Annual report pursuant to Section 13 and 15(d)

Property and Equipment

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Property and Equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net consisted of the following:
Depreciable December 31,
Lives 2021 2020
Land
 $ 373,519  $ 353,545 
Buildings and related fixtures
3-44 years
 1,988,156  1,994,985 
Leasehold improvements
1-25 years
 397,242  279,526 
Construction in progress
 402,803  297,598 
Equipment and other
1-15 years
 807,842  731,250 
Property and equipment, gross
 3,969,562  3,656,904 
Less accumulated depreciation
 (1,178,098) (964,192)
Property and equipment, net
 $ 2,791,464  $ 2,692,712 
Included in the construction in progress balances are site development costs which consist of legal, engineering, architectural, environmental, feasibility and other direct expenditures incurred for certain new projects.
Equipment and other includes exercise equipment, capitalized software, computers, audio visual equipment, furniture and fixtures, decor and signage, as well as café, spa, playground and laundry equipment.
Depreciation expense, which is included in Depreciation and amortization in our consolidated statements of operations, for the years ended December 31, 2021, 2020 and 2019 was $232.4 million, $241.6 million, and $210.3 million, respectively.