Property and Equipment

9 Months Ended

Sep. 30, 2025

Property Plant And Equipment [Abstract]

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


	September 30, 2025			December 31, 2024
Land	$	221,988		$	202,550
Building and improvements		2,780,340			2,326,108
Equipment		496,544			448,107
Construction in progress		568,505			772,505
		4,067,377			3,749,270
Less: accumulated depreciation		(975,875	)		(896,077	)
Property and equipment, net	$	3,091,502		$	2,853,193

During the nine months ended September 30, 2025, the Company recorded a non-cash property impairment charge of $0.6 million related to certain closed facilities, which is included in loss on impairment in the condensed consolidated statements of income. During the three months ended September 30, 2024, the Company recorded non-cash property impairment charges of $8.8 million and non-cash operating lease right-of-use asset impairment charges of $1.4 million related to certain closed facilities, which are included in loss on impairment in the condensed consolidated statements of income. During the nine months ended September 30, 2024, the Company recorded non-cash property impairment charges of $9.8 million and non-cash operating lease right-of-use asset impairment charges of $1.4 million related to certain closed facilities, which are included in loss on impairment in the condensed consolidated statements of income.

The Company has recorded assets held for sale within other current assets on the condensed consolidated balance sheets for closed properties actively marketed of $43.2 million and $18.5 million at September 30, 2025 and December 31, 2024, respectively.