Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Provision (Benefit) for Income Taxes from Continuing Operations

The provision (benefit) for income taxes from continuing operations consists of the following (amounts in thousands):

	Years Ended December 31,
	2012			2011		2010
CURRENT:
Federal	$	5,622		$	612	$	(39,210	)
State		1,449			1,409		1,061
Total current provision (benefit)		7,071			2,021		(38,149	)
DEFERRED:
Federal		(7,415	)		4,162		(1,460	)
State		(1,690	)		1,237		(1,858	)
Effect of tax law change		—			—		749
Total deferred provision (benefit)		(9,105	)		5,399		(2,569	)
Total provision (benefit) for income taxes	$	(2,034	)	$	7,420	$	(40,718	)

Effective Tax Rate as Applied to Pre-Tax Income or Loss from Continuing Operations

The effective tax rate as applied to pre-tax income or loss from continuing operations differed from the statutory federal rate due to the following:

	Years Ended December 31,
	2012			2011			2010
U.S. federal statutory rate		35	%		35	%		35	%
State taxes (net of federal tax benefit and change in valuation allowance)		–2	%		18	%		1	%
Permanent items		–1	%		0	%		0	%
Nondeductible compensation		–8	%		0	%		–1	%
Nondeductible transaction costs		–23	%		0	%		0	%
Federal tax credits		2	%		–8	%		1	%
Federal valuation allowance		3	%		–2	%		–4	%
Effect of tax law change		0	%		0	%		–1	%
Unrecognized tax benefits		1	%		–1	%		0	%
		7	%		42	%		31	%

Components of Company's Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities at December 31 are as follows (amounts in thousands):

	2012			2011
DEFERRED TAX ASSETS:
Accounting reserves and accruals	$	30,067		$	32,521
Defined benefit plan		9,614			10,898
Investments in stock and derivatives		539			540
Deferred management rights proceeds		73,011			—
Rent escalation		27,086			24,574
Federal and State net operating loss carryforwards		16,946			113,015
Tax credits and other carryforwards		1,022			6,263
Investments in partnerships		3,778			3,323
Other assets		10,374			17,109
Total deferred tax assets		172,437			208,243
Valuation allowance		(18,347	)		(19,222	)
Total deferred tax assets, net of valuation allowance		154,090			189,021
DEFERRED TAX LIABILITIES:
Property and equipment, net		235,403			272,925
Goodwill and other intangibles		4,244			2,922
Other liabilities		3,381			12,752
Total deferred tax liabilities		243,028			288,599
Net deferred tax liabilities	$	88,938		$	99,578

Reconciliation of Beginning and Ending Gross Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending gross amount of unrecognized tax benefits (exclusive of interest and penalties) is as follows:

	2012			2011			2010
Unrecognized tax benefits at beginning of year	$	14,141		$	18,952		$	16,123
Additions (reductions) based on tax positions related to the current year		7			(286	)		3,084
Additions for tax positions of prior years		—			147			10,293
Reductions for tax positions of prior years		(986	)		(4,672	)		(10,548	)
Unrecognized tax benefits at end of year	$	13,162		$	14,141		$	18,952