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Property and Equipment, Net
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
PROPERTY AND EQUIPMENT, NET
Property and equipment, net consists of the following:
 
December 31,
(In thousands)
2016
 
2015
Land
$
251,316

 
$
229,857

Buildings and improvements
2,915,664

 
2,539,578

Furniture and equipment
1,243,724

 
1,152,277

Riverboats and barges
239,264

 
238,743

Construction in progress
86,226

 
42,497

Other
726

 
7,404

Total property and equipment
4,736,920

 
4,210,356

Less accumulated depreciation
2,131,751

 
1,985,014

Property and equipment, net
$
2,605,169

 
$
2,225,342



Construction in progress primarily relates to costs capitalized in conjunction with major improvements that have not yet been placed into service, and accordingly, such costs are not currently being depreciated. Other property and equipment relates to the estimated net realizable value of construction materials inventory that was not disposed of with the sale of the Echelon project in 2013. Such assets are not in service and are not currently being depreciated.

Depreciation expense for the years ended December 31, 2016, 2015 and 2014 was $179.6 million, $179.9 million and $174.8 million, respectively.