Property, Plant and Equipment and Leasehold Intangibles, Net

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment and Leasehold Intangibles, Net [Abstract]

Property, Plant and Equipment and Leasehold Intangibles, Net

7. Property, Plant and Equipment and Leasehold Intangibles, Net

Property, plant and equipment and leasehold intangibles, net, which include assets under capital and financing leases, consisted of the following (dollars in thousands):

	September 30, 2015			December 31, 2014
Land	$	513,347		$	475,485
Buildings and improvements		5,293,822			5,017,991
Leasehold improvements		87,744			56,515
Furniture and equipment		858,435			735,837
Resident and leasehold operating intangibles		851,086			852,746
Construction in progress		123,568			99,408
Assets under capital and financing leases		3,049,374			3,057,516
		10,777,376			10,295,498
Accumulated depreciation and amortization		(2,499,701	)		(1,905,993	)
Property, plant and equipment and leasehold intangibles, net	$	8,277,675		$	8,389,505

Long-lived assets with definite useful lives are depreciated or amortized on a straight-line basis over their estimated useful lives (or, in certain cases, the shorter of their estimated useful lives or the lease term) and are tested for impairment whenever indicators of impairment arise. The Company determined no impairment was necessary during the nine months ended September 30, 2015.