10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001558370-15-001510`
Period End Date	20150630
Filing Date	20150807
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	sho-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 130 Cash Flow Statement 81 Stockholders Equity 19

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$360.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$88.46M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.23M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$52.17M	USD	Point-in-time
Inventories	`InventoryNet`	$1.35M	USD	Point-in-time
Inventories	`InventoryNet`	$1.44M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$14.91M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.62M	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, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$252.36M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$354.75M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	207.60M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	204.77M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.54B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.53B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	207.60M	shares	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$10.55M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	204.77M	shares	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$8.20M	USD	Point-in-time
Goodwill	`Goodwill`	$9.40M	USD	Point-in-time
Goodwill	`Goodwill`	$9.40M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$16.33M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$14.48M	USD	Point-in-time
Total assets	`Assets`	$3.92B	USD	Point-in-time
Total assets	`Assets`	$3.82B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$32.58M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$35.81M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$25.89M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.92M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.69M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$12.73M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.17M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.47M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$135.82M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$121.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$298.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.43M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.18B	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$1.31B	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$15.58M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$15.58M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$33.61M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$35.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.66B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 207,604,391 shares issued and outstanding at June 30, 2015 and 204,766,718 shares issued and outstanding at December 31, 2014	`CommonStockValue`	$2.05M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 207,604,391 shares issued and outstanding at June 30, 2015 and 204,766,718 shares issued and outstanding at December 31, 2014	`CommonStockValue`	$2.08M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.46B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.42B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$355.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$305.50M	USD	Point-in-time
Cumulative dividends	`CumulativeDividends`	$650.01M	USD	Point-in-time
Cumulative dividends	`CumulativeDividends`	$624.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.22B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.28B	USD	Point-in-time
Non-controlling interests in consolidated joint ventures	`MinorityInterest`	$52.26M	USD	Point-in-time
Non-controlling interests in consolidated joint ventures	`MinorityInterest`	$53.33M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.82B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.92B	USD	Point-in-time

