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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES        
Revenues $ 251,280 $ 117,210 $ 423,595 $ 167,843
OPERATING EXPENSES        
Advertising and promotion 11,621 7,042 22,095 11,917
Repairs and maintenance 8,273 7,132 17,987 12,677
Utilities 6,239 4,683 11,944 8,834
Franchise costs 4,280 2,296 7,284 3,287
Property tax, ground lease and insurance 17,455 15,632 33,446 30,293
Other property-level expenses 30,391 16,067 54,301 26,544
Corporate overhead 8,717 9,467 19,431 16,644
Depreciation and amortization 30,893 32,729 62,253 63,499
Total operating expenses 207,759 137,149 386,847 235,220
Interest and other income (loss) 116 21 4,496 (358)
Interest expense (5,938) (8,065) (11,019) (15,714)
Gain on sale of assets     22,946  
Gain (loss) on extinguishment of debt 21 88 (192) 310
Income (loss) before income taxes 37,720 (27,895) 52,979 (83,139)
Income tax provision, net (28) (23) (164) (66)
NET INCOME (LOSS) 37,692 (27,918) 52,815 (83,205)
(Income) loss from consolidated joint venture attributable to noncontrolling interest (2,343) 596 (3,477) 2,571
Preferred stock dividends and redemption charge (3,773) (7,795) (7,546) (11,002)
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 31,576 $ (35,117) $ 41,792 $ (91,636)
Basic and diluted per share amounts:        
Basic income (loss) attributable to common stockholders per common share (in dollars per share) $ 0.15 $ (0.16) $ 0.19 $ (0.43)
Diluted income (loss) attributable to common stockholders per common share (in dollars per share) $ 0.15 $ (0.16) $ 0.19 $ (0.43)
Basic weighted average common shares outstanding (in shares) 213,183 215,113 215,216 214,778
Diluted weighted average common shares outstanding (in shares) 213,183 215,113 215,216 214,778
Room        
REVENUES        
Revenues $ 161,721 $ 84,597 $ 270,493 $ 118,816
OPERATING EXPENSES        
Expenses 37,342 22,946 67,803 34,586
Food and beverage        
REVENUES        
Revenues 71,658 15,238 111,241 20,209
OPERATING EXPENSES        
Expenses 46,459 15,669 78,778 21,648
Other operating        
REVENUES        
Revenues 17,901 17,375 41,861 28,818
OPERATING EXPENSES        
Expenses $ 6,089 $ 3,486 $ 11,525 $ 5,291