$INN
Summit Hotel Properties, Inc. Stock $inn

$inn Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000110465914075751 Filed on November 03, 2014

Income Statement

Concept	2014 Q4	2014 Q3	2013 Q4
Revenue	$99.10M	$109.3M	$77.96M
YoY Change	27.12%	32.96%	72.82%
Cost Of Revenue	$66.80M	$68.19M	$54.10M
YoY Change	23.48%	26.79%	66.46%
Gross Profit	$32.40M	$41.06M	$23.80M
YoY Change	36.13%	44.64%	88.89%
Gross Profit Margin	32.69%	37.59%	30.53%
Selling, General & Admin	$4.500M	$5.700M	$2.900M
YoY Change	55.17%	90.0%	16.0%
% of Gross Profit	13.89%	13.88%	12.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$17.50M	$15.70M	$13.90M
YoY Change	25.9%	9.03%	41.84%
% of Gross Profit	54.01%	38.23%	58.4%
Operating Expenses	$20.90M	$22.10M	$16.90M
YoY Change	23.67%	31.55%	42.02%
Operating Profit	$11.50M	$14.81M	$6.900M
YoY Change	66.67%	46.88%	885.71%
Interest Expense	-$6.900M	$6.839M	-$5.300M
YoY Change	30.19%	14.98%	43.24%
% of Operating Profit	-60.0%	46.18%	-76.81%
Other Income/Expense, Net	-$100.0K	-$6.042M	-$1.700M
YoY Change	-94.12%	-1.47%	-950.0%
Pretax Income	$4.400M	$8.766M	-$200.0K
YoY Change	-2300.0%	121.92%	-95.92%
Income Tax	-$100.0K	$427.0K	$3.600M
% Of Pretax Income	-2.27%	4.87%
Net Earnings	$4.700M	$8.230M	-$1.859M
YoY Change	-352.82%	-1387.95%	126.43%
Net Earnings / Revenue	4.74%	7.53%	-2.38%
Basic Earnings Per Share
Diluted Earnings Per Share	$55.04K	$43.38K	-$22.38K
COMMON SHARES
Basic Shares Outstanding	86.00M shares	85.30M shares
Diluted Shares Outstanding		85.92M shares

Balance Sheet

Concept	2014 Q4	2014 Q3	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$38.60M	$34.80M	$46.70M
YoY Change	-17.34%	-23.52%	233.57%
Cash & Equivalents	$38.58M	$34.78M	$46.71M
Short-Term Investments
Other Short-Term Assets	$6.200M	$6.200M	$8.900M
YoY Change	-30.34%	-70.48%	67.92%
Inventory
Prepaid Expenses
Receivables	$7.700M	$11.90M	$7.200M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$52.50M	$52.90M	$62.80M
YoY Change	-16.4%	-30.58%	153.23%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.339B	$1.343B	$1.150B
YoY Change	16.47%	24.09%	56.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$300.0K	$200.0K	$0.00
YoY Change		-99.02%	-100.0%
Other Assets	$44.50M	$53.40M	$61.00M
YoY Change	-27.05%	-35.97%	185.05%
Total Long-Term Assets	$1.407B	$1.420B	$1.232B
YoY Change	14.19%	17.96%	56.7%
TOTAL ASSETS
Total Short-Term Assets	$52.50M	$52.90M	$62.80M
Total Long-Term Assets	$1.407B	$1.420B	$1.232B
Total Assets	$1.459B	$1.473B	$1.294B
YoY Change	12.71%	15.07%	59.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.300M	$5.000M	$7.600M
YoY Change	-3.95%	-46.24%	52.0%
Accrued Expenses	$38.10M	$42.30M	$27.20M
YoY Change	40.07%	37.34%	43.16%
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	$45.40M	$47.30M	$34.80M
YoY Change	30.46%	17.96%	45.0%
LONG-TERM LIABILITIES
Long-Term Debt	$626.5M	$624.3M	$435.6M
YoY Change	43.82%	55.96%	39.35%
Other Long-Term Liabilities	$2.000M	$1.600M	$1.800M
YoY Change	11.11%	-20.0%	200.0%
Total Long-Term Liabilities	$628.5M	$625.9M	$437.4M
YoY Change	43.69%	55.58%	39.66%
TOTAL LIABILITIES
Total Short-Term Liabilities	$45.40M	$47.30M	$34.80M
Total Long-Term Liabilities	$628.5M	$625.9M	$437.4M
Total Liabilities	$679.4M	$673.3M	$472.1M
YoY Change	43.91%	52.2%	39.98%
SHAREHOLDERS EQUITY
Retained Earnings		-$93.74M	-$72.58M
YoY Change		64.56%	126.91%
Common Stock		$859.0K	$854.0K
YoY Change		2.87%	84.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$779.6M	$791.8M	$809.8M
YoY Change
Total Liabilities & Shareholders Equity	$1.459B	$1.473B	$1.294B
YoY Change	12.71%	15.07%	59.66%

