XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 237,949 $ 243,272 $ 419,479 $ 439,482
Operating Expenses:        
Depreciation and amortization 26,033 25,585 50,935 49,948
Hotel acquisition costs 0 22 0 2,273
Corporate expenses 7,832 6,828 17,618 13,090
Gain on business interruption insurance (2,000) 0 (8,027) 0
Total operating expenses, net 200,012 192,621 368,023 369,535
Operating profit 37,937 50,651 51,456 69,947
Interest and other income, net (296) (192) (807) (551)
Interest expense 10,274 9,585 20,151 19,098
Loss on early extinguishment of debt 0 274 0 274
Total other expenses, net 9,978 9,667 19,344 18,821
Income before income taxes 27,959 40,984 32,112 51,126
Income tax benefit (expense) 50 (4,389) 235 (5,644)
Net income $ 28,009 $ 36,595 $ 32,347 $ 45,482
Earnings per share:        
Basic earnings per share (in dollars per share) $ 0.14 $ 0.18 $ 0.16 $ 0.23
Diluted earnings per share (in dollars per share) $ 0.14 $ 0.18 $ 0.16 $ 0.23
Rooms        
Revenues:        
Total revenues $ 175,058 $ 177,483 $ 304,036 $ 315,315
Operating Expenses:        
Operating expenses 40,593 41,565 76,193 78,466
Food and beverage        
Revenues:        
Total revenues 51,572 52,762 92,364 97,540
Operating Expenses:        
Operating expenses 31,701 33,064 59,155 62,530
Management fees        
Operating Expenses:        
Operating expenses 6,610 6,949 9,443 12,961
Other        
Revenues:        
Total revenues 11,319 13,027 23,079 26,627
Operating Expenses:        
Operating expenses $ 89,243 $ 78,608 $ 162,706 $ 150,267