XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS:    
Property and equipment, net $ 4,932,998 $ 4,124,382
Cash and cash equivalents - unrestricted 483,330 477,694
Cash and cash equivalents - restricted 33,225 98,534
Notes receivable, net 52,425 57,801
Trade receivables, net 111,147 94,184
Deferred income tax assets, net 65,019 70,511
Prepaid expenses and other assets 227,733 178,091
Intangible assets and goodwill, net 290,768 116,376
Total assets 6,196,645 5,217,573
LIABILITIES AND EQUITY:    
Debt and finance lease obligations 3,976,019 3,378,396
Accounts payable and accrued liabilities 540,790 466,571
Distributions payable 75,045 71,444
Deferred management rights proceeds 164,203 164,658
Operating lease liabilities 157,912 135,117
Other liabilities 72,546 66,805
Total liabilities 4,986,515 4,282,991
Commitments and contingencies
Noncontrolling interest in Opry Entertainment Group 411,989 381,945
Equity:    
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 63,000 and 59,903 shares issued and outstanding, respectively 630 599
Additional paid-in capital 1,728,384 1,475,211
Treasury stock of 721 and 696 shares, at cost (25,959) (23,526)
Distributions in excess of retained earnings (931,495) (888,132)
Accumulated other comprehensive loss (13,067) (15,172)
Total stockholders' equity 758,493 548,980
Noncontrolling interests 39,648 3,657
Total equity 798,141 552,637
Total liabilities and equity $ 6,196,645 $ 5,217,573