$INN
Summit Hotel Properties, Inc. Stock $inn

$inn Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000149764523000011 Filed on May 03, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$194.5M	$182.4M
YoY Change	6.14%	28.56%
Cost Of Revenue	$109.6M	$104.8M
YoY Change	9.05%	26.88%
Gross Profit	$84.84M	$77.59M
YoY Change	2.59%	30.9%
Gross Profit Margin	43.62%	42.54%
Selling, General & Admin	$23.32M	$22.73M
YoY Change	7.94%	2.04%
% of Gross Profit	27.48%	29.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$37.51M	$36.91M
YoY Change	-1.44%	1.75%
% of Gross Profit	44.21%	47.57%
Operating Expenses	$60.83M	$59.39M
YoY Change	2.39%	1.43%
Operating Profit	$24.02M	$18.20M
YoY Change	-44.26%	2414.09%
Interest Expense	-$22.25M	$20.91M
YoY Change	-247.16%	55.58%
% of Operating Profit	-92.63%	114.87%
Other Income/Expense, Net	$490.0K	-$20.64M
YoY Change	-103.67%	76.49%
Pretax Income	$1.681M	-$2.442M
YoY Change	-94.35%	-77.75%
Income Tax	$791.0K	-$500.0K
% Of Pretax Income	47.06%
Net Earnings	-$753.0K	-$1.970M
YoY Change	-103.23%	-76.57%
Net Earnings / Revenue	-0.39%	-1.08%
Basic Earnings Per Share	-$0.01	-$0.05
Diluted Earnings Per Share	-$0.01	-$0.05
COMMON SHARES
Basic Shares Outstanding	107.5M shares	106.9M shares
Diluted Shares Outstanding	105.6M shares	105.3M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$58.46M	$60.68M
YoY Change	-46.86%	-26.36%
Cash & Equivalents	$58.46M	$60.68M
Short-Term Investments
Other Short-Term Assets	$15.64M	$19.35M
YoY Change	-1.72%	13.81%
Inventory
Prepaid Expenses
Receivables	$22.11M	$24.07M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$96.21M	$104.1M
YoY Change	-34.52%	-18.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.892B	$2.813B
YoY Change	-1.31%	-2.35%
Goodwill
YoY Change
Intangibles		$33.81M
YoY Change		-6.01%
Long-Term Investments
YoY Change
Other Assets	$20.68M	$97.26M
YoY Change	-53.0%	4.05%
Total Long-Term Assets	$2.937B	$2.924B
YoY Change	-1.35%	-1.84%
TOTAL ASSETS
Total Short-Term Assets	$96.21M	$104.1M
Total Long-Term Assets	$2.937B	$2.924B
Total Assets	$3.034B	$3.028B
YoY Change	-2.91%	-2.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.479M	$5.460M
YoY Change	-34.24%	2.23%
Accrued Expenses	$115.2M	$112.8M
YoY Change	7.1%	15.41%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$120.6M	$118.3M
YoY Change	4.12%	14.72%
LONG-TERM LIABILITIES
Long-Term Debt	$1.451B	$1.467B
YoY Change	-4.77%	-1.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$1.451B	$1.467B
YoY Change	-4.77%	-1.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$120.6M	$118.3M
Total Long-Term Liabilities	$1.451B	$1.467B
Total Liabilities	$2.084B	$1.585B
YoY Change	27.15%	0.03%
SHAREHOLDERS EQUITY
Retained Earnings		-$297.7M
YoY Change		8.24%
Common Stock		$1.075M
YoY Change		0.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$949.2M	$946.2M
YoY Change
Total Liabilities & Shareholders Equity	$3.034B	$3.028B
YoY Change	-2.91%	-2.52%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	-$753.0K	-$1.970M
YoY Change	-103.23%	-76.57%
Depreciation, Depletion And Amortization	$37.51M	$36.91M
YoY Change	-1.44%	1.75%
Cash From Operating Activities	$47.05M	$32.01M
YoY Change	-23.37%	25.49%
INVESTING ACTIVITIES
Capital Expenditures	$42.81M	$0.00
YoY Change	-602.62%	-100.0%
Acquisitions
YoY Change
Other Investing Activities	$7.491M	-$25.41M
YoY Change	-87.21%	107.21%
Cash From Investing Activities	-$35.32M	-$25.41M
YoY Change	-170.57%	-91.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-13.15M	$3.425M
YoY Change	-83.69%	-98.77%
NET CHANGE
Cash From Operating Activities	47.05M	$32.01M
Cash From Investing Activities	-35.32M	-$25.41M
Cash From Financing Activities	-13.15M	$3.425M
Net Change In Cash	-1.422M	$10.02M
YoY Change	-104.61%	-45.2%
FREE CASH FLOW
Cash From Operating Activities	$47.05M	$32.01M
Capital Expenditures	$42.81M	$0.00
Free Cash Flow	$4.235M	$32.01M
YoY Change	-93.94%	-89.26%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001497645
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-35074
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	SUMMIT HOTEL PROPERTIES, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	27-2962512
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	13215 Bee Cave Parkway, Suite B-300
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Austin
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	78738
CY2023Q1	dei	City Area Code CityAreaCode	512
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	538-2300
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	107469294	shares
CY2023Q1	inn	Lodging Property Investment Net Excluding Undeveloped Land LodgingPropertyInvestmentNetExcludingUndevelopedLand	2776947000	usd
CY2022Q4	inn	Lodging Property Investment Net Excluding Undeveloped Land LodgingPropertyInvestmentNetExcludingUndevelopedLand	2792552000	usd
CY2023Q1	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	79172000	usd
CY2022Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	78576000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	60678000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	51255000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	11153000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10553000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	35697000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	35023000	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	24070000	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	21015000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	19348000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	8378000	usd
CY2023Q1	inn	Deferred Costs Net DeferredCostsNet	6932000	usd
CY2022Q4	inn	Deferred Costs Net DeferredCostsNet	7074000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	14260000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	17844000	usd
CY2023Q1	us-gaap	Assets Assets	3028257000	usd
CY2022Q4	us-gaap	Assets Assets	3022270000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	1467123000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	1451796000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	26309000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	25484000	usd
