Property and Equipment

12 Months Ended

Dec. 31, 2020

Property Plant And Equipment [Abstract]

Note 5. Property and Equipment

Property and equipment consisted of the following at December 31, 2020 and 2019:

	December 31,
(in thousands)	2020			2019
Land and land improvements	$	77,334		$	79,720
Buildings and leasehold improvements		341,542			339,503
Furniture, fixtures and equipment		118,027			115,051
Software		76,113			75,448
Assets under development		39,301			20,014
		652,317			629,736
Accumulated depreciation and amortization		(271,801	)		(249,527	)
Property and equipment, net	$	380,516		$	380,209

Assets under development is comprised primarily of software design and implementation costs.

Depreciation and amortization expense was $30.1 million, $30.9 million and $26.5 million for the years ended December 31, 2020, 2019, and 2018, respectively.

Property and Equipment Held for Sale

Certain of the Company’s property and equipment meet the criteria to be classified as assets held for sale. The carrying values of such assets were $1.6 million and $0.3 million at December 31, 2020 and 2019, respectively, and were reported within Other Assets in the consolidated balance sheets. For more information on the Company’s policy for accounting for assets held for sale, refer to Note 1 – Summary of Significant Accounting Policies and Recent Accounting Pronouncements.