Property And Equipment

12 Months Ended

Dec. 31, 2012

4. PROPERTY AND EQUIPMENT

Property and equipment at December 31, 2012 and 2011 consist of the following:


	December 31,
Amounts in thousands	2012	2011
Land	$ 30,639	$ 30,439
Buildings and improvements	80,308	78,381
Gaming equipment	16,746	16,438
Furniture and non-gaming equipment	16,922	17,432
Capital projects in process	778	441
	$ 145,393	$ 143,131
Less accumulated depreciation	(45,867)	(43,526)

Property and equipment, net	$ 99,526	$ 99,605

Depreciation expense was $4.8 million for the year ended December 31, 2012 and $6.1 million for the year ended December 31, 2011.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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