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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net, consisted of the following:
December 31,
(In thousands)20242023
Land$125,240 $125,240 
Building and improvements983,659 955,859 
Furniture and equipment216,995 190,048 
Construction in process6,165 10,561 
Property and equipment1,332,059 1,281,708 
Accumulated depreciation(581,165)(495,563)
Property and equipment, net$750,894 $786,145 
Depreciation expense for property and equipment, including finance leases, totaled $87.6 million, $86.5 million and $92.7 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The Company reviews the carrying amounts of its long-lived assets, other than goodwill and indefinite-lived intangible assets, for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. During the year ended December 31, 2023, the Company voluntarily surrendered its gaming license for its Colorado Belle property. The suspension of Colorado Belle’s operations qualified as an indicator of impairment related to the long-lived assets at Colorado Belle. Based on the results of the impairment assessment, the Company recorded a $12.1 million impairment of the long-lived assets of Colorado Belle for the year ended December 31, 2023.
The Company concluded that there was no impairment of its long-lived assets as of December 31, 2024 and that the rest of its long-lived assets except for Colorado Belle were not impaired as of December 31, 2023.