2023 Q2 Form 10-Q Financial Statement

#000123258223000051 Filed on May 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $375.7M $328.9M $247.1M
YoY Change 7.94% 33.08% 113.36%
Cost Of Revenue $259.7M $241.7M $193.2M
YoY Change 8.9% 25.06% 77.28%
Gross Profit $116.1M $87.23M $53.90M
YoY Change 5.86% 61.84% 692.66%
Gross Profit Margin 30.89% 26.52% 21.81%
Selling, General & Admin $14.11M $12.37M $13.92M
YoY Change -3.2% -11.12% -20.91%
% of Gross Profit 12.15% 14.18% 25.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.15M $47.86M $52.12M
YoY Change -7.35% -8.18% -9.56%
% of Gross Profit 40.62% 54.86% 96.7%
Operating Expenses $64.33M $63.45M $68.61M
YoY Change -4.96% -7.52% -10.78%
Operating Profit $51.75M $23.75M -$14.61M
YoY Change 22.77% -262.63% -79.15%
Interest Expense -$74.88M -$84.77M -$40.45M
YoY Change 78.52% 109.56% 24.46%
% of Operating Profit -144.7% -356.86%
Other Income/Expense, Net $109.0K $134.0K $101.0K
YoY Change 29.76% 32.67% -55.9%
Pretax Income -$23.97M -$61.30M -$55.68M
YoY Change 3409.81% 10.09% -47.3%
Income Tax $2.062M $221.0K $120.0K
% Of Pretax Income
Net Earnings -$30.26M -$60.92M -$55.43M
YoY Change 390.49% 9.91% -46.2%
Net Earnings / Revenue -8.05% -18.52% -22.43%
Basic Earnings Per Share -$0.85 -$1.88 -$1.71
Diluted Earnings Per Share -$0.88 -$1.88 -$1.71
COMMON SHARES
Basic Shares Outstanding 34.48M shares 34.50M shares 34.27M shares
Diluted Shares Outstanding 34.43M shares 34.38M shares 34.27M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $251.5M $344.9M $548.6M
YoY Change -53.23% -37.12% 143.39%
Cash & Equivalents $251.5M $344.9M $548.6M
Short-Term Investments
Other Short-Term Assets $19.61M $20.53M $17.59M
YoY Change 72.73% 16.73% -1.73%
Inventory $3.918M $3.976M $3.255M
Prepaid Expenses
Receivables $79.15M $86.00M $80.74M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $354.2M $455.4M $650.2M
YoY Change -44.72% -29.95% 116.36%
LONG-TERM ASSETS
Property, Plant & Equipment $3.191B $3.144B $3.200B
YoY Change 1.71% -1.75% -4.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.52M $19.18M $11.10M
YoY Change -3.95% 72.79% 315.11%
Other Assets $180.9M $146.1M $106.8M
YoY Change 8.72% 36.78% 43.33%
Total Long-Term Assets $3.446B $3.374B $3.388B
YoY Change 1.67% -0.41% -3.65%
TOTAL ASSETS
Total Short-Term Assets $354.2M $455.4M $650.2M
Total Long-Term Assets $3.446B $3.374B $3.388B
Total Assets $3.800B $3.829B $4.038B
YoY Change -5.71% -5.17% 5.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $143.5M $136.1M $2.552M
YoY Change 5376.19% 5232.01% 538.0%
Accrued Expenses $61.31M $59.42M $57.50M
YoY Change 9.75% 3.33% -35.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $208.2M $198.7M $182.9M
YoY Change 238.06% 8.64% 104.57%
LONG-TERM LIABILITIES
Long-Term Debt $3.764B $3.805B $3.883B
YoY Change -2.07% -2.01% -1.48%
Other Long-Term Liabilities $6.738M $6.277M $6.861M
YoY Change -81.99% -8.51% -7.28%
Total Long-Term Liabilities $3.771B $3.811B $3.890B
YoY Change -2.84% -2.02% -1.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $208.2M $198.7M $182.9M
Total Long-Term Liabilities $3.771B $3.811B $3.890B
Total Liabilities $4.006B $4.010B $4.075B
YoY Change -1.67% -1.61% -1.42%
SHAREHOLDERS EQUITY
Retained Earnings -$2.628B -$2.599B -$2.442B
YoY Change 7.35% 6.42% 11.59%
Common Stock $345.0K $345.0K $345.0K
YoY Change 0.0% 0.0% -68.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$206.2M -$202.0M -$60.36M
YoY Change
Total Liabilities & Shareholders Equity $3.800B $3.829B $4.038B
YoY Change -5.71% -5.17% 5.8%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$30.26M -$60.92M -$55.43M
YoY Change 390.49% 9.91% -46.2%
Depreciation, Depletion And Amortization $47.15M $47.86M $52.12M
YoY Change -7.35% -8.18% -9.56%
Cash From Operating Activities $30.67M $4.624M -$14.45M
YoY Change -37.39% -131.99% -84.28%
INVESTING ACTIVITIES
Capital Expenditures $38.71M $29.30M -$22.67M
YoY Change -292.4% -229.25% 149.1%
Acquisitions
YoY Change
Other Investing Activities $18.45M -$74.00K $5.319M
YoY Change 3801.27% -101.39% -33.51%
Cash From Investing Activities -$20.25M -$29.37M -$17.35M
YoY Change 3.1% 69.3% 1461.57%
FINANCING ACTIVITIES
Cash Dividend Paid $3.162M $3.104M
YoY Change 1.87%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $50.84M $4.664M
YoY Change 990.05% 7.71%
Cash From Financing Activities -77.63M -$45.52M -$8.937M
YoY Change 372.72% 409.37% -104.08%
NET CHANGE
Cash From Operating Activities 30.67M $4.624M -$14.45M
Cash From Investing Activities -20.25M -$29.37M -$17.35M
Cash From Financing Activities -77.63M -$45.52M -$8.937M
Net Change In Cash -67.22M -$70.27M -$40.74M
YoY Change -620.58% 72.48% -132.39%
FREE CASH FLOW
Cash From Operating Activities $30.67M $4.624M -$14.45M
Capital Expenditures $38.71M $29.30M -$22.67M
Free Cash Flow -$8.042M -$24.67M $8.214M
YoY Change -111.64% -400.39% -109.92%

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-61522000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-55802000 usd
CY2023Q1 aht Comprehensive Income Loss Net Of Tax Portion Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest
-600000 usd
CY2022Q1 aht Comprehensive Income Loss Net Of Tax Portion Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest
-372000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-60922000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-55430000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-150389000 usd
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
56000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
812000 usd
CY2023Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-176000 usd
CY2023Q1 aht Noncontrolling Interest Change In Redemption Value Preferred Stock
NoncontrollingInterestChangeInRedemptionValuePreferredStock
407000 usd
CY2023Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-60922000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-214381000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-2654000 usd
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
118000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1490000 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
87000 usd
CY2022Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-461000 usd
CY2022Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-55430000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-60363000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-61522000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-55802000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
47855000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
52120000 usd
CY2023Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
9000 usd
CY2022Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
33000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
125000 usd
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
127000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
626000 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
669000 usd
CY2023Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
17000 usd
CY2022Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-67000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-396000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-153000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-24000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
103000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
-5415000 usd
CY2022Q1 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
3211000 usd
CY2023Q1 aht Amortization Of Loan Costs Write Off Of Loan Costs And Exit Fees
AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees
4264000 usd
CY2022Q1 aht Amortization Of Loan Costs Write Off Of Loan Costs And Exit Fees
AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees
2048000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1303000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1908000 usd
CY2023Q1 us-gaap Other Noncash Income
OtherNoncashIncome
121000 usd
CY2022Q1 us-gaap Other Noncash Income
OtherNoncashIncome
82000 usd
CY2023Q1 aht Increase Decrease In Accounts Receivable And Inventories
IncreaseDecreaseInAccountsReceivableAndInventories
12572000 usd
CY2022Q1 aht Increase Decrease In Accounts Receivable And Inventories
IncreaseDecreaseInAccountsReceivableAndInventories
15567000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4360000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5304000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12782000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3126000 usd
CY2023Q1 aht Increase Decrease In Due To Related Parties Excluding Amount Due To Affiliates
IncreaseDecreaseInDueToRelatedPartiesExcludingAmountDueToAffiliates
2011000 usd
CY2022Q1 aht Increase Decrease In Due To Related Parties Excluding Amount Due To Affiliates
IncreaseDecreaseInDueToRelatedPartiesExcludingAmountDueToAffiliates
-422000 usd
CY2023Q1 aht Increase Decrease In Due To From Third Party Hotel Managers
IncreaseDecreaseInDueToFromThirdPartyHotelManagers
2248000 usd
CY2022Q1 aht Increase Decrease In Due To From Third Party Hotel Managers
IncreaseDecreaseInDueToFromThirdPartyHotelManagers
5419000 usd
CY2023Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
6456000 usd
CY2022Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
690000 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
366000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-121000 usd
CY2023Q1 aht Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
447000 usd
CY2022Q1 aht Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
-187000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4624000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14454000 usd
CY2023Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
29298000 usd
CY2022Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
22668000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
CY2022Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
357000 usd
CY2023Q1 aht Payments For Initial Franchise Fees
PaymentsForInitialFranchiseFees
149000 usd
CY2022Q1 aht Payments For Initial Franchise Fees
PaymentsForInitialFranchiseFees
0 usd
CY2023Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
75000 usd
CY2022Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
962000 usd
CY2023Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
CY2022Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
