XML 67 R56.htm IDEA: XBRL DOCUMENT v3.22.2
Debt - Derivative Financial Instruments (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]          
Interest expense $ 33,958,000 $ 29,847,000 $ 65,895,000 $ 60,643,000  
Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Amount of Gain (Loss) Recognized in OCI on Derivative 2,119,000 (426,000) 8,189,000 176,000  
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense) (2,175,000) (4,110,000) (6,124,000) (8,111,000)  
Derivatives in Cash Flow Hedging | Interest Expense [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Estimated reclassification from AOCI to interest expenses     4,900,000    
Interest rate swaps          
Derivative Instruments, Gain (Loss) [Line Items]          
Fair value of derivative liability 1,000,000.0   1,000,000.0    
Termination value in case of breach of provisions 1,000,000.0   1,000,000.0    
Interest rate swaps | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Estimated Fair Value Asset (Liability) Balance 4,951,000   4,951,000   $ (9,362,000)
Amount of Gain (Loss) Recognized in OCI on Derivative 2,119,000 (426,000) 8,189,000 176,000  
Interest rate swaps | Derivatives in Cash Flow Hedging | Interest Expense [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense) $ (2,175,000) $ (4,110,000) $ (6,124,000) $ (8,111,000)  
Interest rate swaps | Derivative Instrument Gaylord Rockies Term Loan Maturing on August 1, 2022 [Member] | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Strike rate 1.65%   1.65%    
Derivative, maturity date     Aug. 01, 2022    
Notional amount $ 800,000,000   $ 800,000,000    
Estimated Fair Value Asset (Liability) Balance $ 44,000   $ 44,000   (6,421,000)
Interest rate swaps | Derivative Instrument Gaylord Rockies Term Loan Maturing on August 1, 2023 [Member] | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Strike rate 3.341%   3.341%    
Derivative, maturity date     Aug. 01, 2023    
Notional amount $ 800,000,000   $ 800,000,000    
Estimated Fair Value Asset (Liability) Balance $ (604,000)   $ (604,000)    
Term Loan B | Derivative Instrument One Term Loan B Maturing on May 11, 2023 [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, maturity date     May 11, 2023    
Term Loan B | Derivative Instrument One Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Strike rate 1.2235%   1.2235%    
Notional amount $ 87,500,000   $ 87,500,000    
Estimated Fair Value Asset (Liability) Balance $ 1,380,000   $ 1,380,000   (733,000)
Term Loan B | Derivative Instrument Two Term Loan B Maturing on May 11, 2023 [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, maturity date     May 11, 2023    
Term Loan B | Derivative Instrument Two Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Strike rate 1.2235%   1.2235%    
Notional amount $ 87,500,000   $ 87,500,000    
Estimated Fair Value Asset (Liability) Balance $ 1,380,000   $ 1,380,000   (733,000)
Term Loan B | Derivative Instrument Three Term Loan B Maturing on May 11, 2023 [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, maturity date     May 11, 2023    
Term Loan B | Derivative Instrument Three Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Strike rate 1.2235%   1.2235%    
Notional amount $ 87,500,000   $ 87,500,000    
Estimated Fair Value Asset (Liability) Balance $ 1,380,000   $ 1,380,000   (733,000)
Term Loan B | Derivative Instrument Four Term Loan B Maturing on May 11, 2023 [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, maturity date     May 11, 2023    
Term Loan B | Derivative Instrument Four Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Strike rate 1.2315%   1.2315%    
Notional amount $ 87,500,000   $ 87,500,000    
Estimated Fair Value Asset (Liability) Balance 1,371,000   1,371,000   (742,000)
$500 Million Term Loan B [Member] | Secured Debt [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Face amount 500,000,000   500,000,000   $ 500,000,000
$800M Gaylord Rockies Term Loan [Member] | Secured Debt [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Face amount $ 800,000,000   $ 800,000,000