2023 Q4 Form 10-Q Financial Statement
#000095017023060274 Filed on November 07, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $312.5M | $358.3M |
YoY Change | 4.46% | 5.02% |
Cost Of Revenue | $136.5M | $203.7M |
YoY Change | 5.41% | 5.51% |
Gross Profit | $175.9M | $154.6M |
YoY Change | 3.73% | 4.37% |
Gross Profit Margin | 56.31% | 43.14% |
Selling, General & Admin | $85.55M | $91.80M |
YoY Change | 6.88% | 7.72% |
% of Gross Profit | 48.62% | 59.4% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $45.84M | $45.50M |
YoY Change | -0.16% | 0.81% |
% of Gross Profit | 26.05% | 29.44% |
Operating Expenses | $131.4M | $137.3M |
YoY Change | 4.31% | 5.33% |
Operating Profit | $44.55M | $76.30M |
YoY Change | 2.04% | 1.17% |
Interest Expense | -$17.88M | -$17.50M |
YoY Change | 19.64% | 17.19% |
% of Operating Profit | -40.14% | -22.94% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $21.03M | $58.83M |
YoY Change | 727.8% | -2.73% |
Income Tax | $261.0K | $313.0K |
% Of Pretax Income | 1.24% | 0.53% |
Net Earnings | $20.77M | $58.51M |
YoY Change | 798.14% | -1.07% |
Net Earnings / Revenue | 6.65% | 16.33% |
Basic Earnings Per Share | $0.26 | |
Diluted Earnings Per Share | $0.09 | $0.26 |
COMMON SHARES | ||
Basic Shares Outstanding | 228.8M | 228.8M |
Diluted Shares Outstanding | 228.9M |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $10.29M | $35.40M |
YoY Change | 152.32% | 38.43% |
Cash & Equivalents | $10.29M | $35.37M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $36.44M | $60.80M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $46.72M | $96.20M |
YoY Change | -1.44% | 6.08% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.777B | $4.549B |
YoY Change | 3.61% | -0.4% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $48.61M | $33.70M |
YoY Change | 23.28% | -13.19% |
Total Long-Term Assets | $4.891B | $4.668B |
YoY Change | 3.5% | -0.4% |
TOTAL ASSETS | ||
Total Short-Term Assets | $46.72M | $96.20M |
Total Long-Term Assets | $4.891B | $4.668B |
Total Assets | $4.937B | $4.764B |
YoY Change | 3.45% | -0.28% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $98.53M | $86.60M |
YoY Change | -15.11% | 10.71% |
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 | $129.9M | $104.9M |
YoY Change | 11.95% | 11.34% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.483B | $1.485B |
YoY Change | 0.35% | 3.84% |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $1.483B | $1.485B |
YoY Change | 0.35% | 3.84% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $129.9M | $104.9M |
Total Long-Term Liabilities | $1.483B | $1.485B |
Total Liabilities | $1.613B | $1.590B |
YoY Change | 1.19% | 4.3% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $4.795B | $4.580B |
YoY Change | 4.76% | 0.02% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $3.324B | $3.174B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.937B | $4.764B |
YoY Change | 3.45% | -0.28% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $20.77M | $58.51M |
YoY Change | 798.14% | -1.07% |
Depreciation, Depletion And Amortization | $45.84M | $45.50M |
YoY Change | -0.16% | 0.81% |
Cash From Operating Activities | $96.84M | $131.6M |
YoY Change | 1.68% | 8.77% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $22.77M | $14.20M |
YoY Change | -6.91% | -243.41% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$255.8M | -$4.800M |
YoY Change | 207.32% | -171.74% |
Cash From Investing Activities | -$278.5M | -$19.00M |
YoY Change | 158.67% | 491.72% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 156.2M | -81.70M |
YoY Change | -1949.09% | -18.82% |
NET CHANGE | ||
Cash From Operating Activities | 96.84M | 131.6M |
Cash From Investing Activities | -278.5M | -19.00M |
Cash From Financing Activities | 156.2M | -81.70M |
Net Change In Cash | -25.49M | 30.90M |
YoY Change | 22.09% | 80.22% |
FREE CASH FLOW | ||
Cash From Operating Activities | $96.84M | $131.6M |
Capital Expenditures | $22.77M | $14.20M |
Free Cash Flow | $74.08M | $117.4M |
YoY Change | 4.64% | -10.31% |
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|
58512000 | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.24 | |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
54856000 | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3173911000 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3221626000 | |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
996000 | |
CY2022Q3 | aple |
Equity Issuance Costs
EquityIssuanceCosts
|
12000 | |
CY2022Q3 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
1376000 | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
16024000 | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
59146000 | |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.19 | |
CY2022Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
43408000 | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3252996000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3178395000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
10145000 | ||
aple |
Equity Issuance Costs
EquityIssuanceCosts
|
94000 | ||
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
6880000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
530000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
156724000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.72 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
164909000 | ||
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3173911000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3147321000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
11585000 | ||
aple |
Equity Issuance Costs
EquityIssuanceCosts
|
218000 | ||
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
1521000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
53862000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
142493000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.44 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
100526000 | ||
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3252996000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
156724000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
142493000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
137398000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
135781000 | ||
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
1785000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-6611000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-6582000 | ||
aple |
Increase Decrease In Due From Third Party Managers
IncreaseDecreaseInDueFromThirdPartyManagers
|
17514000 | ||
aple |
Increase Decrease In Due From Third Party Managers
IncreaseDecreaseInDueFromThirdPartyManagers
|
25058000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
6862000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4069000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
25807000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
19257000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
302164000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
273201000 | ||
us-gaap |
Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
|
30980000 | ||
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
5779000 | ||
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
1602000 | ||
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
49336000 | ||
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
34921000 | ||
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
8293000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-86095000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-28230000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
6880000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1521000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5742000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4415000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
183119000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
86792000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
72000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
218000 | ||
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-76000000 | ||
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
50000000 | ||
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
