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Penn National Gaming Inc's quarterly construction in progress declined from Jun. 2014 ($68 Mil) to Sep. 2014 ($44 Mil) but then increased from Sep. 2014 ($44 Mil) to Dec. 2014 ($69 Mil).
Penn National Gaming Inc's annual construction in progress declined from Dec. 2012 ($31 Mil) to Dec. 2013 ($25 Mil) but then increased from Dec. 2013 ($25 Mil) to Dec. 2014 ($69 Mil).
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Penn National Gaming Inc Annual Data
Penn National Gaming Inc Quarterly Data