Operating Property

12 Months Ended

Dec. 30, 2023

Operating Property

(5) Operating Property

Operating property is summarized as follows (in thousands):

	Dec. 30, 2023		Dec. 31, 2022
Land	$	16,328	$	16,328
Buildings and improvements		71,157		69,160
Trailing equipment		491,208		502,322
Information technology hardware and software		132,153		110,626
Other equipment		10,136		9,828
Total operating property, gross		720,982		708,264
Less accumulated depreciation and amortization		436,682		393,274
Total operating property, net	$	284,300	$	314,990

Included above is $143,542,000 in fiscal year 2023 and $185,609,000 in fiscal year 2022 of operating property under finance leases, $100,188,000 and $137,087,000, respectively, net of accumulated depreciation and amortization. Landstar acquired operating property by entering into finance leases in the amount of $4,093,000 in fiscal year 2023, $30,659,000 in fiscal year 2022 and $48,674,000 in fiscal year 2021.