XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
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
REVENUE $ 483,705 $ 464,211 $ 1,405,389 $ 1,373,896
EXPENSES:        
Operating 377,323 368,194 1,093,868 1,061,823
General and administrative 33,927 30,194 99,218 92,808
Depreciation and amortization 32,526 31,931 95,183 96,218
Shareholder litigation expense 0 0 0 1,900
Asset impairments 2,710 3,513 2,710 3,513
Costs and Expenses, Total 446,486 433,832 1,290,979 1,256,262
OTHER INCOME (EXPENSE):        
Interest expense, net (17,886) (20,793) (55,305) (65,381)
Expenses associated with debt repayments and refinancing transactions (100) (783) (326) (7,588)
Gain on sale of real estate assets, net 368 83,828 343 87,149
Other income (expense) (74) (71) (43) 934
INCOME BEFORE INCOME TAXES 19,527 92,560 59,079 132,748
Income tax expense (5,635) (24,242) (17,957) (34,865)
NET INCOME $ 13,892 $ 68,318 $ 41,122 $ 97,883
BASIC EARNINGS PER SHARE $ 0.12 $ 0.59 $ 0.36 $ 0.82
DILUTED EARNINGS PER SHARE $ 0.12 $ 0.58 $ 0.36 $ 0.82