$RLJ
RLJ Lodging Trust Stock $rlj

$rlj Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000151133718000074 Filed on May 10, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$429.6M	$260.2M
YoY Change	65.08%	-5.43%
Cost Of Revenue	$273.0M	$156.0M
YoY Change	75.0%	-4.53%
Gross Profit	$156.6M	$104.3M
YoY Change	50.14%	-6.71%
Gross Profit Margin	36.45%	40.08%
Selling, General & Admin	$45.40M	$28.30M
YoY Change	60.42%	-5.03%
% of Gross Profit	28.99%	27.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$61.41M	$38.67M
YoY Change	58.82%	-5.07%
% of Gross Profit	39.21%	37.07%
Operating Expenses	$381.5M	$223.5M
YoY Change	70.68%	-4.47%
Operating Profit	$48.07M	$36.71M
YoY Change	30.96%	-10.89%
Interest Expense	$28.70M	$14.33M
YoY Change	100.31%	-3.79%
% of Operating Profit	59.71%	39.03%
Other Income/Expense, Net	$1.093M	$140.0K
YoY Change	680.71%	-53.64%
Pretax Income	$25.24M	$23.00M
YoY Change	9.71%	-14.8%
Income Tax	$1.342M	$1.166M
% Of Pretax Income	5.32%	5.07%
Net Earnings	$23.69M	$21.76M
YoY Change	8.87%	-14.17%
Net Earnings / Revenue	5.51%	8.36%
Basic Earnings Per Share	$0.10	$0.17
Diluted Earnings Per Share	$0.10	$0.17
COMMON SHARES
Basic Shares Outstanding	174.2M shares	123.7M shares
Diluted Shares Outstanding	174.3M shares	123.8M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$401.9M	$451.0M
YoY Change	-10.89%	257.94%
Cash & Equivalents	$401.9M	$451.0M
Short-Term Investments
Other Short-Term Assets	$85.40M	$60.70M
YoY Change	40.69%	65.4%
Inventory
Prepaid Expenses
Receivables	$76.80M	$34.70M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$564.1M	$546.4M
YoY Change	3.24%	182.09%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.637B	$3.339B
YoY Change	68.83%	-8.29%
Goodwill
YoY Change
Intangibles	$128.8M
YoY Change
Long-Term Investments	$23.25M
YoY Change
Other Assets	$133.8M	$105.2M
YoY Change	27.19%	1.74%
Total Long-Term Assets	$5.923B	$3.446B
YoY Change	71.86%	-8.01%
TOTAL ASSETS
Total Short-Term Assets	$564.1M	$546.4M
Total Long-Term Assets	$5.923B	$3.446B
Total Assets	$6.487B	$3.993B
YoY Change	62.47%	1.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$192.4M	$116.3M
YoY Change	65.43%	-11.09%
Accrued Expenses	$15.10M	$3.700M
YoY Change	308.11%	-24.49%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$273.1M	$161.7M
YoY Change	68.89%	-8.7%
LONG-TERM LIABILITIES
Long-Term Debt	$2.622B	$1.582B
YoY Change	65.68%	-0.19%
Other Long-Term Liabilities	$37.30M	$14.30M
YoY Change	160.84%	5.93%
Total Long-Term Liabilities	$2.659B	$1.597B
YoY Change	66.53%	-0.14%
TOTAL LIABILITIES
Total Short-Term Liabilities	$273.1M	$161.7M
Total Long-Term Liabilities	$2.659B	$1.597B
Total Liabilities	$2.938B	$1.770B
YoY Change	65.99%	-0.89%
SHAREHOLDERS EQUITY
Retained Earnings	-$123.1M	$18.71M
YoY Change	-758.14%
Common Stock	$3.212B	$2.190B
YoY Change	46.64%	-0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.482B	$2.210B
YoY Change
Total Liabilities & Shareholders Equity	$6.487B	$3.993B
YoY Change	62.47%	1.33%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$23.69M	$21.76M
YoY Change	8.87%	-14.17%
Depreciation, Depletion And Amortization	$61.41M	$38.67M
YoY Change	58.82%	-5.07%
Cash From Operating Activities	$50.98M	$49.92M
YoY Change	2.11%	-9.48%
INVESTING ACTIVITIES
Capital Expenditures	$27.00K	$3.000K
YoY Change	800.0%	-97.89%
Acquisitions
YoY Change
Other Investing Activities	$116.1M	-$100.0K
YoY Change	-116200.0%	-102.78%
Cash From Investing Activities	$77.47M	-$18.60M
YoY Change	-516.57%	-1.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$462.0K	$486.0K
YoY Change	-4.94%	-25.57%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$309.2M	-$42.66M
YoY Change	624.87%	-4.01%
NET CHANGE
Cash From Operating Activities	$50.98M	$49.92M
Cash From Investing Activities	$77.47M	-$18.60M
Cash From Financing Activities	-$309.2M	-$42.66M
Net Change In Cash	-$180.8M	-$11.33M
YoY Change	1495.35%	38.37%
FREE CASH FLOW
Cash From Operating Activities	$50.98M	$49.92M
Capital Expenditures	$27.00K	$3.000K
Free Cash Flow	$50.95M	$49.92M
YoY Change	2.06%	-9.25%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	rlj	Limited Liability Company Llc Preferred Unit Liquidation Value LimitedLiabilityCompanyLLCPreferredUnitLiquidationValue	45430000	USD
CY2018Q1	rlj	Limited Liability Company Llc Preferred Unit Liquidation Value LimitedLiabilityCompanyLLCPreferredUnitLiquidationValue	45458000	USD
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001511337
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	175203156	shares
CY2018Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	RLJ Lodging Trust
CY2017Q3	rlj	Advanced Bookings AdvancedBookings	13862000	USD
CY2017Q1	rlj	Cashreceivedfromanoncontrollinginterest Cashreceivedfromanoncontrollinginterest	0	USD
CY2018Q1	rlj	Cashreceivedfromanoncontrollinginterest Cashreceivedfromanoncontrollinginterest	74000	USD
CY2017Q1	rlj	Comprehensive Income Loss Attributableto Common Shareholders ComprehensiveIncomeLossAttributabletoCommonShareholders	27306000	USD
CY2018Q1	rlj	Comprehensive Income Loss Attributableto Common Shareholders ComprehensiveIncomeLossAttributabletoCommonShareholders	41546000	USD
CY2018Q1	rlj	Contributionsfromanoncontrollinginterest Contributionsfromanoncontrollinginterest	74000	USD
CY2018Q1	rlj	Direct And Indirect Ownership Interest In Operating Partnerships DirectAndIndirectOwnershipInterestInOperatingPartnerships	0.996
CY2017Q1	rlj	Disposal Group Costof Dispositionof Property Plantand Equipment DisposalGroupCostofDispositionofPropertyPlantandEquipment	60000	USD
CY2018Q1	rlj	Disposal Group Costof Dispositionof Property Plantand Equipment DisposalGroupCostofDispositionofPropertyPlantandEquipment	2587000	USD
CY2018Q1	rlj	Disposal Group Numberof Properties Disposed During Period DisposalGroupNumberofPropertiesDisposedDuringPeriod	2	hotel
