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10-Q Filing

ASHFORD HOSPITALITY TRUST INC CIK: 1232582 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001232582-20-000029
Period End Date 20200331
Filing Date 20200528
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance aht2020q110q_htm.xml
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivable $698.00K USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivable $794.00K USD Point-in-time
Investments in hotel properties, net PropertyPlantAndEquipmentNet $4.11B USD Point-in-time
Preferred stock, par value (in dollars per shares) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Investments in hotel properties, net PropertyPlantAndEquipmentNet $4.02B USD Point-in-time
Preferred stock, par value (in dollars per shares) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $319.21M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $240.32M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $242.56M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $262.64M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $152.15M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $126.65M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $135.57M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $120.60M USD Point-in-time
Marketable securities MarketableSecurities $14.59M USD Point-in-time
Marketable securities MarketableSecurities $437.00K USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Accounts receivable, net of allowance of $794 and $698, respectively AccountsReceivableExcludingFinancingReceivableAfterAllowanceForCreditLoss $29.13M USD Point-in-time
Accounts receivable, net of allowance of $794 and $698, respectively AccountsReceivableExcludingFinancingReceivableAfterAllowanceForCreditLoss $39.64M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 400.00M shares Point-in-time
Inventories InventoryNet $4.29M USD Point-in-time
Inventories InventoryNet $4.35M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 102.10M shares Point-in-time
Notes receivable, net NotesReceivableNet $7.71M USD Point-in-time
Notes receivable, net NotesReceivableNet $7.84M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 105.12M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 102.10M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 105.12M shares Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $2.80M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $2.83M USD Point-in-time
Deferred costs, net DeferredCostsCurrentAndNoncurrent $2.90M USD Point-in-time
Deferred costs, net DeferredCostsCurrentAndNoncurrent $2.79M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $21.89M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $28.33M USD Point-in-time
Derivative assets, net DerivativeAssets $1.63M USD Point-in-time
Derivative assets, net DerivativeAssets $1.69M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $49.99M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $45.58M USD Point-in-time
Other assets OtherAssets $17.93M USD Point-in-time
Other assets OtherAssets $27.78M USD Point-in-time
Intangible assets FiniteLivedIntangibleAssetsNet $797.00K USD Point-in-time
Intangible assets FiniteLivedIntangibleAssetsNet $797.00K USD Point-in-time
Due from related parties, net DueFromRelatedParties $4.40M USD Point-in-time
Due from related parties, net DueFromRelatedParties $3.02M USD Point-in-time
Due from third-party hotel managers DueFromThirdPartyHotelManagers $19.18M USD Point-in-time
Due from third-party hotel managers DueFromThirdPartyHotelManagers $17.37M USD Point-in-time
Total assets Assets $4.69B USD Point-in-time
Total assets Assets $4.57B USD Point-in-time
Indebtedness, net LongTermDebt $4.10B USD Point-in-time
Indebtedness, net LongTermDebt $4.11B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $134.34M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $135.99M USD Point-in-time
Dividends and distributions payable DividendsPayableCurrentAndNoncurrent $27.55M USD Point-in-time
Dividends and distributions payable DividendsPayableCurrentAndNoncurrent $11.74M USD Point-in-time
Dividends and distributions payable DividendsPayableCurrentAndNoncurrent $20.85M USD Point-in-time
Due to Ashford Inc., net DueToAffiliateCurrentAndNoncurrent $6.57M USD Point-in-time
Due to Ashford Inc., net DueToAffiliateCurrentAndNoncurrent $5.23M USD Point-in-time
Due to third-party hotel managers DueToThirdPartyHotelManagers $2.51M USD Point-in-time
Due to third-party hotel managers DueToThirdPartyHotelManagers $3.02M USD Point-in-time
Intangible liabilities, net IntangibleLiabilitiesNet $2.32M USD Point-in-time
Intangible liabilities, net IntangibleLiabilitiesNet $2.34M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $53.27M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $45.75M USD Point-in-time
Derivative liabilities, net DerivativeLiabilities $42.00K USD Point-in-time
Derivative liabilities, net DerivativeLiabilities $350.00K USD Point-in-time
Other liabilities OtherLiabilities $25.78M USD Point-in-time
Other liabilities OtherLiabilities $25.17M USD Point-in-time
Total liabilities Liabilities $4.35B USD Point-in-time
Total liabilities Liabilities $4.33B USD Point-in-time
Commitments and contingencies (note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (note 16) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests in operating partnership RedeemableNoncontrollingInterestEquityCarryingAmount $69.87M USD Point-in-time
