PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2024

PROPERTY AND EQUIPMENT

Property and Equipment

5. PROPERTY AND EQUIPMENT:

Property and equipment at June 30, 2024 and December 31, 2023 is recorded at cost, with the exception of right-of-use finance lease assets and the initial value assigned to assets acquired in an acquisition, and summarized as follows (in thousands):

	June 30,		December 31,
	2024		2023
Land and land improvements	$	608,018	$	605,500
Buildings		4,446,190		4,396,302
Furniture, fixtures and equipment		1,213,285		1,138,769
Right-of-use finance lease assets		1,097		1,793
Construction-in-progress		195,710		122,923
		6,464,300		6,265,287
Accumulated depreciation and amortization		(2,418,834)		(2,309,701)
Property and equipment, net	$	4,045,466	$	3,955,586