Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Provision (Benefit) for Income Taxes from Continuing Operations

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

	2013			2012			2011
CURRENT:
Federal	$	4,528		$	(5,622	)	$	(612	)
State		(1,396	)		(1,449	)		(1,409	)
Total current (provision) benefit		3,132			(7,071	)		(2,021	)
DEFERRED:
Federal		84,918			7,415			(4,162	)
State		4,612			1,690			(1,237	)
Total deferred (provision) benefit		89,530			9,105			(5,399	)
Total (provision) benefit for income taxes	$	92,662		$	2,034		$	(7,420	)

Summary of Taxability of Cash Distributions Paid on Common Shares

The following summarizes the estimated taxability of cash distributions to common shareholder in 2013 (per common share):

Ordinary income	$	1.39
Capital gains		0.02
Return of capital		0.09
	$	1.50

Differences Between the Income Tax (Provision) Benefit Calculated at the Statutory U.S. Federal Income Tax Rate of 35% and the Actual Income tax (Provision) Benefit Recorded for Continuing Operations

The differences between the income tax (provision) benefit calculated at the statutory U.S. federal income tax rate of 35% and the actual income tax (provision) benefit recorded for continuing operations are as follows (amounts in thousands):

	2013			2012			2011
Statutory federal income tax (expense) benefit	$	(9,035	)	$	10,034		$	(6,122	)
Adjustment for nontaxable income (loss) of the REIT		32,642			—			—
State taxes (net of federal tax benefit and change in valuation allowance)		3,216			(523	)		(3,206	)
Permanent items		1,092			(384	)		4
Nondeductible compensation		—			(2,319	)		(25	)
Nondeductible transaction costs		—			(6,632	)		—
Federal tax credits		—			542			1,330
Federal valuation allowance		(3,509	)		884			347
Unrecognized tax benefits		6,261			432			252
REIT conversion		62,063			—			—
Other		(68	)		—			—
	$	92,662		$	2,034		$	(7,420	)

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):

	2013			2012
DEFERRED TAX ASSETS:
Accounting reserves and accruals	$	20,371		$	30,067
Defined benefit plan		2,305			9,614
Investments in stock and derivatives		—			539
Deferred management rights proceeds		72,125			73,011
Rent escalation		137			27,086
Federal and State net operating loss carryforwards		43,069			16,946
Tax credits and other carryforwards		2,073			1,022
Investments in partnerships		—			3,778
Other assets		10,290			10,374
Total deferred tax assets		150,370			172,437
Valuation allowance		(97,641	)		(18,347	)
Total deferred tax assets, net of valuation allowance		52,729			154,090
DEFERRED TAX LIABILITIES:
Property and equipment, net		71,700			235,403
Goodwill and other intangibles		2,650			4,244
Other liabilities		1,496			3,381
Total deferred tax liabilities		75,846			243,028
Net deferred tax liabilities	$	23,117		$	88,938

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:

	2013			2012			2011
Unrecognized tax benefits at beginning of year	$	13,162		$	14,141		$	18,952
Additions based on tax positions related to the current year		—			7			—
Reductions based on tax positions related to the current year		—			—			(286	)
Additions for tax positions of prior years		—			—			147
Reductions for tax positions of prior years		—			(222	)		(3,963	)
Reductions due to settlements with taxing authorities		(12,327	)		—			—
Reductions due to expiration of certain statute of limitations		(835	)		(764	)		(709	)
Unrecognized tax benefits at end of year	$	—		$	13,162		$	14,141