10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-16-009048 |
| Period End Date | 20160930 |
| Filing Date | 20161102 |
| Fiscal Year | 2016 |
| Fiscal Period | Q3 |
| XBRL Instance | sho-20160930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 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
|
$367.12M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$499.07M | 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
|
$76.18M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$67.25M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$46.26M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$32.02M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.36M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.40M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$10.88M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$10.97M | 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
|
$619.54M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$492.96M | 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 |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
207.60M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
216.51M | shares | Point-in-time |
| Investment in hotel properties, net |
RealEstateInvestmentPropertyNet
|
$3.23B | USD | Point-in-time |
| Investment in hotel properties, net |
RealEstateInvestmentPropertyNet
|
$3.23B | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
216.51M | shares | Point-in-time |
| Deferred financing fees, net |
DebtIssuanceCostsLineOfCreditArrangementsNet
|
$4.31M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
207.60M | shares | Point-in-time |
| Deferred financing fees, net |
DebtIssuanceCostsLineOfCreditArrangementsNet
|
$2.59M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$9.09M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$10.39M | USD | Point-in-time |
| Total assets |
Assets
|
$3.74B | USD | Point-in-time |
| Total assets |
Assets
|
$3.86B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$37.02M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$30.19M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$22.49M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$28.02M | USD | Point-in-time |
| Dividends and distributions payable |
DividendsPayableCurrent
|
$14.03M | USD | Point-in-time |
| Dividends and distributions payable |
DividendsPayableCurrent
|
$265.12M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$41.88M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$44.37M | USD | Point-in-time |
| Current portion of notes payable, net |
LongTermDebtCurrent
|
$85.78M | USD | Point-in-time |
| Current portion of notes payable, net |
LongTermDebtCurrent
|
$251.28M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$450.99M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$369.19M | USD | Point-in-time |
| Notes payable, less current portion, net |
LongTermDebtNoncurrent
|
$1.01B | USD | Point-in-time |
| Notes payable, less current portion, net |
LongTermDebtNoncurrent
|
$748.77M | USD | Point-in-time |
| Capital lease obligations, less current portion |
CapitalLeaseObligationsNoncurrent
|
$15.57M | USD | Point-in-time |
| Capital lease obligations, less current portion |
CapitalLeaseObligationsNoncurrent
|
$15.57M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$42.68M | 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
|
$1.18B | 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, 216,509,093 shares issued and outstanding at September 30, 2016 and 207,604,391 shares issued and outstanding at December 31, 2015 |
CommonStockValue
|
$2.08M | USD | Point-in-time |
| Common stock, $0.01 par value, 500,000,000 shares authorized, 216,509,093 shares issued and outstanding at September 30, 2016 and 207,604,391 shares issued and outstanding at December 31, 2015 |
CommonStockValue
|
$2.17M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$2.54B | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$2.46B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$652.70M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$753.73M | USD | Point-in-time |
| Cumulative dividends and distributions |
CumulativeDividends
|
$973.11M | USD | Point-in-time |
| Cumulative dividends and distributions |
CumulativeDividends
|
$927.87M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.51B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.30B | USD | Point-in-time |
| Noncontrolling interest in consolidated joint venture |
MinorityInterest
|
$49.69M | USD | Point-in-time |
| Noncontrolling interest in consolidated joint venture |
MinorityInterest
|
$50.32M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.56B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.86B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.74B | USD | Point-in-time |
Income Statement
137 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Room |
OccupancyRevenue
|
$233.79M | USD | 1 Quarter |
| Room |
OccupancyRevenue
|
$666.76M | USD | 3 Qtrs |
| Room |
OccupancyRevenue
