10-K Filing

SUNSTONE HOTEL INVESTORS, INC. CIK: 1295810 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001558370-23-001869`
Period End Date	20221231
Filing Date	20230223
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	sho-20221231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 75 Cash Flow Statement 151 Stockholders Equity 29

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$368.41M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$120.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.22M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$42.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$55.98M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$47.73M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$28.73M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$42.09M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.34M	USD	Point-in-time
Assets held for sale, net	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$76.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$282.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$213.97M	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
Investment in hotel properties, net	`RealEstateInvestmentPropertyNet`	$2.84B	USD	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$15.03M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$2.58M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	209.32M	shares	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$5.03M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	219.33M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	209.32M	shares	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$7.87M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$13.20M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	219.33M	shares	Point-in-time
Total assets	`Assets`	$3.04B	USD	Point-in-time
Total assets	`Assets`	$3.08B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$56.85M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$47.70M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$22.80M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.75M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$3.51M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrent`	$13.99M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$58.88M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$65.21M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$20.69M	USD	Point-in-time
Current portion of notes payable, net	`LongTermDebtCurrent`	$222.03M	USD	Point-in-time
Liabilities of assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$25.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$380.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.76M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$588.74M	USD	Point-in-time
Notes payable, less current portion, net	`LongTermDebtNoncurrent`	$590.65M	USD	Point-in-time
Operating lease obligations, less current portion	`OperatingLeaseLiabilityNoncurrent`	$14.36M	USD	Point-in-time
Operating lease obligations, less current portion	`OperatingLeaseLiabilityNoncurrent`	$25.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.96M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$801.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$997.86M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 209,320,447 shares issued and outstanding at December 31, 2022 and 219,333,783 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$2.09M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized, 209,320,447 shares issued and outstanding at December 31, 2022 and 219,333,783 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$2.19M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.47B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.63B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.04B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$948.06M	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.66B	USD	Point-in-time
Cumulative dividends and distributions	`CumulativeDividends`	$1.70B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.08B	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`	$2.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.24B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.08B	USD	Point-in-time

Income Statement 75 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$267.91M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$509.15M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$912.05M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$31.16M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$46.98M	USD	Annual
Advertising and promotion	`AdvertisingExpense`	$23.74M	USD	Annual
Repairs and maintenance	`RepairsAndMaintenance`	$27.08M	USD	Annual
Repairs and maintenance	`RepairsAndMaintenance`	$36.80M	USD	Annual
Repairs and maintenance	`RepairsAndMaintenance`	$33.90M	USD	Annual
Utilities	`UtilitiesExpense`	$20.75M	USD	Annual
Utilities	`UtilitiesExpense`	$26.36M	USD	Annual
Utilities	`UtilitiesExpense`	$17.31M	USD	Annual
Franchise costs	`CostsOfFranchisedOutlets`	$7.06M	USD	Annual
Franchise costs	`CostsOfFranchisedOutlets`	$11.35M	USD	Annual
Franchise costs	`CostsOfFranchisedOutlets`	$15.84M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$68.98M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$64.14M	USD	Annual
Property tax, ground lease and insurance	`OccupancyNet`	$76.85M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$113.34M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$71.42M	USD	Annual
Other property-level expenses	`OtherCostAndExpenseOperating`	$49.85M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$35.25M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$28.15M	USD	Annual
Corporate overhead	`GeneralAndAdministrativeExpense`	$40.27M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$137.05M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$126.40M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$128.68M	USD	Annual
Impairment losses	`ImpairmentOfRealEstate`	$146.94M	USD	Annual
Impairment losses	`ImpairmentOfRealEstate`	$2.69M	USD	Annual
Impairment losses	`ImpairmentOfRealEstate`	$3.47M	USD	Annual
Total operating expenses	`OperatingExpenses`	$597.27M	USD	Annual
Total operating expenses	`OperatingExpenses`	$816.17M	USD	Annual
Total operating expenses	`OperatingExpenses`	$661.79M	USD	Annual
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$-343.00K	USD	Annual
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$5.24M	USD	Annual
Interest and other income (loss)	`OtherNonoperatingIncomeExpense`	$2.84M	USD	Annual
Interest expense	`InterestExpense`	$32.01M	USD	Annual
Interest expense	`InterestExpense`	$30.90M	USD	Annual
Interest expense	`InterestExpense`	$53.31M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$152.52M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$34.30M	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$22.95M	USD	Annual
(Loss) gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-936.00K	USD	Annual
(Loss) gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$6.15M	USD	Annual
(Loss) gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-57.00K	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.10M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.12M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-403.92M	USD	Annual
Income tax provision, net	`IncomeTaxExpenseBenefit`	$6.59M	USD	Annual
Income tax provision, net	`IncomeTaxExpenseBenefit`	$359.00K	USD	Annual
Income tax provision, net	`IncomeTaxExpenseBenefit`	$109.00K	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$32.99M	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$90.77M	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$-410.51M	USD	Annual
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-5.82M	USD	Annual
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.30M	USD	Annual
(Income) loss from consolidated joint venture attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.48M	USD	Annual
Preferred stock dividends and redemption charges	`PreferredStockDividendsAndOtherAdjustments`	$20.64M	USD	Annual
Preferred stock dividends and redemption charges	`PreferredStockDividendsAndOtherAdjustments`	$14.25M	USD	Annual
Preferred stock dividends and redemption charges	`PreferredStockDividendsAndOtherAdjustments`	$12.83M	USD	Annual
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-417.52M	USD	Annual
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$13.66M	USD	Annual
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$73.04M	USD	Annual
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	Annual
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$-1.93	USD	Annual
Basic income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	Annual
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	Annual
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	Annual
Diluted income (loss) attributable to common stockholders per common share (in dollars per share)	`EarningsPerShareDiluted`	$-1.93	USD	Annual
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	212.61M	shares	Annual
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.93M	shares	Annual
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	216.30M	shares	Annual
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.93M	shares	Annual
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	216.30M	shares	Annual
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	212.65M	shares	Annual

