2013 Q2 Form 10-Q Financial Statement

#000147604513000007 Filed on August 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $30.75M $26.36M
YoY Change 16.64% 76.88%
Cost Of Revenue $7.010M $6.100M
YoY Change 14.92% -26.86%
Gross Profit $23.74M $20.26M
YoY Change 17.18% 208.37%
Gross Profit Margin 77.21% 76.86%
Selling, General & Admin $13.64M $11.67M
YoY Change 16.88% 340.38%
% of Gross Profit 57.46% 57.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.026M $4.123M
YoY Change -2.35% 8.79%
% of Gross Profit 16.96% 20.35%
Operating Expenses $25.73M $21.94M
YoY Change 17.26% 35.53%
Operating Profit $5.016M $4.416M
YoY Change 13.59% -442.86%
Interest Expense $2.817M $3.829M
YoY Change -26.43% -698.28%
% of Operating Profit 56.16% 86.71%
Other Income/Expense, Net
YoY Change
Pretax Income $2.221M $1.290M
YoY Change 72.17% -167.19%
Income Tax $45.00K $133.0K
% Of Pretax Income 2.03% 10.31%
Net Earnings $2.176M $1.157M
YoY Change 88.07% -159.64%
Net Earnings / Revenue 7.08% 4.39%
Basic Earnings Per Share $0.12 $0.08
Diluted Earnings Per Share $0.11 $0.08
COMMON SHARES
Basic Shares Outstanding 18.15M shares 13.81M shares
Diluted Shares Outstanding 18.38M shares 13.91M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.70M $8.500M
YoY Change 120.0% -43.33%
Cash & Equivalents $18.69M $8.523M
Short-Term Investments
Other Short-Term Assets $2.500M $1.900M
YoY Change 31.58% 5.56%
Inventory
Prepaid Expenses
Receivables $2.300M $1.800M
Other Receivables $0.00 $0.00
Total Short-Term Assets $23.50M $12.20M
YoY Change 92.62% -32.97%
LONG-TERM ASSETS
Property, Plant & Equipment $501.0M $399.7M
YoY Change 25.34% 89.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $16.10M $19.80M
YoY Change -18.69% 26.92%
Other Assets $5.500M $5.700M
YoY Change -3.51% 26.67%
Total Long-Term Assets $522.5M $425.2M
YoY Change 22.89% 84.39%
TOTAL ASSETS
Total Short-Term Assets $23.50M $12.20M
Total Long-Term Assets $522.5M $425.2M
Total Assets $546.0M $437.4M
YoY Change 24.84% 75.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.10M $8.200M
YoY Change 23.17% 46.43%
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 $11.80M $11.10M
YoY Change 6.31% 37.04%
LONG-TERM LIABILITIES
Long-Term Debt $206.3M $214.1M
YoY Change -3.64% 1654.92%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $206.3M $214.1M
YoY Change -3.64% 1654.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.80M $11.10M
Total Long-Term Liabilities $206.3M $214.1M
Total Liabilities $218.1M $226.5M
YoY Change -3.71% 978.57%
SHAREHOLDERS EQUITY
Retained Earnings -$42.70M
YoY Change
Common Stock $368.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $326.1M $211.0M
YoY Change
Total Liabilities & Shareholders Equity $546.0M $437.4M
YoY Change 24.84% 75.8%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $2.176M $1.157M
YoY Change 88.07% -159.64%
Depreciation, Depletion And Amortization $4.026M $4.123M
YoY Change -2.35% 8.79%
Cash From Operating Activities $7.420M $6.280M
YoY Change 18.15% 130.04%
INVESTING ACTIVITIES
Capital Expenditures -$44.06M -$1.930M
YoY Change 2182.9% -41.87%
Acquisitions
YoY Change
Other Investing Activities -$1.160M $6.910M
YoY Change -116.79% -156.5%
Cash From Investing Activities -$45.22M $4.980M
YoY Change -1008.03% -132.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 51.34M -11.58M
YoY Change -543.35% 271.15%
NET CHANGE
Cash From Operating Activities 7.420M 6.280M
Cash From Investing Activities -45.22M 4.980M
Cash From Financing Activities 51.34M -11.58M
Net Change In Cash 13.54M -320.0K
YoY Change -4331.25% -97.99%
FREE CASH FLOW
Cash From Operating Activities $7.420M $6.280M
Capital Expenditures -$44.06M -$1.930M
Free Cash Flow $51.48M $8.210M
YoY Change 527.04% 35.7%

Facts In Submission

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1894000 USD
CY2013Q2 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
467087000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
84454000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-20201000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
17725000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-82375000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12115000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6319000 USD
us-gaap Net Income Loss
NetIncomeLoss
-574000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
2176000 USD
us-gaap Net Income Loss
NetIncomeLoss
557000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
1157000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
406000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2103000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-708000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1087000 USD
CY2012Q2 us-gaap Occupancy Costs
OccupancyCosts
5291000 USD
CY2013Q2 us-gaap Occupancy Costs
OccupancyCosts
6065000 USD
us-gaap Occupancy Costs
OccupancyCosts
10264000 USD
us-gaap Occupancy Costs
OccupancyCosts
11615000 USD
CY2012Q2 us-gaap Occupancy Revenue
OccupancyRevenue
24858000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
46441000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
53195000 USD
CY2013Q2 us-gaap Occupancy Revenue
OccupancyRevenue
28960000 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
25730000 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
21943000 USD
us-gaap Operating Expenses
OperatingExpenses
