2023 Q4 Form 10-Q Financial Statement

#000149764523000058 Filed on November 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $177.4M $181.8M
YoY Change 2.96% 2.0%
Cost Of Revenue $103.3M $105.2M
YoY Change 2.89% 1.37%
Gross Profit $74.14M $76.60M
YoY Change 3.06% 2.85%
Gross Profit Margin 41.78% 42.13%
Selling, General & Admin $19.16M $22.50M
YoY Change 13.35% 13.04%
% of Gross Profit 25.85% 29.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.62M $37.90M
YoY Change 2.46% -0.6%
% of Gross Profit 52.1% 49.48%
Operating Expenses $57.06M $60.10M
YoY Change 4.49% 5.1%
Operating Profit $17.08M $16.48M
YoY Change -1.44% -4.38%
Interest Expense -$21.12M $22.02M
YoY Change 9.0% 24.79%
% of Operating Profit -123.68% 133.65%
Other Income/Expense, Net $547.0K -$20.89M
YoY Change -215.89% 15.64%
Pretax Income -$20.15M -$4.409M
YoY Change 53.59% 430.57%
Income Tax $1.119M $1.400M
% Of Pretax Income
Net Earnings -$16.57M -$5.769M
YoY Change 38.38% 454.18%
Net Earnings / Revenue -9.34% -3.17%
Basic Earnings Per Share -$0.05
Diluted Earnings Per Share -$0.16 -$0.05
COMMON SHARES
Basic Shares Outstanding 107.6M shares 105.7M shares
Diluted Shares Outstanding 105.7M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $37.84M $55.30M
YoY Change -26.18% -23.85%
Cash & Equivalents $37.84M $55.31M
Short-Term Investments
Other Short-Term Assets $8.865M $13.00M
YoY Change 5.81% -14.84%
Inventory
Prepaid Expenses
Receivables $21.35M $24.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $68.05M $92.50M
YoY Change -15.62% -16.96%
LONG-TERM ASSETS
Property, Plant & Equipment $2.764B $2.867B
YoY Change -2.25% -1.75%
Goodwill
YoY Change
Intangibles $30.70M $31.73M
YoY Change -11.88% -11.48%
Long-Term Investments
YoY Change
Other Assets $90.33M $27.50M
YoY Change -6.1% 4.14%
Total Long-Term Assets $2.871B $2.923B
YoY Change -2.39% -1.41%
TOTAL ASSETS
Total Short-Term Assets $68.05M $92.50M
Total Long-Term Assets $2.871B $2.923B
Total Assets $2.939B $3.015B
YoY Change -2.75% -1.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.827M $6.900M
YoY Change -12.51% 16.93%
Accrued Expenses $107.1M $118.3M
YoY Change 0.25% -1.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $111.9M $125.2M
YoY Change -0.37% -0.85%
LONG-TERM LIABILITIES
Long-Term Debt $1.431B $1.445B
YoY Change -1.46% -1.62%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.431B $1.445B
YoY Change -1.46% -1.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $111.9M $125.2M
Total Long-Term Liabilities $1.431B $1.445B
Total Liabilities $1.543B $1.570B
YoY Change -1.38% -1.55%
SHAREHOLDERS EQUITY
Retained Earnings -$339.8M -$316.8M
YoY Change 17.92% 16.48%
Common Stock $1.076M $1.076M
YoY Change 0.65% 0.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $911.2M $942.1M
YoY Change
Total Liabilities & Shareholders Equity $2.939B $3.015B
YoY Change -2.75% -1.97%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$16.57M -$5.769M
YoY Change 38.38% 454.18%
Depreciation, Depletion And Amortization $38.62M $37.90M
YoY Change 2.46% -0.6%
Cash From Operating Activities $30.47M $44.10M
YoY Change -10.2% -9.59%
INVESTING ACTIVITIES
Capital Expenditures $14.00K $1.800M
YoY Change -99.75%
Acquisitions
YoY Change
Other Investing Activities -$17.62M -$21.80M
YoY Change -35.8% -3.71%
Cash From Investing Activities -$17.62M -$23.60M
YoY Change -46.77% 4.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.66M -24.40M
YoY Change 4.61% -69.86%
NET CHANGE
Cash From Operating Activities 30.47M 44.10M
Cash From Investing Activities -17.62M -23.60M
Cash From Financing Activities -31.66M -24.40M
Net Change In Cash -18.81M -3.900M
YoY Change -36.11% -92.89%
FREE CASH FLOW
Cash From Operating Activities $30.47M $44.10M
Capital Expenditures $14.00K $1.800M
Free Cash Flow $30.46M $42.30M
YoY Change 7.72% -13.28%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
9163000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
29166000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55307000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51255000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11268000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10553000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
35215000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
35023000 usd
CY2023Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
24209000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
21015000 usd
CY2023Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
12973000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
8378000 usd
CY2023Q3 inn Deferred Costs Net
DeferredCostsNet
7066000 usd
CY2022Q4 inn Deferred Costs Net
DeferredCostsNet
7074000 usd
CY2023Q3 us-gaap Other Assets
OtherAssets
28741000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
17950000 usd
CY2023Q3 us-gaap Assets
Assets
3015189000 usd
CY2022Q4 us-gaap Assets
Assets
3022270000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
1444637000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1451796000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
26102000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
25484000 usd
CY2023Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
6880000 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
5517000 usd
CY2023Q3 inn Accrued And Other Liabilities
AccruedAndOtherLiabilities
92209000 usd
CY2022Q4 inn Accrued And Other Liabilities
AccruedAndOtherLiabilities
81304000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
1569828000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
1564101000 usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50219000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50219000 usd
CY2023Q3 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
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
107573489 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
107573489 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106901576 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
106901576 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
1076000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
1069000 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1236864000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1232302000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
