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Consolidated and Combined Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
Total revenues $ 111,136 $ 115,678 $ 119,046
EXPENSES      
Operating costs 44,429 41,219 44,048
Provision for (recovery of) doubtful accounts 2,363 459 1,412
General and administrative 63,269 30,536 16,977
Depreciation and amortization 34,785 48,432 47,356
Other   81 58
Total expenses 219,605 199,625 186,652
OTHER      
Provision for impairment   (672,492) 0
Other income (loss), net 6,729 33 935
Total other 6,729 (672,459) 935
Operating income (loss) (101,740) (756,406) (66,671)
Interest income (expense) (6,751) (3,166) (4,013)
Equity in losses from unconsolidated ventures (42,571) (80,633) (37,124)
Loss on extinguishment of debt (1,563) (47)  
Income (loss) before income taxes (152,625) (840,252) (107,808)
Income tax expense (benefit) 0 (2,187) 3,469
Net loss (152,625) (838,065) (111,277)
Preferred distributions to noncontrolling interest in subsidiary (587)    
Net loss attributable to common stockholders $ (153,212) $ (838,065) $ (111,277)
Total weighted average shares      
Basic (in shares) 9,108 5,522 5,522
Diluted (in shares) 9,108 5,522 5,522
Earnings (loss) per share attributable to common stockholders      
Basic (in dollars per share) $ (16.82) $ (151.77) $ (20.15)
Diluted (in dollars per share) $ (16.82) $ (151.77) $ (20.15)
Sponsorships, events, and entertainment revenue      
REVENUES      
Total revenues $ 56,153 $ 60,623 $ 55,724
EXPENSES      
Cost of revenue 43,757 47,466 38,764
Hospitality revenue      
REVENUES      
Total revenues 29,528 32,951 42,565
EXPENSES      
Cost of revenue 31,002 31,432 38,037
Rental revenue      
REVENUES      
Total revenues 25,363 22,096 19,810
Other revenue      
REVENUES      
Total revenues $ 92 $ 8 $ 947