10-Q Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001185185-16-005117`
Period End Date	20160630
Filing Date	20160808
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	aple-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 108 Cash Flow Statement 66

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$489.86M	USD	Point-in-time
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$423.06M	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $489,860 and $423,057, respectively	`RealEstateInvestmentPropertyNet`	$3.64B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Investment in real estate, net of accumulated depreciation of $489,860 and $423,057, respectively	`RealEstateInvestmentPropertyNet`	$3.60B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.61M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$20.73M	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$22.65M	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
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`	$45.09M	USD	Point-in-time
Due from third party managers, net	`DueFromManagers`	$24.74M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	174.37M	shares	Point-in-time
Other assets, net	`OtherAssets`	$34.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	174.67M	shares	Point-in-time
Other assets, net	`OtherAssets`	$33.61M	USD	Point-in-time
Total Assets	`Assets`	$3.73B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	174.37M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	174.67M	shares	Point-in-time
Total Assets	`Assets`	$3.72B	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$114.80M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$155.60M	USD	Point-in-time
Term loans	`UnsecuredDebt`	$421.44M	USD	Point-in-time
Term loans	`UnsecuredDebt`	$470.41M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$461.86M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$396.64M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$77.61M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$77.25M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.10B	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.08B	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 174,670,726 and 174,368,340 shares, respectively	`CommonStockValue`	$3.50B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 174,670,726 and 174,368,340 shares, respectively	`CommonStockValue`	$3.51B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.06M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$851.47M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$866.79M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.63B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.65B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.73B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.72B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$237.34M	USD	1 Quarter
Room	`OccupancyRevenue`	$214.99M	USD	1 Quarter
Room	`OccupancyRevenue`	$443.49M	USD	2 Qtrs
Room	`OccupancyRevenue`	$407.00M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$20.30M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$37.72M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$38.63M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$19.38M	USD	1 Quarter
Total revenue	`Revenues`	$482.12M	USD	2 Qtrs
Total revenue	`Revenues`	$257.64M	USD	1 Quarter
Total revenue	`Revenues`	$444.73M	USD	2 Qtrs
Total revenue	`Revenues`	$234.37M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$57.15M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$111.76M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$118.29M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$61.46M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$37.05M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$17.41M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$34.56M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$18.86M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$34.98M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$17.88M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$19.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$37.91M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$15.32M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.72M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$15.72M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.56M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$18.69M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.61M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.36M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$18.53M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$18.71M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$9.89M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$10.93M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$20.38M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$16.98M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$8.09M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$15.59M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$8.95M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$23.28M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$13.08M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$11.72M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$25.53M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$5.01M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$4.97M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$2.51M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$2.51M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.70M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.89M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.25M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.06M	USD	1 Quarter
Transaction costs	`TransactionCosts`	$1.41M	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$1.12M	USD	1 Quarter
Transaction costs	`TransactionCosts`	$7.05M	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$5.83M	USD	1 Quarter
Depreciation	`Depreciation`	$31.14M	USD	1 Quarter
Depreciation	`Depreciation`	$67.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$33.82M	USD	1 Quarter
Depreciation	`Depreciation`	$61.85M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$356.27M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$182.21M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$373.73M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$193.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$64.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.16M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$88.45M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$108.39M	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`	$-18.36M	USD	2 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-9.56M	USD	1 Quarter
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	$15.36M	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	$-271.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.67M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.08M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$90.03M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.85M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$422.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$623.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$360.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$734.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$44.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$89.40M	USD	2 Qtrs
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-12.20M	USD	2 Qtrs
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-459.00K	USD	2 Qtrs
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-5.50M	USD	1 Quarter
Unrealized loss on interest rate derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-185.00K	USD	1 Quarter
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Cash flow hedge losses reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-785.00K	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	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.22M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$88.44M	USD	2 Qtrs
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.24	USD	1 Quarter
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.31	USD	1 Quarter
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.47	USD	2 Qtrs
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.51	USD	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`	174.67M	shares	2 Qtrs
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`	174.67M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$44.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$89.40M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.14M	USD	1 Quarter
Depreciation	`Depreciation`	$67.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$33.82M	USD	1 Quarter
Depreciation	`Depreciation`	$61.85M	USD	2 Qtrs
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`	$-3.23M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$18.94M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$20.35M	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$1.55M	USD	2 Qtrs
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$2.52M	USD	2 Qtrs
Decrease in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.37M	USD	2 Qtrs
Decrease in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-319.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$116.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$136.67M	USD	2 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.97M	USD	2 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$503.00K	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$325.00K	USD	2 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$29.18M	USD	2 Qtrs
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$35.49M	USD	2 Qtrs
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-6.97M	USD	2 Qtrs
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-1.61M	USD	2 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$203.50M	USD	2 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$138.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.38M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$215.42M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$361.00K	USD	2 Qtrs
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$459.00K	USD	2 Qtrs
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$124.24M	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$104.71M	USD	2 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$5.70M	USD	2 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$40.80M	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$212.50M	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$50.00M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfUnsecuredDebt`	$100.00M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfUnsecuredDebt`	-	USD	2 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$38.00M	USD	2 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$24.00M	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$64.36M	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$86.88M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$7.00M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$3.06M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-80.68M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-254.82M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$21.61M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.61M	USD	Point-in-time
Cash and cash equivalents, end 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`	-	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.61M	USD	Point-in-time
Interest paid	`InterestPaid`	$19.62M	USD	2 Qtrs
Interest paid	`InterestPaid`	$15.90M	USD	2 Qtrs
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$17.56M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$17.45M	USD	Point-in-time

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