Financial Reporting By Business Segments (Tables)

3 Months Ended

Mar. 31, 2022

Financial Reporting By Business Segments

Segments' Internal Financial Reports

The following information is derived directly from the segments’ internal financial reports used for corporate management purposes (amounts in thousands):

	Three Months Ended
	March 31,
	2022		2021
Revenues:
Hospitality	$	261,111	$	69,802
Entertainment		38,024		14,373
Corporate and Other		—		—
Total	$	299,135	$	84,175
Depreciation and amortization:
Hospitality	$	52,271	$	49,148
Entertainment		3,552		3,601
Corporate and Other		205		566
Total	$	56,028	$	53,315
Operating income (loss):
Hospitality	$	15,668	$	(63,462)
Entertainment		2,741		(7,919)
Corporate and Other		(9,762)		(8,094)
Preopening costs		(304)		(399)
Gain (loss) on sale of assets		(469)		317
Total operating income (loss)		7,874		(79,557)
Interest expense		(31,937)		(30,796)
Interest income		1,381		1,370
Loss on extinguishment of debt		—		(2,949)
Loss from unconsolidated joint ventures		(2,627)		(1,609)
Other gains and (losses), net		447		374
Loss before income taxes	$	(24,862)	$	(113,167)