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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
(Provision) Benefit for Income Taxes from Continuing Operations | The income tax (provision) benefit for continuing operations consists of the following (amounts in thousands):
|  | 2016 |  |  | 2015 |  |  | 2014 |
CURRENT: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (1,788 | ) |  | $ | (763 | ) |  | $ | (2,071 | )
State |  |  | (1,291 | ) |  |  | (1,229 | ) |  |  | (2,339 | )
Total current provision |  |  | (3,079 | ) |  |  | (1,992 | ) |  |  | (4,410 | )
DEFERRED: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 321 |  |  |  | 8,866 |  |  |  | 2,588 |
State |  |  | (642 | ) |  |  | (248 | ) |  |  | 3,289 |
Effect of federal tax law change |  |  | — |  |  |  | 5,229 |  |  |  | — |
Total deferred (provision) benefit |  |  | (321 | ) |  |  | 13,847 |  |  |  | 5,877 |
Total (provision) benefit for income taxes |  | $ | (3,400 | ) |  | $ | 11,855 |  |  | $ | 1,467 |
Summary of Taxability of Cash Distributions Paid on Common Shares | The estimated taxability of cash distributions to common shareholders is as follows (per common share):
|  | 2016 |  |  | 2015 |  |  | 2014 |
Ordinary income |  | $ | 2.98 |  |  | $ | 2.50 |  |  | $ | 2.30 |
Capital gains |  |  | 0.17 |  |  |  | 0.23 |  |  |  | 0.17 |
|  | $ | 3.15 |  |  | $ | 2.73 |  |  | $ | 2.47 |
Differences Between the Income Tax (Provision) Benefit Calculated at the Statutory U.S. Federal Income Tax Rate of 35% and the Actual Income Tax Benefit Recorded for Continuing Operations | The differences between the income tax provision calculated at the statutory U.S. federal income tax rate of 35% and the actual income tax (provision) benefit recorded for continuing operations are as follows (amounts in thousands):
|  | 2016 |  |  | 2015 |  |  | 2014 |
Statutory federal income tax provision |  | $ | (56,914 | ) |  | $ | (34,774 | ) |  | $ | (43,750 | )
Adjustment for nontaxable income of the REIT |  |  | 48,680 |  |  |  | 34,904 |  |  |  | 44,701 |
State taxes (net of federal tax benefit and change in state valuation allowance) |  |  | (1,933 | ) |  |  | (1,477 | ) |  |  | 950 |
Permanent share-based compensation adjustment |  |  | 1,571 |  |  |  | — |  |  |  | — |
Other permanent items |  |  | (200 | ) |  |  | (165 | ) |  |  | (160 | )
Federal tax credits |  |  | — |  |  |  | — |  |  |  | 112 |
Federal valuation allowance |  |  | 5,519 |  |  |  | 8,271 |  |  |  | (853 | )
Effect of federal tax law change |  |  | — |  |  |  | 5,229 |  |  |  | — |
Other |  |  | (123 | ) |  |  | (133 | ) |  |  | 467 |
|  | $ | (3,400 | ) |  | $ | 11,855 |  |  | $ | 1,467 |
Components of Company's Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities at December 31 are as follows (amounts in thousands):
|  | 2016 |  |  | 2015 |
DEFERRED TAX ASSETS: |  |  |  |  |  |  |  |
Accounting reserves and accruals |  | $ | 20,979 |  |  | $ | 21,174 |
Defined benefit plan |  |  | 7,665 |  |  |  | 8,389 |
Deferred management rights proceeds |  |  | 69,317 |  |  |  | 70,483 |
Federal and State net operating loss carryforwards |  |  | 51,615 |  |  |  | 44,932 |
Tax credits and other carryforwards |  |  | 819 |  |  |  | 569 |
Investment in joint ventures |  |  | 584 |  |  |  | — |
Other assets |  |  | 6,171 |  |  |  | 7,917 |
Total deferred tax assets |  |  | 157,150 |  |  |  | 153,464 |
Valuation allowance |  |  | (88,653 | ) |  |  | (88,309 | )
Total deferred tax assets, net of valuation allowance |  |  | 68,497 |  |  |  | 65,155 |
DEFERRED TAX LIABILITIES: |  |  |  |  |  |  |  |
Property and equipment, net |  |  | 67,168 |  |  |  | 63,289 |
Goodwill and other intangibles |  |  | 1,201 |  |  |  | 1,236 |
Other liabilities |  |  | 1,597 |  |  |  | 1,793 |
Total deferred tax liabilities |  |  | 69,966 |  |  |  | 66,318 |
Net deferred tax liabilities |  | $ | 1,469 |  |  | $ | 1,163 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319 + Details
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