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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2019
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consisted of the following:

 

 

 

December 31,

 

(in thousands)

 

2019

 

 

2018

 

Land and land interests(1)

 

$

34,532

 

 

$

32,887

 

Buildings and leasehold improvements

 

 

377,754

 

 

 

238,995

 

Equipment and other

 

 

417,239

 

 

 

383,284

 

Gross property and equipment

 

 

829,525

 

 

 

655,166

 

Accumulated depreciation

 

 

(353,974

)

 

 

(321,319

)

Property and equipment, net (excluding finance leases)

 

 

475,551

 

 

 

333,847

 

Finance lease right-of-use assets, net

 

 

25,350

 

 

 

 

Property and equipment, net

 

$

500,901

 

 

$

333,847

 

(1)

Land and land interests include certain leasehold interests in land within Pursuit for which we are considered to have perpetual use rights. The carrying amount of these leasehold interests was $8.2 million as of December 31, 2019 and $7.8 million as of December 31, 2018. The increase was due to additional purchased land in 2019. These land interests are not subject to amortization.