2018 Q2 Form 10-Q Financial Statement

#000157408518000062 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $121.1M $116.1M
YoY Change 4.33% 3.26%
Cost Of Revenue $72.21M $32.00M
YoY Change 125.65% 5.61%
Gross Profit $48.91M $84.10M
YoY Change -41.84% 2.44%
Gross Profit Margin 40.38% 72.44%
Selling, General & Admin $45.70M $48.00M
YoY Change -4.79% -11.11%
% of Gross Profit 93.44% 57.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.86M $13.51M
YoY Change 9.99% 19.88%
% of Gross Profit 30.38% 16.06%
Operating Expenses $65.40M $69.60M
YoY Change -6.03% -2.25%
Operating Profit $37.13M $12.41M
YoY Change 199.24% 17.99%
Interest Expense -$18.80M -$11.40M
YoY Change 64.91% 60.56%
% of Operating Profit -50.64% -91.88%
Other Income/Expense, Net -$100.0K -$100.0K
YoY Change 0.0%
Pretax Income $14.06M $865.0K
YoY Change 1524.97% -74.91%
Income Tax $1.202M $479.0K
% Of Pretax Income 8.55% 55.38%
Net Earnings $11.53M -$885.0K
YoY Change -1402.82% -140.45%
Net Earnings / Revenue 9.52% -0.76%
Basic Earnings Per Share $0.30 -$0.09
Diluted Earnings Per Share $0.29 -$0.09
COMMON SHARES
Basic Shares Outstanding 32.01M shares 31.47M shares
Diluted Shares Outstanding 38.59M shares 31.47M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $169.2M $129.7M
YoY Change 30.45% -0.23%
Cash & Equivalents $169.2M $129.7M
Short-Term Investments
Other Short-Term Assets $4.300M $5.800M
YoY Change -25.86% 5.45%
Inventory $1.898M $1.780M
Prepaid Expenses
Receivables $22.30M $18.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $197.7M $155.9M
YoY Change 26.81% 1.1%
LONG-TERM ASSETS
Property, Plant & Equipment $1.278B $1.252B
YoY Change 2.04% 22.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.60M $9.900M
YoY Change 47.47%
Other Assets $83.60M $35.60M
YoY Change 134.83% -64.54%
Total Long-Term Assets $1.419B $1.343B
YoY Change 5.67% 13.71%
TOTAL ASSETS
Total Short-Term Assets $197.7M $155.9M
Total Long-Term Assets $1.419B $1.343B
Total Assets $1.617B $1.499B
YoY Change 7.87% 12.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.00M $54.60M
YoY Change 17.22% -6.35%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $76.00M $69.40M
YoY Change 9.51% -1.42%
LONG-TERM LIABILITIES
Long-Term Debt $985.2M $907.0M
YoY Change 8.62% 16.88%
Other Long-Term Liabilities $21.60M $5.100M
YoY Change 323.53% -91.88%
Total Long-Term Liabilities $1.007B $912.1M
YoY Change 10.38% 8.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $76.00M $69.40M
Total Long-Term Liabilities $1.007B $912.1M
Total Liabilities $1.083B $981.6M
YoY Change 10.31% 7.96%
SHAREHOLDERS EQUITY
Retained Earnings -$87.78M -$99.06M
YoY Change -11.39% -5.63%
Common Stock $325.0K $319.0K
YoY Change 1.88% 21.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $385.5M $369.1M
YoY Change
Total Liabilities & Shareholders Equity $1.617B $1.499B
YoY Change 7.87% 12.25%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $11.53M -$885.0K
YoY Change -1402.82% -140.45%
Depreciation, Depletion And Amortization $14.86M $13.51M
YoY Change 9.99% 19.88%
Cash From Operating Activities $34.71M $26.05M
YoY Change 33.24% 34.07%
INVESTING ACTIVITIES
Capital Expenditures -$190.1M -$102.1M
YoY Change 86.13% 2744.29%
Acquisitions
YoY Change
Other Investing Activities $90.00M $0.00
YoY Change -100.0%
Cash From Investing Activities -$100.1M -$102.1M
YoY Change -2.01% -360.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 159.1M 43.43M
YoY Change 266.29% -263.58%
NET CHANGE
Cash From Operating Activities 34.71M 26.05M
Cash From Investing Activities -100.1M -102.1M
Cash From Financing Activities 159.1M 43.43M
Net Change In Cash 93.73M -32.63M
YoY Change -387.25% -201.65%
FREE CASH FLOW
Cash From Operating Activities $34.71M $26.05M
Capital Expenditures -$190.1M -$102.1M
Free Cash Flow $224.8M $128.2M
YoY Change 75.38% 456.73%

Facts In Submission

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CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
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252331000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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66989000 USD
CY2017Q4 us-gaap Collateral Already Posted Aggregate Fair Value
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370000 USD
CY2018Q2 us-gaap Collateral Already Posted Aggregate Fair Value
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660000 USD
CY2017Q4 us-gaap Commitments And Contingencies
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CY2018Q2 us-gaap Commitments And Contingencies
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0.16
us-gaap Common Stock Dividends Per Share Declared
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CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
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0.16
us-gaap Common Stock Dividends Per Share Declared
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0.32
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
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CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
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CY2017Q4 us-gaap Common Stock Shares Authorized
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CY2018Q2 us-gaap Common Stock Shares Authorized
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CY2017Q4 us-gaap Common Stock Shares Issued
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CY2018Q2 us-gaap Common Stock Shares Issued
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321000 USD
CY2018Q2 us-gaap Common Stock Value
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325000 USD
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us-gaap Comprehensive Income Net Of Tax
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax
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11530000 USD
us-gaap Comprehensive Income Net Of Tax
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15550000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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386000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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97000 USD
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12854000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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17124000 USD
CY2017Q4 us-gaap Construction In Progress Gross
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7899000 USD
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13726000 USD
CY2017Q2 us-gaap Costs And Expenses
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103685000 USD
us-gaap Costs And Expenses
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193731000 USD
CY2018Q2 us-gaap Costs And Expenses
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99702000 USD
us-gaap Costs And Expenses
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187903000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
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CY2017Q4 us-gaap Deferred Costs Current And Noncurrent
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656000 USD
CY2018Q2 us-gaap Deferred Costs Current And Noncurrent
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477000 USD
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5277000 USD
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8621000 USD
CY2017Q2 us-gaap Depreciation And Amortization
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13469000 USD
us-gaap Depreciation And Amortization
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25440000 USD
CY2018Q2 us-gaap Depreciation And Amortization
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14811000 USD
us-gaap Depreciation And Amortization
