2016 Q4 Form 10-Q Financial Statement

#000157408516000218 Filed on November 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q4
Revenue $93.98M $99.65M $88.16M
YoY Change 6.6% 9.8% 14.86%
Cost Of Revenue $26.20M $28.20M $24.30M
YoY Change 7.82% 10.59% 18.54%
Gross Profit $67.80M $71.40M $63.80M
YoY Change 6.27% 9.34% 13.52%
Gross Profit Margin 72.15% 71.65% 72.37%
Selling, General & Admin $39.70M $44.50M $38.60M
YoY Change 2.85% 20.6% 17.33%
% of Gross Profit 58.55% 62.32% 60.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.56M $11.17M $11.44M
YoY Change 1.05% -1.15% 8.44%
% of Gross Profit 17.05% 15.64% 17.93%
Operating Expenses $53.90M $60.10M $58.20M
YoY Change -7.39% 16.25% 24.36%
Operating Profit $13.93M $11.25M $5.387M
YoY Change 158.51% -15.16% -43.07%
Interest Expense -$12.50M -$14.10M -$11.60M
YoY Change 7.76% -30.88% 17.17%
% of Operating Profit -89.76% -125.37% -215.33%
Other Income/Expense, Net -$100.0K -$100.0K $0.00
YoY Change 0.0%
Pretax Income $1.400M $20.82M -$6.200M
YoY Change -122.58% -388.34% 1140.0%
Income Tax $600.0K -$504.0K -$100.0K
% Of Pretax Income 42.86% -2.42%
Net Earnings $404.0K $16.86M -$6.390M
YoY Change -106.32% -346.46% 211.4%
Net Earnings / Revenue 0.43% 16.92% -7.25%
Basic Earnings Per Share $0.61
Diluted Earnings Per Share -$0.03 $0.55 -$0.26
COMMON SHARES
Basic Shares Outstanding 25.97M shares 25.55M shares 28.47M shares
Diluted Shares Outstanding 25.53M shares 33.87M shares 28.33M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $126.8M $128.6M $105.0M
YoY Change 20.76% 50.06% -38.74%
Cash & Equivalents $126.8M $128.6M $105.0M
Short-Term Investments
Other Short-Term Assets $3.700M $4.500M $3.100M
YoY Change 19.35% 21.62% 29.17%
Inventory $1.479M $1.401M $1.451M
Prepaid Expenses
Receivables $18.20M $17.50M $13.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $150.2M $152.0M $123.0M
YoY Change 22.11% 46.29% -34.19%
LONG-TERM ASSETS
Property, Plant & Equipment $1.015B $1.019B $1.091B
YoY Change -7.05% -1.47% 10.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.400M $0.00 $48.37M
YoY Change -82.63% -100.0%
Other Assets $38.90M $41.20M $33.90M
YoY Change 14.75% 14.76% 9.71%
Total Long-Term Assets $1.107B $1.112B $1.230B
YoY Change -10.0% -5.29% 18.35%
TOTAL ASSETS
Total Short-Term Assets $150.2M $152.0M $123.0M
Total Long-Term Assets $1.107B $1.112B $1.230B
Total Assets $1.257B $1.264B $1.353B
YoY Change -7.08% -1.09% 10.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.80M $51.10M $43.60M
YoY Change 2.75% 36.27% 48.81%
Accrued Expenses
YoY Change
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 $58.40M $60.80M $55.10M
YoY Change 5.99% 36.94% 56.98%
LONG-TERM LIABILITIES
Long-Term Debt $764.6M $766.0M $835.6M
YoY Change -8.5% 0.75% 9.7%
Other Long-Term Liabilities $5.100M $5.000M $5.000M
YoY Change 2.0% 0.0% -3.85%
Total Long-Term Liabilities $769.7M $771.0M $840.6M
YoY Change -8.43% 0.74% 9.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.40M $60.80M $55.10M
Total Long-Term Liabilities $769.7M $771.0M $840.6M
Total Liabilities $828.1M $831.9M $895.7M
YoY Change -7.55% 2.73% 11.68%
SHAREHOLDERS EQUITY
Retained Earnings -$93.25M -$90.66M -$99.77M
YoY Change -6.53% 8.49% 1.59%
Common Stock $260.0K $256.0K $285.0K
YoY Change -8.77% -13.8% 16.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $308.8M $309.1M $338.9M
YoY Change
Total Liabilities & Shareholders Equity $1.257B $1.264B $1.353B
YoY Change -7.08% -1.09% 10.34%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income $404.0K $16.86M -$6.390M
YoY Change -106.32% -346.46% 211.4%
Depreciation, Depletion And Amortization $11.56M $11.17M $11.44M
YoY Change 1.05% -1.15% 8.44%
Cash From Operating Activities $11.69M $15.35M $16.14M
YoY Change -27.57% 12.95% 10.78%
INVESTING ACTIVITIES
Capital Expenditures -$6.800M -$9.670M -$67.22M
YoY Change -89.88% -88.39% 1060.97%
Acquisitions
YoY Change
Other Investing Activities $690.0K $82.73M $660.0K
YoY Change 4.55% -552.82% -43.59%
Cash From Investing Activities -$6.120M $73.07M -$66.58M
YoY Change -90.81% -171.95% 1347.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.66M -89.05M 73.25M
YoY Change -114.55% 1207.64% -443.74%
NET CHANGE
Cash From Operating Activities 11.69M 15.35M 16.14M
Cash From Investing Activities -6.120M 73.07M -66.58M
Cash From Financing Activities -10.66M -89.05M 73.25M
Net Change In Cash -5.090M -630.0K 22.81M
YoY Change -122.31% -99.34% -301.15%
FREE CASH FLOW
Cash From Operating Activities $11.69M $15.35M $16.14M
Capital Expenditures -$6.800M -$9.670M -$67.22M
Free Cash Flow $18.49M $25.02M $83.36M
YoY Change -77.82% -74.17% 309.43%

