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Property and Equipment
 9 Months Ended
Sep. 30, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

7.

Property and Equipment

Property and equipment consisted of the following at September 30, 2020 and December 31, 2019 (in thousands):

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Land

 

$

448,342

 

 

$

448,716

 

Building and improvements

 

 

2,896,202

 

 

 

2,746,111

 

Equipment

 

 

534,665

 

 

 

516,769

 

Construction in progress

 

 

214,155

 

 

 

254,213

 

 

 

 

4,093,364

 

 

 

3,965,809

 

Less: accumulated depreciation

 

 

(839,644

)

 

 

(741,775

)

Property and equipment, net

 

$

3,253,720

 

 

$

3,224,034

 

 

The Company has recorded assets held for sale within other assets on the condensed consolidated balance sheets for closed properties being actively marketed of $28.3 million and $31.1 million at September 30, 2020 and December 31, 2019, respectively. For the three months ended September 30, 2020, the Company recorded a non-cash asset impairment charge of $3.8 million relating to property and equipment as part of the decision to close certain U.K. elderly care facilities.