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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
Revenues $ 50,633 $ 191,212
OPERATING EXPENSES    
Advertising and promotion 4,875 12,462
Repairs and maintenance 5,545 10,049
Utilities 4,151 5,842
Franchise costs 991 5,336
Property tax, ground lease and insurance 14,661 20,051
Other property-level expenses 10,477 28,845
Corporate overhead 7,177 7,394
Depreciation and amortization 30,770 36,746
Impairment losses   115,366
Total operating expenses 98,071 331,860
Interest and other income (loss) (379) 2,306
Interest expense (7,649) (17,507)
Gain on extinguishment of debt 222  
Loss before income taxes (55,244) (155,849)
Income tax provision, net (43) (6,670)
NET LOSS (55,287) (162,519)
Loss from consolidated joint venture attributable to noncontrolling interest 1,975 458
Preferred stock dividends (3,207) (3,207)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (56,519) $ (165,268)
Basic and diluted per share amounts:    
Basic and diluted loss attributable to common stockholders per common share (in dollars per share) $ (0.26) $ (0.75)
Basic and diluted weighted average common shares outstanding (in shares) 214,438 221,036
Room    
REVENUES    
Revenues $ 34,219 $ 127,400
OPERATING EXPENSES    
Expenses 11,640 44,245
Food and beverage    
REVENUES    
Revenues 4,971 47,990
OPERATING EXPENSES    
Expenses 5,979 41,760
Other operating    
REVENUES    
Revenues 11,443 15,822
OPERATING EXPENSES    
Expenses $ 1,805 $ 3,764