v3.26.1
PROPERTY AND EQUIPMENT (Tables)
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment consists of the following:
(in thousands)March 31, 2026December 31, 2025
Leasehold improvements$222,811 $219,389 
Buildings213,788 213,781 
Furniture, fixtures, and equipment95,234 92,168 
Construction in progress9,873 9,634 
Land5,782 5,782 
Property and equipment, gross547,488 540,754 
Less: accumulated depreciation170,887 158,352 
Property and equipment, net$376,601 $382,402 
The table above includes the following amounts related to finance leases:
(in thousands)March 31, 2026December 31, 2025
Buildings$128,859 $128,859 
Vehicles(1)
2,991 2,801 
Equipment(1)(2)
2,321 2,321 
134,171 133,981 
Less: accumulated amortization(3)
7,815 5,249 
Total(4)
$126,356 $128,732 
(1)Included within “Furniture, fixtures, and equipment.”
(2)Equipment leased pursuant to a master lease agreement that was entered into in June 2022, which provided for up to $15,000 in aggregate, pursuant to individual lease agreements.
(3)Included within “Accumulated depreciation.” Disposals and write-offs of accumulated amortization during the three months ended March 31, 2026 were not material.
(4)Refer to Note 10, “Leases,” for additional information regarding our lease arrangements.