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10-Q Filing

BRAEMAR HOTELS & RESORTS INC. CIK: 1574085 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001574085-17-000045
Period End Date 20170331
Filing Date 20170509
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance ahp-20170331.xml
Balance Sheet 82 line items
Line Item Tag Value Unit Period
Allowance for doubtful notes receivable AllowanceForDoubtfulAccountsReceivable $96.00K USD Point-in-time
Allowance for doubtful notes receivable AllowanceForDoubtfulAccountsReceivable $81.00K 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
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Investments in hotel properties, gross PropertyPlantAndEquipmentGross $1.26B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 26.02M shares Point-in-time
Investments in hotel properties, gross PropertyPlantAndEquipmentGross $1.41B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 31.77M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 31.77M shares Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $243.88M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 26.02M shares Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $254.17M USD Point-in-time
Investments in hotel properties, net PropertyPlantAndEquipmentNet $1.16B USD Point-in-time
Investments in hotel properties, net PropertyPlantAndEquipmentNet $1.01B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $161.31M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $126.79M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $105.04M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $101.89M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $35.78M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $33.13M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $36.37M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $37.85M USD Point-in-time
Accounts receivable, net of allowance of $81 and $96, respectively AccountsReceivableNet $24.91M USD Point-in-time
Accounts receivable, net of allowance of $81 and $96, respectively AccountsReceivableNet $18.19M USD Point-in-time
Inventories InventoryNet $1.79M USD Point-in-time
Inventories InventoryNet $1.48M USD Point-in-time
Note receivable NotesReceivableNet $8.10M USD Point-in-time
Note receivable NotesReceivableNet $8.10M USD Point-in-time
Deferred costs, net DeferredCostsCurrentAndNoncurrent $1.02M USD Point-in-time
Deferred costs, net DeferredCostsCurrentAndNoncurrent $924.00K USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $6.47M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $3.67M USD Point-in-time
Derivative assets DerivativeAssets $414.00K USD Point-in-time
Derivative assets DerivativeAssets $1.15M USD Point-in-time
Other assets OtherAssets $9.07M USD Point-in-time
Other assets OtherAssets $2.25M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $22.76M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $22.85M USD Point-in-time
Due from related party, net DueFromRelatedParties $598.00K USD Point-in-time
Due from related party, net DueFromRelatedParties $377.00K USD Point-in-time
Due from third-party hotel managers DueFromThirdPartyHotelManagers $9.94M USD Point-in-time
Due from third-party hotel managers DueFromThirdPartyHotelManagers $7.55M USD Point-in-time
Total assets Assets $1.45B USD Point-in-time
Total assets Assets $1.26B USD Point-in-time
Indebtedness, net LongTermDebt $764.62M USD Point-in-time
Indebtedness, net LongTermDebt $856.16M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $44.79M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $52.94M USD Point-in-time
Dividends and distributions payable DividendsPayableCurrentAndNoncurrent $5.04M USD Point-in-time
Dividends and distributions payable DividendsPayableCurrentAndNoncurrent $8.03M USD Point-in-time
Due to affiliate DueToAffiliateCurrentAndNoncurrent - USD Point-in-time
Due to affiliate DueToAffiliateCurrentAndNoncurrent $2.50M USD Point-in-time
Due to third-party hotel managers DueToThirdPartyHotelManagers $973.00K USD Point-in-time
Due to third-party hotel managers DueToThirdPartyHotelManagers $962.00K USD Point-in-time
Intangible liability, net BelowMarketLeaseNet $3.62M USD Point-in-time
Intangible liability, net BelowMarketLeaseNet $3.61M USD Point-in-time
Other liabilities OtherLiabilities $1.43M USD Point-in-time
Other liabilities OtherLiabilities $1.47M USD Point-in-time
Total liabilities Liabilities $926.69M USD Point-in-time
Total liabilities Liabilities $828.06M USD Point-in-time
Commitments and contingencies (note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (note 15) CommitmentsAndContingencies - USD Point-in-time
5.50% Series B cumulative convertible preferred stock, $0.01 par value, 4,865,850 and 2,890,850 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively TemporaryEquityCarryingAmountAttributableToParent $104.32M USD Point-in-time
