XML 83 R72.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
segment
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
segment
Jun. 30, 2018
USD ($)
Jan. 01, 2019
USD ($)
Segment Reporting Information [Line Items]            
Number of reportable segments | segment       4    
Revenues:            
Revenues $ 1,323,094   $ 826,913 $ 2,605,665 $ 1,642,998  
Adjusted EBITDAR:            
Adjusted EBITDAR 406,457   247,106 797,894 489,652  
Rent expense associated with triple net operating lease (90,025)   0 (174,755) 0  
Stock-based compensation (3,247)   (3,003) (6,664) (5,932)  
Cash-settled stock-based awards variance 3,436   (7,800) 2,964 (338)  
Gain (loss) on disposal of assets (371)   52 (893) (3)  
Contingent purchase price (1,040)   (202) (5,757) (1,337)  
Pre-opening and acquisition costs (3,700)   (5,879) (8,080) (11,972)  
Depreciation and amortization (106,020)   (58,559) (210,073) (118,949)  
Recoveries on loan loss and unfunded loan commitments, net of impairment losses 0   16,985 0 16,367  
Insurance recoveries, net of deductible charges 0   68 0 68  
Non-operating items for Kansas JV (855)   (1,279) (1,928) (2,572)  
Interest expense (135,039)   (115,873) (267,626) (231,613)  
Interest income 257   241 576 490  
Loss on early extinguishment of debt 0   (2,579) 0 (3,461)  
Other 43   (48) 43 (44)  
Income before income taxes 69,896   69,230 125,701 130,356  
Income tax expense (18,539)   (15,242) (33,357) (30,931)  
Net income 51,357   53,988 92,344 99,425  
Capital expenditures:            
Capital expenditures 57,364   21,145 95,030 32,958  
Assets:            
Investment in and advances to unconsolidated affiliates 127,219 $ 128,488   127,219    
Total assets 14,209,225 $ 10,961,012   14,209,225   $ 13,424,830
South/West segment            
Segment Reporting Information [Line Items]            
Number of new reportable segments from division of segment | segment   2        
Operating segments | Northeast segment            
Revenues:            
Revenues 599,086   465,285 1,149,664 924,004  
Adjusted EBITDAR:            
Adjusted EBITDAR 186,190   148,394 350,944 293,371  
Capital expenditures:            
Capital expenditures 31,781   8,489 44,466 12,701  
Assets:            
Investment in and advances to unconsolidated affiliates 143 $ 105   143    
Total assets 2,315,457 1,330,256   2,315,457    
Operating segments | South segment            
Revenues:            
Revenues 282,188   62,618 574,130 125,948  
Adjusted EBITDAR:            
Adjusted EBITDAR 92,761   20,545 190,605 41,663  
Capital expenditures:            
Capital expenditures 7,698   2,814 16,570 3,496  
Assets:            
Investment in and advances to unconsolidated affiliates 0 0   0    
Total assets 1,443,203 1,082,304   1,443,203    
Operating segments | West segment            
Revenues:            
Revenues 164,250   100,751 322,904 198,717  
Adjusted EBITDAR:            
Adjusted EBITDAR 50,460   26,103 100,383 50,034  
Capital expenditures:            
Capital expenditures 7,065   2,510 14,092 5,240  
Assets:            
Investment in and advances to unconsolidated affiliates 0 0   0    
Total assets 750,615 755,665   750,615    
Operating segments | Midwest segment            
Revenues:            
Revenues 268,160   188,162 539,422 373,696  
Adjusted EBITDAR:            
Adjusted EBITDAR 97,793   67,543 197,012 135,728  
Capital expenditures:            
Capital expenditures 9,344   5,144 16,383 8,151  
Assets:            
Investment in and advances to unconsolidated affiliates 88,561 89,350   88,561    
Total assets 1,482,103 1,411,468   1,482,103    
Other            
Revenues:            
Revenues 9,410   10,097 19,545 20,633  
Adjusted EBITDAR:            
Adjusted EBITDAR (20,747)   (15,479) (41,050) (31,144)  
Capital expenditures:            
Capital expenditures 1,476   $ 2,188 3,519 $ 3,370  
Assets:            
Investment in and advances to unconsolidated affiliates 38,515 39,033   38,515    
Total assets $ 8,217,847 $ 6,381,319   $ 8,217,847