CY2023Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	5460000	usd
CY2022Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	5517000	usd
CY2023Q1	inn	Accrued And Other Liabilities AccruedAndOtherLiabilities	86499000	usd
CY2022Q4	inn	Accrued And Other Liabilities AccruedAndOtherLiabilities	81304000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	1585391000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	1564101000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	50219000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	50219000	usd
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	107469863	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	107469863	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	106901576	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	106901576	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	1075000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1069000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1232457000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1232302000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	10270000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	14538000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-297687000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-288200000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	946219000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	959813000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	446428000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	448137000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1392647000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1407950000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3028257000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3022270000	usd
CY2023Q1	us-gaap	Revenues Revenues	182383000	usd
CY2022Q1	us-gaap	Revenues Revenues	141869000	usd
CY2023Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	14724000	usd
CY2022Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	13138000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	36908000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	36274000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8005000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9137000	usd
CY2023Q1	inn	Recoveries Of Credit Losses RecoveriesOfCreditLosses	-250000	usd
CY2022Q1	inn	Recoveries Of Credit Losses RecoveriesOfCreditLosses	0	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	164181000	usd
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	141145000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	18202000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	724000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	20909000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	13439000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	265000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1742000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-20644000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-11697000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2442000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10973000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-472000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2000000	usd
CY2023Q1	inn	Net Income Loss Available To Common Stockholders Before Amounts Allocated To Participating Securities NetIncomeLossAvailableToCommonStockholdersBeforeAmountsAllocatedToParticipatingSecurities	-1970000	usd
CY2022Q1	inn	Net Income Loss Available To Common Stockholders Before Amounts Allocated To Participating Securities NetIncomeLossAvailableToCommonStockholdersBeforeAmountsAllocatedToParticipatingSecurities	-8973000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1369000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1119000	usd
CY2023Q1	inn	Net Income Loss Available To Common Stockholders Before Preferred Stock Dividends NetIncomeLossAvailableToCommonStockholdersBeforePreferredStockDividends	-601000	usd
CY2022Q1	inn	Net Income Loss Available To Common Stockholders Before Preferred Stock Dividends NetIncomeLossAvailableToCommonStockholdersBeforePreferredStockDividends	-7854000	usd
CY2023Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	657000	usd
CY2022Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	555000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3970000	usd
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3970000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-5228000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-5228000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-12379000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-12379000	usd
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	105312000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	105312000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	104896000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	104896000	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-1970000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-8973000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-4388000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	12113000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-6358000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3140000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-1489000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	258000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-4869000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2882000	usd
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CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3970000	usd
CY2023Q1	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	-9496000	usd
CY2022Q1	inn	Comprehensive Income Loss Available To Common Stockholders ComprehensiveIncomeLossAvailableToCommonStockholders	-1643000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	50219000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1407950000	usd
