2017 Q3 Form 10-Q Financial Statement

#000147604517000087 Filed on October 31, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $81.40M $79.73M
YoY Change 2.1% 1.92%
Cost Of Revenue $40.86M $17.72M
YoY Change 130.6% 10.47%
Gross Profit $40.54M $62.02M
YoY Change -34.63% -0.43%
Gross Profit Margin 49.8% 77.78%
Selling, General & Admin $31.70M $30.51M
YoY Change 3.9% 5.57%
% of Gross Profit 78.19% 49.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.94M $12.00M
YoY Change -8.78% -4.47%
% of Gross Profit 26.99% 19.34%
Operating Expenses $61.79M $60.28M
YoY Change 2.51% 3.72%
Operating Profit $20.36M $19.46M
YoY Change 4.64% -3.26%
Interest Expense $7.065M $7.082M
YoY Change -0.24% 0.73%
% of Operating Profit 34.7% 36.4%
Other Income/Expense, Net
YoY Change
Pretax Income $14.49M $13.43M
YoY Change 7.88% -8.49%
Income Tax $0.00 -$12.00K
% Of Pretax Income 0.0% -0.09%
Net Earnings $14.39M $13.36M
YoY Change 7.76% -6.71%
Net Earnings / Revenue 17.68% 16.75%
Basic Earnings Per Share $0.36 $0.35
Diluted Earnings Per Share $0.36 $0.34
COMMON SHARES
Basic Shares Outstanding 39.30M shares 38.31M shares
Diluted Shares Outstanding 39.55M shares 38.77M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.30M $13.50M
YoY Change -16.3% -16.15%
Cash & Equivalents $11.28M $13.47M
Short-Term Investments
Other Short-Term Assets $4.400M $4.200M
YoY Change 4.76% -16.0%
Inventory
Prepaid Expenses
Receivables $7.700M $7.300M
Other Receivables $0.00 $0.00
Total Short-Term Assets $23.40M $25.00M
YoY Change -6.4% -11.66%
LONG-TERM ASSETS
Property, Plant & Equipment $1.263B $1.240B
YoY Change 1.85% -1.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $53.10M $45.90M
YoY Change 15.69% 10.6%
Other Assets $4.900M $4.900M
YoY Change 0.0% -31.94%
Total Long-Term Assets $1.321B $1.291B
YoY Change 2.35% -1.73%
TOTAL ASSETS
Total Short-Term Assets $23.40M $25.00M
Total Long-Term Assets $1.321B $1.291B
Total Assets $1.345B $1.316B
YoY Change 2.18% -1.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.80M $30.60M
YoY Change 7.19% 15.04%
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 $38.00M $35.30M
YoY Change 7.65% 15.36%
LONG-TERM LIABILITIES
Long-Term Debt $602.1M $584.2M
YoY Change 3.06% -3.15%
Other Long-Term Liabilities $6.000M $5.300M
YoY Change 13.21% 278.57%
Total Long-Term Liabilities $608.1M $589.5M
YoY Change 3.16% -2.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.00M $35.30M
Total Long-Term Liabilities $608.1M $589.5M
Total Liabilities $646.1M $624.9M
YoY Change 3.4% -1.64%
SHAREHOLDERS EQUITY
Retained Earnings -$60.10M -$35.72M
YoY Change 68.23% 107.9%
Common Stock $752.5M $722.0M
YoY Change 4.23% 0.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $692.4M $686.3M
YoY Change
Total Liabilities & Shareholders Equity $1.345B $1.316B
YoY Change 2.18% -1.94%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $14.39M $13.36M
YoY Change 7.76% -6.71%
Depreciation, Depletion And Amortization $10.94M $12.00M
YoY Change -8.78% -4.47%
Cash From Operating Activities $29.96M $30.25M
YoY Change -0.96% 11.05%
INVESTING ACTIVITIES
Capital Expenditures -$58.52M -$5.330M
YoY Change 997.94% -93.64%
Acquisitions
YoY Change
Other Investing Activities $1.280M $120.0K
YoY Change 966.67% -98.29%
Cash From Investing Activities -$57.24M -$5.200M
YoY Change 1000.77% -93.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.44M -26.89M
YoY Change -205.76% -156.57%
NET CHANGE
Cash From Operating Activities 29.96M 30.25M
Cash From Investing Activities -57.24M -5.200M
Cash From Financing Activities 28.44M -26.89M
Net Change In Cash 1.160M -1.840M
YoY Change -163.04% -8.91%
FREE CASH FLOW
Cash From Operating Activities $29.96M $30.25M
Capital Expenditures -$58.52M -$5.330M
Free Cash Flow $88.48M $35.58M
YoY Change 148.68% -67.96%

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CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
426000 USD
CY2017Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
us-gaap Depreciation
Depreciation
36593000 USD
us-gaap Depreciation
Depreciation
34501000 USD
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11997000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36753000 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10944000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
34662000 USD
CY2016Q4 us-gaap Development In Process
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10067000 USD
CY2017Q3 us-gaap Development In Process
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14807000 USD
CY2016Q3 us-gaap Direct Costs Of Hotels
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39016000 USD
us-gaap Direct Costs Of Hotels
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113194000 USD
CY2017Q3 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
40862000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
116181000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
37266000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
38495000 USD
CY2016Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4746000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4742000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
5217000 USD
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
900000 USD
CY2017Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1300000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
6611000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2001000 USD
CY2016Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
1280000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
3703000 USD
CY2017Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
1307000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
3770000 USD
CY2016Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
1494000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
4728000 USD
CY2017Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
1378000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
4353000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2992000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9076000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3151000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9706000 USD
CY2016Q3 us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
0 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
0 USD
CY2017Q3 us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
0 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
6663000 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
6700000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13434000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29185000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
14493000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
24539000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
167000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
317000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
485000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
684000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
2816000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
3285000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4532000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5246000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
94000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
878000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-426000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-741000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1596000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
5660000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
2611000 USD
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
260080 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
226985 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
251520 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
228555 shares
CY2016Q3 us-gaap Initial Franchise Fees
InitialFranchiseFees
6200000 USD
us-gaap Initial Franchise Fees
InitialFranchiseFees
17300000 USD
CY2017Q3 us-gaap Initial Franchise Fees
InitialFranchiseFees
6400000 USD
us-gaap Initial Franchise Fees
InitialFranchiseFees
17800000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
7082000 USD
us-gaap Interest Expense
InterestExpense
21211000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
7065000 USD
us-gaap Interest Expense
InterestExpense
20830000 USD
us-gaap Interest Paid
InterestPaid
20258000 USD
us-gaap Interest Paid
InterestPaid
19878000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
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1045880000 USD
CY2017Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1087046000 USD
CY2016Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
7000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
43000 USD
CY2017Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
9000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
27000 USD
CY2016Q4 us-gaap Land
Land
274554000 USD
CY2017Q3 us-gaap Land
Land
284655000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
621364000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
646099000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1302954000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1344529000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
