XML 13 R53.htm IDEA: XBRL DOCUMENT v2.4.0.8
Information Concerning Guarantor and Non-Guarantor Subsidiaries - Condensed Consolidating Statement of Operations (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Rooms $ 96,073 $ 99,982 $ 181,582 $ 187,516
Food and beverage 99,309 101,224 197,497 209,300
Other hotel revenue 27,449 31,841 53,333 62,279
Opry and Attractions 22,352 20,182 34,884 33,049
Total revenues 245,183 253,229 467,296 492,144
Operating expenses:        
Rooms 26,564 24,797 51,651 47,765
Food and beverage 60,406 60,644 121,654 122,258
Other hotel expenses 68,583 74,836 138,151 147,730
Management fees 3,724    7,193   
Total hotel operating expenses 159,277 160,277 318,649 317,753
Opry and Attractions 14,629 14,075 25,915 24,832
Corporate 6,636 13,260 13,302 26,266
Corporate overhead allocation            
REIT conversion costs 5,420 3,375 20,412 6,428
Casualty loss 17 372 49 546
Impairment and other charges (non-REIT conversion costs) 1,247    1,247   
Preopening costs    8    339
Depreciation and amortization 29,054 30,254 61,063 62,688
Total operating expenses 216,280 221,621 440,637 438,852
Operating income (loss) 28,903 31,608 26,659 53,292
Interest expense, net of amounts capitalized (17,424) (14,451) (30,747) (28,813)
Interest income 3,052 3,021 6,103 6,175
Other gains and (losses) 53    47   
Income from unconsolidated companies    109    109
Income before income taxes and discontinued operations 14,584 20,287 2,062 30,763
(Provision) benefit for income taxes 1,784 (11,314) 68,076 (15,783)
Equity in subsidiaries' earnings, net            
Income from continuing operations 16,368 8,973 70,138 14,980
Income (loss) from discontinued operations, net of income taxes 11 (19) 21 2
Net income (loss) 16,379 8,954 70,159 14,982
Comprehensive income (loss) 24,789 8,954 79,731 14,982
Parent Guarantor [Member]
       
Revenues:        
Rooms          
Food and beverage          
Other hotel revenue    9,294    12,085
Opry and Attractions    7    14
Total revenues    9,301    12,099
Operating expenses:        
Rooms          
Food and beverage          
Other hotel expenses          
Management fees          
Total hotel operating expenses          
Opry and Attractions          
Corporate    5,655    11,040
Corporate overhead allocation 2,120   2,120  
REIT conversion costs    2,732    5,380
Casualty loss    243    276
Impairment and other charges (non-REIT conversion costs)          
Preopening costs   8   22
Depreciation and amortization    758    1,526
Total operating expenses 2,120 9,396 2,120 18,244
Operating income (loss) (2,120) (95) (2,120) (6,145)
Interest expense, net of amounts capitalized (7,537) (14,660) (15,906) (29,294)
Interest income    25,129    50,461
Other gains and (losses)          
Income before income taxes and discontinued operations (9,657) 10,374 (18,026) 15,022
(Provision) benefit for income taxes    (5,688) (222) (7,639)
Equity in subsidiaries' earnings, net 26,036 4,268 88,407 7,599
Income from continuing operations 16,379 8,954 70,159 14,982
Income (loss) from discontinued operations, net of income taxes          
Net income (loss) 16,379 8,954 70,159 14,982
Comprehensive income (loss) 24,789 8,954 79,731 14,982
Issuer [Member]
       
Revenues:        
Rooms          
Food and beverage          
Other hotel revenue          
Opry and Attractions          
Total revenues          
Operating expenses:        
Rooms          
Food and beverage          
Other hotel expenses          
Management fees          
Total hotel operating expenses          
Opry and Attractions          
Corporate (181)   666  
Corporate overhead allocation          
REIT conversion costs          
Casualty loss          
Impairment and other charges (non-REIT conversion costs)          
Depreciation and amortization          
Total operating expenses (181)   666  
Operating income (loss) 181   (666)  
Interest expense, net of amounts capitalized (9,875)   (14,813)  
Interest income          
Other gains and (losses)          
Income before income taxes and discontinued operations (9,694)   (15,479)  
(Provision) benefit for income taxes (3)   (2,031)  
Equity in subsidiaries' earnings, net          
Income from continuing operations (9,697)   (17,510)  
Income (loss) from discontinued operations, net of income taxes          
Net income (loss) (9,697)   (17,510)  
Comprehensive income (loss) (9,697)   (17,510)  
Guarantors [Member]
       
