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PROPERTY AND EQUIPMENT— NET
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT— NET PROPERTY AND EQUIPMENT - NET
Property and equipment, net consists of the following:
September 30, 2025December 31, 2024
Land$204,995 $162,873 
Buildings and improvements1,151,819 933,790 
Leasehold improvements244,666 212,603 
Equipment463,770 396,018 
Furniture and fixtures4,719 4,349 
Construction in progress62,326 41,209 
 $2,132,295 $1,750,842 
Less: accumulated depreciation(533,894)(459,488)
PROPERTY AND EQUIPMENT, NET$1,598,401 $1,291,354 
Real Estate Acquisitions
A majority of the real estate properties were acquired by subsidiaries of Standard Bearer, as detailed in Note 6. Standard Bearer. The table below presents the allocation of the purchase price for real estate purchases during the nine months ended September 30, 2025 and 2024:
Nine Months Ended September 30,
20252024
Land$42,122 $17,909 
Building and improvements192,550 62,428 
Equipment, furniture, and fixtures5,274 1,898 
Assembled occupancy354 515 
Goodwill— 372 
Other indefinite-lived intangible assets— 262 
TOTAL ACQUISITIONS$240,300 $83,384