Ryman Hospitality Properties (RHP) 10-Q 4 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	Apr. 30, 2023
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	1-13079
Entity Registrant Name	RYMAN HOSPITALITY PROPERTIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	73-0664379
Entity Address, Address Line One	One Gaylord Drive
Entity Address, City or Town	Nashville
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37214
City Area Code	615
Local Phone Number	316-6000
Title of 12(b) Security	Common stock, par value $.01
Trading Symbol	RHP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		55,253,921
Entity Central Index Key	0001040829
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS:
Property and equipment, net	$ 3,163,900	$ 3,171,708
Cash and cash equivalents - unrestricted	318,512	334,194
Cash and cash equivalents - restricted	95,113	110,136
Notes receivable, net	64,209	67,628
Trade receivables, net	147,215	116,836
Prepaid expenses and other assets	141,024	134,170
Intangible assets, net	104,706	105,951
Total assets	4,034,679	4,040,623
LIABILITIES AND EQUITY:
Debt and finance lease obligations	2,866,898	2,862,592
Accounts payable and accrued liabilities	332,068	385,159
Dividends payable	42,189	14,121
Deferred management rights proceeds	166,715	167,495
Operating lease liabilities	126,188	125,759
Deferred income tax liabilities, net	13,682	12,915
Other liabilities	66,909	64,824
Total liabilities	3,614,649	3,632,865
Commitments and contingencies
Noncontrolling interest in consolidated joint venture	319,753	311,857
Equity:
Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding
Common stock, $.01 par value, 400,000 shares authorized, 55,254 and 55,167 shares issued and outstanding, respectively	553	552
Additional paid-in capital	1,093,839	1,102,733
Treasury stock of 648 and 648 shares, at cost	(18,467)	(18,467)
Distributions in excess of retained earnings	(959,199)	(978,619)
Accumulated other comprehensive loss	(17,215)	(10,923)
Total stockholders' equity	99,511	95,276
Noncontrolling interest in Operating Partnership	766	625
Total equity	100,277	95,901
Total liabilities and equity	$ 4,034,679	$ 4,040,623

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	400,000,000	400,000,000
Common stock, shares issued (in shares)	55,254,000	55,167,000
Common stock, shares outstanding (in shares)	55,254,000	55,167,000
Treasury Stock, Shares [Abstract]
Treasury stock, shares (in shares)	648,000	648,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues:
Total revenues	$ 491,719	$ 299,135
Operating expenses:
Total hotel operating expenses	275,494	193,172
Entertainment	51,434	31,731
Corporate	10,594	9,557
Preopening costs	190	304
Loss on sale of assets		469
Depreciation and amortization	48,357	56,028
Total operating expenses	386,069	291,261
Operating income	105,650	7,874
Interest expense	(42,528)	(31,937)
Interest income	2,547	1,381
Loss from unconsolidated joint ventures	(2,806)	(2,627)
Other gains and (losses), net	(236)	447
Income (loss) before income taxes	62,627	(24,862)
(Provision) benefit for income taxes	(1,633)	65
Net income (loss)	60,994	(24,797)
Net loss attributable to noncontrolling interest in consolidated joint venture	763
Net (income) loss attributable to noncontrolling interest in Operating Partnership	(437)	176
Net income (loss) available to common stockholders	$ 61,320	$ (24,621)
Basic income (loss) per share available to common stockholders	$ 1.11	$ (0.45)
Diluted income (loss) per share available to common stockholders	$ 1.02	$ (0.45)
Rooms [Member]
Revenues:
Total revenues	$ 161,251	$ 101,593
Operating expenses:
Total hotel operating expenses	42,059	30,136
Food and Beverage [Member]
Revenues:
Total revenues	215,804	112,116
Operating expenses:
Total hotel operating expenses	115,181	71,329
Hotel, Other [Member]
Revenues:
Total revenues	47,384	47,402
Operating expenses:
Total hotel operating expenses	103,059	86,643
Management Service [Member]
Operating expenses:
Total hotel operating expenses	15,195	5,064
Entertainment Segment [Member]
Revenues:
Total revenues	$ 67,280	$ 38,024

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Comprehensive income (loss), net of taxes	$ 54,702	$ (14,811)
Comprehensive income (loss) available to common stockholders	55,295	(14,706)
Consolidated Joint Venture [Member]
Comprehensive loss attributable to noncontrolling interest in consolidated joint venture	985
Operating Partnership [Member]
Comprehensive loss attributable to noncontrolling interest in consolidated joint venture	$ (392)	$ 105

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash Flows from Operating Activities:
Net income (loss)	$ 60,994	$ (24,797)
Amounts to reconcile net income (loss) to net cash flows provided by (used in) operating activities:
Provision (benefit) for deferred income taxes	767	(415)
Depreciation and amortization	48,357	56,028
Amortization of deferred financing costs	2,674	2,229
Loss from unconsolidated joint ventures	2,806	2,627
Stock-based compensation expense	3,739	3,786
Changes in:
Trade receivables	(30,379)	(8,488)
Accounts payable and accrued liabilities	(56,294)	(17,330)
Other assets and liabilities	(953)	(17,814)
Net cash flows provided by (used in) operating activities	31,711	(4,174)
Cash Flows from Investing Activities:
Purchases of property and equipment	(36,771)	(9,716)
Collection of notes receivable	2,143	2,381
Other investing activities, net	(9,916)	816
Net cash flows used in investing activities	(48,544)	(8,564)
Cash Flows from Financing Activities:
Payment of dividends	(14,006)	(276)
Payment of tax withholdings for share-based compensation	(4,080)	(3,761)
Other financing activities, net	(84)	(66)
Net cash flows used in financing activities	(13,872)	(5,353)
Net change in cash, cash equivalents, and restricted cash	(30,705)	(18,091)
Cash, cash equivalents, and restricted cash, beginning of period	444,330	163,000
Cash, cash equivalents, and restricted cash, end of period	413,625	144,909
$500 Million Term Loan B [Member]
Cash Flows from Financing Activities:
Repayments under loan	(1,250)	(1,250)
$300M OEG Term Loan [Member]
Cash Flows from Financing Activities:
Repayments under loan	(750)
$65M OEG Revolver [Member]
Cash Flows from Financing Activities:
Borrowings under revolving credit facility	7,000
Block 21 CMBS Loan [Member]
Cash Flows from Financing Activities:
Repayments under loan	(702)
Circle [Member]
Cash Flows from Investing Activities:
Purchase of additional interest / Investment	$ (4,000)	$ (2,045)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Reconciliation of cash, cash equivalents, and restricted cash to balance sheet:
Cash and cash equivalents - unrestricted	$ 318,512	$ 334,194	$ 128,436
Cash and cash equivalents - restricted	95,113	110,136	16,473
Cash, cash equivalents, and restricted cash, end of period	$ 413,625	$ 444,330	$ 144,909	$ 163,000

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Equity (Deficit) And Noncontrolling Interest - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Redeemable Noncontrolling Interest In Joint Venture [Member]	Total
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Transition adjustment related to adoption	$ 551	$ 1,112,867	$ (18,467)	$ (1,088,105)	$ (29,080)	$ (22,234)	$ (159)		$ (22,393)
Beginning balance at Dec. 31, 2021	551	1,112,867	(18,467)	(1,088,105)	(29,080)	(22,234)	(159)		(22,393)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)				(24,621)		(24,621)	(176)		(24,621)
Net loss									(24,797)
Net loss									(176)
Other comprehensive income (loss), net of income taxes					9,986	9,986			9,986
Restricted stock units and stock options surrendered		(3,761)				(3,761)			(3,761)
Equity-based compensation expense		3,786				3,786			3,786
Ending balance at Mar. 31, 2022	551	1,112,892	(18,467)	(1,112,726)	(19,094)	(36,844)	(335)		(37,179)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Transition adjustment related to adoption	551	1,112,892	(18,467)	(1,112,726)	(19,094)	(36,844)	(335)		(37,179)
Transition adjustment related to adoption	552	1,102,733	(18,467)	(978,619)	(10,923)	95,276	625		95,901
Beginning balance at Dec. 31, 2022	552	1,102,733	(18,467)	(978,619)	(10,923)	95,276	625		95,901
Beginning balance at Dec. 31, 2022								$ 311,857	311,857
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)				61,320		61,320	437		61,320
Net loss									61,757
Net income (loss)									(763)
Net loss								(763)
Net loss									437
Adjustment of noncontrolling interest to redemption value		(8,659)				(8,659)		8,659	(8,659)
Other comprehensive income (loss), net of income taxes					(6,292)	(6,292)			(6,292)
Payment of dividends		106		(41,900)		(41,794)	(296)		(42,090)
Restricted stock units and stock options surrendered	1	(4,080)				(4,079)			(4,079)
Equity-based compensation expense		3,739				3,739			3,739
Ending balance at Mar. 31, 2023	553	1,093,839	(18,467)	(959,199)	(17,215)	99,511	766		100,277
Ending balance at Mar. 31, 2023								$ 319,753	319,753
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Transition adjustment related to adoption	$ 553	$ 1,093,839	$ (18,467)	$ (959,199)	$ (17,215)	$ 99,511	$ 766		$ 100,277

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Equity (Deficit) And Noncontrolling Interest (Parenthetical)	3 Months Ended
	Mar. 31, 2023 $ / shares
Statement of Stockholders' Equity (Deficit) And Noncontrolling Interest [Abstract]
Dividend amount for current period (in dollars per share)	$ 0.75

