$INN
Summit Hotel Properties, Inc. Stock $inn

$inn Overview Financials Valuation SEC Filings Company Website

2017 Q4 Form 10-Q Financial Statement

#000149764517000015 Filed on October 30, 2017

Income Statement

Concept	2017 Q4	2017 Q3	2016 Q3
Revenue	$131.7M	$136.6M	$118.3M
YoY Change	19.42%	15.42%	-5.4%
Cost Of Revenue	$84.80M	$86.07M	$73.53M
YoY Change	18.93%	17.05%	-6.2%
Gross Profit	$46.90M	$50.52M	$44.81M
YoY Change	19.95%	12.75%	-4.05%
Gross Profit Margin	35.6%	36.99%	37.86%
Selling, General & Admin	$4.600M	$4.600M	$4.400M
YoY Change	-6.12%	4.55%	-36.23%
% of Gross Profit	9.81%	9.11%	9.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$23.80M	$23.60M	$17.90M
YoY Change	27.27%	31.84%	12.58%
% of Gross Profit	50.75%	46.72%	39.95%
Operating Expenses	$28.50M	$28.10M	$22.30M
YoY Change	20.76%	26.01%	-2.19%
Operating Profit	$18.40M	$22.37M	$21.43M
YoY Change	18.71%	4.41%	-2.3%
Interest Expense	-$8.200M	$7.768M	$6.626M
YoY Change	18.84%	17.24%	-18.03%
% of Operating Profit	-44.57%	34.72%	30.92%
Other Income/Expense, Net	$900.0K	-$159.0K	$4.526M
YoY Change	28.57%	-103.51%	-155.59%
Pretax Income	$10.80M	$22.21M	$25.95M
YoY Change	27.06%	-14.41%	88.2%
Income Tax	$500.0K	-$231.0K	-$1.200M
% Of Pretax Income	4.63%	-1.04%	-4.62%
Net Earnings	$9.769M	$22.39M	$27.08M
YoY Change	-5.81%	-17.33%	100.02%
Net Earnings / Revenue	7.42%	16.39%	22.89%
Basic Earnings Per Share	$0.02	$0.18	$0.25
Diluted Earnings Per Share	$0.02	$0.17	$0.25
COMMON SHARES
Basic Shares Outstanding	104.3M shares	103.3M shares	86.49M shares
Diluted Shares Outstanding		103.6M shares	87.40M shares

Balance Sheet

Concept	2017 Q4	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$36.50M	$52.50M	$40.50M
YoY Change	5.19%	29.63%	26.56%
Cash & Equivalents	$36.55M	$52.45M	$40.49M
Short-Term Investments
Other Short-Term Assets	$9.500M	$5.300M	$8.000M
YoY Change	46.15%	-33.75%	-62.79%
Inventory
Prepaid Expenses
Receivables	$17.00M	$20.90M	$15.20M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$63.00M	$78.70M	$63.70M
YoY Change	18.87%	23.55%	-3.34%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.060B	$1.903B	$1.471B
YoY Change	33.83%	29.39%	16.07%
Goodwill
YoY Change
Intangibles	$21.76M	$21.97M
YoY Change	247.99%
Long-Term Investments	$36.10M	$18.80M	$17.60M
YoY Change	105.11%	6.82%
Other Assets	$35.90M	$34.80M	$91.90M
YoY Change	-60.68%	-62.13%	-63.93%
Total Long-Term Assets	$2.147B	$1.965B	$1.597B
YoY Change	28.9%	23.09%	3.42%
TOTAL ASSETS
Total Short-Term Assets	$63.00M	$78.70M	$63.70M
Total Long-Term Assets	$2.147B	$1.965B	$1.597B
Total Assets	$2.210B	$2.044B	$1.660B
YoY Change	28.59%	23.11%	3.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.800M	$7.300M	$4.200M
YoY Change	69.57%	73.81%	-2.33%
Accrued Expenses	$56.50M	$56.30M	$53.80M
YoY Change	20.47%	4.65%	14.23%
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	$64.30M	$63.60M	$58.00M
YoY Change	24.85%	9.66%	12.84%
LONG-TERM LIABILITIES
Long-Term Debt	$868.2M	$772.3M	$618.9M
YoY Change	33.08%	24.79%	-19.62%
Other Long-Term Liabilities		$400.0K	$1.900M
YoY Change		-78.95%	-45.71%
Total Long-Term Liabilities	$868.2M	$772.7M	$620.8M
YoY Change	32.85%	24.47%	-19.74%
TOTAL LIABILITIES
Total Short-Term Liabilities	$64.30M	$63.60M	$58.00M
Total Long-Term Liabilities	$868.2M	$772.7M	$620.8M
Total Liabilities	$932.5M	$836.3M	$678.8M
YoY Change	32.26%	23.2%	-18.15%
SHAREHOLDERS EQUITY
Retained Earnings	$9.201M	$24.78M	$9.470M
YoY Change	-747.05%	161.7%
Common Stock	$1.043M	$1.043M	$873.0K
YoY Change	11.55%	19.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.275B	$1.205B	$977.4M
YoY Change
Total Liabilities & Shareholders Equity	$2.210B	$2.044B	$1.660B
YoY Change	28.59%	23.11%	3.14%

