2016 Q4 Form 10-K Financial Statement

#000147409817000010 Filed on February 23, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 2015 Q4
Revenue $198.9M $816.4M $193.4M
YoY Change 2.85% 5.91% 24.04%
Cost Of Revenue $122.8M $483.9M $121.6M
YoY Change 0.99% 3.38% 21.48%
Gross Profit $76.20M $332.5M $71.80M
YoY Change 6.13% 9.81% 28.67%
Gross Profit Margin 38.3% 40.73% 37.12%
Selling, General & Admin $21.20M $78.40M $18.10M
YoY Change 17.13% 5.09% 4.02%
% of Gross Profit 27.82% 23.58% 25.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.10M $102.4M $25.00M
YoY Change 4.4% 6.78% 32.98%
% of Gross Profit 34.25% 30.8% 34.82%
Operating Expenses $47.30M $180.8M $43.10M
YoY Change 9.74% 6.1% 19.06%
Operating Profit $28.90M $180.0M $28.70M
YoY Change 0.7% 41.03% 46.43%
Interest Expense -$11.30M $43.62M -$5.000M
YoY Change 126.0% 12.49% 316.67%
% of Operating Profit -39.1% 24.23% -17.42%
Other Income/Expense, Net $600.0K $283.0K
YoY Change
Pretax Income $18.30M $73.83M $23.50M
YoY Change -22.13% -24.34% 35.06%
Income Tax -$200.0K -$134.0K $500.0K
% Of Pretax Income -1.09% -0.18% 2.13%
Net Earnings $18.36M $73.70M $22.92M
YoY Change -19.89% -22.14% 43.67%
Net Earnings / Revenue 9.23% 9.03% 11.85%
Basic Earnings Per Share $0.20 $0.65 $0.23
Diluted Earnings Per Share $0.20 $0.64 $0.23
COMMON SHARES
Basic Shares Outstanding 72.06M shares 71.90M shares 71.86M shares
Diluted Shares Outstanding 72.37M shares

Balance Sheet

Concept 2016 Q4 2016 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.40M $33.40M $26.30M
YoY Change 27.0% 27.0% -50.28%
Cash & Equivalents $33.41M $33.40M $26.35M
Short-Term Investments
Other Short-Term Assets $38.50M $38.50M $45.00M
YoY Change -14.44% -14.44% 11.94%
Inventory
Prepaid Expenses
Receivables $27.70M $27.70M $25.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $99.60M $99.60M $96.40M
YoY Change 3.32% 3.32% -15.73%
LONG-TERM ASSETS
Property, Plant & Equipment $2.702B $2.702B $2.704B
YoY Change -0.06% -0.06% 13.86%
Goodwill
YoY Change
Intangibles $29.63M $30.22M
YoY Change -1.96% -2.18%
Long-Term Investments $0.00 $0.00 $248.8M
YoY Change -100.0% -100.0% -3.88%
Other Assets $7.400M $7.400M $9.500M
YoY Change -22.11% -22.11% -57.96%
Total Long-Term Assets $2.710B $2.710B $2.962B
YoY Change -8.52% -8.52% 11.52%
TOTAL ASSETS
Total Short-Term Assets $99.60M $99.60M $96.40M
Total Long-Term Assets $2.710B $2.710B $2.962B
Total Assets $2.809B $2.809B $3.058B
YoY Change -8.15% -8.15% 10.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $149.3M $149.3M $141.9M
YoY Change 5.21% 5.21% 32.87%
Accrued Expenses $2.300M $2.300M $2.600M
YoY Change -11.54% -11.54% 8.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $203.9M $203.9M $192.1M
YoY Change 6.14% 6.14% 33.31%
LONG-TERM LIABILITIES
Long-Term Debt $996.3M $996.3M $1.106B
YoY Change -9.89% -9.89% 31.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $996.3M $996.3M $1.106B
YoY Change -9.89% -9.89% 31.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $203.9M $203.9M $192.1M
Total Long-Term Liabilities $996.3M $996.3M $1.106B
Total Liabilities $1.200B $1.204B $1.298B
YoY Change -7.51% -7.42% 31.33%
SHAREHOLDERS EQUITY
Retained Earnings -$169.2M -$105.8M
YoY Change 60.0% 25.67%
Common Stock $719.0K $717.0K
YoY Change 0.28% 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.606B $1.606B $1.758B
YoY Change
Total Liabilities & Shareholders Equity $2.809B $2.809B $3.058B
YoY Change -8.15% -8.15% 10.39%

