v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Total revenues $ 73,879 $ 32,100 $ 134,971 $ 93,235
Operating costs        
Operating expenses 55,635 33,224 104,504 87,591
Cost of sales - food and beverages 3,151 829 5,255 4,484
General and administrative expense 8,028 6,368 16,012 16,186
Depreciation and amortization 5,784 6,682 12,029 13,476
Pre-opening costs 789 270 1,345 822
(Gain) Loss on lease terminations and impairment (561) (3,125) 2,648 (2,333)
Total operating costs 72,826 44,248 141,793 120,226
Operating income (loss) 1,053 (12,148) (6,822) (26,991)
Other income (expenses)        
Interest and investment income 159 135 312 265
Interest expense, net (2,713) (2,591) (5,339) (5,336)
Other income (loss), net (18) (24,422) (79) (24,055)
Total other income (expenses) (2,572) (26,878) (5,106) (29,126)
Loss before income tax (1,519) (39,026) (11,928) (56,117)
Income tax expense 450 500 945 771
Net loss (1,969) (39,526) (12,873) (56,888)
Preferred dividends (1,395) (1,395) (2,790) (2,790)
Loss applicable to common stockholders $ (3,364) $ (40,921) $ (15,663) $ (59,678)
Loss applicable to common stock, per share        
Basic (in dollars per share) $ (0.04) $ (0.61) $ (0.18) $ (0.89)
Diluted (in dollars per share) $ (0.04) $ (0.61) $ (0.18) $ (0.89)
Weighted average number of shares of common stock outstanding        
Basic (in shares) 92,065,615 67,111,843 87,338,509 67,090,805
Diluted (in shares) 92,065,615 67,111,843 87,338,509 67,090,805
Golf operations        
Revenues        
Total revenues $ 61,750 $ 29,675 $ 114,912 $ 78,300
Sales of food and beverages        
Revenues        
Total revenues $ 12,129 $ 2,425 $ 20,059 $ 14,935

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