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FINANCIAL REPORTING BY BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segments Internal Financial Reports

The following information from continuing operations is derived directly from the segments’ internal financial reports used for corporate management purposes (amounts in thousands):

 

     Three Months Ended  
     March 31,  
     2014     2013  

Revenues:

    

Hospitality

   $ 232,203      $ 209,581   

Opry and Attractions

     14,248        12,532   

Corporate and Other

     —          —     
  

 

 

   

 

 

 

Total

   $ 246,451      $ 222,113   
  

 

 

   

 

 

 

Depreciation and amortization:

    

Hospitality

   $ 25,514      $ 26,801   

Opry and Attractions

     1,425        1,366   

Corporate and Other

     1,064        3,842   
  

 

 

   

 

 

 

Total

   $ 28,003      $ 32,009   
  

 

 

   

 

 

 

Operating income (loss):

    

Hospitality

   $ 40,016      $ 23,408   

Opry and Attractions

     552        (120

Corporate and Other

     (7,771     (10,508

REIT conversion costs

     —          (14,992

Casualty loss

     —          (32
  

 

 

   

 

 

 

Total operating income (loss)

     32,797        (2,244

Interest expense

     (15,670     (13,323

Interest income

     3,031        3,051   

Other gains and (losses), net

     —          (6
  

 

 

   

 

 

 

Income (loss) before income taxes and discontinued operations

   $ 20,158      $ (12,522