Property and Equipment

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment as of March 31, 2013 and December 31, 2012 consists of the following (in thousands):



	March 31, 2013			December 31, 2012
Land	$	402,198		$	402,198
Land improvements	7,994			7,994
Buildings	2,362,079			2,360,648
Furniture, fixtures and equipment	344,265			340,462
CIP and corporate office equipment	36,505			19,873
	3,153,041			3,131,175
Less: accumulated depreciation	(546,390		)	(519,721		)
	$	2,606,651		$	2,611,454

As of March 31, 2013, we had accrued capital expenditures of $10.9 million. As of December 31, 2012, we had accrued capital expenditures of $3.0 million.

- 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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