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27817000 USD
CY2017Q4 us-gaap Derivative Assets
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594000 USD
CY2018Q2 us-gaap Derivative Assets
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1007000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
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594000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Asset
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1007000 USD
CY2017Q2 us-gaap Direct Costs Of Hotels
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73106000 USD
us-gaap Direct Costs Of Hotels
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137040000 USD
CY2018Q2 us-gaap Direct Costs Of Hotels
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72208000 USD
us-gaap Direct Costs Of Hotels
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136027000 USD
CY2017Q2 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
CY2017 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
23800000 USD
CY2018Q2 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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15711000 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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15711000 USD
us-gaap Dividends Common Stock Cash
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10547000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
8146000 USD
CY2018Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
8572000 USD
us-gaap Dividends Preferred Stock Cash
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3415000 USD
CY2017Q4 us-gaap Due From Related Parties
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349000 USD
CY2018Q2 us-gaap Due From Related Parties
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588000 USD
CY2017Q4 us-gaap Due To Affiliate Current And Noncurrent
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1703000 USD
CY2018Q2 us-gaap Due To Affiliate Current And Noncurrent
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1100000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2017 us-gaap Environmental Costs Recognized Recovery Credited To Expense
EnvironmentalCostsRecognizedRecoveryCreditedToExpense
3800000 USD
CY2017 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
4900000 USD
CY2017Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2018Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2018Q2 us-gaap Equity Method Investment Ownership Percentage
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0.082
CY2017Q4 us-gaap Equity Method Investments
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0 USD
CY2017Q2 us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
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us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
259000 USD
CY2018Q2 us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings
-6322000 USD
us-gaap Fair Value Measured On Recurring Basis Gain Loss Included In Earnings
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-5721000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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22545000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
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27994000 USD
CY2017Q2 us-gaap Food And Beverage Cost Of Sales
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19263000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
36124000 USD
CY2018Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
17287000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
32907000 USD
CY2017Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
27980000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
52453000 USD
CY2018Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
25393000 USD
us-gaap Food And Beverage Revenue
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48893000 USD
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95443000 USD
CY2017Q2 us-gaap Gain Loss On Contract Termination
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us-gaap Gain Loss On Contract Termination
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CY2018Q2 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
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0 USD
us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
290000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
0 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
15711000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1531000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5405000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1206000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1234000 USD
CY2017Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2017 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1100000 USD
CY2018Q2 us-gaap Impairment Of Real Estate
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59000 USD
us-gaap Impairment Of Real Estate
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71000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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865000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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98000 USD
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14056000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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18898000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
479000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1202000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1774000 USD
us-gaap Income Taxes Paid Net
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929000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
704000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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92000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-3239000 USD
us-gaap Increase Decrease In Due To Affiliates
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-2500000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
0 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
56000 USD
us-gaap Increase Decrease In Due To Related Parties
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-252000 USD
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88000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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-3595000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2358000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2017Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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0 shares
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IncrementalCommonSharesAttributableToConversionOfPreferredStock
6569000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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0 shares
CY2017Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
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us-gaap Interest Expense Debt
InterestExpenseDebt
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CY2018Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
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us-gaap Interest Expense Debt
InterestExpenseDebt
22857000 USD
us-gaap Interest Paid
InterestPaid
16134000 USD
us-gaap Interest Paid
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CY2018Q2 us-gaap Inventory Net
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1898000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
165000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
277000 USD
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
