SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Property and Equipment, net

Property and Equipment, net consists of the following (in thousands):

	December 31, 2022		December 31, 2021
Land	$	32,977	$	32,986
Land improvements		10,939		9,898
Buildings		475,956		474,571
Building improvements		75,858		55,432
Furniture and equipment		249,045		235,233
Construction in progress		7,229		8,211
Right of use assets		13,861		14,246
Leasehold improvements		4,244		3,848
		870,109		834,425
Less accumulated depreciation and amortization		(292,059)		(253,618)
Property and equipment, net	$	578,050	$	580,807

Property and equipment, estimated useful lives

Land improvements	15	-	40	years
Buildings	30	-	40	years
Building improvements	5	-	40	years
Right of use assets	5	-	40	years
Leasehold improvements	5	-	40	years
Furniture	5	-	10	years
Equipment	3	-	20	years

Schedule of reconciliation of number of shares (denominator) used in basic and diluted earnings per share computations

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted earnings per share computations (in thousands, except per share data):

	Years ended December 31,
	2022			2021			2020
		Per Share			Per Share			Per Share
	Shares	Amount		Shares	Amount		Shares	Amount
Basic	18,996	$	4.60	18,617	$	3.68	18,218	$	1.30
Effect of dilutive stock options	582		(0.13)	810		(0.15)	659		(0.05)
Diluted	19,578	$	4.47	19,427	$	3.53	18,877	$	1.25

Schedule of antidilutive options

	Years ended December 31,
	2022					2021					2020
Weighted Average Options to purchase shares of common shares		555,639					274,741					1,086,244
Weighted Average Proceeds per Share	$	70.47	-	$	121.40	$	76.84	-	$	102.01	$	43.09	-	$	85.68
Expiration dates (month/year)		12/2030-12/2032					12/2030-12/2031					11/2027-12/2030