As of March 31, 2025, property, buildings and equipment totaled $924.8 million, with accumulated depreciation of $304.1 million. As of December 31, 2024, property, buildings and equipment totaled $909.1 million, with accumulated depreciation of $279.2 million. Depreciation expense for property, buildings and equipment totaled $23.0 million and $25.4 million for the three months ended March 31, 2025 and 2024, respectively.

The changes in the allowance for doubtful accounts are as follows (in thousands):


	As of		Charged to							As of
	December 31,		Costs and					Foreign Exchange		March 31,
	2024		Expenses		Deductions			and Other		2025
Three Months Ended March 31, 2025	$	20,639	$	1,131	$	(991	)	$	2,041	$	22,820

The following is a summary of other current assets (in thousands):


	As of
	March 31,		December 31,
	2025		2024
Prepaid taxes	$	82,628	$	68,345
Amounts due from the Group (Note 18)		49,282		30,450
Prepaid event and production-related costs		36,594		29,236
Other current receivables		35,818		20,825
Prepaid expenses		13,670		12,906
Prepaid insurance		11,128		9,772
Ticket inventory		6,527		46,208
Assets held for sale		—		4,458
Other		36,748		25,910
Total	$	272,395	$	248,110

The following is a summary of accrued liabilities (in thousands):


	As of
	March 31,		December 31,
	2025		2024
Accrued operating expenses	$	151,393	$	127,369
Legal settlements (Note 16)		125,000		250,000
Event and production-related costs		73,633		43,586
Payroll-related costs		57,204		153,014
Legal and professional fees		31,876		27,797
Interest		19,448		20,817
Accrued capital expenditures		3,257		11,699
Other		37,301		35,950
Total	$	499,112	$	670,232