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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 15, 2012
Jun. 30, 2013
Jun. 15, 2012
Revenues:        
Rooms $ 154,549 $ 123,972 $ 278,835 $ 205,465
Food and beverage 56,943 46,414 102,220 76,625
Other 12,692 10,564 24,432 17,282
Total revenues 224,184 180,950 405,487 299,372
Operating Expenses:        
Rooms 39,226 32,605 75,569 56,958
Food and beverage 38,079 32,419 71,885 55,723
Management fees 7,351 6,502 12,231 9,569
Other hotel expenses 74,559 59,248 144,126 107,034
Depreciation and amortization 27,193 20,129 54,026 40,190
Impairment of favorable lease asset 0 468 0 468
Hotel acquisition costs 14 1,999 24 2,031
Corporate expenses 5,287 5,001 13,123 9,484
Total operating expenses 191,709 158,371 370,984 281,457
Operating profit 32,475 22,579 34,503 17,915
Other Expenses (Income):        
Interest income (1,659) (155) (2,945) (217)
Interest expense 14,456 12,510 28,040 23,978
Gain on early extinguishment of debt 0 0 0 (144)
Total other expenses 12,797 12,355 25,095 23,617
Income (loss) from continuing operations before income taxes 19,678 10,224 9,408 (5,702)
Income tax (expense) benefit (4,606) (1,739) 1,537 4,081
Income (loss) from continuing operations 15,072 8,485 10,945 (1,621)
Income from discontinued operations, net of income taxes 0 459 0 13,180
Net income $ 15,072 $ 8,944 $ 10,945 $ 11,559
Earnings (loss) per share:        
Continuing operations (in dollars per share) $ 0.08 $ 0.05 $ 0.06 $ (0.01)
Discontinued operations (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.08
Basic and diluted earnings per share $ 0.08 $ 0.05 $ 0.06 $ 0.07