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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET

Land, buildings and equipment owned by the Company and its subsidiaries at December 31, 2019 and 2018 are summarized as follows (in thousands):
 
December 31
 
2019
 
2018
Land(1)
$
34,841

 
$
37,835

Buildings and leasehold improvements(1)
169,272

 
163,813

Furniture and equipment
123,851

 
122,614

 
327,964

 
324,262

Less accumulated depreciation
(149,956
)
 
(152,453
)
Property and equipment, net
$
178,008

 
$
171,809


(1) The Company had $1.5 million and $557,000 of properties held for sale that were included in land and buildings at December 31, 2019 and 2018, respectively.

The Company’s depreciation expense related to property and equipment was $17.3 million, $15.2 million, and $14.7 million for the years ended December 31, 2019, 2018 and 2017, respectively.  The Company’s rental expense was $17.3 million, $17.2 million, and $16.4 million for the years ended December 31, 2019, 2018 and 2017, respectively.