XML 63 R50.htm IDEA: XBRL DOCUMENT v3.24.2.u1
DEBT - Derivative Financial Instruments (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Mar. 28, 2024
Dec. 31, 2023
Jul. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]                
Interest expense   $ 56,577 $ 49,179 $ 117,020 $ 91,707      
Cash Flow Hedging [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of Gain (Loss) Recognized in OCI on Derivatives   351 2,477 2,326 1,467      
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense)   202 4,888 749 10,156      
Cash Flow Hedging [Member] | Interest Expense [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Estimated reclassification from AOCI to interest expense       400        
Interest Rate Swap [Member] | Cash Flow Hedging [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Estimated Fair Value Asset (Liability) Balance   255   255     $ (1,322)  
Amount of Gain (Loss) Recognized in OCI on Derivatives   351 2,477 2,326 1,467      
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense)       749 $ 10,156      
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Interest Expense [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Proceed from swap recorded as reduction in interest expense $ 200              
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense)   202 $ 4,888          
$500 Million Term Loan B [Member] | Secured Debt [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Face amount   $ 295,000   $ 295,000        
$800M Gaylord Rockies Term Loan [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Strike rate   5.2105%   5.2105%        
$800M Gaylord Rockies Term Loan [Member] | Interest Rate Swap [Member] | Derivative Instrument Gaylord Rockies Term Loan Maturing On July 2 2024 [Member] | Cash Flow Hedging [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Strike rate   5.2105%   5.2105%        
Investment, Variable Interest Rate, Type [Extensible Enumeration]   Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]   Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]     Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]  
Derivative, maturity date       Jul. 02, 2024        
Notional amount   $ 800,000   $ 800,000        
Estimated Fair Value Asset (Liability) Balance             $ (474)  
$800M Gaylord Rockies Term Loan [Member] | Secured Debt [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Face amount   $ 800,000   $ 800,000   $ 800,000   $ 800,000
$300 Million OEG Term Loan [Member] | Interest Rate Swap [Member] | Derivative Instrument OEG Term Loan Maturing on December 18, 2025 [Member] | Cash Flow Hedging [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Strike rate   4.533%   4.533%        
Investment, Variable Interest Rate, Type [Extensible Enumeration]   Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]   Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]     Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]  
Derivative, maturity date       Dec. 18, 2025        
Notional amount   $ 100,000   $ 100,000        
Estimated Fair Value Asset (Liability) Balance   255   255     $ (848)  
$300 Million OEG Term Loan [Member] | Secured Debt [Member]                
Derivative Instruments, Gain (Loss) [Line Items]                
Face amount   $ 300,000   $ 300,000