10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-074561`
Period End Date	20120930
Filing Date	20121106
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	sho-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 148 Cash Flow Statement 100 Stockholders Equity 16

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$275.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.85M	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
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 authorized	`TemporaryEquitySharesAuthorized`	4.10M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$76.79M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$55.78M	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`	$28.53M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares issued	`TemporaryEquitySharesIssued`	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`	$31.18M	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`	$2.66M	USD	Point-in-time
Inventories	`InventoryNet`	$2.52M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$9.55M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$10.01M	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleAtCarryingValue`	$144.48M	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
Total current assets	`AssetsCurrent`	$393.82M	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
Total current assets	`AssetsCurrent`	$282.01M	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.80B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.65B	USD	Point-in-time
Other real estate, net	`RealEstateInvestmentsOther`	$9.75M	USD	Point-in-time
Other real estate, net	`RealEstateInvestmentsOther`	$9.86M	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$12.87M	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$14.42M	USD	Point-in-time
Goodwill	`Goodwill`	$13.09M	USD	Point-in-time
Goodwill	`Goodwill`	$13.09M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$19.90M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$26.44M	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
Total assets	`Assets`	$3.10B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total assets	`Assets`	$3.14B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.27M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	135.24M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	135.24M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.27M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$26.31M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.27M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.73M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$22.33M	USD	Point-in-time
Due to Third-Party Managers	`DueToThirdPartyManagers`	$9.05M	USD	Point-in-time
Due to Third-Party Managers	`DueToThirdPartyManagers`	$9.04M	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`	$37.83M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.98M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$77.58M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$51.28M	USD	Point-in-time
Notes payable of assets held for sale	`NotesPayableOfAssetsHeldForSale`	$124.54M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfAssetsHeldForSale`	$3.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$268.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$179.49M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.39B	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.32B	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$15.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.62M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$14.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.68B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.53B	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 September 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 September 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, 135,237,438 shares issued and outstanding at September 30, 2012 and 117,265,090 shares issued and outstanding at December 31, 2011	`CommonStockValue`	$1.35M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 135,237,438 shares issued and outstanding at September 30, 2012 and 117,265,090 shares issued and outstanding at December 31, 2011	`CommonStockValue`	$1.17M	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`	$110.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$147.33M	USD	Point-in-time
Cumulative dividends	`CumulativeCashAndStocksDividends`	$467.71M	USD	Point-in-time
Cumulative dividends	`CumulativeCashAndStocksDividends`	$445.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.46B	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`	$56.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.14B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.10B	USD	Point-in-time

Income Statement 148 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$139.82M	USD	1 Quarter
Room	`OccupancyRevenue`	$156.72M	USD	1 Quarter
Room	`OccupancyRevenue`	$380.83M	USD	3 Qtrs
Room	`OccupancyRevenue`	$443.02M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$40.92M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$46.19M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$124.84M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$148.57M	USD	3 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$18.16M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$16.74M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$45.45M	USD	3 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$51.24M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$221.08M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$642.84M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$551.12M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$197.49M	USD	1 Quarter
Room	`OccupancyCosts`	$112.57M	USD	3 Qtrs
Room	`OccupancyCosts`	$96.16M	USD	3 Qtrs
Room	`OccupancyCosts`	$35.33M	USD	1 Quarter
Room	`OccupancyCosts`	$39.91M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$32.37M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$104.43M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$34.62M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$93.17M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$6.51M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$18.11M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$20.07M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$6.99M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$9.67M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$10.74M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$27.25M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$31.76M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$24.56M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$7.78M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$22.09M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$8.30M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$7.69M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$21.04M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$7.87M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$20.91M	USD	3 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$22.44M	USD	3 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$8.31M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$19.05M	USD	3 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$7.28M	USD	1 Quarter
