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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rooms $ 137,832 $ 149,443
Food and beverage 44,778 50,374
Other 13,600 13,217
Total revenues 196,210 213,034
Operating Expenses:    
Rooms 36,901 38,714
Food and beverage 29,466 33,350
Management fees 6,012 6,609
Other hotel expenses 71,659 78,929
Depreciation and amortization 24,363 25,121
Hotel acquisition costs 2,251 0
Corporate expenses 6,262 6,000
Total operating expenses, net 176,914 188,723
Operating profit 19,296 24,311
Interest and other income, net (359) (50)
Interest expense 9,513 11,664
Total other expenses, net 9,154 11,614
Income before income taxes 10,142 12,697
Income tax (expense) benefit (1,255) 4,081
Net income $ 8,887 $ 16,778
Earnings per share:    
Basic earnings per share (in dollars per share) $ 0.04 $ 0.08
Diluted earnings per share (in dollars per share) $ 0.04 $ 0.08