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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income (loss) $ (27) $ (15)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 46 40
Amortization of deferred costs and other assets 4 3
Equity-based compensation expense 2 3
Deferred tax benefit   (2)
Other, net   (2)
Changes in assets and liabilities:    
Accounts receivable (4) (2)
Other assets 7 (3)
Accounts payable and accrued expenses (1) (14)
Other liabilities 3  
Net cash provided by operating activities 30 8
Cash flows from investing activities:    
Capital expenditures, primarily investments in existing real estate (22) (40)
Insurance proceeds related to real estate casualties 2 4
Proceeds from sale of real estate 5 4
Net cash used in investing activities (15) (32)
Cash flows from financing activities:    
Repayment of debt (4) (4)
Dividends on common stock (12)  
Purchase of common stock (6)  
Net cash used in financing activities (22) (4)
Decrease in cash and cash equivalents (7) (28)
Cash and cash equivalents at the beginning of the period 68 141
Cash and cash equivalents at the end of the period $ 61 $ 113