2021 Q4 Form 10-Q Financial Statement

#000147604521000097 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $57.32M $64.30M $34.97M
YoY Change 93.88% 83.86% -61.18%
Cost Of Revenue $13.75M $35.38M $21.87M
YoY Change 61.17% 61.77% -52.37%
Gross Profit $43.57M $28.92M $13.10M
YoY Change 107.1% 120.75% -70.34%
Gross Profit Margin 76.02% 44.98% 37.46%
Selling, General & Admin $29.77M $32.29M $23.60M
YoY Change 34.53% 36.84% -32.76%
% of Gross Profit 68.32% 111.67% 180.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.80M $13.67M $13.62M
YoY Change 2.49% 0.35% 5.39%
% of Gross Profit 31.66% 47.26% 103.97%
Operating Expenses $43.63M $45.96M $37.22M
YoY Change 22.39% 23.49% -46.97%
Operating Profit -$57.00K $4.440M -$10.25M
YoY Change -101.16% -143.34% -151.49%
Interest Expense -$5.671M $5.823M $7.245M
YoY Change -31.67% -19.63% 2.77%
% of Operating Profit 131.15%
Other Income/Expense, Net
YoY Change
Pretax Income -$11.45M -$1.383M -$18.31M
YoY Change 236.65% -92.45% -281.34%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.19M -$1.319M -$18.06M
YoY Change 233.4% -92.7% -280.53%
Net Earnings / Revenue -19.52% -2.05% -51.64%
Basic Earnings Per Share -$0.07 -$0.38
Diluted Earnings Per Share -$229.5K -$0.07 -$0.38
COMMON SHARES
Basic Shares Outstanding 48.77M shares 48.76M shares 46.97M shares
Diluted Shares Outstanding 48.76M shares 46.97M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.19M $18.58M $31.60M
YoY Change -9.06% -41.2% 206.8%
Cash & Equivalents $19.19M $18.58M $31.57M
Short-Term Investments
Other Short-Term Assets $2.791M $5.138M $4.000M
YoY Change 21.35% 28.45% -2.44%
Inventory
Prepaid Expenses
Receivables $3.003M $3.235M $2.200M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $24.98M $26.95M $37.80M
YoY Change -0.47% -28.7% 58.16%
LONG-TERM ASSETS
Property, Plant & Equipment $1.370B $1.384B $1.375B
YoY Change 3.08% 0.6% -1.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.68M $10.99M $10.80M
YoY Change 3.7% 1.72% -69.66%
Other Assets $4.627M $4.413M $5.600M
YoY Change -14.31% -21.2% 24.44%
Total Long-Term Assets $1.386B $1.399B $1.392B
YoY Change 3.02% 0.53% -2.65%
TOTAL ASSETS
Total Short-Term Assets $24.98M $26.95M $37.80M
Total Long-Term Assets $1.386B $1.399B $1.392B
Total Assets $1.411B $1.426B $1.429B
YoY Change 2.95% -0.25% -1.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.72M $30.77M $26.20M
YoY Change 9.13% 17.45% -27.82%
Accrued Expenses $22.70M $22.84M $23.40M
YoY Change -2.17% -2.41% -1.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $52.22M $55.74M $50.10M
YoY Change 6.35% 11.26% -24.21%
LONG-TERM LIABILITIES
Long-Term Debt $544.3M $543.7M $665.9M
YoY Change -10.6% -18.35% 14.1%
Other Long-Term Liabilities $0.00 $0.00 $18.60M
YoY Change -100.0% -100.0% 58.97%
Total Long-Term Liabilities $544.3M $543.7M $684.5M
YoY Change -13.44% -20.57% 14.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $52.22M $55.74M $50.10M
Total Long-Term Liabilities $544.3M $543.7M $684.5M
Total Liabilities $596.5M $599.4M $734.6M
YoY Change -11.99% -18.4% 11.06%
SHAREHOLDERS EQUITY
Retained Earnings -$251.1M -$237.9M -$225.4M
YoY Change 9.79% 5.58% 80.97%
Common Stock $1.049B $1.049B $906.5M
YoY Change 15.67% 15.67% 0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $797.5M $810.7M $681.1M
YoY Change
Total Liabilities & Shareholders Equity $1.411B $1.426B $1.429B
YoY Change 2.95% -0.25% -1.65%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$11.19M -$1.319M -$18.06M
YoY Change 233.4% -92.7% -280.53%
Depreciation, Depletion And Amortization $13.80M $13.67M $13.62M
YoY Change 2.49% 0.35% 5.39%
Cash From Operating Activities $10.36M $20.58M $2.990M
YoY Change -243.7% 588.39% -90.61%
INVESTING ACTIVITIES
Capital Expenditures -$7.667M -$77.65M -$6.660M
YoY Change -27.05% 1065.84% -69.89%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$7.667M -$77.65M -$6.660M
YoY Change -114.21% 1065.84% -69.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.391M -55.67M 330.0K
YoY Change -95.85% -16968.79% -103.14%
NET CHANGE
Cash From Operating Activities 10.36M 20.58M 2.990M
Cash From Investing Activities -7.667M -77.65M -6.660M
Cash From Financing Activities -2.391M -55.67M 330.0K
Net Change In Cash 303.0K -112.7M -3.340M
YoY Change -102.77% 3275.12% 530.19%
FREE CASH FLOW
Cash From Operating Activities $10.36M $20.58M $2.990M
Capital Expenditures -$7.667M -$77.65M -$6.660M
Free Cash Flow $18.03M $98.23M $9.650M
YoY Change 446.3% 917.91% -82.12%

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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9209000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-72667000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48755561 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46965526 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48211612 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46958143 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48755561 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46965526 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48211612 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46958143 shares
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
712144000 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
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
829059000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
0 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1100000 USD
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
1988000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-1383000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
826528000 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 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
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
692460000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
450000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3233000 USD
cldt Noncontrolling Interest Forfeited Distributions To Noncontrolling Interest Holders
NoncontrollingInterestForfeitedDistributionsToNoncontrollingInterestHolders
40000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
1988000 USD
cldt Noncontrolling Interest Increase Decrease From Reallocation
NoncontrollingInterestIncreaseDecreaseFromReallocation
0 USD
us-gaap Profit Loss
ProfitLoss
-7399000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
826528000 USD
us-gaap Profit Loss
ProfitLoss
-7399000 USD
us-gaap Profit Loss
ProfitLoss
-73616000 USD
us-gaap Depreciation
Depreciation
40172000 USD
us-gaap Depreciation
Depreciation
40165000 USD
