Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2017

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation

RYMAN HOSPITALITY PROPERTIES, INC. AND SUBSIDIARIES

SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2017

(Amounts in thousands)

				Initital Cost to Company						Gross Amount at End of Year
	Encmbr			Land		Bldgs & Impr		Costs Capitalized Subs to Acq		Land		Bldgs & Impr		Total (2)		Acc Depr		Date Acq/ Constr		Depr Life (yrs)
Gaylord Opryland		(1	)	$	9,817	$	77,125	$	574,220	$	48,484	$	612,678	$	661,162	$	334,961		1983		20-40
Gaylord Palms		(1	)		21,564		314,661		52,411		35,021		353,615		388,636		154,317		2002		20-40
Gaylord Texan		(1	)		21,235		388,030		81,903		46,411		444,757		491,168		157,298		2004		20-40
Gaylord National		(1	)		43,212		840,261		37,511		47,411		873,573		920,984		208,448		2008		20-40
Inn at Opryland		—			2,675		7,248		14,507		2,960		21,470		24,430		8,480		1998		20-40
AC Hotel		—			9,079		17,340		3,655		9,099		20,975		30,074		1,606		2014		20-40
Miscellaneous		—			21,290		16,250		16,396		36,127		17,809		53,936		18,335		N/A		20-40
		—		$	128,872	$	1,660,915	$	780,603	$	225,513	$	2,344,877	$	2,570,390	$	883,445

	2017		2016			2015
Investment in real estate:
Balance at beginning of year	$	2,529,641	$	2,510,579		$	2,488,361
Acquisitions		—		—			—
Improvements		40,749		21,899			22,302
Disposals		—		(2,837	)		(84	)
Balance at end of year	$	2,570,390	$	2,529,641		$	2,510,579
Accumulated depreciation:
Balance at beginning of year	$	818,323	$	754,861		$	691,691
Depreciation		65,122		63,718			63,180
Disposals		—		(256	)		(10	)
Balance at end of year	$	883,445	$	818,323		$	754,861

(1) Pledged as collateral under the Company’s credit facility. At December 31, 2017, $869.1 million in borrowings and letters of credit were outstanding under such facility.

(2) The aggregate cost of properties for federal income tax purposes is approximately $2.4 billion at December 31, 2017.