42123000 USD
us-gaap Operating Expenses
OperatingExpenses
48727000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5016000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7798000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7063000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4416000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
12391000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
214000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
212000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
210000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
207000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
11445000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
103000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
676000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
727000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
1887000 USD
CY2013Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
378000 USD
CY2012Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
379000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9090000 USD
CY2013Q2 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
13383000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4942000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
965000 USD
CY2013Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
1202000 USD
CY2012Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
1084000 USD
us-gaap Payments For Mortgage Deposits
PaymentsForMortgageDeposits
0 USD
us-gaap Payments For Mortgage Deposits
PaymentsForMortgageDeposits
100130000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
254000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
153000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
6746000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
74769000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
1649000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
7128000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3912000 USD
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2013Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2485000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1930000 USD
CY2012Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
75000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;padding-top:12px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts in the consolidated financial statements have been reclassified to conform to the current period presentation. The reclassification did not have any impact on the income (loss).</font></div></div>
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
134166000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
117033000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
5000000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
88500000 USD
CY2012Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
24181000 USD
CY2013Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
31908000 USD
CY2013Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
532946000 USD
CY2012Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
450255000 USD
CY2013Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
501038000 USD
CY2012Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
426074000 USD
cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
720000 USD
CY2012Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
13362000 USD
CY2012Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
1623000 USD
CY2013Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
2045000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
3256000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
4032000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1400000 USD
CY2012Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
600000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1000000 USD
CY2013Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
700000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
137500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
19000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
807000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
852000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2949000 USD
CY2013Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2686000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-42698000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-35491000 USD
CY2013Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
30746000 USD
CY2012Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
26359000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
56525000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
49186000 USD
CY2012Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
27592 shares
CY2013Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
22536 shares
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
22536000 shares
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
27592000 shares
CY2013Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
92677 shares
CY2013Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
475823 shares
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
300000 USD
CY2013Q2 us-gaap Secured Debt
SecuredDebt
206342000 USD
CY2012Q4 us-gaap Secured Debt
SecuredDebt
