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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

8. PROPERTY AND EQUIPMENT, NET

The components of property and equipment, net as of December 31, 2015 and 2014, consisted of the following:

 

 

 

2015

 

 

2014

 

Land

 

$

286,200

 

 

$

286,200

 

Land improvements

 

 

281,612

 

 

 

289,892

 

Buildings

 

 

618,507

 

 

 

566,112

 

Rides, attractions and equipment

 

 

1,310,645

 

 

 

1,267,832

 

Animals

 

 

158,191

 

 

 

158,362

 

Construction in process

 

 

93,006

 

 

 

43,654

 

Less accumulated depreciation

 

 

(1,029,165

)

 

 

(867,421

)

Total property and equipment, net

 

$

1,718,996

 

 

$

1,744,631

 

 

Depreciation expense was approximately $174,700, $169,000 and $159,700 for the years ended December 31, 2015, 2014 and 2013, respectively.

In January 2016, the Company made a decision to remove deep-water lifting floors from the killer whale habitats at each of its three SeaWorld theme parks. As a result, in the first half of 2016, the Company expects to record approximately $33,000 of accelerated depreciation related to the disposal of these lifting floors.  These lifting floors are included in rides, attractions and equipment in the table above.