Cashflow Statement

Concept	2014 Q4	2014 Q3	2013 Q4
OPERATING ACTIVITIES
Net Income	$4.700M	$8.230M	-$1.859M
YoY Change	-352.82%	-1387.95%	126.43%
Depreciation, Depletion And Amortization	$17.50M	$15.70M	$13.90M
YoY Change	25.9%	9.03%	41.84%
Cash From Operating Activities	$23.10M	$30.20M	$26.20M
YoY Change	-11.83%	167.26%	159.41%
INVESTING ACTIVITIES
Capital Expenditures	$100.0K	-$61.50M	-$52.90M
YoY Change	-100.19%	-449.43%	-60.29%
Acquisitions
YoY Change
Other Investing Activities	-$7.100M	-$5.700M	$7.500M
YoY Change	-194.67%	-86.0%	-123.58%
Cash From Investing Activities	-$6.900M	-$67.20M	-$45.40M
YoY Change	-84.8%	193.45%	-72.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-12.30M	30.00M	20.40M
YoY Change	-160.29%	32.16%	-87.13%
NET CHANGE
Cash From Operating Activities	23.10M	30.20M	26.20M
Cash From Investing Activities	-6.900M	-67.20M	-45.40M
Cash From Financing Activities	-12.30M	30.00M	20.40M
Net Change In Cash	3.900M	-7.000M	1.200M
YoY Change	225.0%	-163.06%	-67.57%
FREE CASH FLOW
Cash From Operating Activities	$23.10M	$30.20M	$26.20M
Capital Expenditures	$100.0K	-$61.50M	-$52.90M
Free Cash Flow	$23.00M	$91.70M	$79.10M
YoY Change	-70.92%	-1555.56%	-44.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	item
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	10443000	USD
CY2014Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	208227000	USD
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	791768000	USD
	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	8232000	USD
CY2014Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1551426000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	165454000	USD
CY2014Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1343199000	USD
CY2014Q3	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	7860000	USD
CY2013Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	12224000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1149967000	USD
CY2013Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	358590000	USD
CY2014Q3	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	469604000	USD
CY2013Q4	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	76999000	USD
CY2014Q3	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	154699000	USD
CY2014Q3	us-gaap	Long Term Debt LongTermDebt	624303000	USD
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	435589000	USD
CY2014Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	3500000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P10M24D
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	52000	USD
	inn	Net Income Loss Attributable To Noncontrolling Interest Excluding Discontinued Operations NetIncomeLossAttributableToNoncontrollingInterestExcludingDiscontinuedOperations	326000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-340000	USD
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	427000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	834000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1120000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1269000	USD
CY2014Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2014Q3	us-gaap	Fair Value Assets Level1 To Level2 Transfers Amount FairValueAssetsLevel1ToLevel2TransfersAmount	0	USD
CY2014Q3	us-gaap	Fair Value Assets Level2 To Level1 Transfers Amount FairValueAssetsLevel2ToLevel1TransfersAmount	0	USD
CY2014Q3	us-gaap	Fair Value Liabilities Level1 To Level2 Transfers Amount FairValueLiabilitiesLevel1ToLevel2TransfersAmount	0	USD
CY2014Q3	us-gaap	Fair Value Liabilities Level2 To Level1 Transfers Amount FairValueLiabilitiesLevel2ToLevel1TransfersAmount	0	USD
CY2014Q3	inn	Net Income Loss Attributable To Noncontrolling Interest Excluding Discontinued Operations NetIncomeLossAttributableToNoncontrollingInterestExcludingDiscontinuedOperations	51000	USD
	inn	Net Income Loss Attributable To Noncontrolling Interest Excluding Discontinued Operations NetIncomeLossAttributableToNoncontrollingInterestExcludingDiscontinuedOperations	99000	USD
CY2014Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	27000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	4114000	USD
CY2014Q3	us-gaap	Undistributed Earnings UndistributedEarnings	4056000	USD
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	85303000	shares
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	613000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85916000	shares
CY2013Q3	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	2830000	USD
CY2013Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4147000	USD
CY2013Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	21000	USD
CY2013Q3	inn	Net Income Loss Attributable To Noncontrolling Interest Excluding Discontinued Operations NetIncomeLossAttributableToNoncontrollingInterestExcludingDiscontinuedOperations	211000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-1549000	USD
CY2013Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-3258000	USD
CY2013Q3	us-gaap	Undistributed Earnings UndistributedEarnings	-4807000	USD
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68157000	shares
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	457000	shares
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68614000	shares
CY2013Q3	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.02
CY2013Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.07
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	68000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	7879000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	8154000	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	85192000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	512000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85704000	shares
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	10481000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-2398000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	-2738000	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65460000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	65854000	shares
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.01
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	-0.03
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.04
CY2014Q3	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	8339000	USD
CY2014Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4147000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	20487000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	12441000	USD
