2020 Q3 Form 10-Q Financial Statement

#000147604520000098 Filed on October 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $34.97M $90.08M
YoY Change -61.18% 1.33%
Cost Of Revenue $21.87M $45.91M
YoY Change -52.37% 0.8%
Gross Profit $13.10M $44.17M
YoY Change -70.34% 1.89%
Gross Profit Margin 37.46% 49.03%
Selling, General & Admin $23.60M $35.10M
YoY Change -32.76% 0.0%
% of Gross Profit 180.15% 79.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.62M $12.92M
YoY Change 5.39% 8.02%
% of Gross Profit 103.97% 29.26%
Operating Expenses $37.22M $70.19M
YoY Change -46.97% 2.43%
Operating Profit -$10.25M $19.90M
YoY Change -151.49% -2.34%
Interest Expense $7.245M $7.050M
YoY Change 2.77% 5.1%
% of Operating Profit 35.43%
Other Income/Expense, Net
YoY Change
Pretax Income -$18.31M $10.10M
YoY Change -281.34% -31.26%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$18.06M $10.00M
YoY Change -280.53% -31.4%
Net Earnings / Revenue -51.64% 11.1%
Basic Earnings Per Share -$0.38 $0.21
Diluted Earnings Per Share -$0.38 $0.21
COMMON SHARES
Basic Shares Outstanding 46.97M shares 46.91M shares
Diluted Shares Outstanding 46.97M shares 47.15M shares

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.60M $10.30M
YoY Change 206.8% 0.0%
Cash & Equivalents $31.57M $10.26M
Short-Term Investments
Other Short-Term Assets $4.000M $4.100M
YoY Change -2.44% 7.89%
Inventory
Prepaid Expenses
Receivables $2.200M $9.500M
Other Receivables $0.00 $0.00
Total Short-Term Assets $37.80M $23.90M
YoY Change 58.16% 16.59%
LONG-TERM ASSETS
Property, Plant & Equipment $1.375B $1.390B
YoY Change -1.02% 4.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.80M $35.60M
YoY Change -69.66% -30.06%
Other Assets $5.600M $4.500M
YoY Change 24.44% -13.46%
Total Long-Term Assets $1.392B $1.430B
YoY Change -2.65% 3.25%
TOTAL ASSETS
Total Short-Term Assets $37.80M $23.90M
Total Long-Term Assets $1.392B $1.430B
Total Assets $1.429B $1.454B
YoY Change -1.65% 3.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.20M $36.30M
YoY Change -27.82% -0.27%
Accrued Expenses $23.40M $23.80M
YoY Change -1.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $50.10M $66.10M
YoY Change -24.21% 57.38%
LONG-TERM LIABILITIES
Long-Term Debt $665.9M $583.6M
YoY Change 14.1% 9.49%
Other Long-Term Liabilities $18.60M $11.70M
YoY Change 58.97% 46.25%
Total Long-Term Liabilities $684.5M $595.3M
YoY Change 14.98% 10.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.10M $66.10M
Total Long-Term Liabilities $684.5M $595.3M
Total Liabilities $734.6M $661.5M
YoY Change 11.06% 13.48%
SHAREHOLDERS EQUITY
Retained Earnings -$225.4M -$124.5M
YoY Change 80.97% 48.68%
Common Stock $906.5M $904.6M
YoY Change 0.21% 0.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $681.1M $780.1M
YoY Change
Total Liabilities & Shareholders Equity $1.429B $1.454B
YoY Change -1.65% 3.45%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$18.06M $10.00M
YoY Change -280.53% -31.4%
Depreciation, Depletion And Amortization $13.62M $12.92M
YoY Change 5.39% 8.02%
Cash From Operating Activities $2.990M $31.85M
YoY Change -90.61% -4.75%
INVESTING ACTIVITIES
Capital Expenditures -$6.660M -$22.12M
YoY Change -69.89% -30.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $250.0K
YoY Change -100.0% -75.73%
Cash From Investing Activities -$6.660M -$21.88M
YoY Change -69.56% -28.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 330.0K -10.50M
YoY Change -103.14% 5733.33%
NET CHANGE
Cash From Operating Activities 2.990M 31.85M
Cash From Investing Activities -6.660M -21.88M
Cash From Financing Activities 330.0K -10.50M
Net Change In Cash -3.340M -530.0K
YoY Change 530.19% -119.63%
FREE CASH FLOW
Cash From Operating Activities $2.990M $31.85M
Capital Expenditures -$6.660M -$22.12M
Free Cash Flow $9.650M $53.97M
YoY Change -82.12% -17.02%

