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Property and Equipment
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 7. Property and Equipment

Property and equipment consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

(in thousands)

 

2020

 

 

2019

 

Land and land interests

 

$

34,169

 

 

$

34,532

 

Buildings and leasehold improvements

 

 

361,971

 

 

 

377,754

 

Equipment and other

 

 

417,965

 

 

 

417,239

 

Gross property and equipment

 

 

814,105

 

 

 

829,525

 

Accumulated depreciation

 

 

(355,439

)

 

 

(353,974

)

Property and equipment, net (excluding finance leases)

 

 

458,666

 

 

 

475,551

 

Finance lease right-of-use assets, net

 

 

22,956

 

 

 

25,350

 

Property and equipment, net

 

$

481,622

 

 

$

500,901

 

 

 

Depreciation expense was $12.2 million for the three months ended March 31, 2020 and $10.1 million for the three months ended March 31, 2019.

 

Amortization expense on finance lease assets was $0.9 million for the three months ended March 31, 2020 and $0.6 million for the three months ended March 31, 2019.

Property and equipment purchased through accounts payable and accrued liabilities decreased $4.6 million during the three months ended March 31, 2020 and decreased $1.5 million during the three months ended March 31, 2019.