10-K Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001185185-17-000461`
Period End Date	20161231
Filing Date	20170227
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	aple-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 84 Cash Flow Statement 113 Stockholders Equity 32

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Investment in real estate accumulated depreciation (in Dollars)	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$557.60M	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 $557,597 and $423,057, respectively	`RealEstateInvestmentPropertyNet`	$3.64B	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $557,597 and $423,057, respectively	`RealEstateInvestmentPropertyNet`	$4.82B	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Assets held for sale	`RealEstateHeldforsale`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Assets held for sale	`RealEstateHeldforsale`	$39.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$29.43M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$22.65M	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`	$24.74M	USD	Point-in-time
Due from third party managers, net	`DueFromManagers`	$31.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	174.37M	shares	Point-in-time
Other assets, net	`OtherAssets`	$33.61M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	222.94M	shares	Point-in-time
Other assets, net	`OtherAssets`	$56.51M	USD	Point-in-time
Total Assets	`Assets`	$4.98B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	174.37M	shares	Point-in-time
Total Assets	`Assets`	$3.72B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	222.94M	shares	Point-in-time
Revolving credit facility	`LineOfCredit`	$114.80M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$270.00M	USD	Point-in-time
Term loans	`UnsecuredDebt`	$570.93M	USD	Point-in-time
Term loans	`UnsecuredDebt`	$421.44M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$461.86M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$497.03M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$77.61M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$124.86M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.46B	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 222,938,648 and 174,368,340 shares, respectively	`CommonStockValue`	$4.45B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 222,938,648 and 174,368,340 shares, respectively	`CommonStockValue`	$3.50B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.06M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.59M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$940.73M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$851.47M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$3.52B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$2.65B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$3.01B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$4.98B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$3.72B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$821.73M	USD	Annual
Room	`OccupancyRevenue`	$735.88M	USD	Annual
Room	`OccupancyRevenue`	$956.12M	USD	Annual
Other	`OtherHotelOperatingRevenue`	$68.01M	USD	Annual
Other	`OtherHotelOperatingRevenue`	$84.91M	USD	Annual
Other	`OtherHotelOperatingRevenue`	$76.58M	USD	Annual
Total revenue	`Revenues`	$803.90M	USD	Annual
Total revenue	`Revenues`	$898.31M	USD	Annual
Total revenue	`Revenues`	$1.04B	USD	Annual
Operating	`DirectCostsOfHotels`	$227.91M	USD	Annual
Operating	`DirectCostsOfHotels`	$206.83M	USD	Annual
Operating	`DirectCostsOfHotels`	$262.43M	USD	Annual
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$81.10M	USD	Annual
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$59.92M	USD	Annual
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$69.53M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$82.66M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$71.01M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$64.56M	USD	Annual
Utilities	`UtilitiesCosts`	$35.59M	USD	Annual
Utilities	`UtilitiesCosts`	$30.82M	USD	Annual
Utilities	`UtilitiesCosts`	$32.67M	USD	Annual
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$36.89M	USD	Annual
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$32.94M	USD	Annual
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$41.25M	USD	Annual
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$33.46M	USD	Annual
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$44.23M	USD	Annual
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$38.00M	USD	Annual
Management fees	`OwnedPropertyManagementCosts`	$27.38M	USD	Annual
Management fees	`OwnedPropertyManagementCosts`	$31.07M	USD	Annual
Management fees	`OwnedPropertyManagementCosts`	$35.59M	USD	Annual
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$40.05M	USD	Annual
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$46.02M	USD	Annual
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$56.86M	USD	Annual
Ground lease	`OperatingLeasesRentExpenseNet`	$8.34M	USD	Annual
Ground lease	`OperatingLeasesRentExpenseNet`	$10.41M	USD	Annual
Ground lease	`OperatingLeasesRentExpenseNet`	$10.00M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$20.91M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$19.55M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$17.03M	USD	Annual
Transaction and litigation costs	`TransactionAndLitigationCosts`	$7.18M	USD	Annual
Transaction and litigation costs	`TransactionAndLitigationCosts`	$34.99M	USD	Annual
Transaction and litigation costs	`TransactionAndLitigationCosts`	$5.14M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$5.47M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$10.99M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$45.00M	USD	Annual
Depreciation	`Depreciation`	$127.45M	USD	Annual
Depreciation	`Depreciation`	$148.16M	USD	Annual
Depreciation	`Depreciation`	$113.11M	USD	Annual
