10-K Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001558370-17-000849`
Period End Date	20161231
Filing Date	20170223
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	sho-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 128 Cash Flow Statement 135 Stockholders Equity 43 Comprehensive Income 12

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
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`	$369.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$67.92M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$76.18M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$39.34M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$32.02M	USD	Point-in-time
Inventories	`InventoryNet`	$1.23M	USD	Point-in-time
Inventories	`InventoryNet`	$1.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.49M	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
Assets held for sale, net	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$79.11M	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`	220.07M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$619.54M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	207.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$567.62M	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.16B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.23B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	220.07M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	207.60M	shares	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$4.00M	USD	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$4.31M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$10.39M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.39M	USD	Point-in-time
Total assets	`Assets`	$3.87B	USD	Point-in-time
Total assets	`Assets`	$3.74B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$36.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$30.19M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$28.02M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.90M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$119.85M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$265.12M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$39.87M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$42.17M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$85.78M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$184.93M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$451.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$408.80M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$1.01B	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$746.37M	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`	$36.29M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$36.65M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.51B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 220,073,140 shares issued and outstanding at December 31, 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, 220,073,140 shares issued and outstanding at December 31, 2016 and 207,604,391 shares issued and outstanding at December 31, 2015	`CommonStockValue`	$2.20M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.60B	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`	$786.90M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$927.87M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.09B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.48B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$50.32M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$49.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.87B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.74B	USD	Point-in-time

Income Statement 128 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$824.34M	USD	Annual
Room	`OccupancyRevenue`	$874.12M	USD	Annual
Room	`OccupancyRevenue`	$811.71M	USD	Annual
Food and beverage	`FoodAndBeverageRevenue`	$259.36M	USD	Annual
Food and beverage	`FoodAndBeverageRevenue`	$293.89M	USD	Annual
Food and beverage	`FoodAndBeverageRevenue`	$294.42M	USD	Annual
Other operating	`OtherHotelOperatingRevenue`	$70.93M	USD	Annual
Other operating	`OtherHotelOperatingRevenue`	$81.17M	USD	Annual
Other operating	`OtherHotelOperatingRevenue`	$70.58M	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$322.16M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$1.19B	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$1.14B	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$300.93M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$1.25B	USD	Annual
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$289.58M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$303.30M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$284.38M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$324.60M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$339.27M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$274.29M	USD	1 Quarter
Room	`OccupancyCosts`	$224.03M	USD	Annual
Room	`OccupancyCosts`	$211.95M	USD	Annual
Room	`OccupancyCosts`	$214.90M	USD	Annual
Food and beverage	`FoodAndBeverageCostOfSales`	$180.05M	USD	Annual
Food and beverage	`FoodAndBeverageCostOfSales`	$204.10M	USD	Annual
Food and beverage	`FoodAndBeverageCostOfSales`	$204.93M	USD	Annual
Other operating	`OtherDirectCostsOfHotels`	$16.68M	USD	Annual
Other operating	`OtherDirectCostsOfHotels`	$21.34M	USD	Annual
Other operating	`OtherDirectCostsOfHotels`	$21.01M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$54.99M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$61.89M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$60.09M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$45.90M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$44.31M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$46.56M	USD	Annual
Utilities	`UtilitiesCosts`	$34.14M	USD	Annual
Utilities	`UtilitiesCosts`	$30.42M	USD	Annual
Utilities	`UtilitiesCosts`	$34.54M	USD	Annual
Franchise costs	`FranchiseFeesAndAssessments`	$38.27M	USD	Annual
Franchise costs	`FranchiseFeesAndAssessments`	$40.10M	USD	Annual
Franchise costs	`FranchiseFeesAndAssessments`	$36.65M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$82.98M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$94.97M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$84.67M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$142.33M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$126.74M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$142.74M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$25.99M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$28.74M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$33.34M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$164.72M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$163.02M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$155.84M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$985.25M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$1.02B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$1.07B	USD	Annual
Operating income	`OperatingIncomeLoss`	$156.74M	USD	Annual
Operating income	`OperatingIncomeLoss`	$52.27M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$69.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$180.44M	USD	Annual
Operating income	`OperatingIncomeLoss`	$17.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$170.41M	USD	Annual
Operating income	`OperatingIncomeLoss`	$41.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$63.42M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$21.08M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$3.48M	USD	Annual
Interest and other income	`OtherNonoperatingIncome`	$3.88M	USD	Annual