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Basis of Presentation
Basis of Presentation	1. BASIS OF PRESENTATION: ​ On January 1, 2013, Ryman Hospitality Properties, Inc. (“Ryman”) and its subsidiaries (collectively with Ryman, the “Company”) began operating as a real estate investment trust (“REIT”) for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company’s owned assets include a network of upscale, meetings-focused resorts that are managed by Marriott International, Inc. (“Marriott”) under the Gaylord Hotels brand. These five resorts, which the Company refers to as the Gaylord Hotels properties, consist of the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee (“Gaylord Opryland”), the Gaylord Palms Resort & Convention Center near Orlando, Florida (“Gaylord Palms”), the Gaylord Texan Resort & Convention Center near Dallas, Texas (“Gaylord Texan”), the Gaylord National Resort & Convention Center near Washington D.C. (“Gaylord National”), and the Gaylord Rockies Resort & Convention Center near Denver, Colorado (“Gaylord Rockies”). The Company’s other owned hotel assets managed by Marriott include the Inn at Opryland, an overflow hotel adjacent to Gaylord Opryland, and the AC Hotel at National Harbor, Washington D.C. (“AC Hotel”), an overflow hotel adjacent to Gaylord National. The Company also owns a controlling 70% equity interest in a business comprised of a number of entertainment and media assets, known as the Opry Entertainment Group, which the Company reports as its Entertainment segment. These assets include the Grand Ole Opry, the legendary weekly showcase of country music’s finest performers; the Ryman Auditorium, the storied live music venue and former home of the Grand Ole Opry; WSM-AM, the Opry’s radio home; Ole Red, a brand of Blake Shelton-themed bar, music venue and event spaces; two Nashville-based assets managed by Marriott – the Wildhorse Saloon and the General Jackson Showboat; and as of May 31, 2022, Block 21, a mixed-use entertainment, lodging, office, and retail complex located in Austin, Texas (“Block 21”). See Note 2, “Block 21 Transaction,” for further disclosure regarding Block 21. Opry Entertainment Group also owns a 50% interest in a joint venture that creates and distributes a linear multicast and over-the-top channel dedicated to the country music lifestyle (“Circle”). As further disclosed in Note 1 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, on June 16, 2022, the Company and certain of its subsidiaries, including OEG Attractions Holdings, LLC (“OEG”), which directly or indirectly owns the assets that comprise the Company’s Entertainment segment, consummated the transactions contemplated by an investment agreement with Atairos Group, Inc. (“Atairos”) and A-OEG Holdings, LLC, an affiliate of Atairos (the “OEG Investor”), pursuant to which OEG issued and sold to the OEG Investor, and the OEG Investor acquired, 30% of the equity interests of OEG for approximately $296.0 million (the “OEG Transaction”). The Company retains a controlling 70% equity interest in OEG and continues to consolidate the assets, liabilities and results of operations of OEG in the accompanying condensed consolidated financial statements. The portion of OEG that the Company does not own is recorded as noncontrolling interest in consolidated joint venture, which is classified as mezzanine equity in the accompanying condensed consolidated balance sheet, and any adjustment necessary to reflect the noncontrolling interest at its redemption value is shown in the accompanying condensed consolidated statement of equity (deficit) and noncontrolling interest. See Note 4, “Income (Loss) Per Share,” for further disclosure. The condensed consolidated financial statements include the accounts of Ryman and its subsidiaries and have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted from this report pursuant to such rules and regulations. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. In the opinion of management, all adjustments necessary for a fair statement of the results of operations for the interim periods have been included. All adjustments are of a normal, recurring nature. The results of operations for such interim periods are not necessarily indicative of the results for the full year because of seasonal and short-term variations. The Company principally operates, through its subsidiaries and its property managers, as applicable, in the following business segments: Hospitality, Entertainment, and Corporate and Other. Newly Issued Accounting Standards In March 2020, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2020-04, “ Reference Rate Reform – Facilitation of the Effects of Reference Rate Reform on Financial Reporting Reference Rate Reform – Deferral of the Sunset Date of Topic 848

Block 21 Transaction

Block 21 Transaction	3 Months Ended
	Mar. 31, 2023
Block 21 Transaction
Block 21 Transaction	2. BLOCK 21 TRANSACTION: As further disclosed in Note 1 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, on May 31, 2022, the Company purchased Block 21 for a stated purchase price of $260 million, as subsequently adjusted to $255 million pursuant to the terms of the purchase agreement, which includes the assumption of approximately $136 million of existing mortgage debt. Block 21 is the home of the Austin City Limits Live at The Moody Theater (“ACL Live”), a 2,750-seat entertainment venue that serves as the filming location for the Austin City Limits television series. The Block 21 complex also includes the 251-room W Austin Hotel, which Marriott manages, the 3TEN at ACL Live club and approximately 53,000 square feet of other Class A commercial space. The Company funded the cash portion of the purchase price with cash on hand and borrowings under its revolving credit facility. The acquisition was accounted for as a business combination, given the different nature of the principal operations acquired (a hotel and an entertainment venue). Block 21 assets are reflected in the Company’s Entertainment segment as of May 31, 2022. During the current quarter, the Company concluded its valuation of the fair value of the acquired assets and liabilities as of May 31, 2022, and no significant changes were made to the provisional amounts disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022.

Revenues

Revenues	3 Months Ended
	Mar. 31, 2023
Revenues
Revenues	3. REVENUES: Revenues from occupied hotel rooms are recognized over time as the daily hotel stay is provided to hotel groups and guests. Revenues from concessions, food and beverage sales, and group meeting services are recognized over the period or at the point in time those goods or services are delivered to the hotel group or guest. Revenues from ancillary services at the Company’s hotels, such as spa, parking, and transportation services, are generally recognized at the time the goods or services are provided. Cancellation fees and attrition fees, which are charged to groups when they do not fulfill the minimum number of room nights or minimum food and beverage spending requirements originally contracted for, are generally recognized as revenue in the period the Company determines it is probable that a significant reversal in the amount of revenue recognized will not occur, which is typically the period these fees are collected. The Company generally recognizes revenues from the Entertainment segment at the point in time that services are provided or goods are delivered or shipped to the customer, as applicable. Entertainment segment revenues from licenses of content are recognized at the point in time the content is delivered to the licensee and the licensee can use and benefit from the content. Revenue related to content provided to Circle is eliminated for the portion of Circle that the Company owns. Almost all of the Company’s revenues are either cash-based or, for meeting and convention groups who meet the Company’s credit criteria, billed and collected on a short-term receivables basis. The Company is required to collect certain taxes from customers on behalf of government agencies and remit these to the applicable governmental entity on a periodic basis. These taxes are collected from customers at the time of purchase but are not included in revenue. The Company records a liability upon collection of such taxes from the customer and relieves the liability when payments are remitted to the applicable governmental agency. The Company’s revenues disaggregated by major source are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, ​ 2023 2022 Hotel group rooms ​ $ 120,513 ​ $ 62,478 Hotel transient rooms ​ 40,738 39,115 Hotel food and beverage - banquets ​ 160,499 72,824 Hotel food and beverage - outlets ​ 55,305 39,292 Hotel other ​ 47,384 47,402 Entertainment admissions/ticketing ​ 22,156 15,549 Entertainment food and beverage ​ 24,066 14,361 Entertainment produced content ​ ​ 1,134 ​ ​ 1,468 Entertainment retail and other ​ 19,924 6,646 Total revenues $ 491,719 $ 299,135 ​ The Company’s Hospitality segment revenues disaggregated by location are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, ​ 2023 2022 Gaylord Opryland $ 111,806 ​ $ 73,519 Gaylord Palms ​ 84,546 ​ 59,848 Gaylord Texan ​ 86,398 ​ 56,636 Gaylord National ​ 72,772 ​ 32,587 Gaylord Rockies ​ ​ 64,047 ​ ​ 34,787 AC Hotel ​ 2,211 ​ 1,607 Inn at Opryland ​ 2,659 ​ 2,127 Total Hospitality segment revenues ​ $ 424,439 ​ $ 261,111 ​ The majority of the Company’s Entertainment segment revenues are concentrated in Nashville, Tennessee and Austin, Texas. The Company records deferred revenues when cash payments are received in advance of its performance obligations, primarily related to advanced deposits on hotel rooms and advanced ticketing at its OEG venues. At March 31, 2023 and December 31, 2022, the Company had $163.4 million and $136.5 million, respectively, in deferred revenues, which are included in accounts payable and accrued liabilities in the accompanying condensed consolidated balance sheets. Of the amount outstanding at December 31, 2022, approximately $70.1 million was recognized in revenue during the three months ended March 31, 2023.

Income (Loss) Per Share

Income (Loss) Per Share	3 Months Ended
	Mar. 31, 2023
Numerator:
Income (Loss) Per Share	4. INCOME (LOSS) PER SHARE: The computation of basic and diluted earnings per common share is as follows (in thousands, except per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ ​ March 31, ​ ​ ​ 2023 ​ 2022 ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) available to common stockholders ​ $ 61,320 ​ $ (24,621) ​ ​ Net loss attributable to noncontrolling interest in consolidated joint venture ​ (763) ​ ​ — ​ ​ Net income (loss) available to common stockholders - if-converted method ​ $ 60,557 ​ $ (24,621) ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding - basic ​ ​ 55,182 ​ ​ 55,086 ​ ​ Effect of dilutive stock-based compensation ​ ​ 281 ​ ​ — ​ ​ Effect of dilutive put rights ​ 3,863 ​ — ​ ​ Weighted average shares outstanding - diluted ​ 59,326 ​ 55,086 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic income (loss) per share available to common stockholders ​ $ 1.11 ​ $ (0.45) ​ ​ Diluted income (loss) per share available to common stockholders ​ $ 1.02 ​ $ (0.45) ​ ​ ​ For the three months ended March 31, 2022, the effect of dilutive stock-based compensation was the equivalent of 0.3 million shares of common stock outstanding. Because the Company had a loss available to common stockholders in the three months ended March 31, 2022, these incremental shares were excluded from the computation of dilutive earnings per share as the effect of their inclusion would have been anti-dilutive. As more fully discussed in Note 1 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, although currently not exercisable, the OEG Investor has certain put rights (the “OEG Put Rights”) to require the Company to purchase the OEG Investor’s equity interest in OEG, which the Company may pay in cash or Company stock, at the Company’s option. The Company calculated potential dilution for the OEG Put Rights based on the if-converted method, which assumes the OEG Put Rights were converted on the first day of the period or the date of issuance and the OEG Investor’s noncontrolling equity interest was redeemed in exchange for shares of the Company’s common stock. The operating partnership units (“OP Units”) held by the noncontrolling interest holders in the Operating Partnership have been excluded from the denominator of the diluted income (loss) per share calculation for the three months ended March 31, 2023 and 2022 as there would be no effect on the calculation of diluted income (loss) per share because the income (loss) attributable to the OP Units held by the noncontrolling interest holders would also be subtracted to derive net income (loss) available to common stockholders.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2023
Equity
Accumulated Other Comprehensive Loss	5. ACCUMULATED OTHER COMPREHENSIVE LOSS: The Company’s balance in accumulated other comprehensive loss is comprised of amounts related to the Company’s minimum pension liability discussed in Note 12, “Pension Plans,” interest rate derivatives designated as cash flow hedges related to the Company’s outstanding debt as discussed in Note 8, “Debt,” and amounts related to an other-than-temporary impairment of a held-to-maturity investment that existed prior to 2020 with respect to the notes receivable discussed in Note 7, “Notes Receivable,” to the condensed consolidated financial statements included herein. ​ Changes in accumulated other comprehensive loss by component for the three months ended March 31, 2023 and 2022 consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other-Than- ​ ​ ​ ​ ​ ​ ​ Minimum ​ Temporary ​ ​ ​ ​ ​ ​ ​ Pension ​ Impairment of ​ Interest Rate ​ ​ ​ ​ Liability Investment Derivatives Total Balance, December 31, 2022 ​ $ (18,021) ​ $ (3,087) ​ $ 10,185 ​ $ (10,923) Losses arising during period ​ ​ — ​ ​ — ​ ​ (1,010) ​ ​ (1,010) Amounts reclassified from accumulated other comprehensive loss ​ ​ (67) ​ 53 ​ (5,268) ​ (5,282) Net other comprehensive income (loss) ​ (67) ​ 53 ​ (6,278) ​ (6,292) Balance, March 31, 2023 ​ $ (18,088) ​ $ (3,034) ​ $ 3,907 ​ $ (17,215) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other-Than- ​ ​ ​ ​ ​ ​ ​ Minimum ​ Temporary ​ ​ ​ ​ ​ ​ ​ Pension ​ Impairment of ​ Interest Rate ​ ​ ​ ​ Liability Investment Derivatives Total Balance, December 31, 2021 ​ $ (16,419) ​ $ (3,298) ​ $ (9,363) ​ $ (29,080) Gains arising during period ​ ​ — ​ ​ — ​ ​ 6,070 ​ ​ 6,070 Amounts reclassified from accumulated other comprehensive loss ​ (86) ​ 53 ​ 3,949 ​ 3,916 Net other comprehensive income (loss) ​ (86) ​ 53 ​ 10,019 ​ 9,986 Balance, March 31, 2022 ​ $ (16,505) ​ $ (3,245) ​ $ 656 ​ $ (19,094) ​