Redeemable noncontrolling interests in operating partnership RedeemableNoncontrollingInterestEquityCarryingAmount $35.23M USD Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized, 105,115,965 and 102,103,602 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively CommonStockValue $1.05M USD Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized, 105,115,965 and 102,103,602 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively CommonStockValue $1.02M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.83B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.83B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.63B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.56B USD Point-in-time
Total stockholders equity of the Company StockholdersEquity $197.21M USD Point-in-time
Total stockholders equity of the Company StockholdersEquity $268.76M USD Point-in-time
Noncontrolling interest in consolidated entities MinorityInterest $456.00K USD Point-in-time
Noncontrolling interest in consolidated entities MinorityInterest $504.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.67M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $372.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $269.27M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $453.11M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.69B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.57B USD Point-in-time
Income Statement 58 line items
Line Item Tag Value Unit Period
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $281.88M USD 1 Quarter
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $358.72M USD 1 Quarter
Total hotel expenses CostOfGoodsAndServicesSold $228.49M USD 1 Quarter
Total hotel expenses CostOfGoodsAndServicesSold $201.71M USD 1 Quarter
Property taxes, insurance and other PropertyTaxesInsuranceandOther $20.47M USD 1 Quarter
Property taxes, insurance and other PropertyTaxesInsuranceandOther $20.40M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $66.35M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $67.18M USD 1 Quarter
Impairment charges AssetImpairmentCharges $27.61M USD 1 Quarter
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Advisory services fee AdvisoryServicesFee $16.30M USD 1 Quarter
Advisory services fee AdvisoryServicesFee $15.30M USD 1 Quarter
Corporate, general and administrative GeneralAndAdministrativeExpense $3.49M USD 1 Quarter
Corporate, general and administrative GeneralAndAdministrativeExpense $2.60M USD 1 Quarter
Total expenses CostsAndExpenses $334.94M USD 1 Quarter
Total expenses CostsAndExpenses $334.97M USD 1 Quarter
Gain (loss) on sale of assets and hotel properties GainLossOnSaleOfProperties $233.00K USD 1 Quarter
Gain (loss) on sale of assets and hotel properties GainLossOnSaleOfProperties $3.62M USD 1 Quarter
OPERATING INCOME (LOSS) OperatingIncomeLoss $-49.44M USD 1 Quarter
OPERATING INCOME (LOSS) OperatingIncomeLoss $23.98M USD 1 Quarter
Equity in earnings (loss) of unconsolidated entities IncomeLossFromEquityMethodInvestments $-79.00K USD 1 Quarter
Equity in earnings (loss) of unconsolidated entities IncomeLossFromEquityMethodInvestments $-1.06M USD 1 Quarter
Interest income InvestmentIncomeInterest $781.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $611.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-316.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $1.52M USD 1 Quarter
Interest expense and amortization of premiums and loan costs InterestExpenseDebt $57.09M USD 1 Quarter
Interest expense and amortization of premiums and loan costs InterestExpenseDebt $66.17M USD 1 Quarter
Write-off of premiums, loan costs and exit fees WriteOffOfDeferredDebtIssuanceCost $2.06M USD 1 Quarter
Write-off of premiums, loan costs and exit fees WriteOffOfDeferredDebtIssuanceCost $95.00K USD 1 Quarter
Unrealized gain (loss) on marketable securities MarketableSecuritiesUnrealizedGainLoss $808.00K USD 1 Quarter
Unrealized gain (loss) on marketable securities MarketableSecuritiesUnrealizedGainLoss $-1.48M USD 1 Quarter
Unrealized gain (loss) on derivatives UnrealizedGainLossOnDerivatives $-2.99M USD 1 Quarter
Unrealized gain (loss) on derivatives UnrealizedGainLossOnDerivatives $4.42M USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-101.62M USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-47.03M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-405.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $303.00K USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-101.92M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-46.62M USD 1 Quarter
(Income) loss attributable to noncontrolling interest in consolidated entities ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-48.00K USD 1 Quarter
(Income) loss attributable to noncontrolling interest in consolidated entities ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-26.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable $-8.58M USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable $-17.67M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $-38.02M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $-84.20M USD 1 Quarter
Preferred dividends PreferredStockDividendsIncomeStatementImpact $10.64M USD 1 Quarter
Preferred dividends PreferredStockDividendsIncomeStatementImpact $10.64M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $-94.84M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $-48.66M USD 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareBasic $-0.49 USD 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareBasic $-0.94 USD 1 Quarter
