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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities:      
Net income $ 111,511 $ 126,452 $ 118,352
Amounts to reconcile net income to net cash flows provided by operating activities:      
Benefit for deferred income taxes (13,847) (5,877) (89,530)
Depreciation and amortization 114,383 112,278 116,528
Amortization of deferred financing costs 5,505 5,959 5,500
Amortization of discount on convertible notes   8,735 13,817
Impairment and other charges 19,200   3,527
(Gain) loss on sales of long-lived assets 270 (25,274) (82)
Loss on extinguishment of debt   2,148 4,181
Loss on repurchase of warrants 20,246 4,243  
Write-off of deferred financing costs 1,926   1,845
Stock-based compensation expense 6,158 5,773 11,560
Changes in:      
Trade receivables (9,845) 6,594 3,561
Interest receivable (4,978) (3,142) (690)
Accounts payable and accrued liabilities (16,719) 6,038 (59,395)
Other assets and liabilities 552 3,077 8,525
Net cash flows provided by operating activities 234,362 247,004 137,699
Cash Flows from Investing Activities:      
Purchases of property and equipment (79,815) (58,377) (36,959)
Purchase of AC Hotel   (21,206)  
Proceeds from sale of Peterson LOI 10,000 9,350  
(Increase) decrease in restricted cash and cash equivalents (4,945) 2,759 (13,959)
Other investing activities 123 8,012 2,177
Net cash flows used in investing activities (74,637) (59,462) (48,741)
Cash Flows from Financing Activities:      
Net borrowings (repayments) under credit facility (280,100) 77,000 (35,500)
Net borrowings (repayments) under term loan B (4,000) 398,000  
Issuance of senior notes 400,000   350,000
Early redemption of senior notes     (152,180)
Repurchase and conversion of convertible notes   (358,710) (99,222)
Repurchase of common stock warrants (154,681) (177,423)  
Deferred financing costs paid (11,155) (8,428) (15,738)
Repurchase of Company stock for retirement     (100,028)
Payment of dividend (131,305) (109,414) (76,424)
Proceeds from exercise of stock options 1,777 6,862 5,223
Other financing activities (378) (600) (680)
Net cash flows used in financing activities (179,842) (172,713) (124,549)
Net change in cash and cash equivalents (20,117) 14,829 (35,591)
Cash and cash equivalents - unrestricted, beginning of period 76,408 61,579 97,170
Cash and cash equivalents - unrestricted, end of period $ 56,291 $ 76,408 $ 61,579