Interest and other income	`OtherNonoperatingIncome`	$1.80M	USD	Annual
Interest expense	`InterestExpense`	$50.28M	USD	Annual
Interest expense	`InterestExpense`	$72.31M	USD	Annual
Interest expense	`InterestExpense`	$66.52M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-284.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.96M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.64M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$226.22M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$18.41M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.27M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.06M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$341.06M	USD	Annual
Income tax benefit (provision)	`CurrentIncomeTaxExpenseBenefit`	$179.00K	USD	Annual
Income tax benefit (provision)	`CurrentIncomeTaxExpenseBenefit`	$-616.00K	USD	Annual
Income tax benefit (provision)	`CurrentIncomeTaxExpenseBenefit`	$1.43M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$140.68M	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`	$15.89M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$4.85M	USD	Annual
NET INCOME	`ProfitLoss`	$39.43M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$237.57M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$355.52M	USD	Annual
NET INCOME	`ProfitLoss`	$63.08M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$53.66M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$65.74M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$34.30M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$140.68M	USD	Annual
NET INCOME	`ProfitLoss`	$1.20M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$87.94M	USD	Annual
NET INCOME	`ProfitLoss`	$1.22M	USD	1 Quarter
Income from consolidated joint ventures attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.16M	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`	$6.48M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$9.20M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$15.96M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$9.20M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`UndistributedEarnings`	$338.15M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`UndistributedEarnings`	$118.23M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`UndistributedEarnings`	$72.03M	USD	Annual
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.55	USD	Annual
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.34	USD	Annual
Income 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`	$0.08	USD	Annual
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.14	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.16	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.37	USD	Annual
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.28	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.26	USD	1 Quarter
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.55	USD	Annual
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.62	USD	Annual
Basic and diluted loss attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.12	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	192.67M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	214.97M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	207.35M	shares	Annual

Cash Flow Statement 135 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$39.43M	USD	1 Quarter
Net income	`ProfitLoss`	$237.57M	USD	1 Quarter
Net income	`ProfitLoss`	$355.52M	USD	Annual
Net income	`ProfitLoss`	$63.08M	USD	1 Quarter
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$65.74M	USD	1 Quarter
Net income	`ProfitLoss`	$34.30M	USD	1 Quarter
Net income	`ProfitLoss`	$140.68M	USD	Annual
Net income	`ProfitLoss`	$1.20M	USD	1 Quarter
Net income	`ProfitLoss`	$87.94M	USD	Annual
Net income	`ProfitLoss`	$1.22M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$618.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$238.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$368.00K	USD	Annual
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$242.23M	USD	Annual
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$5.29M	USD	Annual
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$18.42M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-284.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.96M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.64M	USD	Annual
Gain on redemption of note receivable	`GainLossOnSaleOfOtherAssets`	$939.00K	USD	Annual
Gain on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$1.43M	USD	Annual
Gain on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$529.00K	USD	Annual
Gain on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$309.00K	USD	Annual
Depreciation	`Depreciation`	$160.41M	USD	Annual
Depreciation	`Depreciation`	$152.58M	USD	Annual
Depreciation	`Depreciation`	$159.92M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$7.54M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$3.74M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$6.48M	USD	Annual
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$2.78M	USD	Annual
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$3.15M	USD	Annual
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$2.20M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$9.70M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$7.16M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$9.06M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-17.62M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-8.54M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-11.54M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.53M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.40M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.77M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-100.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-40.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-44.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.12M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-977.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.45M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$7.27M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$476.00K	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$4.62M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-54.00K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.78M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.06M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$282.37M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$309.32M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$305.41M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$565.12M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$41.59M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$110.00K	USD	Annual
Disposition deposit	`ProceedsFromDepositsOnRealEstateSales`	$250.00K	USD	Annual
Proceeds from redemption of note receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.12M	USD	Annual
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$4.31M	USD	Annual
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$2.64M	USD	Annual
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$9.37M	USD	Annual
Acquisitions of hotel properties and other assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$276.56M	USD	Annual
Acquisitions of hotel properties and other assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.45M	USD	Annual
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$164.23M	USD	Annual
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$125.97M	USD	Annual
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$182.19M	USD	Annual
