Property and Equipment

12 Months Ended

Dec. 31, 2017

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, 2017 and 2016, and includes the estimated useful lives for its types of property and equipment (in thousands, except original useful lives):

	Original Useful Lives	December 31, 2017		December 31, 2016
Land		$	695,669	$	648,689
Buildings and building improvements	15 – 39 years	1,968,079		1,805,347
Leasehold improvements	3 – 25 years	626,714		593,785
Furniture, fixtures and equipment	3 – 20 years	1,250,690		1,215,929
Vehicles	5 – 10 years	392,130		359,362
Construction in progress		257,853		209,230
Total property and equipment		5,191,135		4,832,342
Less: accumulated depreciation and amortization		1,847,329		1,708,911
Net property and equipment		$	3,343,806	$	3,123,431

The Company recorded depreciation and amortization expense related to property and equipment in the amounts of $232.7 million, $217.0 million and $203.4 million for the years ended December 31, 2017, 2016 and 2015, respectively, which were primarily included in “Selling, general and administrative expenses” on the accompanying Consolidated Statements of Income.