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Property and Equipment, Net
3 Months Ended
Mar. 31, 2018
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

Note 4 – Property and Equipment, Net

Property and equipment, net, consisted of the following:

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

March 31, 2018

 

 

December 31, 2017

 

Land

 

$

121,081

 

 

$

121,081

 

Building and site improvements

 

 

710,084

 

 

 

705,266

 

Furniture and equipment

 

 

130,040

 

 

 

125,339

 

Construction in process

 

 

6,988

 

 

 

6,972

 

Property and equipment

 

 

968,193

 

 

 

958,658

 

Less: Accumulated depreciation

 

 

(84,215

)

 

 

(63,417

)

Property and equipment, net

 

$

883,978

 

 

$

895,241

 

 

Depreciation expense for property and equipment, including capital leases, was $20.8 million and $4.6 million for the three months ended March 31, 2018 and 2017, respectively.