2012 Q2 Form 10-Q Financial Statement

#000123258212000033 Filed on August 03, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $240.8M $221.3M
YoY Change 8.8% 1.7%
Cost Of Revenue $160.0M $156.2M
YoY Change 2.43% 2.02%
Gross Profit $80.80M $73.90M
YoY Change 9.34% 14.57%
Gross Profit Margin 33.56% 33.39%
Selling, General & Admin $11.90M $11.00M
YoY Change 8.18% 32.53%
% of Gross Profit 14.73% 14.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.10M $33.20M
YoY Change 2.71% -8.54%
% of Gross Profit 42.2% 44.93%
Operating Expenses $45.40M $44.00M
YoY Change 3.18% 6.8%
Operating Profit $35.51M $35.74M
YoY Change -0.63% 53.38%
Interest Expense $36.28M $34.81M
YoY Change 4.24% -292.31%
% of Operating Profit 102.17% 97.4%
Other Income/Expense, Net $6.700M $18.20M
YoY Change -63.19% 15.92%
Pretax Income $147.0K -$948.0K
YoY Change -115.51% -104.29%
Income Tax $1.366M $285.0K
% Of Pretax Income 929.25%
Net Earnings -$4.814M -$4.311M
YoY Change 11.67% -163.4%
Net Earnings / Revenue -2.0% -1.95%
Basic Earnings Per Share -$0.20 -$0.49
Diluted Earnings Per Share -$0.20 -$0.49
COMMON SHARES
Basic Shares Outstanding 67.64M shares 59.48M shares
Diluted Shares Outstanding 67.64M shares 59.48M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $139.5M $154.2M
YoY Change -9.53% -11.84%
Cash & Equivalents $139.5M $154.2M
Short-Term Investments
Other Short-Term Assets $13.90M $15.10M
YoY Change -7.95% -6.21%
Inventory $2.366M $2.600M
Prepaid Expenses
Receivables $103.3M $95.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $259.1M $266.9M
YoY Change -2.92% -3.96%
LONG-TERM ASSETS
Property, Plant & Equipment $2.929B $2.984B
YoY Change -1.83% -10.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $169.2M $190.8M
YoY Change -11.3% 779.26%
Other Assets $94.80M $101.2M
YoY Change -6.32% 3.69%
Total Long-Term Assets $3.266B $3.358B
YoY Change -2.75% -6.96%
TOTAL ASSETS
Total Short-Term Assets $259.1M $266.9M
Total Long-Term Assets $3.266B $3.358B
Total Assets $3.525B $3.625B
YoY Change -2.76% -6.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.500M $3.900M
YoY Change 15.38% -7.14%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $124.9M $116.8M
YoY Change 6.93% -10.43%
LONG-TERM LIABILITIES
Long-Term Debt $2.319B $2.445B
YoY Change -5.17% -11.69%
Other Long-Term Liabilities $15.40M $4.600M
YoY Change 234.78% -41.03%
Total Long-Term Liabilities $2.334B $2.450B
YoY Change -4.72% -11.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $124.9M $116.8M
Total Long-Term Liabilities $2.334B $2.450B
Total Liabilities $2.464B $2.749B
YoY Change -10.37% -9.33%
SHAREHOLDERS EQUITY
Retained Earnings -$679.5M
YoY Change
Common Stock $1.249M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $164.8M
YoY Change
Treasury Stock Shares 56.73M shares
Shareholders Equity $917.9M $876.0M
YoY Change
Total Liabilities & Shareholders Equity $3.525B $3.625B
YoY Change -2.76% -6.75%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$4.814M -$4.311M
YoY Change 11.67% -163.4%
Depreciation, Depletion And Amortization $34.10M $33.20M
YoY Change 2.71% -8.54%
Cash From Operating Activities $55.90M $44.20M
YoY Change 26.47% 41.67%
INVESTING ACTIVITIES
Capital Expenditures -$20.80M -$14.40M
YoY Change 44.44% -5.88%
Acquisitions
YoY Change
Other Investing Activities $0.00 $23.10M
YoY Change -100.0% 1825.0%
Cash From Investing Activities -$20.80M $8.600M
YoY Change -341.86% -160.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.10M 9.000M
YoY Change -612.22% -162.5%
NET CHANGE
Cash From Operating Activities 55.90M 44.20M
Cash From Investing Activities -20.80M 8.600M
Cash From Financing Activities -46.10M 9.000M
Net Change In Cash -11.00M 61.80M
YoY Change -117.8% 2188.89%
FREE CASH FLOW
Cash From Operating Activities $55.90M $44.20M
Capital Expenditures -$20.80M -$14.40M
Free Cash Flow $76.70M $58.60M
YoY Change 30.89% 26.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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AccountsReceivableAndInventories
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AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees
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aht Amortization Of Loan Costs Write Off Of Loan Costs And Exit Fees
AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees
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CY2012Q2 aht Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterestsInOperatingPartnership
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CY2012Q2 aht Debt Instrument Variable Rate Basis Stated Percentage
DebtInstrumentVariableRateBasisStatedPercentage
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CY2011Q2 aht Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterestsInOperatingPartnership
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aht Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
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aht Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterestsInOperatingPartnership
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CY2012Q2 aht Carrying Value Of Property In Which Noncontrolling Joint Venture Partners Have Ownership Interests
CarryingValueOfPropertyInWhichNoncontrollingJointVenturePartnersHaveOwnershipInterests
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CY2011Q4 aht Carrying Value Of Property In Which Noncontrolling Joint Venture Partners Have Ownership Interests
CarryingValueOfPropertyInWhichNoncontrollingJointVenturePartnersHaveOwnershipInterests
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CY2011Q4 aht Debt Instrument Variable Rate Basis Stated Percentage
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CY2012Q2 aht Dividends Annualized Target
DividendsAnnualizedTarget
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CY2012Q2 aht Dividends Payable Fair Value Disclosure
DividendsPayableFairValueDisclosure
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CY2011Q4 aht Dividends Payable Fair Value Disclosure
DividendsPayableFairValueDisclosure
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CY2012Q2 aht Due From Third Party Hotel Managers
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CY2011Q4 aht Due From Third Party Hotel Managers
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CY2011Q4 aht Due From Third Party Hotel Managers Fair Value Disclosure
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CY2012Q2 aht Due From Third Party Hotel Managers Fair Value Disclosure
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CY2012Q2 aht Due To Related Parties Fair Value Disclosure
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CY2012Q2 aht Note Receivable
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CY2011Q2 aht Net Income Loss Attributable To Antidilutive Securities
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CY2012Q2 aht Fair Value Consideration Threshold For Transfer In Out Of Unobservable Inputs
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CY2012Q2 aht Gain Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
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aht Gain Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
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aht Gain Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
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aht Net Income Loss Attributable To Antidilutive Securities
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aht Income From Discontinued Operations Allocated To Common Shareholders Basic And Diluted
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CY2012Q2 aht Income From Discontinued Operations Allocated To Common Shareholders Basic And Diluted
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CY2012Q2 aht Income Loss From Continuing Operations Allocated To Unvested Shares
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aht Income Loss From Continuing Operations Allocated To Unvested Shares
IncomeLossFromContinuingOperationsAllocatedToUnvestedShares