Facts In Submission

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StockIssuedDuringPeriodValueNewIssues
75000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1099000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2019Q3 us-gaap Dividends Common Stock
DividendsCommonStock
15484000 USD
CY2019Q3 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.33
CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
350000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
10098000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
792035000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
712144000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
0 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
37000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1012000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-18312000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
694881000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
807418000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
500000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
207000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
6994000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3171000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.99
us-gaap Dividends Common Stock
DividendsCommonStock
46298000 USD
cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.99
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1001000 USD
cldt Noncontrolling Interest Increase Decrease From Reallocation
NoncontrollingInterestIncreaseDecreaseFromReallocation
0 USD
us-gaap Profit Loss
ProfitLoss
21251000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
792035000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
775024000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
450000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
3000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
163000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3424000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
us-gaap Dividends Common Stock
DividendsCommonStock
10331000 USD
cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.22
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
233000 USD
cldt Noncontrolling Interest Increase Decrease From Reallocation
NoncontrollingInterestIncreaseDecreaseFromReallocation
0 USD
us-gaap Profit Loss
ProfitLoss
-73616000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
694881000 USD
us-gaap Profit Loss
ProfitLoss
-73616000 USD
us-gaap Profit Loss
ProfitLoss
21251000 USD
us-gaap Depreciation
Depreciation
40165000 USD
us-gaap Depreciation
Depreciation
38508000 USD
cldt Amortization Of Deferred Franchise Fees
AmortizationOfDeferredFranchiseFees
184000 USD
cldt Amortization Of Deferred Franchise Fees
AmortizationOfDeferredFranchiseFees
186000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
866000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
684000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-3295000 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
15282000 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3473000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3508000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
288000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
0 USD
cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
-6099000 USD
cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
-3450000 USD
cldt Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
-469000 USD
cldt Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
-460000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-2401000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
4938000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
21000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
30000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6569000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1415000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1801000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5395000 USD
cldt Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-356000 USD
cldt Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-287000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12750000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69681000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
13907000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
30342000 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
8100000 USD
cldt Payments To Acquire Investment In Hotel Properties Under Development
PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment
13223000 USD
cldt Payments To Acquire Investment In Hotel Properties Under Development
PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment
6902000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
8987000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
661000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27130000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35696000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
86000000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
59500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
55000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
3923000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6732000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4424000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2004000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
48000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
207000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
166000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7199000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16237000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
46948000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
62113000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-39928000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22233000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5943000 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
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42415000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26394000 USD
us-gaap Interest Paid Net
InterestPaidNet
20968000 USD
us-gaap Interest Paid Net
InterestPaidNet
20605000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
951000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
226000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
328000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
591000 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
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
469000 USD
CY2019Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6018000 USD
CY2019Q3 cldt Accrued But Unpaid Distribution
AccruedButUnpaidDistribution
781000 USD
CY2020Q3 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
338000 USD
CY2019Q3 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
337000 USD
CY2020Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
3670000 USD
CY2019Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
2421000 USD
CY2020Q3 cldt Aggregate Number Of Rooms In Hotels
AggregateNumberOfRoomsInHotels
6092 Room
CY2020Q3 cldt Numberof States In Which Hotels Are Owned
NumberofStatesInWhichHotelsAreOwned
15 state
cldt Initial Termof Taxable Real Estate Investment Trust Subsidiaries Lease
InitialTermofTaxableRealEstateInvestmentTrustSubsidiariesLease
P5Y
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:36pt"><span style="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="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>
CY2020Q3 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
400000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
500000 USD
CY2020Q3 us-gaap Land
Land
296905000 USD
CY2019Q4 us-gaap Land
Land
296884000 USD
CY2020Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1233988000 USD
CY2019Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1216849000 USD
CY2020Q3 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
85246000 USD
CY2019Q4 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
81707000 USD
CY2020Q3 us-gaap Development In Process
DevelopmentInProcess
15281000 USD
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
31589000 USD
CY2020Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1631420000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1627029000 USD
