Operating Property

12 Months Ended

Dec. 31, 2022

Operating Property

(6) Operating Property

Operating property is summarized as follows (in thousands):

	Dec. 31, 2022		Dec. 25, 2021
Land	$	16,328	$	16,328
Buildings and improvements		69,160		65,034
Trailing equipment		502,322		479,300
Information technology hardware and software		110,626		91,115
Other equipment		9,828		9,708
Total operating property, gross		708,264		661,485
Less accumulated depreciation and amortization		393,274		344,099
Total operating property, net	$	314,990	$	317,386

Included above is $185,609,000 in fiscal year 2022 and $189,053,000 in fiscal year 2021 of operating property under finance leases, $137,087,000 and $143,227,000, respectively, net of accumulated depreciation and amortization. Landstar acquired operating property by entering into finance leases in the amount of $30,659,000 in fiscal year 2022, $48,674,000 in fiscal year 2021 and $31,633,000 in fiscal year 2020.