Revenues:        
Rooms          
Food and beverage          
Other hotel revenue 66,836   136,515  
Opry and Attractions          
Total revenues 66,836   136,515  
Operating expenses:        
Rooms          
Food and beverage          
Other hotel expenses 10,069   22,500  
Management fees          
Total hotel operating expenses 10,069   22,500  
Opry and Attractions          
Corporate 2   2  
Corporate overhead allocation 1,530   5,605  
REIT conversion costs          
Casualty loss          
Impairment and other charges (non-REIT conversion costs) 1,247   1,247  
Depreciation and amortization 14,937   29,887  
Total operating expenses 27,785   59,241  
Operating income (loss) 39,051   77,274  
Interest expense, net of amounts capitalized          
Interest income          
Other gains and (losses)          
Income before income taxes and discontinued operations 39,051   77,274  
(Provision) benefit for income taxes (922)   142,217  
Equity in subsidiaries' earnings, net          
Income from continuing operations 38,129   219,491  
Income (loss) from discontinued operations, net of income taxes          
Net income (loss) 38,129   219,491  
Comprehensive income (loss) 38,129   219,491  
Non-Guarantors [Member]
       
Revenues:        
Rooms 96,073 99,982 181,582 187,516
Food and beverage 99,309 101,224 197,497 209,300
Other hotel revenue 31,729 31,841 62,317 62,382
Opry and Attractions 22,352 20,175 34,884 33,035
Total revenues 249,463 253,222 476,280 492,233
Operating expenses:        
Rooms 26,564 24,797 51,651 47,765
Food and beverage 60,406 60,644 121,654 122,258
Other hotel expenses 125,980 74,836 253,425 147,833
Management fees 3,724   7,193  
Total hotel operating expenses 216,674 160,277 433,923 317,856
Opry and Attractions 14,629 14,075 25,915 24,832
Corporate 6,815 7,605 12,634 15,226
Corporate overhead allocation    9,294    12,085
REIT conversion costs 5,420 643 20,412 1,048
Casualty loss 17 129 49 270
Impairment and other charges (non-REIT conversion costs)          
Preopening costs       317
Depreciation and amortization 14,117 29,496 31,176 61,162
Total operating expenses 257,672 221,519 524,109 432,796
Operating income (loss) (8,209) 31,703 (47,829) 59,437
Interest expense, net of amounts capitalized (12) (29,748) (28) (59,683)
Interest income 3,052 7,849 6,103 15,878
Other gains and (losses) 53   47  
Income from unconsolidated companies   109   109
Income before income taxes and discontinued operations (5,116) 9,913 (41,707) 15,741
(Provision) benefit for income taxes 2,709 (5,626) (71,888) (8,144)
Equity in subsidiaries' earnings, net          
Income from continuing operations (2,407) 4,287 (113,595) 7,597
Income (loss) from discontinued operations, net of income taxes 11 (19) 21 2
Net income (loss) (2,396) 4,268 (113,574) 7,599
Comprehensive income (loss) 6,014 4,268 (104,002) 7,599
Eliminations [Member]
       
Revenues:        
Rooms          
Food and beverage          
Other hotel revenue (71,116) (9,294) (145,499) (12,188)
Opry and Attractions          
Total revenues (71,116) (9,294) (145,499) (12,188)
Operating expenses:        
Rooms          
Food and beverage          
Other hotel expenses (67,466)   (137,774) (103)
Management fees          
Total hotel operating expenses (67,466)   (137,774) (103)
Opry and Attractions          
Corporate          
Corporate overhead allocation (3,650) (9,294) (7,725) (12,085)
REIT conversion costs          
Casualty loss          
Impairment and other charges (non-REIT conversion costs)          
Depreciation and amortization          
Total operating expenses (71,116) (9,294) (145,499) (12,188)
Operating income (loss)          
Interest expense, net of amounts capitalized    29,957    60,164
Interest income    (29,957)    (60,164)
Other gains and (losses)          
Income before income taxes and discontinued operations          
(Provision) benefit for income taxes          
Equity in subsidiaries' earnings, net (26,036) (4,268) (88,407) (7,599)
Income from continuing operations (26,036) (4,268) (88,407) (7,599)
Income (loss) from discontinued operations, net of income taxes          
Net income (loss) (26,036) (4,268) (88,407) (7,599)
Comprehensive income (loss) $ (34,446) $ (4,268) $ (97,979) $ (7,599)