5.50% Series B cumulative convertible preferred stock, $0.01 par value, 4,865,850 and 2,890,850 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively TemporaryEquityCarryingAmountAttributableToParent $65.96M USD Point-in-time
Redeemable noncontrolling interests in operating partnership RedeemableNoncontrollingInterestEquityCarryingAmount $48.59M USD Point-in-time
Redeemable noncontrolling interests in operating partnership RedeemableNoncontrollingInterestEquityCarryingAmount $59.54M USD Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 31,765,912 and 26,021,552 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $260.00K USD Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 31,765,912 and 26,021,552 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $317.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $401.79M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $467.54M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-91.25M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-93.25M USD Point-in-time
Total stockholders equity of the Company StockholdersEquity $308.80M USD Point-in-time
Total stockholders equity of the Company StockholdersEquity $376.61M USD Point-in-time
Noncontrolling interest in consolidated entity MinorityInterest $-5.36M USD Point-in-time
Noncontrolling interest in consolidated entity MinorityInterest $-5.38M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $371.22M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.43M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.45B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.26B USD Point-in-time
Income Statement 76 line items
Line Item Tag Value Unit Period
Rooms OccupancyRevenue $67.42M USD 1 Quarter
Rooms OccupancyRevenue $69.25M USD 1 Quarter
Food and beverage FoodAndBeverageRevenue $24.86M USD 1 Quarter
Food and beverage FoodAndBeverageRevenue $24.47M USD 1 Quarter
Other OtherHotelOperatingRevenue $5.65M USD 1 Quarter
Other OtherHotelOperatingRevenue $5.37M USD 1 Quarter
Total hotel revenue RevenueFromLeasedAndOwnedHotels $97.26M USD 1 Quarter
Total hotel revenue RevenueFromLeasedAndOwnedHotels $99.76M USD 1 Quarter
Other OtherSalesRevenueNet $40.00K USD 1 Quarter
Other OtherSalesRevenueNet $33.00K USD 1 Quarter
Total revenue Revenues $97.30M USD 1 Quarter
Total revenue Revenues $99.80M USD 1 Quarter
Rooms OccupancyCosts $15.80M USD 1 Quarter
Rooms OccupancyCosts $15.82M USD 1 Quarter
Food and beverage FoodAndBeverageCostOfSales $17.45M USD 1 Quarter
Food and beverage FoodAndBeverageCostOfSales $16.86M USD 1 Quarter
Other expenses OtherDirectCostsOfHotels $27.73M USD 1 Quarter
Other expenses OtherDirectCostsOfHotels $28.34M USD 1 Quarter
Management fees OwnedPropertyManagementCosts $3.54M USD 1 Quarter
Management fees OwnedPropertyManagementCosts $3.81M USD 1 Quarter
Total hotel expenses DirectCostsOfHotels $65.41M USD 1 Quarter
Total hotel expenses DirectCostsOfHotels $63.93M USD 1 Quarter
Property taxes, insurance and other PropertyTaxesInsuranceandOther $5.07M USD 1 Quarter
Property taxes, insurance and other PropertyTaxesInsuranceandOther $5.04M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $11.90M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $11.97M USD 1 Quarter
Advisory services fee AdvisoryServicesFee $865.00K USD 1 Quarter
Advisory services fee AdvisoryServicesFee $2.06M USD 1 Quarter
Transaction costs BusinessCombinationAcquisitionRelatedCosts - USD 1 Quarter
Transaction costs BusinessCombinationAcquisitionRelatedCosts $4.33M USD 1 Quarter
Corporate general and administrative GeneralAndAdministrativeExpense $3.87M USD 1 Quarter
Corporate general and administrative GeneralAndAdministrativeExpense $3.92M USD 1 Quarter
Total expenses CostsAndExpenses $88.34M USD 1 Quarter
Total expenses CostsAndExpenses $90.05M USD 1 Quarter
OPERATING INCOME (LOSS) OperatingIncomeLoss $7.25M USD 1 Quarter
OPERATING INCOME (LOSS) OperatingIncomeLoss $11.45M USD 1 Quarter
Equity in earnings (loss) of unconsolidated entity IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Equity in earnings (loss) of unconsolidated entity IncomeLossFromEquityMethodInvestments $-2.65M USD 1 Quarter
Interest income InvestmentIncomeInterest $112.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $32.00K USD 1 Quarter
Other income (expense) OtherNonrecurringIncomeExpense $10.00K USD 1 Quarter
Other income (expense) OtherNonrecurringIncomeExpense $157.00K USD 1 Quarter
Interest expense and amortization of loan costs InterestExpenseDebt $8.20M USD 1 Quarter
Interest expense and amortization of loan costs InterestExpenseDebt $10.63M USD 1 Quarter
Write-off of loan costs and exit fees WriteOffOfDeferredDebtIssuanceCost $1.96M USD 1 Quarter
Write-off of loan costs and exit fees WriteOffOfDeferredDebtIssuanceCost - USD 1 Quarter