cldt Amortization Of Deferred Franchise Fees
AmortizationOfDeferredFranchiseFees
183000 USD
cldt Amortization Of Deferred Franchise Fees
AmortizationOfDeferredFranchiseFees
184000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1444000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
866000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-21000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
23817000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
0 USD
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
15282000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3585000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3473000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
288000 USD
cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
-1231000 USD
cldt Income Loss From Unconsolidated Real Estate Entities
IncomeLossFromUnconsolidatedRealEstateEntities
-6099000 USD
cldt Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
-490000 USD
cldt Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
-469000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
1547000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-2401000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
327000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
21000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2872000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1415000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7649000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6569000 USD
cldt Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-397000 USD
cldt Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-356000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18416000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12750000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
5224000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
13907000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
71335000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
cldt Payments To Acquire Investment In Hotel Properties Under Development
PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment
20517000 USD
cldt Payments To Acquire Investment In Hotel Properties Under Development
PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment
13223000 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
2800000 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-94276000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27130000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
90000000 USD
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
86000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
155300000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3000000 USD
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
18958000 USD
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
3923000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
18992000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6732000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
144000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2004000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
24598000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
166000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
120000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
282000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16237000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
73973000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
62113000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1887000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22233000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31453000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20182000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29566000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42415000 USD
us-gaap Interest Paid Net
InterestPaidNet
19507000 USD
us-gaap Interest Paid Net
InterestPaidNet
20968000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2508000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
951000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
322000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
328000 USD
CY2021Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
40203 shares
CY2020Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
24516 shares
CY2021Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2134000 USD
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
469000 USD
CY2021Q3 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
353000 USD
CY2020Q3 cldt Accrued Share Based Compensation
AccruedShareBasedCompensation
338000 USD
CY2021Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
2271000 USD
CY2020Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
3670000 USD
CY2021Q3 cldt Aggregate Number Of Rooms In Hotels
AggregateNumberOfRoomsInHotels
6169 Room
CY2021Q3 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>
cldt Business Combination Property Acquisition Costs Capitalized
BusinessCombinationPropertyAcquisitionCostsCapitalized
100000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
400000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
200000 USD
CY2021Q3 us-gaap Land
Land
291749000 USD
CY2020Q4 us-gaap Land
Land
287049000 USD
CY2021Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1263289000 USD
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1195276000 USD
CY2021Q3 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
90799000 USD
CY2020Q4 cldt Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
84381000 USD
CY2021Q3 us-gaap Development In Process
DevelopmentInProcess
6387000 USD
CY2020Q4 us-gaap Development In Process
DevelopmentInProcess
11225000 USD
CY2021Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1652224000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1577931000 USD
CY2021Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
352928000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
312757000 USD
CY2021Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1299296000 USD
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1265174000 USD
CY2021Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1281356000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
544407000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
609741000 USD
CY2021Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
710000 USD
CY2020Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
971000 USD
CY2021Q3 us-gaap Secured Debt
SecuredDebt
543697000 USD
