10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-055071`
Period End Date	20120630
Filing Date	20120807
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	sho-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 146 Cash Flow Statement 98 Stockholders Equity 19

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$276.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.73M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$73.31M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares authorized	`TemporaryEquitySharesAuthorized`	4.10M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$66.23M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares authorized	`TemporaryEquitySharesAuthorized`	4.10M	shares	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares issued	`TemporaryEquitySharesIssued`	4.10M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$36.26M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares issued	`TemporaryEquitySharesIssued`	4.10M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$32.13M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares issued	`TemporaryEquitySharesIssued`	4.10M	shares	Point-in-time
Inventories	`InventoryNet`	$2.67M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares outstanding	`TemporaryEquitySharesOutstanding`	4.10M	shares	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares outstanding	`TemporaryEquitySharesOutstanding`	4.10M	shares	Point-in-time
Inventories	`InventoryNet`	$2.61M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.38M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.19M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, liquidation preference (in dollars per share)	`TemporaryEquityLiquidationPreferencePerShare`	$24.38	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, liquidation preference (in dollars per share)	`TemporaryEquityLiquidationPreferencePerShare`	$24.38	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, liquidation preference (in dollars per share)	`TemporaryEquityLiquidationPreferencePerShare`	$24.38	USD	Point-in-time
Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investment in hotel property of discontinued operations, net	`InvestmentInOtherRealEstateOfDiscontinuedOperationsNet`	$39.12M	USD	Point-in-time
Investment in hotel property of discontinued operations, net	`InvestmentInOtherRealEstateOfDiscontinuedOperationsNet`	$38.96M	USD	Point-in-time
Other current assets of discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets`	$2.22M	USD	Point-in-time
Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Other current assets of discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets`	$2.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$368.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$302.87M	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.74B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.81B	USD	Point-in-time
Other real estate, net	`RealEstateInvestmentsOther`	$12.06M	USD	Point-in-time
Other real estate, net	`RealEstateInvestmentsOther`	$11.86M	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$14.59M	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$12.62M	USD	Point-in-time
Goodwill	`Goodwill`	$13.09M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$13.09M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$20.08M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$19.96M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total assets	`Assets`	$3.24B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.27M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	135.23M	shares	Point-in-time
Total assets	`Assets`	$3.10B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.27M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	135.23M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.51M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$26.80M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.86M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$18.66M	USD	Point-in-time
Due to Third-Party Managers	`DueToThirdPartyManagers`	$9.25M	USD	Point-in-time
Due to Third-Party Managers	`DueToThirdPartyManagers`	$9.23M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$7.44M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$7.44M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$28.18M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$37.47M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$78.91M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$53.33M	USD	Point-in-time
Note payable of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$47.16M	USD	Point-in-time
Note payable of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$47.46M	USD	Point-in-time
Other current liabilities of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities`	$342.00K	USD	Point-in-time
Other current liabilities of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities`	$224.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$193.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$224.63M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.47B	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.40B	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$15.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$13.81M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.65B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.68B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, $0.01 par value, 4,102,564 shares authorized, issued and outstanding at June 30, 2012 and December 31, 2011, liquidation preference of $24.375 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$100.00M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, $0.01 par value, 4,102,564 shares authorized, issued and outstanding at June 30, 2012 and December 31, 2011, liquidation preference of $24.375 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$100.00M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 135,229,303 shares issued and outstanding at June 30, 2012 and 117,265,090 shares issued and outstanding at December 31, 2011	`CommonStockValue`	$1.17M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 135,229,303 shares issued and outstanding at June 30, 2012 and 117,265,090 shares issued and outstanding at December 31, 2011	`CommonStockValue`	$1.35M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.49B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$108.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$110.58M	USD	Point-in-time
Cumulative dividends	`CummulativeCashAndStocksDividends`	$460.27M	USD	Point-in-time
Cumulative dividends	`CummulativeCashAndStocksDividends`	$445.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.43B	USD	Point-in-time
Non-controlling interest in consolidated joint ventures	`MinorityInterest`	$60.04M	USD	Point-in-time
Non-controlling interest in consolidated joint ventures	`MinorityInterest`	$57.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.24B	USD	Point-in-time

Income Statement 146 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$252.45M	USD	2 Qtrs
Room	`OccupancyRevenue`	$148.14M	USD	1 Quarter
Room	`OccupancyRevenue`	$164.40M	USD	1 Quarter
Room	`OccupancyRevenue`	$298.54M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$87.82M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$49.79M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$56.20M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$106.53M	USD	2 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$17.24M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$29.65M	USD	2 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$16.65M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$33.80M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$237.84M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$438.87M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$214.57M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$369.93M	USD	2 Qtrs
