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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 2,339,226 $ 2,158,136 $ 1,805,969
Operating expenses:      
Total hotel operating expenses 1,324,752 1,225,465 1,037,675
Entertainment 241,847 223,663 188,545
Corporate 41,819 42,789 42,982
Preopening costs 4,618 1,308 532
(Gain) loss on sale of assets (270)   469
Depreciation and amortization 235,626 211,227 208,616
Total operating expenses 1,848,392 1,704,452 1,478,819
Operating income 490,834 453,684 327,150
Interest expense (225,395) (211,370) (148,406)
Interest income 27,977 21,423 5,750
Loss on extinguishment of debt (2,479) (2,252) (1,547)
Income (loss) from unconsolidated joint ventures 275 (17,308) (10,967)
Other gains and (losses), net 2,814 3,921 1,743
Income before income taxes 294,026 248,098 173,723
(Provision) benefit for income taxes (13,836) 93,702 (38,775)
Net income 280,190 341,800 134,948
Net income attributable to noncontrolling interest in consolidated joint venture (6,760) (28,465) (5,032)
Net income attributable to noncontrolling interest in Operating Partnership (1,792) (2,118) (923)
Net income available to common stockholders $ 271,638 $ 311,217 $ 128,993
Basic income per share available to common stockholders $ 4.54 $ 5.39 $ 2.34
Diluted income per share available to common stockholders $ 4.38 $ 5.36 $ 2.33
Rooms [Member]      
Revenues:      
Total revenues $ 744,587 $ 701,138 $ 595,544
Operating expenses:      
Total hotel operating expenses 179,358 173,749 155,817
Food and Beverage [Member]      
Revenues:      
Total revenues 940,827 831,796 667,009
Operating expenses:      
Total hotel operating expenses 516,309 465,963 381,142
Hotel, Other [Member]      
Revenues:      
Total revenues 311,636 300,544 275,421
Operating expenses:      
Total hotel operating expenses 555,554 519,328 457,291
Management Service [Member]      
Operating expenses:      
Total hotel operating expenses 73,531 66,425 43,425
Entertainment Segment [Member]      
Revenues:      
Total revenues $ 342,176 $ 324,658 $ 267,995