|
$629.14M | USD | 3 Qtrs |
| Room |
OccupancyRevenue
|
$217.67M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$221.43M | USD | 3 Qtrs |
| Food and beverage |
FoodAndBeverageRevenue
|
$68.37M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$68.90M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageRevenue
|
$219.82M | USD | 3 Qtrs |
| Other operating |
OtherHotelOperatingRevenue
|
$49.18M | USD | 3 Qtrs |
| Other operating |
OtherHotelOperatingRevenue
|
$61.67M | USD | 3 Qtrs |
| Other operating |
OtherHotelOperatingRevenue
|
$22.44M | USD | 1 Quarter |
| Other operating |
OtherHotelOperatingRevenue
|
$16.73M | USD | 1 Quarter |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$303.30M | USD | 1 Quarter |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$899.76M | USD | 3 Qtrs |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$948.25M | USD | 3 Qtrs |
| Total revenues |
RevenueFromLeasedAndOwnedHotels
|
$324.60M | USD | 1 Quarter |
| Room |
OccupancyCosts
|
$54.62M | USD | 1 Quarter |
| Room |
OccupancyCosts
|
$160.19M | USD | 3 Qtrs |
| Room |
OccupancyCosts
|
$169.74M | USD | 3 Qtrs |
| Room |
OccupancyCosts
|
$58.33M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$49.17M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$50.38M | USD | 1 Quarter |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$154.04M | USD | 3 Qtrs |
| Food and beverage |
FoodAndBeverageCostOfSales
|
$153.41M | USD | 3 Qtrs |
| Other operating |
OtherDirectCostsOfHotels
|
$5.61M | USD | 1 Quarter |
| Other operating |
OtherDirectCostsOfHotels
|
$4.33M | USD | 1 Quarter |
| Other operating |
OtherDirectCostsOfHotels
|
$12.52M | USD | 3 Qtrs |
| Other operating |
OtherDirectCostsOfHotels
|
$16.07M | USD | 3 Qtrs |
| Advertising and promotion |
AdvertisingExpense
|
$46.25M | USD | 3 Qtrs |
| Advertising and promotion |
AdvertisingExpense
|
$15.02M | USD | 1 Quarter |
| Advertising and promotion |
AdvertisingExpense
|
$45.28M | USD | 3 Qtrs |
| Advertising and promotion |
AdvertisingExpense
|
$15.32M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$11.86M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$33.14M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$34.80M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$10.88M | USD | 1 Quarter |
| Utilities |
UtilitiesCosts
|
$26.74M | USD | 3 Qtrs |
| Utilities |
UtilitiesCosts
|
$9.37M | USD | 1 Quarter |
| Utilities |
UtilitiesCosts
|
$23.11M | USD | 3 Qtrs |
| Utilities |
UtilitiesCosts
|
$8.25M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$9.41M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$10.59M | USD | 1 Quarter |
| Franchise costs |
FranchiseFeesAndAssessments
|
$30.01M | USD | 3 Qtrs |
| Franchise costs |
FranchiseFeesAndAssessments
|
$27.40M | USD | 3 Qtrs |
| Property tax, ground lease and insurance |
OccupancyNet
|
$20.94M | USD | 1 Quarter |
| Property tax, ground lease and insurance |
OccupancyNet
|
$61.94M | USD | 3 Qtrs |
| Property tax, ground lease and insurance |
OccupancyNet
|
$25.65M | USD | 1 Quarter |
| Property tax, ground lease and insurance |
OccupancyNet
|
$72.41M | USD | 3 Qtrs |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$37.83M | USD | 1 Quarter |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$109.38M | USD | 3 Qtrs |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$35.00M | USD | 1 Quarter |
| Property general and administrative |
OtherCostAndExpenseOperating
|
$107.70M | USD | 3 Qtrs |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$19.92M | USD | 3 Qtrs |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$6.05M | USD | 1 Quarter |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$6.39M | USD | 1 Quarter |
| Corporate overhead |
GeneralAndAdministrativeExpense
|
$27.22M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$40.44M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$122.91M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$121.17M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$41.33M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$272.32M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$766.41M | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$808.95M | USD | 3 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$254.46M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$139.29M | USD | 3 Qtrs |
| Operating income |
OperatingIncomeLoss
|
$133.35M | USD | 3 Qtrs |
| Operating income |
OperatingIncomeLoss
|
$52.27M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$48.85M | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncome
|
$3.35M | USD | 3 Qtrs |
| Interest and other income |
OtherNonoperatingIncome
|
$576.00K | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncome
|
$283.00K | USD | 1 Quarter |
| Interest and other income |
OtherNonoperatingIncome
|
$1.13M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$16.41M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$47.02M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$51.02M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$11.14M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-2.00K | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-259.00K | USD | 3 Qtrs |
