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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Hotel operating revenues $ 297,406 $ 168,953
Rental income 96,358 92,217
Total revenues 393,764 261,170
Expenses:    
Hotel operating expenses 290,343 195,352
Other operating expenses 2,269 3,417
Depreciation and amortization 104,113 124,368
General and administrative 11,989 12,657
Transaction related costs  1,177 19,635
Loss on asset impairment, net 5,500 1,211
Total expenses 415,391 356,640
Other operating income:    
Gain (loss) on sale of real estate, net 5,548 (9)
Unrealized losses on equity securities, net (10,260) (6,481)
Interest income 273 57
Interest expense (including amortization of debt issuance costs and debt discounts and premiums of $5,913 and $4,355, respectively) (92,344) (89,391)
Loss before income taxes and equity in losses of an investee (118,410) (191,294)
Income tax expense (695) (853)
Equity in losses of an investee (717) (2,843)
Net income (loss) (119,822) (194,990)
Other comprehensive income:    
Equity interest in investee’s unrealized gains 4 0
Other comprehensive income 4 0
Comprehensive loss $ (119,818) $ (194,990)
Weighted average common shares outstanding (basic) (in shares) 164,667 164,498
Weighted average common shares outstanding (diluted) (in shares) 164,667 164,498
Net loss per common share (diluted) (in dollars per share) $ (0.73) $ (1.19)
Net loss per common share (basic) (in dollars per share) $ (0.73) $ (1.19)
Revenue from contract with customer, product and service, extensible enumeration Hotels Hotels
Cost, product and service, extensible enumeration Hotels Hotels