2021 Q2 Form 10-Q Financial Statement

#000129894621000092 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $124.8M $20.38M
YoY Change 512.35% -92.1%
Cost Of Revenue $96.39M $50.10M
YoY Change 92.4% -71.4%
Gross Profit $28.40M -$29.80M
YoY Change -195.3% -136.03%
Gross Profit Margin 22.76% -146.23%
Selling, General & Admin $11.06M $9.600M
YoY Change 15.25% 29.73%
% of Gross Profit 38.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.65M $28.80M
YoY Change -14.4% -1.71%
% of Gross Profit 86.81%
Operating Expenses $35.76M $38.40M
YoY Change -6.89% 4.35%
Operating Profit -$7.356M -$68.52M
YoY Change -89.26% -249.1%
Interest Expense $10.71M $11.63M
YoY Change -7.9% -6.35%
% of Operating Profit
Other Income/Expense, Net -$10.40M -$11.48M
YoY Change -9.44% -6.77%
Pretax Income -$21.67M -$80.00M
YoY Change -72.91% -337.78%
Income Tax -$2.551M -$6.615M
% Of Pretax Income
Net Earnings -$19.03M -$72.78M
YoY Change -73.85% -351.32%
Net Earnings / Revenue -15.25% -357.14%
Basic Earnings Per Share -$0.10 -$0.36
Diluted Earnings Per Share -$0.10 -$0.36
COMMON SHARES
Basic Shares Outstanding 212.0M shares 200.8M shares
Diluted Shares Outstanding 212.0M shares 200.8M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $192.9M $87.80M
YoY Change 119.75% 109.55%
Cash & Equivalents $192.9M $87.80M
Short-Term Investments
Other Short-Term Assets $20.58M $24.80M
YoY Change -17.01% 49.4%
Inventory
Prepaid Expenses
Receivables $89.33M $62.10M
Other Receivables $0.00 $0.00
Total Short-Term Assets $302.9M $174.7M
YoY Change 73.35% 3.01%
LONG-TERM ASSETS
Property, Plant & Equipment $2.440B $3.030B
YoY Change -19.48% 1.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.69M $36.40M
YoY Change -26.69% -23.53%
Total Long-Term Assets $2.566B $3.164B
YoY Change -18.88% 1.21%
TOTAL ASSETS
Total Short-Term Assets $302.9M $174.7M
Total Long-Term Assets $2.566B $3.164B
Total Assets $2.869B $3.338B
YoY Change -14.06% 1.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $86.07M $80.50M
YoY Change 6.92% 3.74%
Accrued Expenses $106.5M $103.6M
YoY Change 2.78% 1.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $140.0M $167.1M
YoY Change -16.23% -9.82%
LONG-TERM LIABILITIES
Long-Term Debt $986.2M $1.152B
YoY Change -14.41% 7.01%
Other Long-Term Liabilities $130.4M $131.7M
YoY Change -1.02% 1.31%
Total Long-Term Liabilities $1.117B $1.284B
YoY Change -13.04% 6.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $140.0M $167.1M
Total Long-Term Liabilities $1.117B $1.284B
Total Liabilities $1.343B $1.532B
YoY Change -12.34% 4.22%
SHAREHOLDERS EQUITY
Retained Earnings -$771.3M -$286.2M
YoY Change 169.51% 4.51%
Common Stock $2.290B $2.085B
YoY Change 9.86% -0.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.519B $1.798B
YoY Change
Total Liabilities & Shareholders Equity $2.869B $3.338B
YoY Change -14.06% 1.3%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$19.03M -$72.78M
YoY Change -73.85% -351.32%
Depreciation, Depletion And Amortization $24.65M $28.80M
YoY Change -14.4% -1.71%
Cash From Operating Activities -$1.528M -$30.40M
YoY Change -94.97% -151.53%
INVESTING ACTIVITIES
Capital Expenditures -$7.607M -$20.70M
YoY Change -63.25% -64.92%
Acquisitions
YoY Change
Other Investing Activities $211.0M $0.00
YoY Change
Cash From Investing Activities $203.4M -$20.70M
YoY Change -1082.75% -64.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -106.2M -259.5M
YoY Change -59.07% -4354.1%
NET CHANGE
Cash From Operating Activities -1.528M -30.40M
Cash From Investing Activities 203.4M -20.70M
Cash From Financing Activities -106.2M -259.5M
Net Change In Cash 95.68M -310.6M
YoY Change -130.81% -5191.8%
FREE CASH FLOW
Cash From Operating Activities -$1.528M -$30.40M
Capital Expenditures -$7.607M -$20.70M
Free Cash Flow $6.079M -$9.700M
YoY Change -162.67% -108.22%

