10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-006052`
Period End Date	20180630
Filing Date	20180801
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	sho-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 94 Cash Flow Statement 97 Stockholders Equity 16

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`	$597.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$544.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$488.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$66.42M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$74.99M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.22M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$46.54M	USD	Point-in-time
Inventories	`InventoryNet`	$1.22M	USD	Point-in-time
Inventories	`InventoryNet`	$1.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.46M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.29M	USD	Point-in-time
Assets held for sale, net	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$42.39M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Assets held for sale, net	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$122.81M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$721.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$728.12M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	228.25M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	225.32M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	225.32M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	228.25M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.11B	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.09B	USD	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$785.00K	USD	Point-in-time
Deferred financing fees, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$1.30M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$22.32M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$34.32M	USD	Point-in-time
Total assets	`Assets`	$3.86B	USD	Point-in-time
Total assets	`Assets`	$3.85B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$31.81M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$37.49M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.78M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.69M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$133.89M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$14.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.66M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$5.48M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$5.65M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.06M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$189.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.27M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$974.31M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$977.28M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$26.80M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$26.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$30.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$28.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28B	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, 228,254,255 shares issued and outstanding at June 30, 2018 and 225,321,660 shares issued and outstanding at December 31, 2017	`CommonStockValue`	$2.25M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 228,254,255 shares issued and outstanding at June 30, 2018 and 225,321,660 shares issued and outstanding at December 31, 2017	`CommonStockValue`	$2.28M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$932.28M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.27B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.30B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.53B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.63B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$48.44M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$50.61M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.86B	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$599.54M	USD	2 Qtrs
Total revenues	`Revenues`	$318.80M	USD	1 Quarter
Total revenues	`Revenues`	$317.45M	USD	1 Quarter
Total revenues	`Revenues`	$588.89M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$14.91M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$14.32M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$29.86M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$28.22M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$21.95M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$21.76M	USD	2 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$10.80M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$10.85M	USD	1 Quarter
Utilities	`CostOfOtherPropertyOperatingExpense`	$7.29M	USD	1 Quarter
Utilities	`CostOfOtherPropertyOperatingExpense`	$14.45M	USD	2 Qtrs
Utilities	`CostOfOtherPropertyOperatingExpense`	$6.97M	USD	1 Quarter
Utilities	`CostOfOtherPropertyOperatingExpense`	$14.51M	USD	2 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$9.96M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$9.88M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$17.81M	USD	2 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$17.94M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$21.51M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.79M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$43.29M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$42.08M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$35.52M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$70.50M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$69.42M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$35.77M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.57M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$14.70M	USD	2 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.59M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$14.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$37.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$39.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$74.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$80.33M	USD	2 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	2 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$500.60M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$256.09M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$255.59M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$506.55M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$62.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$88.30M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$92.98M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$61.85M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$2.97M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$849.00K	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$4.46M	USD	2 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$1.57M	USD	2 Qtrs
Interest expense	`InterestExpense`	$24.33M	USD	2 Qtrs
Interest expense	`InterestExpense`	$13.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.18M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.06M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	2 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$45.47M	USD	2 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$15.66M	USD	2 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$1.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.35M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.69M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.64M	USD	1 Quarter
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-1.36M	USD	2 Qtrs
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$242.00K	USD	1 Quarter
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$450.00K	USD	2 Qtrs
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$2.38M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$51.26M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$115.24M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$51.41M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$89.72M	USD	2 Qtrs
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`	$2.37M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.81M	USD	2 Qtrs
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.17M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$6.41M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$6.41M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$46.02M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$104.65M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$45.68M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$78.49M	USD	2 Qtrs
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.20	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.35	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 income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.47	USD	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`	225.23M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	224.76M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	219.61M	shares	2 Qtrs
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$51.26M	USD	1 Quarter
Net income	`ProfitLoss`	$115.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$51.41M	USD	1 Quarter
Net income	`ProfitLoss`	$89.72M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$489.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$310.00K	USD	2 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$15.66M	USD	2 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$45.75M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	2 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$349.00K	USD	2 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-1.04M	USD	1 Quarter
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$1.01M	USD	1 Quarter
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-4.18M	USD	2 Qtrs
Depreciation	`Depreciation`	$72.69M	USD	2 Qtrs
Depreciation	`Depreciation`	$79.03M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$1.62M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$1.46M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.49M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$745.00K	USD	1 Quarter
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 stock compensation	`ShareBasedCompensation`	$4.87M	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$4.34M	USD	2 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	2 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	1 Quarter
Gain on hurricane-related damage	`InsuredEventGainLoss`	$1.10M	USD	2 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-1.82M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.84M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.29M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-22.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$53.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$250.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.80M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$3.40M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$12.25M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.42M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.75M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$150.27M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$143.25M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$150.16M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$137.04M	USD	2 Qtrs
Proceeds from property insurance	`UnusualOrInfrequentItemInsuranceProceeds`	$1.10M	USD	2 Qtrs
Acquisition deposits	`PaymentsForDepositsOnRealEstateAcquisitions`	$500.00K	USD	2 Qtrs
Acquisition deposits	`PaymentsForDepositsOnRealEstateAcquisitions`	$7.00M	USD	2 Qtrs
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$18.48M	USD	2 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$59.50M	USD	2 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$87.14M	USD	2 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$19.00K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$83.64M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$32.01M	USD	2 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$45.12M	USD	2 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$76.22M	USD	2 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$784.00K	USD	2 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.43M	USD	2 Qtrs
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.23M	USD	2 Qtrs
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.79M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$240.00M	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$3.76M	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$181.19M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$13.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.00K	USD	2 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$134.07M	USD	2 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$148.38M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$3.36M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.64M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-114.69M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.64M	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$60.58M	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$226.27M	USD	2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$559.31M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$619.89M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$663.73M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$559.31M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$619.89M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$663.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$597.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$544.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$488.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$66.42M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$74.99M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$559.31M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$619.89M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$663.73M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$22.14M	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`	$242.00K	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`	$175.00K	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$309.00K	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$214.00K	USD	2 Qtrs
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.62M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.46M	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`	$0.10	USD	2 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`	$0.10	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$44.34M	USD	2 Qtrs
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$847.00K	USD	2 Qtrs
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$22.69M	USD	2 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.64M	USD	2 Qtrs
Net income	`ProfitLoss`	$51.26M	USD	1 Quarter
Net income	`ProfitLoss`	$115.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$51.41M	USD	1 Quarter
Net income	`ProfitLoss`	$89.72M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time

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