10-Q Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-011810`
Period End Date	20220630
Filing Date	20220803
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	sho-20220630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 95 Cash Flow Statement 102 Stockholders Equity 32

Balance Sheet 77 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`	$107.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$120.48M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$42.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$47.49M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$45.61M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$28.73M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$42.15M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.14M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Assets held for sale, net	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$76.31M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$209.23M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$282.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	212.45M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.85B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	219.33M	shares	Point-in-time
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.72B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$23.16M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$18.88M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	212.45M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	219.33M	shares	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$1.41M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$2.58M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.31M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$13.20M	USD	Point-in-time
Total assets	`Assets`	$3.04B	USD	Point-in-time
Total assets	`Assets`	$3.09B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$63.45M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$47.70M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$18.72M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.75M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$4.36M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.51M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$63.72M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$58.88M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$20.69M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$1.65M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$25.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$151.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.76M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$802.38M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$588.74M	USD	Point-in-time
Operating lease obligations, less current portion	`OperatingLeaseLiabilityNoncurrent`	$25.12M	USD	Point-in-time
Operating lease obligations, less current portion	`OperatingLeaseLiabilityNoncurrent`	$19.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.66M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$801.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$983.18M	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, 212,450,788 shares issued and outstanding at June 30, 2022 and 219,333,783 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$2.19M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 212,450,788 shares issued and outstanding at June 30, 2022 and 219,333,783 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$2.12M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.49B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.63B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$948.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$997.40M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.67B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.66B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.10B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.20B	USD	Point-in-time
Noncontrolling interest in consolidated joint venture	`MinorityInterest`	$40.81M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.24B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.09B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.04B	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$167.84M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$251.28M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$423.60M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$117.21M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$11.62M	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$11.92M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$22.09M	USD	2 Qtrs
Advertising and promotion	`AdvertisingExpense`	$7.04M	USD	1 Quarter
Repairs and maintenance	`RepairsAndMaintenance`	$17.99M	USD	2 Qtrs
Repairs and maintenance	`RepairsAndMaintenance`	$12.68M	USD	2 Qtrs
Repairs and maintenance	`RepairsAndMaintenance`	$7.13M	USD	1 Quarter
Repairs and maintenance	`RepairsAndMaintenance`	$8.27M	USD	1 Quarter
Utilities	`UtilitiesExpense`	$6.24M	USD	1 Quarter
Utilities	`UtilitiesExpense`	$4.68M	USD	1 Quarter
Utilities	`UtilitiesExpense`	$11.94M	USD	2 Qtrs
Utilities	`UtilitiesExpense`	$8.83M	USD	2 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$4.28M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$7.28M	USD	2 Qtrs
Franchise costs	`CostsOfFranchisedOutlets`	$2.30M	USD	1 Quarter
Franchise costs	`CostsOfFranchisedOutlets`	$3.29M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$17.45M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$15.63M	USD	1 Quarter
Property tax, ground lease and insurance	`OccupancyNet`	$33.45M	USD	2 Qtrs
Property tax, ground lease and insurance	`OccupancyNet`	$30.29M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$26.54M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$54.30M	USD	2 Qtrs
Other property-level expenses	`OtherCostAndExpenseOperating`	$30.39M	USD	1 Quarter
Other property-level expenses	`OtherCostAndExpenseOperating`	$16.07M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$16.64M	USD	2 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$8.72M	USD	1 Quarter
Corporate overhead	`GeneralAndAdministrativeExpense`	$19.43M	USD	2 Qtrs
Corporate overhead	`GeneralAndAdministrativeExpense`	$9.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$63.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$30.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$62.25M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$207.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$235.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$137.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$386.85M	USD	2 Qtrs
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$116.00K	USD	1 Quarter
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$4.50M	USD	2 Qtrs
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$-358.00K	USD	2 Qtrs
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$21.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$15.71M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.94M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.02M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.06M	USD	1 Quarter
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$22.95M	USD	2 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-192.00K	USD	2 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$88.00K	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$21.00K	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$310.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.89M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.72M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.98M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.14M	USD	2 Qtrs
Income tax provision, net	`IncomeTaxExpenseBenefit`	$164.00K	USD	2 Qtrs
Income tax provision, net	`IncomeTaxExpenseBenefit`	$23.00K	USD	1 Quarter
Income tax provision, net	`IncomeTaxExpenseBenefit`	$28.00K	USD	1 Quarter
Income tax provision, net	`IncomeTaxExpenseBenefit`	$66.00K	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$15.12M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$37.69M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-83.20M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-27.92M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-55.29M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$52.81M	USD	2 Qtrs
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.57M	USD	2 Qtrs
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.34M	USD	1 Quarter
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-596.00K	USD	1 Quarter
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.48M	USD	2 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$11.00M	USD	2 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$3.77M	USD	1 Quarter
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$7.55M	USD	2 Qtrs
Preferred stock dividends and redemption charge	`PreferredStockDividendsAndOtherAdjustments`	$7.79M	USD	1 Quarter
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-91.64M	USD	2 Qtrs
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-35.12M	USD	1 Quarter
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$31.58M	USD	1 Quarter
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$41.79M	USD	2 Qtrs
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.43	USD	2 Qtrs
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.43	USD	2 Qtrs
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.16	USD	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	214.78M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	213.18M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.11M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.22M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	213.18M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.11M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.22M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	214.78M	shares	2 Qtrs

