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Property and Equipment
12 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
September 30,
20242023
Land$95,539 $95,018 
Buildings and improvements224,439 210,579 
Equipment51,075 49,632 
Furniture15,285 13,959 
Total property and equipment386,338 369,188 
Less accumulated depreciation and impairment(106,263)(86,483)
Property and equipment, net$280,075 $282,705 
Included in buildings and leasehold improvements above are construction-in-progress amounting to $15.0 million and $7.7 million as of September 30, 2024, and 2023, respectively, which are mostly related to Bombshells development projects.
Depreciation expense was approximately $12.9 million, $11.6 million, and $10.3 million for fiscal years 2024, 2023, and 2022, respectively. Impairment loss for property and equipment, including those later reclassified to assets held for sale, was $10.6 million, $58,000, and $1.0 million for fiscal 2024, 2023, and 2022, respectively.