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Property and Equipment, Net
3 Months Ended
Mar. 31, 2017
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)
2017
 
2016
Land
$
284,592

 
$
251,316

Buildings and improvements
2,774,162

 
2,915,664

Furniture and equipment
1,440,104

 
1,243,724

Riverboats and barges
239,285

 
239,264

Construction in progress
75,668

 
86,226

Other
725

 
726

Total property and equipment
4,814,536

 
4,736,920

Less accumulated depreciation
2,180,584

 
2,131,751

Property and equipment, net
$
2,633,952

 
$
2,605,169



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)
2017
 
2016
Depreciation expense
$
49,394

 
$
43,556