As of December 31, 2016 and 2015, property and equipment, net consisted of the following (in thousands):
|
|
|
December 31, |
|
||||
|
|
|
2016 |
|
2015 |
|
||
|
Land improvements |
|
$ |
23,820 |
|
$ |
21,966 |
|
|
Building |
|
|
38,367 |
|
|
39,209 |
|
|
Equipment |
|
|
5,185 |
|
|
5,117 |
|
|
Motor vehicles |
|
|
521 |
|
|
598 |
|
|
Furniture and fixtures |
|
|
4,033 |
|
|
3,937 |
|
|
Capitalized software |
|
|
2,099 |
|
|
2,099 |
|
|
Gross property and equipment |
|
|
74,025 |
|
|
72,926 |
|
|
Less: accumulated depreciation |
|
|
(40,345) |
|
|
(37,953) |
|
|
Property and equipment, net |
|
$ |
33,680 |
|
$ |
34,973 |
|