10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-007893`
Period End Date	20170930
Filing Date	20171101
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	sho-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 138 Cash Flow Statement 96 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`	$466.52M	USD	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`	$367.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.55M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$67.92M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$39.34M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.84M	USD	Point-in-time
Inventories	`InventoryNet`	$1.24M	USD	Point-in-time
Inventories	`InventoryNet`	$1.23M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.52M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	225.32M	shares	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
Total current assets	`AssetsCurrent`	$594.66M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	220.07M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.24B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.16B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	225.32M	shares	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$1.57M	USD	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$4.00M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.39M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$23.22M	USD	Point-in-time
Total assets	`Assets`	$3.74B	USD	Point-in-time
Total assets	`Assets`	$3.85B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$36.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$30.73M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.02M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.90M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$14.47M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$119.85M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$47.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$39.87M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$184.93M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$9.16M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$124.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$408.80M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$977.63M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$746.37M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$26.76M	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`	$29.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.16B	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, 225,321,660 shares issued and outstanding at September 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, 225,321,660 shares issued and outstanding at September 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`	$2.68B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.60B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$912.88M	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`	$1.14B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.48B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.65B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$49.08M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$49.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time

Income Statement 138 line items

Line Item	Tag	Value	Unit	Period
Room	`OccupancyRevenue`	$217.67M	USD	1 Quarter
Room	`OccupancyRevenue`	$629.14M	USD	3 Qtrs
Room	`OccupancyRevenue`	$629.79M	USD	3 Qtrs
Room	`OccupancyRevenue`	$215.77M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$68.82M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$221.43M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageRevenue`	$68.90M	USD	1 Quarter
Food and beverage	`FoodAndBeverageRevenue`	$222.94M	USD	3 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$49.18M	USD	3 Qtrs
Other operating	`OtherHotelOperatingRevenue`	$16.73M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$19.32M	USD	1 Quarter
Other operating	`OtherHotelOperatingRevenue`	$50.72M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$303.91M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$303.30M	USD	1 Quarter
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$899.76M	USD	3 Qtrs
Total revenues	`RevenueFromLeasedAndOwnedHotels`	$903.45M	USD	3 Qtrs
Room	`OccupancyCosts`	$54.62M	USD	1 Quarter
Room	`OccupancyCosts`	$54.43M	USD	1 Quarter
Room	`OccupancyCosts`	$160.28M	USD	3 Qtrs
Room	`OccupancyCosts`	$160.19M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$154.04M	USD	3 Qtrs
Food and beverage	`FoodAndBeverageCostOfSales`	$49.26M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$49.17M	USD	1 Quarter
Food and beverage	`FoodAndBeverageCostOfSales`	$150.77M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$12.52M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$12.12M	USD	3 Qtrs
Other operating	`OtherDirectCostsOfHotels`	$4.26M	USD	1 Quarter
Other operating	`OtherDirectCostsOfHotels`	$4.33M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$15.02M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$44.81M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$45.28M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$14.95M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$33.14M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$10.88M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$34.65M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$12.88M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$8.25M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$8.33M	USD	1 Quarter
Utilities	`UtilitiesCosts`	$23.11M	USD	3 Qtrs
Utilities	`UtilitiesCosts`	$22.84M	USD	3 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$9.41M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$9.43M	USD	1 Quarter
Franchise costs	`FranchiseFeesAndAssessments`	$27.40M	USD	3 Qtrs
Franchise costs	`FranchiseFeesAndAssessments`	$27.37M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$61.94M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$63.48M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$21.40M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.94M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$35.00M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$105.02M	USD	3 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$107.70M	USD	3 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$34.51M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.23M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$21.59M	USD	3 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$6.39M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$19.92M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$40.44M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$120.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$39.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$121.17M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$797.39M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$766.41M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$254.46M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$290.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$133.35M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$106.06M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$283.00K	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$2.60M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$1.03M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$1.13M	USD	3 Qtrs
Interest expense	`InterestExpense`	$11.14M	USD	1 Quarter
Interest expense	`InterestExpense`	$41.34M	USD	3 Qtrs
Interest expense	`InterestExpense`	$17.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$47.02M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-259.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$18.22M	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$45.47M	USD	3 Qtrs
(Loss) income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.78M	USD	3 Qtrs
(Loss) income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.42M	USD	3 Qtrs
(Loss) income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.99M	USD	1 Quarter
(Loss) income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.91M	USD	1 Quarter
Income tax benefit	`CurrentIncomeTaxExpenseBenefit`	$-1.43M	USD	1 Quarter
Income tax benefit	`CurrentIncomeTaxExpenseBenefit`	$-959.00K	USD	3 Qtrs
Income tax benefit	`CurrentIncomeTaxExpenseBenefit`	$-12.54M	USD	3 Qtrs
Income tax benefit	`CurrentIncomeTaxExpenseBenefit`	$-12.99M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$125.32M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$106.38M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$39.43M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$10.08M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$7.00M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$7.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$17.08M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$132.32M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$106.38M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$39.43M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.36M	USD	3 Qtrs
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.05M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.34M	USD	3 Qtrs
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.17M	USD	1 Quarter
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$3.21M	USD	1 Quarter
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$9.62M	USD	3 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$12.76M	USD	3 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$3.21M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$34.17M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$88.27M	USD	3 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$11.71M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$116.36M	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$106.38M	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.08M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$132.32M	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$39.43M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$116.36M	USD	3 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$34.17M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$88.27M	USD	3 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`ComprehensiveIncomeNetOfTax`	$11.71M	USD	1 Quarter
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`	$0.02	USD	1 Quarter
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.49	USD	3 Qtrs
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.41	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	3 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.05	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.52	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`	$0.16	USD	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`	224.14M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	221.14M	shares	3 Qtrs
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`	$0.05	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

