The following table shows information about future principal maturities, excluding original issue discounts, of our long-term debt as of December 31, 2012 dollars in millions : Expected maturity date 2013 2014 2015 2016 2017 Thereafter Total Fair ValueLong-term debt: 2. Greathouse and an entity owned by Frank Fertitta became the controlling members of the Company see Note 14 for additional information. Level 3: Unobservable inputs that are not corroborated by market data.
Advertising expense is included in selling, general and administrative expenses on the Consolidated Statements of Operations. A portion of one of the Company's interest rate swaps is not designated. Property and EquipmentProperty and equipment consists of the following amounts in thousands : Estimated useful life years December 31, 2012 2011Land- 204,902 205,241Buildings and improvements10-45 1,892,421 1,884,742Furniture, fixtures and equipment3-7 275,411 207,765Construction in progress- 14,525 7,963 2,387,259 2,305,711Accumulated depreciation and amortization 174,796 59,646Property and best casino in atlantic city nj, net 2,212,463 2,246,065Depreciation expense best free slot machine games for ipad as follows amounts in thousands : Successor PredecessorsStation Casinos LLC Station Casinos, Inc.
The Company tested the carrying value of the parcel for impairment by the best online poker sites the estimated future cash flows of the asset, on an undiscounted basis, to its carrying value. Station owns an additional 34 acres adjacent to the project site, which are being held for future development by the Company.
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