Annual report pursuant to Section 13 and 15(d)

Property And Equipment

v3.20.1
Property And Equipment
12 Months Ended
Dec. 31, 2019
Property And Equipment [Abstract]  
Property and Equipment 8. Property and Equipment

Our property and equipment consists of the following (dollars in thousands):

As of December 31,

Useful
Lives

2019

2018

Land, buildings and building improvements

3-31 years

68,389

69,835

Computer hardware and software

1-5 years

52,130

42,980

Furniture, fixtures and equipment

3-14 years

16,997

24,652

Leasehold improvements

3-14 years

8,220

8,444

Transportation and equipment

5 years

496

2,390

146,232

148,301

Accumulated depreciation and amortization

(46,970)

(50,022)

Total

$

99,262

$

98,279

Depreciation and amortization expense related to our property and equipment was $14.0 million, $12.3 million and $9.6 million for the years ended December 31, 2019, 2018 and 2017, respectively. In December 2019, we conveyed the ski and golf operations and related property at one of our resorts to the HOA, which resulted in a loss on the disposal of approximately $5.6 million.