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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 268,208 $ 179,472 $ 746,448 $ 377,200
Operating Expenses:        
Depreciation and amortization 27,053 25,555 81,097 77,209
Impairment losses 0 0 2,843 126,697
Corporate expenses 7,516 8,341 22,275 23,790
Business interruption insurance income 0 0 (499) 0
Total operating expenses, net 220,419 168,809 620,575 539,438
Interest and other expense (income), net 152 11 1,044 (460)
Interest expense 9,072 10,052 22,866 29,246
Loss on early extinguishment of debt 9,698 0 9,698 0
Total other expenses, net 18,922 10,063 33,608 28,786
Income (loss) before income taxes 28,867 600 92,265 (191,024)
Income tax expense (312) (2,371) (949) (1,433)
Net income (loss) 28,555 (1,771) 91,316 (192,457)
Less: Net (income) loss attributable to noncontrolling interests (99) 6 (315) 812
Net income (loss) attributable to the Company 28,456 (1,765) 91,001 (191,645)
Distributions to preferred stockholders (2,454) (2,454) (7,362) (7,362)
Net income (loss) attributable to common stockholders $ 26,002 $ (4,219) $ 83,639 $ (199,007)
Earnings (loss) per share:        
Earnings (loss) per share available to common stockholders—basic (in dollars per share) $ 0.12 $ (0.02) $ 0.39 $ (0.94)
Earnings (loss) per share available to common stockholders—diluted (in dollars per share) $ 0.12 $ (0.02) $ 0.39 $ (0.94)
Rooms        
Revenues:        
Total revenues $ 184,994 $ 128,743 $ 510,189 $ 266,051
Operating Expenses:        
Operating expenses 43,899 32,442 120,374 67,736
Food and beverage        
Revenues:        
Total revenues 61,940 36,513 176,294 76,052
Operating Expenses:        
Operating expenses 43,227 26,957 119,919 58,091
Other        
Revenues:        
Total revenues 21,274 14,216 59,965 35,097
Operating Expenses:        
Operating expenses 83,318 66,399 234,325 167,208
Management fees        
Operating Expenses:        
Operating expenses 6,697 3,104 17,029 6,514
Franchise fees        
Operating Expenses:        
Operating expenses $ 8,709 $ 6,011 $ 23,212 $ 12,193