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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2016
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, 2016 and 2015, consisted of the following:

 

 

 

2016

 

 

2015

 

Land

 

$

286,200

 

 

$

286,200

 

Land improvements

 

 

316,774

 

 

 

281,612

 

Buildings

 

 

645,013

 

 

 

618,507

 

Rides, attractions and equipment

 

 

1,368,018

 

 

 

1,310,645

 

Animals

 

 

158,199

 

 

 

158,191

 

Construction in process

 

 

54,242

 

 

 

93,006

 

Less accumulated depreciation

 

 

(1,161,631

)

 

 

(1,029,165

)

Total property and equipment, net

 

$

1,666,815

 

 

$

1,718,996

 

 

Depreciation expense was approximately $191,500, $174,700 and $169,000 for the years ended December 31, 2016, 2015 and 2014, respectively.

In January 2016, the Company made a decision to remove deep-water lifting floors from the orca habitats at each of its three SeaWorld theme parks. As a result, during the first quarter of 2016, the Company recorded approximately $33,700 of accelerated depreciation related to the disposal of these lifting floors.  These lifting floors are included in rides, attractions and equipment as of December 31, 2015 in the table above.