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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total revenues $ 50,067 $ 240,279 $ 240,441 $ 700,572
Operating Expenses:        
Depreciation and amortization 28,514 29,474 87,397 87,805
Corporate expenses 7,267 6,318 19,650 20,785
Business interruption insurance income 0 0 0 (8,822)
Total operating expenses, net 111,870 211,033 390,285 608,878
Interest and other (income) expense, net (191) (102) 58 (510)
Interest expense 10,818 14,184 43,665 38,264
Loss on early extinguishment of debt 0 2,373 0 2,373
Total other expenses, net 10,627 16,455 43,723 40,127
(Loss) income before income taxes (72,430) 12,791 (193,567) 51,567
Income tax (expense) benefit (7,205) (1,217) 5,853 (1,939)
Net (loss) income (79,635) 11,574 (187,714) 49,628
Less: Net loss (income) attributable to noncontrolling interests 43 (45) 781 (194)
Net (loss) income attributable to the Company (79,592) 11,529 (186,933) 49,434
Distributions to preferred stockholders (845) 0 (845) 0
Net (loss) income available to common stockholders $ (80,437) $ 11,529 $ (187,778) $ 49,434
(Loss) earnings per share:        
Net (loss) income per share available to common stockholders - basic (in dollars per share) $ (0.40) $ 0.06 $ (0.93) $ 0.24
Net (loss) income per share available to common stockholders - diluted (in dollars per share) $ (0.40) $ 0.06 $ (0.93) $ 0.24
Rooms        
Revenues:        
Total revenues $ 33,166 $ 174,113 $ 158,066 $ 492,395
Operating Expenses:        
Operating expenses 11,792 42,840 54,588 124,581
Food and beverage        
Revenues:        
Total revenues 9,586 50,624 56,529 161,803
Operating Expenses:        
Operating expenses 10,043 34,262 45,845 103,868
Other        
Revenues:        
Total revenues 7,315 15,542 25,846 46,374
Operating Expenses:        
Operating expenses 53,196 85,157 171,759 241,955
Management fees        
Operating Expenses:        
Operating expenses (755) 6,088 2,644 18,745
Franchise fees        
Operating Expenses:        
Operating expenses $ 1,813 $ 6,894 $ 8,402 $ 19,961