Cashflow Statement

Concept	2017 Q4	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	$9.769M	$22.39M	$27.08M
YoY Change	-5.81%	-17.33%	100.02%
Depreciation, Depletion And Amortization	$23.80M	$23.60M	$17.90M
YoY Change	27.27%	31.84%	12.58%
Cash From Operating Activities	$31.20M	$46.50M	$42.90M
YoY Change	28.4%	8.39%	3.87%
INVESTING ACTIVITIES
Capital Expenditures	-$164.1M	-$57.60M	-$60.50M
YoY Change	118.8%	-4.79%	5.77%
Acquisitions
YoY Change
Other Investing Activities	-$35.10M	$22.60M	$3.500M
YoY Change	475.41%	545.71%	-115.49%
Cash From Investing Activities	-$199.2M	-$35.00M	-$56.90M
YoY Change	145.32%	-38.49%	-28.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	152.5M	14.60M	-21.90M
YoY Change	188.28%	-166.67%	-165.37%
NET CHANGE
Cash From Operating Activities	31.20M	46.50M	42.90M
Cash From Investing Activities	-199.2M	-35.00M	-56.90M
Cash From Financing Activities	152.5M	14.60M	-21.90M
Net Change In Cash	-15.50M	26.10M	-35.90M
YoY Change	287.5%	-172.7%	618.0%
FREE CASH FLOW
Cash From Operating Activities	$31.20M	$46.50M	$42.90M
Capital Expenditures	-$164.1M	-$57.60M	-$60.50M
Free Cash Flow	$195.3M	$104.1M	$103.4M
YoY Change	96.68%	0.68%	4.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001497645
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	104276587	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Summit Hotel Properties, Inc.
CY2016Q3	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	527000	USD
	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	2809000	USD
CY2017Q3	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	0	USD
	inn	Acquisition Related Expenses Net AcquisitionRelatedExpensesNet	354000	USD
CY2017Q3	inn	Business Acquisition Other Assets And Capitalized Transaction Costs BusinessAcquisitionOtherAssetsAndCapitalizedTransactionCosts	2200000	USD
CY2016Q3	inn	Business Acquisition Pro Forma Income Before Taxes BusinessAcquisitionProFormaIncomeBeforeTaxes	25181000	USD
	inn	Business Acquisition Pro Forma Income Before Taxes BusinessAcquisitionProFormaIncomeBeforeTaxes	79569000	USD
CY2017Q3	inn	Business Acquisition Pro Forma Income Before Taxes BusinessAcquisitionProFormaIncomeBeforeTaxes	14234000	USD
	inn	Business Acquisition Pro Forma Income Before Taxes BusinessAcquisitionProFormaIncomeBeforeTaxes	58044000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	500000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1135000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	600000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1215000	USD
CY2016Q3	inn	Business Acquisition Pro Forma Incomefrom Hotel Operations BusinessAcquisitionProFormaIncomefromHotelOperations	52250000	USD
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CY2017Q3	inn	Business Acquisition Pro Forma Incomefrom Hotel Operations BusinessAcquisitionProFormaIncomefromHotelOperations	50458000	USD
	inn	Business Acquisition Pro Forma Incomefrom Hotel Operations BusinessAcquisitionProFormaIncomefromHotelOperations	152282000	USD
CY2016Q3	inn	Business Acquisitions Pro Forma Profit Loss BusinessAcquisitionsProFormaProfitLoss	26426000	USD
	inn	Business Acquisitions Pro Forma Profit Loss BusinessAcquisitionsProFormaProfitLoss	76108000	USD
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	inn	Business Acquisitions Pro Forma Profit Loss BusinessAcquisitionsProFormaProfitLoss	57431000	USD
CY2016Q3	inn	Business Combination Pro Forma Information Real Estate Tax Expense Depreciation Expense Interest Expense And Other Corporate Expenses BusinessCombinationProFormaInformationRealEstateTaxExpenseDepreciationExpenseInterestExpenseAndOtherCorporateExpenses	34300000	USD
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CY2016Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements	143195000	USD
CY2017Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements	328395000	USD
CY2016Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Furniture Fixtures And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFurnitureFixturesAndEquipment	2948000	USD
CY2017Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Furniture Fixtures And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFurnitureFixturesAndEquipment	16294000	USD
CY2016Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets Current And Noncurrent BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssetsCurrentAndNoncurrent	504000	USD
CY2017Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets Current And Noncurrent BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssetsCurrentAndNoncurrent	1937000	USD
CY2016Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Liabilities Current And Noncurrent BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherLiabilitiesCurrentAndNoncurrent	723000	USD
CY2017Q3	inn	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Liabilities Current And Noncurrent BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherLiabilitiesCurrentAndNoncurrent	1354000	USD
CY2016Q3	inn	Business Combination Settlement Amountof Net Liabilities BusinessCombinationSettlementAmountofNetLiabilities	700000	USD
CY2017Q3	inn	Business Combination Settlement Amountof Net Working Capital Assets BusinessCombinationSettlementAmountofNetWorkingCapitalAssets	600000	USD
CY2016Q3	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	22632000	USD
	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	84045000	USD
CY2017Q3	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	18346000	USD
	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	77522000	USD
CY2017Q3	inn	Debt Instrument Collateral Number Of Real Estate Properties DebtInstrumentCollateralNumberOfRealEstateProperties	46	Property
CY2016Q4	inn	Deferred Costs Net DeferredCostsNet	3727000	USD
CY2017Q3	inn	Deferred Costs Net DeferredCostsNet	4669000	USD
CY2017Q3	inn	Employee Service Share Based Compensation Nonvested Awards Compensation Cost Remainder Of Fiscal Year EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostRemainderOfFiscalYear	1391000	USD
CY2017Q3	inn	Employee Service Share Based Compensation Nonvested Awards Compensation Cost Year Four EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostYearFour	391000	USD
CY2017Q3	inn	Employee Service Share Based Compensation Nonvested Awards Compensation Cost Year Three EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostYearThree	2350000	USD
CY2017Q3	inn	Employee Service Share Based Compensation Nonvested Awards Compensation Cost Year Two EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostYearTwo	3977000	USD
CY2017Q3	inn	Employee Service Sharebased Compensation Nonvested Awards Compensation Cost Year Five EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostYearFive	10000	USD
	inn	Escrow Deposits Disbursementsfor Acquisition EscrowDepositsDisbursementsforAcquisition	6446000	USD
	inn	Escrow Deposits Disbursementsfor Acquisition EscrowDepositsDisbursementsforAcquisition	0	USD