20832000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
14538000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-316780000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-288200000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
942096000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
959813000 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
453046000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
448137000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1395142000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1407950000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3015189000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3022270000 usd
CY2023Q3 us-gaap Revenues
Revenues
181816000 usd
CY2022Q3 us-gaap Revenues
Revenues
178252000 usd
CY2023Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
14369000 usd
CY2022Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
13373000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
37882000 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
38130000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8126000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6532000 usd
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
56000 usd
CY2023Q3 inn Recoveries Of Credit Losses
RecoveriesOfCreditLosses
250000 usd
CY2022Q3 inn Recoveries Of Credit Losses
RecoveriesOfCreditLosses
850000 usd
inn Recoveries Of Credit Losses
RecoveriesOfCreditLosses
500000 usd
inn Recoveries Of Credit Losses
RecoveriesOfCreditLosses
1100000 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
165324000 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
161017000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-16000 usd
CY2022Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-5000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
16476000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
17230000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
22020000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
458000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1638000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-18061000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-63529000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-43103000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4409000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-831000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5170000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17946000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1360000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
210000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1679000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4647000 usd
CY2023Q3 inn Net Income Loss Available To Common Stockholders Before Amounts Allocated To Participating Securities
NetIncomeLossAvailableToCommonStockholdersBeforeAmountsAllocatedToParticipatingSecurities
-5769000 usd
CY2022Q3 inn Net Income Loss Available To Common Stockholders Before Amounts Allocated To Participating Securities
NetIncomeLossAvailableToCommonStockholdersBeforeAmountsAllocatedToParticipatingSecurities
-1041000 usd
inn Net Income Loss Available To Common Stockholders Before Amounts Allocated To Participating Securities
NetIncomeLossAvailableToCommonStockholdersBeforeAmountsAllocatedToParticipatingSecurities
-6849000 usd
inn Net Income Loss Available To Common Stockholders Before Amounts Allocated To Participating Securities
NetIncomeLossAvailableToCommonStockholdersBeforeAmountsAllocatedToParticipatingSecurities
13299000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4955000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5148000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-9306000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4481000 usd
CY2023Q3 inn Net Income Loss Available To Common Stockholders Before Preferred Stock Dividends
NetIncomeLossAvailableToCommonStockholdersBeforePreferredStockDividends
-814000 usd
CY2022Q3 inn Net Income Loss Available To Common Stockholders Before Preferred Stock Dividends
NetIncomeLossAvailableToCommonStockholdersBeforePreferredStockDividends
4107000 usd
inn Net Income Loss Available To Common Stockholders Before Preferred Stock Dividends
NetIncomeLossAvailableToCommonStockholdersBeforePreferredStockDividends
2457000 usd
inn Net Income Loss Available To Common Stockholders Before Preferred Stock Dividends
NetIncomeLossAvailableToCommonStockholdersBeforePreferredStockDividends
8818000 usd
CY2023Q3 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
656000 usd
CY2022Q3 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
656000 usd
us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
1970000 usd
us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
1866000 usd
CY2023Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3968000 usd
CY2022Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3968000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
11906000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
11906000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5438000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5438000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-517000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-517000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-11419000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11419000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4954000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4954000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105650000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105650000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105232000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105510000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105110000 shares
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-5769000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-1041000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3640000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
