PROPERTY AND EQUIPMENT (Notes)

12 Months Ended

Nov. 30, 2015

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following as of November 30, (in thousands):



	2014		2015
Land and leasehold improvements	$	247,883	$	244,496
Buildings, grandstands and motorsports entertainment facilities	1,529,904		1,695,682
Furniture and equipment	175,845		215,928
Construction in progress	245,642		131,897
	2,199,274		2,288,003
Less accumulated depreciation	818,084		839,039
	$	1,381,190	$	1,448,964

Depreciation expense was approximately $94.0 million, $90.2 million and $94.7 million for the years ended November 30, 2013, 2014 and 2015, respectively. The depreciation expense for the years ended November 30, 2014 and 2015 includes approximately $11.1 million and $6.8 million, respectively, of accelerated depreciation that was recorded due to the shortening of the service lives of certain assets associated with DAYTONA Rising and capacity management initiatives.