Property and equipment consisted of the following at December 31, 2025 and December 31, 2024 (in thousands):


	December 31, 2025			December 31, 2024			Useful life (years)
Buildings and leasehold improvements	$	118,945		$	103,945		1-15
Furniture and equipment		88,011			84,720		3-10
Computer systems and equipment		181,595			172,437		3-10
Construction equipment		15,739			6,463		5-7
Construction in progress		51,070			30,342
		455,360			397,907
Accumulated depreciation		(304,299	)		(286,332	)
Property and equipment, net	$	151,061		$	111,575

Depreciation expense of $42.0 million, $37.4 million, and $39.1 million was recorded for the years ended December 31, 2025, December 31, 2024 and December 31, 2023, respectively.