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-58000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	275000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.05
CY2014Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.05
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.09
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.10
	dei	Entity Registrant Name EntityRegistrantName	Summit Hotel Properties, Inc.
	dei	Entity Central Index Key EntityCentralIndexKey	0001497645
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2014-09-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2014Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	85996023	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2013Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	13748000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	46706000	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	38498000	USD
CY2013Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	7231000	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	8876000	USD
CY2013Q4	inn	Deferred Costs Net DeferredCostsNet	10270000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	49000	USD
CY2013Q4	us-gaap	Other Assets OtherAssets	6654000	USD
CY2013Q4	us-gaap	Assets Assets	1294476000	USD
CY2013Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	7583000	USD
CY2013Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	27154000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	472098000	USD
CY2014Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	854000	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	882858000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1379000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-72577000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	809840000	USD
CY2013Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	4722000	USD
CY2013Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	7816000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	822378000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1294476000	USD
CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	1626000	USD
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1472626000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	1000	USD
CY2014Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	799363000	USD
CY2014Q3	us-gaap	Development In Process DevelopmentInProcess	186000	USD
CY2014Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
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CY2014Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
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CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	85920290	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	85402408	shares
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CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	85402408	shares
CY2013Q3	us-gaap	Occupancy Revenue OccupancyRevenue	78010000	USD
	us-gaap	Occupancy Revenue OccupancyRevenue	209774000	USD
CY2013Q3	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	4164000	USD
	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	11228000	USD
CY2013Q3	us-gaap	Revenues Revenues	82174000	USD
	us-gaap	Revenues Revenues	221002000	USD
CY2013Q3	us-gaap	Occupancy Costs OccupancyCosts	21927000	USD
	us-gaap	Occupancy Costs OccupancyCosts	59181000	USD
CY2013Q3	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	11072000	USD
	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	28335000	USD
CY2013Q3	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	20784000	USD
	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	56714000	USD
CY2013Q3	us-gaap	Cost Of Revenue CostOfRevenue	53783000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	144230000	USD
CY2013Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	13872000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	37250000	USD
CY2013Q3	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	114000	USD
	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	1554000	USD
CY2013Q3	us-gaap	Disposal Group Not Discontinued Operation Loss Gain On Write Down DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown	1369000	USD
	us-gaap	Disposal Group Not Discontinued Operation Loss Gain On Write Down DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown	1369000	USD
CY2013Q3	us-gaap	Costs And Expenses CostsAndExpenses	72092000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	194457000	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	10082000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	26545000	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	5948000	USD
	us-gaap	Interest Expense InterestExpense	14877000	USD
CY2013Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6132000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-14795000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3950000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	11750000	USD
CY2013Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-3410000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-2508000	USD
CY2013Q3	us-gaap	Profit Loss ProfitLoss	-580000	USD
	us-gaap	Profit Loss ProfitLoss	7973000	USD
CY2013Q3	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-213000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-108000	USD
CY2013Q3	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	272000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	324000	USD
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	us-gaap	Net Income Loss NetIncomeLoss	7757000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4786000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2686000	USD
CY2014Q3	us-gaap	Revenues Revenues	109256000	USD
CY2014Q3	us-gaap	Cost Of Revenue CostOfRevenue	68192000	USD
CY2014Q3	us-gaap	Costs And Expenses CostsAndExpenses	94448000	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	14808000	USD
CY2014Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6042000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	8766000	USD
	us-gaap	Revenues Revenues	304325000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	194720000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	264042000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	40283000	USD
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	21321000	USD
CY2014Q3	us-gaap	Profit Loss ProfitLoss	8280000	USD