16707000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2129000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15666000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4140000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2974000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2011000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18640000 usd
CY2023Q3 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
656000 usd
CY2022Q3 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
656000 usd
CY2023Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3968000 usd
CY2022Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3968000 usd
CY2023Q3 inn Comprehensive Income Loss Available To Common Stockholders
ComprehensiveIncomeLossAvailableToCommonStockholders
-2613000 usd
CY2022Q3 inn Comprehensive Income Loss Available To Common Stockholders
ComprehensiveIncomeLossAvailableToCommonStockholders
14016000 usd
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50219000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1411976000 usd
CY2023Q3 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
656000 usd
CY2023Q3 inn Stockholders Equity Accretion To Redemption Value Adjustment
StockholdersEquityAccretionToRedemptionValueAdjustment
656000 usd
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7412000 usd
CY2023Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
656000 usd
CY2023Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
3968000 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4518000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1867000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
18000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3640000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-5769000 usd
CY2023Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50219000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1395142000 usd
CY2022Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50223000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1435066000 usd
CY2022Q3 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
656000 usd
CY2022Q3 inn Stockholders Equity Accretion To Redemption Value Adjustment
StockholdersEquityAccretionToRedemptionValueAdjustment
656000 usd
CY2022Q3 inn Noncontrolling Interest Increase From Cash Contribution
NoncontrollingInterestIncreaseFromCashContribution
20000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4915000 usd
CY2022Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
656000 usd
CY2022Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
3968000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
11270000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1230000 usd
CY2022Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
133000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16707000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-1041000 usd
CY2022Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50223000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1431040000 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
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
1970000 usd
inn Stockholders Equity Accretion To Redemption Value Adjustment
StockholdersEquityAccretionToRedemptionValueAdjustment
1970000 usd
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
1353000 usd
inn Noncontrolling Interest Increase From Cash Contribution
NoncontrollingInterestIncreaseFromCashContribution
20532000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19716000 usd
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1970000 usd
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
12067000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8673000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5913000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1388000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
168000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10225000 usd
us-gaap Profit Loss
ProfitLoss
-6849000 usd
CY2023Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50219000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1395142000 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
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
50000000 usd
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
1866000 usd
inn Stockholders Equity Accretion To Redemption Value Adjustment
StockholdersEquityAccretionToRedemptionValueAdjustment
1866000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
157513000 usd
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
674000 usd
inn Noncontrolling Interest Increase From Cash Contribution
NoncontrollingInterestIncreaseFromCashContribution
211040000 usd
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4997000 usd
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1643000 usd
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
11989000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
77903000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7070000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2455000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
254000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
33716000 usd
us-gaap Profit Loss
ProfitLoss
13299000 usd
CY2022Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
50223000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1431040000 usd
us-gaap Profit Loss
ProfitLoss
-6849000 usd
us-gaap Profit Loss
ProfitLoss
13299000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112300000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112462000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4379000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4238000 usd
inn Recoveries Of Credit Losses
RecoveriesOfCreditLosses
500000 usd
inn Recoveries Of Credit Losses
RecoveriesOfCreditLosses
1100000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5913000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7070000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
63000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-336000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
20479000 usd
inn Noncash Interest Income
NoncashInterestIncome
433000 usd
inn Noncash Interest Income
NoncashInterestIncome
113000 usd
inn Debt Transaction Costs
DebtTransactionCosts
352000 usd
inn Debt Transaction Costs
DebtTransactionCosts
