10-Q Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001185185-14-001978`
Period End Date	20140630
Filing Date	20140806
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	applereit-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 104 Cash Flow Statement 66

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$200.75M	USD	Point-in-time
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$250.76M	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $250,761 and $200,754, respectively	`RealEstateInvestmentPropertyNet`	$1.44B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation of $250,761 and $200,754, respectively	`RealEstateInvestmentPropertyNet`	$3.71B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$805.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$35.98M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$9.42M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Due from third party managers, net	`DueFromManagers`	$10.42M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Due from third party managers, net	`DueFromManagers`	$40.67M	USD	Point-in-time
Other assets, net	`OtherAssets`	$44.67M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	182.78M	shares	Point-in-time
Other assets, net	`OtherAssets`	$9.84M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	373.82M	shares	Point-in-time
Total Assets	`Assets`	$3.83B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	373.82M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	182.78M	shares	Point-in-time
Total Assets	`Assets`	$1.49B	USD	Point-in-time
Credit facility	`LineOfCredit`	$176.80M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$527.68M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$162.55M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$43.87M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$16.92M	USD	Point-in-time
Total Liabilities	`Liabilities`	$179.47M	USD	Point-in-time
Total Liabilities	`Liabilities`	$748.34M	USD	Point-in-time
Preferred stock, value issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, value issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 and 400,000,000 shares; issued and outstanding 373,820,814 and 182,784,131 shares, respectively	`CommonStockValue`	$3.74B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 and 400,000,000 shares; issued and outstanding 373,820,814 and 182,784,131 shares, respectively	`CommonStockValue`	$1.81B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-446.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$653.84M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$495.61M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.08B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.83B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.49B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$213.37M	USD	1 Quarter
Room	`OccupancyRevenue`	$338.81M	USD	2 Qtrs
Room	`OccupancyRevenue`	$179.39M	USD	2 Qtrs
Room	`OccupancyRevenue`	$95.11M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$9.46M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$19.20M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$30.88M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$17.59M	USD	2 Qtrs
Total revenue	`Revenues`	$232.57M	USD	1 Quarter
Total revenue	`Revenues`	$196.97M	USD	2 Qtrs
Total revenue	`Revenues`	$104.57M	USD	1 Quarter
Total revenue	`Revenues`	$369.69M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$58.15M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$25.82M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$93.40M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$49.52M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$14.07M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$7.22M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$26.98M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$16.62M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$18.27M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$16.60M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$8.65M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$29.36M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$6.94M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.99M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$13.38M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$3.54M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$14.87M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$3.77M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$7.33M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.26M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$15.38M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$8.06M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$9.66M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$4.30M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$3.56M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$8.06M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$12.99M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$6.76M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$5.57M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$18.36M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$11.23M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$10.60M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$3.36M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$194.00K	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$91.00K	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$2.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.04M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.15M	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$1.78M	USD	1 Quarter
Transaction costs	`TransactionCosts`	$136.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	$3.89M	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$136.00K	USD	2 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	$117.13M	USD	2 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	2 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Depreciation	`Depreciation`	$30.75M	USD	1 Quarter
Depreciation	`Depreciation`	$27.13M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$13.63M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$78.46M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$151.38M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$408.55M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$180.88M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$45.60M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$51.68M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-38.86M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$26.11M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-4.41M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-2.23M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-7.33M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-10.86M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$23.88M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-49.72M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.35M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$41.19M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$942.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$551.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$745.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$349.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-50.66M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$23.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$40.44M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$43.80M	USD	1 Quarter
Unrealized loss on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-914.00K	USD	1 Quarter
Unrealized loss on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized loss on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-446.00K	USD	2 Qtrs
Unrealized loss on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$42.88M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$40.44M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$23.54M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-51.11M	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.22	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.13	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.12	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	182.50M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	373.89M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	311.62M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	182.45M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-50.66M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$23.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$40.44M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$43.80M	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	$117.13M	USD	2 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	2 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Depreciation	`Depreciation`	$30.75M	USD	1 Quarter
Depreciation	`Depreciation`	$27.13M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$13.63M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-215.00K	USD	2 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-1.24M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$7.86M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$15.86M	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$2.72M	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$434.00K	USD	2 Qtrs
Decrease (increase) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.47M	USD	2 Qtrs
Decrease (increase) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$662.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$60.16M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.97M	USD	2 Qtrs
Cash paid for acquisitions, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Cash paid for acquisitions, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.22M	USD	2 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$6.82M	USD	2 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$28.83M	USD	2 Qtrs
Decrease (increase) in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$129.00K	USD	2 Qtrs
Decrease (increase) in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-1.65M	USD	2 Qtrs
Net proceeds (costs) from sale of assets	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$5.65M	USD	2 Qtrs
Net proceeds (costs) from sale of assets	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$-353.00K	USD	2 Qtrs
Payments received on note receivable	`ProceedsFromInterestReceivedOnNoteReceivable`	$3.15M	USD	2 Qtrs
Payments received on note receivable	`ProceedsFromInterestReceivedOnNoteReceivable`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.38M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.53M	USD	2 Qtrs
Net proceeds related to issuance of Units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Net proceeds related to issuance of Units	`ProceedsFromIssuanceOrSaleOfEquity`	$21.93M	USD	2 Qtrs
Redemptions of shares	`PaymentsForRepurchaseOfEquity`	$19.99M	USD	2 Qtrs
Redemptions of shares	`PaymentsForRepurchaseOfEquity`	$2.35M	USD	2 Qtrs
Monthly distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$75.71M	USD	2 Qtrs
Monthly distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$107.56M	USD	2 Qtrs
Proceeds from (payments on) extinguished credit facilities	`ProceedsFromRepaymentsOfLinesOfCredit`	$-129.49M	USD	2 Qtrs
Proceeds from (payments on) extinguished credit facilities	`ProceedsFromRepaymentsOfLinesOfCredit`	$17.80M	USD	2 Qtrs
Net proceeds from existing credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Net proceeds from existing credit facility	`ProceedsFromLinesOfCredit`	$176.80M	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfSecuredDebt`	$26.27M	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfSecuredDebt`	$1.84M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$4.88M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-57.81M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-93.74M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.30M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.03M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$805.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$805.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Interest paid	`InterestPaid`	$12.92M	USD	2 Qtrs
Interest paid	`InterestPaid`	$4.78M	USD	2 Qtrs
Merger transactions purchase price, net (see details in note 2)	`StockIssuedDuringPeriodValueAcquisitions`	$1.81B	USD	2 Qtrs
Merger transactions purchase price, net (see details in note 2)	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	-	USD	2 Qtrs
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	$117.13M	USD	2 Qtrs

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