Weighted average common shares outstanding basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 100.47M shares 1 Quarter
Weighted average common shares outstanding basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.41M shares 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareDiluted $-0.94 USD 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareDiluted $-0.49 USD 1 Quarter
Weighted average common shares outstanding diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.41M shares 1 Quarter
Weighted average common shares outstanding diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 100.47M shares 1 Quarter
Cash Flow Statement 141 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-101.92M USD 1 Quarter
Net income (loss) ProfitLoss $-46.62M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $66.35M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $67.18M USD 1 Quarter
Impairment charges AssetImpairmentCharges $27.61M USD 1 Quarter
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Amortization of intangibles AmortizationofIntangibleAsset $59.00K USD 1 Quarter
Amortization of intangibles AmortizationofIntangibleAsset $69.00K USD 1 Quarter
Recognition of deferred income ContractWithCustomerLiabilityRevenueRecognized $222.00K USD 1 Quarter
Recognition of deferred income ContractWithCustomerLiabilityRevenueRecognized $237.00K USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $682.00K USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $567.00K USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxesAndTaxCredits $-321.00K USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxesAndTaxCredits $-697.00K USD 1 Quarter
Equity in (earnings) loss of unconsolidated entities IncomeLossFromEquityMethodInvestments $-79.00K USD 1 Quarter
Equity in (earnings) loss of unconsolidated entities IncomeLossFromEquityMethodInvestments $-1.06M USD 1 Quarter
(Gain) loss on sale of assets and hotel properties GainLossOnSaleOfProperties $233.00K USD 1 Quarter
(Gain) loss on sale of assets and hotel properties GainLossOnSaleOfProperties $3.62M USD 1 Quarter
Realized and unrealized (gain) loss on marketable securities MarketableSecuritiesGainLoss $627.00K USD 1 Quarter
Realized and unrealized (gain) loss on marketable securities MarketableSecuritiesGainLoss $804.00K USD 1 Quarter
Purchases of marketable securities PaymentsForPurchaseOfSecuritiesOperatingActivities $452.00K USD 1 Quarter
Purchases of marketable securities PaymentsForPurchaseOfSecuritiesOperatingActivities $1.32M USD 1 Quarter
Sales of marketable securities ProceedsFromSaleOfSecuritiesOperatingActivities $12.39M USD 1 Quarter
Sales of marketable securities ProceedsFromSaleOfSecuritiesOperatingActivities $15.23M USD 1 Quarter
Net settlement of trading derivatives NetSettlementofTradingDerivatives $-4.63M USD 1 Quarter
Net settlement of trading derivatives NetSettlementofTradingDerivatives $2.67M USD 1 Quarter
Realized and unrealized (gain) loss on derivatives GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet $-3.16M USD 1 Quarter
Realized and unrealized (gain) loss on derivatives GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet $4.20M USD 1 Quarter
Amortization of loan costs and premiums and write-off of premiums, loan costs and exit fees AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees $6.60M USD 1 Quarter
Amortization of loan costs and premiums and write-off of premiums, loan costs and exit fees AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees $9.26M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $4.91M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $4.59M USD 1 Quarter
Amortization of parking asset AmortizationOfParkingAsset $117.00K USD 1 Quarter
Amortization of parking asset AmortizationOfParkingAsset - USD 1 Quarter
Non-cash interest income OtherNoncashIncome $208.00K USD 1 Quarter
Non-cash interest income OtherNoncashIncome - USD 1 Quarter
Accounts receivable and inventories IncreaseDecreaseinAccountsReceivableAndInventories $-9.74M USD 1 Quarter
Accounts receivable and inventories IncreaseDecreaseinAccountsReceivableAndInventories $29.31M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.16M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $11.34M USD 1 Quarter
Operating lease right-of-use asset IncreaseDecreaseinOperatingLeaseRightofUseAssets $-265.00K USD 1 Quarter
Operating lease right-of-use asset IncreaseDecreaseinOperatingLeaseRightofUseAssets $1.86M USD 1 Quarter
Operating lease liability IncreaseDecreaseinOperatingLeaseLiability $-162.00K USD 1 Quarter
Operating lease liability IncreaseDecreaseinOperatingLeaseLiability $514.00K USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.44M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $21.20M USD 1 Quarter
Due to/from related parties IncreaseDecreaseInDueToRelatedPartiesExcludingAmountDueToAffiliates $-1.38M USD 1 Quarter
Due to/from related parties IncreaseDecreaseInDueToRelatedPartiesExcludingAmountDueToAffiliates $-2.33M USD 1 Quarter
Due to/from third-party hotel managers IncreaseDecreaseInDueToFromThirdPartyHotelManagers $-1.30M USD 1 Quarter
Due to/from third-party hotel managers IncreaseDecreaseInDueToFromThirdPartyHotelManagers $-3.47M USD 1 Quarter
Due to/from Ashford Inc., net IncreaseDecreaseInDueToAffiliates $-632.00K USD 1 Quarter
Due to/from Ashford Inc., net IncreaseDecreaseInDueToAffiliates $861.00K USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $777.00K USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $692.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $26.78M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $11.87M USD 1 Quarter