1166000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-560000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-303000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3195000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9755000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-6645000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4828000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1005000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-244000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2591000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
33662000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
123167000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
135681000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
44614000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
281074000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
63027000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
48772000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
27632000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
73758000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
4576000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
2167000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
250000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
850000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84335000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-257405000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
65000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
486500000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
65000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
1784000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
448874000 usd
inn Proceeds From The Sale Of Non Controlling Interests
ProceedsFromTheSaleOfNonControllingInterests
1353000 usd
inn Proceeds From The Sale Of Non Controlling Interests
ProceedsFromTheSaleOfNonControllingInterests
674000 usd
CY2022Q4 inn Real Estate Investment Property Excluding Undeveloped Land Accumulated Depreciation And Amortization
RealEstateInvestmentPropertyExcludingUndevelopedLandAccumulatedDepreciationAndAmortization
704198000 usd
CY2022Q4 inn Lodging Property Investment Net Excluding Undeveloped Land
LodgingPropertyInvestmentNetExcludingUndevelopedLand
2841856000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19596000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5174000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
14037000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
13632000 usd
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
20332000 usd
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
204092000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
8673000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
77903000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1387000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2455000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-34065000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
116025000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4767000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5699000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66575000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91245000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55307000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72617000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
11268000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
18628000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66575000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91245000 usd
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 September 30, 2023, our portfolio consisted of 101 lodging properties with a total of 15,035 guestrooms located in 24 states. As of September 30, 2023, we own 100% of the outstanding equity interests in 57 of our 101 lodging properties. We own a 51% controlling interest in 41 lodging properties through a joint venture (the “GIC Joint Venture”) that was formed in July 2019 with Singapore’s sovereign wealth fund ("GIC"). 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 September 30, 2023, 86% of our guestrooms were located in the top 50 metropolitan statistical areas (“MSAs”), 90% were located within the top 100 MSAs and over 98% 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, the Operating Partnership. Through a wholly-owned subsidiary, we are the sole general partner of the Operating Partnership. At September 30, 2023, we owned, directly and indirectly, approximately 87% 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 6.25% Series E and 5.875% 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”) and managed by professional third-party management companies.</span></div>
CY2023Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
24 state
CY2023Q3 inn Number Of Separate Joint Ventures
NumberOfSeparateJointVentures
2 joint_venture
CY2023Q3 inn Percentage Of Guestrooms Located In Top50 Metropolitan Statistical Areas
PercentageOfGuestroomsLocatedInTop50MetropolitanStatisticalAreas
0.86
CY2023Q3 inn Percentage Of Guestrooms Located In Top100 Metropolitan Statistical Areas
PercentageOfGuestroomsLocatedInTop100MetropolitanStatisticalAreas
0.90
CY2023Q3 inn Percentage Of Guestrooms Operated Under Premium Franchise Brands
PercentageOfGuestroomsOperatedUnderPremiumFranchiseBrands
0.98
CY2022Q2 inn Financing Receivable Initial Purchase Option Ownership Percentage
FinancingReceivableInitialPurchaseOptionOwnershipPercentage
0.90
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
100000 usd
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
200000 usd
CY2022Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
100000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
300000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
200000 usd
CY2022Q2 inn Financing Receivable Initial Purchase Option Exercise Price
FinancingReceivableInitialPurchaseOptionExercisePrice
89000000 usd
CY2023Q3 inn Asset Acquisition Land
AssetAcquisitionLand
12645000 usd
CY2022Q3 inn Asset Acquisition Land
AssetAcquisitionLand
67175000 usd
CY2023Q3 inn Asset Acquisition Hotel Buildings And Improvements
AssetAcquisitionHotelBuildingsAndImprovements
30721000 usd