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$52.24M	USD	3 Qtrs
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$16.48M	USD	1 Quarter
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$18.10M	USD	1 Quarter
Property tax, ground lease and insurance	`PropertyTaxGroundLeaseAndInsurance`	$43.64M	USD	3 Qtrs
Property general and administrative	`GeneralAndAdministrativeExpense`	$22.88M	USD	1 Quarter
Property general and administrative	`GeneralAndAdministrativeExpense`	$73.20M	USD	3 Qtrs
Property general and administrative	`GeneralAndAdministrativeExpense`	$64.59M	USD	3 Qtrs
Property general and administrative	`GeneralAndAdministrativeExpense`	$24.49M	USD	1 Quarter
Corporate overhead	`CorporateOverhead`	$20.77M	USD	3 Qtrs
Corporate overhead	`CorporateOverhead`	$6.15M	USD	1 Quarter
Corporate overhead	`CorporateOverhead`	$18.98M	USD	3 Qtrs
Corporate overhead	`CorporateOverhead`	$6.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$32.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$102.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$88.24M	USD	3 Qtrs
Impairment loss	`AssetImpairmentCharges`	$10.86M	USD	3 Qtrs
Impairment loss	`AssetImpairmentCharges`	$10.86M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$196.36M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$584.18M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$201.82M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$524.85M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$58.66M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$19.26M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$26.27M	USD	3 Qtrs
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$21.00K	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$1.54M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncomeExpense`	$155.00K	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncomeExpense`	$2.97M	USD	3 Qtrs
Interest expense	`InterestExpense`	$20.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$19.71M	USD	1 Quarter
Interest expense	`InterestExpense`	$59.31M	USD	3 Qtrs
Interest expense	`InterestExpense`	$55.45M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-191.00K	USD	3 Qtrs
Gain on remeasurement of equity interests	`GainOnRemeasurementOfEquityInterests`	$69.23M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-688.00K	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-428.00K	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$43.04M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-17.35M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$39.13M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$39.98M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$30.67M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$797.00K	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$39.56M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$38.44M	USD	3 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-16.55M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$73.71M	USD	3 Qtrs
(Income) loss from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$827.00K	USD	1 Quarter
(Income) loss from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-31.00K	USD	1 Quarter
(Income) loss from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$213.00K	USD	3 Qtrs
(Income) loss from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.69M	USD	3 Qtrs
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$24.00K	USD	3 Qtrs
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$8.00K	USD	1 Quarter
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$8.00K	USD	1 Quarter
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$22.00K	USD	3 Qtrs
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$22.31M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$19.88M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$7.44M	USD	1 Quarter
Preferred stock dividends	`PreferredStockAndTemporaryEquityDividendsAndOtherAdjustments`	$7.44M	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$352.00K	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$638.00K	USD	3 Qtrs
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$162.00K	USD	3 Qtrs
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.95M	USD	3 Qtrs
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.93M	USD	1 Quarter
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.25M	USD	3 Qtrs
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-23.97M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$39.62M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-16.55M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.71M	USD	3 Qtrs
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.62M	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.21	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.07	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.20	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.26	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.01	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.30	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.31	USD	3 Qtrs
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.20	USD	1 Quarter
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	3 Qtrs
Basic income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.21	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.20	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.07	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.26	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.01	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.30	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.31	USD	3 Qtrs
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	3 Qtrs
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	3 Qtrs
Diluted income available (loss attributable) to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.20	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.27M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.19M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.25M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	135.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	124.27M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.19M	shares	3 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$39.56M	USD	1 Quarter
Net income	`ProfitLoss`	$38.44M	USD	3 Qtrs
Net income	`ProfitLoss`	$-16.55M	USD	1 Quarter
Net income	`ProfitLoss`	$73.71M	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$22.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$225.00K	USD	3 Qtrs
Gain on sales of hotel properties and other assets, net	`GainLossOnSaleOfOtherAssets`	$38.27M	USD	3 Qtrs
Gain on sales of hotel properties and other assets, net	`GainLossOnSaleOfOtherAssets`	$14.04M	USD	3 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$18.14M	USD	3 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-191.00K	USD	3 Qtrs
Gain on remeasurement of equity interests	`GainOnRemeasurementOfEquityInterests`	$69.23M	USD	3 Qtrs
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-2.09M	USD	3 Qtrs
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-595.00K	USD	3 Qtrs
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-1.10M	USD	1 Quarter
Loss on derivatives	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-100.00K	USD	1 Quarter