Investment in unconsolidated entity PaymentsToAcquireEquityMethodInvestments $299.00K USD 1 Quarter
Investment in unconsolidated entity PaymentsToAcquireEquityMethodInvestments $51.00K USD 1 Quarter
Proceeds from franchise agreement ProceedsfromFranchiseAgreementExtension - USD 1 Quarter
Proceeds from franchise agreement ProceedsfromFranchiseAgreementExtension $4.00M USD 1 Quarter
Acquisition of hotel properties and assets, net of cash and restricted cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of hotel properties and assets, net of cash and restricted cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $212.79M USD 1 Quarter
Improvements and additions to hotel properties PaymentsForCapitalImprovements $20.36M USD 1 Quarter
Improvements and additions to hotel properties PaymentsForCapitalImprovements $37.98M USD 1 Quarter
Net proceeds from sales of assets and hotel properties ProceedsFromSaleOfProductiveAssets $4.65M USD 1 Quarter
Net proceeds from sales of assets and hotel properties ProceedsFromSaleOfProductiveAssets $5.00M USD 1 Quarter
Payments for initial franchise fees PaymentsForInitialFranchiseFees - USD 1 Quarter
Payments for initial franchise fees PaymentsForInitialFranchiseFees $200.00K USD 1 Quarter
Proceeds from property insurance ProceedsFromInsuranceSettlementInvestingActivities $147.00K USD 1 Quarter
Proceeds from property insurance ProceedsFromInsuranceSettlementInvestingActivities $198.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-242.07M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-15.62M USD 1 Quarter
Borrowings on indebtedness ProceedsFromIssuanceOfLongTermDebt $37.00M USD 1 Quarter
Borrowings on indebtedness ProceedsFromIssuanceOfLongTermDebt $385.00M USD 1 Quarter
Repayments of indebtedness RepaymentsOfLongTermDebt $179.55M USD 1 Quarter
Repayments of indebtedness RepaymentsOfLongTermDebt $45.29M USD 1 Quarter
Payments for loan costs and exit fees PaymentsOfDebtIssuanceCosts $8.92M USD 1 Quarter
Payments for loan costs and exit fees PaymentsOfDebtIssuanceCosts $1.18M USD 1 Quarter
Payments for dividends and distributions PaymentsOfDividends $24.96M USD 1 Quarter
Payments for dividends and distributions PaymentsOfDividends $17.97M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $903.00K USD 1 Quarter
Payments for derivatives PaymentsForDerivativeInstrumentFinancingActivities $63.00K USD 1 Quarter
Payments for derivatives PaymentsForDerivativeInstrumentFinancingActivities $296.00K USD 1 Quarter
Common stock offering costs PaymentsOfStockIssuanceCosts - USD 1 Quarter
Common stock offering costs PaymentsOfStockIssuanceCosts $200.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $23.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $170.19M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-27.50M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-45.10M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-31.24M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $394.71M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $398.21M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $439.81M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $366.96M USD Point-in-time
Cash, cash equivalents and restricted cash and at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $394.71M USD Point-in-time
Cash, cash equivalents and restricted cash and at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $398.21M USD Point-in-time
Cash, cash equivalents and restricted cash and at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $439.81M USD Point-in-time
Cash, cash equivalents and restricted cash and at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $366.96M USD Point-in-time
Interest paid InterestPaidNet $51.27M USD 1 Quarter
Interest paid InterestPaidNet $57.46M USD 1 Quarter
Income taxes paid (refunded) IncomeTaxesPaidNet $46.00K USD 1 Quarter
Income taxes paid (refunded) IncomeTaxesPaidNet $-87.00K USD 1 Quarter
Accrued but unpaid capital expenditures CapitalExpendituresIncurredButNotYetPaid $18.71M USD 1 Quarter
Accrued but unpaid capital expenditures CapitalExpendituresIncurredButNotYetPaid $27.39M USD 1 Quarter
Common stock purchases accrued but not paid CommonStockRepurchaseAccruedbutNotPaid $358.00K USD 1 Quarter
Common stock purchases accrued but not paid CommonStockRepurchaseAccruedbutNotPaid - USD 1 Quarter
Issuance of units for hotel acquisition IssuanceofUnitsforHotelAcquisitions - USD 1 Quarter
Issuance of units for hotel acquisition IssuanceofUnitsforHotelAcquisitions $7.85M USD 1 Quarter
Assumption of debt in hotel acquisition LoansAssumed1 $24.92M USD 1 Quarter
Assumption of debt in hotel acquisition LoansAssumed1 - USD 1 Quarter
Dividends and distributions declared but not paid DividendsPayableCurrentAndNoncurrent $27.55M USD Point-in-time
Dividends and distributions declared but not paid DividendsPayableCurrentAndNoncurrent $11.74M USD Point-in-time
Dividends and distributions declared but not paid DividendsPayableCurrentAndNoncurrent $20.85M USD Point-in-time
Accrued but unpaid financing costs FinancingCostsIncurredButNotYetPaid $4.99M USD 1 Quarter