	us-gaap	Profit Loss ProfitLoss	20765000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	101000	USD
CY2014Q3	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	50000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-2127000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2127000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-2707000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1310000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1310000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	6663000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2671000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	855000	USD
CY2013Q3	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	-6818000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	6504000	USD
	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	-3939000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	9135000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	9075000	USD
CY2014Q3	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	4928000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	111000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	20876000	USD
	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	8332000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20773000	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	8654000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1616000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-964000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	888000	USD
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	2000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	2882000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4207000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	15694000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	13365000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	46247000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	388456000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	10246000	USD
	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	2800000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	33840000	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	599000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	33545000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	19623000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-422019000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	375745000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	321636000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2484000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	389389000	USD
	inn	Payments Of Dividends And Distributions PaymentsOfDividendsAndDistributions	33748000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	407266000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	31494000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1616000	USD
	us-gaap	Interest Paid InterestPaid	14639000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	246000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	683000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2843000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	33532000	USD
	inn	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 Value NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1Value	3685000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-11928000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	102621000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-193562000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	119000	USD
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	2221000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13980000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	45474000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34778000	USD
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	473537000	USD
CY2013Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	837457000	USD
	inn	Stock Issued During Period Common Stock Value New Issues StockIssuedDuringPeriodCommonStockValueNewIssues	300166000	USD
	inn	Stock Issued During Period Value Preferred New Issues StockIssuedDuringPeriodValuePreferredNewIssues	81723000	USD
	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	7500000	USD
	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	3685000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	8232000	USD
	us-gaap	Dividends Cash DividendsCash	33748000	USD
	us-gaap	Dividends Cash DividendsCash	42187000	USD
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Note 1 - Description of Business</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.55in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Summit Hotel Properties, Inc. (the “Company”) is a self-managed hotel investment company that was organized on June 30, 2010 as a Maryland corporation. The Company holds both general and limited partnership interests in Summit Hotel OP, LP (the “Operating Partnership”), a Delaware limited partnership also organized on June 30, 2010. On February 14, 2011, the Company closed on its initial public offering (“IPO”) of 26,000,000 shares of common stock and a concurrent private placement of 1,274,000 shares of common stock. Effective February 14, 2011, the Operating Partnership and Summit Hotel Properties, LLC (the “Predecessor”) completed the merger of the Predecessor with and into the Operating Partnership (the “Merger”). Unless the context otherwise requires, “we”, “us”, and “our” refer to the Company and its subsidiaries.</font></p> <p style="TEXT-INDENT: 0.55in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.55in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Summit Hotel OP, LP, the Operating Partnership subsidiary of the Company, filed a Form 15 on December 12, 2013 to voluntarily suspend its duty to file periodic and other reports with the Securities and Exchange Commission (the “SEC”) and to voluntarily deregister its common units of limited partnership interest under the Securities and Exchange Act of 1934 (the “Exchange Act”). As a result of filing the Form 15 with the SEC, the Operating Partnership is no longer required to file annual, quarterly or periodic reports with the SEC. The filing of the Form 15 by the Operating Partnership does not affect the registration of the Company’s common stock under the Exchange Act or the Company’s obligations as a reporting issuer under the Exchange Act.</font></p> <p style="TEXT-INDENT: 0.55in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.55in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">At September 30, 2014, our portfolio consisted of 91 upscale and upper midscale hotels with a total of 11,589 guestrooms located in 21 states. We have elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes commencing with our short taxable year ended December 31, 2011. To qualify as a REIT, we cannot operate or manage our hotels. Accordingly, substantially all of our hotels are leased to subsidiaries (“TRS Lessees”) of our taxable REIT subsidiary (“TRS”). We indirectly own 100% of the outstanding equity interests in all of our TRS Lessees.</font></p> </div>