CY2018Q1	rlj	Gross Proceedsfrom Saleof Real Estate Heldforinvestment GrossProceedsfromSaleofRealEstateHeldforinvestment	119200000	USD
CY2017Q1	rlj	Incremental Common Shares Attributable To Unvested Restricted Shares IncrementalCommonSharesAttributableToUnvestedRestrictedShares	107227	shares
CY2018Q1	rlj	Incremental Common Shares Attributable To Unvested Restricted Shares IncrementalCommonSharesAttributableToUnvestedRestrictedShares	75144	shares
CY2018Q1	rlj	Integrationcostsinabusinesscombination Integrationcostsinabusinesscombination	1283308	USD
CY2018Q1	rlj	Lineofcreditfutureborrowingcapacityifextended Lineofcreditfutureborrowingcapacityifextended	750000000	USD
CY2017Q1	rlj	Managementand Franchise Feeexpense ManagementandFranchiseFeeexpense	26913000	USD
CY2018Q1	rlj	Managementand Franchise Feeexpense ManagementandFranchiseFeeexpense	35676000	USD
CY2018Q1	rlj	Minimum Percentage Of Adjusted Taxable Income Currently Distributed To Qualify As Reit MinimumPercentageOfAdjustedTaxableIncomeCurrentlyDistributedToQualifyAsREIT	0.9
CY2018Q1	rlj	Noi Guaranteeannuallimit NOIGuaranteeannuallimit	21500000	USD
CY2018Q1	rlj	Noi Guaranteeearnedbythe Company NOIGuaranteeearnedbytheCompany	1900000	USD
CY2018Q1	rlj	Noi Guaranteeoverlifeofagreement NOIGuaranteeoverlifeofagreement	100000000.0	USD
CY2017Q1	rlj	Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares	21476000	USD
CY2018Q1	rlj	Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares	17082000	USD
CY2017Q1	rlj	Noncash Divestiture Of Other Assets NoncashDivestitureOfOtherAssets	0	USD
CY2018Q1	rlj	Noncash Divestiture Of Other Assets NoncashDivestitureOfOtherAssets	-537000	USD
CY2017Q1	rlj	Noncash Divestiture Of Real Estate NoncashDivestitureOfRealEstate	0	USD
CY2018Q1	rlj	Noncash Divestiture Of Real Estate NoncashDivestitureOfRealEstate	119200000	USD
CY2017Q1	rlj	Noncashor Part Noncash Dispositionof Property NoncashorPartNoncashDispositionofProperty	-60000	USD
CY2018Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	0	USD
CY2018Q1	rlj	Repaymentsof Senior Notes RepaymentsofSeniorNotes	539028000	USD
CY2018Q1	rlj	Restricted Cash Reserves Escrows As Percentage Of Revenue Required To Be Maintained Maximum RestrictedCashReservesEscrowsAsPercentageOfRevenueRequiredToBeMaintainedMaximum	0.05
CY2018Q1	rlj	Restricted Cash Reserves Escrows As Percentage Of Revenue Required To Be Maintained Minimum RestrictedCashReservesEscrowsAsPercentageOfRevenueRequiredToBeMaintainedMinimum	0.03
CY2017Q4	rlj	Secured Debt Gross SecuredDebtGross	647752000	USD
CY2018Q1	rlj	Secured Debt Gross SecuredDebtGross	645732000	USD
CY2017Q1	rlj	Stock Repurchase Program Additional Authorized Amount StockRepurchaseProgramAdditionalAuthorizedAmount	40000000.0	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	8800000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	26700000	USD
CY2017Q1	rlj	Repaymentsof Senior Notes RepaymentsofSeniorNotes	0	USD
CY2018Q1	rlj	Noncashor Part Noncash Dispositionof Property NoncashorPartNoncashDispositionofProperty	116076000	USD
CY2018Q1	rlj	Number Of Real Estate Properties Operated Under Franchise Agreements NumberOfRealEstatePropertiesOperatedUnderFranchiseAgreements	110	hotel
CY2018Q1	rlj	Number Of Real Estate Properties Operated Under Management Agreements NumberOfRealEstatePropertiesOperatedUnderManagementAgreements	155	hotel
CY2018Q1	rlj	Operating Partnerships Unit Outstanding OperatingPartnershipsUnitOutstanding	175979854	shares
CY2017Q1	rlj	Payments Of Distribution To Operating Partnership PaymentsOfDistributionToOperatingPartnership	227000	USD
CY2018Q1	rlj	Payments Of Distribution To Operating Partnership PaymentsOfDistributionToOperatingPartnership	248000	USD
CY2017Q1	rlj	Payments Of Dividends Unvested Restricted Shares PaymentsOfDividendsUnvestedRestrictedShares	282000	USD
CY2018Q1	rlj	Payments Of Dividends Unvested Restricted Shares PaymentsOfDividendsUnvestedRestrictedShares	328000	USD
CY2017Q1	rlj	Real Estate Depreciation And Amortization Excluding Discontinued Operations Expense RealEstateDepreciationAndAmortizationExcludingDiscontinuedOperationsExpense	38600000	USD
CY2018Q1	rlj	Real Estate Depreciation And Amortization Excluding Discontinued Operations Expense RealEstateDepreciationAndAmortizationExcludingDiscontinuedOperationsExpense	58800000	USD
CY2018Q1	rlj	Real Estate Interests Numberof Joint Ventures RealEstateInterestsNumberofJointVentures	2	joint_venture
CY2018Q1	rlj	Real Estate Properties Ownership Interest Percentage RealEstatePropertiesOwnershipInterestPercentage	1
CY2017Q1	rlj	Real Estate Taxes Rent And Insurance RealEstateTaxesRentAndInsurance	19158000	USD
CY2018Q1	rlj	Real Estate Taxes Rent And Insurance RealEstateTaxesRentAndInsurance	34499000	USD
CY2017Q4	rlj	Unamortizeddebtissuancecostsonmortgageloans Unamortizeddebtissuancecostsonmortgageloans	934000	USD
CY2018Q1	rlj	Unamortizeddebtissuancecostsonmortgageloans Unamortizeddebtissuancecostsonmortgageloans	756000	USD
CY2017Q4	rlj	Unamortizeddebtissuancecostsontermloans Unamortizeddebtissuancecostsontermloans	4046000	USD
CY2018Q1	rlj	Unamortizeddebtissuancecostsontermloans Unamortizeddebtissuancecostsontermloans	7105000	USD
CY2017Q4	rlj	Unsecured Debt Gross UnsecuredDebtGross	1175000000	USD
CY2018Q1	rlj	Unsecured Debt Gross UnsecuredDebtGross	1475000000	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	225664000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	192352000	USD
CY2017Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	60011000	USD
CY2018Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	76833000	USD
CY2017Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-210000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	8846000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	26703000	USD
CY2018Q1	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P46Y00M00D