Cash Flow Statement 151 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$32.99M	USD	Annual
Net income (loss)	`ProfitLoss`	$90.77M	USD	Annual
Net income (loss)	`ProfitLoss`	$-410.51M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$323.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$964.00K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$384.00K	USD	Annual
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$22.95M	USD	Annual
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$34.30M	USD	Annual
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$152.44M	USD	Annual
Loss (gain) on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-936.00K	USD	Annual
Loss (gain) on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$6.15M	USD	Annual
Loss (gain) on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-57.00K	USD	Annual
Noncash interest on derivatives and finance lease obligation, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-3.40M	USD	Annual
Noncash interest on derivatives and finance lease obligation, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$4.74M	USD	Annual
Noncash interest on derivatives and finance lease obligation, net	`NoncashInterestOnDerivativesAndCapitalLeaseObligations`	$-2.19M	USD	Annual
Depreciation	`Depreciation`	$125.84M	USD	Annual
Depreciation	`Depreciation`	$137.01M	USD	Annual
Depreciation	`Depreciation`	$128.62M	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$492.00K	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$63.00K	USD	Annual
Amortization of franchise fees and other intangibles	`AmortizationOfIntangibleAssets`	$41.00K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.92M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.13M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.49M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$10.89M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$12.79M	USD	Annual
Amortization of deferred stock compensation	`ShareBasedCompensation`	$9.58M	USD	Annual
Impairment losses	`ImpairmentOfRealEstate`	$146.94M	USD	Annual
Impairment losses	`ImpairmentOfRealEstate`	$2.69M	USD	Annual
Impairment losses	`ImpairmentOfRealEstate`	$3.47M	USD	Annual
Gain on hurricane-related damage	`InsuredEventGainLoss`	$4.37M	USD	Annual
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$7.42M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-26.83M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.52M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.74M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.66M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.46M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$11.07M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$21.70M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$4.07M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.67M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.29M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.93M	USD	Annual
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-1.41M	USD	Annual
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-1.34M	USD	Annual
Operating lease right-of-use assets and obligations	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-1.26M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-116.70M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$209.38M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.37M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$191.29M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$183.55M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$166.74M	USD	Annual
Disposition deposit	`ProceedsFromDepositsOnRealEstateSales`	$4.00M	USD	Annual
Acquisitions of hotel properties and other assets	`PaymentsToAcquireCommercialRealEstate`	$363.50M	USD	Annual
Acquisitions of hotel properties and other assets	`PaymentsToAcquireCommercialRealEstate`	$232.51M	USD	Annual
Acquisitions of hotel properties and other assets	`PaymentsToAcquireCommercialRealEstate`	$1.40M	USD	Annual
Proceeds from property insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$4.37M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$51.44M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$63.66M	USD	Annual
Renovations and additions to hotel properties and other assets	`PaymentsForCapitalImprovements`	$128.58M	USD	Annual
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$111.00K	USD	Annual
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$299.00K	USD	Annual
Payment for interest rate derivative	`PaymentsForDerivativeInstrumentInvestingActivities`	$80.00K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-165.72M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-239.69M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$113.79M	USD	Annual
Acquisition of noncontrolling interest, including transaction costs	`PaymentForAcquisitionOfNoncontrollingInterest`	$104.26M	USD	Annual
Proceeds from preferred stock offerings	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$215.00M	USD	Annual
Redemptions of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$190.00M	USD	Annual
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$38.44M	USD	Annual
Repurchases of outstanding common stock	`PaymentsForRepurchaseOfCommonStock`	$103.89M	USD	Annual
Repurchases of outstanding common stock	`PaymentsForRepurchaseOfCommonStock`	$108.44M	USD	Annual
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.99M	USD	Annual
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.88M	USD	Annual
Repurchases of common stock for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	Annual
Proceeds from credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$300.00M	USD	Annual
Proceeds from credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$230.00M	USD	Annual
Proceeds from credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$110.00M	USD	Annual
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$230.00M	USD	Annual
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$300.00M	USD	Annual
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$110.00M	USD	Annual
Proceeds from notes payable	`ProceedsFromIssuanceOfDebt`	$243.62M	USD	Annual
Payments on notes payable	`RepaymentsOfDebt`	$38.92M	USD	Annual
Payments on notes payable	`RepaymentsOfDebt`	$79.88M	USD	Annual
Payments on notes payable	`RepaymentsOfDebt`	$149.74M	USD	Annual
Payments of costs related to extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$27.98M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$397.00K	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$7.40M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.36M	USD	Annual