Room	`OccupancyCosts`	$63.81M	USD	2 Qtrs
Room	`OccupancyCosts`	$75.81M	USD	2 Qtrs
Room	`OccupancyCosts`	$38.96M	USD	1 Quarter
Room	`OccupancyCosts`	$35.30M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$72.91M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$37.17M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$63.85M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$35.14M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$11.94M	USD	2 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$6.10M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$13.41M	USD	2 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$6.62M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$10.19M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$22.04M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$11.13M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$18.59M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$15.17M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$17.09M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$8.64M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$8.08M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$6.84M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$14.00M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$13.80M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.09M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$12.56M	USD	2 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$8.32M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$7.40M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$14.97M	USD	2 Qtrs
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$28.09M	USD	2 Qtrs
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$34.85M	USD	2 Qtrs
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$18.34M	USD	1 Quarter
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$14.32M	USD	1 Quarter
Property general and administrative	`GeneralAndAdministrativeExpense`	$26.57M	USD	1 Quarter
Property general and administrative	`GeneralAndAdministrativeExpense`	$24.52M	USD	1 Quarter
Property general and administrative	`GeneralAndAdministrativeExpense`	$51.26M	USD	2 Qtrs
Property general and administrative	`GeneralAndAdministrativeExpense`	$44.03M	USD	2 Qtrs
Corporate overhead	`CorporateOverhead`	$13.96M	USD	2 Qtrs
Corporate overhead	`CorporateOverhead`	$6.30M	USD	1 Quarter
Corporate overhead	`CorporateOverhead`	$12.98M	USD	2 Qtrs
Corporate overhead	`CorporateOverhead`	$7.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$69.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$34.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$58.16M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$343.96M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$398.39M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$186.71M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$205.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$32.77M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$40.48M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$25.97M	USD	2 Qtrs
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$21.00K	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$1.43M	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$137.00K	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$1.32M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncomeExpense`	$74.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$37.56M	USD	2 Qtrs
Interest expense	`InterestExpense`	$41.69M	USD	2 Qtrs
Interest expense	`InterestExpense`	$20.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.87M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-191.00K	USD	2 Qtrs
Gain on remeasurement of equity interests	`GainOnRemeasurementOfEquityInterests`	$69.23M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.26M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$8.72M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$11.97M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$59.09M	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$152.00K	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$30.21M	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$31.18M	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-117.00K	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$90.26M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$38.93M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$11.86M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-1.11M	USD	2 Qtrs
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$244.00K	USD	2 Qtrs
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$307.00K	USD	1 Quarter
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$244.00K	USD	1 Quarter
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$867.00K	USD	2 Qtrs
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$8.00K	USD	1 Quarter
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$7.00K	USD	1 Quarter
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$14.00K	USD	2 Qtrs
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$16.00K	USD	2 Qtrs
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$14.87M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$7.44M	USD	1 Quarter
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$7.31M	USD	1 Quarter
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$12.45M	USD	2 Qtrs
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$47.00K	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$291.00K	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$717.00K	USD	2 Qtrs
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-16.87M	USD	2 Qtrs
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$76.84M	USD	2 Qtrs
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.08M	USD	1 Quarter
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.97M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.93M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-996.00K	USD	2 Qtrs
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$90.26M	USD	2 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.03	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.01	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.39	USD	2 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.14	USD	2 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.27	USD	2 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.26	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	2 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.39	USD	2 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.03	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.14	USD	2 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.01	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.26	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.27	USD	2 Qtrs
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	2 Qtrs
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	120.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.73M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.15M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.15M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.03M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$90.26M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$38.93M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.86M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.11M	USD	2 Qtrs
Bad debt expense (recovery)	`ProvisionForDoubtfulAccounts`	$87.00K	USD	2 Qtrs
Bad debt expense (recovery)	`ProvisionForDoubtfulAccounts`	$-55.00K	USD	2 Qtrs