CY2023Q1	us-gaap	Temporary Equity Accretion To Redemption Value TemporaryEquityAccretionToRedemptionValue	657000	usd
CY2023Q1	inn	Stockholders Equity Accretion To Redemption Value Adjustment StockholdersEquityAccretionToRedemptionValueAdjustment	657000	usd
CY2023Q1	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	1353000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4898000	usd
CY2023Q1	us-gaap	Temporary Equity Dividends Adjustment TemporaryEquityDividendsAdjustment	657000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	3970000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	790000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1468000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1283000	usd
CY2023Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	168000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4388000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-1970000	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	50219000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1392647000	usd
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	0	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1107192000	usd
CY2022Q1	us-gaap	Temporary Equity Stock Issued During Period Value New Issues TemporaryEquityStockIssuedDuringPeriodValueNewIssues	50000000	usd
CY2022Q1	us-gaap	Temporary Equity Accretion To Redemption Value TemporaryEquityAccretionToRedemptionValue	555000	usd
CY2022Q1	inn	Stockholders Equity Accretion To Redemption Value Adjustment StockholdersEquityAccretionToRedemptionValueAdjustment	555000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	157513000	usd
CY2022Q1	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	674000	usd
CY2022Q1	inn	Noncontrolling Interest Increase From Cash Contribution NoncontrollingInterestIncreaseFromCashContribution	203703000	usd
CY2022Q1	us-gaap	Temporary Equity Dividends Adjustment TemporaryEquityDividendsAdjustment	335000	usd
CY2022Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	3970000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3698000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	12113000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-8973000	usd
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	50220000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1471395000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-1970000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-8973000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	36908000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	36274000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1399000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1412000	usd
CY2023Q1	inn	Recoveries Of Credit Losses RecoveriesOfCreditLosses	-250000	usd
CY2022Q1	inn	Recoveries Of Credit Losses RecoveriesOfCreditLosses	0	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1468000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3698000	usd
CY2023Q1	inn	Noncash Interest Income NoncashInterestIncome	143000	usd
CY2022Q1	inn	Noncash Interest Income NoncashInterestIncome	122000	usd
CY2023Q1	inn	Debt Transaction Costs DebtTransactionCosts	87000	usd
CY2022Q1	inn	Debt Transaction Costs DebtTransactionCosts	0	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-285000	usd
CY2022Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-69000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3055000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13726000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-388000	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	9054000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-38000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	900000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3073000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	15027000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	32006000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	25505000	usd
CY2023Q1	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	0	usd
CY2022Q1	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	272556000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	24088000	usd
CY2022Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	10347000	usd
CY2023Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	1320000	usd
CY2022Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	1915000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-25408000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-284818000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	25000000	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	410000000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	10000000	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
CY2023Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	692000	usd
CY2022Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	329882000	usd
CY2023Q1	inn	Proceeds From The Sale Of Non Controlling Interests ProceedsFromTheSaleOfNonControllingInterests	1353000	usd
CY2022Q1	inn	Proceeds From The Sale Of Non Controlling Interests ProceedsFromTheSaleOfNonControllingInterests	674000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	634000	usd
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2588000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4904000	usd
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	4625000	usd
CY2022Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	4305000	usd
CY2023Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	usd
CY2022Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	203703000	usd
CY2023Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	790000	usd