CY2016Q3	inn	Net Income Loss Attributable To Noncontrolling Interest Excluding Discontinued Operations NetIncomeLossAttributableToNoncontrollingInterestExcludingDiscontinuedOperations	115000	USD
	inn	Net Income Loss Attributable To Noncontrolling Interest Excluding Discontinued Operations NetIncomeLossAttributableToNoncontrollingInterestExcludingDiscontinuedOperations	454000	USD
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	us-gaap	Asset Impairment Charges AssetImpairmentCharges	577000	USD
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	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
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CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	93525469	shares
CY2017Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	104266587	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	86793521	shares
CY2016Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	87314950	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	93525469	shares
CY2017Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	104266587	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	935000	USD
CY2017Q3	us-gaap	Common Stock Value CommonStockValue	1043000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	27625000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	97332000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	22546000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	90122000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	118000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	453000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	56000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	292000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	27743000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	97785000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	22602000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	90414000	USD
CY2016Q3	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	29312000	USD
	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	92870000	USD
CY2017Q3	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	35820000	USD
	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	100297000	USD
CY2016Q3	us-gaap	Cost Of Revenue CostOfRevenue	73530000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	224425000	USD
CY2017Q3	us-gaap	Cost Of Revenue CostOfRevenue	86070000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	240773000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	318177000	USD
CY2016Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	657550000	USD
CY2016Q3	us-gaap	Costs And Expenses CostsAndExpenses	96909000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	295884000	USD
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	114214000	USD
CY2017Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	777464000	USD
CY2016	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.0369
	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.0378
CY2016Q1	us-gaap	Deferred Gain On Sale Of Property DeferredGainOnSaleOfProperty	20000000	USD
CY2016Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	17887000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	53715000	USD
CY2017Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	23594000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	62052000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	53715000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	62052000	USD
CY2016Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	1118000	USD
CY2017Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	438000	USD
CY2016Q4	us-gaap	Development In Process DevelopmentInProcess	0	USD
CY2017Q3	us-gaap	Development In Process DevelopmentInProcess	18754000	USD
	us-gaap	Dividends Cash DividendsCash	47506000	USD
	us-gaap	Dividends Cash DividendsCash	63424000	USD
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.25
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.97
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.78
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.25
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.96
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.17
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.78
CY2017Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	8119000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	348000	USD
CY2017Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	796000	USD
CY2016Q3	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	10491000	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	49997000	USD
CY2017Q3	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	7725000	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	43531000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	44997000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	28531000	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4388000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14358000	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4550000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14998000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	25953000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	98348000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	22214000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	90347000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1245000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1200000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	461000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-200000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-231000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	613000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	600000	USD
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	10348000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1109000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1817000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	1613000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	1726000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	881000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	2326000	USD
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	909000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	891000	shares
CY2017Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	379000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	366000	shares
CY2016Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	6602000	USD
CY2017Q3	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	22764000	USD
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6254000	USD
CY2017Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	21968000	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	6626000	USD
