10-K Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001558370-19-000674`
Period End Date	20181231
Filing Date	20190214
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	sho-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 111 Cash Flow Statement 148 Stockholders Equity 38

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`	$809.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$488.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$369.54M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$53.05M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$67.92M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.22M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$33.84M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$1.32M	USD	Point-in-time
Inventories	`InventoryNet`	$1.08M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$11.18M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.46M	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 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`	228.25M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$908.47M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	225.32M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$728.12M	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.03B	USD	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`	$3.54M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$22.32M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$29.82M	USD	Point-in-time
Total assets	`Assets`	$3.86B	USD	Point-in-time
Total assets	`Assets`	$3.97B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$30.43M	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`	$25.04M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$126.46M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$133.89M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.96M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$5.84M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$5.48M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$189.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$232.72M	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`	$971.23M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$26.80M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$27.01M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$28.99M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$30.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 228,246,247 shares issued and outstanding at December 31, 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, 228,246,247 shares issued and outstanding at December 31, 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`	$2.73B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$932.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.18B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.27B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.44B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.53B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.66B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$48.44M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$47.69M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.86B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.97B	USD	Point-in-time

Income Statement 111 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$1.19B	USD	Annual
Total revenues	`Revenues`	$280.74M	USD	1 Quarter
Total revenues	`Revenues`	$289.31M	USD	1 Quarter
Total revenues	`Revenues`	$318.80M	USD	1 Quarter
Total revenues	`Revenues`	$271.45M	USD	1 Quarter
Total revenues	`Revenues`	$317.45M	USD	1 Quarter
Total revenues	`Revenues`	$1.16B	USD	Annual
Total revenues	`Revenues`	$290.19M	USD	1 Quarter
Total revenues	`Revenues`	$280.85M	USD	1 Quarter
Total revenues	`Revenues`	$303.91M	USD	1 Quarter
Total revenues	`Revenues`	$1.19B	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$60.09M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$55.52M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$58.57M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$44.31M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$46.30M	USD	Annual
Repairs and maintenance	`CostOfPropertyRepairsAndMaintenance`	$43.11M	USD	Annual
Utilities	`CostOfOtherPropertyOperatingExpense`	$29.32M	USD	Annual
Utilities	`CostOfOtherPropertyOperatingExpense`	$30.42M	USD	Annual
Utilities	`CostOfOtherPropertyOperatingExpense`	$30.42M	USD	Annual
Franchise costs	`CostsOfFranchisedOutlets`	$35.42M	USD	Annual
Franchise costs	`CostsOfFranchisedOutlets`	$36.65M	USD	Annual
Franchise costs	`CostsOfFranchisedOutlets`	$36.68M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$83.72M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$82.98M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$82.41M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$138.53M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$132.42M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$142.74M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$28.82M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$25.99M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$30.25M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$158.63M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$146.45M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$163.02M	USD	Annual
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	Annual
Impairment loss	`ImpairmentOfRealEstate`	$40.05M	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.02B	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.05B	USD	Annual
Total operating expenses	`OperatingExpenses`	$977.16M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$18.41M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$45.47M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$116.96M	USD	Annual
Operating income	`OperatingIncomeLoss`	$34.95M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$298.85M	USD	Annual
Operating income	`OperatingIncomeLoss`	$62.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$30.28M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$188.83M	USD	Annual
Operating income	`OperatingIncomeLoss`	$61.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$186.48M	USD	Annual
Operating income	`OperatingIncomeLoss`	$26.44M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$1.80M	USD	Annual
Interest and other income	`OtherNonoperatingIncome`	$4.34M	USD	Annual
Interest and other income	`OtherNonoperatingIncome`	$10.50M	USD	Annual
Interest expense	`InterestExpense`	$50.28M	USD	Annual
Interest expense	`InterestExpense`	$51.77M	USD	Annual
Interest expense	`InterestExpense`	$47.69M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-284.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-835.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-824.00K	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$260.83M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.06M	USD	Annual
Income before income taxes and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$138.23M	USD	Annual
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-7.78M	USD	Annual
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-616.00K	USD	Annual
