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REAL ESTATE AND RELATED ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Property and Equipment

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

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Land and improvements

 

$

247,525

 

 

$

253,289

 

Buildings and improvements

 

 

3,175,090

 

 

 

3,171,307

 

Equipment and software

 

 

436,831

 

 

 

420,894

 

Office furniture and fixtures

 

 

38,256

 

 

 

37,704

 

Construction in progress

 

 

43,263

 

 

 

26,466

 

 

 

 

3,940,965

 

 

 

3,909,660

 

Less: Accumulated depreciation

 

 

(1,657,709

)

 

 

(1,559,388

)

 

 

$

2,283,256

 

 

$

2,350,272