| Gain on sale of assets |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$11.68M | USD | 3 Qtrs |
| Gain on sale of assets |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$18.22M | USD | 3 Qtrs |
| Gain on sale of assets |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$11.68M | USD | 1 Quarter |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$48.13M | USD | 1 Quarter |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$37.99M | USD | 1 Quarter |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$105.42M | USD | 3 Qtrs |
| Income before income taxes and discontinued operations |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$103.31M | USD | 3 Qtrs |
| Income tax benefit (provision) |
IncomeTaxExpenseBenefit
|
$-1.43M | USD | 1 Quarter |
| Income tax benefit (provision) |
IncomeTaxExpenseBenefit
|
$1.26M | USD | 3 Qtrs |
| Income tax benefit (provision) |
IncomeTaxExpenseBenefit
|
$-959.00K | USD | 3 Qtrs |
| Income tax benefit (provision) |
IncomeTaxExpenseBenefit
|
$938.00K | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$102.05M | USD | 3 Qtrs |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$106.38M | USD | 3 Qtrs |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$47.19M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$39.43M | USD | 1 Quarter |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$15.89M | USD | 3 Qtrs |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$15.89M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$106.38M | USD | 3 Qtrs |
| NET INCOME |
ProfitLoss
|
$39.43M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$117.94M | USD | 3 Qtrs |
| NET INCOME |
ProfitLoss
|
$63.08M | USD | 1 Quarter |
| Income from consolidated joint ventures attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.36M | USD | 3 Qtrs |
| Income from consolidated joint ventures attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.05M | USD | 1 Quarter |
| Income from consolidated joint ventures attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.98M | USD | 1 Quarter |
| Income from consolidated joint ventures attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$6.64M | USD | 3 Qtrs |
| Preferred stock dividends and redemption charge |
PreferredStockDividendsAndOtherAdjustments
|
$12.76M | USD | 3 Qtrs |
| Preferred stock dividends and redemption charge |
PreferredStockDividendsAndOtherAdjustments
|
$2.30M | USD | 1 Quarter |
| Preferred stock dividends and redemption charge |
PreferredStockDividendsAndOtherAdjustments
|
$3.21M | USD | 1 Quarter |
| Preferred stock dividends and redemption charge |
PreferredStockDividendsAndOtherAdjustments
|
$6.90M | USD | 3 Qtrs |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
UndistributedEarnings
|
$88.27M | USD | 3 Qtrs |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
UndistributedEarnings
|
$104.40M | USD | 3 Qtrs |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
UndistributedEarnings
|
$58.80M | USD | 1 Quarter |
| INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
UndistributedEarnings
|
$34.17M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$39.43M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$117.94M | USD | 3 Qtrs |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$63.08M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$106.38M | USD | 3 Qtrs |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$88.27M | USD | 3 Qtrs |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$34.17M | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS |
ComprehensiveIncomeNetOfTax
|
$104.40M | 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
|
$0.42 | USD | 3 Qtrs |
| Income from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.16 | USD | 1 Quarter |
| Income from continuing operations attributable to common stockholders (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.41 | 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, net of tax (in dollars per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
$0.08 | USD | 1 Quarter |
| Income from discontinued operations, net of tax (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
|
$0.41 | USD | 3 Qtrs |
| 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 income attributable to common stockholders per common share (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.16 | USD | 1 Quarter |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
207.60M | shares | 1 Quarter |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
214.56M | shares | 3 Qtrs |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
215.41M | shares | 1 Quarter |
| Basic and diluted weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
207.26M | shares | 3 Qtrs |
| Distributions declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Distributions declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Distributions declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