Depreciation	`Depreciation`	$95.91M	USD	3 Qtrs
Depreciation	`Depreciation`	$87.58M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$10.40M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$14.84M	USD	3 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$3.06M	USD	3 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$2.27M	USD	3 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$843.00K	USD	1 Quarter
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$1.13M	USD	1 Quarter
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$791.00K	USD	3 Qtrs
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$792.00K	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$2.65M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$2.17M	USD	3 Qtrs
Impairment loss	`OtherAssetImpairmentCharges`	$10.86M	USD	1 Quarter
Impairment loss	`OtherAssetImpairmentCharges`	$12.36M	USD	3 Qtrs
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$21.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-12.17M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-30.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.10M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.18M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$107.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$125.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.47M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.78M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$10.77M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$9.96M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.08M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.27M	USD	3 Qtrs
Due to Third-Party Managers	`IncreaseDecreaseInDueToThirdPartyManagers`	$-1.00K	USD	3 Qtrs
Due to Third-Party Managers	`IncreaseDecreaseInDueToThirdPartyManagers`	$-991.00K	USD	3 Qtrs
Discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$681.00K	USD	3 Qtrs
Discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$1.18M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$129.27M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$119.01M	USD	3 Qtrs
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$40.00M	USD	3 Qtrs
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$46.36M	USD	3 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$8.92M	USD	3 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$5.45M	USD	3 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$263.26M	USD	3 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$120.00M	USD	3 Qtrs
Renovations and additions to hotel properties and other real estate	`PaymentsForCapitalImprovements`	$76.64M	USD	3 Qtrs
Renovations and additions to hotel properties and other real estate	`PaymentsForCapitalImprovements`	$82.43M	USD	3 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$133.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-159.20M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-311.28M	USD	3 Qtrs
Proceeds from preferred stock offering	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$115.00M	USD	3 Qtrs
Payment of preferred stock offering costs	`PaymentsOfStockIssuanceCosts`	$4.06M	USD	3 Qtrs
Proceeds from common stock offering	`ProceedsFromIssuanceOfCommonStock`	$126.53M	USD	3 Qtrs
Payment of common stock offering costs	`PaymentsOfCommonStockIssuanceCosts`	$431.00K	USD	3 Qtrs
Proceeds from note payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$15.00M	USD	3 Qtrs
Proceeds from note payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$240.00M	USD	3 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$252.19M	USD	3 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$63.54M	USD	3 Qtrs
Payment for repurchase of notes payable and related costs	`PaymentsForRepurchasesOfNotesPayableAndRelatedCosts`	$4.57M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.32M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.82M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.30M	USD	1 Quarter
Dividends paid	`PaymentsOfOrdinaryDividends`	$22.31M	USD	3 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$17.58M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$772.00K	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$4.81M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$75.58M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$44.55M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.62M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-116.70M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$159.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$164.47M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$275.77M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$149.85M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$159.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$164.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$275.77M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$149.85M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$60.14M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$55.59M	USD	3 Qtrs
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$6.35M	USD	3 Qtrs
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$6.85M	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`AmortizationOfDeferredStockCompensationConstructionActivities`	$225.00K	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`AmortizationOfDeferredStockCompensationConstructionActivities`	$313.00K	USD	3 Qtrs
Amortization of deferred stock compensation - unconsolidated joint venture	`AmortizationOfDeferredStockCompensationUnconsolidatedJointVenture`	$2.00K	USD	3 Qtrs
Issuance of note receivable	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$90.00M	USD	3 Qtrs
Issuance of common stock in connection with acquisition of hotel property	`StockIssued1`	$51.16M	USD	3 Qtrs
Assignment of debt in connection with dispositions of hotel properties	`MortgageLoanRelatedToPropertySales1`	$-122.62M	USD	3 Qtrs
Assumption of debt in connection with acquisitions of hotel properties	`LiabilitiesAssumed1`	$545.95M	USD	3 Qtrs
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.44M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.44M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Series C preferred dividends and dividends payable, per share	`TemporaryEquityDividendsCashPerSharePaidAndPayable`	$1.18	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$177.26M	USD	3 Qtrs
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$2.88M	USD	3 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.81M	USD	3 Qtrs
Series A preferred dividends and dividends payable at $1.50 per share year to date	`DividendsPreferredStockSeriesACash`	$10.57M	USD	3 Qtrs
Series C preferred dividends and dividends payable at $1.179 per share year to date	`DividendsPreferredStockSeriesCCash`	$4.84M	USD	3 Qtrs
Series D preferred dividends and dividends payable at $1.50 per share year to date	`DividendsPreferredStockSeriesDCash`	$6.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$39.56M	USD	1 Quarter
Net income	`ProfitLoss`	$38.44M	USD	3 Qtrs
Net income	`ProfitLoss`	$-16.55M	USD	1 Quarter
Net income	`ProfitLoss`	$73.71M	USD	3 Qtrs
Pension liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-176.00K	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time

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