Cashflow Statement

Concept 2016 Q4 2016 2015 Q4
OPERATING ACTIVITIES
Net Income $18.36M $73.70M $22.92M
YoY Change -19.89% -22.14% 43.67%
Depreciation, Depletion And Amortization $26.10M $102.4M $25.00M
YoY Change 4.4% 6.78% 32.98%
Cash From Operating Activities $54.40M $240.0M $62.40M
YoY Change -12.82% 8.72% 47.17%
INVESTING ACTIVITIES
Capital Expenditures -$33.10M -$122.0M -$25.50M
YoY Change 29.8% -69.89% -94.6%
Acquisitions $0.00
YoY Change
Other Investing Activities $318.2M $419.9M $2.400M
YoY Change 13158.33% 7822.64% 242.86%
Cash From Investing Activities $285.1M $297.9M -$23.00M
YoY Change -1339.57% -174.51% -95.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.496M
YoY Change -39.03%
Debt Paid & Issued, Net $365.6M
YoY Change
Cash From Financing Activities -354.7M -$532.9M -51.60M
YoY Change 587.4% -449.12% -114.21%
NET CHANGE
Cash From Operating Activities 54.40M $240.0M 62.40M
Cash From Investing Activities 285.1M $297.9M -23.00M
Cash From Financing Activities -354.7M -$532.9M -51.60M
Net Change In Cash -15.20M $5.031M -12.20M
YoY Change 24.59% -118.96% -81.6%
FREE CASH FLOW
Cash From Operating Activities $54.40M $240.0M $62.40M
Capital Expenditures -$33.10M -$122.0M -$25.50M
Free Cash Flow $87.50M $362.0M $87.90M
YoY Change -0.46% -42.17% -82.93%

