10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-083135`
Period End Date	20130930
Filing Date	20131112
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	sho-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 138 Cash Flow Statement 94 Stockholders Equity 22

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
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 (in shares)	`TemporaryEquitySharesAuthorized`	4.10M	shares	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	4.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	4.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.30M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	4.10M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$78.39M	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$84.14M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$27.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$41.22M	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
Inventories	`InventoryNet`	$1.38M	USD	Point-in-time
Inventories	`InventoryNet`	$1.29M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$10.81M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.74M	USD	Point-in-time
Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleAtCarryingValue`	$132.34M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$237.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$407.56M	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.68B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.98B	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$9.96M	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$11.93M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$9.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$9.40M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$25.90M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$21.59M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	135.24M	shares	Point-in-time
Total assets	`Assets`	$3.26B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	160.86M	shares	Point-in-time
Total assets	`Assets`	$3.14B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	135.24M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	160.86M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$22.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.81M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.74M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$28.65M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$7.44M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$10.44M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.96M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$76.72M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$23.35M	USD	Point-in-time
Notes payable of assets held for sale	`NotesPayableOfAssetsHeldForSale`	$27.27M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfAssetsHeldForSale`	$8.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$124.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$200.00M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.39B	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.29B	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$15.62M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$15.59M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$39.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.52B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.57B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, $0.01 par value, 4,102,564 shares authorized, zero shares issued and outstanding at September 30, 2013 and 4,102,564 shares issued and outstanding at December 31, 2012, 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, 160,855,950 shares issued and outstanding at September 30, 2013 and 135,237,438 shares issued and outstanding at December 31, 2012	`CommonStockValue`	$1.35M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 160,855,950 shares issued and outstanding at September 30, 2013 and 135,237,438 shares issued and outstanding at December 31, 2012	`CommonStockValue`	$1.61M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.80B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$219.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$158.38M	USD	Point-in-time
Cumulative dividends	`CumulativeCashAndStocksDividends`	$500.00M	USD	Point-in-time
Cumulative dividends	`CumulativeCashAndStocksDividends`	$475.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Non-controlling interest in consolidated joint ventures	`MinorityInterest`	$55.42M	USD	Point-in-time
Non-controlling interest in consolidated joint ventures	`MinorityInterest`	$55.74M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	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`	$3.26B	USD	Point-in-time

Income Statement 138 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$181.71M	USD	1 Quarter
Room	`OccupancyRevenue`	$482.59M	USD	3 Qtrs
Room	`OccupancyRevenue`	$415.33M	USD	3 Qtrs
Room	`OccupancyRevenue`	$147.41M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$143.01M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$53.08M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$155.55M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$44.01M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$13.63M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$41.79M	USD	3 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$15.58M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$37.78M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$596.12M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$250.37M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$205.04M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$679.93M	USD	3 Qtrs
Room	`OccupancyCosts`	$46.35M	USD	1 Quarter
Room	`OccupancyCosts`	$124.34M	USD	3 Qtrs
Room	`OccupancyCosts`	$38.06M	USD	1 Quarter
Room	`OccupancyCosts`	$107.02M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$99.77M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$108.07M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$37.91M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$32.89M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$4.15M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$11.77M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$4.28M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$12.41M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$34.77M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$10.28M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$12.26M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$30.37M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$22.80M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$26.04M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$7.72M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.39M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$6.94M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$20.21M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$18.84M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$7.89M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$8.77M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$7.96M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$21.42M	USD	3 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$24.02M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$17.41M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.43M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$50.24M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$58.20M	USD	3 Qtrs
Property general and administrative	`GeneralAndAdministrativeExpense`	$75.96M	USD	3 Qtrs
Property general and administrative	`GeneralAndAdministrativeExpense`	$27.07M	USD	1 Quarter
Property general and administrative	`GeneralAndAdministrativeExpense`	$22.89M	USD	1 Quarter
Property general and administrative	`GeneralAndAdministrativeExpense`	$68.41M	USD	3 Qtrs
Corporate overhead	`CorporateOverhead`	$6.59M	USD	1 Quarter
Corporate overhead	`CorporateOverhead`	$20.12M	USD	3 Qtrs
Corporate overhead	`CorporateOverhead`	$6.11M	USD	1 Quarter
Corporate overhead	`CorporateOverhead`	$18.89M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$35.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$34.38M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$96.57M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$101.24M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$605.37M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$546.10M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$216.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$188.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$50.01M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$16.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$34.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$74.56M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$2.08M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$155.00K	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$727.00K	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$53.54M	USD	3 Qtrs
Interest expense	`InterestExpense`	$58.10M	USD	3 Qtrs
Interest expense	`InterestExpense`	$18.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$19.31M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-44.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-191.00K	USD	3 Qtrs
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.24M	USD	1 Quarter
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.12M	USD	3 Qtrs
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.05M	USD	1 Quarter
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.05M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$6.71M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$424.00K	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-8.12M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$16.34M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$15.82M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-3.05M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$46.57M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$42.60M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$48.41M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$64.75M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$15.82M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$38.44M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$39.56M	USD	1 Quarter