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3208002000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3210185000	USD
CY2017Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-486000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-463000	USD
CY2017Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2334000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2649000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	510000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	577000	USD
CY2017Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	188000	USD
CY2018Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-1391000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	843000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	929000	USD
CY2017Q1	us-gaap	Amount Of Ineffectiveness On Net Investment Hedges AmountOfIneffectivenessOnNetInvestmentHedges	0	USD
CY2018Q1	us-gaap	Amount Of Ineffectiveness On Net Investment Hedges AmountOfIneffectivenessOnNetInvestmentHedges	0	USD
CY2017Q4	us-gaap	Assets Assets	6794805000	USD
CY2018Q1	us-gaap	Assets Assets	6487006000	USD
CY2017Q3	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	118050000	USD
CY2017Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	625000	USD
CY2018Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1672000	USD
CY2017Q3	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	1412388000	USD
CY2017Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	139673000	USD
CY2017Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	0	USD
CY2018Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5314000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	451010000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	586470000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	401943000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	523878000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	512548000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	659076000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	478323000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-11330000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-180753000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	174869046	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175205952	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	174869046	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175205952	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	1749000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	1752000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	27325000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	41751000	USD
CY2017Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	938000	USD
CY2018Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1103000	USD
CY2017Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	5547000	USD
CY2018Q1	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	5547000	USD
CY2017Q4	us-gaap	Deferred Revenue And Credits DeferredRevenueAndCredits	30463000	USD
CY2018Q1	us-gaap	Deferred Revenue And Credits DeferredRevenueAndCredits	37337000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	56761000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	57457000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	38665000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61408000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	38665000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61408000	USD
CY2017Q4	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	2186251000	USD
CY2018Q1	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	2135500000	USD
CY2017Q1	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	155955000	USD
CY2018Q1	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	273031000	USD
CY2017Q1	us-gaap	Dividends Common Stock DividendsCommonStock	41480000	USD
CY2018Q1	us-gaap	Dividends Common Stock DividendsCommonStock	58244000	USD
CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	65284000	USD
CY2018Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	65574000	USD
CY2018Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	6279000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.10
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.17
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2017Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
CY2018Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	250000	USD
CY2018Q1	us-gaap	Equity Method Investment Ownership Percentage EquityMethodInvestmentOwnershipPercentage	0.50
CY2018Q1	us-gaap	Equity Method Investments EquityMethodInvestments	23254000	USD
CY2017Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	756546000	USD
CY2018Q1	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	759171000	USD
CY2017Q1	us-gaap	Food And Beverage Cost Of Sales FoodAndBeverageCostOfSales	19297000	USD
CY2018Q1	us-gaap	Food And Beverage Cost Of Sales FoodAndBeverageCostOfSales	41263000	USD
CY2017Q1	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	26691000	USD
CY2018Q1	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	52195000	USD
CY2017Q1	us-gaap	Franchise Costs FranchiseCosts	16500000	USD
CY2018Q1	us-gaap	Franchise Costs FranchiseCosts	19700000	USD
CY2017Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-60000	USD
CY2018Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-3734000	USD
CY2017Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2018Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	7659000	USD
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9123000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10913000	USD