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CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.94
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
9152000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
13858000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
248794000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2014 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
104843000 USD
CY2015 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
128816000 USD
CY2016 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
126957000 USD
CY2014 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
148114000 USD
CY2015 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
190852000 USD
CY2016 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
191857000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
40690000 USD
CY2014 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2015 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2016 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
40690000 USD
CY2014 us-gaap Gain On Cash Flow Hedge Ineffectiveness
GainOnCashFlowHedgeIneffectiveness
0 USD
CY2014 us-gaap Gain On Cash Flow Hedge Ineffectiveness
GainOnCashFlowHedgeIneffectiveness
0 USD
CY2015 us-gaap Gain On Cash Flow Hedge Ineffectiveness
GainOnCashFlowHedgeIneffectiveness
0 USD
CY2015 us-gaap Gain On Cash Flow Hedge Ineffectiveness
GainOnCashFlowHedgeIneffectiveness
0 USD
CY2016 us-gaap Gain On Cash Flow Hedge Ineffectiveness
GainOnCashFlowHedgeIneffectiveness
283000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28322000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32335000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28105000 USD
CY2014 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2015 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2016 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
12148000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
76794000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
97585000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
73828000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10065000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6213000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-64842000 USD
CY2014 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax
13400000 USD
CY2015 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax
12800000 USD
CY2016 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax
12700000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3251000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2590000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-134000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
3049000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
2487000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
369000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10598000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4161000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4492000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3544000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3107000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1263000 USD
CY2014 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
829000 USD
CY2015 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
4622000 USD
CY2016 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
2324000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3763000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
212000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2286000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-28000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-5295000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-746000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-71000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-1635000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-1288000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
617406 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
668419 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
471743 shares
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
30218000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29627000 USD
CY2014 us-gaap Interest Expense
InterestExpense
27065000 USD
CY2015 us-gaap Interest Expense
InterestExpense
38774000 USD
CY2016 us-gaap Interest Expense
InterestExpense
43615000 USD
CY2014 us-gaap Interest Paid
InterestPaid
26945000 USD
CY2015 us-gaap Interest Paid
InterestPaid
38128000 USD
CY2016 us-gaap Interest Paid
InterestPaid
41416000 USD
CY2014 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2015 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
598000 USD
CY2016 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
492000 USD
CY2015Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2550000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2284000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2287104000 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2225168000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
2529000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
2511000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
1995000 USD
CY2015Q4 us-gaap Land
Land
499381000 USD
CY2016Q4 us-gaap Land
Land
503571000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
8900000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
12100000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
12100000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1297637000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1200143000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3058471000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2809259000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
165000000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
82000000 USD
CY2014 us-gaap Loans Assumed1
LoansAssumed1
50725000 USD
CY2015 us-gaap Loans Assumed1
LoansAssumed1
0 USD
CY2016 us-gaap Loans Assumed1
LoansAssumed1
0 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
1105595000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
996251000 USD
CY2015Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
465400000 USD
CY2016Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
242900000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
275000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
72316000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
200000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
365752000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
84456000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2366000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
2445000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
3432000 USD
CY2014 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
5231000 USD
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.003
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.997
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
467789000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
152636000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-532888000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-631326000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-399894000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
298693000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
161284000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
220720000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
241260000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
72866000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
7143000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
26491000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
38119000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
22915000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
94668000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
16579000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
74190000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-35423000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
18358000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
73704000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
677000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
327000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
258000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47787000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
655000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20004000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31631000 USD
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16428000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
68718000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6566000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
69949000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-43897000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14334000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46952000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
15375000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
20110000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2016Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
29 properties
CY2014 us-gaap Occupancy Costs
OccupancyCosts
102709000 USD
CY2015 us-gaap Occupancy Costs
OccupancyCosts
124090000 USD
CY2016 us-gaap Occupancy Costs
OccupancyCosts
137312000 USD
CY2014 us-gaap Occupancy Revenue
OccupancyRevenue
410600000 USD
CY2015 us-gaap Occupancy Revenue
OccupancyRevenue
526573000 USD
CY2016 us-gaap Occupancy Revenue
OccupancyRevenue
568867000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
91265000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
127635000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
139317000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
801798000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
7592000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8205000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
8139000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
8073000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
8010000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
761779000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1427000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4409000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2438000 USD
CY2014 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
166435000 USD
CY2015 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
215169000 USD
CY2016 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
219655000 USD
CY2014 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
40062000 USD
CY2015 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
53439000 USD
CY2016 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
55697000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-407000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2038000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2654000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
283000 USD
CY2014 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 USD
CY2015 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 USD
CY2016 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
7090000 USD
CY2014 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
52553000 USD
CY2015 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
99785000 USD
CY2016 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
121899000 USD
CY2014 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0 USD
