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Property and Equipment | 12 Months Ended
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Dec. 31, 2015
Property Plant And Equipment [Abstract] |
Property and Equipment | 8. PROPERTY AND EQUIPMENT The cost basis and estimated useful lives of property and equipment for continuing operations as of December 31, 2015 and 2014 are as follows (dollars in thousands):
|  | December 31, |  |  |
|  | 2015 |  |  | 2014 |  |  | Life
Leasehold improvements |  | $ | 264,282 |  |  | $ | 331,867 |  |  | Shorter of Life of Lease or Useful Life
Computer hardware and software |  |  | 124,899 |  |  |  | 126,694 |  |  | 3 years
Furniture, fixtures and equipment |  |  | 88,776 |  |  |  | 107,645 |  |  | 5-10 years
Culinary equipment and library materials |  |  | 17,822 |  |  |  | 20,404 |  |  | 10 years
Building and improvements |  |  | 8,657 |  |  |  | 10,966 |  |  | 15-35 years
Vehicles |  |  | 533 |  |  |  | 791 |  |  | 5 years
Construction in progress |  |  | 2,196 |  |  |  | 418 |  |  |
|  |  | 507,165 |  |  |  | 598,785 |  |  |
Less-accumulated depreciation |  |  | (448,916 | ) |  |  | (483,181 | ) |  |
Total property and equipment, net |  | $ | 58,249 |  |  | $ | 115,604 |  |  |
Depreciation expense for continuing operations for the years ended December 31, 2015, 2014 and 2013 was $24.8 million, $52.6 million and $61.1 million, respectively. Depreciation expense for discontinued operations, included in (loss) income from discontinued operations, was zero for the year ended December 31, 2015 and $2.0 million and $10.7 million for the years ended December 31, 2014 and 2013, respectively. Property and equipment was affected by asset impairment charges of approximately $41.7 million for the year ended December 31, 2015 and $25.0 million for the year ended December 31, 2014, primarily as a result of the reduction in carrying values for campuses that are being taught out, decisions made to exit certain leased facilities, and for certain long-lived assets which were expected to generate negative cash flows through the respective lease end dates and as such the carrying values were not recoverable. The fair value for these assets was determined based upon management’s assumptions regarding an estimated percentage of replacement value for similar assets and estimated salvage values. Because the determination of the estimated fair value of these assets requires significant estimation and assumptions, these fair value measurements are categorized as Level 3 per ASC Topic 820. For assets with remaining fair value existing at our teach-out campuses, depreciation expense will be recorded over the shorter of the remaining useful life or the teach-out date for the campus.

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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 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 Reference 2: 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=51717284&loc=d3e1361-107760 Reference 3: 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=51719941&loc=d3e2921-110230 Reference 4: 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 + Details
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