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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Property and Equipment, net

Property and Equipment, net consists of the following (in thousands):

​

​	​	​	​	​	​	​	​
​		December 31, 2023			December 31, 2022
Land	​	$	34,688	​	$	32,977	​
Land improvements	​		11,045	​		10,939	​
Buildings	​		474,724	​		475,956	​
Building improvements	​		100,822	​		75,858	​
Furniture and equipment	​		254,486	​		249,045	​
Construction in progress	​		9,552	​		7,229	​
Right of use assets	​	​	14,874	​	​	13,861	​
Leasehold improvements	​		4,245	​		4,244	​
​	​		904,436	​		870,109	​
Less accumulated depreciation and amortization	​		(323,939)	​		(292,059)	​
Property and equipment, net	​	$	580,497	​	$	578,050	​
​	​		​	​		​	​

Property and equipment, estimated useful lives

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​	​	​	​	​	​
Land improvements		15	-	40	years
Buildings		30	-	40	years
Building improvements		5	-	40	years
Right of use assets	​	5	-	40	years
Leasehold improvements	​	5	-	40	years
Furniture		5	-	10	years
Equipment		3	-	20	years

Schedule of reconciliation of number of shares (denominator) used in basic and diluted earnings per share computations

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted earnings per share computations (in thousands, except per share data):

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Years ended December 31,

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​

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2023

​

2022

​

2021

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​

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Per Share

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Per Share

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Per Share

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Shares

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Amount

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Shares

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Amount

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Shares

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Amount

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Basic

19,244

$

4.28

18,996

$

4.60

18,617

$

3.68

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Effect of dilutive stock options

374

​

(0.08)

582

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(0.13)

810

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(0.15)

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Diluted

19,618

$

4.20

19,578

$

4.47

19,427

$

3.53

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Schedule of antidilutive options

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Years ended December 31,

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2023

2022

2021

Weighted Average Options to purchase shares of common shares

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​

665,019

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555,639

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274,741

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Weighted Average Proceeds per Share

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$

69.40

-

$

115.32

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$

70.47

-

$

121.40

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$

76.84

-

$

102.01

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Expiration dates (month/year)

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03/2031-12/2033

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12/2030-12/2032

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12/2030-12/2031

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