SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data Disclosure [Abstract]

Selected quarterly financial data

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(In thousands, except per share data)
2012
Total revenues(1)	$	1,037,247	$	1,326,759	$	1,706,310	$	1,190,640
Gross profit	743,288		1,004,142		1,396,501		939,750
Net income	181,816		352,654		599,973		289,595
Net income applicable to common stockholders	181,970		352,347		596,586		288,663
Net income applicable to common stockholders per basic common share	$	3.65	$	7.07	$	11.97	$	5.79
Net income applicable to common stockholders per diluted common share	$	3.54	$	6.88	$	11.66	$	5.63

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	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(In thousands, except per share data)
2011
Total revenues(1)	$	809,320	$	1,102,716	$	1,452,804	$	990,770
Gross profit	505,808		749,227		1,100,148		724,697
Net income	104,013		256,277		472,886		225,955
Net income applicable to common stockholders	104,790		256,368		469,499		225,715
Net income applicable to common stockholders per basic common share	$	2.12	$	5.16	$	9.43	$	4.53
Net income applicable to common stockholders per diluted common share	$	2.05	$	5.02	$	9.17	$	4.41

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(1) As the Company's retail hotel business, which recognizes revenue at the completion of the stay, continues to expand, our quarterly results become increasingly impacted by seasonal factors.