Property, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, NET

At December 31, 2023 and 2022, property consisted of the following:


	Estimated Depreciable Life in Years	December 31,
		2023		2022
Buildings (a)	33	$	170,830	$	135,103
Leasehold improvements (a)	3-20	233,732		208,323
Furniture and equipment	3-10	230,713		236,194
Construction in progress		11,788		65,562
Total		647,063		645,182
Less - Accumulated depreciation and amortization (a)		414,547		395,109
Property, net		$	232,516	$	250,073

________________________

(a)The Company classified assets relating to an owned office building as held for sale as of December 31, 2023, the carrying amount of which was $72,921 (net of accumulated depreciation). The owned office building is available for immediate sale in its present condition and the Company expects the owned office building to be sold within one year. The property held for sale is reported within the Corporate segment. Effective January 1, 2024, depreciation expense will no longer be recorded on this asset.