Accrued but unpaid financing costs FinancingCostsIncurredButNotYetPaid - USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $319.21M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $240.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $242.56M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $262.64M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $152.15M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $126.65M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $135.57M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $120.60M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $366.96M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $398.21M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $439.81M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $394.71M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $319.21M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $240.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $242.56M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $262.64M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $152.15M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $126.65M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $135.57M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $120.60M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $366.96M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $398.21M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $439.81M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $394.71M USD Point-in-time
Stockholders Equity 38 line items
Line Item Tag Value Unit Period
Dividends declared - common stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Beginning balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.67M USD Point-in-time
Beginning balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $372.65M USD Point-in-time
Beginning balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $269.27M USD Point-in-time
Beginning balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $453.11M USD Point-in-time
Purchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $358.00K USD 1 Quarter
Purchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $903.00K USD 1 Quarter
Equity-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.79M USD 1 Quarter
Equity-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.27M USD 1 Quarter
Forfeitures of restricted shares StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Forfeitures of restricted shares StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Issuance of restricted shares/units StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Issuance of restricted shares/units StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Common stock issuance costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $200.00K USD 1 Quarter
Issuance of units for hotel acquisition IssuanceofUnitsforHotelAcquisition - USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 1 Quarter
Redemption value adjustment MinorityInterestChangeInRedemptionValue $-22.76M USD 1 Quarter
Redemption value adjustment MinorityInterestChangeInRedemptionValue $19.05M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-84.25M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-38.04M USD 1 Quarter
Ending balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.67M USD Point-in-time
Ending balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $372.65M USD Point-in-time
Ending balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $269.27M USD Point-in-time
Ending balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $453.11M USD Point-in-time
Beginning balance, value RedeemableNoncontrollingInterestEquityCarryingAmount $69.87M USD Point-in-time
Beginning balance, value RedeemableNoncontrollingInterestEquityCarryingAmount $35.23M USD Point-in-time
Equity-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.79M USD 1 Quarter
Equity-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.27M USD 1 Quarter
Issuance of restricted shares/units StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Issuance of restricted shares/units StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 1 Quarter
Conversion of operating partnership units StockIssuedDuringPeriodValueConversionOfUnits $959.00K USD 1 Quarter
Redemption value adjustment MinorityInterestChangeInRedemptionValue $-22.76M USD 1 Quarter
Redemption value adjustment MinorityInterestChangeInRedemptionValue $19.05M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-84.25M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-38.04M USD 1 Quarter
Ending balance, value RedeemableNoncontrollingInterestEquityCarryingAmount $69.87M USD Point-in-time
Ending balance, value RedeemableNoncontrollingInterestEquityCarryingAmount $35.23M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-101.92M USD 1 Quarter
Net income (loss) ProfitLoss $-46.62M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-101.92M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-46.62M USD 1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-48.00K USD 1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-26.00K USD 1 Quarter
Less: Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership ComprehensiveIncomeLossNetofTaxPortionAttributabletoRedeemableNoncontrollingInterestsinOperatingPartnership $-8.58M USD 1 Quarter
Less: Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership ComprehensiveIncomeLossNetofTaxPortionAttributabletoRedeemableNoncontrollingInterestsinOperatingPartnership $-17.67M USD 1 Quarter
Comprehensive income (loss) attributable to the Company ComprehensiveIncomeNetOfTax $-84.20M USD 1 Quarter
Comprehensive income (loss) attributable to the Company ComprehensiveIncomeNetOfTax $-38.02M USD 1 Quarter

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

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