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aht Income Loss From Continuing Operations Allocated To Unvested Shares
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aht Increase Decrease In Settlements Trading Derivatives Net
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CY2011 aht Interest Rate Of Note Receivable
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CY2012Q2 aht Minority Interest Maximum Ownership Percentage By Noncontrolling Owners
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CY2011Q4 aht Note Receivable
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dei Document Fiscal Year Focus
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2012
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
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CY2012Q2 aht Number Of Hotel Properties
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CY2011Q4 aht Number Of Hotel Properties Held As Collateral
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CY2012Q2 aht Number Of Hotel Properties Held By Majority Owned Joint Venture
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CY2011Q2 aht Number Of Hotel Properties Held For Sale
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dei Entity Filer Category
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dei Entity Registrant Name
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ASHFORD HOSPITALITY TRUST INC
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CY2011Q2 aht Weighted Average Number Of Shares Outstanding Basic And Diluted During Period
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dei Amendment Flag
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aht Number Of Hotel Properties Sold From Portfolio
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aht Number Of Hotel Properties Sold From Portfolio
NumberOfHotelPropertiesSoldFromPortfolio
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aht Other Asset Impairment Charges Inclusive Of Discontinued Operations
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us-gaap Increase Decrease In Restricted Cash For Operating Activities
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us-gaap Insurance Recoveries
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54000 USD
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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36996000 USD
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us-gaap Contribution Of Property
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us-gaap Contribution Of Property
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CY2012Q2 us-gaap Costs And Expenses
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218036000 USD
us-gaap Costs And Expenses
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us-gaap Costs And Expenses
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us-gaap Debt Instrument Increase Accrued Interest
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2397000 USD
us-gaap Debt Instrument Increase Accrued Interest
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2111000 USD
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us-gaap Depreciation And Amortization
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CY2011Q2 us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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68539000 USD
CY2012Q2 us-gaap Depreciation And Amortization
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34184000 USD
us-gaap Depreciation Depletion And Amortization
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68539000 USD
us-gaap Depreciation Depletion And Amortization
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66196000 USD
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0.00473
CY2011Q4 us-gaap Derivative Instruments And Hedges
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CY2012Q2 us-gaap Derivative Instruments And Hedges
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22253000 USD
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0.002420
us-gaap Direct Costs Of Hotels
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CY2011Q2 us-gaap Direct Costs Of Hotels
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144438000 USD
us-gaap Direct Costs Of Hotels
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282298000 USD
us-gaap Dividends Common Stock
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CY2011Q4 us-gaap Dividends Payable Current And Noncurrent
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CY2012Q2 us-gaap Dividends Payable Current And Noncurrent
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18260000 USD
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2569000 USD
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2330000 USD
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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0.04
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0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
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0 USD
CY2011Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
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0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
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0 USD
CY2011Q4 us-gaap Equity Method Investments
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CY2012Q2 us-gaap Equity Method Investments
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169246000 USD
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2246000 USD
CY2012Q2 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
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9953000 USD
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2765000 USD
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us-gaap Food And Beverage Cost Of Sales
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us-gaap Food And Beverage Cost Of Sales
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57401000 USD
CY2011Q2 us-gaap Food And Beverage Cost Of Sales
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27121000 USD
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41242000 USD
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44415000 USD
us-gaap Food And Beverage Revenue
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86117000 USD
us-gaap Food And Beverage Revenue
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79649000 USD
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304897000 USD
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276292000 USD
us-gaap Gain Loss On Sale Of Derivatives
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36160000 USD
us-gaap Gain Loss On Sale Of Derivatives
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15935000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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3000000 USD
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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24888000 USD
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11930000 USD
us-gaap Impairment Of Real Estate
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0 USD
CY2011Q2 us-gaap Impairment Of Real Estate
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0 USD
us-gaap Income Loss From Continuing Operations
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37768000 USD
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969000 USD
us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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41768000 USD
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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40439000 USD
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2011Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.11
us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2012Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2011Q2 us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25824000 USD
