Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Benefit for Income Taxes from Continuing Operations

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

	2014			2013			2012
CURRENT:
Federal	$	(2,071	)	$	4,528		$	(5,622	)
State		(2,339	)		(1,396	)		(1,449	)
Total current (provision) benefit		(4,410	)		3,132			(7,071	)
DEFERRED:
Federal		2,588			84,918			7,415
State		3,289			4,612			1,690
Total deferred benefit		5,877			89,530			9,105
Total benefit for income taxes	$	1,467		$	92,662		$	2,034

Summary of Taxability of Cash Distributions Paid on Common Shares

The estimated taxability of cash distributions to common shareholders is as follows (per common share):

	2014		2013
Ordinary income	$	2.30	$	1.39
Capital gains		0.17		0.02
Return of capital		—		0.09
	$	2.47	$	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 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 benefit recorded for continuing operations are as follows (amounts in thousands):

	2014			2013			2012
Statutory federal income tax (provision) benefit	$	(43,750	)	$	(9,035	)	$	10,034
Adjustment for nontaxable income of the REIT		44,701			32,642			—
State taxes (net of federal tax benefit and change in valuation allowance)		950			3,216			(523	)
Permanent items		(160	)		1,092			(384	)
Nondeductible compensation		—			—			(2,319	)
Nondeductible transaction costs		—			—			(6,632	)
Federal tax credits		112			—			542
Federal valuation allowance		(853	)		(3,509	)		884
Unrecognized tax benefits		—			6,261			432
REIT conversion		—			62,063			—
Other		467			(68	)		—
	$	1,467		$	92,662		$	2,034

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):

	2014			2013
DEFERRED TAX ASSETS:
Accounting reserves and accruals	$	22,023		$	20,371
Defined benefit plan		7,285			2,305
Deferred management rights proceeds		70,887			72,125
Rent escalation		147			137
Federal and State net operating loss carryforwards		47,156			43,069
Tax credits and other carryforwards		1,016			2,073
Other assets		7,806			10,290
Total deferred tax assets		156,320			150,370
Valuation allowance		(98,445	)		(97,641	)
Total deferred tax assets, net of valuation allowance		57,875			52,729
DEFERRED TAX LIABILITIES:
Property and equipment, net		68,047			71,700
Goodwill and other intangibles		1,727			2,650
Other liabilities		2,385			1,496
Total deferred tax liabilities		72,159			75,846
Net deferred tax liabilities	$	14,284		$	23,117

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:

	2014		2013			2012
Unrecognized tax benefits at beginning of year	$	—	$	13,162		$	14,141
Additions based on tax positions related to the current year		—		—			7
Reductions for tax positions of prior years		—		—			(222	)
Reductions due to settlements with taxing authorities		—		(12,327	)		—
Reductions due to expiration of certain statute of limitations		—		(835	)		(764	)
Unrecognized tax benefits at end of year	$	—	$	—		$	13,162