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2023
Property and Equipment
Property and Equipment	6. PROPERTY AND EQUIPMENT: Property and equipment, including right-of-use finance lease assets, at March 31, 2023 and December 31, 2022 is recorded at cost (except for right-of-use finance lease assets) and summarized as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 Land and land improvements ​ $ 451,422 ​ $ 443,469 Buildings ​ 3,801,386 ​ 3,785,968 Furniture, fixtures and equipment ​ 1,027,535 ​ 1,015,078 Right-of-use finance lease assets ​ ​ 1,613 ​ ​ 1,613 Construction-in-progress ​ 53,128 ​ 50,312 ​ ​ 5,335,084 ​ 5,296,440 Accumulated depreciation and amortization ​ (2,171,184) ​ (2,124,732) Property and equipment, net ​ $ 3,163,900 ​ $ 3,171,708 ​

Notes Receivable

Notes Receivable	3 Months Ended
	Mar. 31, 2023
Notes Receivable
Notes Receivable	7. NOTES RECEIVABLE: As further discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, in connection with the development of Gaylord National, the Company holds two issuances of governmental bonds (“Series A bond” and “Series B bond”) with a total carrying value and approximate fair value of $64.2 million and $67.6 million at March 31, 2023 and December 31, 2022, respectively, net of credit loss reserve of $38.0 million at each of March 31, 2023 and December 31, 2022. The Company receives debt service and principal payments thereon, payable from property tax increments, hotel taxes and special hotel rental taxes generated from Gaylord National through the maturity dates of July 1, 2034 and September 1, 2037, respectively. The Company records interest income over the life of the notes using the effective interest method. The Company has the intent and ability to hold these bonds to maturity. The Company’s quarterly assessment of credit losses considers the estimate of projected tax revenues that will service the bonds over their remaining terms. These tax revenue projections are updated each quarter to reflect updated industry projections as to future anticipated operations of the hotel. As a result of reduced tax revenue projections over the remaining life of the bonds, the Series B bond is fully reserved. The Series A bond is of higher priority than other tranches which fall between the Company’s two issuances. During each of the three months ended March 31, 2023 and 2022, the Company recorded interest income of $1.3 million on these bonds. The Company received payments of $4.7 million and $5.1 million during the three months ended March 31, 2023 and 2022, respectively, relating to these bonds. At March 31, 2023 and December 31, 2022, before consideration of the credit loss reserve, the Company had accrued interest receivable related to these bonds of $39.8 million and $41.0 million, respectively.

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt
Debt	8. DEBT: The Company’s debt and finance lease obligations at March 31, 2023 and December 31, 2022 consisted of (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 $700M Revolving Credit Facility, interest at LIBOR plus 1.50%, maturing March 31, 2024 ​ $ — ​ $ — $500M Term Loan B, interest at LIBOR plus 2.00%, maturing May 11, 2024 ​ 370,000 ​ 371,250 $600M Senior Notes, interest at 4.50%, maturing February 15, 2029 ​ 600,000 ​ 600,000 $700M Senior Notes, interest at 4.75%, maturing October 15, 2027 ​ 700,000 ​ 700,000 $800M Gaylord Rockies Term Loan, interest at LIBOR plus 2.50%, maturing July 2, 2023 ​ 800,000 ​ 800,000 $300M OEG Term Loan, interest at SOFR plus 5.00%, maturing June 16, 2029 ​ 298,500 ​ 299,250 $65M OEG Revolver, interest at SOFR plus 4.75%, maturing June 16, 2027 ​ 7,000 ​ — Block 21 CMBS Loan, interest at 5.58%, maturing January 5, 2026 ​ ​ 133,934 ​ ​ 134,636 Finance lease obligations ​ ​ 618 ​ ​ 685 Unamortized deferred financing costs ​ ​ (30,912) ​ ​ (30,482) Unamortized discount ​ ​ (12,242) ​ ​ (12,747) Total debt ​ $ 2,866,898 ​ $ 2,862,592 ​ Amounts due within one year consist of the $800 million Gaylord Rockies term loan, the amortization payments for the $500 million term loan B of 1.0% of the original principal balance, amortization payments for the $300 million OEG term loan of 1.0% of the original principal balance, and amortization of the Block 21 CMBS loan based on a 30-year amortization. The Gaylord Rockies term loan has three, one-year extension options, subject to certain requirements in the Gaylord Rockies term loan. The Company has fulfilled the necessary requirements to exercise the first of these extension options. At March 31, 2023, there were no defaults under the covenants related to the Company’s outstanding debt. Interest Rate Derivatives The Company has entered into interest rate swaps to manage interest rate risk associated with the Company’s $500 million term loan B, the Gaylord Rockies $800 million term loan and the $300 million OEG term loan. Each swap has been designated as a cash flow hedge whereby the Company receives variable-rate amounts in exchange for fixed-rate payments over the life of the agreement without exchange of the underlying principal amount. The Company does not use derivatives for trading or speculative purposes and currently does not hold any derivatives that are not designated as hedges. For derivatives designated as and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in accumulated other comprehensive loss and subsequently reclassified to interest expense in the same period during which the hedged transaction affects earnings. These amounts reported in accumulated other comprehensive loss will be reclassified to interest expense as interest payments are made on the related variable-rate debt. The Company estimates that $5.9 million will be reclassified from accumulated other comprehensive income as a reduction to interest expense in the next twelve months. The estimated fair value of the Company’s derivative financial instruments at March 31, 2023 and December 31, 2022 is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Estimated Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Asset (Liability) Balance ​ ​ ​ ​ Strike ​ ​ ​ ​ ​ Notional ​ March 31, ​ December 31, Hedged Debt ​ Type ​ Rate ​ Index ​ Maturity Date ​ Amount ​ 2023 ​ 2022 Term Loan B ​ Interest Rate Swap ​ 1.2235% ​ 1-month LIBOR ​ May 11, 2023 ​ $ 87,500 ​ $ 356 ​ $ 1,096 Term Loan B ​ Interest Rate Swap ​ 1.2235% ​ 1-month LIBOR ​ May 11, 2023 ​ ​ 87,500 ​ ​ 356 ​ ​ 1,096 Term Loan B ​ Interest Rate Swap ​ 1.2235% ​ 1-month LIBOR ​ May 11, 2023 ​ ​ 87,500 ​ ​ 356 ​ ​ 1,096 Term Loan B ​ Interest Rate Swap ​ 1.2315% ​ 1-month LIBOR ​ May 11, 2023 ​ ​ 87,500 ​ ​ 355 ​ ​ 1,093 Gaylord Rockies Term Loan ​ Interest Rate Swap ​ 3.3410% ​ 1-month LIBOR ​ August 1, 2023 ​ ​ 800,000 ​ ​ 4,388 ​ ​ 6,969 OEG Term Loan ​ Interest Rate Swap ​ 4.5330% ​ 3-month SOFR ​ December 18, 2025 ​ ​ 100,000 ​ ​ (1,904) ​ ​ (1,164) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 3,907 ​ $ 10,186 ​ Derivative financial instruments in an asset position are included in prepaid expenses and other assets, and those in a liability position are included in other liabilities in the accompanying condensed consolidated balance sheets. The effect of the Company’s derivative financial instruments on the accompanying condensed consolidated statements of operations for the respective periods is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of Gain (Loss) ​ ​ ​ ​ ​ Amount of Gain (Loss) ​ ​ ​ Recognized in OCI on ​ ​ ​ ​ ​ Reclassified from Accumulated ​ ​ ​ Derivative ​ Location of Gain (Loss) ​ OCI into Income (Expense) ​ ​ ​ Three Months Ended ​ Reclassified from ​ Three Months Ended ​ ​ ​ March 31, ​ Accumulated OCI ​ March 31, ​ ​ ​ 2023 ​ 2022 into Income (Expense) 2023 ​ 2022 Derivatives in Cash Flow Hedging Relationships: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps ​ $ (1,010) ​ $ 6,070 ​ Interest expense ​ $ 5,268 ​ $ (3,949) ​ Total derivatives ​ $ (1,010) ​ $ 6,070 ​ ​ ​ ​ ​ $ 5,268 ​ $ (3,949) ​ ​ Reclassifications from accumulated other comprehensive loss for interest rate swaps are shown in the table above and included in interest expense. Total consolidated interest expense for the three months ended March 31, 2023 and 2022 was $42.5 million and $31.9 million, respectively. At March 31, 2023, the fair value of derivatives in a net liability position including accrued interest but excluding any adjustment for nonperformance risk related to these agreements was $1.9 million. As of March 31, 2023, the Company has not posted any collateral related to these agreements and was not in breach of any agreement provisions. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreements at the aggregate termination value of $2.0 million. In addition, the Company has an agreement with its derivative counterparty that contains a provision whereby the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company’s default on the indebtedness.

Deferred Management Rights Proc

Deferred Management Rights Proceeds	3 Months Ended
	Mar. 31, 2023
Deferred Management Rights Proceeds
Deferred Management Rights Proceeds	9. DEFERRED MANAGEMENT RIGHTS PROCEEDS: On October 1, 2012, the Company consummated its agreement to sell the Gaylord Hotels brand and rights to manage the Gaylord Hotels properties (the “Management Rights”) to Marriott for $210.0 million in cash. Effective October 1, 2012, Marriott assumed responsibility for managing the day-to-day operations of the Gaylord Hotels properties pursuant to a management agreement for each Gaylord Hotel property. The Company allocated $190.0 million of the purchase price to the Management Rights, based on the Company’s estimates of the fair values for the respective components. For financial accounting purposes, the amount related to the Management Rights was deferred and is amortized on a straight-line basis over the 65-year term of the hotel management agreements, including extensions, as a reduction in management fee expense.