CY2022Q3 inn Asset Acquisition Hotel Buildings And Improvements
AssetAcquisitionHotelBuildingsAndImprovements
751720000 usd
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>
CY2022Q4 inn Investment In Lodging Property At Cost Excluding Undeveloped Land
InvestmentInLodgingPropertyAtCostExcludingUndevelopedLand
3546054000 usd
CY2023Q3 inn Asset Acquisition Furniture Fixtures And Equipment
AssetAcquisitionFurnitureFixturesAndEquipment
1448000 usd
CY2022Q3 inn Asset Acquisition Furniture Fixtures And Equipment
AssetAcquisitionFurnitureFixturesAndEquipment
82353000 usd
CY2023Q3 inn Asset Acquisition Incentives And Other Intangibles
AssetAcquisitionIncentivesAndOtherIntangibles
0 usd
CY2022Q3 inn Asset Acquisition Incentives And Other Intangibles
AssetAcquisitionIncentivesAndOtherIntangibles
25642000 usd
CY2023Q3 inn Asset Acquisition Other Assets
AssetAcquisitionOtherAssets
0 usd
CY2022Q3 inn Asset Acquisition Other Assets
AssetAcquisitionOtherAssets
5318000 usd
CY2023Q3 inn Asset Acquisition Total Assets Acquired
AssetAcquisitionTotalAssetsAcquired
44814000 usd
CY2022Q3 inn Asset Acquisition Total Assets Acquired
AssetAcquisitionTotalAssetsAcquired
932208000 usd
CY2023Q3 inn Asset Acquisition Net Debt
AssetAcquisitionNetDebt
0 usd
CY2022Q3 inn Asset Acquisition Net Debt
AssetAcquisitionNetDebt
382205000 usd
CY2023Q3 inn Asset Acquisition Lease Liability Assumed
AssetAcquisitionLeaseLiabilityAssumed
0 usd
CY2022Q3 inn Asset Acquisition Lease Liability Assumed
AssetAcquisitionLeaseLiabilityAssumed
5441000 usd
CY2023Q3 inn Asset Acquisition Other Liabilities
AssetAcquisitionOtherLiabilities
0 usd
CY2022Q3 inn Asset Acquisition Other Liabilities
AssetAcquisitionOtherLiabilities
5892000 usd
CY2023Q3 inn Asset Acquisition Assets Acquired And Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet
44814000 usd
CY2022Q3 inn Asset Acquisition Assets Acquired And Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet
538670000 usd
inn Asset Acquisition Purchase Price
AssetAcquisitionPurchasePrice
42700000 usd
us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
100000 usd
us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
2000000 usd
inn Asset Acquisition Purchase Price
AssetAcquisitionPurchasePrice
909100000 usd
CY2023Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
467 room
CY2023Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
10834000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
10834000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
29120000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
29120000 usd
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
39954000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
39954000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8220000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5110000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
31734000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
34844000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3100000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1037000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4147000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1584000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1584000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1530000 usd
CY2023Q3 inn Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
11018000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20900000 usd
inn Number Of Guest Rooms
NumberOfGuestRooms
123 room
inn Number Of Guest Rooms
NumberOfGuestRooms
123 room
CY2023Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
123 room
CY2022Q3 inn Financing Receivable Number Of Loans Repaid
FinancingReceivableNumberOfLoansRepaid
1 loan
CY2022Q3 inn Financing Receivable Total Number Of Loans Receivable
FinancingReceivableTotalNumberOfLoansReceivable
2 loan
CY2023Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
300000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1461340000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1463124000 usd
CY2023Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
16703000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
11328000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
1444637000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1451796000 usd
CY2023Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0532
CY2022Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0504
CY2023Q3 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
956849000 usd
CY2023Q3 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.65
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
CY2023Q3 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
504491000 usd
CY2023Q3 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.35
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
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1461340000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1463124000 usd
CY2023Q3 inn Mortgage Loans On Real Estate Number Of Real Estate Properties Encumbered
MortgageLoansOnRealEstateNumberOfRealEstatePropertiesEncumbered
8 property
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1461340000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1463124000 usd
CY2023Q3 inn Number Of Promissory Notes
NumberOfPromissoryNotes
2 room
CY2023Q3 inn Number Of Unencumbered Properties
NumberOfUnencumberedProperties
53 property
CY2021Q1 us-gaap Share Price
SharePrice
8.72
CY2023Q3 inn Mortgage Loans On Real Estate Number Of Real Estate Properties Encumbered
MortgageLoansOnRealEstateNumberOfRealEstatePropertiesEncumbered
8 property
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P32Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P34Y
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.048
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.048
CY2023Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
600000 usd
CY2022Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
700000 usd
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
2000000 usd
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
1800000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1100000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1000000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3400000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
