| Schedule of Property and Equipment, Net |
Property and equipment are generally depreciated over the following estimated useful lives on a straight-line basis:
| | | | | | | | | Building and improvements | | 15 to 40 years | | Land improvements | | 10 to 20 years | | Furniture and fixtures | | 3 to 20 years | | Equipment | | 3 to 15 years |
Property and equipment, net consisted of the following: | | | | | | | | | | | | | | | | | | December 31, | | | | 2025 | | 2024 | | | | (In thousands) | | Land | | $ | 484,067 | | | $ | 484,338 | | Building, building improvements, and land improvements | | 5,657,823 | | | 5,150,315 | | Furniture, fixtures, and equipment | | 5,660,313 | | | 5,300,400 | | | Construction in progress | | 379,559 | | | 600,945 | | | | | 12,181,762 | | | 11,535,998 | | | Less: Accumulated depreciation | | (6,113,009) | | | (5,644,484) | | | Finance lease ROU assets, net | | 236,861 | | | 304,645 | | | | | $ | 6,305,614 | | | $ | 6,196,159 | |
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