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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2018
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)
2018
 
2017
Land
$
316,590

 
$
294,533

Buildings and improvements
3,084,337

 
2,935,539

Furniture and equipment
1,480,917

 
1,311,704

Riverboats and barges
240,507

 
238,926

Construction in progress
66,752

 
59,538

Total property and equipment
5,189,103

 
4,840,240

Less accumulated depreciation
2,473,039

 
2,300,454

Property and equipment, net
$
2,716,064

 
$
2,539,786



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.

Depreciation expense for the years ended December 31, 2018, 2017 and 2016 was $212.1 million, $199.3 million and $179.6 million, respectively.