CY2020Q4 us-gaap Secured Debt
SecuredDebt
608770000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2450000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
79249000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
117876000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
328898000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
15934000 USD
CY2021Q3 cldt Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
544407000 USD
CY2021Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
710000 USD
CY2021Q3 us-gaap Secured Debt
SecuredDebt
543697000 USD
CY2021Q3 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
41000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020Q3 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
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
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
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2020 cldt Regular Distributions On Long Term Investment Plan
RegularDistributionsOnLongTermInvestmentPlan
0.22
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q3 cldt Common Share Number Of Votes Per Common Share
CommonShareNumberOfVotesPerCommonShare
1 vote
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48767816 shares
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4800000 shares
CY2021Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4800000 shares
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2000000 USD
cldt Stockholders Equity Note Stock Redemption Exchange Ratio
StockholdersEquityNoteStockRedemptionExchangeRatio
1
CY2021Q3 cldt Vested Operating Partnership Units Held By Current And Former Employees
VestedOperatingPartnershipUnitsHeldByCurrentAndFormerEmployees
976102000 shares
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3307000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18057000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9209000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-72667000 USD
CY2021Q3 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
0 USD
CY2020Q3 cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
0 USD
cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
0 USD
cldt Dividends Paid On Unvested Restricted Shares
DividendsPaidOnUnvestedRestrictedShares
50000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3307000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-18057000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9209000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-72717000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48755561 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46965526 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48211612 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46958143 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48755561 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46965526 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48211612 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46958143 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
516000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2071000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2093000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2115000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2186000 USD
CY2021Q3 cldt Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
66720000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
75701000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
52865000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
22836000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseRemainderOfFiscalYear
2051000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Lases And Office Lease Due In Year One
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseDueInYearOne
2071000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Lases And Office Lease Due In Year Two
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseDueInYearTwo
2093000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Three
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearThree
2115000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease Due In Year Four
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseDueInYearFour
2186000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease After Year Four
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLeaseAfterYearFour
66720000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLease
77236000 USD
CY2020Q4 cldt Lessee Operating Lease Liability Payments Required Under Ground Air Rights Garage Lases And Office Lease Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLasesAndOfficeLeaseUndiscountedExcessAmount
54003000 USD
CY2020Q4 cldt Operating Lease Liability Payments Required Under Ground Air Rights Garage Leases And Office Lease
OperatingLeaseLiabilityPaymentsRequiredUnderGroundAirRightsGarageLeasesAndOfficeLease
23233000 USD
CY2021Q3 cldt Operating Lease Fixed Lease Payments
OperatingLeaseFixedLeasePayments
300000 USD
CY2021Q3 us-gaap Variable Lease Payment
VariableLeasePayment
100000 USD
cldt Operating Lease Fixed Lease Payments
OperatingLeaseFixedLeasePayments
900000 USD
us-gaap Variable Lease Payment
VariableLeasePayment
200000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20641000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
23233000 USD
cldt Amortization Of Right Of Use Asset
AmortizationOfRightOfUseAsset
490000 USD
cldt Amortization Of Lease Liability
AmortizationOfLeaseLiability
397000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20151000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
22836000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P40Y6M21D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0659
CY2021Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
2200000 USD
CY2020Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
1300000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
5100000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
4200000 USD
CY2021Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
2200000 USD
CY2020Q3 cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
1300000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
5100000 USD
cldt Management Fees Recorded Within Hotel Other Operating Expenses
ManagementFeesRecordedWithinHotelOtherOperatingExpenses
4200000 USD
CY2021Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
600000 USD
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
300000 USD

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