10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-14-000016 |
| Period End Date | 20140331 |
| Filing Date | 20140507 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | sho-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, Series C Cumulative Convertible Redeemable Preferred Stock, shares outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$104.36M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$208.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$94.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$157.22M | USD | Point-in-time |
| Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$82.75M | USD | Point-in-time |
| Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Preferred stock, 8.0% Cumulative Redeemable Preferred Stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$89.31M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$38.89M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$29.94M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.46M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.33M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$12.63M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$12.61M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$237.69M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$230.39M | USD | Point-in-time |
| Investment in hotel properties, net |
RealEstateInvestmentPropertyNet
|
$3.23B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Investment in hotel properties, net |
RealEstateInvestmentPropertyNet
|
$3.23B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Deferred financing fees, net |
DeferredFinanceCostsNoncurrentNet
|
$8.48M | USD | Point-in-time |
| Deferred financing fees, net |
DeferredFinanceCostsNoncurrentNet
|
$9.22M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
180.86M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
181.36M | shares | Point-in-time |
| Goodwill |
Goodwill
|
$9.40M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.40M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$21.11M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
181.36M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
180.86M | shares | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$20.98M | USD | Point-in-time |
| Total assets |
Assets
|
$3.51B | USD | Point-in-time |
| Total assets |
Assets
|
$3.50B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$25.12M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$31.47M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$22.32M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$29.93M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$11.47M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$11.44M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$37.06M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$30.29M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$24.01M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$23.29M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$126.33M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$120.07M | USD | Point-in-time |
| Notes payable, less current portion |
LongTermNotesPayable
|
$1.37B | USD | Point-in-time |
| Notes payable, less current portion |
LongTermNotesPayable
|
$1.38B | USD | Point-in-time |
| Capital lease obligations, less current portion |
CapitalLeaseObligationsNoncurrent
|
$15.58M | USD | Point-in-time |
| Capital lease obligations, less current portion |
CapitalLeaseObligationsNoncurrent
|
$15.59M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$40.61M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$39.96M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.56B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.56B | USD | Point-in-time |
| Commitments and contingencies (Note 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, 500,000,000 shares authorized, 181,355,803 shares issued and outstanding at March 31, 2014 and 180,858,699 shares issued and outstanding at December 31, 2013 |
CommonStockValue
|
$1.81M | USD | Point-in-time |
| Common stock, $0.01 par value, 500,000,000 shares authorized, 181,355,803 shares issued and outstanding at March 31, 2014 and 180,858,699 shares issued and outstanding at December 31, 2013 |
CommonStockValue
|
$1.81M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$2.07B | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$2.07B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$224.36M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$218.64M | USD | Point-in-time |
| Cumulative dividends |
CumulativeCashAndStocksDividends
|
$522.91M | USD | Point-in-time |
| Cumulative dividends |
CumulativeCashAndStocksDividends
|
$511.44M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.88B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.90B | USD | Point-in-time |
| Non-controlling interest in consolidated joint ventures |
MinorityInterest
|
$53.95M | USD | Point-in-time |
| Non-controlling interest in consolidated joint ventures |
MinorityInterest
|
$56.17M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.94B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.95B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.51B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.50B | USD | Point-in-time |
Income Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Room |
OccupancyRevenue
|
$168.13M | USD | 1 Quarter |
| Room |
OccupancyRevenue
|
$132.62M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$59.91M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$49.63M | USD | 1 Quarter |
| Other operating |
OtherHotelOperatingRevenue
|
$12.67M | USD | 1 Quarter |
| Other operating |
OtherHotelOperatingRevenue
|
$15.45M | USD | 1 Quarter |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$194.92M | USD | 1 Quarter |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$243.48M | USD | 1 Quarter |
| Room |
OccupancyCosts
|
$48.92M | USD | 1 Quarter |
| Room |
OccupancyCosts
|
$37.45M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$35.10M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$42.91M | USD | 1 Quarter |
| Other operating |
OtherDirectCostsOfHotels
|
$5.00M | USD | 1 Quarter |
| Other operating |
OtherDirectCostsOfHotels
|
$4.24M | USD | 1 Quarter |
| Advertising and promotion |
