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

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2022

3. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:


(In thousands)	December 31,
	2022		2021
Land and improvements	$	26,477	$	16,797
Buildings and improvements		120,732		119,696
Furniture and equipment		51,336		47,740
Construction in progress		227,006		44,847
		425,551		229,080
Less: Accumulated depreciation		(86,494)		(79,540)
	$	339,057	$	149,540

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


(In thousands)	December 31,
	2022		2021
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		(3,160)		(3,004)
	$	4,566	$	4,722