Property and equipment consist of the following (amounts in thousands):
|
|
|
As of December 31, |
| |||
|
|
|
2012 |
|
2011 |
| |
|
|
|
|
|
|
| |
|
Property and equipment, net: |
|
|
|
|
| |
|
Land |
|
$ |
23,170 |
|
34,896 |
|
|
Buildings and leasehold improvements |
|
35,206 |
|
54,575 |
| |
|
Machinery and equipment |
|
28,685 |
|
22,763 |
| |
|
|
|
87,061 |
|
112,234 |
| |
|
Accumulated depreciation |
|
(30,570 |
) |
(37,537 |
) | |
|
|
|
$ |
56,491 |
|
74,697 |
|