Property and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property and equipment

NOTE 3 – PROPERTY AND EQUIPMENT

The following table identifies the types and balances of property and equipment included in “Property and equipment, at cost” on the accompanying Consolidated Balance Sheets as of December 31, 2016 and 2015, and includes the estimated useful lives for its types of property and equipment (in thousands, except original useful lives):

	Original Useful Lives	December 31, 2016		December 31, 2015
Land		$	648,689	$	590,244
Buildings and building improvements	15 – 39 years	1,805,347		1,603,389
Leasehold improvements	3 – 25 years	593,785		554,198
Furniture, fixtures and equipment	3 – 20 years	1,215,929		1,108,127
Vehicles	5 – 10 years	359,362		313,401
Construction in progress		209,230		202,891
Total property and equipment		4,832,342		4,372,250
Less: accumulated depreciation and amortization		1,708,911		1,510,694
Net property and equipment		$	3,123,431	$	2,861,556

The Company recorded depreciation and amortization expense related to property and equipment in the amounts of $217.0 million, $203.4 million and $193.4 million for the years ended December 31, 2016, 2015 and 2014, respectively, which were primarily included as a component of “Selling, general and administrative expenses” on the accompanying Consolidated Statements of Income.