Unrealized gain (loss) on investment in Ashford Inc. UnrealizedGainLossonInvestmentinAffiliatedEntity $-1.49M USD 1 Quarter
Unrealized gain (loss) on investment in Ashford Inc. UnrealizedGainLossonInvestmentinAffiliatedEntity $3.09M USD 1 Quarter
Unrealized gain (loss) on derivatives UnrealizedGainLossOnDerivatives $3.53M USD 1 Quarter
Unrealized gain (loss) on derivatives UnrealizedGainLossOnDerivatives $-898.00K USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $231.00K USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-767.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $370.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-478.00K USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-139.00K USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-289.00K USD 1 Quarter
(Income) loss from consolidated entities attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
(Income) loss from consolidated entities attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-21.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable $-150.00K USD 1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable $-255.00K USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $-13.00K USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $-134.00K USD 1 Quarter
Preferred dividends PreferredStockDividendsIncomeStatementImpact $1.67M USD 1 Quarter
Preferred dividends PreferredStockDividendsIncomeStatementImpact $894.00K USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $-1.69M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $-1.03M USD 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareBasic $-0.04 USD 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareBasic $-0.07 USD 1 Quarter
Weighted average common shares outstanding basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 28.34M shares 1 Quarter
Weighted average common shares outstanding basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 27.27M shares 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareDiluted $-0.07 USD 1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share) EarningsPerShareDiluted $-0.04 USD 1 Quarter
Weighted average common shares outstanding diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.27M shares 1 Quarter
Weighted average common shares outstanding diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 28.34M shares 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.16 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Cash Flow Statement 116 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-139.00K USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-289.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $11.90M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $11.97M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $-613.00K USD 1 Quarter
Equity-based compensation ShareBasedCompensation $-1.67M USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $61.00K USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $36.00K USD 1 Quarter
Amortization of loan costs AmortizationOfFinancingCosts $1.05M USD 1 Quarter
Amortization of loan costs AmortizationOfFinancingCosts $881.00K USD 1 Quarter
Write-off of loan costs and exit fees WriteOffOfDeferredDebtIssuanceCost $1.96M USD 1 Quarter
Write-off of loan costs and exit fees WriteOffOfDeferredDebtIssuanceCost - USD 1 Quarter
Amortization of intangibles AmortizationofIntangibleLiabilitiesIncludingDepreciationandAmortization $-5.00K USD 1 Quarter
Amortization of intangibles AmortizationofIntangibleLiabilitiesIncludingDepreciationandAmortization $-50.00K USD 1 Quarter
Unrealized (gain) loss on investment in Ashford Inc. UnrealizedGainLossonInvestmentinAffiliatedEntity $-1.49M USD 1 Quarter
Unrealized (gain) loss on investment in Ashford Inc. UnrealizedGainLossonInvestmentinAffiliatedEntity $3.09M USD 1 Quarter
Realized and unrealized (gain) loss on derivatives RealizedandUnrealizedGainLossonDerivatives $3.53M USD 1 Quarter
Realized and unrealized (gain) loss on derivatives RealizedandUnrealizedGainLossonDerivatives $-1.05M USD 1 Quarter
Equity in (earnings) loss of unconsolidated entity IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Equity in (earnings) loss of unconsolidated entity IncomeLossFromEquityMethodInvestments $-2.65M USD 1 Quarter
Deferred tax expense (benefit) DeferredTaxExpenseBenefit $-693.00K USD 1 Quarter
Deferred tax expense (benefit) DeferredTaxExpenseBenefit $53.00K USD 1 Quarter
Payments for derivatives PaymentsforDerivativeInstrumentsOperatingActivities $114.00K USD 1 Quarter
Payments for derivatives PaymentsforDerivativeInstrumentsOperatingActivities - USD 1 Quarter
Accounts receivable and inventories IncreaseDecreaseinAccountsReceivableAndInventories $1.85M USD 1 Quarter
Accounts receivable and inventories IncreaseDecreaseinAccountsReceivableAndInventories $2.73M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.95M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.83M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $8.10M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.93M USD 1 Quarter