AdvertisingExpense
|
$12.97M | USD | 1 Quarter |
| Advertising and promotion |
AdvertisingExpense
|
$11.27M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$8.37M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$10.88M | USD | 1 Quarter |
| Utilities |
UtilitiesCosts
|
$8.29M | USD | 1 Quarter |
| Utilities |
UtilitiesCosts
|
$6.18M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$8.08M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$6.48M | USD | 1 Quarter |
| Property tax, ground lease and insurance |
OccupancyNet
|
$19.05M | USD | 1 Quarter |
| Property tax, ground lease and insurance |
OccupancyNet
|
$18.47M | USD | 1 Quarter |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$28.92M | USD | 1 Quarter |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$23.61M | USD | 1 Quarter |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$6.17M | USD | 1 Quarter |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$6.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$34.02M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$37.62M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$229.19M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$191.35M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$3.57M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$14.29M | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncomeExpense
|
$563.00K | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncomeExpense
|
$716.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$18.28M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$17.41M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-44.00K | USD | 1 Quarter |
| Loss before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-13.33M | USD | 1 Quarter |
| Loss before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-3.27M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$224.00K | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$6.16M | USD | 1 Quarter |
| Loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-3.50M | USD | 1 Quarter |
| Loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-19.48M | USD | 1 Quarter |
| Income from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$48.41M | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$28.93M | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$-3.50M | USD | 1 Quarter |
| Income from consolidated joint venture attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$297.00K | USD | 1 Quarter |
| Income from consolidated joint venture attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.23M | USD | 1 Quarter |
| Distributions to non-controlling interest |
DistributionsToNoncontrollingInterests
|
$8.00K | USD | 1 Quarter |
| Distributions to non-controlling interest |
DistributionsToNoncontrollingInterests
|
$8.00K | USD | 1 Quarter |
| Dividends paid on unvested restricted stock compensation |
DividendsShareBasedCompensationCash
|
$100.00K | USD | 1 Quarter |
| Preferred stock dividends and redemption charges |
OtherPreferredStockDividendsAndAdjustments
|
$10.90M | USD | 1 Quarter |
| Preferred stock dividends and redemption charges |
OtherPreferredStockDividendsAndAdjustments
|
$2.30M | USD | 1 Quarter |
| Undistributed income allocated to unvested restricted stock compensation |
UndistributedEarningsAllocatedToParticipatingSecurities
|
$218.00K | USD | 1 Quarter |
| INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-8.13M | USD | 1 Quarter |
| INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$17.50M | USD | 1 Quarter |
| COMPREHENSIVE INCOME (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$-8.13M | USD | 1 Quarter |
| COMPREHENSIVE INCOME (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$17.50M | USD | 1 Quarter |
| loss from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$-0.20 | USD | 1 Quarter |
| loss from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$-0.04 | USD | 1 Quarter |
| Income from discontinued operations (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
$0.32 | USD | 1 Quarter |
| Basic and diluted income available to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$-0.04 | USD | 1 Quarter |
| Basic and diluted income available to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.12 | USD | 1 Quarter |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
181.06M | shares | 1 Quarter |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
151.08M | shares | 1 Quarter |
| Dividend declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
Cash Flow Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$28.93M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-3.50M | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$63.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$95.00K | USD | 1 Quarter |
| Gain on sales of assets |
GainLossOnSaleOfOtherAssets
|
$6.00K | USD | 1 Quarter |
| Gain on sales of assets |
GainLossOnSaleOfOtherAssets
|
$51.62M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations
|
$-3.16M | USD | 1 Quarter |
| Gain on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$157.00K | USD | 1 Quarter |
| Gain on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$109.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$36.93M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$30.70M | USD | 1 Quarter |
| Amortization of franchise fees and other intangibles |
AmortizationOfIntangibleAssets
|
$1.75M | USD | 1 Quarter |
| Amortization of franchise fees and other intangibles |
AmortizationOfIntangibleAssets
|
$4.45M | USD | 1 Quarter |
| Amortization of deferred financing fees |
AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations
|
$736.00K | USD | 1 Quarter |
| Amortization of deferred financing fees |
AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations
|
$760.00K | USD | 1 Quarter |
| Amortization of loan discounts |
AmortizationOfDebtDiscountPremium
|
$3.00K | USD | 1 Quarter |
| Amortization of deferred stock compensation |
ShareBasedCompensation
|
$1.37M | USD | 1 Quarter |
| Amortization of deferred stock compensation |
ShareBasedCompensation
|
