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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES        
Revenues $ 117,210 $ 10,424 $ 167,843 $ 201,636
OPERATING EXPENSES        
Advertising and promotion 7,042 4,090 11,917 16,552
Repairs and maintenance 7,132 5,375 12,677 15,424
Utilities 4,683 3,226 8,834 9,068
Franchise costs 2,296 338 3,287 5,674
Property tax, ground lease and insurance 15,632 19,124 30,293 39,175
Other property-level expenses 16,067 8,736 26,544 37,581
Corporate overhead 9,467 8,438 16,644 15,832
Depreciation and amortization 32,729 34,539 63,499 71,285
Impairment losses   18,100   133,466
Total operating expenses 137,149 115,292 235,220 447,152
Interest and other income (loss) 21 306 (358) 2,612
Interest expense (8,065) (12,950) (15,714) (30,457)
Gain on extinguishment of debt 88   310  
Loss before income taxes (27,895) (117,512) (83,139) (273,361)
Income tax (provision) benefit, net (23) 12 (66) (6,658)
NET LOSS (27,918) (117,500) (83,205) (280,019)
Loss from consolidated joint venture attributable to noncontrolling interest 596 2,162 2,571 2,620
Preferred stock dividends and redemption charge (7,795) (3,207) (11,002) (6,414)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (35,117) $ (118,545) $ (91,636) $ (283,813)
Basic and diluted per share amounts:        
Basic and diluted loss attributable to common stockholders per common share (in dollars per share) $ (0.16) $ (0.55) $ (0.43) $ (1.30)
Basic and diluted weighted average common shares outstanding (in shares) 215,113 214,225 214,778 217,631
Room        
REVENUES        
Revenues $ 84,597 $ 3,869 $ 118,816 $ 131,269
OPERATING EXPENSES        
Expenses 22,946 7,077 34,586 51,322
Food and beverage        
REVENUES        
Revenues 15,238 213 20,209 48,203
OPERATING EXPENSES        
Expenses 15,669 5,025 21,648 46,785
Other operating        
REVENUES        
Revenues 17,375 6,342 28,818 22,164
OPERATING EXPENSES        
Expenses $ 3,486 $ 1,224 $ 5,291 $ 4,988