10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-008598`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	sho-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 107 Cash Flow Statement 101 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`	$488.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$650.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$466.52M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$68.79M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.55M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.22M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.33M	USD	Point-in-time
Inventories	`InventoryNet`	$1.05M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$11.79M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.46M	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`	$33.31M	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`	$728.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$809.97M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	225.32M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	228.25M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	228.25M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.07B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	225.32M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.11B	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$1.30M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$524.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$34.49M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$22.32M	USD	Point-in-time
Total assets	`Assets`	$3.86B	USD	Point-in-time
Total assets	`Assets`	$3.92B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$34.84M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$31.81M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.69M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.20M	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`	$47.39M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.50M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$5.48M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$5.91M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$189.00K	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.56M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$977.28M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$972.81M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$26.96M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$26.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$28.99M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$30.98M	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, 228,247,062 shares issued and outstanding at September 30, 2018 and 225,321,660 shares issued and outstanding at December 31, 2017	`CommonStockValue`	$2.28M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 228,247,062 shares issued and outstanding at September 30, 2018 and 225,321,660 shares issued and outstanding at December 31, 2017	`CommonStockValue`	$2.25M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.11B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$932.28M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.31B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.71B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.53B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$48.98M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$48.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.76B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.86B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.92B	USD	Point-in-time

Income Statement 107 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$903.45M	USD	3 Qtrs
Total revenues	`Revenues`	$878.20M	USD	3 Qtrs
Total revenues	`Revenues`	$303.91M	USD	1 Quarter
Total revenues	`Revenues`	$289.31M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$14.95M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$41.81M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$44.81M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$13.59M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$32.48M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$12.88M	USD	1 Quarter
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$34.65M	USD	3 Qtrs
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$10.53M	USD	1 Quarter
Utilities	`CostOfOtherPropertyOperatingExpense`	$22.84M	USD	3 Qtrs
Utilities	`CostOfOtherPropertyOperatingExpense`	$8.33M	USD	1 Quarter
Utilities	`CostOfOtherPropertyOperatingExpense`	$8.08M	USD	1 Quarter
Utilities	`CostOfOtherPropertyOperatingExpense`	$22.53M	USD	3 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$26.98M	USD	3 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$9.17M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$9.43M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$27.37M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$21.40M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.37M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$63.48M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$63.66M	USD	3 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$101.00M	USD	3 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$105.02M	USD	3 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$34.51M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$31.58M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$22.06M	USD	3 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.23M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.36M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$21.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$110.18M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$39.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$120.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$36.16M	USD	1 Quarter
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$241.22M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$797.39M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$741.82M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$290.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.06M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$136.38M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$48.09M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$1.03M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$2.60M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$2.59M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$7.05M	USD	3 Qtrs
Interest expense	`InterestExpense`	$17.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$31.61M	USD	3 Qtrs
Interest expense	`InterestExpense`	$11.55M	USD	1 Quarter
Interest expense	`InterestExpense`	$41.34M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$45.47M	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$68.79M	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$53.13M	USD	1 Quarter
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.26M	USD	1 Quarter
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.78M	USD	3 Qtrs
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.91M	USD	1 Quarter
Income (loss) before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$180.61M	USD	3 Qtrs
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$673.00K	USD	1 Quarter
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-692.00K	USD	3 Qtrs
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-12.54M	USD	3 Qtrs
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-12.99M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$181.30M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$10.08M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$91.59M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$125.32M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$7.00M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$7.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$132.32M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$17.08M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$91.59M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$181.30M	USD	3 Qtrs
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.19M	USD	3 Qtrs
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.38M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.17M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.34M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$9.62M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$9.62M	USD	3 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$164.49M	USD	3 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$86.00M	USD	1 Quarter
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$116.36M	USD	3 Qtrs
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$11.71M	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`	$0.73	USD	3 Qtrs
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`	$0.38	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.73	USD	3 Qtrs
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`	$0.38	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.05	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	227.07M	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`	225.54M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	221.14M	shares	3 Qtrs
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Distributions declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$132.32M	USD	3 Qtrs
Net income	`ProfitLoss`	$17.08M	USD	1 Quarter
Net income	`ProfitLoss`	$91.59M	USD	1 Quarter
Net income	`ProfitLoss`	$181.30M	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$682.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$503.00K	USD	3 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$68.74M	USD	3 Qtrs
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$52.74M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00K	USD	3 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-5.00M	USD	3 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-818.00K	USD	1 Quarter
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$4.88M	USD	3 Qtrs
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$4.53M	USD	1 Quarter
Depreciation	`Depreciation`	$118.07M	USD	3 Qtrs
Depreciation	`Depreciation`	$108.74M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$2.39M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$1.47M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.24M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$577.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.73M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$748.00K	USD	1 Quarter
Amortization of deferred stock compensation	`ShareBasedCompensation`	$6.94M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$6.19M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	3 Qtrs
Impairment loss	`ImpairmentOfRealEstate`	$34.43M	USD	1 Quarter
(Gain) loss on hurricane-related damage	`InsuredEventGainLoss`	$1.10M	USD	3 Qtrs
(Gain) loss on hurricane-related damage	`InsuredEventGainLoss`	$-201.00K	USD	3 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-13.63M	USD	3 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-1.10M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.45M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.54M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-73.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-71.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-750.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$6.93M	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`	$-4.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$219.54M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$230.38M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$150.17M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$231.08M	USD	3 Qtrs
Disposition deposit	`ProceedsFromDepositsOnRealEstateSales`	$3.00M	USD	3 Qtrs
Proceeds from property insurance	`UnusualOrInfrequentItemInsuranceProceeds`	$1.10M	USD	3 Qtrs
Acquisitions of hotel property and other assets	`PaymentsToAcquireRealEstate`	$173.92M	USD	3 Qtrs
Acquisitions of hotel property and other assets	`PaymentsToAcquireRealEstate`	$15.15M	USD	3 Qtrs
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$18.52M	USD	3 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$125.85M	USD	3 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$81.47M	USD	3 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$19.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-105.23M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$75.67M	USD	3 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$45.12M	USD	3 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$79.41M	USD	3 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$784.00K	USD	3 Qtrs
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.48M	USD	3 Qtrs
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.23M	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
Payments on notes payable	`RepaymentsOfDebt`	$183.80M	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$5.49M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$13.00K	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.00K	USD	3 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$163.00M	USD	3 Qtrs
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$148.54M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$6.33M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$6.64M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-135.03M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.54M	USD	3 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$160.17M	USD	3 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$100.61M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$538.07M	USD	Point-in-time
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`	$719.49M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$538.07M	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`	$719.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$488.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$650.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$466.52M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$68.79M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.55M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$538.07M	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`	$719.49M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$32.59M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$36.40M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$571.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$864.00K	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`	$592.00K	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$284.00K	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$356.00K	USD	3 Qtrs
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.47M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.62M	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`	$0.15	USD	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
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.76B	USD	Point-in-time
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$44.34M	USD	3 Qtrs
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$2.99M	USD	3 Qtrs
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$34.11M	USD	3 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$132.32M	USD	3 Qtrs
Net income	`ProfitLoss`	$17.08M	USD	1 Quarter
Net income	`ProfitLoss`	$91.59M	USD	1 Quarter
Net income	`ProfitLoss`	$181.30M	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.76B	USD	Point-in-time

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