Property and equipment, net consisted of the following (in thousands):


	March 31,			December 31,
	2026			2025
Land	$	265,343		$	268,873
Buildings and site improvements		307,554			309,851
Leasehold improvements		20,236			20,760
Equipment and other		322,820			325,389
Right-of-use assets under finance leases		58,044			32,735
Construction in progress		4,616			3,090
Property and equipment, at cost		978,613			960,698
Accumulated depreciation and amortization		(388,435	)		(382,411	)
Accumulated amortization of right-of-use assets under finance leases		(793	)		(30,601	)
Property and equipment, net	$	589,385		$	547,686

We recorded impairment charges of $1.5 million and $8.8 million during the three months ended March 31, 2026 and 2025, respectively, included within depreciation, amortization and accretion expense on the statements of operations. These impairment charges were primarily related to sites initially classified within assets held for sale in connection with our ongoing real estate rationalization effort.