Property And Equipment

12 Months Ended

Dec. 31, 2011

5. Property and Equipment:

Property and equipment consists of the following (in thousands):


	December 31,
	2011			2010
Building	$	22,243		$	8,056
Land		6,683			2,032
Equipment and other		96,795			88,868

		125,721			98,956
Accumulated depreciation		(65,191	)		(56,182)

	$	60,530		$	42,774

During the year ended December 31, 2011, the Company completed the purchase of an office building for approximately $18.5 million.

At December 31, 2011 and 2010, property and equipment includes medical and other equipment held under capital leases of approximately $1.6 million and $1.0 million, and related accumulated depreciation of approximately $1.1 million and $0.8 million, respectively. The Company recorded depreciation expense of approximately $15.0 million, $13.5 million and $11.2 million for the years ended December 31, 2011, 2010 and 2009, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details