Facts In Submission

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CommonStockSharesAuthorized
200000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2015Q4 us-gaap Common Stock Shares Outstanding
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28471775 shares
CY2016Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2015Q4 us-gaap Common Stock Value
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CY2016Q3 us-gaap Common Stock Value
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CY2015Q3 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2015Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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1090000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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1068000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2504000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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2569000 USD
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1417000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
21322000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
23475000 USD
CY2015Q4 us-gaap Construction In Progress Gross
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2386000 USD
CY2016Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
6369000 USD
CY2015Q4 us-gaap Cost Method Investments
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10377000 USD
CY2016Q3 us-gaap Cost Method Investments
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9286000 USD
us-gaap Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
5621000 USD
us-gaap Costmethod Investments Other Than Temporary Impairment
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1091000 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
77503000 USD
us-gaap Costs And Expenses
CostsAndExpenses
220796000 USD
CY2016Q3 us-gaap Costs And Expenses
CostsAndExpenses
88404000 USD
us-gaap Costs And Expenses
CostsAndExpenses
278665000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
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840232000 USD
CY2016Q3 us-gaap Debt Instrument Carrying Amount
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768949000 USD
CY2015Q4 us-gaap Deferred Costs Current And Noncurrent
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755000 USD
CY2016Q3 us-gaap Deferred Costs Current And Noncurrent
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139000 USD
CY2015Q4 us-gaap Deferred Finance Costs Net
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4640000 USD
CY2016Q3 us-gaap Deferred Finance Costs Net
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2919000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
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357000 USD
CY2015Q3 us-gaap Depreciation And Amortization
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11308000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
32384000 USD
CY2016Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11175000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
34342000 USD
CY2015Q4 us-gaap Derivative Assets
DerivativeAssets
753000 USD
CY2016Q3 us-gaap Derivative Assets
DerivativeAssets
3012000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
753000 USD
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3012000 USD
CY2015Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2016Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-1960000 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-1994000 USD
CY2015Q3 us-gaap Direct Costs Of Hotels
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56339000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
160790000 USD
CY2016Q3 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
64939000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
200378000 USD
CY2015Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
CY2016Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
26359000 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
26359000 USD
CY2015Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2900000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
6500000 USD
CY2016Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3100000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9070000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9100000 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
3439000 USD
CY2016Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4876000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
2866000 USD
CY2015Q4 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2016Q3 us-gaap Due From Affiliates
DueFromAffiliates
7000 USD
CY2015Q4 us-gaap Due From Related Parties
DueFromRelatedParties
371000 USD
CY2016Q3 us-gaap Due From Related Parties
DueFromRelatedParties
454000 USD
CY2015Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
528000 USD
CY2016Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2015Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
6369000 USD
CY2016Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
3721000 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
48365000 USD
CY2016Q3 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2015Q3 us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
-7682000 USD
us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
-6654000 USD
CY2016Q3 us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
-4448000 USD
us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
1049000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
23160000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22920000 USD
CY2015Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
12318000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
38926000 USD
CY2016Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
15944000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
51656000 USD
CY2015Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
16346000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
58368000 USD
CY2016Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
20106000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
72022000 USD
CY2015Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
68529000 USD
CY2016Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
66584000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1502000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3810000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2653000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16414000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7220000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1788000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20818000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24497000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3399000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4219000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2587000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
62000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
371000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-504000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1022000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1788000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
379000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6079000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7928000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-757000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-535000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
6000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-104000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
173000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1036000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1346000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
654000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
13912000 USD
CY2016Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
3824000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2015Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
9348000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
28060000 USD
CY2016Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
9795000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
31066000 USD
us-gaap Interest Paid
InterestPaid
25830000 USD
us-gaap Interest Paid
InterestPaid
29039000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
1451000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
1401000 USD
CY2015Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
12000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
21000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
50000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
132000 USD
CY2015Q4 us-gaap Land
Land
227620000 USD
CY2016Q3 us-gaap Land
Land
210696000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
895675000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
831861000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1352750000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1264128000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
835592000 USD
CY2016Q3 us-gaap Long Term Debt
LongTermDebt
766030000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
1068000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
0 USD
CY2015Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1068000 USD
CY2016Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
CY2015Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
CY2016Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
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CY2016Q3 us-gaap Minority Interest
MinorityInterest
-5899000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
2135000 USD
CY2015Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.25
CY2016Q3 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.25
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34207000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-124974000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-112772000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
114764000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7166000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33796000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-6840000 USD
us-gaap Net Income Loss
NetIncomeLoss
-322000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
16858000 USD
us-gaap Net Income Loss
NetIncomeLoss
