POS AM Filing

APPLE REIT TEN, INC. CIK: 1498864 FY 2011

Filing Information

Form Type	POS AM
Accession Number	`0000930413-12-001737`
Period End Date	20111231
Filing Date	20120322
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	apple10-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 40 Cash Flow Statement 52 Stockholders Equity 12

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate, net of accumulated depreciation of $6,009 and $0	`RealEstateInvestmentPropertyNet`	-	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $6,009 and $0	`RealEstateInvestmentPropertyNet`	$452.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.00K	USD	Point-in-time
Due from third party managers, net	`DueFromManagers`	$1.24M	USD	Point-in-time
Due from third party managers, net	`DueFromManagers`	-	USD	Point-in-time
Other assets, net	`OtherAssets`	$10.70M	USD	Point-in-time
Other assets, net	`OtherAssets`	$868.00K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$48.00K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$17.00K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$395.92M	USD	Point-in-time
Real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$6.01M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$992.00K	USD	Point-in-time
Real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	-	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$471.22M	USD	Point-in-time
Preferred stock, value issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, value issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, no par value, authorized 400,000,000 shares; issued and outstanding 43,502,273 and 10 shares, respectively	`CommonStockValue`	$424.63M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, no par value, authorized 400,000,000 shares; issued and outstanding 43,502,273 and 10 shares, respectively	`CommonStockValue`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-31.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.17M	USD	Point-in-time
Cumulative distributions paid	`AccumulatedDistributionsInExcessOfNetIncome`	-	USD	Point-in-time
Cumulative distributions paid	`AccumulatedDistributionsInExcessOfNetIncome`	$-23.59M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.50M	shares	Point-in-time
Notes payable	`SecuredDebt`	$69.64M	USD	Point-in-time
Notes payable	`SecuredDebt`	$400.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$575.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$5.67M	USD	Point-in-time
Total Liabilities	`Liabilities`	$75.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$975.00K	USD	Point-in-time
Total Assets	`Assets`	$992.00K	USD	Point-in-time
Total Assets	`Assets`	$471.22M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Operating expense	`DirectCostsOfHotels`	-	USD	2 Qtrs
Operating expense	`DirectCostsOfHotels`	$10.59M	USD	Annual
Hotel administrative expense	`CostOfOtherPropertyOperatingExpense`	-	USD	2 Qtrs
Hotel administrative expense	`CostOfOtherPropertyOperatingExpense`	$3.48M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$3.57M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	-	USD	2 Qtrs
Utilities	`UtilitiesCosts`	-	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$1.59M	USD	Annual
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	-	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$1.41M	USD	Annual
Franchise fees	`DirectOperatingCostRoyaltyExpense`	-	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$1.84M	USD	Annual
Management fees	`OwnedPropertyManagementCosts`	-	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$1.26M	USD	Annual
Taxes, insurance and other	`RealEstateTaxesAndInsurance`	$2.54M	USD	Annual
Taxes, insurance and other	`RealEstateTaxesAndInsurance`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$28.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.06M	USD	Annual
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$11.27M	USD	Annual
Depreciation expense	`Depreciation`	-	USD	2 Qtrs
Depreciation expense	`Depreciation`	$6.01M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-28.00K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-4.53M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-607.00K	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-3.00K	USD	2 Qtrs
Basic and diluted net loss per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-3.08K	USD	2 Qtrs
Basic and diluted net loss per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	Annual
Weighted average common shares outstandingbasic and diluted (in Shares)	`WeightedAverageCommonSharesOutstandingBasicAndDiluted`	0.00	shares	2 Qtrs
Weighted average common shares outstandingbasic and diluted (in Shares)	`WeightedAverageCommonSharesOutstandingBasicAndDiluted`	29.33M	shares	Annual
Net loss	`NetIncomeLoss`	$-31.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.13M	USD	Annual
Total revenue	`Revenues`	-	USD	2 Qtrs
Total revenue	`Revenues`	$42.09M	USD	Annual
Room revenue	`OccupancyRevenue`	-	USD	2 Qtrs
Room revenue	`OccupancyRevenue`	$37.91M	USD	Annual
Other revenue	`OtherHotelOperatingRevenue`	-	USD	2 Qtrs
Other revenue	`OtherHotelOperatingRevenue`	$4.18M	USD	Annual
Total expenses	`OperatingExpenses`	$28.00K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$46.62M	USD	Annual

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$399.77M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.00K	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.96M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$76.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$821.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-31.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.13M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-393.64M	USD	Annual
Net proceeds (disbursements) related to issuance of Units	`ProceedsFromIssuanceOfUnits`	$424.95M	USD	Annual
Net proceeds (disbursements) related to issuance of Units	`ProceedsFromIssuanceOfUnits`	$-318.00K	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$23.59M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Payments of notes payable	`ProceedsFromRepaymentsOfSecuredDebt`	$-273.00K	USD	Annual
Payments of notes payable	`ProceedsFromRepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$906.00K	USD	Annual
Deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Proceeds from (payments on) line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-400.00K	USD	Annual
Proceeds from (payments on) line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$400.00K	USD	2 Qtrs
Cash paid for the acquisition of hotel properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$391.84M	USD	Annual
Cash paid for the acquisition of hotel properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$433.00K	USD	Annual
Capital improvements	`PaymentsForCapitalImprovements`	-	USD	2 Qtrs
Capital improvements	`PaymentsForCapitalImprovements`	$1.30M	USD	Annual
Increase in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Increase in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$74.00K	USD	Annual
Notes payable assumed in acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	2 Qtrs
Notes payable assumed in acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$-69.41M	USD	Annual
Other assets assumed in acquisitions	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$4.07M	USD	Annual
Other assets assumed in acquisitions	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	-	USD	2 Qtrs
Other liabilities assumed in acquisitions	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	-	USD	2 Qtrs
Other liabilities assumed in acquisitions	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$4.14M	USD	Annual
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManager`	-	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManager`	$1.43M	USD	Annual
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$45.00K	USD	Annual
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.36M	USD	Annual
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$25.00K	USD	2 Qtrs
Interest paid	`InterestPaid`	$3.00K	USD	2 Qtrs
Interest paid	`InterestPaid`	$713.00K	USD	Annual
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$124.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$48.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$124.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$48.00K	USD	Point-in-time
Depreciation	`Depreciation`	-	USD	2 Qtrs
Depreciation	`Depreciation`	$6.01M	USD	Annual
Amortization of deferred financing costs, fair value adjustments and other noncash expenses	`AmortizationOfDeferredFinancingCostsFairValueAdjustments`	$52.00K	USD	Annual
Amortization of deferred financing costs, fair value adjustments and other noncash expenses	`AmortizationOfDeferredFinancingCostsFairValueAdjustments`	-	USD	2 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Cash distributions paid to shareholders	`CommonStockDividendsPerShareCashPaid`	$0.76	USD	Annual
Net loss	`NetIncomeLoss`	$-31.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.13M	USD	Annual
Balance	`StockholdersEquity`	$48.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$17.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$395.92M	USD	Point-in-time
Balance	`StockholdersEquity`	$48.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$17.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$395.92M	USD	Point-in-time
Net proceeds from the sale of common shares	`StockIssuedDuringPeriodValueNewIssues`	$424.57M	USD	Annual
Stock options granted	`StockGrantedDuringPeriodValueSharebasedCompensation`	$58.00K	USD	Annual
Cash distributions declared and paid to shareholders ($0.76 per share)	`DividendsCommonStockCash`	$-23.59M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.