CY2020Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
310655000 USD
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
279913000 USD
CY2020Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1320765000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1347116000 USD
cldt Guarantee Obligations Percentageof Maximum Amountof Debt Outstanding
GuaranteeObligationsPercentageofMaximumAmountofDebtOutstanding
0.15
cldt Guarantee Obligations Percentageof Outstanding Debt Balances
GuaranteeObligationsPercentageofOutstandingDebtBalances
0.20
CY2020Q3 cldt Number Of Hospitality Portfolios
NumberOfHospitalityPortfolios
6 portfolio
CY2020Q3 cldt Proceeds From Sale Of Portfolios
ProceedsFromSaleOfPortfolios
67500000 USD
CY2020Q3 cldt Number Of Hospitality Portfolios
NumberOfHospitalityPortfolios
6 portfolio
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
15300000 USD
CY2020Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-6000 USD
CY2019Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-20000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2020Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1097736000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
667052000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
586860000 USD
CY2020Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1105000 USD
CY2019Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1395000 USD
CY2020Q3 us-gaap Secured Debt
SecuredDebt
665947000 USD
CY2019Q4 us-gaap Secured Debt
SecuredDebt
585465000 USD
CY2020Q2 cldt Number Of Hotels Acquired
NumberOfHotelsAcquired
6 Hotel
CY2020Q2 cldt Number Of Hotels In Ownership By Company
NumberOfHotelsInOwnershipByCompany
18 Hotel
CY2020Q2 cldt Number Of Hotels In Ownership By Company
NumberOfHotelsInOwnershipByCompany
18 Hotel
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2665000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
22121000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
182954000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
143084000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
300309000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
15919000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
667052000 USD
CY2020Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1105000 USD
CY2020Q3 us-gaap Secured Debt
SecuredDebt
665947000 USD
CY2020Q3 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
10000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
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
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.22
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-18057000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
10002000 USD
us-gaap Net Income Loss
NetIncomeLoss
-72667000 USD
us-gaap Net Income Loss
NetIncomeLoss
21052000 USD
CY2020Q3 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
0 USD
CY2019Q3 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
107000 USD
cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
50000 USD
cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
299000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18057000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9895000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-72717000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20753000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46965526 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46913922 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46958143 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46744890 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
238244 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
212074 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46965526 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47152166 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46958143 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46956964 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
cldt Maximum Additional Terms Up To Which Ground Lease Can Be Extended
MaximumAdditionalTermsUpToWhichGroundLeaseCanBeExtended
12 Term
CY2020Q3 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P5Y
cldt Amount Of Rent Expense Under Condition One
AmountOfRentExpenseUnderConditionOne
8400 USD
cldt Percentage Of Occupancy Under Condition One
PercentageOfOccupancyUnderConditionOne
0.85
cldt Amount Of Rent Expense Under Condition Two
AmountOfRentExpenseUnderConditionTwo
20000 USD
cldt Percentage Of Occupancy Under Condition Two
PercentageOfOccupancyUnderConditionTwo
1
cldt Minimum Percentage Of Annual Rent Increase
MinimumPercentageOfAnnualRentIncrease
0.025
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
510000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2051000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2071000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2093000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2115000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2186000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
66720000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
77746000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
54385000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
23361000 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 One
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseDueInYearOne
2051000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Lases And Office Lease Due In Year Two
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseDueInYearTwo
2071000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Three
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearThree
2093000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Four
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearFour
2115000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease After Year Four
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseAfterYearFour
68906000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLease
79263000 USD
CY2019Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Lases And Office Lease Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseUndiscountedExcessAmount
55546000 USD
CY2019Q4 cldt Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease
OperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLease
23717000 USD
cldt Operating Lease Fixed Lease Payments
OperatingLeaseFixedLeasePayments
900000 USD
us-gaap Variable Lease Payment
VariableLeasePayment
33000.0 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21270000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
23717000 USD
cldt Amortization Of Right Of Use Asset
AmortizationOfRightOfUseAsset
469000 USD
cldt Amortization Of Lease Liability
AmortizationOfLeaseLiability
356000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20801000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
23361000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P40Y7M28D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0657
CY2020Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
1300000 USD
CY2019Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
3000000.0 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
4200000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
8400000 USD
CY2020Q3 cldt Franchise And Marketing Fees
FranchiseAndMarketingFees
2900000 USD
CY2019Q3 cldt Franchise And Marketing Fees
FranchiseAndMarketingFees
7100000 USD
cldt Franchise And Marketing Fees
FranchiseAndMarketingFees
9200000 USD
cldt Franchise And Marketing Fees
FranchiseAndMarketingFees
20100000 USD
CY2020Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
1300000 USD
CY2019Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
3000000.0 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
4200000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
8400000 USD
CY2020Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
400000 USD
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
700000 USD
CY2020Q3 cldt Number Of Hospitality Portfolios
NumberOfHospitalityPortfolios
6 portfolio
CY2020Q3 cldt Proceeds From Sale Of Portfolios
ProceedsFromSaleOfPortfolios
67500000 USD
CY2020Q3 cldt Number Of Hospitality Portfolios
NumberOfHospitalityPortfolios
6 portfolio

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