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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 504,843 $ 470,204 $ 996,562 $ 769,339
Operating expenses:        
Total hotel operating expenses 267,306 249,213 542,800 442,385
Entertainment 57,088 45,670 108,522 77,401
Corporate 9,885 12,417 20,479 21,974
Preopening costs 67 221 257 525
Loss on sale of assets       469
Depreciation and amortization 48,257 56,715 96,614 112,743
Total operating expenses 382,603 364,236 768,672 655,497
Operating income 122,240 105,968 227,890 113,842
Interest expense (49,179) (33,958) (91,707) (65,895)
Interest income 5,318 1,379 7,865 2,760
Loss on extinguishment of debt (2,252) (1,547) (2,252) (1,547)
Loss from unconsolidated joint ventures (2,153) (3,001) (4,959) (5,628)
Other gains and (losses), net (287) (283) (523) 164
Income before income taxes 73,687 68,558 136,314 43,696
Provision for income taxes (3,544) (17,634) (5,177) (17,569)
Net income 70,143 50,924 131,137 26,127
Net income attributable to noncontrolling interest in consolidated joint venture (3,134) (280) (2,371) (280)
Net income attributable to noncontrolling interest in Operating Partnership (466) (360) (903) (184)
Net income available to common stockholders $ 66,543 $ 50,284 $ 127,863 $ 25,663
Basic income per share available to common stockholders $ 1.18 $ 0.91 $ 2.29 $ 0.47
Diluted income per share available to common stockholders $ 1.15 $ 0.91 $ 2.17 $ 0.46
Rooms [Member]        
Revenues:        
Total revenues $ 168,492 $ 161,506 $ 329,743 $ 263,099
Operating expenses:        
Total hotel operating expenses 40,272 41,238 82,331 71,374
Food and Beverage [Member]        
Revenues:        
Total revenues 197,908 188,083 413,712 300,199
Operating expenses:        
Total hotel operating expenses 107,026 97,489 222,207 168,818
Hotel, Other [Member]        
Revenues:        
Total revenues 51,285 52,213 98,669 99,615
Operating expenses:        
Total hotel operating expenses 104,590 99,284 207,649 185,927
Management Service [Member]        
Operating expenses:        
Total hotel operating expenses 15,418 11,202 30,613 16,266
Entertainment Segment [Member]        
Revenues:        
Total revenues $ 87,158 $ 68,402 $ 154,438 $ 106,426