10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-15-002156 |
| Period End Date | 20150930 |
| Filing Date | 20151103 |
| Fiscal Year | 2015 |
| Fiscal Period | Q3 |
| XBRL Instance | sho-20150930.xml |
Filing Contents
This filing contains the following financial statements:
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
|
$135.43M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$104.36M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$176.19M | 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
|
$91.54M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$47.82M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$34.23M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.44M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.36M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$14.91M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$11.88M | 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 |
| Total current assets |
AssetsCurrent
|
$354.75M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$328.79M | USD | Point-in-time |
| Investment in hotel properties, net |
RealEstateInvestmentPropertyNet
|
$3.52B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
207.60M | shares | Point-in-time |
| Investment in hotel properties, net |
RealEstateInvestmentPropertyNet
|
$3.54B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
204.77M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
204.77M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
207.60M | shares | Point-in-time |
| Deferred financing fees, net |
DeferredFinanceCostsNoncurrentNet
|
$8.20M | USD | Point-in-time |
| Deferred financing fees, net |
DeferredFinanceCostsNoncurrentNet
|
$10.64M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$990.00K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.40M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$8.08M | 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
|
$3.87B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$33.40M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$32.58M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$30.50M | 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
|
$50.34M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$36.47M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$206.82M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$121.33M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$333.79M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$298.98M | USD | Point-in-time |
| Notes payable, less current portion |
LongTermNotesPayable
|
$1.11B | 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
|
$15.57M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$33.61M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$35.26M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.66B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.49B | 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 September 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 September 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
|
$416.80M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$305.50M | USD | Point-in-time |
| Cumulative dividends |
CumulativeDividends
|
$662.74M | 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
|
$2.33B | USD | Point-in-time |
| Non-controlling interests in consolidated joint ventures |
MinorityInterest
|
$52.12M | USD | Point-in-time |
| Non-controlling interests in consolidated joint ventures |
MinorityInterest
|
$52.26M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.38B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.27B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.87B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.92B | USD | Point-in-time |
Income Statement
135 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Room |
OccupancyRevenue
|
$666.76M | USD | 3 Qtrs |
| Room |
OccupancyRevenue
|
$606.94M | USD | 3 Qtrs |
| Room |
OccupancyRevenue
|
$233.79M | USD | 1 Quarter |
| Room |
OccupancyRevenue
|
$223.88M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$219.82M | USD | 3 Qtrs |
| Food and beverage |
FoodAndBeverageRevenue
|
$68.37M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$192.92M | USD | 3 Qtrs |
| Food and beverage |
FoodAndBeverageRevenue
|
$64.27M | USD | 1 Quarter |
| Other operating |
OtherHotelOperatingRevenue
|
$19.63M | USD | 1 Quarter |
| Other operating |
OtherHotelOperatingRevenue
|
$22.44M | USD | 1 Quarter |
| Other operating |
OtherHotelOperatingRevenue
|
$61.67M | USD | 3 Qtrs |
| Other operating |
OtherHotelOperatingRevenue
|
$52.26M | USD | 3 Qtrs |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$307.78M | USD | 1 Quarter |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$324.60M | USD | 1 Quarter |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$948.25M | USD | 3 Qtrs |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$852.12M | USD | 3 Qtrs |
| Room |
OccupancyCosts
|
$57.49M | USD | 1 Quarter |
| Room |
OccupancyCosts
|
$159.83M | USD | 3 Qtrs |
| Room |
OccupancyCosts
|
$169.74M | USD | 3 Qtrs |
| Room |
OccupancyCosts
|
$58.33M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$153.41M | USD | 3 Qtrs |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$45.65M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$133.67M | USD | 3 Qtrs |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$50.38M | USD | 1 Quarter |
| Other operating |
OtherDirectCostsOfHotels
|
$5.47M | USD | 1 Quarter |
| Other operating |
OtherDirectCostsOfHotels
|
$15.48M | USD | 3 Qtrs |
| Other operating |
OtherDirectCostsOfHotels
|
$16.07M | USD | 3 Qtrs |
| Other operating |
