As of June 30, 2026, property, buildings and equipment totaled $1,042.8 million, with accumulated depreciation of $414.7 million. As of December 31, 2025, property, buildings and equipment totaled $1,011.2 million, with accumulated depreciation of $371.3 million. Depreciation expense for property, buildings and equipment totaled $24.7 million and $21.4 million, and $47.6 million and $44.4 million for the three and six months ended June 30, 2026 and 2025, respectively.


	As of
	June 30,		December 31,
	2026		2025
Prepaid sign-on fee for hospitality rights		100,000		100,000
Other current receivables		76,543		36,341
Insurance recovery receivables (Note 14)		75,000		—
Inventory		50,435		57,126
Prepaid taxes		46,920		56,882
Prepaid event and production-related costs		27,916		33,406
Amounts due from the Group (Note 16)		15,840		7,259
Prepaid insurance		6,324		8,983
Other		66,379		50,021
Total	$	465,357	$	350,018

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


	As of
	June 30,		December 31,
	2026		2025
Event and production-related costs	$	352,966	$	147,628
Legal settlements (Note 14)		105,000		—
Payroll-related costs		87,214		200,373
Legal and professional fees		85,407		45,775
Interest		23,335		24,815
Accrued customer refunds		16,633		32,702
Accrued capital expenditures		3,362		8,724
Other		71,402		66,286
Total	$	745,319	$	526,303

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


	As of
	June 30,		December 31,
	2026		2025
Collections due to third parties (1)	$	867,015	$	333,550
Amounts due to the Group (Note 16)		27,329		31,890
Other		17,105		19,148
Total	$	911,449	$	384,588

(1)

Collections due to third parties represents amounts collected in advance for future event-related services and other contractual obligations, most of which is payable to third-party rights holders under contractual agreements.