$1.07M | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-300.00K | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-6.17M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$4.60M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$9.04M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.59M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-129.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$289.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-541.00K | USD | 1 Quarter |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$12.65M | USD | 1 Quarter |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$7.55M | USD | 1 Quarter |
| Accrued payroll and employee benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-9.77M | USD | 1 Quarter |
| Accrued payroll and employee benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-7.61M | USD | 1 Quarter |
| Discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$432.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$39.28M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.42M | USD | 1 Quarter |
| Proceeds from sales of hotel properties and other assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$7.00K | USD | 1 Quarter |
| Proceeds from sales of hotel properties and other assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$195.62M | USD | 1 Quarter |
| Cash proceeds held by accommodator |
PaymentsForDelayedTaxExemptExchange
|
$139.43M | USD | 1 Quarter |
| Restricted cash - replacement reserve |
IncreaseDecreaseInRestrictedCash
|
$-9.17M | USD | 1 Quarter |
| Restricted cash - replacement reserve |
IncreaseDecreaseInRestrictedCash
|
$-390.00K | USD | 1 Quarter |
| Acquisition deposits |
PaymentsForDepositsOnRealEstateAcquisitions
|
$6.00M | USD | 1 Quarter |
| Renovations and additions to hotel properties |
PaymentsForCapitalImprovements
|
$37.15M | USD | 1 Quarter |
| Renovations and additions to hotel properties |
PaymentsForCapitalImprovements
|
$33.35M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$22.20M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-32.95M | USD | 1 Quarter |
| Redemptions of preferred stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$176.25M | USD | 1 Quarter |
| Proceeds from common stock offerings |
ProceedsFromIssuanceOfCommonStock
|
$295.25M | USD | 1 Quarter |
| Proceeds from common stock offerings |
ProceedsFromIssuanceOfCommonStock
|
$1.39M | USD | 1 Quarter |
| Payment of common stock offering costs |
PaymentsOfStockIssuanceCosts
|
$376.00K | USD | 1 Quarter |
| Payment of common stock offering costs |
PaymentsOfStockIssuanceCosts
|
$173.00K | USD | 1 Quarter |
| Proceeds from credit facility |
ProceedsFromSecuredLinesOfCredit
|
$30.00M | USD | 1 Quarter |
| Payments on notes payable and credit facility |
RepaymentsOfSecuredDebt
|
$5.67M | USD | 1 Quarter |
| Payments on notes payable and credit facility |
RepaymentsOfSecuredDebt
|
$119.79M | USD | 1 Quarter |
| Payments for costs related to extinguishment of notes payable |
PaymentsOfDebtExtinguishmentCosts
|
$3.11M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$11.44M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$9.79M | USD | 1 Quarter |
| Distributions to non-controlling interests |
PaymentsOfDividendsMinorityInterest
|
$8.00K | USD | 1 Quarter |
| Distributions to non-controlling interests |
PaymentsOfDividendsMinorityInterest
|
$457.00K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-15.90M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$15.48M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-9.57M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$51.10M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$104.36M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$208.31M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$94.79M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$157.22M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashAndCashEquivalentsAtCarryingValue
|
$104.36M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashAndCashEquivalentsAtCarryingValue
|
$208.31M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashAndCashEquivalentsAtCarryingValue
|
$94.79M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashAndCashEquivalentsAtCarryingValue
|
$157.22M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$16.43M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$18.00M | USD | 1 Quarter |
| Accounts payable related to renovations and additions to hotel properties |
CapitalExpendituresIncurredButNotYetPaid
|
$9.08M | USD | 1 Quarter |
| Accounts payable related to renovations and additions to hotel properties |
CapitalExpendituresIncurredButNotYetPaid
|
$11.33M | USD | 1 Quarter |
| Amortization of deferred stock compensation - construction activities |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$93.00K | USD | 1 Quarter |
| Amortization of deferred stock compensation - construction activities |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$114.00K | USD | 1 Quarter |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$3.91M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$11.47M | USD | Point-in-time |
Stockholders Equity
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock dividends and dividends payable (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Series D preferred dividends and dividends payable, per share (in dollars per share) |
PreferredStockDividendRatePerDollarAmount
|
$0.50 | USD | 1 Quarter |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.94B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.95B | USD | Point-in-time |
| Net proceeds from sale of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$1.22M | USD | 1 Quarter |
| Vesting of restricted common stock |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
$1.49M | USD | 1 Quarter |
| Distributions to non-controlling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$8.00K | USD | 1 Quarter |
| Common stock dividends and dividends payable at $0.05 per share year to date |
DividendsCommonStockCash
|
$9.17M | USD | 1 Quarter |
| Series D preferred dividends and dividends payable at $0.50 per share year to date |
DividendsPreferredStockCash
|
$2.30M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$28.93M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-3.50M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.94B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.95B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.