CY2012Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Tax Expense Benefit
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CY2011Q2 us-gaap Income Tax Expense Benefit
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285000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
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1366000 USD
us-gaap Income Tax Expense Benefit
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2245000 USD
us-gaap Income Taxes Paid Net
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1551000 USD
us-gaap Income Taxes Paid Net
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8844000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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14817000 USD
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us-gaap Increase Decrease In Due To Related Parties
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1176000 USD
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us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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3249000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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3247000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
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CY2011Q2 us-gaap Insurance Recoveries
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1905000 USD
CY2012Q2 us-gaap Insurance Recoveries
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0 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
us-gaap Insured Event Gain Loss
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0 USD
us-gaap Insured Event Gain Loss
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1905000 USD
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us-gaap Interest Expense
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us-gaap Interest Expense
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71794000 USD
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0 USD
us-gaap Interest Income Operating
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0 USD
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0 USD
us-gaap Interest Income Operating
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0 USD
us-gaap Interest Paid
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us-gaap Interest Paid
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us-gaap Investment Income Interest
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23000 USD
us-gaap Investment Income Interest
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54000 USD
CY2012Q2 us-gaap Investment Income Interest
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22000 USD
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Land
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Land
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CY2011Q4 us-gaap Liabilities
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CY2011Q4 us-gaap Liabilities And Stockholders Equity
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CY2012Q2 us-gaap Liabilities And Stockholders Equity
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us-gaap Minority Interest Change In Redemption Value
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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0 USD
CY2011Q2 us-gaap Minority Interest In Net Income Loss Joint Venture Partners
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438000 USD
CY2012Q2 us-gaap Minority Interest In Net Income Loss Joint Venture Partners
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54000 USD
us-gaap Minority Interest In Net Income Loss Joint Venture Partners
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us-gaap Minority Interest In Net Income Loss Joint Venture Partners
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1369000 USD
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us-gaap Minority Interest In Net Income Loss Operating Partnerships
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CY2012Q2 us-gaap Minority Interest In Net Income Loss Operating Partnerships
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us-gaap Minority Interest In Net Income Loss Operating Partnerships
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1729000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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60077000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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68204000 USD
us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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2196000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
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1730000 USD
us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
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39000 USD
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us-gaap Occupancy Costs
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us-gaap Occupancy Costs
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76251000 USD
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us-gaap Occupancy Revenue
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53622000 USD
CY2012Q2 us-gaap Operating Income Loss
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31097000 USD
us-gaap Operating Income Loss
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53442000 USD
CY2011Q2 us-gaap Operating Income Loss
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35675000 USD
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0 USD
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0 USD
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2704000 USD
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3933000 USD
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CY2011Q4 us-gaap Other Assets
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4851000 USD
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182000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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376000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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CY2011Q2 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2011Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2012Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2011Q2 us-gaap Other Direct Costs Of Hotels
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75715000 USD
us-gaap Other Direct Costs Of Hotels
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145061000 USD
us-gaap Other Direct Costs Of Hotels
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134402000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
20015000 USD
CY2011Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
10253000 USD
CY2012Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
10453000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
19599000 USD
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30739000 USD
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5435000 USD
CY2011Q4 us-gaap Other Liabilities
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5400000 USD
us-gaap Other Nonoperating Income
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66160000 USD
us-gaap Other Nonoperating Income
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14317000 USD
CY2011Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
18157000 USD
CY2012Q2 us-gaap Other Nonoperating Income
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6703000 USD
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10047000 USD
us-gaap Owned Property Management Costs
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19198000 USD
us-gaap Owned Property Management Costs
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18043000 USD
us-gaap Proceeds From Issuance Of Common Stock
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0 USD
