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

Property and equipment as of March 31, 2017 and December 31, 2016 consists of the following (in thousands):

 
March 31, 2017
 
December 31, 2016
Land
$
602,857

 
$
553,769

Land improvements
7,994

 
7,994

Buildings and site improvements
2,415,647

 
2,355,871

Furniture, fixtures and equipment
475,163

 
428,991

Construction in progress
11,437

 
35,253

 
3,513,098

 
3,381,878

Less: accumulated depreciation
(759,582
)
 
(735,202
)
 
$
2,753,516

 
$
2,646,676



As of March 31, 2017 and December 31, 2016, we had accrued capital expenditures of $17.6 million and $10.8 million, respectively.