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases
Leases	10. LEASES: The Company is a lessee of a 65.3-acre site in Osceola County, Florida on which Gaylord Palms is located; building or land leases for Ole Red Gatlinburg, Ole Red Orlando, Ole Red Tishomingo, Ole Red Nashville International Airport and Ole Red Las Vegas; and various warehouse, general office and other equipment leases. The Gaylord Palms land lease has a term through 2074, which may be extended through January 2101 five five The terms of the Gaylord Palms lease include variable lease payments based upon net revenues at Gaylord Palms, and certain other of the Company’s leases include rental payments adjusted periodically for inflation. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. As the discount rate implicit in the Company’s operating leases is not readily determinable, the Company applies judgments related to the determination of the discount rates used to calculate the lease liability as required by Accounting Standards Codification Topic 842, “ Leases The Company’s lease costs for the three months ended March 31, 2023 and 2022 are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ March 31, ​ ​ ​ 2023 ​ 2022 ​ Operating lease cost ​ $ 4,657 ​ $ 3,536 ​ Finance lease cost: ​ ​ ​ ​ ​ ​ ​ Amortization of right-of-use assets ​ 31 ​ 31 ​ Interest on lease liabilities ​ 6 ​ 8 ​ Net lease cost ​ $ 4,694 ​ $ 3,575 ​ ​ Future minimum lease payments under non-cancelable leases at March 31, 2023 are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating Finance ​ ​ Leases ​ Leases Year 1 ​ $ 7,883 ​ $ 153 Year 2 ​ 8,885 ​ 46 Year 3 ​ 8,886 ​ 46 Year 4 ​ 8,983 ​ 46 Year 5 ​ 8,979 ​ 46 Years thereafter ​ 562,853 ​ 462 Total future minimum lease payments ​ 606,469 ​ 799 Less amount representing interest ​ (480,281) ​ ​ (181) Total present value of minimum payments ​ $ 126,188 ​ $ 618 ​ ​ ​ ​ ​ ​ Weighted-average remaining lease term: ​ ​ Operating leases 44.0 years Finance leases 12.4 years Weighted-average discount rate: ​ ​ Operating leases 7.0 % Finance leases 4.0 % ​

Stock Plans

Stock Plans	3 Months Ended
	Mar. 31, 2023
Stock Plans
Stock Plans	11. STOCK PLANS: During the three months ended March 31, 2023, the Company granted 0.2 million restricted stock units with a weighted-average grant date fair value of $86.59 per unit. There were 0.6 million restricted stock units outstanding at each of March 31, 2023 and December 31, 2022. Compensation expense for the Company’s stock-based compensation plans was $3.7 million and $3.8 million for the three months ended March 31, 2023 and 2022, respectively.

Pension Plans

Pension Plans	3 Months Ended
	Mar. 31, 2023
Pension Plans
Pension Plans	12. PENSION PLANS: Net periodic pension (income) expense reflected in other gains and (losses), net in the accompanying condensed consolidated statements of operations included the following components for the respective periods (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ March 31, ​ ​ 2023 2022 Interest cost ​ $ 825 ​ $ 526 ​ Expected return on plan assets ​ (730) ​ (1,031) ​ Amortization of net actuarial loss ​ 228 ​ 200 ​ Total net periodic pension (income) expense ​ $ 323 ​ $ (305) ​ ​

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Taxes
Income Taxes	13. INCOME TAXES: The Company elected to be taxed as a REIT effective January 1, 2013, pursuant to the U.S. Internal Revenue Code of 1986, as amended. As a REIT, generally the Company is not subject to federal corporate income taxes on ordinary taxable income and capital gains income from real estate investments that it distributes to its stockholders. The Company continues to be required to pay federal and state corporate income taxes on earnings of its taxable REIT subsidiaries (“TRSs”). For the three months ended March 31, 2023 and 2022, the Company recorded an income tax provision (benefit) of $1.6 million and $(0.1) million, respectively, related to its TRSs. At March 31, 2023 and December 31, 2022, the Company had no unrecognized tax benefits.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies
Commitments and Contingencies	14. COMMITMENTS AND CONTINGENCIES: The Company has entered into limited repayment and carry guaranties related to the Second Amended and Restated Loan Agreement, as amended, related to Gaylord Rockies (the “Gaylord Rockies Loan”) that, in the aggregate, guarantee repayment of 10% of the principal debt, together with interest and operating expenses, which are to be released once Gaylord Rockies achieves a certain debt service coverage threshold as defined in the Gaylord Rockies Loan. Generally, the Gaylord Rockies Loan is non-recourse to the Company, subject to (i) those limited guaranties and (ii) customary non-recourse carve-outs. In connection with the purchase of Block 21, the Company provided (i) limited guarantees to the Block 21 lenders under the Block 21 CMBS Loan via a guaranty agreement, a guaranty of completion agreement and an environmental indemnity, and (2) a letter of credit drawable by the Block 21 lenders in the event of a default of the Block 21 CMBS Loan. In April 2019, a subsidiary of the Company acquired a 50% equity interest in Circle and has made capital contributions of $35.0 million through March 31, 2023. In addition, the Company intends to contribute up to an additional $8.2 million through December 31, 2023 for working capital needs. The Company accounts for its investment in this joint venture under the equity method of accounting. The Company has entered into employment agreements with certain officers, which provide for severance payments upon certain events, including certain terminations in connection with a change of control. The Company, in the ordinary course of business, is involved in certain legal actions and claims on a variety of matters. It is the opinion of management that such contingencies will not have a material effect on the financial statements of the Company.

Equity

Equity	3 Months Ended
	Mar. 31, 2023
Equity
Equity	15. EQUITY Dividends On February 23, 2023, the Company’s board of directors declared the Company’s first quarter 2023 cash dividend in the amount of $0.75 per share of common stock, or an aggregate of approximately $41.7 million in cash, which was paid on April 17, 2023 to stockholders of record as of the close of business on March 31, 2023. Any future dividend is subject to the Company’s board of directors’ determination as to the amount of distributions and the timing thereof. Noncontrolling Interest in the Operating Partnership The Company consolidates the Operating Partnership, which is a majority-owned limited partnership that has a noncontrolling interest. The outstanding OP Units held by the noncontrolling limited partners are redeemable for cash, or if the Company so elects, in shares of the Company’s common stock on a one-for-one basis, subject to certain adjustments. At March 31, 2023, 0.4 million outstanding OP Units, or less than 1% of the outstanding OP Units, were held by the noncontrolling limited partners and are included as a component of equity in the accompanying condensed consolidated balance sheets. The Company owns, directly or indirectly, the remaining 99.3% of the outstanding OP Units. At-the-Market (“ATM”) Equity Distribution Agreement On May 27, 2021, the Company entered into an ATM equity distribution agreement (the “ATM Agreement”) with a consortium of banks (each a “Sales Agent” and collectively, the “Sales Agents”), pursuant to which the Company may offer and sell to or through the Sales Agents (the “ATM Offering”), from time to time, up to 4.0 million shares (the “Shares”) of the Company’s common stock in such share amounts as the Company may specify by notice to the Sales Agents, in accordance with the terms and conditions set forth in the ATM Agreement. Under the ATM Agreement, the Company will set the parameters for the sale of the Shares, including the number of the Shares to be issued, the time period during which sales are requested to be made, limitation on the number of the Shares that may be sold in any one trading day and any minimum price below which sales may not be made. Each Sales Agent will use its commercially reasonable efforts, consistent with its normal trading and sales practices, to sell such Shares up to the amount specified, and otherwise in accordance with mutually agreed terms between the Sales Agent and the Company. Neither the Company nor any of the Sales Agents are obligated to sell any specific number or dollar amount of Shares under the ATM Agreement. The Sales Agents will be paid a commission of up to 2.0% of the gross sales price from the sale of any Shares. The Company intends to use the net proceeds from any sale of Shares for the repayment of outstanding indebtedness, which may include the repayment of amounts outstanding under the Company’s credit agreement governing the Company’s revolving credit facility. Net proceeds which are not used for the repayment of outstanding indebtedness (to the extent then permitted by the Company’s credit agreement) may be used for general corporate purposes. No shares were issued under the ATM Agreement during the three months ended March 31, 2023.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Measurements
Fair Value Measurements	16. FAIR VALUE MEASUREMENTS: The Company uses a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The investments held by the Company in connection with its deferred compensation plan consist of mutual funds traded in an active market. The Company determined the fair value of these mutual funds based on the net asset value per unit of the funds or the portfolio, which is based upon quoted market prices in an active market. Therefore, the Company has categorized these investments as Level 1. The Company’s interest rate swaps consist of over-the-counter swap contracts, which are not traded on a public exchange. The Company determines the fair value of these swap contracts based on a widely accepted valuation methodology of netting the discounted future fixed cash flows and the discounted expected variable cash flows, using interest rates derived from observable market interest rate curves and volatilities, with appropriate adjustments for any significant impact of non-performance risk of the parties to the swap contracts. Therefore, these swap contracts have been classified as Level 2. The Company has consistently applied the above valuation techniques in all periods presented and believes it has obtained the most accurate information available for each type of instrument. The Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2023 and December 31, 2022, were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for Observable Unobservable ​ ​ March 31, ​ Identical Assets ​ Inputs ​ Inputs ​ ​ 2023 ​ (Level 1) ​ (Level 2) ​ (Level 3) Deferred compensation plan investments ​ $ 30,335 ​ $ 30,335 ​ $ — ​ $ — Variable to fixed interest rate swaps ​ ​ 5,811 ​ ​ — ​ ​ 5,811 ​ ​ — Total assets measured at fair value ​ $ 36,146 ​ $ 30,335 ​ $ 5,811 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable to fixed interest rate swaps ​ $ 1,904 ​ $ — ​ $ 1,904 ​ $ — Total liabilities measured at fair value ​ $ 1,904 ​ $ — ​ $ 1,904 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for Observable Unobservable ​ ​ December 31, ​ Identical Assets ​ Inputs ​ Inputs ​ ​ 2022 ​ (Level 1) ​ (Level 2) ​ (Level 3) Deferred compensation plan investments ​ $ 29,245 ​ $ 29,245 ​ $ — ​ $ — Variable to fixed interest rate swaps ​ ​ 11,350 ​ ​ — ​ ​ 11,350 ​ ​ — Total assets measured at fair value ​ $ 40,595 ​ $ 29,245 ​ $ 11,350 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable to fixed interest rate swaps ​ $ 1,164 ​ $ — ​ $ 1,164 ​ $ — Total liabilities measured at fair value ​ $ 1,164 ​ $ — ​ $ 1,164 ​ $ — ​ The remainder of the assets and liabilities held by the Company at March 31, 2023 are not required to be recorded at fair value, and the carrying value of these assets and liabilities approximates fair value, except as described below. The Company has outstanding $600.0 million in aggregate principal amount of $600 million 4.50% senior notes. The carrying value of these notes at March 31, 2023 was $592.1 million, net of unamortized deferred financing costs (“DFCs”). The fair value of these notes, based upon quoted market prices (Level 1), was $542.2 million at March 31, 2023. The Company has outstanding $700.0 million in aggregate principal amount of $700 million 4.75% senior notes. The carrying value of these notes at March 31, 2023 was $694.0 million, net of unamortized DFCs and premiums. The fair value of these notes, based upon quoted market prices (Level 1), was $658.9 million at March 31, 2023.

