10-K Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001558370-16-003377`
Period End Date	20151231
Filing Date	20160223
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	sho-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 129 Cash Flow Statement 131 Stockholders Equity 39 Comprehensive Income 24

Balance Sheet 76 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$76.18M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$32.02M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.23M	USD	Point-in-time
Inventories	`InventoryNet`	$1.40M	USD	Point-in-time
Inventories	`InventoryNet`	$1.44M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$14.91M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.88M	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
Total current assets	`AssetsCurrent`	$619.54M	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`	$3.54B	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
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.23B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	204.77M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	207.60M	shares	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$653.00K	USD	Point-in-time
Deferred financing fees, net	`DeferredFinanceCostsNoncurrentNet`	$4.31M	USD	Point-in-time
Goodwill	`Goodwill`	$990.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	207.60M	shares	Point-in-time
Goodwill	`Goodwill`	$9.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	204.77M	shares	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.40M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$14.48M	USD	Point-in-time
Total assets	`Assets`	$3.86B	USD	Point-in-time
Total assets	`Assets`	$3.92B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$32.58M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$30.19M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$28.02M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.92M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$265.12M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.69M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.47M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$41.88M	USD	Point-in-time
Current portion of notes payable, net	`NotesPayableCurrent`	$85.78M	USD	Point-in-time
Current portion of notes payable, net	`NotesPayableCurrent`	$119.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$297.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$450.99M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermNotesPayable`	$1.30B	USD	Point-in-time
Notes payable, less current portion, net	`LongTermNotesPayable`	$1.01B	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`	$34.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.51B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.65B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 207,604,391 shares issued and outstanding at December 31, 2015 and 204,766,718 shares issued and outstanding at December 31, 2014	`CommonStockValue`	$2.08M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 207,604,391 shares issued and outstanding at December 31, 2015 and 204,766,718 shares issued and outstanding at December 31, 2014	`CommonStockValue`	$2.05M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.42B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.46B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$305.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$652.86M	USD	Point-in-time
Cumulative dividends	`CumulativeDividends`	$927.87M	USD	Point-in-time
Cumulative dividends	`CumulativeDividends`	$624.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.22B	USD	Point-in-time
Noncontrolling interests in consolidated joint ventures	`MinorityInterest`	$52.26M	USD	Point-in-time
Noncontrolling interests in consolidated joint ventures	`MinorityInterest`	$50.32M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.92B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.86B	USD	Point-in-time

Income Statement 129 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$653.96M	USD	Annual
Room	`OccupancyRevenue`	$811.71M	USD	Annual
Room	`OccupancyRevenue`	$874.12M	USD	Annual
Food and beverage	`FoodAndBeverageRevenue`	$213.35M	USD	Annual
Food and beverage	`FoodAndBeverageRevenue`	$293.89M	USD	Annual
Food and beverage	`FoodAndBeverageRevenue`	$259.36M	USD	Annual
Other operating	`OtherHotelOperatingRevenue`	$81.17M	USD	Annual
Other operating	`OtherHotelOperatingRevenue`	$70.93M	USD	Annual
Other operating	`OtherHotelOperatingRevenue`	$56.52M	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$324.60M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$284.38M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$1.25B	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$289.88M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$243.48M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$307.78M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$300.85M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$1.14B	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$923.82M	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$339.27M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$300.93M	USD	1 Quarter
Room	`OccupancyCosts`	$224.03M	USD	Annual
Room	`OccupancyCosts`	$170.36M	USD	Annual
Room	`OccupancyCosts`	$214.90M	USD	Annual
Food and beverage	`FoodAndBeverageCostOfSales`	$204.93M	USD	Annual
Food and beverage	`FoodAndBeverageCostOfSales`	$147.71M	USD	Annual
Food and beverage	`FoodAndBeverageCostOfSales`	$180.05M	USD	Annual
Other operating	`OtherDirectCostsOfHotels`	$21.34M	USD	Annual
Other operating	`OtherDirectCostsOfHotels`	$21.01M	USD	Annual
Other operating	`OtherDirectCostsOfHotels`	$16.82M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$61.89M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$47.31M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$54.99M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$46.56M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$45.90M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$35.88M	USD	Annual
Utilities	`UtilitiesCosts`	$34.14M	USD	Annual
Utilities	`UtilitiesCosts`	$27.01M	USD	Annual
Utilities	`UtilitiesCosts`	$34.54M	USD	Annual
Franchise costs	`FranchiseFeesAndAssessments`	$40.10M	USD	Annual
Franchise costs	`FranchiseFeesAndAssessments`	$32.93M	USD	Annual
Franchise costs	`FranchiseFeesAndAssessments`	$38.27M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$94.97M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$84.67M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$79.00M	USD	Annual
Property general and administrative	`OtherCostAndExpenseOperating`	$126.74M	USD	Annual
Property general and administrative	`OtherCostAndExpenseOperating`	$142.33M	USD	Annual
Property general and administrative	`OtherCostAndExpenseOperating`	$103.45M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$33.34M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$28.74M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$26.67M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$164.72M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$155.84M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$137.48M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$985.25M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$1.07B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$824.63M	USD	Annual
Operating income	`OperatingIncomeLoss`	$156.74M	USD	Annual
Operating income	`OperatingIncomeLoss`	$50.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$41.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.27M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$99.20M	USD	Annual
Operating income	`OperatingIncomeLoss`	$69.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.29M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$35.73M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$55.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$180.44M	USD	Annual
