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

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2021

3. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:


(In thousands)	December 31,
	2021		2020
Land and improvements	$	16,797	$	16,144
Buildings and improvements		119,696		114,911
Furniture and equipment		47,740		46,636
Construction in progress		44,847		11,735
		229,080		189,426
Less: Accumulated depreciation		(79,540)		(73,654)
	$	149,540	$	115,772

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,
	2021		2020
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		(3,004)		(2,847)
	$	4,722	$	4,879