us-gaap Proceeds From Issuance Of Common Stock
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2814000 USD
CY2011Q2 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
9184000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
28348000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
44086000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
25000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
137000 USD
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
-16028000 USD
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
-36407000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-970000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-64000 USD
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
32739000 USD
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
0 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
72986000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
21909000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
35044000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
2369000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
3666000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
145750000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
16822000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
31326000 USD
CY2012Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8490000 USD
CY2011Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
24771000 USD
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
13897000 USD
CY2011Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
11308000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
22487000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
123000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
748000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
25000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
135000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
80832000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
15983000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
300000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
0 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
144077000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
-5940000 USD
us-gaap Profit Loss
ProfitLoss
36620000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
22680000 USD
us-gaap Profit Loss
ProfitLoss
-30493000 USD
CY2011Q2 us-gaap Profit Loss
ProfitLoss
-7262000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3561806000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3599989000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2929113000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2957899000 USD
CY2011Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
12661000 USD
CY2012Q2 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
12691000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2957899000 USD
CY2012Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2929113000 USD
CY2011Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
11769000 USD
CY2012Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
10525000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
22656000 USD
CY2011Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
CY2012Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-1303000 USD
CY2011 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.0609
CY2012Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
126466000 USD
CY2011Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
112796000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
150494000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
180912000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
84069000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-609272000 USD
CY2012Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
76558000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-679533000 USD
CY2011Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
230019000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
474868000 USD
CY2012Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
249056000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
441741000 USD
us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Hotel revenues, including room, food, beverage, and ancillary revenues such as long-distance telephone service, laundry, parking, and space rentals, are recognized when services have been rendered. In </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2011</font><font style="font-family:inherit;font-size:10pt;">, rental income represents income from leasing a hotel property to a third-party tenant on a triple-net operating lease, which included base rent recognized on a straight-line basis over the lease term and variable rent recognized when earned. The remaining </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">11%</font><font style="font-family:inherit;font-size:10pt;"> ownership in this hotel property was assigned to us in December 2011 and the lease agreement was canceled. Interest income is recognized when earned. We discontinue recording interest and amortizing discounts/premiums when the contractual payment of interest and/or principal is not received. Asset management fees are recognized when services are rendered. Sales taxes collected from customers and submitted to taxing authorities are not recorded in revenue.</font></div></div>
us-gaap Revenues
Revenues
441889000 USD
CY2012Q2 us-gaap Revenues
Revenues
249133000 USD
us-gaap Revenues
Revenues
475020000 USD
CY2011Q2 us-gaap Revenues
Revenues
230099000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5360000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9369000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
15983000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
917942000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
973407000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
934432000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
989821000 USD
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
56732856 shares
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
56864476 shares
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
164829000 USD
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
164796000 USD
CY2011Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-29905000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-57851000 USD
CY2012Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-20802000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-5602000 USD
CY2011Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-17733000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-7458000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-34550000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-17399000 USD
CY2011Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-24000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-102000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-16000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-111000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
39000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
3413000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1628000 USD
CY2011Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
39000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58157000 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59482000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67396000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67639000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67639000 shares
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59482000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58157000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67396000 shares
aht Accounts Receivable And Inventories
AccountsReceivableAndInventories
12148000 USD

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