230000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
430000 USD
CY2017Q4 us-gaap Land
Land
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CY2018Q2 us-gaap Land
Land
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CY2017Q4 us-gaap Liabilities
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CY2018Q2 us-gaap Liabilities
Liabilities
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CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1423819000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1616926000 USD
CY2017Q4 us-gaap Long Term Debt
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CY2018Q2 us-gaap Long Term Debt
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CY2017Q4 us-gaap Minority Interest
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CY2018Q2 us-gaap Minority Interest
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us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
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CY2017Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
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CY2018Q2 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
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0.25
us-gaap Net Cash Provided By Used In Financing Activities
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232336000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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150627000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30604000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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38661000 USD
CY2017Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2018Q2 us-gaap Net Income Loss
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11530000 USD
us-gaap Net Income Loss
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15550000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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1614000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
1593000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
89000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
47000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4278000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9822000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12135000 USD
CY2017Q2 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
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-598000 USD
CY2018Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
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1235000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
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1527000 USD
CY2018Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
0 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
8098000 USD
CY2018Q2 us-gaap Notes Receivable Net
NotesReceivableNet
0 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2018Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
12 hotel
CY2018Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
6 state
CY2018Q2 us-gaap Number Of Units In Real Estate Property
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3549 hotel
CY2017Q2 us-gaap Occupancy Costs
OccupancyCosts
17613000 USD
us-gaap Occupancy Costs
OccupancyCosts
33410000 USD
CY2018Q2 us-gaap Occupancy Costs
OccupancyCosts
16652000 USD
us-gaap Occupancy Costs
OccupancyCosts
31570000 USD
CY2017Q2 us-gaap Occupancy Revenue
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79449000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
146867000 USD
CY2018Q2 us-gaap Occupancy Revenue
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78439000 USD
us-gaap Occupancy Revenue
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143946000 USD
CY2017Q2 us-gaap Operating Income Loss
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12407000 USD
us-gaap Operating Income Loss
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19657000 USD
CY2018Q2 us-gaap Operating Income Loss
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21416000 USD
us-gaap Operating Income Loss
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35704000 USD
CY2017Q2 us-gaap Operating Lease Expense
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84000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
168000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
84000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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175400000 USD
CY2017Q4 us-gaap Other Assets
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9426000 USD
CY2018Q2 us-gaap Other Assets
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7800000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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0 USD
CY2017Q2 us-gaap Other Direct Costs Of Hotels
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32021000 USD
us-gaap Other Direct Costs Of Hotels
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59752000 USD
CY2018Q2 us-gaap Other Direct Costs Of Hotels
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33768000 USD
us-gaap Other Direct Costs Of Hotels
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63432000 USD
CY2017Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
8626000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
13991000 USD
CY2018Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
17286000 USD
us-gaap Other Hotel Operating Revenue
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30768000 USD
CY2017Q4 us-gaap Other Liabilities
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1628000 USD
CY2018Q2 us-gaap Other Liabilities
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21585000 USD
CY2017Q2 us-gaap Other Nonrecurring Income Expense
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113000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
270000 USD
CY2018Q2 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
63000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
126000 USD
CY2017Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
37000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
77000 USD
CY2018Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2017Q2 us-gaap Owned Property Management Costs
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4209000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
7754000 USD
CY2018Q2 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
4501000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
8118000 USD
CY2017Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-2753000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-4556000 USD
CY2018Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
9602000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
11802000 USD
CY2017Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-2753000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-4556000 USD
CY2018Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
11310000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
11802000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
21740000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
32423000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
338000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
348000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
119000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
203000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9832000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9406000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
12058000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
15122000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