1
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
52500000 USD
CY2017Q3 us-gaap Line Of Credit
LineOfCredit
75000000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
530323000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
527144000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
22308000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
9899000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
82340000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5374000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1239000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
537000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
721000 USD
CY2016Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
4848000 USD
CY2017Q3 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
5984000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
723162000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-61286000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9590000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16144000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-77034000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69860000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66608000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
13355000 USD
us-gaap Net Income Loss
NetIncomeLoss
28823000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
14392000 USD
us-gaap Net Income Loss
NetIncomeLoss
24055000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
91000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
195000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
101000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
167000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13307000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28682000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14328000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23884000 USD
CY2016Q3 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
0 USD
CY2017Q3 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
us-gaap Proceeds From Issuance Of Common Stock
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344000 USD
CY2016Q3 us-gaap Occupancy Costs
OccupancyCosts
15068000 USD
us-gaap Occupancy Costs
OccupancyCosts
43453000 USD
CY2017Q3 us-gaap Occupancy Costs
OccupancyCosts
15618000 USD
us-gaap Occupancy Costs
OccupancyCosts
44147000 USD
CY2016Q3 us-gaap Occupancy Revenue
OccupancyRevenue
74736000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
211438000 USD
CY2017Q3 us-gaap Occupancy Revenue
OccupancyRevenue
76221000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
213415000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
60275000 USD
us-gaap Operating Expenses
OperatingExpenses
177564000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
61044000 USD
us-gaap Operating Expenses
OperatingExpenses
185224000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
19458000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
49019000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
20360000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
43311000 USD
CY2016Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
563000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
1790000 USD
CY2017Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
737000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
2047000 USD
CY2016Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
2699000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
7689000 USD
CY2017Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
3052000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
8465000 USD
us-gaap Payments For Mortgage Deposits
PaymentsForMortgageDeposits
5954000 USD
us-gaap Payments For Mortgage Deposits
PaymentsForMortgageDeposits
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
40279000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
38740000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
50000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
8000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
812000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
49864000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
5037000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
17095000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
21523000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2778000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4350000 USD
us-gaap Proceeds From Issuance Of Common Stock
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29736000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
33450000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
82000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
13446000 USD
us-gaap Profit Loss
ProfitLoss
29018000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
14493000 USD
us-gaap Profit Loss
ProfitLoss
24222000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
147902000 USD
CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
182365000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1380996000 USD
CY2017Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1445548000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1233094000 USD
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1263183000 USD
CY2016Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
20424000 USD
CY2017Q3 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
25448000 USD
CY2016Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
5417000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
15454000 USD
CY2017Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
5349000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
15710000 USD
CY2016Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
2500000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
7000000 USD
CY2017Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
2700000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
7500000 USD
us-gaap Repayments Of Lines Of Credit
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46030000 USD
us-gaap Repayments Of Lines Of Credit
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59500000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2759000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3094000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25083000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
27693000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-45657000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-60097000 USD
CY2016Q3 us-gaap Revenue From Leased And Owned Hotels
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79733000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
226583000 USD
CY2017Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
81404000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
228535000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
582823000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
602144000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2256000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2785000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
13.17
CY2017Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
23980 shares
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
550000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
500000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
21.21
CY2016Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
26488 shares
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
337000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
28924000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
676742000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
692446000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
697002000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
690983000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
681590000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
698430000 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2017Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38567462 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38520689 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39550494 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38960455 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38307382 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38293704 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39298974 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38731900 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
4000 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%;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%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;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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0001476045-17-000087-index.html Edgar Link pending
0001476045-17-000087.txt Edgar Link pending
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cldt-20170930.xml Edgar Link completed
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cldt-20170930_cal.xml Edgar Link unprocessable
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