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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consisted of the following:

 

 

 

December 31,

 

(in thousands)

 

2023

 

 

2022

 

Land and land interests(1)

 

$

31,184

 

 

$

30,902

 

Buildings and leasehold improvements

 

 

445,074

 

 

 

409,852

 

Equipment and other

 

 

455,070

 

 

 

413,485

 

Gross property and equipment

 

 

931,328

 

 

 

854,239

 

Accumulated depreciation

 

 

(395,557

)

 

 

(362,195

)

Property and equipment, net (excluding finance leases)

 

 

535,771

 

 

 

492,044

 

Finance lease ROU assets, net

 

 

57,120

 

 

 

57,534

 

Property and equipment, net

 

$

592,891

 

 

$

549,578

 

(1)
Land and land interests include certain leasehold interests in land within Pursuit for which we are considered to have perpetual use rights. The carrying amount of these leasehold interests was $8.1 million as of December 31, 2023 and $7.8 million as of December 31, 2022. These land interests are not subject to amortization.