PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

6. PROPERTY AND EQUIPMENT

Property and equipment and related accumulated depreciation and amortization consisted of the following at December 31:

	2011			2010
	(In thousands)
Land and land improvements	$	32,680			$	31,426
Buildings and improvements		478,596				475,332
Furniture and equipment		38,715				30,433
Leasehold improvements		11,009				8,442
Construction in progress		4,723				4,770
		565,723				550,403
Less accumulated depreciation and amortization		(134,990	)			(113,100	)
	$	430,733			$	437,303

In 2011 and 2010, ALC capitalized $0.7 million and $5.6 million related to the ongoing expansion program, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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