Fixed Assets

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Fixed Assets

FIXED ASSETS

Fixed assets consisted of the following:

		December 31,
	Estimated useful lives	2021		2020
	(In years)	(In thousands)
Buildings	20 - 40	$	206,453	$	207,756
Furniture, equipment and software	3 - 10	282,248		283,437
Leasehold improvements	Shorter of the lease term or the estimated useful life	539,766		540,828
Land	—	102,405		103,996
Total fixed assets		1,130,872		1,136,017
Accumulated depreciation		(532,738)		(507,260)
Fixed assets — net		$	598,134	$	628,757

Fixed assets include construction in progress of $16.3 million and $34.0 million at December 31, 2021 and 2020, respectively, which was primarily comprised of leasehold improvements. The Company recorded depreciation expense of $79.7 million, $80.0 million and $74.6 million for the years ended December 31, 2021, 2020, and 2019, respectively.