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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 528,511 $ 467,755 $ 1,525,073 $ 1,237,094
Operating expenses:        
Total hotel operating expenses 302,009 259,184 844,809 701,569
Entertainment 56,222 54,148 164,744 131,549
Corporate 10,103 9,449 30,582 31,423
Preopening costs 168   425 525
Loss on sale of assets       469
Depreciation and amortization 58,086 47,969 154,700 160,712
Total operating expenses 426,588 370,750 1,195,260 1,026,247
Operating income 101,923 97,005 329,813 210,847
Interest expense (58,521) (40,092) (150,228) (105,987)
Interest income 6,112 1,378 13,977 4,138
Loss on extinguishment of debt     (2,252) (1,547)
Loss from unconsolidated joint ventures (12,566) (2,720) (17,525) (8,348)
Other gains and (losses), net 5,993 2,058 5,470 2,222
Income before income taxes 42,941 57,629 179,255 101,325
Provision for income taxes (2,156) (10,178) (7,333) (27,747)
Net income 40,785 47,451 171,922 73,578
Net (income) loss attributable to noncontrolling interest in consolidated joint venture 715 (1,887) (1,656) (2,167)
Net income attributable to noncontrolling interest in Operating Partnership (273) (323) (1,176) (507)
Net income available to common stockholders $ 41,227 $ 45,241 $ 169,090 $ 70,904
Basic income per share available to common stockholders $ 0.69 $ 0.82 $ 2.96 $ 1.29
Diluted income per share available to common stockholders $ 0.64 $ 0.79 $ 2.78 $ 1.28
Rooms [Member]        
Revenues:        
Total revenues $ 180,309 $ 154,940 $ 510,052 $ 418,039
Operating expenses:        
Total hotel operating expenses 45,879 41,366 128,210 112,740
Food and Beverage [Member]        
Revenues:        
Total revenues 202,850 186,188 616,562 486,387
Operating expenses:        
Total hotel operating expenses 117,435 103,221 339,642 272,039
Hotel, Other [Member]        
Revenues:        
Total revenues 63,039 49,474 161,708 149,089
Operating expenses:        
Total hotel operating expenses 122,748 103,321 330,397 289,248
Management Service [Member]        
Operating expenses:        
Total hotel operating expenses 15,947 11,276 46,560 27,542
Entertainment Segment [Member]        
Revenues:        
Total revenues $ 82,313 $ 77,153 $ 236,751 $ 183,579