4000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29372000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17349000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
449000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
50840000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4664000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6751000 usd
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
146000 usd
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
3162000 usd
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
3104000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
4174000 usd
CY2022Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
856000 usd
CY2023Q1 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
9038000 usd
CY2022Q1 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
167000 usd
CY2023Q1 aht Proceeds From Preferred Stock Offering
ProceedsFromPreferredStockOffering
9925000 usd
CY2022Q1 aht Proceeds From Preferred Stock Offering
ProceedsFromPreferredStockOffering
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45522000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8937000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70270000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-40740000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
559026000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
691644000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
488756000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
650904000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
76923000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
44830000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-58000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14822000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10273000 usd
CY2023Q1 aht Noncash Accrued Stock Offering Costs
NoncashAccruedStockOfferingCosts
0 usd
CY2022Q1 aht Noncash Accrued Stock Offering Costs
NoncashAccruedStockOfferingCosts
28000 usd
CY2023Q1 aht Noncash Accrued Preferred Stock Offering Costs
NoncashAccruedPreferredStockOfferingCosts
21000 usd
CY2022Q1 aht Noncash Accrued Preferred Stock Offering Costs
NoncashAccruedPreferredStockOfferingCosts
0 usd
CY2023Q1 aht Noncash Common Stock Purchases Accrued But Not Paid
NoncashCommonStockPurchasesAccruedButNotPaid
0 usd
CY2022Q1 aht Noncash Common Stock Purchases Accrued But Not Paid
NoncashCommonStockPurchasesAccruedButNotPaid
118000 usd
CY2023Q1 aht Non Cash Preferred Stock Dividends
NonCashPreferredStockDividends
6000 usd
CY2022Q1 aht Non Cash Preferred Stock Dividends
NonCashPreferredStockDividends
0 usd
CY2023Q1 aht Proceeds From Derivative Instrument Unsettled
ProceedsFromDerivativeInstrumentUnsettled
1963000 usd
CY2022Q1 aht Proceeds From Derivative Instrument Unsettled
ProceedsFromDerivativeInstrumentUnsettled
0 usd
CY2023Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
3193000 usd
CY2022Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
3103000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
417064000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
592110000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
141962000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
99534000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
559026000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
691644000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
344935000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
548592000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
143821000 usd
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
102312000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
488756000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
650904000 usd
CY2023Q1 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
22316 room
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—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.</span>
CY2023Q1 aht Number Of Hotels
NumberOfHotels
100 hotel
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
328886000 usd
CY2022Q1 aht Number Of Hotels
NumberOfHotels
100 hotel
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
247138000 usd
CY2023Q1 us-gaap Land
Land
622759000 usd
CY2022Q4 us-gaap Land
Land
622759000 usd
CY2023Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
3623737000 usd
CY2022Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
3650464000 usd
CY2023Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
216440000 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
222665000 usd
CY2023Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
26773000 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
21609000 usd
CY2023Q1 us-gaap Rental Properties
RentalProperties
9887000 usd
CY2022Q4 us-gaap Rental Properties
RentalProperties
9889000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
17269000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
18998000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
4516865000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
4546384000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1417260000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1428053000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
