10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-013086`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	sho-20200930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 89 Cash Flow Statement 100 Stockholders Equity 48

Balance Sheet 82 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`	$730.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$816.86M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$48.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$42.35M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$46.21M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$35.21M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$4.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$522.76M	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`	$913.73M	USD	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
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.62B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Finance lease right-of-use asset, net	`FinanceLeaseRightOfUseAsset`	$46.55M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	215.64M	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`	224.86M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	215.64M	shares	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
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$39.49M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$2.72M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$3.69M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$21.89M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$12.82M	USD	Point-in-time
Total assets	`Assets`	$3.25B	USD	Point-in-time
Total assets	`Assets`	$3.92B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$35.61M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$44.16M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$15.75M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$25.00M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$135.87M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$3.21M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.56M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$188.10M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$82.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$325.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$287.77M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$888.95M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$743.54M	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`	$45.94M	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`	$25.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30B	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, 215,635,550 shares issued and outstanding at September 30, 2020 and 224,855,351 shares issued and outstanding at December 31, 2019	`CommonStockValue`	$2.16M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 215,635,550 shares issued and outstanding at September 30, 2020 and 224,855,351 shares issued and outstanding at December 31, 2019	`CommonStockValue`	$2.25M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.58B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$951.76M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.64B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.62B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.09B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.57B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$46.23M	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$40.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	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`	$2.74B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	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`	$3.25B	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$28.91M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.64M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$842.22M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$230.55M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$41.00M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$13.29M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$3.90M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$20.45M	USD	3 Qtrs
Repairs and maintenance	`RepairsAndMaintenance`	$10.63M	USD	1 Quarter
Repairs and maintenance	`RepairsAndMaintenance`	$21.50M	USD	3 Qtrs
Repairs and maintenance	`RepairsAndMaintenance`	$6.08M	USD	1 Quarter
Repairs and maintenance	`RepairsAndMaintenance`	$31.11M	USD	3 Qtrs
Utilities	`UtilitiesExpense`	$7.46M	USD	1 Quarter
Utilities	`UtilitiesExpense`	$20.66M	USD	3 Qtrs
Utilities	`UtilitiesExpense`	$13.24M	USD	3 Qtrs
Utilities	`UtilitiesExpense`	$4.17M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$8.61M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$663.00K	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$24.02M	USD	3 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$6.34M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$62.84M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$59.98M	USD	3 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$21.88M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$20.80M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$47.11M	USD	3 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$30.91M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$9.53M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$97.77M	USD	3 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$22.41M	USD	3 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$6.58M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$7.39M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$22.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$110.48M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$104.29M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$37.57M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$33.01M	USD	1 Quarter
Impairment losses	`ImpairmentOfRealEstate`	$133.47M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$554.63M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$716.12M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$239.35M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$107.48M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$2.75M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$3.76M	USD	1 Quarter
Interest and other income	`OtherNonoperatingIncome`	$13.50M	USD	3 Qtrs
Interest and other income	`OtherNonoperatingIncome`	$139.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$43.40M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.74M	USD	1 Quarter
Interest expense	`InterestExpense`	$43.20M	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$189.00K	USD	3 Qtrs
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$189.00K	USD	1 Quarter
Loss on extinguishment of debt	`WriteOffOfDeferredDebtIssuanceCost`	$210.00K	USD	1 Quarter
Loss on extinguishment of debt	`WriteOffOfDeferredDebtIssuanceCost`	$210.00K	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$96.19M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-91.19M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-364.55M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.80M	USD	1 Quarter
Income tax benefit (provision), net	`IncomeTaxExpenseBenefit`	$-749.00K	USD	1 Quarter
Income tax benefit (provision), net	`IncomeTaxExpenseBenefit`	$-1.19M	USD	3 Qtrs
Income tax benefit (provision), net	`IncomeTaxExpenseBenefit`	$6.58M	USD	3 Qtrs
Income tax benefit (provision), net	`IncomeTaxExpenseBenefit`	$-83.00K	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-371.13M	USD	3 Qtrs
NET (LOSS) INCOME	`ProfitLoss`	$-91.11M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$45.92M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$17.92M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$97.38M	USD	3 Qtrs
NET (LOSS) INCOME	`ProfitLoss`	$33.55M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-162.52M	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-117.50M	USD	1 Quarter
Loss (income) from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.44M	USD	3 Qtrs
Loss (income) from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.82M	USD	1 Quarter
Loss (income) from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.51M	USD	1 Quarter
Loss (income) from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.06M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.21M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$9.62M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$9.62M	USD	3 Qtrs
(LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-92.50M	USD	1 Quarter
(LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$27.83M	USD	1 Quarter
(LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$81.69M	USD	3 Qtrs
(LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-376.31M	USD	3 Qtrs
Basic and diluted (loss) income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.36	USD	3 Qtrs
Basic and diluted (loss) income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.74	USD	3 Qtrs
Basic and diluted (loss) income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.12	USD	1 Quarter
Basic and diluted (loss) income attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.43	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	226.37M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	224.53M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	214.26M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	216.50M	shares	3 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-371.13M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-91.11M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$45.92M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$17.92M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$97.38M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$33.55M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-162.52M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-117.50M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$305.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$405.00K	USD	3 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$189.00K	USD	3 Qtrs
Loss on extinguishment of debt	`WriteOffOfDeferredDebtIssuanceCost`	$210.00K	USD	1 Quarter
Loss on extinguishment of debt	`WriteOffOfDeferredDebtIssuanceCost`	$210.00K	USD	3 Qtrs
Noncash interest on derivatives and finance lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$6.91M	USD	3 Qtrs
Noncash interest on derivatives and finance lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-762.00K	USD	1 Quarter
Noncash interest on derivatives and finance lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$5.53M	USD	3 Qtrs
Noncash interest on derivatives and finance lease obligations, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$1.16M	USD	1 Quarter
Depreciation	`Depreciation`	$104.26M	USD	3 Qtrs
Depreciation	`Depreciation`	$110.42M	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$31.00K	USD	3 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$68.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$892.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$698.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.29M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.09M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$7.51M	USD	3 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$7.17M	USD	3 Qtrs
Impairment losses	`ImpairmentOfRealEstate`	$133.47M	USD	3 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$7.42M	USD	3 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-246.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-30.17M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.74M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-75.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$2.92M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$2.45M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.26M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.04M	USD	3 Qtrs
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-923.00K	USD	3 Qtrs
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-523.00K	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$210.63M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-87.31M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$76.86M	USD	3 Qtrs
Acquisition of hotel property	`PaymentsToAcquireCommercialRealEstate`	$193.00K	USD	3 Qtrs
Acquisition of hotel property	`PaymentsToAcquireCommercialRealEstate`	$1.30M	USD	3 Qtrs
Acquisition of intangible asset	`PaymentsToAcquireIntangibleAssets`	$102.00K	USD	3 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$75.28M	USD	3 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$44.04M	USD	3 Qtrs
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$111.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-75.47M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$31.30M	USD	3 Qtrs
Repurchases of outstanding common stock	`PaymentsForRepurchaseOfCommonStock`	$103.89M	USD	3 Qtrs
Repurchases of outstanding common stock	`PaymentsForRepurchaseOfCommonStock`	$50.00M	USD	3 Qtrs
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.99M	USD	3 Qtrs
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.43M	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$300.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$300.00M	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$5.77M	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$40.19M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$2.70M	USD	3 Qtrs
Dividends and distributions paid	`PaymentsOfDividends`	$153.06M	USD	3 Qtrs
Dividends and distributions paid	`PaymentsOfDividends`	$155.72M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsToMinorityShareholders`	$5.36M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsToMinorityShareholders`	$2.00M	USD	3 Qtrs
Contribution from noncontrolling interest	`ProceedsFromMinorityShareholders`	$500.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-221.28M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-305.34M	USD	3 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-86.12M	USD	3 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-361.34M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.25M	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`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.25M	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`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$730.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$816.86M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$48.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$42.35M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$46.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.25M	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`	$862.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.25M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$34.12M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$36.70M	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaid`	$354.00K	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaid`	$18.00K	USD	3 Qtrs
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$8.15M	USD	3 Qtrs
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$7.20M	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$376.00K	USD	3 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$304.00K	USD	3 Qtrs
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.21M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$14.45M	USD	Point-in-time

Stockholders Equity 48 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
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`	$2.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.74B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.25M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$3.00M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.37M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$3.19M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.22M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.32M	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`	$11.41M	USD	1 Quarter
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$11.24M	USD	1 Quarter
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$11.43M	USD	1 Quarter
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$10.78M	USD	1 Quarter
Contribution from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$500.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$788.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.95M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.62M	USD	1 Quarter
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$44.27M	USD	1 Quarter
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$5.74M	USD	1 Quarter
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$103.89M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-371.13M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-91.11M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$45.92M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$17.92M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$97.38M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$33.55M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-162.52M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-117.50M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.74B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	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.