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Property, Plant and Equipment and Leasehold Intangibles, Net
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment and Leasehold Intangibles, Net Property, Plant and Equipment and Leasehold Intangibles, Net
As of December 31, 2021 and 2020, net property, plant and equipment and leasehold intangibles, which include assets under financing leases, consisted of the following.
As of December 31,
(in thousands)20212020
Land$502,610 $505,298 
Buildings and improvements5,262,136 5,215,460 
Furniture and equipment990,006 945,783 
Resident and leasehold operating intangibles303,737 307,071 
Construction in progress51,037 61,491 
Assets under financing leases and leasehold improvements1,609,217 1,523,055 
Property, plant and equipment and leasehold intangibles8,718,743 8,558,158 
Accumulated depreciation and amortization(3,814,451)(3,490,098)
Property, plant and equipment and leasehold intangibles, net$4,904,292 $5,068,060 

Assets under financing leases and leasehold improvements includes $332.3 million and $363.1 million of financing lease right-of-use assets, net of accumulated amortization, as of December 31, 2021 and 2020, respectively. Refer to Note 10 for further information on the Company's financing leases.

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. Refer to Note 5 for information on impairment expense for property, plant and equipment and leasehold intangibles.

For the years ended December 31, 2021, 2020, and 2019, the Company recognized depreciation and amortization expense on its property, plant and equipment and leasehold intangibles of $337.6 million, $359.2 million, and $377.6 million, respectively.