Financial Reporting By Business

Financial Reporting By Business Segments	3 Months Ended
	Mar. 31, 2023
Financial Reporting By Business Segments
Financial Reporting By Business Segments	17. FINANCIAL REPORTING BY BUSINESS SEGMENTS: The Company’s operations are organized into three principal business segments: ● Hospitality , which includes the Gaylord Hotels properties, the Inn at Opryland and the AC Hotel; ● Entertainment , which includes the OEG business, specifically the Grand Ole Opry, the Ryman Auditorium, WSM-AM, Ole Red, Block 21, the Company’s equity investment in Circle, and the Company’s Nashville-based attractions; and ● Corporate and Other , which includes the Company’s corporate expenses. The following information is derived directly from the segments’ internal financial reports used for corporate management purposes (amounts in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ March 31, ​ ​ 2023 2022 Revenues: ​ ​ Hospitality ​ $ 424,439 ​ $ 261,111 ​ Entertainment ​ 67,280 ​ 38,024 ​ Corporate and Other ​ — ​ — ​ Total ​ $ 491,719 ​ $ 299,135 ​ ​ ​ ​ ​ ​ ​ ​ ​ Depreciation and amortization: ​ ​ ​ Hospitality ​ $ 42,875 ​ $ 52,271 ​ Entertainment ​ 5,265 ​ 3,552 ​ Corporate and Other ​ 217 ​ 205 ​ Total ​ $ 48,357 ​ $ 56,028 ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss): ​ ​ ​ Hospitality ​ $ 106,070 ​ $ 15,668 ​ Entertainment ​ 10,581 ​ 2,741 ​ Corporate and Other ​ (10,811) ​ (9,762) ​ Preopening costs ​ (190) ​ (304) ​ Loss on sale of assets ​ ​ — ​ ​ (469) ​ Total operating income ​ 105,650 ​ 7,874 ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest expense ​ (42,528) ​ (31,937) ​ Interest income ​ 2,547 ​ 1,381 ​ Loss from unconsolidated joint ventures ​ (2,806) ​ (2,627) ​ Other gains and (losses), net ​ (236) ​ 447 ​ Income (loss) before income taxes ​ $ 62,627 ​ $ (24,862) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, December 31, ​ ​ 2023 ​ 2022 Identifiable assets: ​ ​ Hospitality ​ $ 3,213,984 ​ $ 3,314,444 Entertainment ​ 518,029 ​ 502,913 Corporate and Other ​ 302,666 ​ 223,266 Total identifiable assets ​ $ 4,034,679 ​ $ 4,040,623 ​

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
Basis of Presentation
Revenue Recognition	Revenues from occupied hotel rooms are recognized over time as the daily hotel stay is provided to hotel groups and guests. Revenues from concessions, food and beverage sales, and group meeting services are recognized over the period or at the point in time those goods or services are delivered to the hotel group or guest. Revenues from ancillary services at the Company’s hotels, such as spa, parking, and transportation services, are generally recognized at the time the goods or services are provided. Cancellation fees and attrition fees, which are charged to groups when they do not fulfill the minimum number of room nights or minimum food and beverage spending requirements originally contracted for, are generally recognized as revenue in the period the Company determines it is probable that a significant reversal in the amount of revenue recognized will not occur, which is typically the period these fees are collected. The Company generally recognizes revenues from the Entertainment segment at the point in time that services are provided or goods are delivered or shipped to the customer, as applicable. Entertainment segment revenues from licenses of content are recognized at the point in time the content is delivered to the licensee and the licensee can use and benefit from the content. Revenue related to content provided to Circle is eliminated for the portion of Circle that the Company owns. Almost all of the Company’s revenues are either cash-based or, for meeting and convention groups who meet the Company’s credit criteria, billed and collected on a short-term receivables basis. The Company is required to collect certain taxes from customers on behalf of government agencies and remit these to the applicable governmental entity on a periodic basis. These taxes are collected from customers at the time of purchase but are not included in revenue. The Company records a liability upon collection of such taxes from the customer and relieves the liability when payments are remitted to the applicable governmental agency.
Deferred Revenue	The Company records deferred revenues when cash payments are received in advance of its performance obligations, primarily related to advanced deposits on hotel rooms and advanced ticketing at its OEG venues.
Newly Issued Accounting Standards	Newly Issued Accounting Standards In March 2020, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2020-04, “ Reference Rate Reform – Facilitation of the Effects of Reference Rate Reform on Financial Reporting Reference Rate Reform – Deferral of the Sunset Date of Topic 848

Revenues (Tables)

Revenues (Tables)	3 Months Ended
	Mar. 31, 2023
Revenues
Revenues Disaggregated by Major Source	The Company’s revenues disaggregated by major source are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, ​ 2023 2022 Hotel group rooms ​ $ 120,513 ​ $ 62,478 Hotel transient rooms ​ 40,738 39,115 Hotel food and beverage - banquets ​ 160,499 72,824 Hotel food and beverage - outlets ​ 55,305 39,292 Hotel other ​ 47,384 47,402 Entertainment admissions/ticketing ​ 22,156 15,549 Entertainment food and beverage ​ 24,066 14,361 Entertainment produced content ​ ​ 1,134 ​ ​ 1,468 Entertainment retail and other ​ 19,924 6,646 Total revenues $ 491,719 $ 299,135 ​
Hospitality Segment Revenues Disaggregated by Location	The Company’s Hospitality segment revenues disaggregated by location are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, ​ 2023 2022 Gaylord Opryland $ 111,806 ​ $ 73,519 Gaylord Palms ​ 84,546 ​ 59,848 Gaylord Texan ​ 86,398 ​ 56,636 Gaylord National ​ 72,772 ​ 32,587 Gaylord Rockies ​ ​ 64,047 ​ ​ 34,787 AC Hotel ​ 2,211 ​ 1,607 Inn at Opryland ​ 2,659 ​ 2,127 Total Hospitality segment revenues ​ $ 424,439 ​ $ 261,111 ​

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Numerator:
Weighted Average Number of Common Shares Outstanding	The computation of basic and diluted earnings per common share is as follows (in thousands, except per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ ​ March 31, ​ ​ ​ 2023 ​ 2022 ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) available to common stockholders ​ $ 61,320 ​ $ (24,621) ​ ​ Net loss attributable to noncontrolling interest in consolidated joint venture ​ (763) ​ ​ — ​ ​ Net income (loss) available to common stockholders - if-converted method ​ $ 60,557 ​ $ (24,621) ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding - basic ​ ​ 55,182 ​ ​ 55,086 ​ ​ Effect of dilutive stock-based compensation ​ ​ 281 ​ ​ — ​ ​ Effect of dilutive put rights ​ 3,863 ​ — ​ ​ Weighted average shares outstanding - diluted ​ 59,326 ​ 55,086 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic income (loss) per share available to common stockholders ​ $ 1.11 ​ $ (0.45) ​ ​ Diluted income (loss) per share available to common stockholders ​ $ 1.02 ​ $ (0.45) ​ ​ ​

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2023
Equity
Summary of Changes in Accumulated Other Comprehensive Loss by Component	​ Changes in accumulated other comprehensive loss by component for the three months ended March 31, 2023 and 2022 consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other-Than- ​ ​ ​ ​ ​ ​ ​ Minimum ​ Temporary ​ ​ ​ ​ ​ ​ ​ Pension ​ Impairment of ​ Interest Rate ​ ​ ​ ​ Liability Investment Derivatives Total Balance, December 31, 2022 ​ $ (18,021) ​ $ (3,087) ​ $ 10,185 ​ $ (10,923) Losses arising during period ​ ​ — ​ ​ — ​ ​ (1,010) ​ ​ (1,010) Amounts reclassified from accumulated other comprehensive loss ​ ​ (67) ​ 53 ​ (5,268) ​ (5,282) Net other comprehensive income (loss) ​ (67) ​ 53 ​ (6,278) ​ (6,292) Balance, March 31, 2023 ​ $ (18,088) ​ $ (3,034) ​ $ 3,907 ​ $ (17,215) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other-Than- ​ ​ ​ ​ ​ ​ ​ Minimum ​ Temporary ​ ​ ​ ​ ​ ​ ​ Pension ​ Impairment of ​ Interest Rate ​ ​ ​ ​ Liability Investment Derivatives Total Balance, December 31, 2021 ​ $ (16,419) ​ $ (3,298) ​ $ (9,363) ​ $ (29,080) Gains arising during period ​ ​ — ​ ​ — ​ ​ 6,070 ​ ​ 6,070 Amounts reclassified from accumulated other comprehensive loss ​ (86) ​ 53 ​ 3,949 ​ 3,916 Net other comprehensive income (loss) ​ (86) ​ 53 ​ 10,019 ​ 9,986 Balance, March 31, 2022 ​ $ (16,505) ​ $ (3,245) ​ $ 656 ​ $ (19,094)

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Property and Equipment
Property and Equipment	Property and equipment, including right-of-use finance lease assets, at March 31, 2023 and December 31, 2022 is recorded at cost (except for right-of-use finance lease assets) and summarized as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 Land and land improvements ​ $ 451,422 ​ $ 443,469 Buildings ​ 3,801,386 ​ 3,785,968 Furniture, fixtures and equipment ​ 1,027,535 ​ 1,015,078 Right-of-use finance lease assets ​ ​ 1,613 ​ ​ 1,613 Construction-in-progress ​ 53,128 ​ 50,312 ​ ​ 5,335,084 ​ 5,296,440 Accumulated depreciation and amortization ​ (2,171,184) ​ (2,124,732) Property and equipment, net ​ $ 3,163,900 ​ $ 3,171,708