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	3437000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-3608000	USD
CY2014Q3	us-gaap	Other Assets OtherAssets	8988000	USD
CY2014Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	5032000	USD
CY2013Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2954000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10054000	USD
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	253000	USD
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	1772000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	855000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	111000	USD
CY2013Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-184000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	82000	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	8230000	USD
CY2014Q3	us-gaap	Land Available For Development LandAvailableForDevelopment	13748000	USD
CY2014Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	35306000	USD
CY2014Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	11924000	USD
CY2014Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	6172000	USD
CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	218000	USD
CY2014Q3	inn	Deferred Costs Net DeferredCostsNet	10128000	USD
CY2014Q3	us-gaap	Assets Assets	1472626000	USD
CY2014Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	42302000	USD
CY2014Q3	us-gaap	Liabilities Liabilities	673263000	USD
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	859000	USD
CY2014Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	885830000	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1269000	USD
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-93736000	USD
CY2014Q3	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	7595000	USD
CY2014Q3	us-gaap	Occupancy Revenue OccupancyRevenue	103155000	USD
CY2014Q3	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	6101000	USD
	us-gaap	Occupancy Revenue OccupancyRevenue	287387000	USD
	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	16938000	USD
CY2014Q3	us-gaap	Occupancy Costs OccupancyCosts	26365000	USD
CY2014Q3	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	15376000	USD
CY2014Q3	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	26451000	USD
CY2014Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16831000	USD
CY2014Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5742000	USD
CY2014Q3	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	69000	USD
CY2014Q3	us-gaap	Disposal Group Not Discontinued Operation Loss Gain On Write Down DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown	3614000	USD
CY2014Q3	us-gaap	Interest Expense InterestExpense	6839000	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	797000	USD
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-59000	USD
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4083000	USD
	us-gaap	Occupancy Costs OccupancyCosts	76042000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	48906000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	15364000	USD
	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	778000	USD
	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	40610000	USD
	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	78068000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	39240000	USD
	us-gaap	Disposal Group Not Discontinued Operation Loss Gain On Write Down DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown	4274000	USD
	inn	Straight Line Rent Expense StraightLineRentExpense	36000	USD
	us-gaap	Interest Expense InterestExpense	20045000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1083000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	278000	USD
	us-gaap	Net Income Loss NetIncomeLoss	20663000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8222000	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	4674000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2843000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-70000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	284000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4646000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6605000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	79013000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	177761000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	186000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	34929000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	11597000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-18170000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	216001000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	70459000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	734000	USD
	inn	Payments Of Dividends And Distributions PaymentsOfDividendsAndDistributions	42187000	USD
	us-gaap	Interest Paid InterestPaid	19871000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	186000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	739000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	43172000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	48919000	USD
	inn	Straight Line Rent Expense StraightLineRentExpense	36000	USD

Files In Submission

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$INN
Summit Hotel Properties, Inc. Stock $inn

2014 Q4 Form 10-Q Financial Statement

#000110465914075751 Filed on November 03, 2014

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$INN Summit Hotel Properties, Inc. Stock $inn

2014 Q4 Form 10-Q Financial Statement

#000110465914075751 Filed on November 03, 2014

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Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INN
Summit Hotel Properties, Inc. Stock $inn