2015 Q2 Form 10-Q Financial Statement

#000147604515000041 Filed on August 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $72.26M $47.08M
YoY Change 53.49% 53.12%
Cost Of Revenue $15.26M $10.23M
YoY Change 49.17% 45.93%
Gross Profit $57.22M $36.84M
YoY Change 55.32% 55.18%
Gross Profit Margin 79.19% 78.25%
Selling, General & Admin $26.36M $18.92M
YoY Change 39.32% 38.71%
% of Gross Profit 46.07% 51.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.06M $7.365M
YoY Change 63.79% 82.94%
% of Gross Profit 21.08% 19.99%
Operating Expenses $54.19M $42.08M
YoY Change 28.79% 63.53%
Operating Profit $18.07M $5.001M
YoY Change 261.25% -0.3%
Interest Expense $6.852M $4.362M
YoY Change 57.08% 54.85%
% of Operating Profit 37.93% 87.22%
Other Income/Expense, Net
YoY Change
Pretax Income $12.87M $65.35M
YoY Change -80.31% 2842.46%
Income Tax $25.00K $38.00K
% Of Pretax Income 0.19% 0.06%
Net Earnings $12.76M $65.21M
YoY Change -80.43% 2896.6%
Net Earnings / Revenue 17.66% 138.51%
Basic Earnings Per Share $0.33 $2.46
Diluted Earnings Per Share $0.33 $2.44
COMMON SHARES
Basic Shares Outstanding 38.21M shares 26.44M shares
Diluted Shares Outstanding 38.62M shares 26.73M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.10M $11.90M
YoY Change 52.1% -36.36%
Cash & Equivalents $18.08M $11.94M
Short-Term Investments
Other Short-Term Assets $3.700M $2.800M
YoY Change 32.14% 12.0%
Inventory
Prepaid Expenses
Receivables $5.000M $3.800M
Other Receivables $0.00 $0.00
Total Short-Term Assets $26.80M $18.50M
YoY Change 44.86% -21.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.173B $971.0M
YoY Change 20.78% 93.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $44.10M $11.40M
YoY Change 286.84% -29.19%
Other Assets $7.500M $6.800M
YoY Change 10.29% 23.64%
Total Long-Term Assets $1.224B $989.2M
YoY Change 23.79% 89.3%
TOTAL ASSETS
Total Short-Term Assets $26.80M $18.50M
Total Long-Term Assets $1.224B $989.2M
Total Assets $1.251B $1.008B
YoY Change 24.17% 84.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.30M $14.00M
YoY Change 59.29% 38.61%
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 $26.30M $16.30M
YoY Change 61.35% 38.14%
LONG-TERM LIABILITIES
Long-Term Debt $521.4M $542.5M
YoY Change -3.89% 162.97%
Other Long-Term Liabilities $300.0K $0.00
YoY Change
Total Long-Term Liabilities $521.7M $542.5M
YoY Change -3.83% 162.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.30M $16.30M
Total Long-Term Liabilities $521.7M $542.5M
Total Liabilities $548.0M $558.8M
YoY Change -1.93% 156.22%
SHAREHOLDERS EQUITY
Retained Earnings -$19.97M $729.0K
YoY Change -2839.37% -101.71%
Common Stock $719.3M $445.7M
YoY Change 61.39% 20.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $699.3M $446.4M
YoY Change
Total Liabilities & Shareholders Equity $1.251B $1.008B
YoY Change 24.17% 84.54%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $12.76M $65.21M
YoY Change -80.43% 2896.6%
Depreciation, Depletion And Amortization $12.06M $7.365M
YoY Change 63.79% 82.94%
Cash From Operating Activities $24.69M $10.12M
YoY Change 143.97% 36.39%
INVESTING ACTIVITIES
Capital Expenditures -$4.680M -$269.8M
YoY Change -98.27% 512.35%
Acquisitions
YoY Change
Other Investing Activities -$1.220M -$2.780M
YoY Change -56.12% 139.66%
Cash From Investing Activities -$5.900M -$272.6M
YoY Change -97.84% 502.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.50M 268.6M
YoY Change -106.52% 423.12%
NET CHANGE
Cash From Operating Activities 24.69M 10.12M
Cash From Investing Activities -5.900M -272.6M
Cash From Financing Activities -17.50M 268.6M
Net Change In Cash 1.290M 6.110M
YoY Change -78.89% -54.87%
FREE CASH FLOW
Cash From Operating Activities $24.69M $10.12M
Capital Expenditures -$4.680M -$269.8M
Free Cash Flow $29.37M $279.9M
YoY Change -89.51% 443.75%

