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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:      
Net income $ 159,366 $ 111,511 $ 126,452
Amounts to reconcile net income to net cash flows provided by operating activities:      
Provision (benefit) for deferred income taxes 321 (13,847) (5,877)
Depreciation and amortization 109,816 114,383 112,278
Amortization of deferred financing costs 4,863 5,505 5,959
Amortization of discount on convertible notes     8,735
Impairment and other charges   19,200  
(Gain) loss on sales of long-lived assets (1,853) 270 (25,274)
Loss on extinguishment of debt     2,148
Loss on repurchase of warrants   20,246 4,243
Write-off of deferred financing costs   1,926  
Stock-based compensation expense 6,128 6,158 5,773
Changes in:      
Trade receivables 7,215 (9,845) 6,594
Interest receivable (2,517) (4,978) (3,142)
Accounts payable and accrued liabilities 1,148 (13,019) 11,258
Other assets and liabilities 9,114 552 3,077
Net cash flows provided by operating activities 293,601 238,062 252,224
Cash Flows from Investing Activities:      
Purchases of property and equipment (117,977) (79,815) (58,377)
Investment in Gaylord Rockies joint venture (70,141)    
Purchase of AC Hotel     (21,206)
Proceeds from sale of Peterson LOI 6,785 10,000 9,350
(Increase) decrease in restricted cash and cash equivalents 293 (4,945) 2,759
Other investing activities 1,799 123 8,012
Net cash flows used in investing activities (179,241) (74,637) (59,462)
Cash Flows from Financing Activities:      
Net borrowings (repayments) under credit facility 76,000 (280,100) 77,000
Net borrowings (repayments) under term loan B (4,000) (4,000) 398,000
Issuance of senior notes   400,000  
Repayment of note payable related to purchase of AC Hotel (6,000)    
Repurchase and conversion of convertible notes     (358,710)
Repurchase of common stock warrants   (154,681) (177,423)
Deferred financing costs paid   (11,155) (8,428)
Repurchase of Company stock for retirement (24,811)    
Payment of dividends (151,160) (131,305) (109,414)
Proceeds from exercise of stock options 1,702 1,776 6,862
Payment of tax withholdings for share-based compensation (3,235) (3,700) (5,220)
Other financing activities (19) (377) (600)
Net cash flows used in financing activities (111,523) (183,542) (177,933)
Net change in cash and cash equivalents 2,837 (20,117) 14,829
Cash and cash equivalents - unrestricted, beginning of period 56,291 76,408 61,579
Cash and cash equivalents - unrestricted, end of period $ 59,128 $ 56,291 $ 76,408