CY2015 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
3000000 USD
CY2016 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-3000000 USD
CY2014 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
3020000 USD
CY2015 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-3020000 USD
CY2016 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-50000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
632000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4094000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2496000 USD
CY2014 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
5231000 USD
CY2015 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2016 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2014 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2015 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
225050000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
55708000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
84037000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
105321000 USD
CY2014 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
24731000 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
25950000 USD
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
21770000 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3696000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3311000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1414000 USD
CY2014 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1301000 USD
CY2015 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
195000 USD
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4189000 USD
CY2014 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
575748000 USD
CY2015 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
305146000 USD
CY2016 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
0 USD
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1146000 USD
CY2015 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
278000 USD
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
74000 USD
CY2014 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
25079000 USD
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
25950000 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
19662000 USD
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ProceedsFromDivestitureOfInterestInJointVenture
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ProceedsFromDivestitureOfInterestInJointVenture
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0 USD
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ProceedsFromInsuranceSettlementInvestingActivities
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293211000 USD
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0 USD
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ProceedsFromIssuanceOfCommonStock
0 USD
CY2014 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
25000000 USD
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ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
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ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
125000000 USD
CY2014 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
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ProceedsFromIssuanceOfUnsecuredDebt
100000000 USD
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ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
180000000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
490000000 USD
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ProceedsFromLinesOfCredit
469000000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
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ProceedsFromSaleOfPropertyPlantAndEquipment
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ProfitLoss
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CY2015Q1 us-gaap Profit Loss
ProfitLoss
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CY2015Q4 us-gaap Profit Loss
ProfitLoss
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ProfitLoss
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ProfitLoss
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ProfitLoss
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ProfitLoss
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CY2016Q4 us-gaap Profit Loss
ProfitLoss
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ProfitLoss
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CY2013Q4 us-gaap Real Estate Accumulated Depreciation
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RealEstateAccumulatedDepreciation
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CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
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CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
358485000 USD
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RealEstateAccumulatedDepreciationOtherDeductions
4446000 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
6013000 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
25752000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
142890000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
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2287104000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
503571000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2024340000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
506161000 USD
CY2016 us-gaap Real Estate Cost Of Real Estate Sold
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350496000 USD
CY2016Q4 us-gaap Real Estate Federal Income Tax Basis
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3136614000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1849939000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2538270000 USD
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2956761000 USD
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3031139000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
59090000 USD
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
101131000 USD
CY2016 us-gaap Real Estate Improvements
RealEstateImprovements
105074000 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
283177000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
358485000 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
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2956761000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
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RealEstateInvestmentPropertyNet
2673584000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2672654000 USD
CY2014 us-gaap Real Estate Other Acquisitions
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RealEstateOtherAcquisitions
323373000 USD
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RealEstateOtherAcquisitions
319800000 USD
CY2014 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
130000000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
375000000 USD
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RepaymentsOfLinesOfCredit
552000000 USD
CY2014 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
9123000 USD
CY2015 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
171488000 USD
CY2016 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9453000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7419000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-105765000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-169227000 USD
CY2014 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
598776000 USD
CY2015Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
163435000 USD
CY2015Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
197683000 USD
CY2015Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
216321000 USD
CY2015Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
193425000 USD
CY2015 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
770864000 USD
CY2016Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
196245000 USD
CY2016Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
212272000 USD
CY2016Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
208963000 USD
CY2016Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
198941000 USD
CY2016 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
816421000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
66698000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
94610000 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
101060000 USD
CY2016Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
383355000 USD
CY2016Q4 us-gaap Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
2672654000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
4446000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
6013000 USD
CY2015Q4 us-gaap Secured Debt
SecuredDebt
319320000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
142998000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
11695000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
8331000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
8466000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P6Y
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1409031 shares
CY2014 us-gaap Stock Issued1
StockIssued1
421000 USD
CY2015 us-gaap Stock Issued1
StockIssued1
372000 USD
CY2016 us-gaap Stock Issued1
StockIssued1
606000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
316910000 USD
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StockIssuedDuringPeriodValueNewIssues
-195000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
120808000 USD
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StockRedeemedOrCalledDuringPeriodValue
225050000 USD
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 USD
CY2014 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
632000 USD
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4094000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2496000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1758389000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1605684000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1475084000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1782411000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1760834000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1609116000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66264118 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72384289 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72373242 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65646712 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71715870 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71901499 shares
CY2014 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2258000 USD
CY2015 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1577000 USD
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1836000 USD
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:18px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Risks and Uncertainties </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The state of the overall economy can significantly impact hotel operational performance and thus, impact the Company's financial position. Should any of the hotels experience a significant decline in operational performance, it may affect the Company's ability to make distributions to our shareholders and service debt or meet other financial obligations.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and revenues and expenses. These estimates are prepared using management&#8217;s best judgment, after considering past, current and expected events and economic conditions. Actual results could differ from these estimates.</font></div></div>

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