PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

Land, buildings and equipment owned by the Company and its subsidiaries at December 31, 2023 and 2022 are summarized as follows (in thousands):

	December 31
	2023		2022
Land(1)	$	26,133	$	27,064
Buildings and leasehold improvements (1)	145,467		145,128
Furniture and equipment	137,640		129,451
	309,240		301,643
Less accumulated depreciation	(177,009)		(162,889)
Property and equipment, net	$	132,231	$	138,754

(1) The Company had $1.9 million and $4.5 million of properties held for sale that were included in land and buildings at December 31, 2023 and 2022, respectively.

The Company’s depreciation expense related to property and equipment was $17.9 million, $16.9 million and $17.3 million for the years ended December 31, 2023, 2022 and 2021, respectively.