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Property and Equipment
3 Months Ended
Mar. 31, 2024
Property Plant And Equipment [Abstract]  
Property and Equipment
7.
Property and Equipment

Property and equipment consisted of the following (in thousands):

 

 

 

March 31, 2024

 

 

December 31, 2023

 

Land

 

$

195,216

 

 

$

183,347

 

Building and improvements

 

 

2,088,489

 

 

 

2,064,353

 

Equipment

 

 

383,053

 

 

 

365,826

 

Construction in progress

 

 

506,010

 

 

 

420,430

 

 

 

 

3,172,768

 

 

 

3,033,956

 

Less: accumulated depreciation

 

 

(796,709

)

 

 

(767,346

)

Property and equipment, net

 

$

2,376,059

 

 

$

2,266,610

 

The Company has recorded assets held for sale within other current assets on the consolidated balance sheets for closed properties actively marketed of $12.9 million and $11.5 million at March 31, 2024 and December 31, 2023, respectively.