239246000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1080000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
967000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
10.93
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
10.20
cldt Amount Of Rent Expense Under Condition One
AmountOfRentExpenseUnderConditionOne
7000 USD
cldt Amount Of Rent Expense Under Condition Two
AmountOfRentExpenseUnderConditionTwo
20000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
127421000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
217118000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
205001000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
326065000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
327959000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
206612000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
212311000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:6px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</font></div></div>
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18383626 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17897255 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13915313 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13802588 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13802588 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18147108 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17682199 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13810190 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
933000 USD
CY2012Q2 cldt Accrued But Unpaid Distribution
AccruedButUnpaidDistribution
20000 USD
CY2013Q2 cldt Accrued But Unpaid Distribution
AccruedButUnpaidDistribution
60000 USD
CY2013Q2 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
169000 USD
CY2012Q2 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
169000 USD
CY2013Q2 cldt Aggregate Number Of Rooms In Hotels
AggregateNumberOfRoomsInHotels
2911 Room
cldt Amortization Of Deferred Franchise Fees
AmortizationOfDeferredFranchiseFees
40000 USD
cldt Amortization Of Deferred Franchise Fees
AmortizationOfDeferredFranchiseFees
37000 USD
cldt Periods In Each Additional Term
PeriodsInEachAdditionalTerm
P5Y
cldt Cost Reimbursements From Unconsolidated Real Estate Entities
CostReimbursementsFromUnconsolidatedRealEstateEntities
768000 USD
CY2012Q2 cldt Cost Reimbursements From Unconsolidated Real Estate Entities
CostReimbursementsFromUnconsolidatedRealEstateEntities
345000 USD
CY2013Q2 cldt Cost Reimbursements From Unconsolidated Real Estate Entities
CostReimbursementsFromUnconsolidatedRealEstateEntities
385000 USD
cldt Cost Reimbursements From Unconsolidated Real Estate Entities
CostReimbursementsFromUnconsolidatedRealEstateEntities
750000 USD
cldt Direct Costsof Hotels Advertisingand Promotions
DirectCostsofHotelsAdvertisingandPromotions
1308000 USD
cldt Direct Costsof Hotels Advertisingand Promotions
DirectCostsofHotelsAdvertisingandPromotions
1171000 USD
CY2013Q2 cldt Direct Costsof Hotels Advertisingand Promotions
DirectCostsofHotelsAdvertisingandPromotions
651000 USD
CY2012Q2 cldt Direct Costsof Hotels Advertisingand Promotions
DirectCostsofHotelsAdvertisingandPromotions
560000 USD
cldt Direct Costsof Hotels Franchiseand Marketing Fees
DirectCostsofHotelsFranchiseandMarketingFees
4144000 USD
CY2013Q2 cldt Direct Costsof Hotels Franchiseand Marketing Fees
DirectCostsofHotelsFranchiseandMarketingFees
2243000 USD
CY2012Q2 cldt Direct Costsof Hotels Franchiseand Marketing Fees
DirectCostsofHotelsFranchiseandMarketingFees
1981000 USD
cldt Direct Costsof Hotels Franchiseand Marketing Fees
DirectCostsofHotelsFranchiseandMarketingFees
3702000 USD
cldt Direct Costsof Hotels Generaland Administrative
DirectCostsofHotelsGeneralandAdministrative
5308000 USD
cldt Direct Costsof Hotels Generaland Administrative
DirectCostsofHotelsGeneralandAdministrative
4569000 USD
CY2013Q2 cldt Direct Costsof Hotels Generaland Administrative
DirectCostsofHotelsGeneralandAdministrative
2742000 USD
CY2012Q2 cldt Direct Costsof Hotels Generaland Administrative
DirectCostsofHotelsGeneralandAdministrative
2348000 USD
cldt Direct Costsof Hotels Insurance
DirectCostsofHotelsInsurance
348000 USD
CY2013Q2 cldt Direct Costsof Hotels Insurance
DirectCostsofHotelsInsurance
176000 USD
CY2012Q2 cldt Direct Costsof Hotels Insurance
DirectCostsofHotelsInsurance
148000 USD
cldt Direct Costsof Hotels Insurance
DirectCostsofHotelsInsurance
312000 USD
CY2012Q2 cldt Direct Costsof Hotels Management Fees
DirectCostsofHotelsManagementFees
692000 USD
CY2013Q2 cldt Direct Costsof Hotels Management Fees
DirectCostsofHotelsManagementFees
825000 USD
cldt Direct Costsof Hotels Management Fees
DirectCostsofHotelsManagementFees
1509000 USD
cldt Direct Costsof Hotels Management Fees
DirectCostsofHotelsManagementFees
1288000 USD
CY2012Q2 cldt Direct Costsof Hotels Repairsand Maintenance
DirectCostsofHotelsRepairsandMaintenance
1266000 USD
cldt Direct Costsof Hotels Repairsand Maintenance
DirectCostsofHotelsRepairsandMaintenance
2461000 USD
cldt Direct Costsof Hotels Repairsand Maintenance
DirectCostsofHotelsRepairsandMaintenance
3001000 USD
CY2013Q2 cldt Direct Costsof Hotels Repairsand Maintenance
DirectCostsofHotelsRepairsandMaintenance
1556000 USD
cldt Direct Costsof Hotels Utilities
DirectCostsofHotelsUtilities
2183000 USD
CY2013Q2 cldt Direct Costsof Hotels Utilities