	us-gaap	Interest Expense InterestExpense	21232000	USD
CY2017Q3	us-gaap	Interest Expense InterestExpense	7768000	USD
	us-gaap	Interest Expense InterestExpense	21486000	USD
	us-gaap	Interest Paid InterestPaid	19425000	USD
	us-gaap	Interest Paid InterestPaid	20242000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	0	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	172000	USD
CY2016Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	5742000	USD
CY2017Q3	us-gaap	Land Available For Development LandAvailableForDevelopment	2942000	USD
CY2016Q3	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	400000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	1200000	USD
CY2017Q3	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	400000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	1300000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	705035000	USD
CY2017Q3	us-gaap	Liabilities Liabilities	836276000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1718505000	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2043878000	USD
CY2016Q4	us-gaap	Long Term Debt LongTermDebt	652414000	USD
CY2017Q3	us-gaap	Long Term Debt LongTermDebt	772275000	USD
CY2016Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	359867000	USD
CY2017Q3	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	365446000	USD
CY2016Q4	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	297683000	USD
CY2017Q3	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	412018000	USD
CY2016Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	3428000	USD
CY2017Q3	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	3086000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-30975000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	217782000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-70239000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-314265000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	112379000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	114240000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	22390000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	27083000	USD
	us-gaap	Net Income Loss NetIncomeLoss	97433000	USD
	us-gaap	Net Income Loss NetIncomeLoss	89445000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	22090000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	84146000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	18190000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	76845000	USD
CY2016Q3	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	115000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	454000	USD
CY2017Q3	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	55000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	289000	USD
CY2016Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4526000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	30619000	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-159000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	24892000	USD
CY2016Q4	us-gaap	Notes Receivable Net NotesReceivableNet	17585000	USD
CY2017Q3	us-gaap	Notes Receivable Net NotesReceivableNet	0	USD
CY2017Q3	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	79	hotel
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	Segment
CY2017Q3	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	24	State
CY2016Q3	us-gaap	Occupancy Costs OccupancyCosts	28705000	USD
	us-gaap	Occupancy Costs OccupancyCosts	82959000	USD
CY2017Q3	us-gaap	Occupancy Costs OccupancyCosts	33404000	USD
	us-gaap	Occupancy Costs OccupancyCosts	91221000	USD
CY2016Q3	us-gaap	Occupancy Revenue OccupancyRevenue	110777000	USD
	us-gaap	Occupancy Revenue OccupancyRevenue	340657000	USD
CY2017Q3	us-gaap	Occupancy Revenue OccupancyRevenue	127246000	USD
	us-gaap	Occupancy Revenue OccupancyRevenue	358110000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	21427000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	67729000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	22373000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	65455000	USD
CY2016Q4	us-gaap	Other Assets OtherAssets	5778000	USD
CY2017Q3	us-gaap	Other Assets OtherAssets	5794000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	545000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-102000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	157000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	680000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-102000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	680000	USD
CY2016Q3	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	15513000	USD
	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	48596000	USD
CY2017Q3	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	16846000	USD
	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	49255000	USD
CY2016Q3	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	7559000	USD
	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	22956000	USD
CY2017Q3	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	9341000	USD
	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	25522000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	573000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-51000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	661000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1854000	USD
	us-gaap	Revenues Revenues	363613000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-116000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2847000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	31098000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	25252000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1948000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1642000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1265000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	961000	USD
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	27500000	USD
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	0	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	169654000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	424734000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	0	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	15954000	USD
CY2016Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4993000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	13287000	USD
CY2017Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4200000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	12600000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2016Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	6474000	USD
CY2017Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	5294000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	250000000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	485000000	USD
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	7814000	USD
