Property and Equipment

9 Months Ended

Sep. 30, 2019

Property and Equipment

Property and Equipment

5. PROPERTY AND EQUIPMENT:

Property and equipment, including right-of-use finance lease assets, at September 30, 2019 and December 31, 2018 is recorded at cost (except for right-of-use finance lease assets) and summarized as follows (in thousands):

	September 30,		December 31,
	2019		2018
Land and land improvements	$	348,867	$	347,654
Buildings		3,427,468		3,379,041
Furniture, fixtures and equipment		963,901		913,528
Right-of-use finance lease assets		1,613		—
Construction-in-progress		56,021		48,295
		4,797,870		4,688,518
Accumulated depreciation and amortization		(1,666,505)		(1,539,423)
Property and equipment, net	$	3,131,365	$	3,149,095