2020 Q1 Form 10-Q Financial Statement

#000147604520000059 Filed on May 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $60.21M $75.68M
YoY Change -20.44% 2.22%
Cost Of Revenue $36.34M $41.83M
YoY Change -13.11% 5.38%
Gross Profit $23.87M $33.85M
YoY Change -29.5% -1.43%
Gross Profit Margin 39.64% 44.73%
Selling, General & Admin $29.11M $32.99M
YoY Change -11.76% 2.87%
% of Gross Profit 121.96% 97.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.06M $12.77M
YoY Change 2.26% 6.11%
% of Gross Profit 54.72% 37.73%
Operating Expenses $42.18M $65.79M
YoY Change -35.88% 5.01%
Operating Profit -$17.69M $9.893M
YoY Change -278.77% -3.81%
Interest Expense $6.833M $7.197M
YoY Change -5.06% 8.54%
% of Operating Profit 72.75%
Other Income/Expense, Net
YoY Change
Pretax Income -$28.11M $1.628M
YoY Change -1826.72% -43.24%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$27.78M $1.613M
YoY Change -1822.44% -43.36%
Net Earnings / Revenue -46.14% 2.13%
Basic Earnings Per Share -$0.59 $0.03
Diluted Earnings Per Share -$0.59 $0.03
COMMON SHARES
Basic Shares Outstanding 46.95M shares 46.56M shares
Diluted Shares Outstanding 46.95M shares 46.73M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $58.00M $11.20M
YoY Change 417.86% -16.42%
Cash & Equivalents $57.97M $11.20M
Short-Term Investments
Other Short-Term Assets $6.000M $5.500M
YoY Change 9.09% -1.79%
Inventory
Prepaid Expenses
Receivables $2.800M $5.200M
Other Receivables $0.00 $0.00
Total Short-Term Assets $66.80M $21.90M
YoY Change 205.02% -9.88%
LONG-TERM ASSETS
Property, Plant & Equipment $1.388B $1.395B
YoY Change -0.53% 6.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $11.60M $42.20M
YoY Change -72.51% -13.7%
Other Assets $4.100M $5.000M
YoY Change -18.0% -9.09%
Total Long-Term Assets $1.403B $1.442B
YoY Change -2.7% 5.36%
TOTAL ASSETS
Total Short-Term Assets $66.80M $21.90M
Total Long-Term Assets $1.403B $1.442B
Total Assets $1.470B $1.464B
YoY Change 0.41% 5.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.30M $30.20M
YoY Change -16.23% -5.03%
Accrued Expenses $23.60M $25.60M
YoY Change -7.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $49.40M $61.50M
YoY Change -19.67% 62.7%
LONG-TERM LIABILITIES
Long-Term Debt $666.3M $597.6M
YoY Change 11.5% 10.83%
Other Long-Term Liabilities $16.20M $10.10M
YoY Change 60.4% 34.67%
Total Long-Term Liabilities $682.5M $607.7M
YoY Change 12.31% 11.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.40M $61.50M
Total Long-Term Liabilities $682.5M $607.7M
Total Liabilities $731.8M $669.2M
YoY Change 9.36% 14.52%
SHAREHOLDERS EQUITY
Retained Earnings -$180.5M -$113.0M
YoY Change 59.66% 39.02%
Common Stock $906.4M $897.6M
YoY Change 0.98% 1.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $725.9M $784.6M
YoY Change
Total Liabilities & Shareholders Equity $1.470B $1.464B
YoY Change 0.41% 5.09%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$27.78M $1.613M
YoY Change -1822.44% -43.36%
Depreciation, Depletion And Amortization $13.06M $12.77M
YoY Change 2.26% 6.11%
Cash From Operating Activities -$2.860M $13.31M
YoY Change -121.49% -0.86%
INVESTING ACTIVITIES
Capital Expenditures -$12.31M -$11.74M
YoY Change 4.86% 68.92%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$12.31M -$11.74M
YoY Change 4.82% 98.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $92.00K $119.0K
YoY Change -22.69% -98.87%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $64.56M -$1.366M
YoY Change -4825.92% -73.71%
NET CHANGE
Cash From Operating Activities -$2.860M $13.31M
Cash From Investing Activities -$12.31M -$11.74M
Cash From Financing Activities $64.56M -$1.366M
Net Change In Cash $49.39M $204.0K
YoY Change 24110.29% -91.14%
FREE CASH FLOW
Cash From Operating Activities -$2.860M $13.31M
Capital Expenditures -$12.31M -$11.74M
Free Cash Flow $9.450M $25.05M
YoY Change -62.28% 22.94%

