
(In thousands)	December 31,				Estimated Useful Lives
	2023		2022
Program, service and test equipment	$	336,803	$	314,234	2 to 5 years
Satellite equipment	40,536		40,051		Term of lease
Furniture and fixtures	11,750		12,490		3 to 8 years
Transmission equipment	29,924		30,169		5 years

Leasehold improvements	143,932		149,996		Term of lease
Property and equipment	562,945		546,940
Accumulated depreciation and amortization	(403,708)		(344,906)
Property and equipment, net	$	159,237	$	202,034

Depreciation and amortization expenses on property and equipment (including equipment under finance leases) amounted to $66.9 million, $65.8 million and $54.8 million, for the years ended December 31, 2023, 2022 and 2021, respectively.

In connection with exiting a portion of its New York office space, the Company recorded an impairment charge of $2.5 million for leasehold improvements. See Note 5 for further discussion of the impairment charges taken in connection with the Company's restructuring plan.

At December 31, 2023 and 2022, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:


(In thousands)	December 31,
	2023		2022
Satellite equipment	$	40,536	$	40,051
Less accumulated amortization	(30,652)		(29,069)
	$	9,884	$	10,982