XML 38 R32.htm IDEA: XBRL DOCUMENT v3.24.3
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2024
Property Plant And Equipment [Abstract]  
Summary of Property and Equipment

Property and equipment consisted of the following (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Land

 

$

197,638

 

 

$

183,347

 

Building and improvements

 

 

2,123,652

 

 

 

2,064,353

 

Equipment

 

 

424,361

 

 

 

365,826

 

Construction in progress

 

 

799,001

 

 

 

420,430

 

 

 

 

3,544,652

 

 

 

3,033,956

 

Less: accumulated depreciation

 

 

(864,845

)

 

 

(767,346

)

Property and equipment, net

 

$

2,679,807

 

 

$

2,266,610

 

During the three months ended September 30, 2024, the Company recorded non-cash property impairment charges of $8.8 million and non-cash operating lease right-of-use asset impairment charges of $1.4 million related to certain closed facilities, which are included in loss on impairment in the condensed consolidated statements of operations. During the nine months ended September 30, 2024, the Company recorded non-cash property impairment charges of $9.8 million and non-cash operating lease right-of-use asset impairment charges of $1.4 million related to certain closed facilities, which are included in loss on impairment in the condensed consolidated statements of operations. During the nine months ended September 30, 2023, the Company recorded non-cash property impairment charges of $2.0 million and non-cash operating lease right-of-use asset impairment charges of $2.0 million related to the closure of certain facilities, which are included in loss on impairment in the condensed consolidated statements of operations.

The Company has recorded assets held for sale within other current assets on the condensed consolidated balance sheets for closed properties actively marketed of $10.9 million and $11.5 million at September 30, 2024 and December 31, 2023, respectively.