v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax $ 234,065 $ 217,166
OPERATING EXPENSES    
Advertising and promotion 13,116 12,132
Repairs and maintenance 9,685 8,710
Utilities 6,741 5,944
Costs of Franchised Outlets 4,459 4,205
Property tax, ground lease and insurance 18,897 18,925
Other property-level expenses 29,725 27,623
Corporate overhead 8,905 7,518
Depreciation and amortization 32,275 29,040
Total operating expenses 217,594 199,907
Interest and other income (loss) 1,564 5,453
Interest expense (12,682) (11,010)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal   457
Gain (loss) on extinguishment of debt, net   21
Income before income taxes 5,353 12,180
Current income tax (provision) benefit, net (98) 855
Net Income 5,255 13,035
Preferred stock dividends (3,931) (3,683)
Income Attributable to Common Stockholders $ 1,324 $ 9,352
Basic and diluted per share amounts:    
Basic income attributable to common stockholders per common share (in dollars per share) $ 0.01 $ 0.05
Diluted income attributable to common stockholders per common share (in dollars per share) $ 0.01 $ 0.05
Basic weighted average common shares outstanding (in shares) 200,410 202,631
Diluted weighted average common shares outstanding (in shares) 201,444 202,958
Occupancy [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax $ 144,921 $ 135,815
OPERATING EXPENSES    
Cost of Goods and Services Sold 39,110 35,551
Food and Beverage [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 67,128 61,339
OPERATING EXPENSES    
Cost of Goods and Services Sold 48,821 44,315
Hotel, Other [Member]    
REVENUES    
Revenue from Contract with Customer, Excluding Assessed Tax 22,016 20,012
OPERATING EXPENSES    
Cost of Goods and Services Sold $ 5,860 $ 5,944