PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2013

6. PROPERTY AND EQUIPMENT:

Property and equipment of continuing operations at September 30, 2013 and December 31, 2012 is recorded at cost and summarized as follows (in thousands):


	September 30, 2013			December 31, 2012
Land and land improvements	$	242,075		$	241,292
Buildings		2,299,304			2,297,343
Furniture, fixtures and equipment		576,753			563,622
Construction-in-progress		26,410			27,534

		3,144,542			3,129,791
Accumulated depreciation		(1,060,295	)		(980,792	)

Property and equipment, net	$	2,084,247		$	2,148,999

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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