Due to/from related party, net IncreaseDecreaseInDueToRelatedParties $-290.00K USD 1 Quarter
Due to/from related party, net IncreaseDecreaseInDueToRelatedParties $-221.00K USD 1 Quarter
Due to/from affiliate, net IncreaseDecreaseInDueToAffiliates $-2.50M USD 1 Quarter
Due to/from affiliate, net IncreaseDecreaseInDueToAffiliates - USD 1 Quarter
Due to/from third-party hotel managers IncreaseDecreaseInDueToFromThirdPartyHotelManagers $1.68M USD 1 Quarter
Due to/from third-party hotel managers IncreaseDecreaseInDueToFromThirdPartyHotelManagers $-1.87M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $58.00K USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $33.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $12.14M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $4.55M USD 1 Quarter
Proceeds from property insurance ProceedsFromInsuranceSettlementInvestingActivities $673.00K USD 1 Quarter
Proceeds from property insurance ProceedsFromInsuranceSettlementInvestingActivities - USD 1 Quarter
Acquisition of hotel properties, net of cash and restricted cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $154.03M USD 1 Quarter
Acquisition of hotel properties, net of cash and restricted cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Proceeds from liquidation of AQUA U.S. Fund ProceedsFromSaleOfEquityMethodInvestments - USD 1 Quarter
Proceeds from liquidation of AQUA U.S. Fund ProceedsFromSaleOfEquityMethodInvestments $2.29M USD 1 Quarter
Improvements and additions to hotel properties PaymentsForCapitalImprovements $3.36M USD 1 Quarter
Improvements and additions to hotel properties PaymentsForCapitalImprovements $9.27M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-161.01M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.68M USD 1 Quarter
Borrowings on indebtedness ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Borrowings on indebtedness ProceedsFromIssuanceOfLongTermDebt $432.50M USD 1 Quarter
Repayments of indebtedness RepaymentsOfDebt $2.14M USD 1 Quarter
Repayments of indebtedness RepaymentsOfDebt $334.77M USD 1 Quarter
Payments of loan costs and exit fees PaymentsOfDebtIssuanceCosts $15.00K USD 1 Quarter
Payments of loan costs and exit fees PaymentsOfDebtIssuanceCosts $9.10M USD 1 Quarter
Payments for derivatives PaymentsForDerivativeInstrumentFinancingActivities $319.00K USD 1 Quarter
Payments for derivatives PaymentsForDerivativeInstrumentFinancingActivities $4.00K USD 1 Quarter
Purchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchase of common stock PaymentsForRepurchaseOfCommonStock $6.00K USD 1 Quarter
Payments for dividends and distributions PaymentsOfDividends $3.40M USD 1 Quarter
Payments for dividends and distributions PaymentsOfDividends $4.62M USD 1 Quarter
Issuance of preferred stock ProceedsFromRepurchaseOfEquity $38.58M USD 1 Quarter
Issuance of preferred stock ProceedsFromRepurchaseOfEquity $-54.00K USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $66.65M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Distributions to a noncontrolling interest in a consolidated entity PaymentsToMinorityShareholders - USD 1 Quarter
Distributions to a noncontrolling interest in a consolidated entity PaymentsToMinorityShareholders $3.77M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $19.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $188.91M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-9.37M USD 1 Quarter
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $32.45M USD 1 Quarter
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $91.00K USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $164.65M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $138.26M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $197.09M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $138.17M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $164.65M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $138.26M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $197.09M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $138.17M USD Point-in-time
Interest paid InterestPaid $7.98M USD 1 Quarter
Interest paid InterestPaid $9.68M USD 1 Quarter
Income taxes paid IncomeTaxesPaidNet $716.00K USD 1 Quarter
Income taxes paid IncomeTaxesPaidNet $144.00K USD 1 Quarter
Common stock purchases accrued but not paid StockRepurchaseAccruedbutnotPaid $112.00K USD 1 Quarter
Common stock purchases accrued but not paid StockRepurchaseAccruedbutnotPaid $103.00K USD 1 Quarter
Dividends and distributions declared but not paid DividendsDeclaredbutNotPaid $4.33M USD 1 Quarter
Dividends and distributions declared but not paid DividendsDeclaredbutNotPaid $8.03M USD 1 Quarter
