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Property and Equipment
 3 Months Ended
Mar. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 4. PROPERTY AND EQUIPMENT

The following is a summary of property and equipment as of March 31, 2017 and December 31, 2016:

 

 

 

March 31,

2017

 

 

December 31,

2016

 

 

 

(in thousands)

 

Land

 

$

740,690

 

 

$

740,996

 

Buildings and improvements

 

 

2,640,515

 

 

 

2,621,924

 

Furniture, fixtures, equipment and other

 

 

442,886

 

 

 

429,307

 

Total property and equipment

 

 

3,824,091

 

 

 

3,792,227

 

Less accumulated depreciation

 

 

(1,428,182

)

 

 

(1,397,514

)

Property and equipment, net

 

 

2,395,909

 

 

 

2,394,713

 

Construction in progress

 

 

75,504

 

 

 

62,067

 

Total property and equipment, net of accumulated

   depreciation

 

$

2,471,413

 

 

$

2,456,780

 

 

Depreciation and amortization expense related to property and equipment was $36.0 million and $38.3 million for the three months ended March 31, 2017 and 2016, respectively. Construction in progress includes capitalized costs for ongoing projects that have not yet been put into service.