Property And Equipment

12 Months Ended

Dec. 31, 2023

4. PROPERTY AND EQUIPMENT

Property and equipment at December 31, 2023 and 2022 consisted of the following:



	December 31,
Amounts in thousands	2023		2022
Land	$	44,662	$	43,654
Buildings and improvements		839,793		436,207
Gaming equipment		57,750		43,590
Furniture and non-gaming equipment		75,499		47,166
Property and equipment held under finance leases (Note 9)		1,028		764
Capital projects in process		53,072		18,954
	$	1,071,804	$	590,335
Less: accumulated depreciation		(158,243)		(125,685)
Property and equipment, net	$	913,561	$	464,650

Depreciation expense was $34.2 million, $23.5 million and $23.1 million for the years ended December 31, 2023, 2022 and 2021, respectively. No long-lived asset impairment charges were recorded for the years ended December 31, 2023, 2022 and 2021.