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.08M	USD	1 Quarter
Net income	`ProfitLoss`	$132.32M	USD	3 Qtrs
Net income	`ProfitLoss`	$106.38M	USD	3 Qtrs
Net income	`ProfitLoss`	$39.43M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$493.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$503.00K	USD	3 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$18.23M	USD	3 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$52.74M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-259.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	3 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$4.53M	USD	1 Quarter
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$7.81M	USD	3 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-1.37M	USD	1 Quarter
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$4.88M	USD	3 Qtrs
Depreciation	`Depreciation`	$118.07M	USD	3 Qtrs
Depreciation	`Depreciation`	$118.76M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$2.39M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$2.94M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.73M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$577.00K	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$544.00K	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.65M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$6.19M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$5.62M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	1 Quarter
Hurricane-related loss	`OtherNoncashExpense`	$201.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-13.63M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-3.87M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-17.85M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.75M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.54M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-71.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-26.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$72.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$3.00M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$4.39M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.88M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.21M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$228.52M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$234.25M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$150.17M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$41.20M	USD	3 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$7.50M	USD	3 Qtrs
Restricted cash - replacement reserve	`IncreaseDecreaseInRestrictedCash`	$8.91M	USD	3 Qtrs
Acquisition of hotel property and other assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$173.92M	USD	3 Qtrs
Acquisition of hotel property and other assets	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.45M	USD	3 Qtrs
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$139.85M	USD	3 Qtrs
Renovations and additions to hotel properties	`PaymentsForCapitalImprovements`	$81.47M	USD	3 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$19.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-112.73M	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
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$79.41M	USD	3 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.48M	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`	$3.79M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$240.00M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$100.00M	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$196.50M	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$183.80M	USD	3 Qtrs
Payments of costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$153.00K	USD	3 Qtrs
Payments of costs related to extinguishment of notes payable	`PaymentsOfDebtExtinguishmentCosts`	$1.00K	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$85.00K	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$13.00K	USD	3 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$148.54M	USD	3 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$213.45M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$6.33M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$5.99M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.54M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-250.46M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-131.95M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$96.98M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$466.52M	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`	$499.07M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$367.12M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$466.52M	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`	$367.12M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$32.59M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$37.55M	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$864.00K	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$1.10M	USD	3 Qtrs
Increase (decrease) in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$-5.89M	USD	3 Qtrs
Increase (decrease) in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$7.17M	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$356.00K	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
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.03M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.47M	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`	$0.15	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
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$77.93M	USD	3 Qtrs
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$2.75M	USD	3 Qtrs
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$33.55M	USD	3 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.33M	USD	3 Qtrs
Net income	`ProfitLoss`	$17.08M	USD	1 Quarter
Net income	`ProfitLoss`	$132.32M	USD	3 Qtrs
Net income	`ProfitLoss`	$106.38M	USD	3 Qtrs
Net income	`ProfitLoss`	$39.43M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	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.