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$15.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.69M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-83.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-27.92M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-55.29M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$52.81M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$157.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$313.00K	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$-70.00K	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$22.95M	USD	2 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-192.00K	USD	2 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$88.00K	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$21.00K	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$310.00K	USD	2 Qtrs
Noncash interest on derivatives, net	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$1.58M	USD	2 Qtrs
Noncash interest on derivatives, net	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$2.87M	USD	2 Qtrs
Depreciation	`Depreciation`	$62.01M	USD	2 Qtrs
Depreciation	`Depreciation`	$63.48M	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$218.00K	USD	2 Qtrs
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$21.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.47M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$671.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.35M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$737.00K	USD	1 Quarter
Amortization of deferred stock compensation	`ShareBasedCompensation`	$7.41M	USD	2 Qtrs
Amortization of deferred stock compensation	`ShareBasedCompensation`	$6.43M	USD	2 Qtrs
Gain on hurricane-related damage	`InsuredEventGainLoss`	$4.37M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.15M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.77M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.43M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.71M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$10.19M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$7.06M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.38M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.42M	USD	2 Qtrs
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-700.00K	USD	2 Qtrs
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-669.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$90.65M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.92M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$191.29M	USD	2 Qtrs
Proceeds from property insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$4.37M	USD	2 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquireCommercialRealEstate`	$232.51M	USD	2 Qtrs
Acquisitions of hotel properties and other assets	`PaymentsToAcquireCommercialRealEstate`	$195.65M	USD	2 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$16.79M	USD	2 Qtrs
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$62.62M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-212.43M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-99.47M	USD	2 Qtrs
Acquisition of noncontrolling interest, including transaction costs	`PaymentForAcquisitionOfNoncontrollingInterest`	$-101.35M	USD	2 Qtrs
Proceeds from preferred stock offerings	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$115.00M	USD	2 Qtrs
Redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$115.00M	USD	2 Qtrs
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$38.44M	USD	2 Qtrs
Repurchases of outstanding common stock	`PaymentsForRepurchaseOfCommonStock`	$77.98M	USD	2 Qtrs
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.88M	USD	2 Qtrs
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	2 Qtrs
Proceeds from credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$230.00M	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$1.64M	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfDebt`	$35.99M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$7.97M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$6.70M	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	$5.50M	USD	2 Qtrs
Contribution from noncontrolling interest	`ProceedsFromMinorityShareholders`	$1.38M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.60M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-963.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-205.75M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.78M	USD	2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.94M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$416.14M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.72M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$210.39M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.94M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$416.14M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.72M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$210.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$120.48M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$42.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$47.49M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$45.61M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.94M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$416.14M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.72M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$210.39M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$13.41M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$15.70M	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$-134.00K	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$-5.00K	USD	2 Qtrs
Operating cash flows used for operating leases	`OperatingLeasePayments`	$3.36M	USD	2 Qtrs
Operating cash flows used for operating leases	`OperatingLeasePayments`	$3.41M	USD	2 Qtrs
Changes in operating lease right-of-use assets	`IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet`	$-1.84M	USD	2 Qtrs
Changes in operating lease right-of-use assets	`IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet`	$-2.00M	USD	2 Qtrs
Changes in operating lease obligations	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-2.71M	USD	2 Qtrs
Changes in operating lease obligations	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-2.50M	USD	2 Qtrs
Changes in operating lease right-of-use assets and lease obligations, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-700.00K	USD	2 Qtrs
Changes in operating lease right-of-use assets and lease obligations, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-669.00K	USD	2 Qtrs
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$18.73M	USD	2 Qtrs
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$7.11M	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$241.00K	USD	2 Qtrs
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$242.00K	USD	2 Qtrs
Preferred stock redemption charges	`PreferredStockRedemptionPremium`	$4.02M	USD	2 Qtrs
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$2.23M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$4.36M	USD	Point-in-time

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.21B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.24B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.97M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$3.70M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$4.78M	USD	1 Quarter
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.87M	USD	1 Quarter
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-3.35M	USD	1 Quarter
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.36M	USD	1 Quarter
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-3.52M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.50M	USD	1 Quarter
Contribution from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.38M	USD	1 Quarter
Issuance of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-91.00K	USD	1 Quarter
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$43.47M	USD	1 Quarter
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$34.52M	USD	1 Quarter
Net proceeds from issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$37.66M	USD	1 Quarter
Acquisition of noncontrolling interest, net	`AcquisitionOfNoncontrollingInterest`	$101.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$15.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.69M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-83.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-27.92M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-55.29M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$52.81M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.21B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.24B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time

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