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Property and Equipment | 12 Months Ended
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Dec. 31, 2015
Property, Plant and Equipment [Abstract] |
Property and Equipment | PROPERTY AND EQUIPMENT Property and equipment is comprised of the following:
(in thousands) | 2015 |  | 2014
Grandstands and buildings | $ | 412,394 |  |  | $ | 439,625 |
Equipment | 252,110 |  |  | 237,867 |
Tracks and other improvements | 142,774 |  |  | 142,975 |
Land | 118,694 |  |  | 118,658 |
Furniture and fixtures | 52,154 |  |  | 49,765 |
Construction in progress | 22,780 |  |  | 15,427 |
Artwork | 2,066 |  |  | 2,050 |
| 1,002,972 |  |  | 1,006,367 |
Accumulated depreciation | (429,800 | ) |  | (411,052 | )
Total | $ | 573,172 |  |  | $ | 595,315 |
Depreciation expense was $53.6 million in 2015, $55.0 million in 2014 and $49.6 million in 2013 and is classified in operating expense in the Consolidated Statements of Comprehensive Income. In 2014, we recognized accelerated depreciation expense of $2.4 million, primarily related to Calder's barns which are not expected to be utilized subsequent to December 31, 2014. On November 4, 2014, we ceased operations of Luckity and recorded an impairment charge of $3.2 million in our TwinSpires segment for property and equipment specifically associated with Luckity.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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