10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-005801`
Period End Date	20170630
Filing Date	20170803
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	sho-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 127 Cash Flow Statement 92 Stockholders Equity 16

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$597.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$369.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$354.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$67.92M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$66.42M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$39.34M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$46.32M	USD	Point-in-time
Inventories	`InventoryNet`	$1.23M	USD	Point-in-time
Inventories	`InventoryNet`	$1.24M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.82M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Assets held for sale, net	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$79.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$720.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$567.62M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	220.07M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	225.15M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	225.15M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.16B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	220.07M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.10B	USD	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$4.00M	USD	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$1.83M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$15.05M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.39M	USD	Point-in-time
Total assets	`Assets`	$3.84B	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`	$29.18M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.23M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.90M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$14.46M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$119.85M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.11M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$39.87M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$9.02M	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`	$119.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$408.80M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$980.07M	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`	$36.65M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$36.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.15B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	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, 225,152,175 shares issued and outstanding at June 30, 2017 and 220,073,140 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$2.20M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 225,152,175 shares issued and outstanding at June 30, 2017 and 220,073,140 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$2.25M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.67B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.60B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$897.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$786.90M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.09B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.12B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.64B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.48B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$49.88M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$49.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.84B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.74B	USD	Point-in-time

Income Statement 127 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$224.18M	USD	1 Quarter
Room	`OccupancyRevenue`	$223.65M	USD	1 Quarter
Room	`OccupancyRevenue`	$414.02M	USD	2 Qtrs
Room	`OccupancyRevenue`	$411.47M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$152.53M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$78.62M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$154.12M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$81.30M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$16.69M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$32.45M	USD	2 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$16.52M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$31.40M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$596.45M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$599.54M	USD	2 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$318.80M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$322.16M	USD	1 Quarter
Room	`OccupancyCosts`	$54.56M	USD	1 Quarter
Room	`OccupancyCosts`	$105.85M	USD	2 Qtrs
Room	`OccupancyCosts`	$54.52M	USD	1 Quarter
Room	`OccupancyCosts`	$105.56M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$104.87M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$101.51M	USD	2 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$52.94M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$50.97M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$4.03M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$7.86M	USD	2 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$8.19M	USD	2 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$4.13M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$15.28M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$30.27M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$14.91M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$29.86M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$22.26M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$21.76M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$11.00M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$10.80M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$14.51M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.29M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$14.86M	USD	2 Qtrs
Utilities	`UtilitiesCosts`	$7.35M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$17.99M	USD	2 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$9.90M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$9.88M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$17.94M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$18.16M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.79M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$42.08M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$41.00M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$35.77M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$70.50M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$72.69M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$37.98M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.57M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$6.81M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$14.35M	USD	2 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$13.53M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$80.73M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$39.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$80.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$40.68M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$506.55M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$258.74M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$256.09M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$511.95M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$84.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$62.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.98M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$63.42M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$844.00K	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$849.00K	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$1.57M	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$355.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$35.88M	USD	2 Qtrs
Interest expense	`InterestExpense`	$15.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.33M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-154.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-259.00K	USD	2 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$45.47M	USD	2 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$18.22M	USD	1 Quarter
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$1.19M	USD	1 Quarter
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$18.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.43M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.69M	USD	2 Qtrs
Income tax provision	`CurrentIncomeTaxExpenseBenefit`	$450.00K	USD	2 Qtrs
Income tax provision	`CurrentIncomeTaxExpenseBenefit`	$238.00K	USD	1 Quarter
Income tax provision	`CurrentIncomeTaxExpenseBenefit`	$475.00K	USD	2 Qtrs
Income tax provision	`CurrentIncomeTaxExpenseBenefit`	$242.00K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$115.24M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$65.74M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$66.95M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$51.41M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.31M	USD	2 Qtrs
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.66M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.18M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.17M	USD	2 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$6.41M	USD	2 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$3.21M	USD	1 Quarter
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$9.55M	USD	2 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$6.78M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$104.65M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$46.02M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$54.10M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$57.30M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.74M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$115.24M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$66.95M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$51.41M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$57.30M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$54.10M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$46.02M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$104.65M	USD	2 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.26	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.25	USD	2 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.47	USD	2 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.21	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	219.61M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	220.13M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	214.14M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	215.38M	shares	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`	$0.05	USD	1 Quarter
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$115.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$65.74M	USD	1 Quarter
Net income	`ProfitLoss`	$66.95M	USD	2 Qtrs
Net income	`ProfitLoss`	$51.41M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$310.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$309.00K	USD	2 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$18.23M	USD	2 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$45.75M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-154.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-259.00K	USD	2 Qtrs
Loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-1.01M	USD	1 Quarter
Loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-349.00K	USD	2 Qtrs
Loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-9.18M	USD	2 Qtrs
Loss on derivatives, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-2.78M	USD	1 Quarter
Depreciation	`Depreciation`	$79.03M	USD	2 Qtrs
Depreciation	`Depreciation`	$79.12M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$1.75M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$1.62M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.10M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$579.00K	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.16M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$549.00K	USD	1 Quarter
Amortization of deferred stock compensation	`ShareBasedCompensation`	$4.34M	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$4.08M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-15.76M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-4.01M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.84M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.83M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-22.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-84.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.80M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.36M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$6.02M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$3.40M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.42M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.76M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$149.15M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$154.28M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$41.17M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$150.16M	USD	2 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$1.91M	USD	2 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$2.50M	USD	2 Qtrs
Acquisition deposit	`PaymentsForDepositsOnRealEstateAcquisitions`	$7.00M	USD	2 Qtrs
Acquisition of air rights	`PaymentsToAcquireIntangibleAssets`	$2.45M	USD	2 Qtrs
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$100.03M	USD	2 Qtrs
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$59.50M	USD	2 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$19.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$81.14M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.22M	USD	2 Qtrs
Proceeds from preferred stock offerings	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$190.00M	USD	2 Qtrs
Payment of preferred stock offering costs	`PaymentOfFinancingAndStockIssuanceCosts`	$6.64M	USD	2 Qtrs
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$115.00M	USD	2 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$76.22M	USD	2 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.43M	USD	2 Qtrs
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.64M	USD	2 Qtrs
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.79M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$100.00M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$240.00M	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$193.45M	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$181.19M	USD	2 Qtrs
Payments of costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$153.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$13.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$77.00K	USD	2 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$134.07M	USD	2 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$199.56M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$3.36M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.80M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-230.31M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.64M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$227.78M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-144.38M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$597.32M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$369.54M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$354.68M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$597.32M	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`	$354.68M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$499.07M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$25.81M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$17.69M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$447.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$709.00K	USD	2 Qtrs
Increase (decrease) in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$-6.78M	USD	2 Qtrs
Increase (decrease) in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$3.07M	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$486.00K	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$309.00K	USD	2 Qtrs
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	$4.05M	USD	2 Qtrs
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$78.82M	USD	2 Qtrs
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.46M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$13.90M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
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`	$0.10	USD	2 Qtrs
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$74.79M	USD	2 Qtrs
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$856.00K	USD	2 Qtrs
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$22.28M	USD	2 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$115.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$65.74M	USD	1 Quarter
Net income	`ProfitLoss`	$66.95M	USD	2 Qtrs
Net income	`ProfitLoss`	$51.41M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time

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