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$1.77M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$146.00M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$140.68M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$259.06M	USD	Annual
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$7.00M	USD	Annual
NET INCOME	`ProfitLoss`	$259.06M	USD	Annual
NET INCOME	`ProfitLoss`	$91.59M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$38.45M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$20.68M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$153.00M	USD	Annual
NET INCOME	`ProfitLoss`	$77.76M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$140.68M	USD	Annual
NET INCOME	`ProfitLoss`	$51.26M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$17.08M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$51.41M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$63.83M	USD	1 Quarter
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.61M	USD	Annual
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.48M	USD	Annual
Income from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.63M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$12.83M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$12.83M	USD	Annual
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$15.96M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$237.62M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$118.23M	USD	Annual
INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$132.55M	USD	Annual
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.56	USD	Annual
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$1.05	USD	Annual
Income from continuing operations attributable to common stockholders (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.55	USD	Annual
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.03	USD	Annual
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`	$1.05	USD	Annual
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.07	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 income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.55	USD	Annual
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.15	USD	1 Quarter
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`	$0.32	USD	1 Quarter
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.59	USD	Annual
Basic and diluted income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.27	USD	1 Quarter
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`	214.97M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	221.90M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	225.92M	shares	Annual

Cash Flow Statement 148 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$259.06M	USD	Annual
Net income	`ProfitLoss`	$91.59M	USD	1 Quarter
Net income	`ProfitLoss`	$38.45M	USD	1 Quarter
Net income	`ProfitLoss`	$20.68M	USD	1 Quarter
Net income	`ProfitLoss`	$153.00M	USD	Annual
Net income	`ProfitLoss`	$77.76M	USD	1 Quarter
Net income	`ProfitLoss`	$140.68M	USD	Annual
Net income	`ProfitLoss`	$51.26M	USD	1 Quarter
Net income	`ProfitLoss`	$17.08M	USD	1 Quarter
Net income	`ProfitLoss`	$51.41M	USD	1 Quarter
Net income	`ProfitLoss`	$63.83M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$730.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$815.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$618.00K	USD	Annual
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$52.75M	USD	Annual
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$116.92M	USD	Annual
Gain on sale of assets, net	`GainLossOnDispositionOfAssets1`	$18.42M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-284.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-835.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-824.00K	USD	Annual
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$3.11M	USD	Annual
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-1.19M	USD	Annual
Noncash interest on derivatives and capital lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-1.43M	USD	Annual
Depreciation	`Depreciation`	$144.96M	USD	Annual
Depreciation	`Depreciation`	$159.92M	USD	Annual
Depreciation	`Depreciation`	$155.96M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$1.58M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$3.14M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$3.74M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.41M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.95M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.20M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$7.16M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$8.04M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$9.01M	USD	Annual
Impairment loss	`ImpairmentOfRealEstate`	$1.39M	USD	Annual
Impairment loss	`ImpairmentOfRealEstate`	$40.05M	USD	Annual
(Gain) loss on hurricane-related damage	`InsuredEventGainLoss`	$1.10M	USD	Annual
(Gain) loss on hurricane-related damage	`InsuredEventGainLoss`	$-201.00K	USD	Annual
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$1.13M	USD	Annual
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-9.23M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.17M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.40M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-905.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$16.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-40.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-117.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.82M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-72.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-977.00K	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$476.00K	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-822.00K	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$3.32M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.65M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-54.00K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$784.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$306.79M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$287.79M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$305.29M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$150.22M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$348.03M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$41.59M	USD	Annual
Disposition deposit	`ProceedsFromDepositsOnRealEstateSales`	$250.00K	USD	Annual
Proceeds From property insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$1.10M	USD	Annual
Acquisitions of hotel property and other assets, net	`PaymentsToAcquireRealEstate`	$15.15M	USD	Annual
Acquisitions of hotel property and other assets, net	`PaymentsToAcquireRealEstate`	$173.73M	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.45M	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$18.54M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$159.08M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$182.19M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$115.10M	USD	Annual
Payment for interest rate derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	$125.00K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-138.74M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$156.37M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.79M	USD	Annual