CY2022Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	0	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1283000	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3425000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	277602000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	10023000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	18289000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	61808000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	96944000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	71831000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	115233000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	60678000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	82397000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	11153000	usd
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	32836000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	71831000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	115233000	usd
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	DESCRIPTION OF BUSINESS<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">General</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Summit Hotel Properties, Inc. (the “Company”) is a self-managed lodging property 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. Unless the context otherwise requires, “we,” “us,” and “our” refer to the Company and its consolidated subsidiaries.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We primarily focus on owning lodging properties with efficient operating models that generate strong margins and investment returns. At March 31, 2023, our portfolio consisted of 103 lodging properties with a total of 15,334 guestrooms located in 24 states. As of March 31, 2023, we own 100% of the outstanding equity interests in 61 of our 103 lodging properties. We own a 51% controlling interest in 39 lodging properties through a joint venture that was formed in July 2019 with GIC (the “GIC Joint Venture”), Singapore’s sovereign wealth fund. We also own 90% equity interests in two separate joint ventures (the "Brickell Joint Venture" and the "Onera Joint Venture"). The Brickell Joint Venture owns two lodging properties, and the Onera Joint Venture owns one lodging property. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of March 31, 2023, 86% of our guestrooms were located in the top 50 metropolitan statistical areas (“MSAs”), 91% were located within the top 100 MSAs and over 99% of our guestrooms operated under premium franchise brands owned by Marriott® International, Inc. (“Marriott”), Hilton® Worldwide (“Hilton”), Hyatt® Hotels Corporation (“Hyatt”), and InterContinental® Hotels Group (“IHG”). </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of our assets are held by, and all of our operations are conducted through, our operating partnership, Summit Hotel OP, LP (the “Operating Partnership”). Through a wholly-owned subsidiary, we are the sole general partner of the Operating Partnership. At March 31, 2023, we owned, directly and indirectly, approximately 87.0% of the Operating Partnership’s issued and outstanding common units of limited partnership interest (“Common Units”), and all of the Operating Partnership’s issued and outstanding Series E and Series F preferred units of limited partnership interest. NewcrestImage Holdings, LLC owns all of the issued and outstanding 5.25% Series Z Cumulative Perpetual Preferred Units (Liquidation preference $25 per unit) of the Operating Partnership ("Series Z Preferred Units"), which was issued as part of the NCI Transaction (described below in </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">"Note 3 - Investments in Lodging Property, net"</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">). We collectively refer to preferred units of limited partnership interests of our Operating Partnership as "Preferred Units." </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the Operating Partnership’s partnership agreement, we have full, exclusive and complete responsibility and discretion in the management and control of the Operating Partnership, including the ability to cause the Operating Partnership to enter into certain major transactions including acquisitions, dispositions and refinancings, to make distributions to partners and to cause changes in the Operating Partnership’s business activities.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We have elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes. To qualify as a REIT, we cannot operate or manage our lodging properties. Accordingly, all of our lodging properties are leased to our taxable REIT subsidiaries (“TRS Lessees”).</span></div>
CY2023Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	24	state
CY2023Q1	inn	Number Of Separate Joint Ventures NumberOfSeparateJointVentures	2	joint_venture
CY2023Q1	inn	Percentage Of Guestrooms Located In Top50 Metropolitan Statistical Areas PercentageOfGuestroomsLocatedInTop50MetropolitanStatisticalAreas	0.86
CY2023Q1	inn	Percentage Of Guestrooms Located In Top100 Metropolitan Statistical Areas PercentageOfGuestroomsLocatedInTop100MetropolitanStatisticalAreas	0.91
CY2023Q1	inn	Percentage Of Guestrooms Operated Under Premium Franchise Brands PercentageOfGuestroomsOperatedUnderPremiumFranchiseBrands	0.99
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	100000	usd
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	100000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our Condensed Consolidated Financial Statements are prepared in conformity with GAAP, which requires us to make estimates based on assumptions about current and, for some estimates, future economic and market conditions that affect reported amounts and related disclosures in our Condensed Consolidated Financial Statements. Although our current estimates contemplate current and expected future conditions, as applicable, it is reasonably possible that actual conditions could materially differ from our expectations, which could materially affect our consolidated financial position and results of operations.</span></div>
CY2023Q1	inn	Investment In Lodging Property At Cost Excluding Undeveloped Land InvestmentInLodgingPropertyAtCostExcludingUndevelopedLand	3504286000	usd
CY2022Q4	inn	Investment In Lodging Property At Cost Excluding Undeveloped Land InvestmentInLodgingPropertyAtCostExcludingUndevelopedLand	3483125000	usd
