$DRH
DiamondRock Hospitality Co

2017 Q4 Form 10-Q Financial Statement

#000129894617000078 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $207.0M $223.5M $220.2M
YoY Change 0.2% 1.47% -7.66%
Cost Of Revenue $143.1M $155.9M $150.6M
YoY Change 0.14% 3.52% -9.0%
Gross Profit $63.90M $67.60M $69.60M
YoY Change 0.31% -2.87% -4.66%
Gross Profit Margin 30.86% 30.25% 31.6%
Selling, General & Admin $7.500M $6.100M $4.700M
YoY Change 20.97% 29.79% -21.67%
% of Gross Profit 11.74% 9.02% 6.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.10M $25.10M $23.60M
YoY Change 1.69% 6.36% -5.98%
% of Gross Profit 37.72% 37.13% 33.91%
Operating Expenses $31.60M $31.20M $28.30M
YoY Change 5.33% 10.25% -9.0%
Operating Profit $35.52M $34.32M $41.30M
YoY Change 5.24% -16.91% -0.27%
Interest Expense -$8.800M $9.692M $9.504M
YoY Change -4.35% 1.98% -26.37%
% of Operating Profit -24.78% 28.24% 23.01%
Other Income/Expense, Net -$9.320M -$6.973M
YoY Change 33.66% -45.44%
Pretax Income $26.00M $25.00M $34.33M
YoY Change 4.42% -27.18% 19.89%
Income Tax $5.400M $3.375M $4.393M
% Of Pretax Income 20.77% 13.5% 12.8%
Net Earnings $24.77M $21.62M $29.94M
YoY Change 3.62% -27.77% 22.37%
Net Earnings / Revenue 11.97% 9.68% 13.59%
Basic Earnings Per Share $0.12 $0.11 $0.15
Diluted Earnings Per Share $0.12 $0.11 $0.15
COMMON SHARES
Basic Shares Outstanding 200.3M shares 200.8M shares 201.3M shares
Diluted Shares Outstanding 201.4M shares 201.7M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $183.6M $166.6M $236.0M
YoY Change -24.48% -29.41% 280.65%
Cash & Equivalents $183.6M $166.6M $236.0M
Short-Term Investments
Other Short-Term Assets $71.50M $77.70M $47.70M
YoY Change 274.35% 62.89% -11.17%
Inventory
Prepaid Expenses
Receivables $32.32M $98.30M $87.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $341.7M $342.6M $370.7M
YoY Change 0.47% -7.58% 70.12%
LONG-TERM ASSETS
Property, Plant & Equipment $2.692B $2.688B $2.642B
YoY Change 1.72% 1.75% -8.43%
Goodwill
YoY Change
Intangibles $26.69M $26.80M $18.08M
YoY Change 48.17% 48.24% -24.86%
Long-Term Investments
YoY Change
Other Assets $40.20M $42.30M $47.70M
YoY Change -12.8% -11.32% -24.53%
Total Long-Term Assets $2.759B $2.757B $2.708B
YoY Change 1.78% 1.83% -8.91%
TOTAL ASSETS
Total Short-Term Assets $341.7M $342.6M $370.7M
Total Long-Term Assets $2.759B $2.757B $2.708B
Total Assets $3.101B $3.100B $3.078B
YoY Change 1.64% 0.7% -3.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $74.20M $71.00M $55.40M
YoY Change 27.27% 28.16% -19.01%
Accrued Expenses
YoY Change
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 $83.50M $96.60M $79.00M
YoY Change 34.46% 22.28% -46.3%
LONG-TERM LIABILITIES
Long-Term Debt $937.8M $940.8M $923.0M
YoY Change 1.88% 1.93% -12.61%
Other Long-Term Liabilities $171.7M $173.3M $172.9M
YoY Change -0.87% 0.23% 80.29%
Total Long-Term Liabilities $1.110B $1.114B $1.096B
YoY Change 1.44% 1.66% -4.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.50M $96.60M $79.00M
Total Long-Term Liabilities $1.110B $1.114B $1.096B
Total Liabilities $1.267B $1.267B $1.234B
YoY Change 4.37% 2.69% -9.76%
SHAREHOLDERS EQUITY
Retained Earnings -$229.8M -$229.3M -$217.3M
YoY Change 4.18% 5.54% -7.44%
Common Stock $2.063B $2.062B $2.062B
YoY Change 0.3% 0.01% 0.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.834B $1.833B $1.844B
YoY Change
Total Liabilities & Shareholders Equity $3.101B $3.100B $3.078B
YoY Change 1.64% 0.7% -3.51%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $24.77M $21.62M $29.94M
YoY Change 3.62% -27.77% 22.37%
Depreciation, Depletion And Amortization $24.10M $25.10M $23.60M
YoY Change 1.69% 6.36% -5.98%
Cash From Operating Activities $54.60M $64.00M $57.90M
YoY Change -13.47% 10.54% 0.0%
INVESTING ACTIVITIES
Capital Expenditures -$21.40M -$17.90M -$24.60M
YoY Change -11.57% -27.24% 76.98%
Acquisitions
YoY Change
Other Investing Activities $10.00M $0.00 $64.80M
YoY Change 426.32% -100.0% 21500.0%
Cash From Investing Activities -$11.30M -$17.90M $40.20M
YoY Change -49.1% -144.53% -395.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.40M -28.30M -28.70M
YoY Change -15.48% -1.39% -56.78%
NET CHANGE
Cash From Operating Activities 54.60M 64.00M 57.90M
Cash From Investing Activities -11.30M -17.90M 40.20M
Cash From Financing Activities -28.40M -28.30M -28.70M
Net Change In Cash 14.90M 17.80M 69.40M
YoY Change 104.11% -74.35% -414.03%
FREE CASH FLOW
Cash From Operating Activities $54.60M $64.00M $57.90M
Capital Expenditures -$21.40M -$17.90M -$24.60M
Free Cash Flow $76.00M $81.90M $82.50M
YoY Change -12.94% -0.73% 14.9%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
DocumentType
10-Q
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.33
us-gaap Depreciation Nonproduction
DepreciationNonproduction
49000 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001298946
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
200305232 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
DiamondRock Hospitality Co
drh Amortization Of Financing Costs And Derivative Gains Losses
AmortizationOfFinancingCostsAndDerivativeGainsLosses
1760000 USD
drh Amortization Of Financing Costs And Derivative Gains Losses
AmortizationOfFinancingCostsAndDerivativeGainsLosses
1489000 USD
CY2016Q4 drh Due From Managers
DueFromManagers
77928000 USD
CY2017Q3 drh Due From Managers
DueFromManagers
98292000 USD
CY2016Q4 drh Due To Managers
DueToManagers
58294000 USD
CY2017Q3 drh Due To Managers
DueToManagers
70972000 USD
drh Impairment Charges Included In Continuing And Discontinued Operations
ImpairmentChargesIncludedInContinuingAndDiscontinuedOperations
0 USD
drh Impairment Charges Included In Continuing And Discontinued Operations
ImpairmentChargesIncludedInContinuingAndDiscontinuedOperations
42264000 USD
drh Increase Decrease In Due To From Hotel Managers
IncreaseDecreaseInDueToFromHotelManagers
13092000 USD
drh Increase Decrease In Due To From Hotel Managers
IncreaseDecreaseInDueToFromHotelManagers
11369000 USD
drh Line Of Credit Facility Covenant Percent Of Net Proceeds From Future Equity Issuances
LineOfCreditFacilityCovenantPercentOfNetProceedsFromFutureEquityIssuances
0.75
drh Maximum Possible Payout To Executive Officer As Percentage Of Target Award
MaximumPossiblePayoutToExecutiveOfficerAsPercentageOfTargetAward
1.5
drh Non Cash Ground Rent
NonCashGroundRent
4230000 USD
drh Non Cash Ground Rent
NonCashGroundRent
4756000 USD
drh Operating Partnership Units Option To Redeem For Common Stock Ratio
OperatingPartnershipUnitsOptionToRedeemForCommonStockRatio
1
drh Percent Of Unused Portion Line Of Credit Facility Triggering Commitment Fee Percentage
PercentOfUnusedPortionLineOfCreditFacilityTriggeringCommitmentFeePercentage
0.50
drh Sharebased Compensation Arrangementby Sharebased Payment Arrangement Performance Period
SharebasedCompensationArrangementbySharebasedPaymentArrangementPerformancePeriod
P3Y
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
55054000 USD
CY2017Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
56618000 USD
CY2016Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
80509000 USD
