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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:                      
Total revenues $ 360,565 $ 292,249 $ 333,934 $ 288,370 $ 345,175 $ 264,724 $ 298,778 $ 276,042 $ 1,275,118 $ 1,184,719 $ 1,149,207
Operating expenses:                      
Total hotel operating expenses                 771,239 733,599 722,439
Entertainment                 109,249 84,513 74,627
Corporate                 30,833 31,387 26,883
Preopening costs                 4,869 1,926  
Depreciation and amortization 31,221 30,994 29,995 28,666 28,097 28,546 27,679 27,637 120,876 111,959 109,816
Impairment charges                 23,783    
Other-than-temporary impairment loss on held-to-maturity securities:                      
Total other-than-temporary impairment loss                   41,961  
Less portion recognized in other comprehensive income                   (6,543)  
Net impairment loss recognized in earnings on held-to-maturity securities                   35,418  
Total operating expenses                 1,060,849 998,802 933,765
Operating income 51,526 40,100 76,699 45,944 36,788 37,510 64,644 46,975 214,269 185,917 215,442
Interest expense                 (74,961) (66,051) (63,906)
Interest income                 10,469 11,818 11,500
Income (loss) from joint ventures                 125,005 (4,402) (2,794)
Other gains and (losses), net                 1,633 (337) 2,524
Income before income taxes 161,191 24,454 61,222 29,548 21,141 24,400 48,191 33,213 276,415 126,945 162,766
(Provision) benefit for income taxes (1,997) (1,863) (5,676) (2,209) 51,177 (530) (899) (593) (11,745) 49,155 (3,400)
Net income $ 159,194 $ 22,591 $ 55,546 $ 27,339 $ 72,318 $ 23,870 $ 47,292 $ 32,620 $ 264,670 $ 176,100 $ 159,366
Basic income per share $ 3.10 $ 0.44 $ 1.08 $ 0.53 $ 1.41 $ 0.47 $ 0.92 $ 0.64 $ 5.16 $ 3.44 $ 3.12
Diluted income per share $ 3.09 $ 0.44 $ 1.08 $ 0.53 $ 1.41 $ 0.46 $ 0.92 $ 0.63 5.14 3.43 3.11
Dividends declared per common share                 $ 3.40 $ 3.20 $ 3.00
Rooms [Member]                      
Revenues:                      
Total revenues                 $ 454,370 $ 431,768 $ 420,011
Operating expenses:                      
Total hotel operating expenses                 118,060 112,636 109,618
Food and Beverage [Member]                      
Revenues:                      
Total revenues                 519,843 483,945 477,493
Operating expenses:                      
Total hotel operating expenses                 282,906 269,824 267,307
Hotel, Other [Member]                      
Revenues:                      
Total revenues                 153,690 143,947 142,139
Operating expenses:                      
Total hotel operating expenses                 339,529 327,283 323,320
Management Fees [Member]                      
Operating expenses:                      
Total hotel operating expenses                 30,744 23,856 22,194
Entertainment [Member]                      
Revenues:                      
Total revenues                 $ 147,215 $ 125,059 $ 109,564