Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment are recorded at cost, net of accumulated depreciation. Depreciation expense is recorded using the straight-line method over the estimated useful life of the related asset generally as follows:

Description	Estimated Useful Life
Buildings and improvements	15 to 40 years
Furniture and equipment	7 to 10 years
Leasehold improvements; assets under finance leases	The shorter of the useful life of the assets or the estimated remaining term of the associated lease
Computers and software	3 to 5 years

Property and equipment, net consisted of the following:

	As of December 31,
	2020		2019
	(in thousands)
Buildings and improvements	$	876,091	$	713,412
Furniture and equipment	346,698		317,567
Leasehold improvements	234,585		175,769
Computers and software	258,612		230,872
Land	33,128		—
Total property and equipment, gross	1,749,114		1,437,620
Less: accumulated depreciation	(790,580)		(692,540)
Total property and equipment, net	$	958,534	$	745,080