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Property and Equipment, Net
9 Months Ended
Sep. 30, 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)

 

September 30, 2018

 

 

December 31, 2017

 

Land

 

$

121,081

 

 

$

121,081

 

Building and site improvements

 

 

716,732

 

 

 

705,266

 

Furniture and equipment

 

 

140,966

 

 

 

125,339

 

Construction in process

 

 

29,095

 

 

 

6,972

 

Property and equipment

 

 

1,007,874

 

 

 

958,658

 

Less: Accumulated depreciation

 

 

(121,340

)

 

 

(63,417

)

Property and equipment, net

 

$

886,534

 

 

$

895,241

 

 

Depreciation expense for property and equipment, including capital leases, was $18.8 million and $5.6 million for the three months ended September 30, 2018 and 2017, respectively, and $58.2 million and $15.7 million for the nine months ended September 30, 2018 and 2017, respectively.