Dividends and distributions paid	`PaymentsOfDividends`	$24.82M	USD	Annual
Dividends and distributions paid	`PaymentsOfDividends`	$156.27M	USD	Annual
Dividends and distributions paid	`PaymentsOfDividends`	$13.69M	USD	Annual
Distributions to noncontrolling interest	`PaymentsToMinorityShareholders`	$5.50M	USD	Annual
Distributions to noncontrolling interest	`PaymentsToMinorityShareholders`	$2.00M	USD	Annual
Contributions from noncontrolling interest	`ProceedsFromMinorityShareholders`	$1.38M	USD	Annual
Contributions from noncontrolling interest	`ProceedsFromMinorityShareholders`	$2.32M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-49.17M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-445.92M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.10M	USD	Annual
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.51M	USD	Annual
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-448.83M	USD	Annual
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-253.42M	USD	Annual
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$864.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.72M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$416.14M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$864.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.72M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$416.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$368.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$120.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.22M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$42.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$55.98M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$47.73M	USD	Point-in-time
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$864.97M	USD	Point-in-time
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.21M	USD	Point-in-time
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.72M	USD	Point-in-time
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$416.14M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$31.43M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$40.31M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$31.66M	USD	Annual
Cash paid (refund) for income taxes, net	`IncomeTaxesPaidNet`	$-996.00K	USD	Annual
Cash paid (refund) for income taxes, net	`IncomeTaxesPaidNet`	$709.00K	USD	Annual
Cash paid (refund) for income taxes, net	`IncomeTaxesPaidNet`	$35.00K	USD	Annual
Operating cash flows used for operating leases	`OperatingLeasePayments`	$6.80M	USD	Annual
Operating cash flows used for operating leases	`OperatingLeasePayments`	$10.11M	USD	Annual
Operating cash flows used for operating leases	`OperatingLeasePayments`	$6.76M	USD	Annual
Changes in operating lease right-of-use assets	`IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet`	$-3.48M	USD	Annual
Changes in operating lease right-of-use assets	`IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet`	$-3.80M	USD	Annual
Changes in operating lease right-of-use assets	`IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet`	$-3.77M	USD	Annual
Changes in operating lease obligations	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-4.74M	USD	Annual
Changes in operating lease obligations	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-5.18M	USD	Annual
Changes in operating lease obligations	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-5.14M	USD	Annual
Changes in operating lease right-of-use assets and lease obligations, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-1.41M	USD	Annual
Changes in operating lease right-of-use assets and lease obligations, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-1.34M	USD	Annual
Changes in operating lease right-of-use assets and lease obligations, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet`	$-1.26M	USD	Annual
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$8.53M	USD	Annual
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$9.57M	USD	Annual
Accrued renovations and additions to hotel properties and other assets	`CapitalExpendituresIncurredButNotYetPaid`	$3.34M	USD	Annual
Disposition deposit received in prior year in connection with sale of hotel	`EscrowDepositsRelatedToPropertySales`	$4.00M	USD	Annual
Operating lease right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$864.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$412.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$481.00K	USD	Annual
Amortization of deferred stock compensation - construction activities	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$490.00K	USD	Annual
Preferred stock redemption charges	`PreferredStockRedemptionPremium`	$6.64M	USD	Annual
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.51M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.21M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$13.99M	USD	Point-in-time

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	Annual
Common stock distributions and distributions payable, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.24B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$9.99M	USD	Annual
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$13.28M	USD	Annual
Amortization of deferred stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$11.37M	USD	Annual
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-4.88M	USD	Annual
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-3.44M	USD	Annual
Issuance of restricted common stock, net	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-3.99M	USD	Annual
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$10.78M	USD	Annual
Common stock distributions and distributions payable	`DividendsCommonStockCash`	$21.06M	USD	Annual
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	Annual
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.50M	USD	Annual
Contribution from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.38M	USD	Annual
Contribution from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$2.32M	USD	Annual
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$108.44M	USD	Annual
Repurchases of outstanding common stock	`StockRepurchasedDuringPeriodValue`	$103.89M	USD	Annual
Net proceeds from issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$37.66M	USD	Annual
Acquisition of noncontrolling interest, net	`AcquisitionOfNoncontrollingInterest`	$104.26M	USD	Annual
Net income (loss)	`ProfitLoss`	$32.99M	USD	Annual
Net income (loss)	`ProfitLoss`	$90.77M	USD	Annual
Net income (loss)	`ProfitLoss`	$-410.51M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.24B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time

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