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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues [Abstract]        
Revenue $ 158,977 $ 163,285 $ 292,714 $ 298,310
Expenses        
Depreciation and amortization 18,782 19,105 37,419 38,313
Air rights contract amortization 130 130 260 260
Corporate general and administrative 4,490 4,725 9,359 10,103
Costs related to the Park merger 4,400 0 4,400 0
Total operating expenses 130,220 127,970 250,402 249,972
Interest income 234 38 490 38
Interest expense (8,039) (8,914) (16,039) (17,758)
Income before income taxes 20,952 26,439 26,763 30,618
Income tax expense (2,711) (2,629) (271) (259)
Net income $ 18,241 $ 23,810 $ 26,492 $ 30,359
Net income available per common share - basic $ 0.31 $ 0.40 $ 0.44 $ 0.51
Net income available per common share - diluted $ 0.30 $ 0.40 $ 0.44 $ 0.50
Rooms [Member]        
Revenues [Abstract]        
Revenue $ 120,652 $ 125,517 $ 219,734 $ 226,130
Expenses        
Hotel operating expenses 27,366 27,472 52,216 52,758
Food and beverage [Member]        
Revenues [Abstract]        
Revenue 30,156 30,561 57,621 58,194
Expenses        
Hotel operating expenses 21,386 21,790 41,845 42,849
Other [Member]        
Revenues [Abstract]        
Revenue 8,169 7,207 15,359 13,986
Expenses        
Hotel operating expenses 1,257 1,204 2,344 2,352
Indirect hotel operating expenses [Member]        
Expenses        
Hotel operating expenses 52,409 53,544 102,559 103,337
Total hotel operating expenses [Member]        
Expenses        
Hotel operating expenses $ 102,418 $ 104,010 $ 198,964 $ 201,296