OtherDirectCostsOfHotels
|
$5.61M | USD | 1 Quarter |
| Advertising and promotion |
AdvertisingExpense
|
$15.32M | USD | 1 Quarter |
| Advertising and promotion |
AdvertisingExpense
|
$14.11M | USD | 1 Quarter |
| Advertising and promotion |
AdvertisingExpense
|
$40.74M | USD | 3 Qtrs |
| Advertising and promotion |
AdvertisingExpense
|
$46.25M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$34.80M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$12.05M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$11.86M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$33.64M | USD | 3 Qtrs |
| Utilities |
UtilitiesCosts
|
$25.59M | USD | 3 Qtrs |
| Utilities |
UtilitiesCosts
|
$9.37M | USD | 1 Quarter |
| Utilities |
UtilitiesCosts
|
$26.74M | USD | 3 Qtrs |
| Utilities |
UtilitiesCosts
|
$9.51M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$30.01M | USD | 3 Qtrs |
| Franchise costs |
FranchiseFeesAndAssessments
|
$10.59M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$10.02M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$28.36M | USD | 3 Qtrs |
| Property tax, ground lease and insurance |
OccupancyNet
|
$22.55M | USD | 1 Quarter |
| Property tax, ground lease and insurance |
OccupancyNet
|
$72.41M | USD | 3 Qtrs |
| Property tax, ground lease and insurance |
OccupancyNet
|
$25.65M | USD | 1 Quarter |
| Property tax, ground lease and insurance |
OccupancyNet
|
$63.02M | USD | 3 Qtrs |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$109.38M | USD | 3 Qtrs |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$32.91M | USD | 1 Quarter |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$93.79M | USD | 3 Qtrs |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$37.83M | USD | 1 Quarter |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$21.41M | USD | 3 Qtrs |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$6.05M | USD | 1 Quarter |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$27.22M | USD | 3 Qtrs |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$7.18M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$41.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$40.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$122.91M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$115.59M | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$256.95M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$731.11M | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$808.95M | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$272.32M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$52.27M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$121.01M | USD | 3 Qtrs |
| Operating income |
OperatingIncomeLoss
|
$50.83M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$139.29M | USD | 3 Qtrs |
| Interest and other income |
OtherNonoperatingIncomeExpense
|
$2.59M | USD | 3 Qtrs |
| Interest and other income |
OtherNonoperatingIncomeExpense
|
$576.00K | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncomeExpense
|
$981.00K | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncomeExpense
|
$3.35M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$54.67M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$16.41M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$51.02M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$18.05M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-2.00K | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-531.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-531.00K | USD | 3 Qtrs |
| Gain on sale of asset |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$11.68M | USD | 1 Quarter |
| Gain on sale of asset |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$11.68M | USD | 3 Qtrs |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$48.13M | USD | 1 Quarter |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$68.40M | USD | 3 Qtrs |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$33.23M | USD | 1 Quarter |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$103.31M | USD | 3 Qtrs |
| Income tax (provision) benefit |
IncomeTaxExpenseBenefit
|
$-79.00K | USD | 3 Qtrs |
| Income tax (provision) benefit |
IncomeTaxExpenseBenefit
|
$938.00K | USD | 1 Quarter |
| Income tax (provision) benefit |
IncomeTaxExpenseBenefit
|
$-413.00K | USD | 1 Quarter |
| Income tax (provision) benefit |
IncomeTaxExpenseBenefit
|
$1.26M | USD | 3 Qtrs |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$33.64M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$47.19M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$102.05M | USD | 3 Qtrs |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$68.48M | USD | 3 Qtrs |
| Income from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$15.89M | USD | 1 Quarter |
| Income from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$5.20M | USD | 3 Qtrs |
| Income from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$15.89M | USD | 3 Qtrs |
| NET INCOME |
ProfitLoss
|
$33.64M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$73.68M | USD | 3 Qtrs |
| NET INCOME |
ProfitLoss
|
$63.08M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$117.94M | USD | 3 Qtrs |
| Income from consolidated joint ventures attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.70M | USD | 3 Qtrs |
| Income from consolidated joint ventures attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.80M | USD | 1 Quarter |
| Income from consolidated joint ventures attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$6.64M | USD | 3 Qtrs |
