Property And Equipment

12 Months Ended

Dec. 31, 2011

Property And Equipment

Property And Equipment

Note 8:  PROPERTY AND EQUIPMENT

Land, buildings and equipment owned by the Company and its subsidiaries at December 31, 2011 and 2010 are summarized as follows (in thousands):

	December 31
	2011			2010
Buildings and leasehold improvements	$	95,374		$	93,799
Furniture and equipment		56,387			54,553
Less accumulated depreciation		(80,949	)		(72,394	)
Subtotal		70,812			75,958
Land		20,623			20,544
Property and equipment, net	$	91,435		$	96,502

The Company’s depreciation expense related to property and equipment was $8.6 million, $9.2 million, and $9.8 million for the years ended December 31, 2011, 2010 and 2009, respectively.  The Company’s rental expense was $6.7 million, $6.8 million, and $7.0 million for the years ended December 31, 2011, 2010 and 2009, respectively.

The Company’s obligations under long-term property leases over the next five years is as follows:

Year		Amount
	2012	$	6.7 million
	2013		5.6 million
	2014		5.1 million
	2015		3.2 million
	2016		2.5 million
	Thereafter		10.8 million