10-Q Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001185185-15-002792`
Period End Date	20150930
Filing Date	20151105
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	aple-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 116 Cash Flow Statement 74

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$296.56M	USD	Point-in-time
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$390.06M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation of $390,065 and $296,559, respectively	`RealEstateInvestmentPropertyNet`	$3.65B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation of $390,065 and $296,559, respectively	`RealEstateInvestmentPropertyNet`	$3.49B	USD	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.10M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.00K	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$25.70M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$32.53M	USD	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`	$38.44M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	174.40M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	186.91M	shares	Point-in-time
Other assets, net	`OtherAssets`	$42.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	186.91M	shares	Point-in-time
Other assets, net	`OtherAssets`	$35.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	174.40M	shares	Point-in-time
Total Assets	`Assets`	$3.76B	USD	Point-in-time
Total Assets	`Assets`	$3.78B	USD	Point-in-time
Credit facility	`LineOfCredit`	$191.60M	USD	Point-in-time
Credit facility	`LineOfCredit`	$500.50M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$517.97M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$463.75M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$80.53M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$55.55M	USD	Point-in-time
Total Liabilities	`Liabilities`	$765.12M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.04B	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 174,404,915 and 186,910,407 shares, respectively	`CommonStockValue`	$3.50B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 174,404,915 and 186,910,407 shares, respectively	`CommonStockValue`	$3.74B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-511.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.16M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$722.19M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$781.37M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.71B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.01B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.78B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.76B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$221.98M	USD	1 Quarter
Room	`OccupancyRevenue`	$628.98M	USD	3 Qtrs
Room	`OccupancyRevenue`	$213.83M	USD	1 Quarter
Room	`OccupancyRevenue`	$552.64M	USD	3 Qtrs
Other	`OtherHotelOperatingRevenue`	$56.30M	USD	3 Qtrs
Other	`OtherHotelOperatingRevenue`	$18.05M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$48.93M	USD	3 Qtrs
Other	`OtherHotelOperatingRevenue`	$18.58M	USD	1 Quarter
Total revenue	`Revenues`	$231.88M	USD	1 Quarter
Total revenue	`Revenues`	$685.28M	USD	3 Qtrs
Total revenue	`Revenues`	$601.57M	USD	3 Qtrs
Total revenue	`Revenues`	$240.56M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$58.62M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$170.78M	USD	3 Qtrs
Operating	`DirectCostsOfHotels`	$59.02M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$152.02M	USD	3 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$17.68M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$43.61M	USD	3 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$52.25M	USD	3 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$16.63M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$18.52M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$47.80M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$53.50M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$18.44M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$25.22M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$22.96M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$9.51M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$9.59M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.07M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$27.77M	USD	3 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.24M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$23.94M	USD	3 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$29.07M	USD	3 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$10.36M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$25.14M	USD	3 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$9.76M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$21.07M	USD	3 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$8.49M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$8.08M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$24.08M	USD	3 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$29.48M	USD	3 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$33.73M	USD	3 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$10.45M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$11.12M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$7.50M	USD	3 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$2.49M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$5.85M	USD	3 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$2.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.77M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.42M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.63M	USD	1 Quarter
Transaction and listing costs	`TransactionAndListingCosts`	$4.59M	USD	3 Qtrs
Transaction and listing costs	`TransactionAndListingCosts`	$7.89M	USD	3 Qtrs
Transaction and listing costs	`TransactionAndListingCosts`	$707.00K	USD	1 Quarter
Transaction and listing costs	`TransactionAndListingCosts`	$842.00K	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
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	3 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	3 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$8.60M	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
Depreciation	`Depreciation`	$31.09M	USD	1 Quarter
Depreciation	`Depreciation`	$94.20M	USD	3 Qtrs
Depreciation	`Depreciation`	$81.41M	USD	3 Qtrs
Depreciation	`Depreciation`	$32.35M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$184.15M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$598.38M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$189.83M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$540.42M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$56.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.19M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$42.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$144.86M	USD	3 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-24.27M	USD	3 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-9.30M	USD	1 Quarter
Interest and other expense, net	`InterestIncomeExpenseNet`	$-6.34M	USD	1 Quarter
Interest and other expense, net	`InterestIncomeExpenseNet`	$-17.20M	USD	3 Qtrs
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$15.36M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-14.01M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.72M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$47.11M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$135.95M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$872.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$138.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$553.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$35.16M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-15.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$135.08M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$46.97M	USD	1 Quarter
Unrealized gain (loss) on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$311.00K	USD	3 Qtrs
Unrealized gain (loss) on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-6.44M	USD	3 Qtrs
Unrealized gain (loss) on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-5.98M	USD	1 Quarter
Unrealized gain (loss) on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$757.00K	USD	1 Quarter
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	3 Qtrs
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-785.00K	USD	3 Qtrs
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-15.19M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$35.92M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$129.43M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$40.99M	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.74	USD	3 Qtrs
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.27	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.19	USD	1 Quarter
Basic and diluted net income (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	166.29M	shares	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	186.91M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	182.25M	shares	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	175.07M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$35.16M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-15.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$135.08M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$46.97M	USD	1 Quarter
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	1 Quarter
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	3 Qtrs
Depreciation	`Depreciation`	$31.09M	USD	1 Quarter
Depreciation	`Depreciation`	$94.20M	USD	3 Qtrs
Depreciation	`Depreciation`	$81.41M	USD	3 Qtrs
Depreciation	`Depreciation`	$32.35M	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	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
Gain on sale of real estate	`GainLossOnSaleOfProperties`	$15.36M	USD	3 Qtrs
Gain on sale of real estate	`GainLossOnSaleOfProperties`	-	USD	3 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-5.00M	USD	3 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-1.13M	USD	3 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$15.52M	USD	3 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$9.44M	USD	3 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$4.09M	USD	3 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$4.63M	USD	3 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.39M	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`	$205.16M	USD	3 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$213.19M	USD	3 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	3 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$1.13M	USD	3 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$40.05M	USD	3 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$48.24M	USD	3 Qtrs
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-7.35M	USD	3 Qtrs
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-2.37M	USD	3 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$205.15M	USD	3 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$5.65M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.22M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.87M	USD	3 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfEquity`	$236.72M	USD	3 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfEquity`	$2.35M	USD	3 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$169.86M	USD	3 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$176.81M	USD	3 Qtrs
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	$129.49M	USD	3 Qtrs
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Net proceeds from existing credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$175.00M	USD	3 Qtrs
Net proceeds from existing credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$308.90M	USD	3 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$38.00M	USD	3 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$27.00M	USD	3 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$57.29M	USD	3 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$89.55M	USD	3 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$5.00M	USD	3 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$7.01M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-163.19M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-162.00M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$105.00K	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.10M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	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, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$105.00K	USD	Point-in-time
Cash and cash equivalents, end 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`	$105.00K	USD	Point-in-time
Interest paid	`InterestPaid`	$21.53M	USD	3 Qtrs
Interest paid	`InterestPaid`	$25.23M	USD	3 Qtrs
Merger transactions purchase price, net	`StockIssuedDuringPeriodValueAcquisitions`	$1.81B	USD	3 Qtrs
Merger transactions purchase price, net	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	$117.13M	USD	3 Qtrs
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$17.44M	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.