2023 Q2 Form 10-Q Financial Statement
#000129894623000046 Filed on May 05, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $291.2M | $243.6M | $196.8M |
YoY Change | 3.5% | 23.74% | 169.87% |
Cost Of Revenue | $199.7M | $179.7M | $144.9M |
YoY Change | 11.66% | 24.03% | 92.95% |
Gross Profit | $91.56M | $63.82M | $51.93M |
YoY Change | -10.74% | 22.9% | -2572.71% |
Gross Profit Margin | 31.44% | 26.2% | 26.38% |
Selling, General & Admin | $8.284M | $10.64M | $9.049M |
YoY Change | -28.05% | 17.55% | -9.51% |
% of Gross Profit | 9.05% | 16.67% | 17.43% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $27.84M | $27.47M | $26.66M |
YoY Change | 1.65% | 3.07% | -1.28% |
% of Gross Profit | 30.41% | 43.05% | 51.33% |
Operating Expenses | $36.12M | $38.11M | $35.70M |
YoY Change | -7.14% | 6.74% | -3.24% |
Operating Profit | $55.43M | $25.71M | $16.22M |
YoY Change | -12.94% | 58.48% | -141.6% |
Interest Expense | -$15.05M | $17.17M | $4.119M |
YoY Change | -255.5% | 316.9% | -51.45% |
% of Operating Profit | -27.14% | 66.79% | 25.39% |
Other Income/Expense, Net | -$15.05M | -$16.75M | -$4.405M |
YoY Change | 46.34% | 280.23% | -47.11% |
Pretax Income | $39.56M | $8.962M | $10.01M |
YoY Change | -25.91% | -10.43% | -105.89% |
Income Tax | $422.0K | -$226.0K | -$54.00K |
% Of Pretax Income | 1.07% | -2.52% | -0.54% |
Net Earnings | $36.51M | $9.156M | $10.03M |
YoY Change | -30.48% | -8.7% | -105.87% |
Net Earnings / Revenue | 12.54% | 3.76% | 5.09% |
Basic Earnings Per Share | $0.17 | $0.03 | $0.04 |
Diluted Earnings Per Share | $0.17 | $0.03 | $0.04 |
COMMON SHARES | |||
Basic Shares Outstanding | 209.8M shares | 209.6M shares | 212.5M shares |
Diluted Shares Outstanding | 212.2M shares | 211.8M shares | 213.2M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $98.56M | $76.50M | $41.58M |
YoY Change | 37.43% | 83.99% | -58.34% |
Cash & Equivalents | $98.56M | $76.50M | $41.58M |
Short-Term Investments | |||
Other Short-Term Assets | $86.22M | $70.66M | $98.38M |
YoY Change | 27.44% | -28.18% | 303.18% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $164.2M | $149.0M | $154.2M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $349.0M | $296.2M | $294.2M |
YoY Change | 11.22% | 0.68% | 49.77% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.838B | $2.743B | $2.659B |
YoY Change | 5.55% | 3.14% | -0.67% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $37.54M | $46.04M | $38.88M |
YoY Change | -11.38% | 18.41% | 61.34% |
Total Long-Term Assets | $2.876B | $2.887B | $2.795B |
YoY Change | 1.58% | 3.3% | -0.09% |
TOTAL ASSETS | |||
Total Short-Term Assets | $349.0M | $296.2M | $294.2M |
Total Long-Term Assets | $2.876B | $2.887B | $2.795B |
Total Assets | $3.225B | $3.184B | $3.089B |
YoY Change | 2.54% | 3.05% | 3.18% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $159.5M | $151.2M | $102.9M |
YoY Change | 50.42% | 46.97% | 25.77% |
Accrued Expenses | $111.2M | $111.4M | $109.1M |
YoY Change | 1.39% | 2.1% | 3.36% |
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 | $277.2M | $269.1M | $212.0M |
YoY Change | 81.32% | 26.93% | 46.53% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.181B | $1.184B | $1.174B |
YoY Change | 0.98% | 0.85% | 7.7% |
Other Long-Term Liabilities | $136.1M | $135.5M | $133.4M |
YoY Change | 1.57% | 1.62% | 0.51% |
Total Long-Term Liabilities | $1.317B | $1.319B | $1.307B |
YoY Change | 1.04% | 0.93% | 6.92% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $277.2M | $269.1M | $212.0M |
Total Long-Term Liabilities | $1.317B | $1.319B | $1.307B |
Total Liabilities | $1.601B | $1.588B | $1.560B |
YoY Change | 2.47% | 1.79% | 7.69% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$670.1M | -$700.3M | -$773.4M |
YoY Change | -7.36% | -9.45% | 3.14% |
Common Stock | $2.289B | $2.289B | $2.296B |
YoY Change | -0.41% | -0.32% | 0.38% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.623B | $1.589B | $1.523B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.225B | $3.184B | $3.089B |
YoY Change | 2.54% | 3.05% | 3.18% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $36.51M | $9.156M | $10.03M |
YoY Change | -30.48% | -8.7% | -105.87% |
Depreciation, Depletion And Amortization | $27.84M | $27.47M | $26.66M |
YoY Change | 1.65% | 3.07% | -1.28% |
Cash From Operating Activities | $56.36M | $58.07M | $13.15M |
YoY Change | -9.59% | 341.46% | -137.64% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $28.12M | $21.64M | -$75.69M |
YoY Change | -148.04% | -128.59% | 530.74% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$1.500M | $0.00 | -$35.18M |
YoY Change | -104.15% | -100.0% | |
Cash From Investing Activities | -$29.62M | -$21.64M | -$110.9M |
YoY Change | 32.53% | -80.48% | 827.31% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -13.19M | -$21.06M | $102.7M |
YoY Change | 106.72% | -120.52% | 185.19% |
NET CHANGE | |||
Cash From Operating Activities | 56.36M | $58.07M | $13.15M |
Cash From Investing Activities | -29.62M | -$21.64M | -$110.9M |
Cash From Financing Activities | -13.19M | -$21.06M | $102.7M |
Net Change In Cash | 13.55M | $15.36M | $4.956M |
YoY Change | -59.68% | 210.01% | -145.47% |
FREE CASH FLOW | |||
Cash From Operating Activities | $56.36M | $58.07M | $13.15M |
Capital Expenditures | $28.12M | $21.64M | -$75.69M |
Free Cash Flow | $28.24M | $36.43M | $88.84M |
YoY Change | -76.63% | -59.0% | -487.22% |
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CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
32000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
32000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9156000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10028000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2454000 | usd |
CY2022Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2454000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6702000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
7574000 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
9188000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
10060000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
-84000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
0 | usd |
CY2023Q1 | us-gaap |
Oci Equity Method Investment After Tax Parent
OciEquityMethodInvestmentAfterTaxParent
|
237000 | usd |
CY2022Q1 | us-gaap |
Oci Equity Method Investment After Tax Parent
OciEquityMethodInvestmentAfterTaxParent
|
0 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
9341000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
10060000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
32000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
32000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
9309000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
10028000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1596178000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.03 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6327000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.5156 | |
CY2023Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
2454000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1967000 | usd |
CY2023Q1 | drh |
Stock Redeemed To Satisfy Withholdings On Vested Share Based Compensation Value
StockRedeemedToSatisfyWithholdingsOnVestedShareBasedCompensationValue
|
3023000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
409000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
-84000 | usd |
CY2023Q1 | us-gaap |
Oci Equity Method Investment After Tax Parent
OciEquityMethodInvestmentAfterTaxParent
|
237000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
9188000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1595273000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1520964000 | usd |
CY2022Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.5156 | |
CY2022Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
2454000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1160000 | usd |
CY2022Q1 | drh |
Stock Redeemed To Satisfy Withholdings On Vested Share Based Compensation Value
StockRedeemedToSatisfyWithholdingsOnVestedShareBasedCompensationValue
|
810000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
10060000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1528920000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
9188000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
10060000 | usd |
CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
27472000 | usd |
CY2022Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
26655000 | usd |
CY2023Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
50000 | usd |
CY2022Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
59000 | usd |
CY2023Q1 | drh |
Non Cash Lease Expense And Other Amortization
NonCashLeaseExpenseAndOtherAmortization
|
1550000 | usd |
CY2022Q1 | drh |
Non Cash Lease Expense And Other Amortization
NonCashLeaseExpenseAndOtherAmortization
|
1568000 | usd |
CY2023Q1 | drh |
Fair Value Adjustment Of Derivative Instruments
FairValueAdjustmentOfDerivativeInstruments
|
2014000 | usd |
CY2022Q1 | drh |
Fair Value Adjustment Of Derivative Instruments
FairValueAdjustmentOfDerivativeInstruments
|
-7502000 | usd |
CY2023Q1 | drh |
Amortization Of Financing Costs And Derivative Gains Losses
AmortizationOfFinancingCostsAndDerivativeGainsLosses
|
513000 | usd |
CY2022Q1 | drh |
Amortization Of Financing Costs And Derivative Gains Losses
AmortizationOfFinancingCostsAndDerivativeGainsLosses
|
653000 | usd |
CY2023Q1 | drh |
Impairment Charges Included In Continuing And Discontinued Operations
ImpairmentChargesIncludedInContinuingAndDiscontinuedOperations
|
0 | usd |
CY2022Q1 | drh |
Impairment Charges Included In Continuing And Discontinued Operations
ImpairmentChargesIncludedInContinuingAndDiscontinuedOperations
|
2843000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
108000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
99000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1967000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1160000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-5123000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-248000 | usd |
CY2023Q1 | drh |
Increase Decrease In Due To From Hotel Managers
IncreaseDecreaseInDueToFromHotelManagers
|
-14291000 | usd |
CY2022Q1 | drh |
Increase Decrease In Due To From Hotel Managers
IncreaseDecreaseInDueToFromHotelManagers
|
16934000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3991000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5557000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
58069000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
13154000 | usd |
CY2023Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
21642000 | usd |
CY2022Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
11628000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
|
0 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
|
64061000 | usd |
CY2023Q1 | drh |
Payments For Purchase Deposits
PaymentsForPurchaseDeposits
|
0 | usd |
CY2022Q1 | drh |
Payments For Purchase Deposits
PaymentsForPurchaseDeposits
|
36180000 | usd |
CY2023Q1 | drh |
Proceeds From Receipt Of Deferred Key Money
ProceedsFromReceiptOfDeferredKeyMoney
|
0 | usd |
CY2022Q1 | drh |
Proceeds From Receipt Of Deferred Key Money
ProceedsFromReceiptOfDeferredKeyMoney
|
1000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-21642000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-110869000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2404000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
3935000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
110000000 | usd |
CY2023Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | usd |
CY2022Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
120000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
12773000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
10000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2454000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2454000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
409000 | usd |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3023000 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
810000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-21063000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
102671000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
15364000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4956000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
107178000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
75507000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
122542000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
80463000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
14368000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
10549000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
8000 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1000 | usd |
CY2023Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
6500000 | usd |
CY2022Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
9000 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
7711000 | usd |
CY2022Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
10422000 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
76503000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
67564000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
46039000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
39614000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
122542000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
107178000 | usd |
CY2023Q1 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
35 | hotel |
CY2023Q1 | us-gaap |
Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
|
9607 | room |
CY2023Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<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%">Reclassification</span></div><div style="text-align:justify;text-indent:24.75pt"><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%">Certain prior year amounts have been reclassified to conform to the current year presentation. These reclassifications did not effect the Company's financial position, results of operations, or cash flows.</span></div> | |
CY2023Q1 | 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> | |
CY2019Q4 | drh |
Common Unit Issuance Value Per Share
CommonUnitIssuanceValuePerShare
|
11.76 | |
CY2023Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
14500000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11000000 | usd |
CY2023Q1 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
0 | usd |
CY2023Q1 | 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> | |
CY2023Q1 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.0488 | |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3964178000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3942832000 | usd |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1221613000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1194356000 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2742565000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2748476000 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
7700000 | usd |
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
8000000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
1183578000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1185793000 | usd |
CY2023Q1 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
35 | hotel |
CY2023Q1 | us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
-100000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P64Y | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0577 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2770000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2786000 | usd |
CY2023Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
340000 | usd |
CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
230000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
983000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
985000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.08250 | |
CY2022 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.08250 | |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2975000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4012000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4072000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
4640000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
4783000 | usd |
CY2023Q1 | drh |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
754898000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
775380000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
663943000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
111437000 | usd |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | drh |
Common Stock Voting Rights Votes
CommonStockVotingRightsVotes
|
1 | vote |
CY2023Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
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 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.06 | |
CY2023Q1 | us-gaap |
Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
|
0.515625 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
212491561 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
211814722 | shares |
CY2023Q1 | drh |
Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
|
1 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6702000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
7574000 | usd |
CY2023Q1 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
0 | usd |
CY2022Q1 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
0 | usd |
CY2023Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
6702000 | usd |
CY2022Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
7574000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
211411519 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
213150818 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 |