Property and Equipment

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Property and equipment, net, consisted of the following:


(In thousands)	September 30, 2023		December 31, 2022
Land	$	125,240	$	125,240
Building and improvements	962,932		923,157
Furniture and equipment	194,536		244,735
Construction in process	12,406		23,224
Property and equipment	1,295,114		1,316,356
Accumulated depreciation	(486,936)		(475,625)
Property and equipment, net	$	808,178	$	840,731

Depreciation expense for property and equipment, including finance leases, was $21.9 million and $65.2 million for the three and nine months ended September 30, 2023, respectively, and $22.4 million and $70.3 million for the three and nine months ended September 30, 2022, respectively.

The Company reviews the carrying amounts of its long-lived assets, other than goodwill and indefinite-lived intangible assets, for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Based on the results of its interim impairment assessments conducted during the three and nine months ended September 30, 2023 and 2022, the Company concluded that there was no impairment of the Company’s long-lived assets.