CY2017Q3 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
85047000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
735202000 USD
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
765213000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2055365000 USD
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2059919000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1434000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1434000 USD
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 USD
CY2016Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2357000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2357000 USD
CY2016Q4 us-gaap Assets
Assets
3069463000 USD
CY2017Q3 us-gaap Assets
Assets
3099931000 USD
CY2016Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.15
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.46
CY2017Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.11
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.33
CY2016Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.15
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.46
CY2017Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.11
CY2016Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
30455000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
92800000 USD
CY2017Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
21623000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
66830000 USD
CY2016Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
227110000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
710039000 USD
CY2017Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
223486000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
666389000 USD
CY2016Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2017Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-245000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2028000 USD
CY2016Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10800000 USD
CY2017Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4400000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
213584000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
235965000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
243095000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166619000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
22381000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-76476000 USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1250
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1250
CY2017Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1250
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
200200902 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
200305232 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
200200902 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
200305232 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
2002000 USD
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
2003000 USD
CY2016Q3 us-gaap Costs And Expenses
CostsAndExpenses
178936000 USD
us-gaap Costs And Expenses
CostsAndExpenses
566218000 USD
CY2017Q3 us-gaap Costs And Expenses
CostsAndExpenses
189168000 USD
us-gaap Costs And Expenses
CostsAndExpenses
558703000 USD
CY2016Q4 us-gaap Deferred Revenue
DeferredRevenue
20067000 USD
CY2017Q3 us-gaap Deferred Revenue
DeferredRevenue
17028000 USD
CY2016Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23605000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
73731000 USD
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
25083000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
75031000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
73731000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
75031000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
56000 USD
CY2016Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
23586000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
25567000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
25627000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2016Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
29103000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
97718000 USD
CY2017Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
30794000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
93324000 USD
CY2016Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
44069000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
151850000 USD
CY2017Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
42651000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
140191000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2198000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
10319000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-274000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4684000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17420000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6109000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19199000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34330000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
102247000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24998000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
76124000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4393000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11357000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3375000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9019000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1621000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
2688000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5572000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7975000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
735000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
560000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3083000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-2371000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-21000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-2039000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
39907000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18013000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
26795000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
9504000 USD
us-gaap Interest Expense
InterestExpense
32242000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
9692000 USD
us-gaap Interest Expense
InterestExpense
28790000 USD
us-gaap Interest Paid
InterestPaid
31856000 USD
us-gaap Interest Paid
InterestPaid
27183000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
333000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
451000 USD
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
372000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
923000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1232676000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
1267309000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3069463000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3099931000 USD
CY2016Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 USD
CY2017Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 USD
CY2016Q4 us-gaap Loans Payable
LoansPayable
99372000 USD
CY2017Q3 us-gaap Loans Payable
LoansPayable
298037000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
920539000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
940805000 USD
CY2017Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0375
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-238089000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57021000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
107925000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-168903000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
152545000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
149448000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
29937000 USD
us-gaap Net Income Loss
NetIncomeLoss
90890000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
21623000 USD
us-gaap Net Income Loss
NetIncomeLoss
67105000 USD
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6973000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21472000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9320000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28141000 USD
us-gaap Notes Reduction
NotesReduction
89486000 USD
us-gaap Notes Reduction
NotesReduction
0 USD
CY2017Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
28 Hotel
CY2017Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
9630 room
CY2016Q3 us-gaap Occupancy Costs
OccupancyCosts
39766000 USD
us-gaap Occupancy Costs
OccupancyCosts
121737000 USD
CY2017Q3 us-gaap Occupancy Costs
OccupancyCosts
41945000 USD
us-gaap Occupancy Costs
OccupancyCosts
120411000 USD
CY2016Q3 us-gaap Occupancy Revenue
OccupancyRevenue
163158000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
498714000 USD
CY2017Q3 us-gaap Occupancy Revenue
OccupancyRevenue
167990000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
483305000 USD
CY2016Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
72646000 USD
CY2017Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
71212000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
41303000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
123719000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
34318000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
104265000 USD
CY2016Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
74123000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
232576000 USD
CY2017Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
77769000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
228036000 USD
CY2016Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
13012000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
39373000 USD
CY2017Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
12845000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
39472000 USD
CY2016Q3 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
7655000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
23036000 USD
CY2017Q3 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
5356000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
18317000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
78652000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
77479000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1512000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
529000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75635000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75451000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2765000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1579000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
93795000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
37682000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
77694000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
100000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
200000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
75000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
183494000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3381878000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3453427000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2646676000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2688214000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
2143000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
3040000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
8384000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
9094000 USD
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
249793000 USD
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
170368000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
75000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
46069000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
42317000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-220580000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-229300000 USD
CY2016Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
220239000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
689937000 USD
CY2017Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
223486000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
662968000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
821167000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
642768000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4015000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4769000 USD
CY2017Q1 us-gaap Share Price
SharePrice
11.20
CY2017Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
143500000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1836787000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
1832622000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
201739604 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
201572206 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
201424400 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
201353649 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201297846 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201188563 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
200834910 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
200767104 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name View Source Status
0001298946-17-000078-index-headers.html Edgar Link pending
0001298946-17-000078-index.html Edgar Link pending
0001298946-17-000078.txt Edgar Link pending
0001298946-17-000078-xbrl.zip Edgar Link pending
drh-20170930.xml Edgar Link completed
drh-20170930.xsd Edgar Link pending
drh-20170930_cal.xml Edgar Link unprocessable
drh-20170930_def.xml Edgar Link unprocessable
drh-20170930_lab.xml Edgar Link unprocessable
drh-20170930_pre.xml Edgar Link unprocessable
drh_10qxseptember302017.htm Edgar Link pending
drh_exhibit311xseptember30.htm Edgar Link pending
drh_exhibit312xseptember30.htm Edgar Link pending
drh_exhibit321xseptember30.htm Edgar Link pending
drh_exhibit322xseptember30.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending