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Condensed Consolidated and Combined Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Total revenues $ 16,069 $ 14,511
EXPENSES    
Operating costs 8,079 8,563
General and administrative 9,782 16,554
Depreciation and amortization 8,091 8,074
Total expenses 48,771 45,840
OTHER    
Other income, net   8
Total other   8
Operating loss (32,702) (31,321)
Interest income (expense) 994 (2,546)
Equity in earnings (losses) from unconsolidated ventures 170 (10,211)
Loss before income taxes (31,538) (44,078)
Income tax expense (benefit) 0 0
Net loss (31,538) (44,078)
Preferred distributions to noncontrolling interest in subsidiary (350)  
Net loss attributable to common stockholders $ (31,888) $ (44,078)
Total weighted average shares    
Basic (in shares) 12,694 5,522
Diluted (in shares) 12,694 5,522
Net loss per share attributable to common stockholders    
Basic (in dollars per share) $ (2.51) $ (7.98)
Diluted (in dollars per share) $ (2.51) $ (7.98)
Hospitality revenue    
REVENUES    
Total revenues $ 7,735 $ 4,077
EXPENSES    
Cost of revenue 15,742 6,268
Entertainment    
REVENUES    
Total revenues 4,209 3,564
EXPENSES    
Cost of revenue 7,077 6,381
Rental revenue    
REVENUES    
Total revenues 3,789 6,537
Other revenue    
REVENUES    
Total revenues $ 336 $ 333