| Distributions declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
Cash Flow Statement
92 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$106.38M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$39.43M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$117.94M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$63.08M | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$115.00K | USD | 3 Qtrs |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$493.00K | USD | 3 Qtrs |
| Gain on sale of assets, net |
GainLossOnSaleOfOtherAssets
|
$18.23M | USD | 3 Qtrs |
| Gain on sale of assets, net |
GainLossOnSaleOfOtherAssets
|
$27.71M | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-2.00K | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-259.00K | USD | 3 Qtrs |
| Gain on redemption of note receivable |
GainLossOnDispositionOfAssets1
|
$939.00K | USD | 3 Qtrs |
| (Gain) loss on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-12.00K | USD | 3 Qtrs |
| (Gain) loss on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$1.37M | USD | 1 Quarter |
| (Gain) loss on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-2.00K | USD | 1 Quarter |
| (Gain) loss on derivatives, net |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-7.81M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$118.76M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$119.81M | USD | 3 Qtrs |
| Amortization of franchise fees and other intangibles |
AmortizationOfIntangibleAssets
|
$6.05M | USD | 3 Qtrs |
| Amortization of franchise fees and other intangibles |
AmortizationOfIntangibleAssets
|
$2.94M | USD | 3 Qtrs |
| Amortization of deferred financing fees |
AmortizationOfFinancingCosts
|
$692.00K | USD | 1 Quarter |
| Amortization of deferred financing fees |
AmortizationOfFinancingCosts
|
$1.65M | USD | 3 Qtrs |
| Amortization of deferred financing fees |
AmortizationOfFinancingCosts
|
$544.00K | USD | 1 Quarter |
| Amortization of deferred financing fees |
AmortizationOfFinancingCosts
|
$2.47M | USD | 3 Qtrs |
| Amortization of deferred stock compensation |
ShareBasedCompensation
|
$5.62M | USD | 3 Qtrs |
| Amortization of deferred stock compensation |
ShareBasedCompensation
|
$8.11M | USD | 3 Qtrs |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-17.85M | USD | 3 Qtrs |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-550.00K | USD | 3 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$13.89M | USD | 3 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$14.75M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-76.00K | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-26.00K | USD | 3 Qtrs |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.40M | USD | 3 Qtrs |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$72.00K | USD | 3 Qtrs |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
$14.07M | USD | 3 Qtrs |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
$3.00M | USD | 3 Qtrs |
| Accrued payroll and employee benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$970.00K | USD | 3 Qtrs |
| Accrued payroll and employee benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-3.21M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$229.04M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$228.52M | USD | 3 Qtrs |
| Proceeds from sales of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$42.43M | USD | 3 Qtrs |
| Proceeds from sales of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$41.20M | USD | 3 Qtrs |
| Proceeds from redemption of note receivable |
ProceedsFromCollectionOfNotesReceivable
|
$1.12M | USD | 3 Qtrs |
| Restricted cash - replacement reserve |
IncreaseDecreaseInRestrictedCash
|
$8.91M | USD | 3 Qtrs |
| Restricted cash - replacement reserve |
IncreaseDecreaseInRestrictedCash
|
$10.02M | USD | 3 Qtrs |
| Acquisition of air rights lease |
PaymentsToAcquireIntangibleAssets
|
$2.45M | USD | 3 Qtrs |
| Renovations and additions to hotel properties |
PaymentsForCapitalImprovements
|
$139.85M | USD | 3 Qtrs |
| Renovations and additions to hotel properties |
PaymentsForCapitalImprovements
|
$106.58M | USD | 3 Qtrs |
| Payment for interest rate derivative |
PaymentsForDerivativeInstrumentInvestingActivities
|
$13.00K | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-110.00M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-73.05M | USD | 3 Qtrs |
| Proceeds from preferred stock offerings |
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
|
$190.00M | USD | 3 Qtrs |
| Payment of preferred stock offering costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$6.64M | USD | 3 Qtrs |
| Redemption of preferred stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$115.00M | USD | 3 Qtrs |
| Repurchase of common stock for employee withholding obligations |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.64M | USD | 3 Qtrs |
