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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net income $ (238,395) $ 68,954
Amounts to reconcile net income to net cash flows provided by operating activities:    
Provision for deferred income taxes 26,641 8,187
Depreciation and amortization 107,356 106,562
Amortization of deferred financing costs 3,851 3,866
Credit loss on held-to-maturity securities 24,973  
Forfeiture of Block21 earnest deposit 15,000  
Write-off of deferred financing costs 235  
Loss from unconsolidated joint ventures 3,715 167
Stock-based compensation expense 4,419 3,961
Changes in:    
Trade receivables 52,237 (22,609)
Accounts payable and accrued liabilities (109,821) (32,925)
Other assets and liabilities (1,012) 2,461
Net cash flows provided by (used in) operating activities (110,801) 138,624
Cash Flows from Investing Activities:    
Purchases of property and equipment (83,139) (69,074)
Collection of notes receivable   10,446
Investment in other joint ventures (6,728) (2,164)
Other investing activities, net 1,691 (118)
Net cash flows used in investing activities (88,176) (60,910)
Cash Flows from Financing Activities:    
Net borrowings under revolving credit facility 25,000 4,000
Deferred financing costs paid (1,510) (27)
Payment of dividends (102,315) (90,724)
Distribution from consolidated joint venture to noncontrolling interest partners (992) (10,591)
Payment of tax withholdings for share-based compensation (1,660) (3,876)
Other financing activities, net (143) 7,106
Net cash flows used in financing activities (84,120) (57,709)
Net change in cash, cash equivalents, and restricted cash (283,097) 20,005
Cash, cash equivalents, and restricted cash, beginning of period 420,396 149,089
Cash, cash equivalents, and restricted cash, end of period 137,299 169,094
Term Loan B    
Cash Flows from Financing Activities:    
Repayments under term loan B $ (2,500) (1,250)
Gaylord Rockies [Member]    
Cash Flows from Financing Activities:    
Borrowing under Gaylord Rockies term loan   $ 37,653