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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net income $ (368,272) $ 89,844
Amounts to reconcile net income to net cash flows provided by operating activities:    
Provision for deferred income taxes 26,607 10,865
Depreciation and amortization 161,232 160,560
Amortization of deferred financing costs 5,889 5,805
Credit loss on held-to-maturity securities 32,784  
Forfeiture of Block21 earnest deposit 15,000  
Write-off of deferred financing costs 246 2,833
Loss from unconsolidated joint ventures 5,482 475
Stock-based compensation expense 6,623 5,862
Changes in:    
Trade receivables 56,950 (15,244)
Accounts payable and accrued liabilities (57,024) (19,905)
Other assets and liabilities 2,152 (9,954)
Net cash flows provided by (used in) operating activities (112,331) 231,141
Cash Flows from Investing Activities:    
Purchases of property and equipment (124,581) (109,603)
Collection of notes receivable 2,985 13,211
Investment in other joint ventures (8,761) (2,241)
Other investing activities, net (1,304) 236
Net cash flows used in investing activities (131,661) (103,878)
Cash Flows from Financing Activities:    
Net borrowings under revolving credit facility 35,000 (302,000)
Issuance of senior notes   500,000
Redemption of senior notes   (350,000)
Deferred financing costs paid (1,528) (17,587)
Payment of dividends (102,325) (137,037)
Distribution from consolidated joint venture to noncontrolling interest partners (992) (105,793)
Payment of tax withholdings for share-based compensation (1,688) (3,965)
Other financing activities, net (188) (149)
Net cash flows used in financing activities (75,471) (116,893)
Net change in cash, cash equivalents, and restricted cash (319,463) 10,370
Cash, cash equivalents, and restricted cash, beginning of period 420,396 149,089
Cash, cash equivalents, and restricted cash, end of period 100,933 159,459
Term Loan B    
Cash Flows from Financing Activities:    
Repayments under term loan B $ (3,750) (3,750)
Gaylord Rockies [Member]    
Cash Flows from Investing Activities:    
Purchase of additional interest in Gaylord Rockies joint venture, net of cash acquired   (5,481)
Cash Flows from Financing Activities:    
Borrowing under Gaylord Rockies term loan   800,000
Repayment of Gaylord Rockies construction and mezzanine loans   $ (496,612)