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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
Revenue from Contract with Customer, Excluding Assessed Tax $ 229,323 $ 226,392 $ 723,160 $ 691,039
OPERATING EXPENSES        
Advertising and promotion 13,420 13,220 40,758 38,326
Repairs and maintenance 9,954 9,094 29,514 26,783
Utilities 7,832 7,670 21,624 19,909
Costs of Franchised Outlets 4,471 4,711 13,773 13,735
Property tax, ground lease and insurance 19,574 19,777 57,425 58,686
Other property-level expenses 26,926 26,702 88,184 82,445
Corporate overhead 6,970 7,577 24,221 23,263
Depreciation and amortization 33,928 31,689 100,328 91,841
Total operating expenses 217,432 209,994 664,372 621,833
Interest and other income (loss) 3,160 2,350 7,024 11,306
Interest expense (13,412) (15,982) (39,258) (39,685)
(Loss) gain on sale of assets     (8,751) 457
(Loss) gain on extinguishment of debt, net (180)   (180) 59
Income before income taxes 1,459 2,766 17,623 41,343
Current income tax (provision) benefit, net (137) 483 (272) 1,083
Net Income 1,322 3,249 17,351 42,426
Preferred stock dividends (4,262) (3,931) (12,125) (11,297)
(Loss) income attributable to common stockholders $ (2,940) $ (682) $ 5,226 $ 31,129
Basic and diluted per share amounts:        
Basic (loss) income attributable to common stockholders per common share (in dollars per share) $ (0.02) $ 0 $ 0.03 $ 0.15
Diluted (loss) income attributable to common stockholders per share (in dollars per share) $ (0.02) $ 0 $ 0.03 $ 0.15
Basic weighted average common shares outstanding (in shares) 189,253 201,402 195,110 202,261
Diluted weighted average common shares outstanding (in shares) 189,253 201,402 195,866 202,857
Occupancy [Member]        
REVENUES        
Revenue from Contract with Customer, Excluding Assessed Tax $ 139,523 $ 138,759 $ 440,492 $ 425,870
OPERATING EXPENSES        
Cost of Goods and Services Sold 39,303 37,453 119,272 110,349
Food and Beverage [Member]        
REVENUES        
Revenue from Contract with Customer, Excluding Assessed Tax 64,419 63,866 209,573 196,572
OPERATING EXPENSES        
Cost of Goods and Services Sold 48,717 46,286 150,566 138,343
Hotel, Other [Member]        
REVENUES        
Revenue from Contract with Customer, Excluding Assessed Tax 25,381 23,767 73,095 68,597
OPERATING EXPENSES        
Cost of Goods and Services Sold $ 6,337 $ 5,815 $ 18,707 $ 18,153