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Property and Equipment
9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 7. Property and Equipment

Property and equipment consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

2019

 

 

2018

 

Land and land interests

 

$

33,984

 

 

$

32,887

 

Buildings and leasehold improvements

 

 

366,633

 

 

 

238,995

 

Equipment and other

 

 

411,824

 

 

 

383,284

 

Gross property and equipment

 

 

812,441

 

 

 

655,166

 

Accumulated depreciation

 

 

(351,165

)

 

 

(321,319

)

Property and equipment, net (excluding finance leases)

 

 

461,276

 

 

 

333,847

 

Finance lease right-of-use assets, net

 

 

25,257

 

 

 

 

Property and equipment, net

 

$

486,533

 

 

$

333,847

 

 

Depreciation expense was $12.7 million for the three months ended September 30, 2019 and $34.0 million for the nine months ended September 30, 2019. Depreciation expense was $13.3 million for the three months ended September 30, 2018 and $35.9 million for nine months ended September 30, 2018.

 

Amortization expense on finance leases was $0.7 million for the three months ended September 30, 2019 and $1.9 million for the nine months ended September 30, 2019.

Property and equipment purchased through accounts payable and accrued liabilities increased $2.0 million during the nine months ended September 30, 2019 and $4.4 million for the nine months ended September 30, 2018.