CY2023Q1	inn	Real Estate Investment Property Excluding Undeveloped Land Accumulated Depreciation And Amortization RealEstateInvestmentPropertyExcludingUndevelopedLandAccumulatedDepreciationAndAmortization	727339000	usd
CY2022Q4	inn	Real Estate Investment Property Excluding Undeveloped Land Accumulated Depreciation And Amortization RealEstateInvestmentPropertyExcludingUndevelopedLandAccumulatedDepreciationAndAmortization	690573000	usd
CY2023Q1	inn	Lodging Property Investment Net Excluding Undeveloped Land LodgingPropertyInvestmentNetExcludingUndevelopedLand	2776947000	usd
CY2022Q4	inn	Lodging Property Investment Net Excluding Undeveloped Land LodgingPropertyInvestmentNetExcludingUndevelopedLand	2792552000	usd
CY2023Q1	inn	Asset Acquisition Land AssetAcquisitionLand	52797000	usd
CY2023Q1	inn	Asset Acquisition Hotel Buildings And Improvements AssetAcquisitionHotelBuildingsAndImprovements	676607000	usd
CY2023Q1	inn	Asset Acquisition Furniture Fixtures And Equipment AssetAcquisitionFurnitureFixturesAndEquipment	76729000	usd
CY2023Q1	inn	Asset Acquisition Incentives And Other Intangibles AssetAcquisitionIncentivesAndOtherIntangibles	23670000	usd
CY2023Q1	inn	Asset Acquisition Other Assets AssetAcquisitionOtherAssets	5318000	usd
CY2023Q1	inn	Asset Acquisition Total Assets Acquired AssetAcquisitionTotalAssetsAcquired	835121000	usd
CY2023Q1	inn	Asset Acquisition Net Debt AssetAcquisitionNetDebt	335205000	usd
CY2023Q1	inn	Asset Acquisition Lease Liability Assumed AssetAcquisitionLeaseLiabilityAssumed	5441000	usd
CY2023Q1	inn	Asset Acquisition Other Liabilities AssetAcquisitionOtherLiabilities	3920000	usd
CY2023Q1	inn	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	490555000	usd
CY2023Q1	inn	Asset Acquisition Purchase Price AssetAcquisitionPurchasePrice	822000000	usd
CY2023Q1	inn	Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable At Nci Transactions AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuableAtNCITransactions	3500000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	2500000	usd
CY2023Q1	us-gaap	Asset Acquisition Consideration Transferred Transaction Cost AssetAcquisitionConsiderationTransferredTransactionCost	3000000	usd
CY2023Q1	us-gaap	Asset Acquisition Consideration Transferred Other Assets AssetAcquisitionConsiderationTransferredOtherAssets	9100000	usd
CY2023Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	10834000	usd
CY2022Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	10834000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	29120000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	29120000	usd
CY2023Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	39954000	usd
CY2022Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	39954000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	6149000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5110000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	33805000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	34844000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1000000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	900000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	4331000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	3620000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1625000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1625000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1506000	usd
CY2023Q1	inn	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	10264000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	22971000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	1451796000	usd
CY2022Q3	inn	Financing Receivable Number Of Loans Repaid FinancingReceivableNumberOfLoansRepaid	1	loan
CY2022Q3	inn	Financing Receivable Total Number Of Loans Receivable FinancingReceivableTotalNumberOfLoansReceivable	2	loan
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1477432000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1463124000	usd
CY2023Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	10309000	usd
CY2022Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11328000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	1467123000	usd
CY2023Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0535
CY2022Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0504
CY2023Q1	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	757808000	usd
CY2023Q1	us-gaap	Long Term Debt Percentage Bearing Fixed Interest Rate LongTermDebtPercentageBearingFixedInterestRate	0.51
CY2022Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	758433000	usd
CY2022Q4	us-gaap	Long Term Debt Percentage Bearing Fixed Interest Rate LongTermDebtPercentageBearingFixedInterestRate	0.52
CY2023Q1	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	719624000	usd
CY2023Q1	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.49
CY2022Q4	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	704691000	usd
CY2022Q4	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.48
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1477432000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1463124000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1100000	usd
CY2023Q1	inn	Mortgage Loans On Real Estate Number Of Real Estate Properties Encumbered MortgageLoansOnRealEstateNumberOfRealEstatePropertiesEncumbered	8	property
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1477432000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1463124000	usd
CY2023Q1	inn	Number Of Promissory Notes NumberOfPromissoryNotes	2	room
CY2021Q1	us-gaap	Share Price SharePrice	8.72
CY2023Q1	inn	Mortgage Loans On Real Estate Number Of Real Estate Properties Encumbered MortgageLoansOnRealEstateNumberOfRealEstatePropertiesEncumbered	8	property
CY2023Q1	inn	Debt Instrument Collateral Number Of Real Estate Properties Available To Be Contributed DebtInstrumentCollateralNumberOfRealEstatePropertiesAvailableToBeContributed	11	hotel
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P33Y
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P34Y
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.048
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.048
