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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax $ 905,809 $ 986,480 $ 912,053
OPERATING EXPENSES      
Advertising and promotion 52,180 51,958 46,979
Repairs and maintenance 35,927 38,308 36,801
Utilities 26,576 27,622 26,357
Costs of Franchised Outlets 18,391 16,876 15,839
Property tax, ground lease and insurance 77,221 78,796 68,979
Other property-level expenses 110,833 120,247 113,336
Corporate overhead 29,050 31,412 35,246
Depreciation and amortization 124,507 127,062 126,396
Impairment of Real Estate     3,466
Total operating expenses 827,217 867,824 816,175
Interest and other income (loss) 13,179 10,535 5,242
Interest expense (50,125) (51,679) (32,005)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal 457 123,820 22,946
Gain (loss) on extinguishment of debt, net 59 9,938 (936)
Income before income taxes 42,162 211,270 91,125
Current income tax benefit (provision), net 1,100 (4,562) (359)
Net Income 43,262 206,708 90,766
(Income) loss from consolidated joint venture attributable to noncontrolling interest     (3,477)
Preferred stock dividends (15,228) (13,988) (14,247)
Income Attributable to Common Stockholders $ 28,034 $ 192,720 $ 73,042
Basic and diluted per share amounts:      
Basic income attributable to common stockholders per common share (in dollars per share) $ 0.14 $ 0.93 $ 0.34
Diluted income attributable to common stockholders per common share (in dollars per share) $ 0.14 $ 0.93 $ 0.34
Basic weighted average common shares outstanding (in shares) 201,739 205,590 212,613
Diluted weighted average common shares outstanding (in shares) 202,642 205,865 212,653
Occupancy [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax $ 559,061 $ 619,277 $ 576,170
OPERATING EXPENSES      
Cost of Goods and Services Sold 146,369 158,002 145,285
Food and Beverage [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 256,222 277,514 240,564
OPERATING EXPENSES      
Cost of Goods and Services Sold 182,840 193,820 174,146
Hotel, Other [Member]      
REVENUES      
Revenue from Contract with Customer, Excluding Assessed Tax 90,526 89,689 95,319
OPERATING EXPENSES      
Cost of Goods and Services Sold $ 23,323 $ 23,721 $ 23,345