Property, Plant and Equipment and Leasehold Intangibles, Net

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment and Leasehold Intangibles, Net [Abstract]

Property, Plant and Equipment and Leasehold Intangibles, Net

7.  Property, Plant and Equipment and Leasehold Intangibles, Net

Property, plant and equipment and leasehold intangibles, net, which include assets under capital and financing leases, consisted of the following (dollars in thousands):

	June 30, 2016			December 31, 2015
Land	$	454,263		$	486,567
Buildings and improvements		5,120,742			5,260,826
Leasehold improvements		116,810			100,430
Furniture and equipment		937,658			895,447
Resident and leasehold operating intangibles		765,859			783,434
Construction in progress		83,552			138,054
Assets under capital and financing leases		2,933,330			2,909,653
		10,412,214			10,574,411
Accumulated depreciation and amortization		(2,720,736	)		(2,543,035	)
Property, plant and equipment and leasehold intangibles, net	$	7,691,478		$	8,031,376

Long-lived assets with definite useful lives are depreciated or amortized on a straight-line basis over their estimated useful lives (or, in certain cases, the shorter of their estimated useful lives or the lease term) and are tested for impairment whenever indicators of impairment arise. During the three and six months ended June 30, 2016, the Company recorded $2.4 million and $5.0 million, respectively, of impairment charges related to communities identified as held for sale, inclusive of the allocation of goodwill to the disposal. These impairment charges are primarily due to the excess of carrying value, including allocated goodwill, over the estimated selling price less costs to dispose. Refer to Note 4 for more information about the Company's community dispositions and assets held for sale. The Company recorded $1.8 million and $2.5 million of non-cash impairment charges for property, plant and equipment and leasehold intangibles for communities to be held and used for property damage sustained at the communities during the three and six months ended June 30, 2016, respectively.