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Segments
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segments Segments
Operating segments are components of a company for which separate financial and operating information is regularly evaluated and reported to the Chief Operating Decision Maker ("CODM"), and is used to allocate resources and analyze performance. The Company's CODM is the executive leadership team, which reviews information about the Company's two operating segments: Airline and Sunseeker Resort.

Airline Segment

The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation and other airline-related revenue. The CODM evaluation includes, but is not limited to, route and flight profitability data, ancillary and third party product and service offering statistics, and fixed fee contract information when making resource allocation decisions with the goal of optimizing consolidated financial results.

Sunseeker Resort Segment

The Sunseeker Resort segment represents activity related to the development and construction of Sunseeker Resort in Southwest Florida, as well as the renovation of Aileron Golf Course (formerly known as Kingsway Golf Course). Plans for the resort include a 500-room hotel and two towers offering an estimated 180 one, two and three-bedroom suites, bar and restaurant options, and other amenities. The golf course is a short drive from the resort site and is considered, from a planning and strategic perspective, to be an additional resort amenity. The construction of Sunseeker Resort is an extension of the Company's leisure travel focus and it is expected that many customers flying to Southwest Florida on Allegiant will elect to stay at this resort and enjoy its amenities.
Selected information for the Company's segments and the reconciliation to the consolidated financial statement amounts are as follows:
(in thousands)AirlineSunseeker ResortConsolidated
Year Ended December 31, 2022
Operating revenue:
    Passenger$2,137,762 $— $2,137,762 
    Third party products100,959 — 100,959 
    Fixed fee contract60,937 — 60,937 
    Other2,169 2,171 
Operating income (loss)136,968 (45,322)91,646 
Interest expense, net (1)
72,008 7,714 79,722 
Depreciation and amortization197,433 109 197,542 
Capital expenditures475,254 288,408 763,662 
Year Ended December 31, 2021
Operating revenue:
Passenger$1,578,436 $— $1,578,436 
Third party products86,487 — 86,487 
Fixed fee contract41,184 — 41,184 
Other1,803 — 1,803 
Operating income (loss)271,073 (7,998)263,075 
Interest expense, net (1)
64,529 1,818 66,347 
Depreciation and amortization180,923 112 181,035 
Capital expenditures309,982 50,629 360,611 
Year Ended December 31, 2020
Operating revenue:
Passenger$902,187 $— $902,187 
Third party products46,482 — 46,482 
Fixed fee contract26,865 — 26,865 
Other13,889 650 14,539 
Operating income (loss)(135,264)(145,721)(280,985)
Interest expense, net (1)
50,355 562 50,917 
Depreciation and amortization175,652 615 176,267 
Capital expenditures263,190 45,160 308,350 
(1)Excludes losses on debt extinguishment.

Total assets were as follows as of the dates indicated:
(in thousands)As of December 31, 2022As of December 31, 2021
Airline$4,047,134 $3,872,041 
Sunseeker Resort464,163 119,032 
Consolidated$4,511,297 $3,991,073