3099605000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
3118331000 usd
CY2023Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2022Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-396000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-153000 usd
CY2023Q1 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2022Q1 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2023Q1 aht London Interbank Offered Rate Libor Rate
LondonInterbankOfferedRateLIBORRate
0.04858
CY2022Q4 aht London Interbank Offered Rate Libor Rate
LondonInterbankOfferedRateLIBORRate
0.04390
CY2023Q1 aht Secured Overnight Financing Rate
SecuredOvernightFinancingRate
0.04800
CY2022Q4 aht Secured Overnight Financing Rate
SecuredOvernightFinancingRate
0.04358
CY2023Q1 aht Interest Expense And Amortization Of Discount Premium And Loan Costs
InterestExpenseAndAmortizationOfDiscountPremiumAndLoanCosts
4173000 usd
CY2022Q1 aht Interest Expense And Amortization Of Discount Premium And Loan Costs
InterestExpenseAndAmortizationOfDiscountPremiumAndLoanCosts
2698000 usd
CY2023Q1 aht Non Cash Loan Principal Amount Amortized
NonCashLoanPrincipalAmountAmortized
3100000 usd
CY2022Q1 aht Non Cash Loan Principal Amount Amortized
NonCashLoanPrincipalAmountAmortized
3800000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
0 usd
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
0 usd
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 usd
CY2023Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 usd
CY2023Q1 aht Fair Value Consideration Threshold For Transfer In Out Of Level3
FairValueConsiderationThresholdForTransferInOutOfLevel3
0.10
CY2023Q1 aht London Interbank Offered Rate Libor Rate
LondonInterbankOfferedRateLIBORRate
0.04858
CY2023Q1 aht Libor Interest Rate Forward Curve Uptrend
LIBORInterestRateForwardCurveUptrend
0.03125
CY2023Q1 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
43700000 usd
CY2023Q1 aht Maturity Period Of Cash And Cash Equivalents Maximum
MaturityPeriodOfCashAndCashEquivalentsMaximum
P90D
CY2023Q1 us-gaap Notes Receivable Net
NotesReceivableNet
5200000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
5100000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-60922000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-55430000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3243000 usd
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3103000 usd
CY2023Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
407000 usd
CY2022Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 usd
CY2023Q1 aht Distributed And Undistributed Income Loss From Continuing Operations Basic
DistributedAndUndistributedIncomeLossFromContinuingOperationsBasic
-64572000 usd
CY2023Q1 aht Distributed And Undistributed Income Loss From Continuing Operations Diluted
DistributedAndUndistributedIncomeLossFromContinuingOperationsDiluted
-64572000 usd
CY2022Q1 aht Distributed And Undistributed Income Loss From Continuing Operations Basic
DistributedAndUndistributedIncomeLossFromContinuingOperationsBasic
-58533000 usd
CY2022Q1 aht Distributed And Undistributed Income Loss From Continuing Operations Diluted
DistributedAndUndistributedIncomeLossFromContinuingOperationsDiluted
-58533000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34381000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34381000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34269000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34269000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.88
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.71
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.88
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.71
CY2023Q1 aht Net Income Loss Attributable To Antidilutive Securities
NetIncomeLossAttributableToAntidilutiveSecurities
-53000 usd
CY2022Q1 aht Net Income Loss Attributable To Antidilutive Securities
NetIncomeLossAttributableToAntidilutiveSecurities
-372000 usd
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3601000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1981000 shares
CY2023Q1 aht Common Unit Limited Partnership Interest Redemption For Common Stock Shares
CommonUnitLimitedPartnershipInterestRedemptionForCommonStockShares
1 shares
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
21617000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
21550000 usd
CY2023Q1 aht Comprehensive Income Loss Net Of Tax Portion Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest
-600000 usd
CY2022Q1 aht Comprehensive Income Loss Net Of Tax Portion Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest
-372000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
0 usd
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
0 usd
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 usd
CY2023Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2023Q1 aht Advisory Services Fee
AdvisoryServicesFee
12986000 usd
CY2022Q1 aht Advisory Services Fee
AdvisoryServicesFee
13386000 usd
CY2020Q4 aht Contribution Agreement Preferred Equity Offering
ContributionAgreementPreferredEquityOffering
400000000 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment

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