v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Total revenues $ 76,366 $ 66,465 $ 211,337 $ 159,700
Operating costs        
Operating expenses 60,729 54,993 165,234 142,584
Cost of sales - food and beverages 3,696 2,170 8,951 6,654
General and administrative expense 9,685 7,916 25,697 24,102
Depreciation and amortization 5,823 6,853 17,852 20,329
Pre-opening costs 2,030 227 3,375 1,049
(Gain) Loss on lease terminations and impairment 324 302 2,972 (2,031)
Total operating costs 82,287 72,461 224,081 192,687
Operating income (loss) (5,921) (5,996) (12,744) (32,987)
Other income (expenses)        
Interest and investment income 190 135 502 400
Interest expense, net (2,626) (2,896) (7,964) (8,232)
Other income (loss), net 107 (157) 29 (24,212)
Total other income (expenses) (2,329) (2,918) (7,433) (32,044)
Loss before income tax (8,250) (8,914) (20,177) (65,031)
Income tax expense 616 498 1,562 1,269
Consolidated net loss (8,866) (9,412) (21,739) (66,300)
Less: net loss attributable to noncontrolling interest (15) 0 (15) 0
Net loss attributable to the Company (8,851) (9,412) (21,724) (66,300)
Preferred dividends (1,395) (1,395) (4,185) (4,185)
Loss applicable to common stockholders $ (10,246) $ (10,807) $ (25,909) $ (70,485)
Loss applicable to common stock, per share        
Basic (in dollars per share) $ (0.11) $ (0.16) $ (0.29) $ (1.05)
Diluted (in dollars per share) $ (0.11) $ (0.16) $ (0.29) $ (1.05)
Weighted average number of shares of common stock outstanding        
Basic (in shares) 92,085,846 67,212,532 88,938,344 67,131,827
Diluted (in shares) 92,085,846 67,212,532 88,938,344 67,131,827
Golf operations        
Revenues        
Total revenues $ 62,257 $ 58,766 $ 177,170 $ 137,066
Sales of food and beverages        
Revenues        
Total revenues $ 14,109 $ 7,699 $ 34,167 $ 22,634

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