| Income from consolidated joint ventures attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.98M | USD | 1 Quarter |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$6.90M | USD | 3 Qtrs |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$6.90M | USD | 3 Qtrs |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$2.30M | USD | 1 Quarter |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$2.30M | USD | 1 Quarter |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$104.40M | USD | 3 Qtrs |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$58.80M | USD | 1 Quarter |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$29.54M | USD | 1 Quarter |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$61.08M | USD | 3 Qtrs |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$29.54M | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$104.40M | USD | 3 Qtrs |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$61.08M | USD | 3 Qtrs |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$58.80M | USD | 1 Quarter |
| Income from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.29 | USD | 3 Qtrs |
| Income from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.14 | USD | 1 Quarter |
| Income from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.42 | USD | 3 Qtrs |
| Income from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.20 | USD | 1 Quarter |
| Income from discontinued operations (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
$0.03 | USD | 3 Qtrs |
| Income from discontinued operations (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
$0.08 | USD | 1 Quarter |
| Income from discontinued operations (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
$0.08 | USD | 3 Qtrs |
| Basic and diluted income attributable to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.32 | USD | 3 Qtrs |
| Basic and diluted income attributable to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.14 | USD | 1 Quarter |
| Basic and diluted income attributable to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.28 | USD | 1 Quarter |
| Basic and diluted income attributable to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.50 | USD | 3 Qtrs |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
202.80M | shares | 1 Quarter |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
188.90M | shares | 3 Qtrs |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
207.26M | shares | 3 Qtrs |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
207.60M | shares | 1 Quarter |
| Dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
| Dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
| Dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
Cash Flow Statement
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$33.64M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$73.68M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$63.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$117.94M | USD | 3 Qtrs |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$216.00K | USD | 3 Qtrs |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$115.00K | USD | 3 Qtrs |
| Gain on sales of assets, net |
GainLossOnSaleOfOtherAssets
|
$27.71M | USD | 3 Qtrs |
| Gain on sales of assets, net |
GainLossOnSaleOfOtherAssets
|
$5.28M | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations
|
$-531.00K | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations
|
$-2.00K | USD | 3 Qtrs |
| Gain on redemption of note receivable |
GainLossOnDispositionOfAssets1
|
$-939.00K | USD | 3 Qtrs |
| Loss (gain) on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$395.00K | USD | 3 Qtrs |
| Loss (gain) on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-12.00K | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$113.30M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$119.81M | USD | 3 Qtrs |
| Amortization of franchise fees and other intangibles |
AmortizationOfIntangibleAssets
|
$5.51M | USD | 3 Qtrs |
| Amortization of franchise fees and other intangibles |
AmortizationOfIntangibleAssets
|
$6.05M | USD | 3 Qtrs |
| Amortization and write-off of deferred financing fees |
AmortizationOfFinancingCosts
|
$2.47M | USD | 3 Qtrs |
| Amortization and write-off of deferred financing fees |
AmortizationOfFinancingCosts
|
$2.15M | USD | 3 Qtrs |
| Amortization of deferred stock compensation |
ShareBasedCompensation
|
$5.50M | USD | 3 Qtrs |
| Amortization of deferred stock compensation |
ShareBasedCompensation
|
$4.77M | USD | 3 Qtrs |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$803.00K | USD | 3 Qtrs |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-550.00K | USD | 3 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$15.30M | USD | 3 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$13.89M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-76.00K | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-200.00K | USD | 3 Qtrs |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.40M | USD | 3 Qtrs |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-5.44M | USD | 3 Qtrs |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$15.47M | USD | 3 Qtrs |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$14.07M | USD | 3 Qtrs |
| Accrued payroll and employee benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-5.69M | USD | 3 Qtrs |
| Accrued payroll and employee benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$792.00K | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$200.27M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$219.78M | USD | 3 Qtrs |
| Proceeds from sales of other assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$42.43M | USD | 3 Qtrs |
| Proceeds from sales of other assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$99.00K | USD | 3 Qtrs |
