10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-006184`
Period End Date	20200331
Filing Date	20200511
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	sho-20200511x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 41 Cash Flow Statement 77 Stockholders Equity 21

Balance Sheet 78 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`	$684.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$816.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$847.45M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$48.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.75M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$53.48M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$35.21M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$23.13M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$913.73M	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
Total current assets	`AssetsCurrent`	$938.26M	USD	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.76B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.87B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	224.86M	shares	Point-in-time
Finance lease right-of-use asset, net	`FinanceLeaseRightOfUseAsset`	$47.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	215.54M	shares	Point-in-time
Finance lease right-of-use asset, net	`FinanceLeaseRightOfUseAsset`	$47.28M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$41.20M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	224.86M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$60.63M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	215.54M	shares	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$2.72M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$2.51M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$13.88M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$21.89M	USD	Point-in-time
Total assets	`Assets`	$3.92B	USD	Point-in-time
Total assets	`Assets`	$3.80B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$39.07M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$35.61M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$25.00M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.14M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$135.87M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$13.98M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$33.83M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$82.19M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$82.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$186.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$325.55M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$888.95M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$1.19B	USD	Point-in-time
Finance lease obligation, less current portion	`FinanceLeaseLiabilityNoncurrent`	$15.57M	USD	Point-in-time
Finance lease obligation, less current portion	`FinanceLeaseLiabilityNoncurrent`	$15.57M	USD	Point-in-time
Operating lease obligations, less current portion	`OperatingLeaseLiabilityNoncurrent`	$48.46M	USD	Point-in-time
Operating lease obligations, less current portion	`OperatingLeaseLiabilityNoncurrent`	$49.69M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$18.14M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$24.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.46B	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, 215,541,134 shares issued and outstanding at March 31, 2020 and 224,855,351 shares issued and outstanding at December 31, 2019	`CommonStockValue`	$2.25M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 215,541,134 shares issued and outstanding at March 31, 2020 and 224,855,351 shares issued and outstanding at December 31, 2019	`CommonStockValue`	$2.15M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.58B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.16B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.32B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.62B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.63B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.29B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$46.23M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$43.77M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.92B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.80B	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$191.21M	USD	1 Quarter
Total revenues	`Revenues`	$257.68M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$13.56M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$12.46M	USD	1 Quarter
Repairs and maintenance	`RepairsAndMaintenance`	$10.05M	USD	1 Quarter
Repairs and maintenance	`RepairsAndMaintenance`	$10.28M	USD	1 Quarter
Utilities	`UtilitiesExpense`	$5.84M	USD	1 Quarter
Utilities	`UtilitiesExpense`	$6.67M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$5.34M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$6.84M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.35M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.05M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$28.84M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$32.84M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.39M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.39M	USD	1 Quarter
Impairment losses	`ImpairmentOfRealEstate`	$115.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$331.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$233.47M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$2.31M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$4.92M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.51M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.33M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.80M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-155.85M	USD	1 Quarter
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$6.67M	USD	1 Quarter
Income tax (provision) benefit, net	`IncomeTaxExpenseBenefit`	$-3.11M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-162.52M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$17.92M	USD	1 Quarter
Loss (income) from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.60M	USD	1 Quarter
Loss (income) from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-458.00K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
(LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-165.27M	USD	1 Quarter
(LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$13.11M	USD	1 Quarter
Basic and diluted (loss) income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.75	USD	1 Quarter
Basic and diluted (loss) income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.06	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	221.04M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	227.22M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-162.52M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$17.92M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$318.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$180.00K	USD	1 Quarter
Noncash interest on derivatives and finance lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$6.08M	USD	1 Quarter
Noncash interest on derivatives and finance lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$2.12M	USD	1 Quarter
Depreciation	`Depreciation`	$36.34M	USD	1 Quarter
Depreciation	`Depreciation`	$36.74M	USD	1 Quarter
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$42.00K	USD	1 Quarter
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$10.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$699.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$698.00K	USD	1 Quarter
Amortization of deferred stock compensation	`ShareBasedCompensation`	$2.21M	USD	1 Quarter
Amortization of deferred stock compensation	`ShareBasedCompensation`	$2.12M	USD	1 Quarter
Impairment losses	`ImpairmentOfRealEstate`	$115.37M	USD	1 Quarter
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-3.28M	USD	1 Quarter
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$7.42M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.64M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.76M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.13M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$247.00K	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-12.23M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-5.84M	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.94M	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.86M	USD	1 Quarter
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-261.00K	USD	1 Quarter
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-19.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.57M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.52M	USD	1 Quarter
Disposition deposit	`ProceedsFromDepositsOnRealEstateSales`	$3.50M	USD	1 Quarter
Acquisition of hotel property	`PaymentsToAcquireCommercialRealEstate`	$346.00K	USD	1 Quarter
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$24.52M	USD	1 Quarter
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$17.02M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.52M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.86M	USD	1 Quarter
Repurchases of outstanding common stock	`PaymentsForRepurchaseOfCommonStock`	$103.89M	USD	1 Quarter
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.43M	USD	1 Quarter
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.99M	USD	1 Quarter
Proceeds from credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$300.00M	USD	1 Quarter
Payments on notes payable	`RepaymentsOfDebt`	$1.90M	USD	1 Quarter
Payments on notes payable	`RepaymentsOfDebt`	$1.83M	USD	1 Quarter
Dividends and distributions paid	`PaymentsOfDividends`	$135.87M	USD	1 Quarter
Dividends and distributions paid	`PaymentsOfDividends`	$126.46M	USD	1 Quarter
Distributions to noncontrolling interest	`PaymentsToMinorityShareholders`	$2.00M	USD	1 Quarter
Distributions to noncontrolling interest	`PaymentsToMinorityShareholders`	$1.95M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-134.68M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$52.34M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$35.96M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-127.63M	USD	1 Quarter
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$864.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$900.93M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$734.74M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$864.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$900.93M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$734.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$684.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$816.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$847.45M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$48.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.75M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$53.48M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$864.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$900.93M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$734.74M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.29M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$13.09M	USD	1 Quarter
Cash paid for income taxes, net	`IncomeTaxesPaid`	$77.00K	USD	1 Quarter
Cash paid for income taxes, net	`IncomeTaxesPaid`	$137.00K	USD	1 Quarter
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$11.64M	USD	1 Quarter
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$9.38M	USD	1 Quarter
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$99.00K	USD	1 Quarter
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$117.00K	USD	1 Quarter
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$13.98M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.64M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.32M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.22M	USD	1 Quarter
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-4.43M	USD	1 Quarter
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-3.99M	USD	1 Quarter
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$10.78M	USD	1 Quarter
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$11.43M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.95M	USD	1 Quarter
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$103.89M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-162.52M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$17.92M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time

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