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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2024

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Property and Equipment, net

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

​	​	​	​	​	​	​	​
​		September 30, 2024			December 31, 2023
Land	​	$	34,688	​	$	34,688	​
Land improvements	​		11,082	​		11,045	​
Buildings	​		474,724	​		474,724	​
Building improvements	​		119,705	​		100,822	​
Furniture and equipment	​		246,375	​		254,486	​
Construction in progress	​		15,138	​		9,552	​
Right of use assets	​	​	14,234	​	​	14,874	​
Leasehold improvements	​		4,245	​		4,245	​
​	​		920,191	​		904,436	​
Less accumulated depreciation and amortization	​		(342,673)	​		(323,939)	​
Property and equipment, net	​	$	577,518	​	$	580,497	​
​	​		​	​		​	​

Property and equipment, estimated useful lives

​

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

X

- Definition

Tabular disclosure of estimated useful lives of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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