2016 Q4 Form 10-Q Financial Statement
#000157408516000218 Filed on November 09, 2016
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
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
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Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
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Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
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|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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|
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Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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IncrementalCommonSharesAttributabletoAssumedConversionofOperatingPartnershipUnits
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Incremental Common Shares Attributableto Assumed Conversionof Operating Partnership Units
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Incremental Common Shares Attributableto Dilutive Effectof Incentive Fee Shares
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Incremental Common Shares Attributableto Dilutive Effectof Incentive Fee Shares
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dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
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Document Type
DocumentType
|
10-Q | ||
ahp |
Accrued Preferred Stock Offering Expense
AccruedPreferredStockOfferingExpense
|
258000 | USD | |
ahp |
Accrued Preferred Stock Offering Expense
AccruedPreferredStockOfferingExpense
|
0 | USD | |
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Advisory Agreement Asset Multiplier
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|
0.007 | |
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Advisory Services Fee
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Advisory Services Fee
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Advisory Services Fee
AdvisoryServicesFee
|
4454000 | USD |
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Advisory Services Fee
AdvisoryServicesFee
|
12353000 | USD | |
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Amortizationof Intangible Liabilities Including Depreciationand Amortization
AmortizationofIntangibleLiabilitiesIncludingDepreciationandAmortization
|
110000 | USD | |
ahp |
Amortizationof Intangible Liabilities Including Depreciationand Amortization
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|
-71000 | USD | |
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Cash Distributions Declared
CashDistributionsDeclared
|
438000 | USD |
ahp |
Cash Distributions Declared
CashDistributionsDeclared
|
1700000 | USD | |
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Cash Distributions Declared
CashDistributionsDeclared
|
572000 | USD |
ahp |
Cash Distributions Declared
CashDistributionsDeclared
|
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Derivative Asset Fair Value Disclosure
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Derivative Asset Fair Value Disclosure
DerivativeAssetFairValueDisclosure
|
3012000 | USD |
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Dividends Declaredbut Not Paid
DividendsDeclaredbutNotPaid
|
3320000 | USD | |
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Dividends Declaredbut Not Paid
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Dividends Payable Estimated Fair Value
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Due From Related Party Fair Value Disclosure
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Due From Related Party Fair Value Disclosure
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454000 | USD |
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Due From Third Party Hotel Managers
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Due To Third Party Hotel Managers Fair Value Disclosure
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Due To Third Party Hotel Managers Fair Value Disclosure
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Dueto Related Parties Fair Value Disclosure
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Forfeitureof Restricted Sharesor Units
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Increase Decrease In Due To From Third Party Hotel Managers
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Increase Decrease In Due To From Third Party Hotel Managers
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Increase Decreasein Accounts Receivable And Inventories
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Increase Decreasein Due To Affiliates2
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Increase Decrease In Restricted Cash For Operating Activities
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Incremental Common Shares Attributable To Conversion Of Preferred Stock
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|
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Incremental Common Shares Attributableto Dilutive Effectof Incentive Fee Shares
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Maturity Period Of Cash And Cash Equivalents Maximum
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|
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|
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Net Income Loss Attributable To Antidilutive Securities
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|
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Net Income Loss Attributable To Antidilutive Securities
NetIncomeLossAttributableToAntidilutiveSecurities
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ahp |
Net Income Loss Attributable To Antidilutive Securities
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|
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Net Income Loss Excluding Redeemable Noncontrolling Interests Net Income Loss
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|
21481000 | USD | |
ahp |
Non Cash Preferred Stock Offering Expense
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|
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ahp |
Non Cash Preferred Stock Offering Expense
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|
479000 | USD | |
ahp |
Noncash Investingand Financing Activities Spinoff Costs
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Noncash Investingand Financing Activities Spinoff Costs
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|
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Number Of Hotel Properties Managed By Related Party
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|
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Number Of Hotel Properties With Joint Venture Interests
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|
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Number Of Hotel Properties With Joint Venture Interests
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|
2 | hotel |
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Numberof Unitsin Real Estate Property Net Partnership Interest
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|
3467 | hotel |
ahp |
Paymentsfor Derivative Instruments Operating Activities
PaymentsforDerivativeInstrumentsOperatingActivities
|
3853000 | USD | |
ahp |
Paymentsfor Derivative Instruments Operating Activities
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|
114000 | USD | |
CY2015Q4 | ahp |
Preferred Stock Conversion Rate
PreferredStockConversionRate
|
1.3228 | |
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Property Taxes Insuranceand Other
PropertyTaxesInsuranceandOther
|
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ahp |
Property Taxes Insuranceand Other
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|
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Property Taxes Insuranceand Other
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|
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ahp |
Property Taxes Insuranceand Other
PropertyTaxesInsuranceandOther
|
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Realizedand Unrealized Gain Losson Derivatives
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|
-2101000 | USD | |
ahp |
Realizedand Unrealized Gain Losson Derivatives
RealizedandUnrealizedGainLossonDerivatives
|
2140000 | USD | |
ahp |
Receivables Relatedto Liquidationof Fund
ReceivablesRelatedtoLiquidationofFund
|
0 | USD | |
ahp |
Receivables Relatedto Liquidationof Fund
ReceivablesRelatedtoLiquidationofFund
|
2289000 | USD | |
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Restricted Cash Estimated Fair Value
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|
33135000 | USD |
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Restricted Cash Estimated Fair Value
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|
41098000 | USD |
