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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:                      
Rooms                 $ 420,011 $ 404,457 $ 384,185
Food and beverage                 477,493 461,157 437,673
Other hotel revenue                 142,139 128,989 132,308
Entertainment                 109,564 97,521 86,825
Total revenues $ 319,775 $ 271,720 $ 296,215 $ 261,497 $ 312,120 $ 252,820 $ 274,036 $ 253,148 1,149,207 1,092,124 1,040,991
Operating expenses:                      
Rooms                 109,618 110,067 111,864
Food and beverage                 267,307 261,580 248,358
Other hotel expenses                 322,774 312,989 311,836
Management fees, net                 22,194 14,657 16,151
Total hotel operating expenses                 721,893 699,293 688,209
Entertainment                 74,550 67,363 59,815
Corporate                 29,143 28,914 27,573
Preopening costs                   909 11
Impairment and other charges         16,300         19,200  
Depreciation and amortization 27,928 26,706 26,409 28,773 28,916 28,498 28,399 28,570 109,816 114,383 112,278
Total operating expenses                 935,402 930,062 887,886
Operating income 61,499 46,567 66,945 38,794 36,389 32,768 57,015 35,890 213,805 162,062 153,105
Interest expense                 (63,906) (63,901) (61,447)
Interest income                 11,500 12,384 12,075
Loss on extinguishment of debt                     (2,148)
Loss from joint ventures                 (2,794)    
Other gains and (losses), net                 4,161 (10,889) 23,400
Income before income taxes 49,144 35,415 52,746 25,461 30,469 22,079 42,255 4,853 162,766 99,656 124,985
(Provision) benefit for income taxes (1,048) (1,822) (1,415) 885 8,430 4,612 (866) (321) (3,400) 11,855 1,467
Net income 48,096 33,593 51,331 26,346 38,899 26,691 41,389 4,532 159,366 111,511 126,452
Loss on call spread and warrant modifications related to convertible notes                     (5,417)
Net income available to common stockholders $ 48,096 $ 33,593 $ 51,331 $ 26,346 $ 38,899 $ 26,691 $ 41,389 $ 4,532 $ 159,366 $ 111,511 $ 121,035
Basic income per share available to common stockholders $ 0.94 $ 0.66 $ 1.01 $ 0.52 $ 0.76 $ 0.52 $ 0.81 $ 0.09 $ 3.12 $ 2.18 $ 2.38
Fully diluted income per share available to common stockholders $ 0.94 $ 0.66 $ 1.00 $ 0.51 $ 0.75 $ 0.52 $ 0.80 $ 0.09 3.11 2.16 2.17
Dividends declared per common share                 $ 3.00 $ 2.70 $ 2.20