18912000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1090000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1068000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2504000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2569000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7735000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1415000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15864000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16046000 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
51292000 USD
CY2015Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
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us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
671000 USD
CY2016Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1960000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1994000 USD
CY2015Q4 us-gaap Notes Receivable Net
NotesReceivableNet
8098000 USD
CY2016Q3 us-gaap Notes Receivable Net
NotesReceivableNet
8098000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2016Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
11 hotel
CY2016Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
6 state
CY2016Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
3702 hotel
CY2015Q3 us-gaap Occupancy Costs
OccupancyCosts
14804000 USD
us-gaap Occupancy Costs
OccupancyCosts
41895000 USD
CY2016Q3 us-gaap Occupancy Costs
OccupancyCosts
16926000 USD
us-gaap Occupancy Costs
OccupancyCosts
49841000 USD
CY2015Q3 us-gaap Occupancy Revenue
OccupancyRevenue
70584000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
192868000 USD
CY2016Q3 us-gaap Occupancy Revenue
OccupancyRevenue
73944000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
222778000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
13256000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
40589000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
11247000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
33215000 USD
CY2015Q4 us-gaap Other Assets
OtherAssets
2543000 USD
CY2016Q3 us-gaap Other Assets
OtherAssets
1623000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2015Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
25508000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
69405000 USD
CY2016Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
28249000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
86923000 USD
CY2015Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
3795000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
10038000 USD
CY2016Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
5568000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
16977000 USD
CY2015Q4 us-gaap Other Liabilities
OtherLiabilities
1181000 USD
CY2016Q3 us-gaap Other Liabilities
OtherLiabilities
1354000 USD
CY2015Q3 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
59000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
-1233000 USD
CY2016Q3 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
78000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
88000 USD
CY2015Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
34000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
111000 USD
CY2016Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
33000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
103000 USD
CY2015Q3 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
3709000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
10564000 USD
CY2016Q3 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
3820000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
11958000 USD
CY2015Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-7784000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-1512000 USD
CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
15628000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
15892000 USD
CY2015Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-7784000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-1512000 USD
CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
18582000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
17886000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
13945000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
16615000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
8000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
5000 USD
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
105878000 USD
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8875000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
39224000 USD
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
5856000 USD
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1199000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2664000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
7725000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
12284000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
81780000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
16623000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2938000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3766000 USD
CY2015Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2016Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
994000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
895000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1093000 USD
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
994000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2866000 USD
CY2015Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3132000 USD
CY2016Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4495000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
24000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3104000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
70000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
62597000 USD
us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
4233000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
19000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
43489000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
206000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
82732000 USD
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
55654000 USD
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
0 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
-7282000 USD
us-gaap Profit Loss
ProfitLoss
1417000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
21322000 USD
us-gaap Profit Loss
ProfitLoss
23475000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1315621000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1252871000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1091479000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1018889000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
113000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
156000 USD
CY2015Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
61781000 USD
CY2016Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
63095000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
74886000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
71283000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
33135000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
41098000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-99773000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-90662000 USD
CY2015Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
90725000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
261274000 USD
CY2016Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
99618000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
311777000 USD
CY2015Q3 us-gaap Revenues
Revenues
90759000 USD
us-gaap Revenues
Revenues
261385000 USD
CY2016Q3 us-gaap Revenues
Revenues
99651000 USD
us-gaap Revenues
Revenues
311880000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2100000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3539000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2015Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
39224000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
338859000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
309111000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
333046000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
303212000 USD
CY2015Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
62248000 USD
CY2016Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
65960000 USD
CY2015Q3 us-gaap Undistributed Earnings
UndistributedEarnings
-10617000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-7961000 USD
CY2016Q3 us-gaap Undistributed Earnings
UndistributedEarnings
12564000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
6851000 USD
CY2015Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2061000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2101000 USD
CY2016Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3912000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2218000 USD
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27162000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25109000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33874000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31887000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27162000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25109000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25554000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27261000 shares
CY2015Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
54000 USD
CY2016Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2595000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2595000 USD
us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">&#8212;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. Taxes collected from customers and submitted to taxing authorities are not recorded in revenue.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">&#8212;The preparation of these condensed 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>

Files In Submission

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0001574085-16-000218-index-headers.html Edgar Link pending
0001574085-16-000218-index.html Edgar Link pending
0001574085-16-000218.txt Edgar Link pending
0001574085-16-000218-xbrl.zip Edgar Link pending
ahp-20160930.xml Edgar Link completed
ahp-20160930.xsd Edgar Link pending
ahp-20160930_cal.xml Edgar Link unprocessable
ahp-20160930_def.xml Edgar Link unprocessable
ahp-20160930_lab.xml Edgar Link unprocessable
ahp-20160930_pre.xml Edgar Link unprocessable
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