Interest and other income	`OtherNonoperatingIncomeExpense`	$3.88M	USD	Annual
Interest and other income	`OtherNonoperatingIncomeExpense`	$2.82M	USD	Annual
Interest and other income	`OtherNonoperatingIncomeExpense`	$3.48M	USD	Annual
Interest expense	`InterestExpense`	$72.31M	USD	Annual
Interest expense	`InterestExpense`	$72.24M	USD	Annual
Interest expense	`InterestExpense`	$66.52M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.96M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-44.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.64M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$226.22M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.27M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.74M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$341.06M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$179.00K	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$1.43M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$8.14M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$21.59M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$83.09M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$339.62M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$4.85M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$48.41M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$15.89M	USD	Annual
NET INCOME	`ProfitLoss`	$70.00M	USD	Annual
NET INCOME	`ProfitLoss`	$14.26M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$43.53M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$355.52M	USD	Annual
NET INCOME	`ProfitLoss`	$87.94M	USD	Annual
NET INCOME	`ProfitLoss`	$1.20M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$-3.50M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$33.64M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$237.57M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$53.66M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$63.08M	USD	1 Quarter
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.04M	USD	Annual
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.71M	USD	Annual
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.16M	USD	Annual
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$19.01M	USD	Annual
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$9.20M	USD	Annual
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$9.20M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$338.15M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.94M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.03M	USD	Annual
Income (loss) from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.34	USD	Annual
Income (loss) from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	Annual
Income (loss) from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$1.54	USD	Annual
Income from discontinued operations, net of tax (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	Annual
Income from discontinued operations, net of tax (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.30	USD	Annual
Income from discontinued operations, net of tax (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.08	USD	Annual
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.62	USD	Annual
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`	$0.14	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`	$1.12	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.29	USD	Annual
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.37	USD	Annual
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.05	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
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`	161.78M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	207.35M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	192.67M	shares	Annual

Cash Flow Statement 131 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$70.00M	USD	Annual
Net income	`ProfitLoss`	$14.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.53M	USD	1 Quarter
Net income	`ProfitLoss`	$355.52M	USD	Annual
Net income	`ProfitLoss`	$87.94M	USD	Annual
Net income	`ProfitLoss`	$1.20M	USD	1 Quarter
Net income	`ProfitLoss`	$-3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$33.64M	USD	1 Quarter
Net income	`ProfitLoss`	$237.57M	USD	1 Quarter
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$63.08M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$368.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$294.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$238.00K	USD	Annual
Gain on sale of assets, net	`GainLossOnSaleOfOtherAssets`	$5.29M	USD	Annual
Gain on sale of assets, net	`GainLossOnSaleOfOtherAssets`	$51.63M	USD	Annual
Gain on sale of assets, net	`GainLossOnSaleOfOtherAssets`	$242.23M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-3.16M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-2.96M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations`	$-4.64M	USD	Annual
Gain on redemption of note receivable	`GainLossOnDispositionOfAssets1`	$-939.00K	USD	Annual
Gain on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$529.00K	USD	Annual
Gain on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$525.00K	USD	Annual
Gain on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$309.00K	USD	Annual
Depreciation	`Depreciation`	$131.79M	USD	Annual
Depreciation	`Depreciation`	$160.41M	USD	Annual
Depreciation	`Depreciation`	$152.58M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$7.54M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$6.48M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$10.12M	USD	Annual
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$2.78M	USD	Annual
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$2.96M	USD	Annual
Amortization and write-off of deferred financing fees	`AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations`	$3.15M	USD	Annual
Amortization of loan discounts	`AmortizationOfDebtDiscountPremium`	$3.00K	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$6.54M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$4.86M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$6.22M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$11.69M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-11.54M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-8.54M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.77M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.74M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.53M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-44.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-100.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.52M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.72M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.12M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.45M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$7.27M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$7.00M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$4.62M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.84M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.16M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.64M	USD	Annual
Discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$432.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$171.12M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$300.06M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$278.60M	USD	Annual
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$110.00K	USD	Annual
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$195.63M	USD	Annual
Proceeds from sales of hotel properties and other assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$565.12M	USD	Annual
Proceeds from redemption of note receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.12M	USD	Annual
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$-1.27M	USD	Annual
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$2.64M	USD	Annual
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$4.31M	USD	Annual
Acquisitions of hotel properties and other real estate	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$276.56M	USD	Annual
Acquisitions of hotel properties and other real estate	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$450.54M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$125.97M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$164.23M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$117.69M	USD	Annual
Payment for interest rate derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	$13.00K	USD	Annual
Payment for interest rate derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	$12.00K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-371.35M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$399.35M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-406.73M	USD	Annual
Redemptions of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$276.25M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$284.39M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$566.45M	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$691.00K	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.00M	USD	Annual
Proceeds from notes payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$35.75M	USD	Annual
Proceeds from notes payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$178.25M	USD	Annual
Proceeds from notes payable and credit facility	`ProceedsFromIssuanceOfSecuredDebt`	$123.00M	USD	Annual
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$153.03M	USD	Annual
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$450.81M	USD	Annual
Payments on notes payable and credit facility	`RepaymentsOfSecuredDebt`	$141.53M	USD	Annual
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$3.11M	USD	Annual
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$1.25M	USD	Annual
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$4.05M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$243.00K	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$2.35M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.86M	USD	Annual
Dividends paid	`PaymentsOfOrdinaryDividends`	$77.54M	USD	Annual
Dividends paid	`PaymentsOfOrdinaryDividends`	$47.85M	USD	Annual
Dividends paid	`PaymentsOfOrdinaryDividends`	$27.52M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$8.49M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$9.98M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$5.48M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-422.44M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$245.87M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$147.38M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$117.73M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$276.97M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-52.85M	USD	Annual
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$63.55M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$71.56M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$69.51M	USD	Annual
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaid`	$273.00K	USD	Annual
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaid`	$7.14M	USD	Annual
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaid`	$583.00K	USD	Annual
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$8.67M	USD	Annual
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$7.84M	USD	Annual
Accounts payable related to renovations and additions to hotel properties and other real estate	`CapitalExpendituresIncurredButNotYetPaid`	$8.27M	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$474.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$580.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$393.00K	USD	Annual
Issuance of common stock dividends	`StockIssuedDuringPeriodValueStockDividend`	$37.35M	USD	Annual
Issuance of common stock in connection with acquisition of hotel property	`StockIssued1`	$60.00M	USD	Annual
Assumption of debt in connection with acquisition of hotel property	`LoansAssumed1`	$119.19M	USD	Annual
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$76.69M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$265.12M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$11.44M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Issuance of common stock dividends per share (in dollars per share)	`CommonStockStockDividendsPerSharePaid`	$0.36	USD	Annual
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.41	USD	Annual
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	Annual
Common stock dividends and dividends payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.51	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$565.76M	USD	Annual
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$283.46M	USD	Annual
Issuance of common stock in connection with hotel acquisition, net	`StockIssuedDuringPeriodValueAcquisitions`	$59.93M	USD	Annual
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$2.85M	USD	Annual
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$5.25M	USD	Annual
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$6.70M	USD	Annual
Redemptions of Series A and Series C preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$176.25M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.48M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.49M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.98M	USD	Annual
Sale of noncontrolling interest	`NoncontrollingInterestDecreaseFromDeconsolidation`	$-125.00K	USD	Annual
Issuance of common stock dividends	`StockIssuedDuringPeriodValueStockDividend`	$37.35M	USD	Annual
Common stock dividends and dividends payable	`DividendsCommonStockCash`	$17.29M	USD	Annual
Cash and/or stock common stock dividends and dividends payable	`DividendsCommonStock`	$294.12M	USD	Annual
Cash and/or stock common stock dividends and dividends payable	`DividendsCommonStock`	$103.90M	USD	Annual
Net income	`ProfitLoss`	$70.00M	USD	Annual
Net income	`ProfitLoss`	$14.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.53M	USD	1 Quarter
Net income	`ProfitLoss`	$355.52M	USD	Annual
Net income	`ProfitLoss`	$87.94M	USD	Annual
Net income	`ProfitLoss`	$1.20M	USD	1 Quarter
Net income	`ProfitLoss`	$-3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$33.64M	USD	1 Quarter
Net income	`ProfitLoss`	$237.57M	USD	1 Quarter
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$63.08M	USD	1 Quarter
Pension liability reclassification	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-5.33M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$70.00M	USD	Annual
Net income	`ProfitLoss`	$14.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.53M	USD	1 Quarter
Net income	`ProfitLoss`	$355.52M	USD	Annual
Net income	`ProfitLoss`	$87.94M	USD	Annual
Net income	`ProfitLoss`	$1.20M	USD	1 Quarter
Net income	`ProfitLoss`	$-3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$33.64M	USD	1 Quarter
Net income	`ProfitLoss`	$237.57M	USD	1 Quarter
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$63.08M	USD	1 Quarter
Reclassification to income from discontinued operations	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-5.33M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$75.34M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$355.52M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$87.94M	USD	Annual
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.04M	USD	Annual
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.71M	USD	Annual
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.16M	USD	Annual
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$19.01M	USD	Annual
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$9.20M	USD	Annual
Preferred stock dividends and redemption charges	`OtherPreferredStockDividendsAndAdjustments`	$9.20M	USD	Annual
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$72.03M	USD	Annual
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$338.15M	USD	Annual
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$52.28M	USD	Annual

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