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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenue $ 938,091 $ 863,704 $ 870,005
Operating Expenses:      
Depreciation and amortization 118,110 104,524 99,090
Impairment losses 0 0 3,209
Hotel acquisition costs 0 0 2,028
Corporate expenses 28,231 28,563 26,711
Business interruption insurance income (8,822) (19,379) (4,051)
Gain on property insurance settlement (144,192) (1,724) 0
Total operating expenses, net 684,092 733,643 730,222
Interest and other income, net (1,197) (1,806) (1,820)
Interest expense 46,584 40,970 38,481
Loss on sales of hotel properties, net 0 0 764
Loss on early extinguishment of debt 2,373 0 274
Total other expenses, net 47,760 39,164 37,699
Income before income taxes 206,239 90,897 102,084
Income tax expense (22,028) (3,101) (10,207)
Net income 184,211 87,796 91,877
Less: Net income attributable to noncontrolling interests (724) (12) 0
Net income attributable to common stockholders $ 183,487 $ 87,784 $ 91,877
Earnings per share:      
Net income per share available to common stockholders - basic (in dollars per share) $ 0.91 $ 0.43 $ 0.46
Net income per share available to common stockholders - diluted (in dollars per share) $ 0.90 $ 0.43 $ 0.46
Weighted-average number of common shares outstanding:      
Basic (in shares) 202,009,750 205,462,911 200,784,450
Diluted (in shares) 202,741,630 206,131,150 201,521,468
Rooms      
Revenues:      
Total revenue $ 661,153 $ 631,048 $ 635,932
Operating Expenses:      
Operating expenses 166,937 158,078 158,534
Food and beverage      
Revenues:      
Total revenue 215,261 184,097 183,049
Operating Expenses:      
Operating expenses 137,916 118,709 120,460
Other      
Revenues:      
Total revenue 61,677 48,559 51,024
Operating Expenses:      
Operating expenses 333,505 296,535 278,302
Management fees      
Operating Expenses:      
Operating expenses 25,475 22,159 21,969
Franchise fees      
Operating Expenses:      
Operating expenses $ 26,932 $ 26,178 $ 23,970