Facts In Submission

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drh Amortization Of Financing Costs And Derivative Gains Losses
AmortizationOfFinancingCostsAndDerivativeGainsLosses
935000 USD
drh Impairment Charges Included In Continuing And Discontinued Operations
ImpairmentChargesIncludedInContinuingAndDiscontinuedOperations
126697000 USD
drh Impairment Charges Included In Continuing And Discontinued Operations
ImpairmentChargesIncludedInContinuingAndDiscontinuedOperations
0 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
198000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
198000 USD
us-gaap Share Based Compensation
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4567000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3898000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-2348000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5346000 USD
drh Increase Decrease In Due To From Hotel Managers
IncreaseDecreaseInDueToFromHotelManagers
26692000 USD
drh Increase Decrease In Due To From Hotel Managers
IncreaseDecreaseInDueToFromHotelManagers
-37172000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12399000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-23292000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-36428000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-20140000 USD
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
0 USD
us-gaap Payments To Acquire Land
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1585000 USD
drh Proceeds From Extension Of Ground Lease
ProceedsFromExtensionOfGroundLease
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drh Proceeds From Extension Of Ground Lease
ProceedsFromExtensionOfGroundLease
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
213817000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
10663000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
191429000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-60441000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
7561000 USD
us-gaap Repayments Of Debt
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7082000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1015000 USD
us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
0 USD
us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
48000000 USD
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
0 USD
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
52517000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
115500000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
400000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
170500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
326015000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1149000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1410000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
118000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25557000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4909000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10000000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
201000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1482000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1248000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-70219000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24985000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
84782000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-55596000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
134846000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
179792000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219628000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124196000 USD
CY2020Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 USD
us-gaap Interest Paid Net
InterestPaidNet
21614000 USD
us-gaap Interest Paid Net
InterestPaidNet
21846000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
611000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-218000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2136000 USD
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
20000 USD
CY2020Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
138000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2520000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5208000 USD
drh Transfer Of Land Interest As Consideration For Extension Of Ground Lease
TransferOfLandInterestAsConsiderationForExtensionOfGroundLease
855000 USD
drh Transfer Of Land Interest As Consideration For Extension Of Ground Lease
TransferOfLandInterestAsConsiderationForExtensionOfGroundLease
0 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
192942000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111796000 USD
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
26686000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
23050000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219628000 USD
CY2021Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
134846000 USD
CY2021Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
29 hotel
CY2021Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
8878 room
CY2021Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
30 hotel
CY2021Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
30 hotel
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
192900000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><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 style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13500000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
25600000 USD
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of our cash and cash equivalents. We maintain cash and cash equivalents with various financial institutions. We perform periodic evaluations of the relative credit standing of these financial institutions and limit the amount of credit exposure with any one institution.</span></div>
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3474496000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3927691000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1034941000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1110335000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2439555000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2817356000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2500000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3900000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P66Y
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0577
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2774000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2763000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
5534000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
5571000 USD
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
124000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
165000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
239000 USD
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
878000 USD
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
803000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1744000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1610000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1756000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3940000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3997000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3976000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4036000 USD
CY2021Q2 drh Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
761689000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
779394000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
672914000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
106480000 USD
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
drh Common Stock Voting Rights Votes
CommonStockVotingRightsVotes
1 vote
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 drh Common Unit Issuance Value Per Share
CommonUnitIssuanceValuePerShare
11.76
CY2018Q4 drh Operating Partnership Units Option To Redeem For Common Stock Ratio
OperatingPartnershipUnitsOptionToRedeemForCommonStockRatio
1
CY2018Q4 drh Operating Partnership Units Option To Redeem For Common Stock Ratio
OperatingPartnershipUnitsOptionToRedeemForCommonStockRatio
1
CY2021Q1 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.515625
CY2021Q2 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.515625
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21487000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-72782000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-194788000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-107341000 USD
CY2021Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
CY2020Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
CY2021Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-21487000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-72782000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-194788000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-107341000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211966308 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
200797317 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211819758 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201002576 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
211966308 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
200797317 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
211819758 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
201002576 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.92
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.53
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.92
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.53
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
986247000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1048699000 USD
CY2021Q2 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0397
CY2021Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
29 hotel
drh Percent Of Unused Portion Line Of Credit Facility Triggering Commitment Fee Percentage
PercentOfUnusedPortionLineOfCreditFacilityTriggeringCommitmentFeePercentage
0.50
drh Percent Of Unused Portion Line Of Credit Facility Triggering Commitment Fee Percentage
PercentOfUnusedPortionLineOfCreditFacilityTriggeringCommitmentFeePercentage
0.50
drh Debt Instrument Covenant Minimum Liquidity
DebtInstrumentCovenantMinimumLiquidity
100000000 USD
drh Debt Instrument Covenant Acquisition Limitation
DebtInstrumentCovenantAcquisitionLimitation
300000000 USD
CY2021Q1 drh Debt Instrument Maximum Leverage Ratio
DebtInstrumentMaximumLeverageRatio
0.60
CY2021Q2 drh Debt Instrument Maximum Leverage Ratio
DebtInstrumentMaximumLeverageRatio
0.65
CY2021Q1 drh Debt Instrument Unencumbered Leverage Ratio
DebtInstrumentUnencumberedLeverageRatio
0.60
CY2021Q2 drh Debt Instrument Unencumbered Leverage Ratio
DebtInstrumentUnencumberedLeverageRatio
0.65
CY2020Q3 drh Debt Instrument Covenant Maximum Annual Preferred Dividends
DebtInstrumentCovenantMaximumAnnualPreferredDividends
17500000 USD
CY2021Q1 drh Debt Instrument Maximum Leverage Ratio
DebtInstrumentMaximumLeverageRatio
0.60
CY2021Q2 drh Debt Instrument Maximum Leverage Ratio
DebtInstrumentMaximumLeverageRatio
0.65
CY2021Q1 drh Debt Instrument Unencumbered Leverage Ratio
DebtInstrumentUnencumberedLeverageRatio
0.60
CY2021Q2 drh Debt Instrument Unencumbered Leverage Ratio
DebtInstrumentUnencumberedLeverageRatio
0.65
CY2021Q1 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0255
CY2021Q1 drh Debt Instrument Covenant Minimum Liquidity
DebtInstrumentCovenantMinimumLiquidity
125000000.0 USD
CY2021Q1 drh Debt Instrument Covenant Maximum Annual Preferred Dividends
DebtInstrumentCovenantMaximumAnnualPreferredDividends
25000000.0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD

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