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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:                      
Rooms                 $ 404,457 $ 384,185 $ 357,313
Food and beverage                 461,157 437,673 403,725
Other hotel revenue                 128,989 132,308 117,471
Entertainment (previously Opry and Attractions)                 97,521 86,825 76,053
Total revenues $ 312,120 $ 252,820 $ 274,036 $ 253,148 $ 291,612 $ 245,015 $ 257,913 $ 246,451 1,092,124 1,040,991 954,562
Operating expenses:                      
Rooms                 110,067 111,864 103,171
Food and beverage                 261,580 248,358 237,153
Other hotel expenses                 312,989 311,836 298,830
Management fees                 14,657 16,151 14,652
Total hotel operating expenses                 699,293 688,209 653,806
Entertainment (previously Opry and Attractions)                 67,363 59,815 56,528
Corporate                 28,914 27,573 26,292
REIT conversion costs                 0 0 22,190
Casualty loss                     54
Preopening costs                 909 11  
Impairment and other charges                 19,200   2,976
Depreciation and amortization 28,916 28,498 28,399 28,570 28,010 28,033 28,232 28,003 114,383 112,278 116,528
Total operating expenses                 930,062 887,886 878,374
Operating income 36,389 32,768 57,015 35,890 43,739 29,083 47,486 32,797 162,062 153,105 76,188
Interest expense                 (63,901) (61,447) (60,916)
Interest income                 12,384 12,075 12,267
Loss on extinguishment of debt                   (2,148) (4,181)
Other gains and (losses), net                 (10,889) 23,400 2,332
Income before income taxes 30,469 22,079 42,255 4,853 61,582 14,667 28,567 20,169 99,656 124,985 25,690
Benefit for income taxes 8,430 4,612 (866) (321) 1,096 463 (576) 484 11,855 1,467 92,662
Net income 38,899 26,691 41,389 4,532 62,678 15,130 27,991 20,653 111,511 126,452 118,352
Loss on call spread and warrant modifications related to convertible notes             (5,000)     (5,417) (4,869)
Net income available to common stockholders $ 38,899 $ 26,691 $ 41,389 $ 4,532 $ 62,213 $ 15,130 $ 23,039 $ 20,653 $ 111,511 $ 121,035 $ 113,483
Basic income per share available to common stockholders: $ 0.76 $ 0.52 $ 0.81 $ 0.09 $ 1.22 $ 0.30 $ 0.45 $ 0.41 $ 2.18 $ 2.38 $ 2.22
Fully diluted income per share available to common stockholders: $ 0.75 $ 0.52 $ 0.80 $ 0.09 $ 1.21 $ 0.25 $ 0.38 $ 0.32 2.16 2.17 1.81
Dividends declared per common share                 $ 2.70 $ 2.20 $ 2.00