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	Annual
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	$117.13M	USD	Annual
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	Annual
Total expenses	`OperatingExpenses`	$771.57M	USD	Annual
Total expenses	`OperatingExpenses`	$855.76M	USD	Annual
Total expenses	`OperatingExpenses`	$762.28M	USD	Annual
Operating income	`OperatingIncomeLoss`	$136.03M	USD	Annual
Operating income	`OperatingIncomeLoss`	$32.33M	USD	Annual
Operating income	`OperatingIncomeLoss`	$185.26M	USD	Annual
Interest and other expense, net	`InterestIncomeExpenseNet`	$-33.13M	USD	Annual
Interest and other expense, net	`InterestIncomeExpenseNet`	$-40.03M	USD	Annual
Interest and other expense, net	`InterestIncomeExpenseNet`	$-23.52M	USD	Annual
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	$15.29M	USD	Annual
Gain (loss) on sale of real estate	`GainLossOnDispositionOfAssets1`	$-153.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.19M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.80M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$145.08M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.97M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$431.00K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$898.00K	USD	Annual
Net income	`NetIncomeLoss`	$117.29M	USD	Annual
Net income	`NetIncomeLoss`	$6.83M	USD	Annual
Net income	`NetIncomeLoss`	$144.65M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$6.65M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.55M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-511.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.32M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$151.30M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$115.74M	USD	Annual
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.04	USD	Annual
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.65	USD	Annual
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.76	USD	Annual
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	171.49M	shares	Annual
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	190.86M	shares	Annual
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	180.26M	shares	Annual

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$117.29M	USD	Annual
Net income	`NetIncomeLoss`	$6.83M	USD	Annual
Net income	`NetIncomeLoss`	$144.65M	USD	Annual
Depreciation	`Depreciation`	$127.45M	USD	Annual
Depreciation	`Depreciation`	$148.16M	USD	Annual
Depreciation	`Depreciation`	$113.11M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$5.47M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$10.99M	USD	Annual
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$45.00M	USD	Annual
(Gain) loss on sale of real estate	`GainLossOnSaleOfProperties`	$15.29M	USD	Annual
(Gain) loss on sale of real estate	`GainLossOnSaleOfProperties`	-	USD	Annual
(Gain) loss on sale of real estate	`GainLossOnSaleOfProperties`	$-153.00K	USD	Annual
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	Annual
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	$117.13M	USD	Annual
Series B convertible preferred share expense	`ConvertiblePreferredStockConvertedToOtherSecurities`	-	USD	Annual
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-6.01M	USD	Annual
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-6.75M	USD	Annual
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-1.12M	USD	Annual
Decrease (increase) in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$1.83M	USD	Annual
Decrease (increase) in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$-1.93M	USD	Annual
Decrease (increase) in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$-5.16M	USD	Annual
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$9.91M	USD	Annual
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$644.00K	USD	Annual
Increase in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$1.49M	USD	Annual
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.56M	USD	Annual
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.06M	USD	Annual
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$31.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$332.03M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$252.19M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$281.05M	USD	Annual
Cash consideration in Apple Ten merger	`PaymentsToAcquireBusinessesGross`	-	USD	Annual
Cash consideration in Apple Ten merger	`PaymentsToAcquireBusinessesGross`	$93.59M	USD	Annual
Cash consideration in Apple Ten merger	`PaymentsToAcquireBusinessesGross`	-	USD	Annual
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$233.08M	USD	Annual
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of hotel properties, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.99M	USD	Annual
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$510.00K	USD	Annual
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$563.00K	USD	Annual
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	Annual
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$67.99M	USD	Annual
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$65.13M	USD	Annual
Capital improvements and development costs	`PaymentsForCapitalImprovements`	$62.26M	USD	Annual
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-3.62M	USD	Annual
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-3.94M	USD	Annual
Decrease in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-8.45M	USD	Annual
Net proceeds from sale of hotel properties	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$9.76M	USD	Annual
Net proceeds from sale of hotel properties	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$5.65M	USD	Annual
Net proceeds from sale of hotel properties	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$205.16M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-58.40M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.84M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-82.28M	USD	Annual
