10-Q Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001185185-15-002053`
Period End Date	20150630
Filing Date	20150806
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	aple-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 112 Cash Flow Statement 70

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$357.95M	USD	Point-in-time
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$296.56M	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $357,947 and $296,559, respectively	`RealEstateInvestmentPropertyNet`	$3.50B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation of $357,947 and $296,559, respectively	`RealEstateInvestmentPropertyNet`	$3.49B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Assets held for sale	`RealEstateHeldforsale`	$195.59M	USD	Point-in-time
Assets held for sale	`RealEstateHeldforsale`	-	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`	$26.66M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$32.53M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Due from third party managers, net	`DueFromManagers`	$22.88M	USD	Point-in-time
Due from third party managers, net	`DueFromManagers`	$41.77M	USD	Point-in-time
Other assets, net	`OtherAssets`	$35.94M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	175.61M	shares	Point-in-time
Other assets, net	`OtherAssets`	$42.28M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	186.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	175.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	186.91M	shares	Point-in-time
Total Assets	`Assets`	$3.78B	USD	Point-in-time
Total Assets	`Assets`	$3.61B	USD	Point-in-time
Credit facility	`LineOfCredit`	$191.60M	USD	Point-in-time
Credit facility	`LineOfCredit`	$309.80M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$517.97M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$489.74M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$55.55M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$64.49M	USD	Point-in-time
Total Liabilities	`Liabilities`	$864.03M	USD	Point-in-time
Total Liabilities	`Liabilities`	$765.12M	USD	Point-in-time
Preferred stock, authorized 30,000,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, authorized 30,000,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 175,605,637 and 186,910,407 shares, respectively	`CommonStockValue`	$3.74B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 175,605,637 and 186,910,407 shares, respectively	`CommonStockValue`	$3.52B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-511.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-185.00K	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$722.19M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$775.88M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.75B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.01B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.61B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.78B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$213.37M	USD	1 Quarter
Room	`OccupancyRevenue`	$338.81M	USD	2 Qtrs
Room	`OccupancyRevenue`	$407.00M	USD	2 Qtrs
Room	`OccupancyRevenue`	$214.99M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$37.72M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$19.20M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$30.88M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$19.38M	USD	1 Quarter
Total revenue	`Revenues`	$369.69M	USD	2 Qtrs
Total revenue	`Revenues`	$234.37M	USD	1 Quarter
Total revenue	`Revenues`	$444.73M	USD	2 Qtrs
Total revenue	`Revenues`	$232.57M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$111.76M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$58.15M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$93.40M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$57.15M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$34.56M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$16.62M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$17.41M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$26.98M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$17.88M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$29.36M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$34.98M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$18.27M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$13.38M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.56M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$7.99M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$15.72M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.36M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.26M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$18.53M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$14.87M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$18.71M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$9.89M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$9.66M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$15.38M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$12.99M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$8.09M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$8.06M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$15.59M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$23.28M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$11.72M	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
Ground lease	`OperatingLeasesRentExpenseNet`	$2.49M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$3.36M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$2.51M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$5.01M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.25M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.15M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.70M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.63M	USD	1 Quarter
Transaction and listing costs	`TransactionAndListingCosts`	$7.05M	USD	2 Qtrs
Transaction and listing costs	`TransactionAndListingCosts`	$5.83M	USD	1 Quarter
Transaction and listing costs	`TransactionAndListingCosts`	$3.89M	USD	2 Qtrs
Transaction and listing costs	`TransactionAndListingCosts`	$1.78M	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
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Depreciation	`Depreciation`	$61.85M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.14M	USD	1 Quarter
Depreciation	`Depreciation`	$50.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$30.75M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$356.27M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$408.55M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$182.21M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$180.88M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$52.16M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$51.68M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-38.86M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$88.45M	USD	2 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-14.96M	USD	2 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-7.23M	USD	1 Quarter
Interest and other expense, net	`InterestIncomeExpenseNet`	$-7.33M	USD	1 Quarter
Interest and other expense, net	`InterestIncomeExpenseNet`	$-10.86M	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	$15.36M	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	$-271.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.67M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.35M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.85M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-49.72M	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`	$422.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$734.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$43.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-50.66M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$88.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$44.24M	USD	1 Quarter
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-185.00K	USD	1 Quarter
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-446.00K	USD	2 Qtrs
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-459.00K	USD	2 Qtrs
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-914.00K	USD	1 Quarter
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-785.00K	USD	2 Qtrs
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	2 Qtrs
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-785.00K	USD	1 Quarter
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-51.11M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$42.88M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$44.84M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$88.44M	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.33	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.47	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.24	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	185.90M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	155.81M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	185.35M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	186.94M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$43.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-50.66M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$88.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$44.24M	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
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
Depreciation	`Depreciation`	$61.85M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.14M	USD	1 Quarter
Depreciation	`Depreciation`	$50.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$30.75M	USD	1 Quarter
Gain on sale of real estate	`GainLossOnSaleOfProperties`	-	USD	2 Qtrs
Gain on sale of real estate	`GainLossOnSaleOfProperties`	$15.36M	USD	2 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-3.99M	USD	2 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-1.24M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$15.86M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$18.94M	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$2.52M	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$2.72M	USD	2 Qtrs
Decrease in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-319.00K	USD	2 Qtrs
Decrease in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.47M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.97M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$116.82M	USD	2 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.97M	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$325.00K	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	2 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$28.83M	USD	2 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$29.18M	USD	2 Qtrs
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-6.97M	USD	2 Qtrs
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-1.65M	USD	2 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$203.50M	USD	2 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$5.65M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.53M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$138.00M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfEquity`	$2.35M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfEquity`	$215.42M	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$107.56M	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$124.24M	USD	2 Qtrs
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	$129.49M	USD	2 Qtrs
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Net proceeds from existing credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$118.20M	USD	2 Qtrs
Net proceeds from existing credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$176.80M	USD	2 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$38.00M	USD	2 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$26.27M	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$64.36M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$7.00M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$4.88M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-93.74M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-254.82M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.30M	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`	-	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`	-	USD	Point-in-time
Interest paid	`InterestPaid`	$12.92M	USD	2 Qtrs
Interest paid	`InterestPaid`	$15.90M	USD	2 Qtrs
Merger transactions purchase price, net	`StockIssuedDuringPeriodValueAcquisitions`	$1.81B	USD	2 Qtrs
Merger transactions purchase price, net	`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
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$17.56M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time

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