Property and Equipment, Net (Tables)

12 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

The major categories of property and equipment are depreciated on a straight-line basis using the estimated lives indicated below:

	Estimated Useful Lives
Buildings	Up to 40 years
Equipment	1 year to 30 years
Aircraft	20 years
Furniture and fixtures	1 year to 10 years
Leasehold improvements	Shorter of term of lease or useful life of improvement

As of June 30, 2022 and 2021, property and equipment, net consisted of the following assets: 

	June 30,
	2022		2021
Land	$	140,239	$	150,750
Buildings	997,345		996,295
Equipment	437,177		405,835
Aircraft	38,090		38,090
Furniture and fixtures	39,863		40,660
Leasehold improvements	232,819		214,678
Construction in progress (a)	2,031,972		1,194,525
	3,917,505		3,040,833
Less accumulated depreciation and amortization	(978,453)		(884,541)
	$	2,939,052	$	2,156,292

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(a) Interest is capitalized during the construction period for significant long term construction projects. The Company capitalizes interest within the Entertainment segment in connection with the construction of MSG Sphere in Las Vegas. For Fiscal Years 2022 and 2021, the Company capitalized $48,507 and $34,890 of interest, respectively which is included in Construction in progress amounts above.