Income Statement 130 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$383.07M	USD	2 Qtrs
Room	`OccupancyRevenue`	$239.68M	USD	1 Quarter
Room	`OccupancyRevenue`	$432.97M	USD	2 Qtrs
Room	`OccupancyRevenue`	$214.94M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$79.27M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$151.45M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$68.73M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$128.64M	USD	2 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$17.18M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$39.23M	USD	2 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$20.32M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$32.62M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$544.34M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$300.85M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$623.65M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$339.27M	USD	1 Quarter
Room	`OccupancyCosts`	$53.42M	USD	1 Quarter
Room	`OccupancyCosts`	$57.57M	USD	1 Quarter
Room	`OccupancyCosts`	$111.41M	USD	2 Qtrs
Room	`OccupancyCosts`	$102.34M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$103.03M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$88.02M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$45.11M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$52.81M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$10.47M	USD	2 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$5.34M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$10.00M	USD	2 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$5.01M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$30.93M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$15.57M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$13.65M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$26.63M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$21.59M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$10.71M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$22.94M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$11.38M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$16.08M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.79M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$8.38M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$17.36M	USD	2 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$18.34M	USD	2 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$10.82M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$10.26M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$19.42M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$23.15M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$40.47M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$21.41M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$46.76M	USD	2 Qtrs
Property general and administrative	`OtherCostAndExpenseOperating`	$31.96M	USD	1 Quarter
Property general and administrative	`OtherCostAndExpenseOperating`	$60.88M	USD	2 Qtrs
Property general and administrative	`OtherCostAndExpenseOperating`	$71.56M	USD	2 Qtrs
Property general and administrative	`OtherCostAndExpenseOperating`	$37.11M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$21.18M	USD	2 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.67M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$14.23M	USD	2 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$6.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$81.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$75.59M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$37.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.87M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$474.15M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$269.91M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$536.63M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$244.97M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$55.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$70.18M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$69.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$87.02M	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$1.61M	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncomeExpense`	$1.83M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncomeExpense`	$891.00K	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncomeExpense`	$2.77M	USD	2 Qtrs
Interest expense	`InterestExpense`	$36.61M	USD	2 Qtrs
Interest expense	`InterestExpense`	$34.62M	USD	2 Qtrs
Interest expense	`InterestExpense`	$17.29M	USD	1 Quarter
Interest expense	`InterestExpense`	$18.33M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00K	USD	1 Quarter
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.89M	USD	1 Quarter
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$35.17M	USD	2 Qtrs
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$38.45M	USD	1 Quarter
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.18M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$110.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$334.00K	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$233.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$318.00K	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$38.34M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$54.86M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$34.84M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$53.66M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$5.20M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$5.20M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$54.86M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$53.66M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$43.53M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$40.04M	USD	2 Qtrs
Income from consolidated joint ventures attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.66M	USD	2 Qtrs
Income from consolidated joint ventures attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.67M	USD	1 Quarter
Income from consolidated joint ventures attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.48M	USD	1 Quarter
Income from consolidated joint ventures attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.90M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$2.30M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.60M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$2.30M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.60M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$48.88M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.60M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.54M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.57M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$48.88M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$31.54M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$39.57M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$45.60M	USD	2 Qtrs
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.19	USD	1 Quarter
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.14	USD	2 Qtrs
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.22	USD	2 Qtrs
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.23	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	2 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.22	USD	2 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.17	USD	2 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.22	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	181.84M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	182.60M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	207.09M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	207.58M	shares	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$54.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$43.53M	USD	1 Quarter
Net income	`ProfitLoss`	$40.04M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$148.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$54.00K	USD	2 Qtrs
Gain on sales of assets, net	`GainLossOnSaleOfOtherAssets`	$5.25M	USD	2 Qtrs
Gain on sales of assets, net	`GainLossOnSaleOfOtherAssets`	$1.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-2.00K	USD	2 Qtrs
Gain on redemption of note receivable	`GainLossOnDispositionOfAssets1`	$-939.00K	USD	2 Qtrs
Loss (gain) on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$234.00K	USD	2 Qtrs
Loss (gain) on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-10.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$79.41M	USD	2 Qtrs
Depreciation	`Depreciation`	$74.23M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$3.51M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$4.05M	USD	2 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationOfFinancingCosts`	$1.47M	USD	2 Qtrs
Amortization and write-off of deferred financing fees	`AmortizationOfFinancingCosts`	$1.78M	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$4.68M	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$3.32M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-2.81M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$1.99M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.19M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-89.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-189.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.05M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-631.00K	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$9.22M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$13.13M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.30M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.47M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$117.84M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.17M	USD	2 Qtrs
Proceeds from sales of other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$72.00K	USD	2 Qtrs
Proceeds from sales of other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$5.00K	USD	2 Qtrs
Proceeds from redemption of note receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.12M	USD	2 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$-3.32M	USD	2 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$9.19M	USD	2 Qtrs
Acquisition of other real estate	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.00M	USD	2 Qtrs
Acquisition deposit	`PaymentsForDepositsOnRealEstateAcquisitions`	$15.00M	USD	2 Qtrs
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$72.99M	USD	2 Qtrs
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$65.84M	USD	2 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$13.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-88.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.06M	USD	2 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$264.19M	USD	2 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$569.00K	USD	2 Qtrs
Proceeds from credit facility	`ProceedsFromSecuredLinesOfCredit`	$10.75M	USD	2 Qtrs
Proceeds from credit facility	`ProceedsFromSecuredLinesOfCredit`	$38.00M	USD	2 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$22.40M	USD	2 Qtrs
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$148.63M	USD	2 Qtrs
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$2.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.13M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$22.91M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$52.08M	USD	2 Qtrs
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$3.59M	USD	2 Qtrs
Distributions to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$2.12M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$226.94M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-170.44M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-123.34M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$256.34M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$98.76M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$360.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$98.76M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$360.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$32.00M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$34.19M	USD	2 Qtrs
Cash (refunds received) paid for income tax, net	`IncomeTaxesPaid`	$106.00K	USD	2 Qtrs
Cash (refunds received) paid for income tax, net	`IncomeTaxesPaid`	$-207.00K	USD	2 Qtrs
Accounts payable related to renovations and additions to hotel properties	`CapitalExpendituresIncurredButNotYetPaid`	$12.05M	USD	2 Qtrs
Accounts payable related to renovations and additions to hotel properties	`CapitalExpendituresIncurredButNotYetPaid`	$7.26M	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$234.00K	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$304.00K	USD	2 Qtrs
Issuance of common stock dividends	`StockIssuedDuringPeriodValueStockDividend`	$37.35M	USD	2 Qtrs
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$12.37M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$12.73M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Issuance of common stock dividends per share (in dollars per share)	`CommonStockStockDividendsPerSharePaid`	$0.36	USD	2 Qtrs
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Series D preferred stock dividends and dividends payable, per share (in dollars per share)	`PreferredStockDividendRatePerDollarAmount`	$1.00	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$716.00K	USD	2 Qtrs
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.59M	USD	2 Qtrs
Issuance of common stock dividends	`StockIssuedDuringPeriodValueStockDividend`	$37.35M	USD	2 Qtrs
Common stock dividends and dividends payable	`DividendsCommonStockCash`	$20.87M	USD	2 Qtrs
Preferred stock dividends and dividends payable	`DividendsPreferredStockCash`	$4.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$54.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$43.53M	USD	1 Quarter
Net income	`ProfitLoss`	$40.04M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time

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