XML 91 R78.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information - Schedule Of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Segment Reporting Information              
Revenues $ 257,902   $ 220,746   $ 512,903 $ 434,748  
Operating income 308,636   205,495   396,657 407,361  
Interest expense (77,693)   (54,819)   (153,786) (108,405)  
Loss on extinguishment of debt 0   0   (39,059) 0  
Income before income taxes 231,952   154,680   210,341 308,127  
Income tax expense (309)   (553)   (763) (1,074)  
Net income (loss) 231,643 $ (22,065) 154,127 $ 152,926 209,578 307,053  
Depreciation 1,213   1,018   2,080 1,948  
Total assets 16,277,634   12,522,046   16,277,634 12,522,046 $ 13,265,619
Total liabilities 7,203,223   4,449,623   7,203,223 4,449,623 $ 5,216,630
Real Property Business              
Segment Reporting Information              
Revenues 252,567   212,463   501,268 419,126  
Operating income 308,622   203,077   395,555 402,623  
Interest expense (77,693)   (54,819)   (153,786) (108,405)  
Loss on extinguishment of debt 0   0   (39,059) 0  
Income before income taxes 231,935   152,186   209,222 303,276  
Income tax expense (257)   0   (514) 0  
Net income (loss) 231,678   152,186   208,708 303,276  
Depreciation 31   2   54 5  
Total assets 16,188,235   12,423,049   16,188,235 12,423,049  
Total liabilities 7,186,916   4,434,057   7,186,916 4,434,057  
Golf Course Business              
Segment Reporting Information              
Revenues 5,335   8,283   11,635 15,622  
Operating income 14   2,418   1,102 4,738  
Interest expense 0   0   0 0  
Loss on extinguishment of debt 0   0   0 0  
Income before income taxes 17   2,494   1,119 4,851  
Income tax expense (52)   (553)   (249) (1,074)  
Net income (loss) (35)   1,941   870 3,777  
Depreciation 1,182   1,016   2,026 1,943  
Total assets 89,399   98,997   89,399 98,997  
Total liabilities $ 16,307   $ 15,566   $ 16,307 $ 15,566