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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Revenue $ 598,656 $ 606,059 $ 621,075
Operating expenses      
Management fees 16,531 16,757 23,643
Other property-level operating expenses 245,609 240,509 242,925
Transaction related costs 780 64 498
General and administrative 20,762 19,831 18,889
Depreciation and amortization 109,586 111,730 105,237
Impairment of goodwill and long-lived assets 115,522 29,796 32,689
Rent 6,606 6,716 6,569
Total operating expenses 679,424 590,504 594,422
Gain (loss) on sale of assets, net 4,807 (188) 99
Operating (loss) income (75,961) 15,367 26,752
Interest expense (92,681) (106,199) (98,865)
Other income (loss), net 1,729 1,986 (1,359)
Equity in earnings of unconsolidated entities 314 187 403
Total other expenses, net (90,638) (104,026) (99,821)
Loss before taxes (166,599) (88,659) (73,069)
Income tax benefit (3,138) (2,606) (1,926)
Net loss and comprehensive loss (163,461) (86,053) (71,143)
Less: Net (loss) income attributable to non-controlling interest (42) 85 244
Net loss before dividends and accretion (163,419) (86,138) (71,387)
Deemed dividend related to beneficial conversion feature of Class C Units (4,535)
Dividends on Class C Units (cash and PIK) (46,286) (20,830) (13,103)
Accretion of Class C Units (4,798) (2,581) (1,668)
Net loss attributable to common stockholders $ (214,503) $ (109,549) $ (90,693)
Basic and Diluted net loss attributable to common stockholders per common share (in dollars per share) $ (5.48) $ (2.78) $ (2.30)
Basic and Diluted weighted average shares of common stock outstanding (in shares) 39,133,630 39,416,947 39,411,677
Rooms [Member]      
Revenues      
Revenue $ 563,335 $ 572,415 $ 588,308
Operating expenses      
Cost of services 147,458 148,630 147,814
Food and Beverage [Member]      
Revenues      
Revenue 19,797 19,571 19,811
Operating expenses      
Cost of services 16,570 16,471 16,158
Product and Service, Other [Member]      
Revenues      
Revenue $ 15,524 $ 14,073 $ 12,956