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Property and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
Property and equipment consisted of the following at December 31:
(in thousands)
 
Estimated Useful Life
 
2018

 
2017

Computer Software and Hardware
 
1
to
7 years
 
$
85,894

 
$
62,303

Leasehold Improvements
 
Up to term of lease
 
33,379

 
21,975

Transportation Equipment
 
3
to
12 years
 
17,851

 
17,851

Office Furniture and Equipment
 
4
to
15 years
 
6,042

 
6,102

Total Cost
 
 
 
 
 
143,166

 
108,231

Accumulated Depreciation
 
 
 
 
 
(89,937
)
 
(70,561
)
Property and Equipment, net
 
 
 
 
 
$
53,229

 
$
37,670


Depreciation expense was $12.9 million, $11.1 million and $9.7 million for the years ended December 31, 2018, 2017 and 2016, respectively, and was recorded in Office and Occupancy expense on the Consolidated Statements of Income.