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Property and Equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment as of December 31, 2021 and 2020 consists of the following (in thousands):
20212020
Land$546,800 $618,210 
Land improvements7,994 7,994 
Buildings2,667,024 2,724,277 
Furniture, fixtures and equipment501,505 539,729 
Construction in progress14,485 37,481 
 3,737,808 3,927,691 
Less: accumulated depreciation(1,086,364)(1,110,335)
 $2,651,444 $2,817,356 
As of December 31, 2021 and 2020, we had accrued capital expenditures of $7.3 million and $3.9 million, respectively.During the year ended December 31, 2020, we evaluated the recoverability of the carrying amount of Frenchman’s Reef as a result of our determination that it was more likely than not that the hotel would be sold significantly before the end of its previously estimated useful life. As a result, we recorded an impairment loss of $174.1 million in 2020 to adjust the hotel's carrying amount to its estimated fair value. See Note 12 for further discussion about the determination of the hotel's fair value as of December 31, 2020. On April 30, 2021, we sold the wholly owned subsidiary of the Company that owns Frenchman's Reef. During the year ended December 31, 2021, we recorded additional impairment losses totaling $11.5 million to adjust the Frenchman's Reef carrying amount to the contractual consideration. During the year ended December 31, 2021, we recorded impairment losses totaling $115.2 million related to The Lexington Hotel, which was sold in 2021. See Note 9 for further discussion about these impairment losses.