10-K Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000950170-24-018793`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	aple-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 56 Cash Flow Statement 115 Stockholders Equity 29

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.66B	USD	Point-in-time
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.49B	USD	Point-in-time
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.31B	USD	Point-in-time
Investment in real estate, net of accumulated depreciation and amortization of $1,662,942 and $1,492,097, respectively	`RealEstateInvestmentPropertyNet`	$4.61B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation and amortization of $1,662,942 and $1,492,097, respectively	`RealEstateInvestmentPropertyNet`	$4.78B	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$15.28M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.28M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$28.81M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$39.44M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$36.67M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$33.33M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	241.52M	shares	Point-in-time
Due from third party managers, net	`DueFromManagers`	$43.33M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	228.64M	shares	Point-in-time
Due from third party managers, net	`DueFromManagers`	$36.44M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	228.64M	shares	Point-in-time
Other assets, net	`OtherAssets`	$74.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	241.52M	shares	Point-in-time
Other assets, net	`OtherAssets`	$64.59M	USD	Point-in-time
Total Assets	`Assets`	$4.77B	USD	Point-in-time
Total Assets	`Assets`	$4.94B	USD	Point-in-time
Debt, net	`LongTermDebt`	$1.37B	USD	Point-in-time
Debt, net	`LongTermDebt`	$1.37B	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$112.01M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$111.89M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$116.06M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$129.93M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.59B	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.61B	USD	Point-in-time
Preferred stock, authorized 30,000,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, authorized 30,000,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 241,515,532 and 228,644,861 shares, respectively	`CommonStockValue`	$4.79B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 241,515,532 and 228,644,861 shares, respectively	`CommonStockValue`	$4.58B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.88M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$20.40M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$1.49B	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$1.44B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.03B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.18B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.15B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.32B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.94B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.77B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$933.87M	USD	Annual
Total hotel operating expense	`CostOfGoodsAndServicesSold`	$780.73M	USD	Annual
Total hotel operating expense	`CostOfGoodsAndServicesSold`	$542.18M	USD	Annual
Total hotel operating expense	`CostOfGoodsAndServicesSold`	$710.48M	USD	Annual
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$71.98M	USD	Annual
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$72.91M	USD	Annual
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$79.31M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$47.40M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$42.46M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$41.04M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$26.18M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$10.75M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$5.64M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$183.24M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$181.70M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$184.47M	USD	Annual
Total expense	`CostsAndExpenses`	$1.03B	USD	Annual
Total expense	`CostsAndExpenses`	$1.10B	USD	Annual
Total expense	`CostsAndExpenses`	$850.42M	USD	Annual
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$3.60M	USD	Annual
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$1.78M	USD	Annual
Operating income	`OperatingIncomeLoss`	$247.48M	USD	Annual
Operating income	`OperatingIncomeLoss`	$206.48M	USD	Annual
Operating income	`OperatingIncomeLoss`	$87.04M	USD	Annual
Interest and other expense, net	`InterestIncomeExpenseNet`	$-67.75M	USD	Annual
Interest and other expense, net	`InterestIncomeExpenseNet`	$-59.73M	USD	Annual
Interest and other expense, net	`InterestIncomeExpenseNet`	$-68.86M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$178.62M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.30M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$146.75M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.14M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.94M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$468.00K	USD	Annual
Net income	`NetIncomeLoss`	$144.81M	USD	Annual
Net income	`NetIncomeLoss`	$18.83M	USD	Annual
Net income	`NetIncomeLoss`	$177.49M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$27.29M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-16.48M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$52.39M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$197.19M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.12M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$161.01M	USD	Annual
Basic net income per common share	`EarningsPerShareBasic`	$0.08	USD	Annual
Basic net income per common share	`EarningsPerShareBasic`	$0.63	USD	Annual
Basic net income per common share	`EarningsPerShareBasic`	$0.77	USD	Annual
Diluted net income per common share	`EarningsPerShareDiluted`	$0.77	USD	Annual
Diluted net income per common share	`EarningsPerShareDiluted`	$0.63	USD	Annual
Diluted net income per common share	`EarningsPerShareDiluted`	$0.08	USD	Annual
Weighted average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	226.36M	shares	Annual
Weighted average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	228.95M	shares	Annual
Weighted average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	229.33M	shares	Annual
Weighted average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	229.33M	shares	Annual
Weighted average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	226.36M	shares	Annual
Weighted average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	228.95M	shares	Annual