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Significance Of Current Credit Spreads To Level Three Input Considerations
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|
0.1 | |
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Temporary Equity Comprehensive Income
TemporaryEquityComprehensiveIncome
|
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ahp |
Temporary Equity Comprehensive Income
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|
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Temporary Equity Comprehensive Income
TemporaryEquityComprehensiveIncome
|
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ahp |
Temporary Equity Comprehensive Income
TemporaryEquityComprehensiveIncome
|
1994000 | USD | |
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Temporary Equity Conversion Fairvalue
TemporaryEquityConversionFairvalue
|
1100000 | USD |
ahp |
Temporary Equity Conversion Fairvalue
TemporaryEquityConversionFairvalue
|
1600000 | USD | |
ahp |
Temporary Equity Decrease From Distributions To Noncontrolling Interest Holders
TemporaryEquityDecreaseFromDistributionsToNoncontrollingInterestHolders
|
2655000 | USD | |
CY2015Q3 | ahp |
Temporary Equity Shares Converted
TemporaryEquitySharesConverted
|
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ahp |
Temporary Equity Shares Converted
TemporaryEquitySharesConverted
|
100000 | shares | |
CY2015Q4 | ahp |
Unfavorable Management Contract Liabilities
UnfavorableManagementContractLiabilities
|
158000 | USD |
CY2016Q3 | ahp |
Unfavorable Management Contract Liabilities
UnfavorableManagementContractLiabilities
|
0 | USD |
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Unrealized Gain Losson Investmentin Affiliated Entity
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|
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ahp |
Unrealized Gain Losson Investmentin Affiliated Entity
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|
-5621000 | USD | |
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Unrealized Gain Losson Investmentin Affiliated Entity
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|
-458000 | USD |
ahp |
Unrealized Gain Losson Investmentin Affiliated Entity
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|
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dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-09-30 | ||
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Entity Central Index Key
EntityCentralIndexKey
|
0001574085 | ||
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Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
25969239 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Ashford Hospitality Prime, Inc. | ||
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
43568000 | USD |
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Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
51123000 | USD |
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Accounts Payable And Accrued Liabilities Fair Value Disclosure
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|
43568000 | USD |
CY2016Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Fair Value Disclosure
AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
|
51123000 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
|
13370000 | USD |
CY2016Q3 | us-gaap |
Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
|
17527000 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
13370000 | USD |
CY2016Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
17527000 | USD |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
224142000 | USD |
CY2016Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
233982000 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
438347000 | USD |
CY2016Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
399517000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
365000 | USD | |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
68000 | USD |
CY2016Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
73000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1835000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2406000 | USD | |
CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9069000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8951000 | shares | |
CY2016Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
121000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3721000 | shares | |
CY2015Q4 | us-gaap |
Assets
Assets
|
1352750000 | USD |
CY2016Q3 | us-gaap |
Assets
Assets
|
1264128000 | USD |
CY2015Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
11130000 | USD |
CY2016Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
12298000 | USD |
CY2015Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
3682000 | USD |
CY2016Q3 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
3640000 | USD |
CY2015Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
1017086000 | USD |
CY2016Q3 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
969222000 | USD |
CY2015Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
255000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
255000 | USD | |
CY2016Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
63000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
501000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
613000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1181000 | USD | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
171439000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
105039000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
128625000 | USD |
CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
85708000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
128625000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
105039000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
128625000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-85731000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
23586000 | USD | |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.10 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | ||
CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.34 | ||
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
28471775 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
25646528 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
28471775 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
25646528 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
285000 | USD |
CY2016Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
256000 | USD |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6840000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-322000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
16858000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
18912000 | USD | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1090000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
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
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2569000 | USD | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-7282000 | USD |
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
ConstructionInProgressGross
|
2386000 | USD |
CY2016Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
6369000 | USD |
CY2015Q4 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
10377000 | USD |
CY2016Q3 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
9286000 | USD |
us-gaap |
Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
|
5621000 | USD | |
us-gaap |
Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
|
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
DebtInstrumentCarryingAmount
|
840232000 | USD |
CY2016Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
768949000 | USD |
CY2015Q4 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
755000 | USD |
CY2016Q3 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
139000 | USD |
CY2015Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
4640000 | USD |
CY2016Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
2919000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-918000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
357000 | USD | |
CY2015Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
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
DirectCostsOfHotels
|
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
|
-2587000 | USD | |
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
|
-5158000 | USD | |
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
|
-5813000 | USD |
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
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
-1532000 | USD |
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;">—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;">—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> |