Life Time Group Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Property and Equipment - Schedule (Details)

v3.22.4

Property and Equipment - Schedule (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 4,205,792	$ 3,969,562
Less accumulated depreciation	(1,304,550)	(1,178,098)
Property and equipment, net	2,901,242	2,791,464
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	360,327	373,519
Buildings and related fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,894,007	1,988,156
Buildings and related fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	3 years
Buildings and related fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	44 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 635,540	397,242
Leasehold improvements \| Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	1 year
Leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	27 years
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 410,985	402,803
Equipment and other
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 904,933	$ 807,842
Equipment and other \| Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	1 year
Equipment and other \| Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	15 years

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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