Facts In Submission

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CY2014Q4 us-gaap Development In Process
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6574000 USD
CY2015Q2 us-gaap Development In Process
DevelopmentInProcess
11723000 USD
CY2014Q2 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
23486000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
44416000 USD
CY2015Q2 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
34325000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
64668000 USD
CY2015Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-03-27
CY2015Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-02-27
CY2015Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-04-24
CY2015Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-05-29
CY2015Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-07-31
CY2015Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-06-26
us-gaap Dividends Common Stock
DividendsCommonStock
11953000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
23025000 USD
CY2014Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2260000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2884000 USD
CY2015Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
3968000 USD
CY2015Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-02-27
CY2015Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-01-30
CY2015Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-03-31
CY2015Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-04-30
CY2015Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-06-30
CY2015Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-05-29
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
715000 USD
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
406991 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
404441 shares
CY2015Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
904000 USD
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.46
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.40
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.38
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
449000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3932000 USD
CY2014Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
432000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
899000 USD
CY2015Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
973000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
1820000 USD
CY2014Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
585000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
1213000 USD
CY2015Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
1355000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
2522000 USD
CY2014Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-184000 USD
CY2015Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2364000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4686000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2156000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5583000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
65352000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
63623000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12870000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
14290000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
165000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
95000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
389000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
1348000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1225000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1544000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
136000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
608000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
619000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1119000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
3455000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
6515000 USD
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
297041 shares
us-gaap Interest Expense
InterestExpense
13665000 USD
us-gaap Interest Paid
InterestPaid
7129000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
4362000 USD
us-gaap Interest Expense
InterestExpense
8100000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
6852000 USD
us-gaap Interest Paid
InterestPaid
12409000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
844396000 USD
CY2015Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
937048000 USD
CY2014Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
12000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
26000 USD
CY2015Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
323000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
383000 USD
CY2014Q4 us-gaap Land
Land
261108000 USD
CY2015Q2 us-gaap Land
Land
261113000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
573147000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
547985000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1165099000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1251262000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
1
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
22500000 USD
CY2015Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2015Q2 us-gaap Litigation Reserve Current
LitigationReserveCurrent
642000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
527721000 USD
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
521379000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
494552000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
6899000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
4954000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3901000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
9487000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1586000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
116000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
173000 USD
CY2014Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
3415000 USD
CY2015Q2 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
3963000 USD
CY2015Q2 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
960290000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
268625000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
67437000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-276015000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101892000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15104000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37453000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
65206000 USD
us-gaap Net Income Loss
NetIncomeLoss
63474000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
12763000 USD
us-gaap Net Income Loss
NetIncomeLoss
14175000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
108000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
108000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
82000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
90000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
65137000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
63329000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12735000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14103000 USD
CY2014Q2 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
66701000 USD
us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
66701000 USD
CY2015Q2 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
0 USD
us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
0 USD
CY2014Q2 us-gaap Occupancy Costs
OccupancyCosts
8802000 USD
us-gaap Occupancy Costs
OccupancyCosts
16557000 USD
CY2015Q2 us-gaap Occupancy Costs
OccupancyCosts
12755000 USD
us-gaap Occupancy Costs
OccupancyCosts
23696000 USD
CY2014Q2 us-gaap Occupancy Revenue
OccupancyRevenue
43978000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
77935000 USD
CY2015Q2 us-gaap Occupancy Revenue
OccupancyRevenue
67698000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
122729000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
42076000 USD
us-gaap Operating Expenses
OperatingExpenses
76446000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
54191000 USD
us-gaap Operating Expenses
OperatingExpenses
104677000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5001000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7496000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
18066000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
26495000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
50343000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
703000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
701000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
698000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
696000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
47198000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
347000 USD
CY2014Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
507000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
950000 USD
CY2015Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
661000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
1188000 USD
CY2014Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
2021000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
3629000 USD
CY2015Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
2335000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
4204000 USD
us-gaap Payments For Mortgage Deposits
PaymentsForMortgageDeposits
32186000 USD
us-gaap Payments For Mortgage Deposits
PaymentsForMortgageDeposits
4760000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2001000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11759000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22113000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
531000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
374000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
511000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
265288000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
90155000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
7721000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
9154000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2300000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
3665000 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
120750000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10972000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
120789000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
256000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
126000000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
5000000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
65314000 USD
us-gaap Profit Loss
ProfitLoss
63582000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
12845000 USD
us-gaap Profit Loss
ProfitLoss
14265000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
76838000 USD
CY2015Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
94852000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1173263000 USD
CY2015Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1267650000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1096425000 USD
CY2015Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1172798000 USD
CY2014Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
28152000 USD
CY2015Q2 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
25602000 USD
CY2014Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
2809000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
5458000 USD
CY2015Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
4254000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
8339000 USD
CY2014Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1309000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
2332000 USD
CY2015Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
2124000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
78000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
27500000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12030000 USD
CY2015Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
18545000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11120000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-19970000 USD
CY2014Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
47077000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
83942000 USD
CY2015Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
72257000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
131172000 USD
CY2014Q4 us-gaap Secured Debt
SecuredDebt
550221000 USD
CY2015Q2 us-gaap Secured Debt
SecuredDebt
521379000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1213000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1355000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
10.93
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
13.17
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
21.21
CY2014Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
16542 shares
CY2015Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
14113 shares
CY2015Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4025000 shares
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
337000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
412000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
10511000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
118788000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
18000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
22000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
588537000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
699314000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
385536000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
448886000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
591952000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
703277000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26734919 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26637261 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38618824 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38022675 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26437878 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26355237 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38211833 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37618234 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
184000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 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:48px;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:48px;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>

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0001476045-15-000041.txt Edgar Link pending
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cldt-20150630_cal.xml Edgar Link unprocessable
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