| Repurchase of common stock for employee withholding obligations |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$9.26M | USD | 3 Qtrs |
| Proceeds from note payable and credit facility |
ProceedsFromIssuanceOfDebt
|
$100.00M | USD | 3 Qtrs |
| Proceeds from note payable and credit facility |
ProceedsFromIssuanceOfDebt
|
$38.00M | USD | 3 Qtrs |
| Payments on notes payable and credit facility |
RepaymentsOfDebt
|
$196.50M | USD | 3 Qtrs |
| Payments on notes payable and credit facility |
RepaymentsOfDebt
|
$154.13M | USD | 3 Qtrs |
| Payments for costs related to extinguishment of notes payable |
PaymentsOfDebtExtinguishmentCosts
|
$2.00K | USD | 3 Qtrs |
| Payments for costs related to extinguishment of notes payable |
PaymentsOfDebtExtinguishmentCosts
|
$153.00K | USD | 3 Qtrs |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$85.00K | USD | 3 Qtrs |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$4.91M | USD | 3 Qtrs |
| Dividends and distributions paid |
PaymentsOfOrdinaryDividends
|
$213.45M | USD | 3 Qtrs |
| Dividends and distributions paid |
PaymentsOfOrdinaryDividends
|
$64.81M | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$6.79M | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$5.99M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-201.90M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-250.46M | USD | 3 Qtrs |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-131.95M | USD | 3 Qtrs |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-45.91M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$367.12M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$499.07M | 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
|
$367.12M | 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
|
$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
|
$37.55M | USD | 3 Qtrs |
| Cash paid (refunds received) for income taxes, net |
IncomeTaxesPaidNet
|
$1.10M | USD | 3 Qtrs |
| Cash paid (refunds received) for income taxes, net |
IncomeTaxesPaidNet
|
$-99.00K | USD | 3 Qtrs |
| Increase in accounts payable related to renovations and additions to hotel properties and other assets |
CapitalExpendituresIncurredButNotYetPaid
|
$7.17M | USD | 3 Qtrs |
| Increase in accounts payable related to renovations and additions to hotel properties and other assets |
CapitalExpendituresIncurredButNotYetPaid
|
$2.78M | USD | 3 Qtrs |
| Amortization of deferred stock compensation - construction activities |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$442.00K | USD | 3 Qtrs |
| Amortization of deferred stock compensation - construction activities |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$450.00K | USD | 3 Qtrs |
| Preferred stock redemption charge |
PreferredStockRedemptionPremium
|
$4.05M | USD | 3 Qtrs |
| Issuance of common stock distributions |
StockIssuedDuringPeriodValueStockDividend
|
$78.82M | USD | 3 Qtrs |
| Issuance of common stock distributions |
StockIssuedDuringPeriodValueStockDividend
|
$37.35M | USD | 3 Qtrs |
| Dividends and distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$12.73M | USD | Point-in-time |
| Dividends and distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$14.03M | USD | Point-in-time |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Issuance of common stock distributions per share (in dollars per share) |
CommonStockStockDividendsPerSharePaid
|
$1.26 | USD | 3 Qtrs |
| Common stock distributions and distributions payable, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Common stock distributions and distributions payable, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Common stock distributions and distributions payable, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
| Common stock distributions and distributions payable, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 3 Qtrs |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.56B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
| Redemption of preferred stock |
StockRedeemedOrCalledDuringPeriodValue
|
$115.00M | USD | 3 Qtrs |
| Net proceeds from sales of preferred stock |
StockIssuedDuringPeriodValueNewIssues
|
$183.36M | USD | 3 Qtrs |
| Deferred stock compensation, net |
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
|
$5.75M | USD | 3 Qtrs |
| Issuance of common stock distributions |
StockIssuedDuringPeriodValueStockDividend
|
$78.82M | USD | 3 Qtrs |
| Issuance of common stock distributions |
StockIssuedDuringPeriodValueStockDividend
|
$37.35M | USD | 3 Qtrs |
| Common stock distributions and distributions payable |
DividendsCommonStockCash
|
$32.48M | USD | 3 Qtrs |
| Distributions to noncontrolling interest |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$5.99M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$106.38M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$39.43M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$117.94M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$63.08M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.56B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.