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$13.00K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-152.16M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-406.73M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$399.35M	USD	Annual
Proceeds from preferred stock offerings	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$190.00M	USD	Annual
Payment of preferred stock offering costs	`PaymentOfFinancingAndStockIssuanceCosts`	$6.64M	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$115.00M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$284.39M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$55.13M	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.00M	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$941.00K	USD	Annual
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.64M	USD	Annual
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.77M	USD	Annual
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.26M	USD	Annual
Proceeds from notes payable and credit facility	`ProceedsFromIssuanceOfDebt`	$178.25M	USD	Annual
Proceeds from notes payable and credit facility	`ProceedsFromIssuanceOfDebt`	$123.00M	USD	Annual
Proceeds from notes payable and credit facility	`ProceedsFromIssuanceOfDebt`	$100.00M	USD	Annual
Payments on notes payable and credit facility	`RepaymentsOfDebt`	$153.03M	USD	Annual
Payments on notes payable and credit facility	`RepaymentsOfDebt`	$450.81M	USD	Annual
Payments on notes payable and credit facility	`RepaymentsOfDebt`	$265.54M	USD	Annual
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$173.00K	USD	Annual
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$4.05M	USD	Annual
Payments for costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$1.25M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$2.35M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.76M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.86M	USD	Annual
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$227.49M	USD	Annual
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$47.85M	USD	Annual
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$77.54M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$8.49M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$7.74M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$9.98M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-431.71M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-282.78M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$242.10M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$117.73M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-129.53M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$276.97M	USD	Annual
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$369.54M	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`	$104.36M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$369.54M	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`	$104.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$222.10M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$50.11M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$63.55M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$69.51M	USD	Annual
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$1.24M	USD	Annual
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$583.00K	USD	Annual
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$273.00K	USD	Annual
Increase in accounts payable related to renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$6.43M	USD	Annual
Increase in accounts payable related to renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$8.67M	USD	Annual
Increase in accounts payable related to renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$8.27M	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$591.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$580.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$474.00K	USD	Annual
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	$4.05M	USD	Annual
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$37.35M	USD	Annual
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$78.82M	USD	Annual
Issuance of common stock in connection with acquisition of hotel property	`StockIssued1`	$60.00M	USD	Annual
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$76.69M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$265.12M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$119.85M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Issuance of common stock distributions per share (in dollars per share)	`CommonStockStockDividendsPerSharePaid`	$1.26	USD	Annual
Issuance of common stock distributions per share (in dollars per share)	`CommonStockStockDividendsPerSharePaid`	$0.36	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.51	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.41	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Redemption of preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$115.00M	USD	Annual
Net proceeds from sales of preferred stock	`StockIssuedDuringPeriodValueOther`	$183.36M	USD	Annual
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$54.19M	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
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued`	$2.85M	USD	Annual
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued`	$7.43M	USD	Annual
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued`	$6.70M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.98M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$7.74M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.49M	USD	Annual
Sale of noncontrolling interest	`NoncontrollingInterestDecreaseFromDeconsolidation`	$-125.00K	USD	Annual
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$37.35M	USD	Annual
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$78.82M	USD	Annual
Cash and/or stock common stock distributions and distributions payable	`DividendsCommonStock`	$294.12M	USD	Annual
Cash and/or stock common stock distributions and distributions payable	`DividendsCommonStock`	$103.90M	USD	Annual
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$149.12M	USD	Annual
Net income	`ProfitLoss`	$39.43M	USD	1 Quarter
Net income	`ProfitLoss`	$237.57M	USD	1 Quarter
Net income	`ProfitLoss`	$355.52M	USD	Annual
Net income	`ProfitLoss`	$63.08M	USD	1 Quarter
Net income	`ProfitLoss`	$53.66M	USD	1 Quarter
Net income	`ProfitLoss`	$65.74M	USD	1 Quarter
Net income	`ProfitLoss`	$34.30M	USD	1 Quarter
Net income	`ProfitLoss`	$140.68M	USD	Annual
Net income	`ProfitLoss`	$1.20M	USD	1 Quarter
Net income	`ProfitLoss`	$87.94M	USD	Annual
Net income	`ProfitLoss`	$1.22M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.95B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
New Accounting Pronouncement Effect Of Adoption On Additional Paid In Capital	`NewAccountingPronouncementEffectOfAdoptionOnAdditionalPaidInCapital`	$2.46B	USD	Point-in-time
New Accounting Pronouncement Effect Of Adoption On Retained Earnings	`NewAccountingPronouncementEffectOfAdoptionOnRetainedEarnings`	$652.70M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$140.68M	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`	$8.16M	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`	$6.48M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$9.20M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$15.96M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$9.20M	USD	Annual
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$118.23M	USD	Annual
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$72.03M	USD	Annual
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$338.15M	USD	Annual

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