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CY2019Q1 cldt Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
-155000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-1829000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
723000 USD
CY2020Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
16000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
0 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3407000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3082000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6932000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
240000 USD
CY2020Q1 cldt Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-114000 USD
CY2019Q1 cldt Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-92000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2860000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13311000 USD
CY2020Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
6110000 USD
CY2019Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
11741000 USD
CY2020Q1 cldt Payments To Acquire Investment In Hotel Properties Under Development
PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment
6197000 USD
CY2019Q1 cldt Payments To Acquire Investment In Hotel Properties Under Development
PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment
0 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12307000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11741000 USD
CY2020Q1 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
86000000 USD
CY2019Q1 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
25500000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3000000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10000000 USD
CY2020Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2297000 USD
CY2019Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1308000 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2019Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
48000 USD
CY2020Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2000 USD
CY2019Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
26000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
92000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
119000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16237000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
15603000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
64556000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1366000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49389000 USD
CY2019Q1 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
113000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
204000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20182000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32337000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69571000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32541000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
6835000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
6789000 USD
CY2020Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
277000 USD
CY2019Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2020Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
4000 USD
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
8000 USD
CY2020Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
24516 shares
CY2019Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
27870 shares
CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
469000 USD
CY2019Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
5733000 USD
CY2019Q1 cldt Accrued But Unpaid Distribution
AccruedButUnpaidDistribution
535000 USD
CY2020Q1 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
113000 USD
CY2020Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
3338000 USD
CY2019Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
1671000 USD
CY2020Q1 cldt Aggregate Number Of Rooms In Hotels
AggregateNumberOfRoomsInHotels
6092 Room
CY2020Q1 cldt Numberof States In Which Hotels Are Owned
NumberofStatesInWhichHotelsAreOwned
15 state
CY2020Q1 cldt Initial Termof Taxable Real Estate Investment Trust Subsidiaries Lease
InitialTermofTaxableRealEstateInvestmentTrustSubsidiariesLease
P5Y
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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.</span></div>
CY2019Q4 us-gaap Land
Land
296884000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
300000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
500000 USD
CY2020Q1 us-gaap Land
Land
296888000 USD
CY2020Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1222072000 USD
CY2019Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1216849000 USD
CY2020Q1 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
85068000 USD
CY2019Q4 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
81707000 USD
CY2020Q1 us-gaap Development In Process
DevelopmentInProcess
28652000 USD
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
31589000 USD
CY2020Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1632680000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1627029000 USD
CY2020Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
292902000 USD
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
279913000 USD
CY2020Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1339778000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1347116000 USD
CY2020Q1 cldt Guarantee Obligations Percentageof Maximum Amountof Debt Outstanding
GuaranteeObligationsPercentageofMaximumAmountofDebtOutstanding
0.15
CY2020Q1 cldt Guarantee Obligations Percentageof Outstanding Debt Balances
GuaranteeObligationsPercentageofOutstandingDebtBalances
0.20
CY2020Q1 us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
15300000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-82000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2020Q1 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
680230000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
667564000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
586860000 USD
CY2020Q1 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1299000 USD
CY2019Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1395000 USD
CY2020Q1 us-gaap Secured Debt
SecuredDebt
666265000 USD
CY2019Q4 us-gaap Secured Debt
SecuredDebt
585465000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
8681000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
21908000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
182954000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
142565000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
295586000 USD
CY2020Q1 cldt Longterm Debt Maturities Repaymentsof Principalin Year Six
LongtermDebtMaturitiesRepaymentsofPrincipalinYearSix
15870000 USD
CY2020Q1 cldt Longterm Debt Maturities Repaymentsof Principalafter Year Six
LongtermDebtMaturitiesRepaymentsofPrincipalafterYearSix
0 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
667564000 USD
CY2020Q1 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1299000 USD
CY2020Q1 us-gaap Secured Debt
SecuredDebt
666265000 USD
CY2020Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2019Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2020Q1 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.22
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2020Q1 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.11
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2020Q1 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.11
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2020Q1 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.22
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2020Q1 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.22
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-27783000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1613000 USD
CY2020Q1 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
50000 USD
CY2019Q1 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
85000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-27833000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1528000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46948533 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46556710 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
178248 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46948533 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46734958 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2020Q1 cldt Minimum Percentage Of Annual Rent Increase
MinimumPercentageOfAnnualRentIncrease
0.025
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2M
CY2020Q1 cldt Maximum Additional Terms Up To Which Ground Lease Can Be Extended
MaximumAdditionalTermsUpToWhichGroundLeaseCanBeExtended
12 Term
CY2020Q1 cldt Amount Of Rent Expense Under Condition One
AmountOfRentExpenseUnderConditionOne
8400 USD
CY2020Q1 cldt Percentage Of Occupancy Under Condition One
PercentageOfOccupancyUnderConditionOne
0.85
CY2020Q1 cldt Amount Of Rent Expense Under Condition Two
AmountOfRentExpenseUnderConditionTwo
20000 USD
CY2020Q1 cldt Percentage Of Occupancy Under Condition Two
PercentageOfOccupancyUnderConditionTwo
1
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1524000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2051000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2071000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2093000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2115000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2186000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
66720000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
78760000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
55157000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
23603000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
23717000 USD
CY2020Q1 cldt Amortization Of Right Of Use Asset
AmortizationOfRightOfUseAsset
155000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseRemainderOfFiscalYear
2027000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Lases And Office Lease Due In Year Two
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseDueInYearTwo
2051000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Three
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearThree
2071000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Four
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearFour
2093000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Five
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearFive
2115000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease After Year Five
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseAfterYearFive
68906000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLease
79263000 USD
CY2020Q1 cldt Operating Lease Fixed Lease Payments
OperatingLeaseFixedLeasePayments
300000 USD
CY2020Q1 us-gaap Variable Lease Payment
VariableLeasePayment
100000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21270000 USD
CY2020Q1 cldt Amortization Of Lease Liability
AmortizationOfLeaseLiability
114000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21115000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
23603000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P40Y9M
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0656
CY2020Q1 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
2000000.0 USD
CY2019Q1 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
2500000 USD
CY2020Q1 cldt Franchise And Marketing Fees
FranchiseAndMarketingFees
4700000 USD
CY2019Q1 cldt Franchise And Marketing Fees
FranchiseAndMarketingFees
5900000 USD
CY2020Q1 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
2000000.0 USD
CY2019Q1 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
2500000 USD
CY2020Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
4000 USD
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1600000 USD

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