Property and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

Property and equipment as of December 31, 2011 and 2010 consists of the following (in thousands):



	2011			2010
Land	$	321,892		$	241,145
Land improvements	7,994			7,994
Buildings	2,001,762			1,903,782
Furniture, fixtures and equipment	333,305			309,976
CIP and corporate office equipment	2,729			5,392
	2,667,682			2,468,289
Less: accumulated depreciation	(433,178		)	(396,686		)
	$	2,234,504		$	2,071,603

As of December 31, 2011 and 2010 we had accrued capital expenditures of $1.9 million and $2.0 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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