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Land and Buildings, net (Penn)
9 Months Ended
Sep. 30, 2013
Penn
 
Land and Buildings, net  
Land and Buildings, net

3.   Land and Buildings, net

 

Land and buildings, net, consists of the following (in thousands):

 

 

 

September 30, 2013

 

December 31, 2012

 

 

 

(Unaudited)

 

 

 

 

 

 

 

 

 

Land and improvements

 

$

382,598

 

$

385,273

 

Building and improvements

 

2,083,368

 

2,026,028

 

Total land and buildings

 

2,465,966

 

2,411,301

 

Less accumulated depreciation

 

(462,053

)

(403,130

)

Land and buildings, net

 

$

2,003,913

 

$

2,008,171