Fixed Assets

The following table presents the components of fixed assets:



	December 31,
	2015			2014
	(Amounts in thousands)
Land	$	26,770		$	26,770
Buildings and improvements	132,529			131,174
Furniture and equipment	109,802			107,288
Capitalized software	178,113			162,065
Leasehold improvements	9,109			8,991
	456,323			436,288
Less accumulated depreciation and amortization	(299,192		)	(277,312		)
Fixed assets, net	$	157,131		$	158,976

Depreciation expense, including amortization of leasehold improvements, was $20.5 million, $22.1 million, and $24.6 million during 2015, 2014, and 2013, respectively.