Property and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property and Equipment

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

	December 31,
	2013			2012
Land and improvements	$	553,561		$	515,538
Building and improvements	15,226,566			14,414,026
Furniture, fixtures, equipment and leasehold improvements	2,849,502			2,557,071
Transportation	439,976			411,671
Construction in progress	1,150,349			1,824,531
	20,219,954			19,722,837
Less — accumulated depreciation and amortization	(4,861,001		)	(3,956,089		)
	$	15,358,953		$	15,766,748

Construction in Progress

Construction in progress consists of the following (in thousands):

	December 31,
	2013		2012
Four Seasons Macao (principally the Four Seasons Apartments)	$	394,404	$	415,367
The Parisian Macao	318,914		59,510
Sands Cotai Central	111,704		913,432
Other	325,327		436,222
	$	1,150,349	$	1,824,531