Property and Equipment

9 Months Ended

Sep. 30, 2011

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

7. PROPERTY AND EQUIPMENT:

Property and equipment of continuing operations at September 30, 2011 and December 31, 2010 is recorded at cost and summarized as follows (in thousands):

	September 30, 2011			December 31, 2010
Land and land improvements	$	216,659		$	214,989
Buildings		2,263,550			2,241,813
Furniture, fixtures and equipment		518,458			482,011
Construction in progress		64,331			51,843
		3,062,998			2,990,656
Accumulated depreciation		(862,806	)		(789,211	)
Property and equipment, net	$	2,200,192		$	2,201,445

During the three months and nine months ended September 30, 2011, the Company recognized a $3.5 million charge to dispose of certain fixed assets associated with the construction of its new resort pools at Gaylord Palms. This charge included $3.2 million to write off the fixed assets, which is included in depreciation expense, and $0.3 million in disposal costs, which is included in Other gains and losses, net in the accompanying condensed consolidated statements of operations.