DirectCostsofHotelsUtilities
1117000 USD
CY2012Q2 cldt Direct Costsof Hotels Utilities
DirectCostsofHotelsUtilities
936000 USD
cldt Direct Costsof Hotels Utilities
DirectCostsofHotelsUtilities
1906000 USD
cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.42
cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.375
CY2013Q2 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.07
CY2013Q1 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.21
CY2013Q1 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.07
CY2013Q2 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.07
CY2013Q1 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.07
CY2013Q1 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.07
CY2013Q2 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.21
CY2013Q2 cldt Distributions On Long Term Investment Plan
DistributionsOnLongTermInvestmentPlan
0.07
cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
134000 USD
cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
151000 USD
CY2013Q2 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
73000 USD
CY2012Q2 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
70000 USD
CY2013Q2 cldt Fixed Charge Coverage Ratio
FixedChargeCoverageRatio
2.03
CY2013Q2 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
29041000 USD
CY2012Q4 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
21381000 USD
CY2013Q2 cldt Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
7800000 USD
CY2013Q1 cldt Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
1400000 USD
CY2013Q1 cldt Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
51400000 USD
CY2013Q2 cldt Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
73600000 USD
CY2012Q2 cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
-703000 USD
cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
-138000 USD
CY2013Q2 cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
89000 USD
cldt Initial Termof Taxable Real Estate Investment Trust Subsidiaries Lease
InitialTermofTaxableRealEstateInvestmentTrustSubsidiariesLease
P5Y
cldt Interest Rate Applicable Margin
InterestRateApplicableMargin
200-300 basis points, based on leverage ratio
cldt Loss On Write Off Of Deferred Franchise Fee
LossOnWriteOffOfDeferredFranchiseFee
64000 USD
cldt Loss On Write Off Of Deferred Franchise Fee
LossOnWriteOffOfDeferredFranchiseFee
0 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
1500000 USD
CY2012Q2 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
700000 USD
CY2013Q2 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
800000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
1300000 USD
cldt Maximum Additional Terms Up To Which Ground Lease Can Be Extended
MaximumAdditionalTermsUpToWhichGroundLeaseCanBeExtended
12 Term
CY2013Q2 cldt Minimum Fixed Charge Coverage Ratio
MinimumFixedChargeCoverageRatio
0.015
cldt Minimum Percentage Of Annual Rent Increase
MinimumPercentageOfAnnualRentIncrease
0.025
CY2013Q1 cldt Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
48400000 USD
CY2013Q2 cldt Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
7400000 USD
CY2013Q1 cldt Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
1300000 USD
CY2013Q2 cldt Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
70200000 USD
CY2013Q2 cldt Number Of Hotels In Ownership By Company
NumberOfHotelsInOwnershipByCompany
21 Hotel
cldt Percentage Of Occupancy Under Condition One
PercentageOfOccupancyUnderConditionOne
0.85
cldt Percentage Of Occupancy Under Condition Two
PercentageOfOccupancyUnderConditionTwo
1
cldt Reimbursed Costs From Unconsolidated Real Estate Entities
ReimbursedCostsFromUnconsolidatedRealEstateEntities
750000 USD
CY2013Q2 cldt Reimbursed Costs From Unconsolidated Real Estate Entities
ReimbursedCostsFromUnconsolidatedRealEstateEntities
385000 USD
CY2012Q2 cldt Reimbursed Costs From Unconsolidated Real Estate Entities
ReimbursedCostsFromUnconsolidatedRealEstateEntities
345000 USD
cldt Reimbursed Costs From Unconsolidated Real Estate Entities
ReimbursedCostsFromUnconsolidatedRealEstateEntities
768000 USD
cldt Stock Issued Or Vested During Period Performance Based Units Value
StockIssuedOrVestedDuringPeriodPerformanceBasedUnitsValue
USD
cldt Telephone Expenses
TelephoneExpenses
407000 USD
CY2012Q2 cldt Telephone Expenses
TelephoneExpenses
173000 USD
CY2013Q2 cldt Telephone Expenses
TelephoneExpenses
216000 USD
cldt Telephone Expenses
TelephoneExpenses
345000 USD
CY2013Q2 cldt Unrecognized Compensation Cost Related To Long Term Incentive Plan Units
UnrecognizedCompensationCostRelatedToLongTermIncentivePlanUnits
1400000 USD
CY2012Q4 cldt Unrecognized Compensation Cost Related To Long Term Incentive Plan Units
UnrecognizedCompensationCostRelatedToLongTermIncentivePlanUnits
1800000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001476045
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
22558058 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
CHATHAM LODGING TRUST
dei Trading Symbol
TradingSymbol
CLDT

Files In Submission

Name View Source Status
0001476045-13-000007-index-headers.html Edgar Link pending
0001476045-13-000007-index.html Edgar Link pending
0001476045-13-000007.txt Edgar Link pending
0001476045-13-000007-xbrl.zip Edgar Link pending
cldt-20130630.xml Edgar Link completed
cldt-20130630.xsd Edgar Link pending
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