2800000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
565000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2264000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2285000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2239000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2282000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
37955000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
47590000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21488000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
26102000 usd
CY2023Q3 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
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
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
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
7000 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
5000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
875055 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
735371 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
139254 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
8272 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
184029 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
260800 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
107573489 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106893912 shares
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2023Q3 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
CY2023Q3 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
25
inn Number Of Joint Ventures Entered Into
NumberOfJointVenturesEnteredInto
3 room
CY2023Q3 inn Redeemable Common Unit Conversion Ratio
RedeemableCommonUnitConversionRatio
1 rate
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
10700000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
10746000 usd
CY2023Q3 inn Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Remainder Of Fiscal Year
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountRemainderOfFiscalYear
1832000 usd
CY2023Q3 inn Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year One
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearOne
5453000 usd
CY2023Q3 inn Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year Two
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearTwo
2991000 usd
CY2023Q3 inn Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year Three
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearThree
470000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4600000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
us-gaap Interest Paid Net
InterestPaidNet
59836000 usd
us-gaap Interest Paid Net
InterestPaidNet
39901000 usd
inn Insurance Premium Financing
InsurancePremiumFinancing
3106000 usd
inn Insurance Premium Financing
InsurancePremiumFinancing
0 usd
inn Accrued Acquisitions Costs And Improvements To Hotel Properties
AccruedAcquisitionsCostsAndImprovementsToHotelProperties
5504000 usd
inn Accrued Acquisitions Costs And Improvements To Hotel Properties
AccruedAcquisitionsCostsAndImprovementsToHotelProperties
7458000 usd
inn Increase In Carrying Value Of Lodging Property Related To Contingent Consideration
IncreaseInCarryingValueOfLodgingPropertyRelatedToContingentConsideration
200000 usd
inn Increase In Carrying Value Of Lodging Property Related To Contingent Consideration
IncreaseInCarryingValueOfLodgingPropertyRelatedToContingentConsideration
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2250000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2627000 usd
inn Accrued And Unpaid Dividends
AccruedAndUnpaidDividends
122000 usd
inn Accrued And Unpaid Dividends
AccruedAndUnpaidDividends
40000 usd
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
382205000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
9206000 usd
inn Conversion Of A Mezzanine Loan To Complete Acquisition Of Hotel Properties
ConversionOfAMezzanineLoanToCompleteAcquisitionOfHotelProperties
0 usd
inn Conversion Of A Mezzanine Loan To Complete Acquisition Of Hotel Properties
ConversionOfAMezzanineLoanToCompleteAcquisitionOfHotelProperties
29875000 usd
inn Exercise Of Purchase Option To Complete Acquisition Of Hotel Properties
ExerciseOfPurchaseOptionToCompleteAcquisitionOfHotelProperties
0 usd
inn Exercise Of Purchase Option To Complete Acquisition Of Hotel Properties
ExerciseOfPurchaseOptionToCompleteAcquisitionOfHotelProperties
2800000 usd
inn Noncontrolling Interests In Joint Venture Issued To Complete Acquisition Of Hotel Properties
NoncontrollingInterestsInJointVentureIssuedToCompleteAcquisitionOfHotelProperties
0 usd
inn Noncontrolling Interests In Joint Venture Issued To Complete Acquisition Of Hotel Properties
NoncontrollingInterestsInJointVentureIssuedToCompleteAcquisitionOfHotelProperties
6922000 usd
inn Noncontrolling Interests Issued To Complete Acquisition Of Properties Portfolio
NoncontrollingInterestsIssuedToCompleteAcquisitionOfPropertiesPortfolio
0 usd
inn Noncontrolling Interests Issued To Complete Acquisition Of Properties Portfolio
NoncontrollingInterestsIssuedToCompleteAcquisitionOfPropertiesPortfolio
157513000 usd
inn Redeemable Noncontrolling Interests Issued To Complete Acquisition Of Hotel Properties
RedeemableNoncontrollingInterestsIssuedToCompleteAcquisitionOfHotelProperties
0 usd
inn Redeemable Noncontrolling Interests Issued To Complete Acquisition Of Hotel Properties
RedeemableNoncontrollingInterestsIssuedToCompleteAcquisitionOfHotelProperties
50000000 usd
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
inn-20230930_cal.xml Edgar Link unprocessable
inn-20230930_def.xml Edgar Link unprocessable
0001497645-23-000058-index-headers.html Edgar Link pending
0001497645-23-000058-index.html Edgar Link pending
0001497645-23-000058.txt Edgar Link pending
0001497645-23-000058-xbrl.zip Edgar Link pending
exhibit3119-30x2023.htm Edgar Link pending
exhibit3129-30x2023.htm Edgar Link pending
exhibit3219-30x2023.htm Edgar Link pending
exhibit3229-30x2023.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
inn-20230930.htm Edgar Link pending
inn-20230930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
inn-20230930_pre.xml Edgar Link unprocessable
inn-20230930_lab.xml Edgar Link unprocessable
inn-20230930_htm.xml Edgar Link completed
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending