10-Q Filing

APPLE HOSPITALITY REIT, INC. CIK: 1418121 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001185185-17-001660`
Period End Date	20170630
Filing Date	20170807
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	aple-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 108 Cash Flow Statement 70

Balance Sheet 48 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`	$644.72M	USD	Point-in-time
Investment in real estate, net of accumulated depreciation of $644,718 and $557,597, 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
Investment in real estate, net of accumulated depreciation of $644,718 and $557,597, respectively	`RealEstateInvestmentPropertyNet`	$4.77B	USD	Point-in-time
Assets held for sale	`RealEstateHeldforsale`	$39.00M	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
Assets held for sale	`RealEstateHeldforsale`	-	USD	Point-in-time
Restricted cash-furniture, fixtures and other escrows	`RestrictedCashAndCashEquivalents`	$28.24M	USD	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Due from third party managers, net	`DueFromManagers`	$31.46M	USD	Point-in-time
Due from third party managers, net	`DueFromManagers`	$57.68M	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
Common stock, shares issued	`CommonStockSharesIssued`	223.06M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	222.94M	shares	Point-in-time
Other assets, net	`OtherAssets`	$56.51M	USD	Point-in-time
Other assets, net	`OtherAssets`	$47.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	223.06M	shares	Point-in-time
Total Assets	`Assets`	$4.90B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	222.94M	shares	Point-in-time
Total Assets	`Assets`	$4.98B	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$270.00M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$301.30M	USD	Point-in-time
Term loans	`UnsecuredDebt`	$570.93M	USD	Point-in-time
Term loans	`UnsecuredDebt`	$571.46M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$497.03M	USD	Point-in-time
Mortgage debt	`SecuredDebt`	$435.56M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$88.69M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$124.86M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.40B	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.46B	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 223,055,340 and 222,938,648 shares, respectively	`CommonStockValue`	$4.46B	USD	Point-in-time
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 223,055,340 and 222,938,648 shares, respectively	`CommonStockValue`	$4.45B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.96M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.59M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$952.58M	USD	Point-in-time
Distributions greater than net income	`AccumulatedDistributionsInExcessOfNetIncome`	$940.73M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.52B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.98B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.90B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$443.49M	USD	2 Qtrs
Room	`OccupancyRevenue`	$237.34M	USD	1 Quarter
Room	`OccupancyRevenue`	$575.68M	USD	2 Qtrs
Room	`OccupancyRevenue`	$306.28M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$20.30M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$38.63M	USD	2 Qtrs
Other	`OtherHotelOperatingRevenue`	$25.42M	USD	1 Quarter
Other	`OtherHotelOperatingRevenue`	$48.95M	USD	2 Qtrs
Total revenue	`Revenues`	$257.64M	USD	1 Quarter
Total revenue	`Revenues`	$482.12M	USD	2 Qtrs
Total revenue	`Revenues`	$331.70M	USD	1 Quarter
Total revenue	`Revenues`	$624.63M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$118.29M	USD	2 Qtrs
Operating	`DirectCostsOfHotels`	$61.46M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$80.34M	USD	1 Quarter
Operating	`DirectCostsOfHotels`	$155.50M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$50.05M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$37.05M	USD	2 Qtrs
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$25.22M	USD	1 Quarter
Hotel administrative	`CostOfOtherPropertyOperatingExpense`	$18.86M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$37.91M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$19.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$50.38M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$26.27M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$10.19M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$7.72M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$19.95M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$15.32M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$9.61M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$24.20M	USD	2 Qtrs
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$12.28M	USD	1 Quarter
Repair and maintenance	`CostOfPropertyRepairsAndMaintenance`	$18.69M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$10.93M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$20.38M	USD	2 Qtrs
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$14.16M	USD	1 Quarter
Franchise fees	`DirectOperatingCostRoyaltyExpense`	$26.64M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$11.54M	USD	1 Quarter
Management fees	`OwnedPropertyManagementCosts`	$21.76M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$16.98M	USD	2 Qtrs
Management fees	`OwnedPropertyManagementCosts`	$8.95M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$17.82M	USD	1 Quarter
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$34.75M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$25.53M	USD	2 Qtrs
Property taxes, insurance and other	`RealEstateTaxesAndInsurance`	$13.08M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$2.84M	USD	1 Quarter
Ground lease	`OperatingLeasesRentExpenseNet`	$4.97M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$5.66M	USD	2 Qtrs
Ground lease	`OperatingLeasesRentExpenseNet`	$2.51M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.90M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.06M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.89M	USD	2 Qtrs
Transaction and litigation costs (reimbursements)	`TransactionAndLitigationCostsReimbursements`	$1.12M	USD	1 Quarter
Transaction and litigation costs (reimbursements)	`TransactionAndLitigationCostsReimbursements`	$-2.59M	USD	2 Qtrs
Transaction and litigation costs (reimbursements)	`TransactionAndLitigationCostsReimbursements`	$1.41M	USD	2 Qtrs
Transaction and litigation costs (reimbursements)	`TransactionAndLitigationCostsReimbursements`	$-2.59M	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$7.88M	USD	2 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	2 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Depreciation	`Depreciation`	$87.66M	USD	2 Qtrs
