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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 67,590 $ 122,320 $ (51,896)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 127,316 127,906 134,738
Asset impairments 2,710 4,392 11,378
Amortization of debt issuance costs and other non-cash interest 4,446 5,643 7,345
Expenses associated with debt repayments and refinancing transactions 686 8,077 56,279
Deferred income taxes (2,703) 11,461 99,270
Gain on sale of real estate assets (798) (87,728) (38,766)
Other expenses and non-cash items 6,294 7,337 5,830
Non-cash revenue and other income (2,783) (3,998) (718)
Non-cash equity compensation 20,760 17,568 18,733
Changes in assets and liabilities, net:      
Accounts receivable, prepaid expenses and other assets 6,704 (35,172) (10,628)
Accounts payable, accrued expenses and other liabilities 1,679 (24,223) 31,666
Net cash provided by operating activities 231,901 153,583 263,231
CASH FLOWS FROM INVESTING ACTIVITIES:      
Expenditures for facility development and expansions (4,886) (23,119) (18,612)
Expenditures for other capital improvements (65,369) (58,277) (62,272)
Net proceeds from sale of assets 11,068 157,680 320,754
Other investing activities 313 (3,246) (1,447)
Net cash provided by (used in) investing activities (58,874) 73,038 238,423
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of debt and borrowings from credit facility 250,000 100,000 740,563
Scheduled principal repayments (9,895) (15,064) (35,305)
Principal repayments of credit facility (125,000) 0 (284,000)
Repayment of non-recourse mortgage notes 0 0 (161,930)
Other repayments of debt (272,936) (372,346) (516,350)
Payment of debt defeasance, issuance and other refinancing and related costs (4,632) (6,402) (64,987)
Payment of lease obligations for financing leases (595) (578) (559)
Contingent consideration for acquisition of businesses 0 0 (1,000)
Purchase and retirement of common stock (43,047) (79,887) (1,639)
Dividends paid (131) (886) (2,508)
Net cash used in financing activities (206,236) (375,163) (327,715)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (33,209) (148,542) 173,939
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 162,165 310,707 136,768
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 128,956 162,165 310,707
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Establishment of right of use assets and lease liabilities 2,551 2,096 1,483
Distributions to non-controlling interest 0 0 5,897
Cash paid during the period for:      
Interest (net of amounts capitalized of $1.0 million, and $0.4 million in 2022 and 2021, respectively) 81,765 90,815 80,587
Income taxes paid $ 25,888 $ 28,286 $ 36,477