Cash Flow Statement 115 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$144.81M	USD	Annual
Net income	`NetIncomeLoss`	$18.83M	USD	Annual
Net income	`NetIncomeLoss`	$177.49M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$183.24M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$181.70M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$184.47M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$26.18M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$10.75M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$5.64M	USD	Annual
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$3.60M	USD	Annual
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$1.78M	USD	Annual
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-10.28M	USD	Annual
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-8.71M	USD	Annual
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-8.65M	USD	Annual
Decrease (increase) in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$18.11M	USD	Annual
Decrease (increase) in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$3.44M	USD	Annual
Decrease (increase) in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$-7.10M	USD	Annual
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$6.09M	USD	Annual
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-846.00K	USD	Annual
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$1.69M	USD	Annual
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.02M	USD	Annual
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.95M	USD	Annual
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.09M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$399.04M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$217.56M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$368.45M	USD	Annual
Acquisition of hotel properties, net	`PaymentsToAcquireCommercialRealEstate`	$291.39M	USD	Annual
Acquisition of hotel properties, net	`PaymentsToAcquireCommercialRealEstate`	$362.49M	USD	Annual
Acquisition of hotel properties, net	`PaymentsToAcquireCommercialRealEstate`	$84.83M	USD	Annual
Disbursements for potential acquisitions, net	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$893.00K	USD	Annual
Disbursements for potential acquisitions, net	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$1.18M	USD	Annual
Capital improvements	`PaymentsForCapitalImprovements`	$59.38M	USD	Annual
Capital improvements	`PaymentsForCapitalImprovements`	$18.31M	USD	Annual
Capital improvements	`PaymentsForCapitalImprovements`	$72.07M	USD	Annual
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$231.01M	USD	Annual
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$8.29M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-135.91M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-364.63M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.68M	USD	Annual
Net proceeds (disbursements) related to issuance of common shares	`ProceedsFromIssuanceOrSaleOfEquity`	$-265.00K	USD	Annual
Net proceeds (disbursements) related to issuance of common shares	`ProceedsFromIssuanceOrSaleOfEquity`	$75.00M	USD	Annual
Net proceeds (disbursements) related to issuance of common shares	`ProceedsFromIssuanceOrSaleOfEquity`	$215.92M	USD	Annual
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.67M	USD	Annual
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$6.88M	USD	Annual
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.33M	USD	Annual
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.01M	USD	Annual
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$238.28M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$6.80M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$139.47M	USD	Annual
Net payments on revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$-29.80M	USD	Annual
Net payments on revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$-76.00M	USD	Annual
Proceeds from term loans and senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$175.00M	USD	Annual
Proceeds from term loans and senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$50.00M	USD	Point-in-time
Proceeds from term loans and senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$50.00M	USD	Annual
Payments of mortgage debt and other loans	`RepaymentsOfDebt`	$70.72M	USD	Annual
Payments of mortgage debt and other loans	`RepaymentsOfDebt`	$46.21M	USD	Annual
Payments of mortgage debt and other loans	`RepaymentsOfDebt`	$168.83M	USD	Annual
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	$24.05M	USD	Annual
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	$173.00K	USD	Annual
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	$340.00K	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$506.00K	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$1.59M	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$10.23M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.30M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-34.31M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-228.97M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$106.00K	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.56M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.58M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.37M	USD	Point-in-time
Interest paid	`InterestPaid`	$57.72M	USD	Annual
Interest paid	`InterestPaid`	$67.83M	USD	Annual
Interest paid	`InterestPaid`	$63.15M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.70M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$637.00K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.29M	USD	Annual
Notes payable originated from acquisitions	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$56.00M	USD	Annual
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$2.28M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$36.55M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$31.40M	USD	Point-in-time
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$11.05M	USD	Annual
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$15.82M	USD	Annual
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$8.92M	USD	Annual
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.29M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.56M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.28M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, beginning of period	`RestrictedCashAndCashEquivalents`	$28.81M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, beginning of period	`RestrictedCashAndCashEquivalents`	$39.44M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, beginning of period	`RestrictedCashAndCashEquivalents`	$36.67M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, beginning of period	`RestrictedCashAndCashEquivalents`	$33.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.95M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.29M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.56M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.28M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, end of period	`RestrictedCashAndCashEquivalents`	$28.81M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, end of period	`RestrictedCashAndCashEquivalents`	$39.44M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, end of period	`RestrictedCashAndCashEquivalents`	$36.67M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows, end of period	`RestrictedCashAndCashEquivalents`	$33.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.95M	USD	Point-in-time

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Distributions declared to shareholders	`CommonStockDividendsPerShareDeclared`	$1.01	USD	Annual
Distributions declared to shareholders	`CommonStockDividendsPerShareDeclared`	$0.04	USD	Annual
Distributions declared to shareholders	`CommonStockDividendsPerShareDeclared`	$0.76	USD	Annual
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.18B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.15B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.32B	USD	Point-in-time
Share based compensation, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.77M	USD	Annual
Share based compensation, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.64M	USD	Annual
Share based compensation, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.93M	USD	Annual
Issuance of common shares, net	`StockIssuedDuringPeriodValueNewIssues`	$75.00M	USD	Annual
Issuance of common shares, net	`StockIssuedDuringPeriodValueNewIssues`	$215.89M	USD	Annual
Equity issuance costs	`EquityIssuanceCosts`	$300.00K	USD	Annual
Common shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.67M	USD	Annual
Common shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.88M	USD	Annual
Common shares repurchased (in Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	500,000.00	shares	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$27.29M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-16.48M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$52.39M	USD	Annual
Net income	`NetIncomeLoss`	$144.81M	USD	Annual
Net income	`NetIncomeLoss`	$18.83M	USD	Annual
Net income	`NetIncomeLoss`	$177.49M	USD	Annual
Distributions declared to shareholders	`DividendsCommonStock`	$9.08M	USD	Annual
Distributions declared to shareholders	`DividendsCommonStock`	$173.79M	USD	Annual
Distributions declared to shareholders	`DividendsCommonStock`	$233.21M	USD	Annual
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.18B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.15B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.32B	USD	Point-in-time

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