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2023
Debt
Summary of Debt and Finance Lease Obligations	The Company’s debt and finance lease obligations at March 31, 2023 and December 31, 2022 consisted of (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 $700M Revolving Credit Facility, interest at LIBOR plus 1.50%, maturing March 31, 2024 ​ $ — ​ $ — $500M Term Loan B, interest at LIBOR plus 2.00%, maturing May 11, 2024 ​ 370,000 ​ 371,250 $600M Senior Notes, interest at 4.50%, maturing February 15, 2029 ​ 600,000 ​ 600,000 $700M Senior Notes, interest at 4.75%, maturing October 15, 2027 ​ 700,000 ​ 700,000 $800M Gaylord Rockies Term Loan, interest at LIBOR plus 2.50%, maturing July 2, 2023 ​ 800,000 ​ 800,000 $300M OEG Term Loan, interest at SOFR plus 5.00%, maturing June 16, 2029 ​ 298,500 ​ 299,250 $65M OEG Revolver, interest at SOFR plus 4.75%, maturing June 16, 2027 ​ 7,000 ​ — Block 21 CMBS Loan, interest at 5.58%, maturing January 5, 2026 ​ ​ 133,934 ​ ​ 134,636 Finance lease obligations ​ ​ 618 ​ ​ 685 Unamortized deferred financing costs ​ ​ (30,912) ​ ​ (30,482) Unamortized discount ​ ​ (12,242) ​ ​ (12,747) Total debt ​ $ 2,866,898 ​ $ 2,862,592 ​
Schedule of Fair Value of the Company's Derivative Financial Instruments	The estimated fair value of the Company’s derivative financial instruments at March 31, 2023 and December 31, 2022 is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Estimated Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Asset (Liability) Balance ​ ​ ​ ​ Strike ​ ​ ​ ​ ​ Notional ​ March 31, ​ December 31, Hedged Debt ​ Type ​ Rate ​ Index ​ Maturity Date ​ Amount ​ 2023 ​ 2022 Term Loan B ​ Interest Rate Swap ​ 1.2235% ​ 1-month LIBOR ​ May 11, 2023 ​ $ 87,500 ​ $ 356 ​ $ 1,096 Term Loan B ​ Interest Rate Swap ​ 1.2235% ​ 1-month LIBOR ​ May 11, 2023 ​ ​ 87,500 ​ ​ 356 ​ ​ 1,096 Term Loan B ​ Interest Rate Swap ​ 1.2235% ​ 1-month LIBOR ​ May 11, 2023 ​ ​ 87,500 ​ ​ 356 ​ ​ 1,096 Term Loan B ​ Interest Rate Swap ​ 1.2315% ​ 1-month LIBOR ​ May 11, 2023 ​ ​ 87,500 ​ ​ 355 ​ ​ 1,093 Gaylord Rockies Term Loan ​ Interest Rate Swap ​ 3.3410% ​ 1-month LIBOR ​ August 1, 2023 ​ ​ 800,000 ​ ​ 4,388 ​ ​ 6,969 OEG Term Loan ​ Interest Rate Swap ​ 4.5330% ​ 3-month SOFR ​ December 18, 2025 ​ ​ 100,000 ​ ​ (1,904) ​ ​ (1,164) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 3,907 ​ $ 10,186 ​
Summary of Effect of Derivative Financial Instruments on the Accompanying Consolidated Statements of Operations	The effect of the Company’s derivative financial instruments on the accompanying condensed consolidated statements of operations for the respective periods is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of Gain (Loss) ​ ​ ​ ​ ​ Amount of Gain (Loss) ​ ​ ​ Recognized in OCI on ​ ​ ​ ​ ​ Reclassified from Accumulated ​ ​ ​ Derivative ​ Location of Gain (Loss) ​ OCI into Income (Expense) ​ ​ ​ Three Months Ended ​ Reclassified from ​ Three Months Ended ​ ​ ​ March 31, ​ Accumulated OCI ​ March 31, ​ ​ ​ 2023 ​ 2022 into Income (Expense) 2023 ​ 2022 Derivatives in Cash Flow Hedging Relationships: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps ​ $ (1,010) ​ $ 6,070 ​ Interest expense ​ $ 5,268 ​ $ (3,949) ​ Total derivatives ​ $ (1,010) ​ $ 6,070 ​ ​ ​ ​ ​ $ 5,268 ​ $ (3,949) ​ ​

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases
Schedule of Company's Lease Cost	The Company’s lease costs for the three months ended March 31, 2023 and 2022 are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ March 31, ​ ​ ​ 2023 ​ 2022 ​ Operating lease cost ​ $ 4,657 ​ $ 3,536 ​ Finance lease cost: ​ ​ ​ ​ ​ ​ ​ Amortization of right-of-use assets ​ 31 ​ 31 ​ Interest on lease liabilities ​ 6 ​ 8 ​ Net lease cost ​ $ 4,694 ​ $ 3,575 ​
Summary of Maturities of Operating Lease Liabilities	Future minimum lease payments under non-cancelable leases at March 31, 2023 are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating Finance ​ ​ Leases ​ Leases Year 1 ​ $ 7,883 ​ $ 153 Year 2 ​ 8,885 ​ 46 Year 3 ​ 8,886 ​ 46 Year 4 ​ 8,983 ​ 46 Year 5 ​ 8,979 ​ 46 Years thereafter ​ 562,853 ​ 462 Total future minimum lease payments ​ 606,469 ​ 799 Less amount representing interest ​ (480,281) ​ ​ (181) Total present value of minimum payments ​ $ 126,188 ​ $ 618
Summary of Maturities of Finance Lease Liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ Operating Finance ​ ​ Leases ​ Leases Year 1 ​ $ 7,883 ​ $ 153 Year 2 ​ 8,885 ​ 46 Year 3 ​ 8,886 ​ 46 Year 4 ​ 8,983 ​ 46 Year 5 ​ 8,979 ​ 46 Years thereafter ​ 562,853 ​ 462 Total future minimum lease payments ​ 606,469 ​ 799 Less amount representing interest ​ (480,281) ​ ​ (181) Total present value of minimum payments ​ $ 126,188 ​ $ 618
Schedule of Remaining Lease Term and Discount Rate of Leases	​ ​ ​ ​ Weighted-average remaining lease term: ​ ​ Operating leases 44.0 years Finance leases 12.4 years Weighted-average discount rate: ​ ​ Operating leases 7.0 % Finance leases 4.0 %

Pension Plans (Tables)

Pension Plans (Tables)	3 Months Ended
	Mar. 31, 2023
Pension Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net Periodic Pension and Postretirement Benefit (Income) Expense	Net periodic pension (income) expense reflected in other gains and (losses), net in the accompanying condensed consolidated statements of operations included the following components for the respective periods (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ March 31, ​ ​ 2023 2022 Interest cost ​ $ 825 ​ $ 526 ​ Expected return on plan assets ​ (730) ​ (1,031) ​ Amortization of net actuarial loss ​ 228 ​ 200 ​ Total net periodic pension (income) expense ​ $ 323 ​ $ (305) ​

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Measurements
Assets and Liabilities Measured at Fair Value on Recurring Basis	The Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2023 and December 31, 2022, were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for Observable Unobservable ​ ​ March 31, ​ Identical Assets ​ Inputs ​ Inputs ​ ​ 2023 ​ (Level 1) ​ (Level 2) ​ (Level 3) Deferred compensation plan investments ​ $ 30,335 ​ $ 30,335 ​ $ — ​ $ — Variable to fixed interest rate swaps ​ ​ 5,811 ​ ​ — ​ ​ 5,811 ​ ​ — Total assets measured at fair value ​ $ 36,146 ​ $ 30,335 ​ $ 5,811 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable to fixed interest rate swaps ​ $ 1,904 ​ $ — ​ $ 1,904 ​ $ — Total liabilities measured at fair value ​ $ 1,904 ​ $ — ​ $ 1,904 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for Observable Unobservable ​ ​ December 31, ​ Identical Assets ​ Inputs ​ Inputs ​ ​ 2022 ​ (Level 1) ​ (Level 2) ​ (Level 3) Deferred compensation plan investments ​ $ 29,245 ​ $ 29,245 ​ $ — ​ $ — Variable to fixed interest rate swaps ​ ​ 11,350 ​ ​ — ​ ​ 11,350 ​ ​ — Total assets measured at fair value ​ $ 40,595 ​ $ 29,245 ​ $ 11,350 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable to fixed interest rate swaps ​ $ 1,164 ​ $ — ​ $ 1,164 ​ $ — Total liabilities measured at fair value ​ $ 1,164 ​ $ — ​ $ 1,164 ​ $ — ​

Financial Reporting By Busine_2

Financial Reporting By Business Segments (Tables)	3 Months Ended
	Mar. 31, 2023
Financial Reporting By Business Segments
Segments' Internal Financial Reports	The following information is derived directly from the segments’ internal financial reports used for corporate management purposes (amounts in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ March 31, ​ ​ 2023 2022 Revenues: ​ ​ Hospitality ​ $ 424,439 ​ $ 261,111 ​ Entertainment ​ 67,280 ​ 38,024 ​ Corporate and Other ​ — ​ — ​ Total ​ $ 491,719 ​ $ 299,135 ​ ​ ​ ​ ​ ​ ​ ​ ​ Depreciation and amortization: ​ ​ ​ Hospitality ​ $ 42,875 ​ $ 52,271 ​ Entertainment ​ 5,265 ​ 3,552 ​ Corporate and Other ​ 217 ​ 205 ​ Total ​ $ 48,357 ​ $ 56,028 ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss): ​ ​ ​ Hospitality ​ $ 106,070 ​ $ 15,668 ​ Entertainment ​ 10,581 ​ 2,741 ​ Corporate and Other ​ (10,811) ​ (9,762) ​ Preopening costs ​ (190) ​ (304) ​ Loss on sale of assets ​ ​ — ​ ​ (469) ​ Total operating income ​ 105,650 ​ 7,874 ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest expense ​ (42,528) ​ (31,937) ​ Interest income ​ 2,547 ​ 1,381 ​ Loss from unconsolidated joint ventures ​ (2,806) ​ (2,627) ​ Other gains and (losses), net ​ (236) ​ 447 ​ Income (loss) before income taxes ​ $ 62,627 ​ $ (24,862) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, December 31, ​ ​ 2023 ​ 2022 Identifiable assets: ​ ​ Hospitality ​ $ 3,213,984 ​ $ 3,314,444 Entertainment ​ 518,029 ​ 502,913 Corporate and Other ​ 302,666 ​ 223,266 Total identifiable assets ​ $ 4,034,679 ​ $ 4,040,623

Basis of Presentation (Details)

Basis of Presentation (Details) - item	Mar. 31, 2023	Apr. 30, 2019
Ryman Hospitality Properties, Inc [Member]
Schedule of Equity Method Investments [Line Items]
Retained equity interest	99.30%
Circle [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%	50%
Opry Entertainment Group [Member]
Schedule of Equity Method Investments [Line Items]
Number of Nashville based assets managed by Marriott	2
Opry Entertainment Group [Member] | Ryman Hospitality Properties, Inc [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	70%
Retained equity interest	70%

Basis of Presentation - OEG Tra

Basis of Presentation - OEG Transaction (Details) - USD ($) $ in Millions	Jun. 16, 2022	Mar. 31, 2023
Ryman Hospitality Properties, Inc [Member]
Schedule of Equity Method Investments [Line Items]
Retained equity interest		99.30%
Ryman Hospitality Properties, Inc [Member] | Opry Entertainment Group [Member]
Schedule of Equity Method Investments [Line Items]
Retained equity interest		70%
Investor | OEG Attractions Holdings, LLC
Schedule of Equity Method Investments [Line Items]
Sale proceeds	$ 296
Investor | OEG Attractions Holdings, LLC | Noncontrolling Investor [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	30%

Block 21 Transaction - Narrativ

Block 21 Transaction - Narratives (Details) - Block 21 [Member] $ in Millions	May 31, 2022 USD ($) ft² room item
Business Acquisition [Line Items]
Stated purchase price	$ 260
Purchase price	255
Liabilities assumed	$ 136
ACL Live at Moody Theater [Member]
Business Acquisition [Line Items]
Seat capacity | item	2,750
W Austin Hotel [Member]
Business Acquisition [Line Items]
Number of hotel rooms | room	251
Class A Commercial Space [Member]
Business Acquisition [Line Items]
Net rentable area, commercial space | ft²	53,000