CY2023Q1	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	700000	usd
CY2022Q1	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	500000	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1000000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	1000000	usd
CY2022Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	900000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1637000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2144000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2165000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2199000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	2282000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	37955000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	48382000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	22073000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	26309000	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	inn	Common Stock Voting Rights Number CommonStockVotingRightsNumber	1	vote
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	106901576	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	106337724	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	873563	shares
CY2022Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	626312	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	137193	shares
CY2022Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	3173	shares
CY2023Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	168083	shares
CY2022Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	0	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	107469863	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	106960863	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Preferred Stock Convertible Conversion Price PreferredStockConvertibleConversionPrice	25
CY2023Q1	inn	Number Of Joint Ventures Entered Into NumberOfJointVenturesEnteredInto	3	room
CY2023Q1	inn	Redeemable Common Unit Conversion Ratio RedeemableCommonUnitConversionRatio	1	rate
CY2023Q1	inn	Noncontrolling Interests Issued To Complete Acquisition Of Properties Portfolio NoncontrollingInterestsIssuedToCompleteAcquisitionOfPropertiesPortfolio	0	usd
CY2022Q1	inn	Noncontrolling Interests Issued To Complete Acquisition Of Properties Portfolio NoncontrollingInterestsIssuedToCompleteAcquisitionOfPropertiesPortfolio	157513000	usd
CY2023Q1	inn	Redeemable Noncontrolling Interests Issued To Complete Acquisition Of Hotel Properties RedeemableNoncontrollingInterestsIssuedToCompleteAcquisitionOfHotelProperties	0	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	14500000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	14501000	usd
CY2023Q1	inn	Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Remainder Of Fiscal Year ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountRemainderOfFiscalYear	5515000	usd
CY2023Q1	inn	Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year One ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearOne	5500000	usd
CY2023Q1	inn	Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year Two ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearTwo	3013000	usd
CY2023Q1	inn	Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year Three ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearThree	473000	usd
CY2023Q1	inn	Number Of Year Cumulative Loss NumberOfYearCumulativeLoss	P3Y
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-500000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2000000	usd
CY2023Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2022Q1	inn	Redeemable Noncontrolling Interests Issued To Complete Acquisition Of Hotel Properties RedeemableNoncontrollingInterestsIssuedToCompleteAcquisitionOfHotelProperties	50000000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	21436000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	11213000	usd
CY2023Q1	inn	Accrued Acquisitions Costs And Improvements To Hotel Properties AccruedAcquisitionsCostsAndImprovementsToHotelProperties	5384000	usd
CY2022Q1	inn	Accrued Acquisitions Costs And Improvements To Hotel Properties AccruedAcquisitionsCostsAndImprovementsToHotelProperties	3749000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	110000	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	60000	usd
CY2023Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	usd
CY2022Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	335205000	usd
CY2023Q1	us-gaap	Noncash Or Part Noncash Acquisition Other Assets Acquired1 NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1	0	usd
CY2022Q1	us-gaap	Noncash Or Part Noncash Acquisition Other Assets Acquired1 NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1	9206000	usd
CY2023Q1	inn	Insurance Premium Financing InsurancePremiumFinancing	10877000	usd
CY2022Q1	inn	Insurance Premium Financing InsurancePremiumFinancing	0	usd

Files In Submission

Name	View Source	Status
0001497645-23-000011-index-headers.html	Edgar Link	pending
0001497645-23-000011-index.html	Edgar Link	pending
0001497645-23-000011.txt	Edgar Link	pending
0001497645-23-000011-xbrl.zip	Edgar Link	pending
exhibit3113-31x2023.htm	Edgar Link	pending
exhibit3123-31x2023.htm	Edgar Link	pending
exhibit3213-31x2023.htm	Edgar Link	pending
exhibit3223-31x2023.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
inn-20230331.htm	Edgar Link	pending
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MetaLinks.json	Edgar Link	pending
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inn-20230331_def.xml	Edgar Link	unprocessable
inn-20230331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
inn-20230331_cal.xml	Edgar Link	unprocessable
inn-20230331_pre.xml	Edgar Link	unprocessable
inn-20230331_htm.xml	Edgar Link	completed
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$INN
Summit Hotel Properties, Inc. Stock $inn

2023 Q2 Form 10-Q Financial Statement

#000149764523000011 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INN Summit Hotel Properties, Inc. Stock $inn

2023 Q2 Form 10-Q Financial Statement

#000149764523000011 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$INN
Summit Hotel Properties, Inc. Stock $inn