10-Q Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001185185-14-002902`
Period End Date	20140930
Filing Date	20141105
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	applereit-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 108 Cash Flow Statement 72

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`	$281.63M	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $281,626 and $200,754, respectively	`RealEstateInvestmentPropertyNet`	$1.44B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation of $281,626 and $200,754, respectively	`RealEstateInvestmentPropertyNet`	$3.69B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$37.12M	USD	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
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
Due from third party managers, net	`DueFromManagers`	$34.26M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	182.78M	shares	Point-in-time
Other assets, net	`OtherAssets`	$9.84M	USD	Point-in-time
Other assets, net	`OtherAssets`	$43.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	373.82M	shares	Point-in-time
Total Assets	`Assets`	$3.81B	USD	Point-in-time
Total Assets	`Assets`	$1.49B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	182.78M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	373.82M	shares	Point-in-time
Credit facility	`LineOfCredit`	$175.00M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$521.88M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$162.55M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$53.66M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$16.92M	USD	Point-in-time
Total Liabilities	`Liabilities`	$750.54M	USD	Point-in-time
Total Liabilities	`Liabilities`	$179.47M	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	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$311.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$680.98M	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`	$3.06B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.81B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.49B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$271.32M	USD	3 Qtrs
Room	`OccupancyRevenue`	$552.64M	USD	3 Qtrs
Room	`OccupancyRevenue`	$91.94M	USD	1 Quarter
Room	`OccupancyRevenue`	$213.83M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$25.89M	USD	3 Qtrs
Other	`OtherHotelOperatingRevenue`	$48.93M	USD	3 Qtrs
Other	`OtherHotelOperatingRevenue`	$8.30M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$18.05M	USD	1 Quarter
Total revenue	`Revenues`	$297.21M	USD	3 Qtrs
Total revenue	`Revenues`	$601.57M	USD	3 Qtrs
Total revenue	`Revenues`	$100.24M	USD	1 Quarter
Total revenue	`Revenues`	$231.88M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$152.02M	USD	3 Qtrs
Operating	`DirectCostsOfHotels`	$75.32M	USD	3 Qtrs
Operating	`DirectCostsOfHotels`	$25.80M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$58.62M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$16.63M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$43.61M	USD	3 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$7.22M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$21.29M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$8.37M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$47.80M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$18.44M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$24.97M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$11.15M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$4.21M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$9.59M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$22.96M	USD	3 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.07M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$3.81M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$23.94M	USD	3 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$11.14M	USD	3 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$4.18M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$12.25M	USD	3 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$9.76M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$25.14M	USD	3 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$3.57M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$21.07M	USD	3 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$8.08M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$10.33M	USD	3 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$29.48M	USD	3 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$11.12M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$15.38M	USD	3 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$4.79M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$53.00K	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$2.49M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$247.00K	USD	3 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$5.85M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.78M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.77M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.82M	USD	3 Qtrs
Transaction costs	`TransactionCosts`	$1.91M	USD	1 Quarter
Transaction costs	`TransactionCosts`	$2.04M	USD	3 Qtrs
Transaction costs	`TransactionCosts`	$4.59M	USD	3 Qtrs
Transaction costs	`TransactionCosts`	$707.00K	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	3 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	$117.13M	USD	3 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	3 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$8.60M	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$8.60M	USD	3 Qtrs
Depreciation	`Depreciation`	$13.73M	USD	1 Quarter
Depreciation	`Depreciation`	$81.41M	USD	3 Qtrs
Depreciation	`Depreciation`	$40.87M	USD	3 Qtrs
Depreciation	`Depreciation`	$31.09M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$79.42M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$230.79M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$189.83M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$598.38M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$42.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.82M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$66.42M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.19M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-2.29M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-6.70M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-17.20M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-6.34M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.53M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.72M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-14.01M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$59.72M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$553.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$365.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.50M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.11M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$58.61M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-15.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$35.16M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.16M	USD	1 Quarter
Unrealized gain on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$311.00K	USD	3 Qtrs
Unrealized gain on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Unrealized gain on interest rate derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$757.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$18.16M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$35.92M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$58.61M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-15.19M	USD	3 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.10	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	3 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.09	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.32	USD	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	182.78M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	182.56M	shares	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	373.82M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	332.58M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$58.61M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-15.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$35.16M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.16M	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	3 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	$117.13M	USD	3 Qtrs
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Depreciation	`Depreciation`	$13.73M	USD	1 Quarter
Depreciation	`Depreciation`	$81.41M	USD	3 Qtrs
Depreciation	`Depreciation`	$40.87M	USD	3 Qtrs
Depreciation	`Depreciation`	$31.09M	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	3 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$8.60M	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$8.60M	USD	3 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-264.00K	USD	3 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-1.13M	USD	3 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$5.10M	USD	3 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$9.44M	USD	3 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$523.00K	USD	3 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$4.09M	USD	3 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.91M	USD	3 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$184.12M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.02M	USD	3 Qtrs
Cash paid for acquisitions, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Cash paid for acquisitions, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.22M	USD	3 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$11.37M	USD	3 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$48.24M	USD	3 Qtrs
Decrease (increase) in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-2.37M	USD	3 Qtrs
Decrease (increase) in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$207.00K	USD	3 Qtrs
Net proceeds (costs) from sale of assets	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$-353.00K	USD	3 Qtrs
Net proceeds (costs) from sale of assets	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$5.65M	USD	3 Qtrs
Payments received on note receivable	`ProceedsFromInterestReceivedOnNoteReceivable`	-	USD	3 Qtrs
Payments received on note receivable	`ProceedsFromInterestReceivedOnNoteReceivable`	$4.72M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.22M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.43M	USD	3 Qtrs
Net proceeds related to issuance of Units	`ProceedsFromIssuanceOrSaleOfEquity`	$21.78M	USD	3 Qtrs
Net proceeds related to issuance of Units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	3 Qtrs
Redemptions of shares	`PaymentsForRepurchaseOfEquity`	$19.99M	USD	3 Qtrs
Redemptions of shares	`PaymentsForRepurchaseOfEquity`	$2.35M	USD	3 Qtrs
Monthly distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$113.65M	USD	3 Qtrs
Monthly distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$169.86M	USD	3 Qtrs
Proceeds from (payments on) extinguished credit facilities	`ProceedsFromRepaymentsOfLinesOfCredit`	$22.00M	USD	3 Qtrs
Proceeds from (payments on) extinguished credit facilities	`ProceedsFromRepaymentsOfLinesOfCredit`	$-129.49M	USD	3 Qtrs
Net proceeds from existing credit facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Net proceeds from existing credit facility	`ProceedsFromLinesOfCredit`	$175.00M	USD	3 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfSecuredDebt`	$27.00M	USD	3 Qtrs
Payments of mortgage debt	`RepaymentsOfSecuredDebt`	$57.29M	USD	3 Qtrs
Payments of mortgage debt	`RepaymentsOfSecuredDebt`	$2.76M	USD	3 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$5.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-92.62M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-162.00M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.10M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.03M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
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, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, end 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
Interest paid	`InterestPaid`	$7.22M	USD	3 Qtrs
Interest paid	`InterestPaid`	$21.53M	USD	3 Qtrs
Merger transactions purchase price, net (see details in note 2)	`StockIssuedDuringPeriodValueAcquisitions`	$1.81B	USD	3 Qtrs
Merger transactions purchase price, net (see details in note 2)	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	$117.13M	USD	3 Qtrs
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs

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