Revenues - Revenues Disaggregat

Revenues - Revenues Disaggregated by Major Source (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Total revenues	$ 491,719	$ 299,135
Rooms [Member]
Disaggregation of Revenue [Line Items]
Total revenues	161,251	101,593
Hotel Group Rooms [Member]
Disaggregation of Revenue [Line Items]
Total revenues	120,513	62,478
Hotel Transient Rooms [Member]
Disaggregation of Revenue [Line Items]
Total revenues	40,738	39,115
Food and Beverage [Member]
Disaggregation of Revenue [Line Items]
Total revenues	215,804	112,116
Hotel Food And Beverage Banquets [Member]
Disaggregation of Revenue [Line Items]
Total revenues	160,499	72,824
Hotel Food And Beverage Outlets [Member]
Disaggregation of Revenue [Line Items]
Total revenues	55,305	39,292
Hotel, Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	47,384	47,402
Entertainment Segment [Member]
Disaggregation of Revenue [Line Items]
Total revenues	67,280	38,024
Entertainment Admissions And Ticketing [Member]
Disaggregation of Revenue [Line Items]
Total revenues	22,156	15,549
Entertainment Food And Beverage [Member]
Disaggregation of Revenue [Line Items]
Total revenues	24,066	14,361
Entertainment Produced Content [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,134	1,468
Entertainment Retail And Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 19,924	$ 6,646

Revenues - Hospitality Segment

Revenues - Hospitality Segment Revenues Disaggregated by Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Total revenues	$ 491,719	$ 299,135
Hospitality [Member]
Disaggregation of Revenue [Line Items]
Total revenues	424,439	261,111
Hospitality [Member] | Gaylord Opryland [Member]
Disaggregation of Revenue [Line Items]
Total revenues	111,806	73,519
Hospitality [Member] | Gaylord Palms [Member]
Disaggregation of Revenue [Line Items]
Total revenues	84,546	59,848
Hospitality [Member] | Gaylord Texan [Member]
Disaggregation of Revenue [Line Items]
Total revenues	86,398	56,636
Hospitality [Member] | Gaylord National [Member]
Disaggregation of Revenue [Line Items]
Total revenues	72,772	32,587
Hospitality [Member] | Gaylord Rockies [Member]
Disaggregation of Revenue [Line Items]
Total revenues	64,047	34,787
Hospitality [Member] | AC Hotel [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,211	1,607
Hospitality [Member] | Inn at Opryland [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 2,659	$ 2,127

Revenues - Additional Informati

Revenues - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Contract with Customer, Liability [Abstract]
Deferred revenues	$ 163.4	$ 136.5
Change in Contract with Customer, Liability [Abstract]
Revenue recognized	$ 70.1

Income (Loss) Per Share (Detail

Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Numerator:
Net income (loss) available to common shareholders	$ 61,320	$ (24,621)
Net income attributable to noncontrolling interest in consolidated joint venture	(763)
Net income (loss) available to common shareholders - if-converted method	$ 60,557	$ (24,621)
Denominator:
Weighted average shares outstanding - basic (in shares)	55,182	55,086
Effect of dilutive stock-based compensation (in shares)	281
Effect of dilutive put rights (in shares)	3,863
Weighted average shares outstanding - diluted (in shares)	59,326	55,086
Basic income (loss) per share available to common stockholders	$ 1.11	$ (0.45)
Diluted income (loss) per share available to common stockholders	$ 1.02	$ (0.45)

Income (Loss) Per Share - Addit

Income (Loss) Per Share - Additional Information (Details) shares in Millions	3 Months Ended
	Mar. 31, 2022 shares
Stock-based compensation
INCOME PER SHARE
Anti-dilutive securities excluded from EPS computation	0.3

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Summary of Changes in Accumulated Other Comprehensive Loss by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ 95,276
Transition adjustment	(959,199)		$ (978,619)
Transition adjustment	(17,215)		$ (10,923)
Ending balance	99,511
Interest Rate Derivatives [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	10,185	$ (9,363)
Gains (losses) arising during period	(1,010)	6,070
Amounts reclassified from accumulated other comprehensive loss	(5,268)	3,949
Net other comprehensive income (loss)	(6,278)	10,019
Ending balance	3,907	656
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(18,021)	(16,419)
Amounts reclassified from accumulated other comprehensive loss	(67)	(86)
Net other comprehensive income (loss)	(67)	(86)
Ending balance	(18,088)	(16,505)
Accumulated Other-than-Temporary Impairment of Investment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(3,087)	(3,298)
Amounts reclassified from accumulated other comprehensive loss	53	53
Net other comprehensive income (loss)	53	53
Ending balance	(3,034)	(3,245)
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(10,923)	(29,080)
Gains (losses) arising during period	(1,010)	6,070
Amounts reclassified from accumulated other comprehensive loss	(5,282)	3,916
Net other comprehensive income (loss)	(6,292)	9,986
Ending balance	$ (17,215)	$ (19,094)

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Right-of-use finance lease assets	$ 1,613	$ 1,613
Property and equipment, gross	5,335,084	5,296,440
Accumulated depreciation	(2,171,184)	(2,124,732)
Property and equipment, net	3,163,900	3,171,708
Land and land improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	451,422	443,469
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,801,386	3,785,968
Furniture and Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,027,535	1,015,078
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 53,128	$ 50,312

Notes Receivable - General Info

Notes Receivable - General Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate carrying values	$ 64,209	$ 67,628
Transition adjustment	$ (959,199)	(978,619)
Bonds A Series [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maturity date of notes receivable	Jul. 01, 2034
Bonds B Series [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maturity date of notes receivable	Sep. 01, 2037
Bonds A and B Series [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate carrying values	$ 64,200	$ 67,600
Credit loss reserve	$ 38,000

Notes Receivable - Interest Inc

Notes Receivable - Interest Income and Payment Received (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest income	$ 2,547	$ 1,381
Payment received relating to notes receivables	2,143	2,381
Notes Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payment received relating to notes receivables	4,700	5,100
Accrued interest receivable	39,800		$ 41,000
Bonds A and B Series [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest income	$ 1,300	$ 1,300

Debt - Debt and Capital Lease O

Debt - Debt and Capital Lease Obligations (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Finance lease obligations	$ 618	$ 685
Unamortized deferred financing costs	(30,912)	(30,482)
Unamortized discount	(12,242)	(12,747)
Total debt	2,866,898	2,862,592
Line of Credit [Member] | $65M OEG Revolver [Member]
Debt Instrument [Line Items]
Line of credit	7,000
Secured Debt [Member] | $500 Million Term Loan B [Member]
Debt Instrument [Line Items]
Secured debt	370,000	371,250
Secured Debt [Member] | $800M Gaylord Rockies Term Loan [Member]
Debt Instrument [Line Items]
Secured debt	800,000	800,000
Secured Debt [Member] | $300M OEG Term Loan [Member]
Debt Instrument [Line Items]
Secured debt	298,500	299,250
Secured Debt [Member] | Block 21 CMBS Loan [Member]
Debt Instrument [Line Items]
Secured debt	133,934	134,636
Senior Notes [Member] | $600 Million 4.50% Senior Notes [Member]
Debt Instrument [Line Items]
Unsecured debt	600,000	600,000
Senior Notes [Member] | $700 Million 4.75% Senior Note [Member]
Debt Instrument [Line Items]
Unsecured debt	$ 700,000	$ 700,000

Debt - Summary of Debt and Capi

Debt - Summary of Debt and Capital Lease Obligations - General Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
$600 Million 4.50% Senior Notes [Member]
Debt Instrument [Line Items]
Face amount	$ 600,000,000
Line of Credit [Member] | $65M OEG Revolver [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 65,000,000
Credit facility, maturity date	Jun. 16, 2027
Line of Credit [Member] | Revolving Credit Facility [Member] | $700 Million Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 700,000,000
Credit facility, maturity date	Mar. 31, 2024
Line of Credit [Member] | Revolving Credit Facility [Member] | $700 Million Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Spread rate (as a percent)	1.50%
Line of Credit [Member] | Revolving Credit Facility [Member] | $65M OEG Revolver [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument [Line Items]
Spread rate (as a percent)	4.75%
Secured Debt [Member] | $500 Million Term Loan B [Member]
Debt Instrument [Line Items]
Face amount	$ 500,000,000	$ 500,000,000
Debt instrument, maturity date	May 11, 2024
Secured Debt [Member] | $500 Million Term Loan B [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Spread rate (as a percent)	2%
Secured Debt [Member] | $800M Gaylord Rockies Term Loan [Member]
Debt Instrument [Line Items]
Face amount	$ 800,000,000
Debt instrument, maturity date	Jul. 02, 2023
Secured Debt [Member] | $800M Gaylord Rockies Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Spread rate (as a percent)	2.50%
Secured Debt [Member] | $300M OEG Term Loan [Member]
Debt Instrument [Line Items]
Face amount	$ 300,000,000
Debt instrument, maturity date	Jun. 16, 2029
Secured Debt [Member] | $300M OEG Term Loan [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument [Line Items]
Spread rate (as a percent)	5%
Secured Debt [Member] | Block 21 CMBS Loan [Member]
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.58%
Debt instrument, maturity date	Jan. 05, 2026
Senior Notes [Member] | $600 Million 4.50% Senior Notes [Member]
Debt Instrument [Line Items]
Face amount	$ 600,000,000
Stated interest rate (as a percent)	4.50%
Debt instrument, maturity date	Feb. 15, 2029
Senior Notes [Member] | $700 Million 4.75% Senior Note [Member]
Debt Instrument [Line Items]
Face amount	$ 700,000,000
Stated interest rate (as a percent)	4.75%
Debt instrument, maturity date	Oct. 15, 2027

Debt (Narrative) (Details)

Debt (Narrative) (Details) - Secured Debt [Member] - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Amortization term	30 years
$800M Gaylord Rockies Term Loan [Member]
Debt Instrument [Line Items]
Face amount	$ 800,000,000
$500 Million Term Loan B [Member]
Debt Instrument [Line Items]
Face amount	500,000,000	$ 500,000,000
Percentage of amortization of original principal balance (as a percent)		1%
$300M OEG Term Loan [Member]
Debt Instrument [Line Items]
Face amount	$ 300,000,000
Percentage of amortization of original principal balance (as a percent)	1%
Block 21 CMBS Loan [Member]
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.58%

Debt - Block 21 CMBS Loan (Deta

Debt - Block 21 CMBS Loan (Details) - Secured Debt [Member]	3 Months Ended
	Mar. 31, 2023
Debt Instrument [Line Items]
Amortization term	30 years
Block 21 CMBS Loan [Member]
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.58%

