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Property and Equipment, Net
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
PROPERTY AND EQUIPMENT, NET
Property and equipment, net consists of the following:
 
March 31,
 
December 31,
(In thousands)
2016
 
2015
Land
$
228,417

 
$
229,857

Buildings and improvements
2,553,426

 
2,539,578

Furniture and equipment
1,173,338

 
1,152,277

Riverboats and barges
238,730

 
238,743

Construction in progress
36,668

 
42,497

Other
7,404

 
7,404

Total property and equipment
4,237,983

 
4,210,356

Less accumulated depreciation
2,027,501

 
1,985,014

Property and equipment, net
$
2,210,482

 
$
2,225,342



Other property and equipment presented in the table above relates to the estimated net realizable value of construction materials inventory that was not disposed of with the 2013 sale of the Echelon development project. Such assets are not in service and are not currently being depreciated.

Depreciation expense is as follows:
 
Three Months Ended
 
March 31,
(In thousands)
2016
 
2015
Depreciation expense
$
43,556

 
$
45,102