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	32500000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	145366000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	120901000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	27198000	USD
	us-gaap	Profit Loss ProfitLoss	97887000	USD
CY2017Q3	us-gaap	Profit Loss ProfitLoss	22445000	USD
	us-gaap	Profit Loss ProfitLoss	89734000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	225219000	USD
CY2017Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	268690000	USD
CY2016Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1770341000	USD
CY2017Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2171639000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1545122000	USD
CY2017Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1902949000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	302546000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	365087000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	24900000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	24881000	USD
CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	28933000	USD
CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	28900000	USD
CY2017Q3	us-gaap	Revenues Revenues	136587000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1422000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	24783000	USD
CY2016Q3	us-gaap	Revenues Revenues	118336000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3202000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	4483000	USD
	us-gaap	Revenues Revenues	383632000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3202000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4483000	USD
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	61622	shares
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	59111	shares
	us-gaap	Stock Issued During Period Shares Conversion Of Units StockIssuedDuringPeriodSharesConversionOfUnits	61056	shares
	us-gaap	Stock Issued During Period Shares Conversion Of Units StockIssuedDuringPeriodSharesConversionOfUnits	52808	shares
	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	5851	shares
	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	3553	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	10350000	shares
	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	406	shares
	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	1237	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	72290000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	163620000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1010042000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	1204516000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	856926000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	981432000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1013470000	USD
CY2017Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1207602000	USD
CY2016Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	5136000	USD
CY2017Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	5189000	USD
CY2016Q3	us-gaap	Undistributed Earnings UndistributedEarnings	22043000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	84019000	USD
CY2017Q3	us-gaap	Undistributed Earnings UndistributedEarnings	18121000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	76540000	USD
CY2016Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	47000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	127000	USD
CY2017Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	69000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	305000	USD
CY2017Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87401000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87319000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	103632000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	98471000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	86492000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	86428000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	103253000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	98105000	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">DESCRIPTION OF BUSINESS</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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") and completed certain formation transactions, including the merger of Summit Hotel Properties, LLC with and into the Operating Partnership. Unless the context otherwise requires, “we,” “us,” and “our” refer to the Company and its consolidated subsidiaries.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We focus on owning primarily premium-branded, select-service hotels. At </font><font style="font-family:inherit;font-size:10pt;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, our portfolio consisted of </font><font style="font-family:inherit;font-size:10pt;">79</font><font style="font-family:inherit;font-size:10pt;"> hotels with a tota</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">l of</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;"> </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">11,590</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;"> </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">gues</font><font style="font-family:inherit;font-size:10pt;">trooms located in </font><font style="font-family:inherit;font-size:10pt;">24</font><font style="font-family:inherit;font-size:10pt;"> 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, all of our hotels are leased to subsidiaries (“TRS Lessees”) of our taxable REIT subsidiary (“TRS”). We indirectly own </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of the outstanding equity interests in all of our TRS Lessees.</font></div></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts reported in previous periods have been reclassified to conform to the current presentation primarily as a result of the reclassification of certain intangible assets related to our acquisitions of hotel properties from Other assets to Investment in hotel properties, net, on the Company's balance sheet. These reclassifications had no net effect on the Company’s previously reported financial position or results of operations. See "Note 3 - Investment in Hotel Properties, net" for further details.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0001497645-17-000015-index-headers.html	Edgar Link	pending
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Summit Hotel Properties, Inc. Stock $inn

2017 Q4 Form 10-Q Financial Statement

#000149764517000015 Filed on October 30, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INN Summit Hotel Properties, Inc. Stock $inn

2017 Q4 Form 10-Q Financial Statement

#000149764517000015 Filed on October 30, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INN
Summit Hotel Properties, Inc. Stock $inn