125000000 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
43968000 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
166243000 | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
231000 | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
108000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
506000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
10229000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-190518000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-220526000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
25551000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
24445000 | ||
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
43512000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
39949000 | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
69063000 | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
64394000 | |
us-gaap |
Interest Paid
InterestPaid
|
49583000 | ||
us-gaap |
Interest Paid
InterestPaid
|
42651000 | ||
CY2023Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
18280000 | |
CY2022Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
15981000 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4077000 | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3282000 | |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
39435000 | |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
36667000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
43512000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39949000 | |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
35366000 | |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25573000 | |
CY2023Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
33697000 | |
CY2022Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
38821000 | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
69063000 | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
64394000 | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | ||
CY2023Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
220 | |
CY2023Q3 | us-gaap |
Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
|
28929 | |
CY2023Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
37 | |
CY2023Q3 | aple |
Number Of Properties Leased To Third Parties
NumberOfPropertiesLeasedToThirdParties
|
1 | |
CY2023Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
220 | |
CY2023Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
7588000 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="text-indent:2.267%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></p> | ||
CY2023Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
6178127000 | |
CY2022Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
6103059000 | |
CY2023Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1629340000 | |
CY2022Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1492097000 | |
CY2023Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
4548787000 | |
CY2022Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
4610962000 | |
CY2023Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
220 | |
CY2023Q3 | us-gaap |
Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
|
28929 | |
CY2023Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
37 | |
CY2023Q2 | us-gaap |
Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
|
P15Y | |
CY2022Q4 | us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
50000000 | |
CY2022Q4 | aple |
Term Loan Facility Maximum Borrowing Capacity
TermLoanFacilityMaximumBorrowingCapacity
|
575000000 | |
CY2023Q3 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
1088407000 | |
CY2022Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
1037384000 | |
CY2023Q3 | us-gaap |
Secured Debt
SecuredDebt
|
284861000 | |
CY2022Q4 | us-gaap |
Secured Debt
SecuredDebt
|
328865000 | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1373268000 | |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1366249000 | |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
2245000 | |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
113597000 | |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
295140000 | |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
74649000 | |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
278602000 | |
CY2023Q3 | aple |
Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
|
616014000 | |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1380247000 | |
CY2023Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
-609000 | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1373268000 | |
CY2023Q3 | aple |
Sofr Spread Adjustment Rate
SOFRSpreadAdjustmentRate
|
0.0010 | |
CY2023Q3 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
|
1105247000 | |
CY2023Q3 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.80 | |
CY2022Q4 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
|
1149215000 | |
CY2022Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.84 | |
CY2023Q3 | us-gaap |
Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
|
275000000 | |
CY2023Q3 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.20 | |
CY2022Q4 | us-gaap |
Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
|
225000000 | |
CY2022Q4 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.16 | |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1380247000 | |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1374215000 | |
CY2023Q3 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0434 | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0393 | |
CY2023Q3 | us-gaap |
Secured Debt
SecuredDebt
|
284861000 | |
CY2022Q4 | us-gaap |
Secured Debt
SecuredDebt
|
328865000 | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1400000000 | |
CY2023Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
1300000000 | |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1400000000 | |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
1300000000 | |
CY2023Q3 | us-gaap |
Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
|
37411000 | |
CY2022Q4 | us-gaap |
Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
|
36881000 | |
CY2023Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
20900000 | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
7264000 | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
17130000 | |
CY2023Q3 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
5852000 | |
CY2022Q3 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
1106000 | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
16682000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
50649000 | ||
us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
16152000 | ||
us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
-3213000 | ||
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.24 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.8 | ||
CY2023Q3 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
54800000 | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
183100000 | ||
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.17 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.38 | ||
CY2022Q3 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
38800000 | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
86800000 | ||
CY2023Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.08 | |
CY2023Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
18300000 | |
CY2023Q4 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2023-10-16 | |
CY2022Q4 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.08 | |
CY2022Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
36600000 | |
aple |
Stock Repurchase Program Extended Term
StockRepurchaseProgramExtendedTerm
|
P1Y | ||
CY2023Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
338700000 | |
aple |
Share Repurchase Program End Period
ShareRepurchaseProgramEndPeriod
|
2024-07 | ||
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
500000 | ||
aple |
Stock Repurchased During Period Weighted Average Market Purchase Price Per Share
StockRepurchasedDuringPeriodWeightedAverageMarketPurchasePricePerShare
|
14.34 | ||
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
6900000 | ||
CY2023Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
335400000 | |
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |