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PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2014
Property and Equipment

Property and equipment, at cost, consists of the following (in thousands):

 

     December 31,  
     2014      2013  

Land and improvements

   $ 127,221       $ 127,246   

Buildings and improvements

     3,048,836         3,058,748   

Equipment and software

     326,603         316,696   

Office furniture and fixtures

     30,884         30,969   

Construction in progress

     276,508         93,187   
  

 

 

    

 

 

 
  3,810,052      3,626,846   

Less: Accumulated depreciation

  (1,151,424   (1,080,233
  

 

 

    

 

 

 
$ 2,658,628    $ 2,546,613   
  

 

 

    

 

 

 
Schedule of Future Minimum Lease Payments

Future minimum lease payments as of December 31, 2014 under these operating leases, inclusive of $287.4 million of payments expected to be made under the cancelable lease at the South Texas facility, are as follows (in thousands):

 

2015

$ 83,427   

2016

  79,538   

2017

  73,412   

2018

  53,733   

2019

  —     

Thereafter

  —