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Property and Equipment, Net
3 Months Ended
Mar. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

Note 3 – Property and Equipment, Net

The following table summarizes the components of property and equipment, net:

 

(In thousands)

 

March 31, 2017

 

 

December 31, 2016

 

Land

 

$

12,470

 

 

$

12,470

 

Building and site improvements

 

 

83,927

 

 

 

77,515

 

Furniture and equipment

 

 

75,779

 

 

 

75,740

 

Construction in process

 

 

6,456

 

 

 

5,246

 

Property and equipment

 

 

178,632

 

 

 

170,971

 

Less: Accumulated depreciation

 

 

(37,989

)

 

 

(33,390

)

Property and equipment, net

 

$

140,643

 

 

$

137,581

 

 

Depreciation expense for the three months ended March 31, 2017 and 2016, was $4.6 million and $4.3 million, respectively.