Full House Resorts, Inc. Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2020

3. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:


(In Thousands)	December 31,
	2020		2019
Land and improvements	$	16,144	$	16,144
Buildings and improvements		114,911		114,672
Furniture and equipment		46,636		47,886
Construction in progress		11,735		10,856
		189,426		189,558
Less: Accumulated depreciation		(73,654)		(68,071)
	$	115,772	$	121,487

Property and equipment included assets under finance leases related to our hotel at Rising Star Casino Resort (Note 7) as follows:


(In Thousands)	December 31,
	2020		2019
Leased land and improvements	$	215	$	215
Leased buildings and improvements		5,787		5,787
Leased furniture and equipment		1,724		1,724
		7,726		7,726
Less: Accumulated amortization		(2,847)		(2,689)
	$	4,879	$	5,037