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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 55,338 $ 188,886 $ 159,207
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 150,861 144,572 156,501
Asset impairments 60,628 4,706 1,580
Amortization of debt issuance costs and other non-cash interest 5,519 3,351 3,419
Expenses associated with debt repayments and refinancing transactions 7,141 602 1,016
Deferred income taxes 4,945 (1,162) (4,436)
Loss (gain) on sale of real estate assets 13,023 (287)  
Other expenses and non-cash items 13,616 13,320 7,909
Non-cash revenue and other income (7,301) (11,292) (14,509)
Non-cash equity compensation 17,264 17,267 13,132
Changes in assets and liabilities, net:      
Accounts receivable, prepaid expenses and other assets 16,769 (16,938) (19,470)
Accounts payable, accrued expenses and other liabilities 17,727 11,359 18,531
Net cash provided by operating activities 355,530 354,384 322,880
CASH FLOWS FROM INVESTING ACTIVITIES:      
Expenditures for facility development and expansions (27,591) (136,128) (58,239)
Expenditures for other capital improvements (56,196) (57,192) (63,438)
Acquisitions, net of cash acquired (8,849) (48,396) (175,588)
Net proceeds from sale of assets 113,602 4,295 12,911
Increase in other assets (7,998) (7,168) (6,703)
Net cash provided by (used in) investing activities 12,968 (244,589) (291,057)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of debt and borrowings from credit facility 374,000 1,146,691 809,831
Scheduled principal repayments (32,254) (14,121) (7,816)
Principal repayments of credit facility (520,000) (648,000) (603,500)
Defeasance of non-recourse mortgage notes (51,311)    
Satisfaction and discharge of senior notes   (325,000)  
Payment of debt defeasance, issuance and other refinancing and related costs (11,162) (4,296) (6,087)
Payment of lease obligations for financing leases (543) (538) (3,744)
Contingent consideration for acquisition of businesses   (7,398) (1,500)
Proceeds from exercise of stock options   876 2,367
Proceeds from sale/leaseback     7,783
Purchase and retirement of common stock (3,575) (3,531) (3,005)
Dividends paid (105,978) (209,522) (204,198)
Net cash used in financing activities (350,823) (64,839) (9,869)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 17,675 44,956 21,954
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 119,093 74,137 52,183
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 136,768 119,093 74,137
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Debt assumed on acquisition of property 52,217   157,280
Establishment of right of use assets and lease liabilities 116,263 137,946  
Cash paid during the period for:      
Interest (net of amounts capitalized of $0.5 million, $6.0 million, and $1.0 million in 2020, 2019, and 2018, respectively) 88,132 85,698 71,787
Income taxes paid $ 1,322 $ 16,437 $ 13,303