243666000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
177875000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2000000 USD
CY2017Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2018Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1708000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1707000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3380000 USD
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1708000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3415000 USD
CY2017Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3670000 USD
CY2018Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4325000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
24663000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
66451000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
483500000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
575000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
21000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
18000 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
40169000 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
0 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
2289000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
65336000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
386000 USD
us-gaap Profit Loss
ProfitLoss
97000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
12854000 USD
us-gaap Profit Loss
ProfitLoss
17124000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1403110000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1520011000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1145842000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1278083000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
128000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
109000 USD
CY2017Q4 us-gaap Recorded Third Party Environmental Recoveries Net
RecordedThirdPartyEnvironmentalRecoveriesNet
8825000 USD
CY2018Q2 us-gaap Recorded Third Party Environmental Recoveries Net
RecordedThirdPartyEnvironmentalRecoveriesNet
0 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
46627000 USD
CY2018Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
47818000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
335458000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
399312000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
37855000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
34793000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
47820000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
83096000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-88807000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-87777000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
116092000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213388000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
121118000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
223607000 USD
CY2017Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
116055000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
213311000 USD
CY2018Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
121118000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
223607000 USD
CY2017Q2 us-gaap Revenues
Revenues
116092000 USD
us-gaap Revenues
Revenues
213388000 USD
CY2018Q2 us-gaap Revenues
Revenues
121118000 USD
us-gaap Revenues
Revenues
223607000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
-1071000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4035000 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
58000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
203000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
381305000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
385493000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
376552000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
380248000 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
106123000 USD
CY2018Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
106123000 USD
CY2017Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-100000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-998000 USD
CY2018Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-298000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-225000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31469000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29380000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38588000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31853000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29380000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32006000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31845000 shares
CY2017Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1963000 USD
CY2018Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
4176000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
4178000 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;">Rooms revenue represents revenues from the occupancy of our hotel rooms and is driven by the occupancy and average daily rate charged.&#160;Rooms revenue includes revenue for guest no-shows, day use,&#160;and early/late departure fees. The contracts for room stays with customers are generally short in duration and revenues are recognized&#160;as services are provided&#160;over the course of the hotel stay.</font></div><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;">Food &amp; Beverage (&#8220;F&amp;B&#8221;) revenue consists of&#160;revenue&#160;from the restaurants and lounges at our hotel properties, In-room dining and mini-bars revenue,&#160;and banquet/catering&#160;revenue from group&#160;and social functions.&#160;Other F&amp;B&#160;revenue may include revenue from&#160;audio-visual equipment/services, rental of function rooms, and other F&amp;B related revenues.&#160;Revenue is recognized as the services or products are provided. Our hotel properties may employ third parties to provide certain services at the property, for example, audio visual services. We evaluate each of these contracts to determine if the hotel is the principal or the agent in the transaction, and record the revenues as appropriate (i.e. gross vs. net).</font></div><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;">Other revenue consists of ancillary revenue at the property, including attrition and cancellation fees, condo management fees, resort and destination fees, health center fees, spas,&#160;golf, telecommunications, parking,&#160;entertainment and other guest services, as well as rental revenue, primarily consisting of leased retail outlets at our hotel properties, and membership initiation fees and dues, primarily from club memberships. Attrition and cancellation fees are recognized for non-cancellable deposits when the customer provides notification of cancellation within&#160;established management policy time frames. Non-refundable membership initiation fees are recognized over the expected life of an active membership. For the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> of business interruption income for the Tampa Renaissance related to a settlement for lost profits from the BP Deepwater Horizon oil spill in the Gulf of Mexico in 2010.</font></div><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;">Taxes collected from customers and submitted to taxing authorities are not recorded in revenue. Interest income is recognized when earned. We discontinue recording interest and amortizing discounts/premiums when the contractual payment of interest and/or principal is not received when contractually due.</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>

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