Debt - Derivative Financial Ins

Debt - Derivative Financial Instruments (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Interest expense	$ 42,528,000	$ 31,937,000
Derivatives in Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivative	(1,010,000)	6,070,000
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense)	5,268,000	(3,949,000)
Derivatives in Cash Flow Hedging | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Estimated reclassification from AOCI to interest expenses	5,900,000
Interest rate swaps
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of derivative liability	1,900,000
Termination value in case of breach of provisions	2,000,000
Interest rate swaps | Derivatives in Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Estimated Fair Value Asset (Liability) Balance	3,907,000		$ 10,186,000
Amount of Gain (Loss) Recognized in OCI on Derivative	(1,010,000)	6,070,000
Interest rate swaps | Derivatives in Cash Flow Hedging | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Expense)	$ 5,268,000	$ (3,949,000)
$500 Million Term Loan B [Member] | Interest rate swaps | Derivative Instrument One Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging | London Interbank Offered Rate (LIBOR) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Strike rate	1.2235%
Derivative, maturity date	May 11, 2023
Notional amount	$ 87,500,000
Estimated Fair Value Asset (Liability) Balance	$ 356,000		1,096,000
$500 Million Term Loan B [Member] | Interest rate swaps | Derivative Instrument Two Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging | London Interbank Offered Rate (LIBOR) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Strike rate	1.2235%
Derivative, maturity date	May 11, 2023
Notional amount	$ 87,500,000
Estimated Fair Value Asset (Liability) Balance	$ 356,000		1,096,000
$500 Million Term Loan B [Member] | Interest rate swaps | Derivative Instrument Three Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging | London Interbank Offered Rate (LIBOR) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Strike rate	1.2235%
Derivative, maturity date	May 11, 2023
Notional amount	$ 87,500,000
Estimated Fair Value Asset (Liability) Balance	$ 356,000		1,096,000
$500 Million Term Loan B [Member] | Interest rate swaps | Derivative Instrument Four Term Loan B Maturing on May 11, 2023 [Member] | Derivatives in Cash Flow Hedging | London Interbank Offered Rate (LIBOR) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Strike rate	1.2315%
Derivative, maturity date	May 11, 2023
Notional amount	$ 87,500,000
Estimated Fair Value Asset (Liability) Balance	355,000		1,093,000
$500 Million Term Loan B [Member] | Secured Debt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Face amount	$ 500,000,000		500,000,000
$800M Gaylord Rockies Term Loan [Member] | Interest rate swaps | Derivative Instrument Gaylord Rockies Term Loan Maturing on August 1, 2023 [Member] | Derivatives in Cash Flow Hedging | London Interbank Offered Rate (LIBOR) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Strike rate	3.341%
Derivative, maturity date	Aug. 01, 2023
Notional amount	$ 800,000,000
Estimated Fair Value Asset (Liability) Balance	4,388,000		6,969,000
$800M Gaylord Rockies Term Loan [Member] | Secured Debt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Face amount	$ 800,000,000
$300M OEG Term Loan [Member] | Interest rate swaps | Derivative Instrument OEG Term Loan Maturing on December 18, 2025 [Member] | Derivatives in Cash Flow Hedging | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Strike rate	4.533%
Derivative, maturity date	Dec. 18, 2025
Notional amount	$ 100,000,000
Estimated Fair Value Asset (Liability) Balance	(1,904,000)		$ (1,164,000)
$300M OEG Term Loan [Member] | Secured Debt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Face amount	$ 300,000,000

Deferred Management Rights Pr_2

Deferred Management Rights Proceeds (Details) - USD ($) $ in Millions		3 Months Ended
	Oct. 01, 2012	Mar. 31, 2023
Deferred Management Rights Proceeds
Sales price of management rights and intellectual property	$ 210
Purchase price allocated to the management rights	$ 190
Term of management rights for income amortization		65 years

Leases (Details)

Leases (Details)	3 Months Ended
	Mar. 31, 2023 a
Ole Red [Member] | Minimum [Member]
Lessee, Lease, Description [Line Items]
Operating lease, term of lease	5 years
Operating lease, renewal term	5 years
Ole Red [Member] | Maximum [Member]
Lessee, Lease, Description [Line Items]
Operating lease, term of lease	10 years
Operating lease, renewal term	55 years
Land in Osceola County, Florida [Member]
Lessee, Lease, Description [Line Items]
Area of leased property	65.3
Lease expiration year	2074
Expiration date of lease under extension	Jan. 31, 2101

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases
Operating lease cost	$ 4,657	$ 3,536
Finance lease cost:
Amortization of right-of-use assets	31	31
Interest on lease liabilities	6	8
Net lease cost	$ 4,694	$ 3,575

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Operating Lease Liabilities, Payments Due [Abstract]
Year 1	$ 7,883
Year 2	8,885
Year 3	8,886
Year 4	8,983
Year 5	8,979
Years thereafter	562,853
Total future minimum lease payments	606,469
Less amount representing interest	(480,281)
Total present value of minimum payments	126,188	$ 125,759
Finance Lease Liabilities, Payments, Due [Abstract]
Year 1	153
Year 2	46
Year 3	46
Year 4	46
Year 5	46
Years thereafter	462
Total future minimum lease payments	799
Less amount representing interest	(181)
Total present value of minimum payments	$ 618	$ 685

Leases - Discount Rate (Details

Leases - Discount Rate (Details)	Mar. 31, 2023
Weighted-average remaining lease term (years):
Operating leases	44 years
Finance leases	12 years 4 months 24 days
Operating leases	7%
Finance leases	4%

Stock Plans - Restricted Stock

Stock Plans - Restricted Stock Units - Weighted-Average Grant Date Fair Value of Units Granted (Details) - Restricted Stock Units (RSUs) - $ / shares shares in Millions	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Restricted stock award granted by Company (in shares)	0.2
Weighted-average grant-date fair value of restricted stock awards granted (in dollars per share)	$ 86.59
Restricted stock award, outstanding (in shares)	0.6	0.6

Stock Plans - Compensation Expe

Stock Plans - Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Stock Plans
Compensation cost on stock-based compensation plans	$ 3.7	$ 3.8

Pension Plans - Net Periodic Be

Pension Plans - Net Periodic Benefit Cost (Credit) (Details) - Pension Plan [Member] - Qualified Plan [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Interest cost	$ 825	$ 526
Expected return on plan assets	(730)	(1,031)
Amortization of net actuarial loss	228	200
Total net periodic pension (income) expense	$ 323	$ (305)

Income Taxes - Income Tax Provi

Income Taxes - Income Tax Provisions (Benefits) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Income Tax Expense (Benefit), Continuing Operations [Abstract]
Provision (benefit) for income taxes	$ 1,633	$ (65)
Unrecognized tax benefits	$ 0		$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2023	Apr. 30, 2019
Gaylord Rockies [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of guarantee repayment of principal debt	10%
Circle [Member]
Schedule of Equity Method Investments [Line Items]
Equity interest (as a percent)	50%			50%
Payments to Acquire Interest in Joint Venture	$ 4,000	$ 2,045
Capital contributions	$ 35,000
Circle [Member] | Maximum [Member]
Schedule of Equity Method Investments [Line Items]
Additional possible contribution			$ 8,200

Equity - Dividends (Details)

Equity - Dividends (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares
Equity
Dividend payable date declared	Feb. 23, 2023
Dividends declared per common share | $ / shares	$ 0.75
Aggregated dividend paid | $	$ 41.7
Dividend payable date of record	Mar. 31, 2023
Common stock dividend payable date	Apr. 17, 2023

Equity - Noncontrolling Interes

Equity - Noncontrolling Interest (Details)	3 Months Ended
	Mar. 31, 2023 shares
Schedule of Equity Method Investments [Line Items]
Redemption of Operating Partnership Units into Company's common stock (in shares)	1
Outstanding Operating Partnership Units	400,000
Gaylord Rockies [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of guarantee repayment of principal debt	10%
Noncontrolling Limited Partners [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	1%
Percentage of outstanding Operating Partnership Units held by the noncontrolling limited partners	1%
Ryman Hospitality Properties, Inc [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of outstanding Operating Partnership Units held by the company	99.30%

Equity - ATM Equity Distributio

Equity - ATM Equity Distribution Agreement (Details) - shares		3 Months Ended
	May 27, 2021	Mar. 31, 2023	Dec. 31, 2022
Subsidiary, Sale of Stock [Line Items]
Common stock, shares authorized (in shares)		400,000,000	400,000,000
At-the-Market Equity Distribution Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Maximum commission percent of gross sales	2%
Shares issued		0
At-the-Market Equity Distribution Agreement [Member] | Maximum [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock, shares authorized (in shares)	4,000,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value		$ 1,164
Variable to fixed interest rate swaps		11,350
Deferred compensation plan investments	$ 30,335	29,245
Total assets measured at fair value	36,146	40,595
Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Variable to fixed interest rate swaps	1,904	1,164
Variable to fixed interest rate swaps	5,811
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	1,904
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan investments	30,335	29,245
Total assets measured at fair value	30,335	29,245
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	1,904	1,164
Variable to fixed interest rate swaps		11,350
Total assets measured at fair value	5,811	11,350
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Variable to fixed interest rate swaps	1,904	$ 1,164
Variable to fixed interest rate swaps	$ 5,811

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	Mar. 31, 2023 USD ($)
$600 Million 4.50% Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Face amount	$ 600,000,000
Senior Notes [Member] | $600 Million 4.50% Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Face amount	$ 600,000,000
Stated interest rate (as a percent)	4.50%
Debt amount	$ 592,100,000
Fair value of notes	542,200,000
Senior Notes [Member] | $700 Million 4.75% Senior Note [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Face amount	$ 700,000,000
Stated interest rate (as a percent)	4.75%
Debt amount	$ 694,000,000
Fair value of notes	$ 658,900,000

Financial Reporting By Busine_3

Financial Reporting By Business Segments - General Information (Details)	3 Months Ended
	Mar. 31, 2023 segment
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Number of business segments	3

Financial Reporting By Busine_4

Financial Reporting By Business Segments - Internal Financial Reports (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information, Profit (Loss) [Abstract]
Total revenues	$ 491,719	$ 299,135
Depreciation and amortization	48,357	56,028
Preopening costs	(190)	(304)
Loss on sale of assets		(469)
Operating income (loss)	105,650	7,874
Interest expense	(42,528)	(31,937)
Interest income	2,547	1,381
Loss from unconsolidated joint ventures	(2,806)	(2,627)
Other gains and (losses), net	(236)	447
Income (loss) before income taxes	62,627	(24,862)
Hospitality [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Total revenues	424,439	261,111
Depreciation and amortization	42,875	52,271
Operating income (loss)	106,070	15,668
Entertainment [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Total revenues	67,280	38,024
Depreciation and amortization	5,265	3,552
Operating income (loss)	10,581	2,741
Corporate and Other [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Depreciation and amortization	217	205
Operating income (loss)	$ (10,811)	$ (9,762)

Financial Reporting By Busine_5

Financial Reporting By Business Segments - Identifiable Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Identifiable assets	$ 4,034,679	$ 4,040,623
Hospitality [Member]
Segment Reporting Information [Line Items]
Identifiable assets	3,213,984	3,314,444
Entertainment [Member]
Segment Reporting Information [Line Items]
Identifiable assets	518,029	502,913
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Identifiable assets	$ 302,666	$ 223,266