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Property and Equipment | 9 Months Ended
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Sep. 30, 2013
Property Plant And Equipment [Abstract] |
Property and Equipment | 4. Property and Equipment Property and equipment consists of the following:
(In thousands) |  | September 30, 2013 |  |  | December 31, 2012 |
Land |  | $ | 185,371 |  |  | $ | 142,730 |
Building and improvements |  |  | 541,026 |  |  |  | 476,846 |
Office equipment and fixtures |  |  | 128,525 |  |  |  | 115,509 |
Parts and service equipment |  |  | 69,325 |  |  |  | 62,678 |
Company vehicles |  |  | 8,159 |  |  |  | 7,750 |
Construction in progress |  |  | 55,102 |  |  |  | 39,139 |
Total, at cost |  |  | 987,508 |  |  |  | 844,652 |
Less accumulated depreciation |  |  | (286,535 | ) |  |  | (249,528 | )
Property and equipment, net |  | $ | 700,973 |  |  | $ | 595,124 |
In the third quarter and nine-month periods ended September 30, 2013, capital expenditures were approximately $38.4 million and $127.5 million, respectively, and for the third quarter and nine-month periods ended September 30, 2012, capital expenditures were approximately $20.7 million and $55.2 million, respectively. Capital expenditures were primarily related to real estate acquisitions, construction of new dealerships, building improvements and equipment purchased for use in Sonic’s dealerships. In conjunction with the purchase of dealerships in the third quarter ended September 30, 2013, Sonic acquired approximately $18.8 million in real estate, property and equipment.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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