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Property and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net, consisted of the following:
(In thousands)June 30, 2025December 31, 2024
Land$125,240 $125,240 
Building and improvements987,469 983,659 
Furniture and equipment115,954 216,995 
Construction in process16,649 6,165 
Property and equipment1,245,312 1,332,059 
Accumulated depreciation(513,634)(581,165)
Property and equipment, net$731,678 $750,894 
Depreciation expense for property and equipment, including finance leases, was $21.9 million and $43.6 million for the three and six months ended June 30, 2025, respectively, and $22.0 million and $43.7 million for the three and six months ended June 30, 2024, 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. The Company concluded that there was no impairment of the Company’s long-lived assets for the three and six months ended June 30, 2025 and 2024.