CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
ASSETS:
Property and equipment, net	$ 4,926,280	$ 4,124,382
Cash and cash equivalents - unrestricted	420,579	477,694
Cash and cash equivalents - restricted	30,126	98,534
Notes receivable, net	57,933	57,801
Trade receivables, net	131,962	94,184
Deferred income tax assets, net	61,094	70,511
Prepaid expenses and other assets	187,725	178,091
Intangible assets and goodwill, net	294,921	116,376
Total assets	6,110,620	5,217,573
LIABILITIES AND EQUITY:
Debt and finance lease obligations	3,975,213	3,378,396
Accounts payable and accrued liabilities	435,537	466,571
Distributions payable	74,721	71,444
Deferred management rights proceeds	164,442	164,658
Operating lease liabilities	144,493	135,117
Other liabilities	72,483	66,805
Total liabilities	4,866,889	4,282,991
Commitments and contingencies
Noncontrolling interest in Opry Entertainment Group	401,286	381,945
Equity:
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 62,999 and 59,903 shares issued and outstanding, respectively	630	599
Additional paid-in capital	1,734,330	1,475,211
Treasury stock of 713 and 696 shares, at cost	(25,139)	(23,526)
Distributions in excess of retained earnings	(894,236)	(888,132)
Accumulated other comprehensive loss	(15,155)	(15,172)
Total stockholders' equity	800,430	548,980
Noncontrolling interests	42,015	3,657
Total equity	842,445	552,637
Total liabilities and equity	$ 6,110,620	$ 5,217,573