PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

Land, buildings and equipment owned by the Company and its subsidiaries at December 31, 2022 and 2021 are summarized as follows (in thousands):

	December 31
	2022		2021
Land(1)	$	27,064	$	29,387
Buildings and leasehold improvements(1)	145,128		150,238
Furniture and equipment	129,451		121,637
	301,643		301,262
Less accumulated depreciation	(162,889)		(152,503)
Property and equipment, net	$	138,754	$	148,759

(1) The Company had $4.5 million and $3.3 million of properties held for sale that were included in land and buildings at December 31, 2022 and 2021, respectively.

The Company’s depreciation expense related to property and equipment was $16.9 million, $17.3 million, and $18.1 million for the years ended December 31, 2022, 2021 and 2020, respectively.