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.35M	USD	Annual
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$7.87M	USD	Annual
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$237.57M	USD	Annual
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.46M	USD	Annual
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Repurchases of common shares to satisfy employee withholding requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	$1.21M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$233.41M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$229.06M	USD	Annual
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$229.13M	USD	Annual
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$91.60M	USD	Annual
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$155.20M	USD	Annual
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$23.20M	USD	Annual
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	$129.49M	USD	Annual
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Payments on extinguished credit facilities	`RepaymentsOfLinesOfCredit`	$111.10M	USD	Annual
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$100.00M	USD	Annual
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$425.00M	USD	Annual
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$150.00M	USD	Annual
Repayment of term loan	`RepaymentsOfUnsecuredDebt`	$100.00M	USD	Annual
Repayment of term loan	`RepaymentsOfUnsecuredDebt`	-	USD	Annual
Repayment of term loan	`RepaymentsOfUnsecuredDebt`	-	USD	Annual
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$94.00M	USD	Annual
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$27.00M	USD	Annual
Proceeds from mortgage debt	`ProceedsFromIssuanceOfDebt`	$38.00M	USD	Annual
Payments of mortgage debt	`RepaymentsOfDebt`	$207.69M	USD	Annual
Payments of mortgage debt	`RepaymentsOfDebt`	$60.33M	USD	Annual
Payments of mortgage debt	`RepaymentsOfDebt`	$111.22M	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$3.01M	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$7.05M	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$4.90M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-162.20M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-211.88M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-198.77M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.10M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
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`	-	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`	-	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaid`	$35.02M	USD	Annual
Interest paid	`InterestPaid`	$29.67M	USD	Annual
Interest paid	`InterestPaid`	$41.88M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.02M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.86M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.10M	USD	Annual
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	-	USD	Annual
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	$117.13M	USD	Annual
Conversion of Series B convertible preferred shares to common shares	`ConversionOfStockAmountConverted1`	-	USD	Annual
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$17.44M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$22.29M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Notes payable assumed in acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Notes payable assumed in acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$22.40M	USD	Annual
Notes payable assumed in acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Distributions paid to shareholders	`CommonStockDividendsPerShareCashPaid`	$1.27	USD	Annual
Balance	`StockholdersEquity`	$3.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.65B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.01B	USD	Point-in-time
Distributions paid to shareholders	`CommonStockDividendsPerShareCashPaid`	$1.39	USD	Annual
Reverse share split	`StockholdersEquityNoteStockSplitConversionRatio1`	0.50	pure	Point-in-time
Reverse share split	`StockholdersEquityNoteStockSplitConversionRatio1`	0.50	pure	Annual
Issuance of common shares	`StockIssuedDuringPeriodValueNewIssues`	$954.88M	USD	Annual
Distribution payable to shareholders	`DividendsPayableAmountPerShare`	$0.10	USD	Point-in-time
Issuance of common shares	`StockIssuedDuringPeriodValueNewIssues`	$1.82B	USD	Annual
Distributions declared to shareholders	`CommonStockDividendsPerShareDeclared`	$1.20	USD	Annual
Conversion of Series B convertible preferred shares into common shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$117.13M	USD	Annual
Share based compensation, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$823.00K	USD	Annual
Share based compensation, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.61M	USD	Annual
Common shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$-2.35M	USD	Annual
Common shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$-7.87M	USD	Annual
Common shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$-237.57M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$6.65M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.55M	USD	Annual
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-511.00K	USD	Annual
Net income	`NetIncomeLoss`	$117.29M	USD	Annual
Net income	`NetIncomeLoss`	$6.83M	USD	Annual
Net income	`NetIncomeLoss`	$144.65M	USD	Annual
Distributions declared to shareholders	`DividendsCommonStock`	$233.91M	USD	Annual
Distributions declared and paid to shareholders	`DividendsCommonStockPaid`	$-233.41M	USD	Annual
Distributions declared and paid to shareholders	`DividendsCommonStockPaid`	$-229.13M	USD	Annual
Distribution declared and payable to shareholders	`DividendsCommonStockPayable`	$-17.44M	USD	Annual
Balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.65B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.01B	USD	Point-in-time

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