Capital expenditures accrued but not paid CapitalExpendituresIncurredButNotYetPaid $1.70M USD 1 Quarter
Capital expenditures accrued but not paid CapitalExpendituresIncurredButNotYetPaid $479.00K USD 1 Quarter
Accrued common stock offering expense AccruedCommonStockOfferingExpense - USD 1 Quarter
Accrued common stock offering expense AccruedCommonStockOfferingExpense $133.00K USD 1 Quarter
Accrued preferred stock offering expenses AccruedPreferredStockOfferingExpense - USD 1 Quarter
Accrued preferred stock offering expenses AccruedPreferredStockOfferingExpense $216.00K USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $161.31M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $126.79M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $105.04M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $101.89M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $35.78M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $33.13M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $36.37M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $37.85M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $161.31M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $126.79M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $105.04M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $101.89M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $35.78M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $33.13M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $36.37M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $37.85M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $164.65M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $138.26M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $197.09M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents $138.17M USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $371.22M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.43M USD Point-in-time
Beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount $48.59M USD Point-in-time
Beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount $59.54M USD Point-in-time
Repurchase of common stock StockRepurchasedDuringPeriodValue $118.00K USD 1 Quarter
Equity-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-664.00K USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $66.52M USD 1 Quarter
Issuance of restricted shares/units StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Forfeiture of restricted common shares StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Dividends declared - common stock DividendsCommonStockCash $2.80M USD 1 Quarter
Dividends declared - common stock DividendsCommonStockCash $5.15M USD 1 Quarter
Dividends declared - preferred stock DividendsPreferredStockCash $1.67M USD 1 Quarter
Distributions to redeemable noncontrolling interest TemporaryEquityDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 1 Quarter
Redemption/conversion of operating partnership units StockIssuedDuringPeriodValueConversionOfUnits $67.00K USD 1 Quarter
Net income (loss) attributable to the Company NetIncomeLoss $-13.00K USD 1 Quarter
Net income (loss) attributable to the Company NetIncomeLoss $-134.00K USD 1 Quarter
(Income) loss from consolidated entities attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
(Income) loss from consolidated entities attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-21.00K USD 1 Quarter
Net income (loss) NetIncomeLossExcludingRedeemableNoncontrollingInterestsNetIncomeLoss $-34.00K USD 1 Quarter
Redemption value adjustment MinorityInterestChangeInRedemptionValue $8.84M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $371.22M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.43M USD Point-in-time
Ending balance RedeemableNoncontrollingInterestEquityCarryingAmount $48.59M USD Point-in-time
Ending balance RedeemableNoncontrollingInterestEquityCarryingAmount $59.54M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-139.00K USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-289.00K USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-139.00K USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-289.00K USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests in consolidated entities ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-21.00K USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests in consolidated entities ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership TemporaryEquityComprehensiveIncome $-255.00K USD 1 Quarter
Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership TemporaryEquityComprehensiveIncome $-150.00K USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY ComprehensiveIncomeNetOfTax $-134.00K USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY ComprehensiveIncomeNetOfTax $-13.00K USD 1 Quarter

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

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