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Property, Plant and Equipment and Leasehold Intangibles, Net (Tables)
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Depreciation and amortization is computed using the straight-line method over the estimated useful lives of the assets, which are as follows.
Asset CategoryEstimated
Useful Life
(in years)
Buildings and improvements 
40
Furniture and equipment 
3 – 10
Resident lease intangibles 
1 – 3
As of December 31, 2021 and 2020, net property, plant and equipment and leasehold intangibles, which include assets under financing leases, consisted of the following.
As of December 31,
(in thousands)20212020
Land$502,610 $505,298 
Buildings and improvements5,262,136 5,215,460 
Furniture and equipment990,006 945,783 
Resident and leasehold operating intangibles303,737 307,071 
Construction in progress51,037 61,491 
Assets under financing leases and leasehold improvements1,609,217 1,523,055 
Property, plant and equipment and leasehold intangibles8,718,743 8,558,158 
Accumulated depreciation and amortization(3,814,451)(3,490,098)
Property, plant and equipment and leasehold intangibles, net$4,904,292 $5,068,060