Proceeds from preferred stock offerings	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$190.00M	USD	Annual
Payment of preferred stock offering costs	`PaymentOfFinancingAndStockIssuanceCosts`	$6.64M	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$115.00M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$55.13M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$79.41M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$45.12M	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.48M	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$784.00K	USD	Annual
Payment of common stock offering costs	`PaymentsOfStockIssuanceCosts`	$941.00K	USD	Annual
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.23M	USD	Annual
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.79M	USD	Annual
Repurchase of common stock for employee withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.64M	USD	Annual
Proceeds from notes payable and debt restructuring	`ProceedsFromIssuanceOfDebt`	$65.00M	USD	Annual
Proceeds from notes payable and debt restructuring	`ProceedsFromIssuanceOfDebt`	$460.00M	USD	Annual
Proceeds from notes payable and debt restructuring	`ProceedsFromIssuanceOfDebt`	$100.00M	USD	Annual
Payments on notes payable and debt restructuring	`RepaymentsOfDebt`	$265.54M	USD	Annual
Payments on notes payable and debt restructuring	`RepaymentsOfDebt`	$72.57M	USD	Annual
Payments on notes payable and debt restructuring	`RepaymentsOfDebt`	$405.54M	USD	Annual
Payments of costs related to extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$131.00K	USD	Annual
Payments of costs related to extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$1.00K	USD	Annual
Payments of costs related to extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$173.00K	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$3.54M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.76M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.01M	USD	Annual
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$163.01M	USD	Annual
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$227.49M	USD	Annual
Dividends and distributions paid	`PaymentsOfOrdinaryDividends`	$177.62M	USD	Annual
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$9.37M	USD	Annual
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$8.25M	USD	Annual
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$7.74M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.20M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-282.78M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-158.60M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-137.79M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$303.06M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$121.85M	USD	Annual
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$559.31M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$575.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$559.31M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$575.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$809.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$488.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$369.54M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$71.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$53.05M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$67.92M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$559.31M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$575.25M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$50.11M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$40.99M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$44.80M	USD	Annual
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$1.24M	USD	Annual
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$693.00K	USD	Annual
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$1.43M	USD	Annual
(Decrease) increase in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$-2.51M	USD	Annual
(Decrease) increase in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$-3.18M	USD	Annual
(Decrease) increase in accounts payable related to renovations and additions to hotel properties and other assets	`ChangeInCapitalExpendituresIncurredButNotYetPaid`	$6.43M	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$376.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$472.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$591.00K	USD	Annual
Increase in unsecured term loans due to debt restructuring	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$50.00M	USD	Annual
Decrease in unsecured term loans due to debt restructuring	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$50.00M	USD	Annual
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	$4.05M	USD	Annual
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$78.82M	USD	Annual
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$119.85M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$126.46M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$133.89M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Issuance of common stock distributions per share (in dollars per share)	`CommonStockStockDividendsPerSharePaid`	$1.26	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.73	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$7.43M	USD	Annual
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$5.15M	USD	Annual
Deferred stock compensation, net	`DeferredCompensationArrangementWithIndividualFairValueOfSharesIssuedNetOfSharesAcquiredToSettleTaxObligations`	$4.72M	USD	Annual
Issuance of common stock distributions	`StockIssuedDuringPeriodValueStockDividend`	$78.82M	USD	Annual
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$157.36M	USD	Annual
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$164.23M	USD	Annual
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$149.12M	USD	Annual
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.37M	USD	Annual
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.25M	USD	Annual
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$7.74M	USD	Annual
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$54.19M	USD	Annual
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$44.34M	USD	Annual
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$77.93M	USD	Annual
Net proceeds from sales of preferred stock	`StockIssuedDuringPeriodValueOther`	$183.36M	USD	Annual
Redemption of preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$115.00M	USD	Annual
Net income	`ProfitLoss`	$259.06M	USD	Annual
Net income	`ProfitLoss`	$91.59M	USD	1 Quarter
Net income	`ProfitLoss`	$38.45M	USD	1 Quarter
Net income	`ProfitLoss`	$20.68M	USD	1 Quarter
Net income	`ProfitLoss`	$153.00M	USD	Annual
Net income	`ProfitLoss`	$77.76M	USD	1 Quarter
Net income	`ProfitLoss`	$140.68M	USD	Annual
Net income	`ProfitLoss`	$51.26M	USD	1 Quarter
Net income	`ProfitLoss`	$17.08M	USD	1 Quarter
Net income	`ProfitLoss`	$51.41M	USD	1 Quarter
Net income	`ProfitLoss`	$63.83M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time

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