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.69M	USD	3 Qtrs
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.77M	USD	1 Quarter
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.29M	USD	3 Qtrs
Income from consolidated joint venture attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$827.00K	USD	1 Quarter
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`	$24.00K	USD	3 Qtrs
Distributions to non-controlling interest	`DistributionsToNoncontrollingInterests`	$24.00K	USD	3 Qtrs
Dividends paid on unvested restricted stock compensation	`DividendsShareBasedCompensationCash`	$101.00K	USD	1 Quarter
Dividends paid on unvested restricted stock compensation	`DividendsShareBasedCompensationCash`	$101.00K	USD	3 Qtrs
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$7.44M	USD	1 Quarter
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$22.31M	USD	3 Qtrs
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$16.71M	USD	3 Qtrs
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$2.30M	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$295.00K	USD	3 Qtrs
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$352.00K	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$30.00K	USD	1 Quarter
Undistributed income allocated to unvested restricted stock compensation	`UndistributedEarningsAllocatedToParticipatingSecurities`	$162.00K	USD	3 Qtrs
INCOME AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.93M	USD	1 Quarter
INCOME AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.25M	USD	3 Qtrs
INCOME AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$44.33M	USD	3 Qtrs
INCOME AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$11.61M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$11.61M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$44.33M	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$39.62M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$38.62M	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.09	USD	1 Quarter
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.26	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	3 Qtrs
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.07	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.32	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.30	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.37	USD	3 Qtrs
Basic and diluted income available to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.07	USD	1 Quarter
Basic and diluted income available to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.28	USD	3 Qtrs
Basic and diluted income available to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.11	USD	3 Qtrs
Basic and diluted income available to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	135.24M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	157.63M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	124.27M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	160.86M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	3 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$64.75M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.82M	USD	1 Quarter
Net income	`ProfitLoss`	$38.44M	USD	3 Qtrs
Net income	`ProfitLoss`	$39.56M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$22.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$252.00K	USD	3 Qtrs
Gain on sales of hotel properties and other assets, net	`GainLossOnSaleOfOtherAssets`	$51.62M	USD	3 Qtrs
Gain on sales of hotel properties and other assets, net	`GainLossOnSaleOfOtherAssets`	$38.27M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-191.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-3.16M	USD	3 Qtrs
(Gain) loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$12.00K	USD	1 Quarter
(Gain) loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$429.00K	USD	3 Qtrs
(Gain) loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-100.00K	USD	1 Quarter
(Gain) loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-595.00K	USD	3 Qtrs
Depreciation	`Depreciation`	$96.34M	USD	3 Qtrs
Depreciation	`Depreciation`	$95.91M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$8.26M	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`	$736.00K	USD	1 Quarter
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$1.13M	USD	1 Quarter
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$2.22M	USD	3 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$3.06M	USD	3 Qtrs
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$3.00K	USD	3 Qtrs
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$791.00K	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$3.58M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$2.65M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$11.68M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-30.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.50M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.18M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$107.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.78M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.29M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$10.77M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$16.08M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.27M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.92M	USD	3 Qtrs
Discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$163.00K	USD	3 Qtrs
Discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$432.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.75M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$124.91M	USD	3 Qtrs
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$46.36M	USD	3 Qtrs
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$195.62M	USD	3 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$-6.43M	USD	3 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$8.92M	USD	3 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$188.02M	USD	3 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$120.00M	USD	3 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$76.64M	USD	3 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$91.65M	USD	3 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$12.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-159.20M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.63M	USD	3 Qtrs
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$276.25M	USD	3 Qtrs
Proceeds from common stock offering	`ProceedsFromIssuanceOfCommonStock`	$126.53M	USD	3 Qtrs
Proceeds from common stock offering	`ProceedsFromIssuanceOfCommonStock`	$295.25M	USD	3 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$431.00K	USD	3 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$376.00K	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromSecuredLinesOfCredit`	$35.75M	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromSecuredLinesOfCredit`	$15.00M	USD	3 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$135.25M	USD	3 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$68.04M	USD	3 Qtrs
Payment for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$70.00K	USD	3 Qtrs
Payment for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$3.11M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$243.00K	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.32M	USD	3 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$22.31M	USD	3 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$17.08M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$2.97M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$4.81M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-104.27M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$44.55M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.10M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-56.99M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$149.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$163.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$149.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$163.30M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$52.50M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$60.14M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$5.40M	USD	3 Qtrs
Accounts payable related to renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$5.43M	USD	3 Qtrs
Accounts payable related to renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$6.35M	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$293.00K	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$225.00K	USD	3 Qtrs
Assumption of debt in connection with acquisition of hotel property	`LoansAssumed1`	$119.19M	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
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$10.44M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.44M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends payable (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Common stock dividends payable (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	3 Qtrs
Series A preferred dividends, per share (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$0.50	USD	3 Qtrs
Series C preferred dividends, per share (in dollars per share)	`TemporaryEquityDividendsCashPerSharePaid`	$0.79	USD	3 Qtrs
Series D preferred dividends and dividends payable, per share (in dollars per share)	`PreferredStockDividendRatePerDollarAmount`	$1.50	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$294.88M	USD	3 Qtrs
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$3.87M	USD	3 Qtrs
Redemption of Series A and Series C preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$176.25M	USD	3 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.97M	USD	3 Qtrs
Common stock dividends payable at $0.05 per share year-to-date	`DividendsCommonStockCash`	$8.14M	USD	3 Qtrs
Series A preferred dividends at $0.50 per share through redemption date	`DividendsPreferredStockSeriesACash`	$2.35M	USD	3 Qtrs
Series C preferred dividends at $0.786 per share through redemption date	`DividendsPreferredStockSeriesCCash`	$2.69M	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`	$64.75M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.82M	USD	1 Quarter
Net income	`ProfitLoss`	$38.44M	USD	3 Qtrs
Net income	`ProfitLoss`	$39.56M	USD	1 Quarter
Pension liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.33M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	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.