CY2017Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2018Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	23003000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	28970000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	23003000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	29351000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	21837000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	27628000	USD
CY2017Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-381000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1166000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1342000	USD
CY2017Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	212000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1623000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-9202000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-22507000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	8650000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	16822000	USD
CY2017Q1	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	2288000	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	6874000	USD
CY2017Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	253000	USD
CY2018Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-2022000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-637000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-289000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	133211000	USD
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	128794000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	14328000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	28701000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	13280000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	32257000	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	17081000	USD
CY2018Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	15059000	USD
CY2017Q4	us-gaap	Interest Rate Cash Flow Hedge Derivative At Fair Value Net InterestRateCashFlowHedgeDerivativeAtFairValueNet	8846000	USD
CY2018Q1	us-gaap	Interest Rate Cash Flow Hedge Derivative At Fair Value Net InterestRateCashFlowHedgeDerivativeAtFairValueNet	26703000	USD
CY2018Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	-5200000	USD
CY2017Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	4890266000	USD
CY2018Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	4807233000	USD
CY2017Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	485000	USD
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1230000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	23885000	USD
CY2018Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	23254000	USD
CY2017Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	1275030000	USD
CY2018Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	1257386000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	3224527000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	2937606000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6794805000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6487006000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	77466000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	49921000	USD
CY2018Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	26	state
CY2018Q1	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	30400	room
CY2017Q4	us-gaap	Limited Liability Company Llc Preferred Unit Issuance Value LimitedLiabilityCompanyLLCPreferredUnitIssuanceValue	44430000	USD
CY2018Q1	us-gaap	Limited Liability Company Llc Preferred Unit Issuance Value LimitedLiabilityCompanyLLCPreferredUnitIssuanceValue	44430000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	2880488000	USD
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	2621737000	USD
CY2018Q1	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	5100000	USD
CY2016Q1	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	8300000	USD
CY2017Q4	us-gaap	Minority Interest MinorityInterest	22881000	USD
CY2018Q1	us-gaap	Minority Interest MinorityInterest	22538000	USD
CY2017Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	11700000	USD
CY2018Q1	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	11540000	USD
CY2017Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	11181000	USD
CY2018Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	10998000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-42655000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-309194000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-18596000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	50975000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	21758000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	23689000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	21758000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	17410000	USD
CY2017Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-66000	USD
CY2018Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-234000	USD
CY2017Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	85000	USD
CY2018Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	73000	USD
CY2017Q3	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	37
CY2018Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	156	property
CY2017Q1	us-gaap	Occupancy Costs OccupancyCosts	51922000	USD
CY2018Q1	us-gaap	Occupancy Costs OccupancyCosts	89969000	USD
CY2017Q1	us-gaap	Occupancy Revenue OccupancyRevenue	224965000	USD
CY2018Q1	us-gaap	Occupancy Revenue OccupancyRevenue	357645000	USD
CY2017Q3	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	15489544	USD
CY2017Q1	us-gaap	Operating Expenses OperatingExpenses	223526000	USD
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	381523000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	36706000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	48070000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	5548000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	17857000	USD
CY2017Q1	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	57823000	USD
CY2018Q1	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	106123000	USD
CY2017Q3	us-gaap	Other Finite Lived Intangible Assets Gross OtherFiniteLivedIntangibleAssetsGross	7761000	USD
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27000	USD
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q1	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	8576000	USD
CY2018Q1	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	19753000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	140000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1093000	USD
CY2017Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	10400000	USD
CY2018Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	15900000	USD
CY2017Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	18533000	USD
CY2018Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	38583000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	486000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	462000	USD
CY2017Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	0	USD
CY2018Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	366000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	41040000	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	57707000	USD
CY2017Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
CY2018Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	6279000	USD
CY2017Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3515000	USD
CY2017Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	24883000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3000	USD
CY2017Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
CY2018Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	366000	USD
CY2017Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6279000	USD
CY2017Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	328266000	USD
CY2018Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	328266000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	366936000	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	366936000	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	69936000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	85412000	USD
CY2017Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	USD
CY2018Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	300000000	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	-60000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	116076000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	21777000	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	23894000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1129917000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1186857000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6921842000	USD
CY2018Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6823790000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5791925000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5636933000	USD
CY2017Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	902000	USD
CY2018Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1663000	USD
CY2017Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	61538000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	72606000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	76380000	USD
CY2017Q1	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	0	USD
CY2018Q1	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	0	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-82566000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-123144000	USD
CY2017Q1	us-gaap	Revenues Revenues	260232000	USD
CY2018Q1	us-gaap	Revenues Revenues	429593000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2334000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2514000	USD
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	7500000	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	3102567	shares
CY2017Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2015Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	400000000.0	USD
CY2017Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	440000000.0	USD
CY2018Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	198932517	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	3502967000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	3482432000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2235277000	USD
CY2017Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2222970000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3570278000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3549400000	USD
CY2017Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	123841400	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	174268815	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	123734173	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	174193671	shares
CY2018Q1	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts in these financial statements have been reclassified to conform to the current year presentation with no impact to net income and comprehensive income, shareholders’ equity or cash flows.</font></div></div>
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the Company’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities and the amounts of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

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RLJ Lodging Trust Stock $rlj

2018 Q1 Form 10-Q Financial Statement

#000151133718000074 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RLJ RLJ Lodging Trust Stock $rlj

2018 Q1 Form 10-Q Financial Statement

#000151133718000074 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RLJ
RLJ Lodging Trust Stock $rlj