Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment and estimated useful lives at December 31 are summarized as follows:

(in thousands)	2023		2022
Land	$	805	$	805
Office buildings and improvements (25 years)	6,168		6,460
Furniture, fixtures and equipment (3 to 10 years)	33,966		25,202
Automobiles (3 years)	1,405		1,367
Total	42,344		33,834
Less accumulated depreciation	(18,458)		(16,049)
Property and equipment, net	$	23,886	$	17,785

Included within furniture, fixtures and equipment is software developed by the Company for internal use. Capitalized costs include both direct and indirect costs, such as payroll costs of employees associated with developing software, incurred during the software development stage.