Property and Equipment

12 Months Ended

Dec. 31, 2014

Property and Equipment

The composition of property and equipment as of December 31, 2013 and 2014 is as follows (in thousands):

	2013			2014
Land	$	7,138		$	7,138		—
Buildings and improvements		19,105			18,998		5–40
Furniture, equipment, and computer hardware and software		159,160			153,417		5–10
Leasehold improvements		39,299			38,732		3–10
Construction in progress		790			1,942		—
		225,492			220,227
Accumulated depreciation and amortization		(131,071	)		(137,961	)
	$	94,421		$	82,266

Construction in progress includes costs associated with the construction of new campuses and the development of information technology applications. In 2013 and 2014, the Company recorded leasehold improvements of $0.3 million and $0.1 million, respectively, which were reimbursed by lessors as lease incentives. In 2013 and 2014, the Company wrote off $0.8 million and $13.6 million, respectively, in fixed assets that were fully depreciated and no longer in service.

- 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.

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