Property and equipment, net [Abstract]

5. Property and equipment, net

Property and equipment, net are shown at historical cost and as of December 31, consist of the following:

	(in thousands)
	2011			2010
Land	$	3,495		$	3,602
Buildings and improvements		21,286			21,109
Revenue equipment		67,704			87,104
Service equipment		27,456			25,339
Computers, software and related equipment		28,524			28,165
Work in progress		355			274
		148,820			165,593
Less accumulated depreciation		(91,063	)		(92,600	)
Property and equipment, net	$	57,757		$	72,993

Frozen Food Express Industries, Inc. and Subsidiaries

Notes to Consolidated Financial Statements (continued)

Included in revenue equipment is $3.0 million of property and equipment recorded as assets financed under capital leases. Amortization of assets financed under capital leases was recorded under depreciation expense on the Consolidated Statement of Operations. For the year ended December 31, 2011, $0.2 million was included in depreciation expense related to these assets financed under capital leases. There was no depreciation expense for assets financed under capital leases in prior years presented in our financial statements.

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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