Depreciation	`Depreciation`	$67.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$33.82M	USD	1 Quarter
Depreciation	`Depreciation`	$43.89M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$373.73M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$248.13M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$494.72M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$193.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$83.57M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.39M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$64.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$129.91M	USD	2 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-18.36M	USD	2 Qtrs
Interest and other expense, net	`InterestIncomeExpenseNet`	$-11.85M	USD	1 Quarter
Interest and other expense, net	`InterestIncomeExpenseNet`	$-9.56M	USD	1 Quarter
Interest and other expense, net	`InterestIncomeExpenseNet`	$-23.57M	USD	2 Qtrs
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$16.14M	USD	1 Quarter
Gain on sale of real estate	`GainLossOnDispositionOfAssets1`	$16.14M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$90.03M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$87.86M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$122.48M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$623.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$509.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$360.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$259.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$87.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$54.72M	USD	1 Quarter
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.18M	USD	1 Quarter
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-5.50M	USD	1 Quarter
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-12.20M	USD	2 Qtrs
Interest rate derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$370.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$86.43M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$122.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.22M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.21M	USD	2 Qtrs
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.39	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`	$0.51	USD	2 Qtrs
Basic and diluted net income per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.55	USD	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	223.05M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	174.67M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	223.05M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	174.67M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$121.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$87.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$54.72M	USD	1 Quarter
Depreciation	`Depreciation`	$87.66M	USD	2 Qtrs
Depreciation	`Depreciation`	$67.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$33.82M	USD	1 Quarter
Depreciation	`Depreciation`	$43.89M	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	$7.88M	USD	2 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	2 Qtrs
Loss on impairment of depreciable real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Gain on sale of real estate	`GainLossOnSaleOfProperties`	-	USD	2 Qtrs
Gain on sale of real estate	`GainLossOnSaleOfProperties`	$16.14M	USD	2 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-3.23M	USD	2 Qtrs
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-3.62M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$26.21M	USD	2 Qtrs
Increase in due from third party managers, net	`IncreaseDecreaseInDueFromThirdPartyManagers`	$20.35M	USD	2 Qtrs
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$1.55M	USD	2 Qtrs
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-8.43M	USD	2 Qtrs
Decrease in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-30.90M	USD	2 Qtrs
Decrease in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$156.31M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$136.67M	USD	2 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireRealEstate`	-	USD	2 Qtrs
Acquisition of hotel properties, net	`PaymentsToAcquireRealEstate`	$18.13M	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	2 Qtrs
Deposits and other disbursements for potential acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$503.00K	USD	2 Qtrs
Capital improvements	`PaymentsForCapitalImprovements`	$28.87M	USD	2 Qtrs
Capital improvements	`PaymentsForCapitalImprovements`	$35.49M	USD	2 Qtrs
Decrease (increase) in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$190.00K	USD	2 Qtrs
Decrease (increase) in capital improvement reserves	`IncreaseDecreaseInRestrictedCash`	$-1.61M	USD	2 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	-	USD	2 Qtrs
Net proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$28.53M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.38M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.66M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$361.00K	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	-	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`	$432.00K	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$133.81M	USD	2 Qtrs
Distributions paid to common shareholders	`PaymentsOfDividendsCommonStock`	$104.71M	USD	2 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$40.80M	USD	2 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$31.30M	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfDebt`	$50.00M	USD	2 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfSecuredDebt`	$24.00M	USD	2 Qtrs
Proceeds from mortgage debt	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$86.88M	USD	2 Qtrs
Payments of mortgage debt	`RepaymentsOfDebt`	$34.59M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$3.06M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$120.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-80.68M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-137.65M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$21.61M	USD	2 Qtrs
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, 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`	-	USD	Point-in-time
Cash and cash equivalents, end 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
Interest paid	`InterestPaid`	$23.53M	USD	2 Qtrs
Interest paid	`InterestPaid`	$19.62M	USD	2 Qtrs
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$22.30M	USD	Point-in-time
Accrued distribution to common shareholders	`DividendsPayableCurrentAndNoncurrent`	$17.45M	USD	Point-in-time
Mortgage debt assumed by buyer upon sale of real estate	`NotesReduction`	$27.07M	USD	2 Qtrs
Mortgage debt assumed by buyer upon sale of real estate	`NotesReduction`	-	USD	2 Qtrs

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