XML 46 R35.htm IDEA: XBRL DOCUMENT v3.21.1

Financial Reporting By Business Segments (Tables)

3 Months Ended

Mar. 31, 2021

Financial Reporting By Business Segments

Segments' Internal Financial Reports

The following information is derived directly from the segments’ internal financial reports used for corporate management purposes (amounts in thousands):

​	​	​	​	​	​	​	​
​	​	Three Months Ended					​
​	​	March 31,					​
​		2021			2020
Revenues:		​			​
Hospitality	​	$	69,802	​	$	285,671	​
Entertainment	​		14,373	​		27,359	​
Corporate and Other	​		—	​		—	​
Total	​	$	84,175	​	$	313,030	​
​	​	​	​	​	​	​	​
Depreciation and amortization:	​			​			​
Hospitality	​	$	49,148	​	$	49,769	​
Entertainment	​		3,601	​		3,105	​
Corporate and Other	​		566	​		471	​
Total	​	$	53,315	​	$	53,345	​
​	​	​	​	​	​	​	​
Operating income (loss):	​			​			​
Hospitality	​	$	(63,462)	​	$	23,817	​
Entertainment	​		(7,919)	​		(5,092)	​
Corporate and Other	​		(8,094)	​		(8,607)	​
Preopening costs (1)	​		(399)	​		(801)	​
Gain on sale of assets (2)	​	​	317	​	​	1,261	​
Credit loss on held-to-maturity securities (3)	​	​	—	​	​	(5,828)	​
Total operating income (loss)	​		(79,557)	​		4,750	​
​	​	​	​	​	​	​	​
Interest expense	​		(30,796)	​		(29,358)	​
Interest income	​		1,370	​		2,371	​
Loss on extinguishment of debt	​	​	(2,949)	​	​	—	​
Loss from unconsolidated joint ventures	​		(1,609)	​		(1,895)	​
Other gains and (losses), net	​		374	​		195	​
Loss before income taxes	​	$	(113,167)	​	$	(23,937)	​

(1) Preopening costs for the three months ended March 31, 2021 relates to the Hospitality segment. Preopening costs for the three months ended March 31, 2020 include $0.1 million and $0.7 million for the Hospitality and Entertainment segments, respectively.

(2) Gain on sale of assets for the three months ended March 31, 2021 and 2020 relates to the Hospitality segment.

(3) Credit loss on held-to-maturity securities for the three months ended March 31, 2020 relates to the Hospitality segment.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration