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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
ASSETS
Investments in lodging property, net
Investment in lodging property under development
Assets held for sale, net
Cash and cash equivalents
Restricted cash
Right-of-use assets, net
Trade receivables, net
Prepaid expenses and other
Deferred charges, net
Other assets
Total assets
LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY
Liabilities:
Debt, net of debt issuance costs
Lease liabilities, net
Accounts payable
Accrued expenses and other
Total liabilities
Commitments and contingencies (Note 11)
Redeemable non-controlling interests
Equity:
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:
Preferred stock
6.25% Series E Preferred Stock
5.875% Series F Preferred Stock
Common stock, $0.01 par value per share, 500,000,000 shares authorized, 107,854,017 and 108,798,686 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Additional paid-in capital
Accumulated other comprehensive income
Accumulated deficit and distributions in excess of retained earnings
Total stockholders’ equity
Non-controlling interests
Total equity
Total liabilities, redeemable non-controlling interests and equity

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