| Proceeds from redemption of note receivable |
ProceedsFromCollectionOfNotesReceivable
|
$1.12M | USD | 3 Qtrs |
| Restricted cash - replacement reserve |
IncreaseDecreaseInRestrictedCash
|
$3.02M | USD | 3 Qtrs |
| Restricted cash - replacement reserve |
IncreaseDecreaseInRestrictedCash
|
$10.02M | USD | 3 Qtrs |
| Acquisition of hotel property and other real estate |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$276.56M | USD | 3 Qtrs |
| Renovations and additions to hotel properties |
PaymentsForCapitalImprovements
|
$106.58M | USD | 3 Qtrs |
| Renovations and additions to hotel properties |
PaymentsForCapitalImprovements
|
$93.36M | USD | 3 Qtrs |
| Payment for interest rate derivative |
PaymentsForDerivativeInstrumentInvestingActivities
|
$13.00K | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-73.05M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-372.84M | USD | 3 Qtrs |
| Proceeds from common stock offerings |
ProceedsFromIssuanceOfCommonStock
|
$264.19M | USD | 3 Qtrs |
| Payment of common stock offering costs |
PaymentsOfStockIssuanceCosts
|
$614.00K | USD | 3 Qtrs |
| Proceeds from credit facility |
ProceedsFromSecuredLinesOfCredit
|
$38.00M | USD | 3 Qtrs |
| Proceeds from credit facility |
ProceedsFromSecuredLinesOfCredit
|
$23.25M | USD | 3 Qtrs |
| Payments on notes payable and credit facility |
RepaymentsOfSecuredDebt
|
$40.83M | USD | 3 Qtrs |
| Payments on notes payable and credit facility |
RepaymentsOfSecuredDebt
|
$154.13M | USD | 3 Qtrs |
| Payments for costs related to extinguishment of notes payable |
PaymentsOfDebtExtinguishmentCosts
|
$25.00K | USD | 3 Qtrs |
| Payments for costs related to extinguishment of notes payable |
PaymentsOfDebtExtinguishmentCosts
|
$2.00K | USD | 3 Qtrs |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$1.33M | USD | 3 Qtrs |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$4.91M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$64.81M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$35.28M | USD | 3 Qtrs |
| Distributions to non-controlling interests |
PaymentsOfDividendsMinorityInterest
|
$6.79M | USD | 3 Qtrs |
| Distributions to non-controlling interests |
PaymentsOfDividendsMinorityInterest
|
$5.73M | USD | 3 Qtrs |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$203.63M | USD | 3 Qtrs |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-192.64M | USD | 3 Qtrs |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-45.91M | USD | 3 Qtrs |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$31.06M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$135.43M | 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
|
$176.19M | 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
|
$135.43M | 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
|
$176.19M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$222.10M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$47.32M | USD | 3 Qtrs |
| Cash paid for interest |
InterestPaidNet
|
$51.65M | USD | 3 Qtrs |
| Cash (refunds received) paid for income tax, net |
CashRefundsReceivedPaidForIncomeTaxes
|
$166.00K | USD | 3 Qtrs |
| Cash (refunds received) paid for income tax, net |
CashRefundsReceivedPaidForIncomeTaxes
|
$-99.00K | USD | 3 Qtrs |
| Accounts payable related to renovations and additions to hotel properties |
CapitalExpendituresIncurredButNotYetPaid
|
$11.45M | USD | 3 Qtrs |
| Accounts payable related to renovations and additions to hotel properties |
CapitalExpendituresIncurredButNotYetPaid
|
$8.86M | USD | 3 Qtrs |
| Amortization of deferred stock compensation - construction activities |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$442.00K | USD | 3 Qtrs |
| Amortization of deferred stock compensation - construction activities |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$354.00K | USD | 3 Qtrs |
| Issuance of common stock dividends |
StockIssuedDuringPeriodValueStockDividend
|
$37.35M | USD | 3 Qtrs |
| Issuance of common stock in connection with acquisition of hotel property |
StockIssued1
|
$60.00M | USD | 3 Qtrs |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$12.57M | 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 | 3 Qtrs |
| Common stock dividends and dividends payable, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
| Common stock dividends and dividends payable, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 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
|
$0.05 | USD | 1 Quarter |
| Series D preferred stock dividends and dividends payable, per share (in dollars per share) |
PreferredStockDividendRatePerDollarAmount
|
$1.50 | USD | 3 Qtrs |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.38B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.27B | USD | Point-in-time |
| Vesting of restricted common stock |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
$1.68M | USD | 3 Qtrs |
| Distributions to non-controlling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$6.79M | USD | 3 Qtrs |
| Issuance of common stock dividends |
StockIssuedDuringPeriodValueStockDividend
|
$37.35M | USD | 3 Qtrs |
| Common stock dividends and dividends payable |
DividendsCommonStockCash
|
$31.30M | USD | 3 Qtrs |
| Preferred stock dividends and dividends payable |
DividendsPreferredStockCash
|
$6.90M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$33.64M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$73.68M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$63.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$117.94M | USD | 3 Qtrs |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.38B | 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.