Gain on sales of hotel properties and other assets, net	`GainLossOnSaleOfOtherAssets`	$14.07M	USD	2 Qtrs
Gain on sales of hotel properties and other assets, net	`GainLossOnSaleOfOtherAssets`	$188.00K	USD	2 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-191.00K	USD	2 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$18.14M	USD	2 Qtrs
Gain on remeasurement of equity interests	`GainOnRemeasurementOfEquityInterests`	$69.23M	USD	2 Qtrs
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-1.00M	USD	2 Qtrs
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-499.00K	USD	2 Qtrs
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-1.00M	USD	1 Quarter
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-400.00K	USD	1 Quarter
Depreciation	`Depreciation`	$56.99M	USD	2 Qtrs
Depreciation	`Depreciation`	$62.85M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$5.78M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$9.26M	USD	2 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$815.00K	USD	1 Quarter
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$965.00K	USD	1 Quarter
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$1.43M	USD	2 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$1.93M	USD	2 Qtrs
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$524.00K	USD	2 Qtrs
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$522.00K	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$1.84M	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$1.47M	USD	2 Qtrs
Impairment loss	`OtherAssetImpairmentCharges`	$1.50M	USD	2 Qtrs
Impairment loss	`OtherAssetImpairmentCharges`	$1.50M	USD	1 Quarter
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$21.00K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$2.36M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-16.51M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.38M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$44.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.06M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.94M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$4.50M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$9.73M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.43M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.20M	USD	2 Qtrs
Due to Third-Party Managers	`IncreaseDecreaseInDueToThirdPartyManagers`	$-1.62M	USD	2 Qtrs
Due to Third-Party Managers	`IncreaseDecreaseInDueToThirdPartyManagers`	$142.00K	USD	2 Qtrs
Discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$2.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$74.27M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.55M	USD	2 Qtrs
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$39.93M	USD	2 Qtrs
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$11.00K	USD	2 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$6.63M	USD	2 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$5.18M	USD	2 Qtrs
Acquisition deposits	`PaymentsForDepositsOnRealEstateAcquisitions`	$3.00M	USD	2 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$263.26M	USD	2 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.69M	USD	2 Qtrs
Renovations and additions to hotel properties and other real estate	`PaymentsForCapitalImprovements`	$48.48M	USD	2 Qtrs
Renovations and additions to hotel properties and other real estate	`PaymentsForCapitalImprovements`	$64.70M	USD	2 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$133.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-294.80M	USD	2 Qtrs
Proceeds from preferred stock offering	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$115.00M	USD	2 Qtrs
Payment of preferred stock offering costs	`PaymentsOfStockIssuanceCosts`	$4.06M	USD	2 Qtrs
Proceeds from common stock offering	`ProceedsFromIssuanceOfCommonStock`	$126.53M	USD	2 Qtrs
Payment of common stock offering costs	`PaymentsOfCommonStockIssuanceCosts`	$431.00K	USD	2 Qtrs
Proceeds from note payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$15.00M	USD	2 Qtrs
Proceeds from note payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$240.00M	USD	2 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$246.60M	USD	2 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$58.52M	USD	2 Qtrs
Payment for repurchase of notes payable and related costs	`PaymentsForRepurchasesOfNotesPayableAndRelatedCosts`	$4.57M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.83M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.50M	USD	1 Quarter
Dividends paid	`PaymentsOfOrdinaryDividends`	$10.27M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$14.87M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$14.00K	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$3.33M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$89.22M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$59.81M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$54.02M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-131.31M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$150.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$204.55M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$276.03M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$144.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$150.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$204.55M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$276.03M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$144.73M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$35.16M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$40.37M	USD	2 Qtrs
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$6.21M	USD	2 Qtrs
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$9.49M	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`AmortizationOfDeferredStockCompensationConstructionActivities`	$128.00K	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`AmortizationOfDeferredStockCompensationConstructionActivities`	$148.00K	USD	2 Qtrs
Amortization of deferred stock compensation - unconsolidated joint venture	`AmortizationOfDeferredStockCompensationUnconsolidatedJointVenture`	$2.00K	USD	2 Qtrs
Issuance of note receivable	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$90.00M	USD	2 Qtrs
Issuance of common stock in connection with acquisition of hotel property	`StockIssued1`	$51.16M	USD	2 Qtrs
Assumption of debt in connection with acquisitions of hotel properties	`LiabilitiesAssumed1`	$545.95M	USD	2 Qtrs
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.44M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.31M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Series C preferred dividends and dividends payable, per share	`TemporaryEquityDividendsCashPerSharePaidAndPayable`	$0.79	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$177.26M	USD	2 Qtrs
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.99M	USD	2 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.33M	USD	2 Qtrs
Series A preferred dividends and dividends payable at $1.00 per share year to date	`DividendsPreferredStockSeriesACash`	$7.05M	USD	2 Qtrs
Series C preferred dividends and dividends payable at $0.786 per share year to date	`DividendsPreferredStockSeriesCCash`	$3.22M	USD	2 Qtrs
Series D preferred dividends and dividends payable at $1.00 per share year to date	`DividendsPreferredStockSeriesDCash`	$4.60M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$90.26M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$38.93M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.86M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.11M	USD	2 Qtrs
Pension liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-117.00K	USD	2 Qtrs
Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-996.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time

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