2018 Q2 Form 10-Q Financial Statement

#000151133718000119 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $484.7M $292.3M
YoY Change 65.83% -7.83%
Cost Of Revenue $282.7M $164.0M
YoY Change 72.38% -5.91%
Gross Profit $202.0M $128.3M
YoY Change 57.44% -10.15%
Gross Profit Margin 41.68% 43.9%
Selling, General & Admin $51.10M $28.30M
YoY Change 80.57% 8.85%
% of Gross Profit 25.3% 22.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $61.70M $38.20M
YoY Change 61.52% -6.6%
% of Gross Profit 30.54% 29.77%
Operating Expenses $395.6M $234.2M
YoY Change 68.91% -2.9%
Operating Profit $89.06M $58.07M
YoY Change 53.38% -23.5%
Interest Expense $25.44M $14.55M
YoY Change 74.89% -1.63%
% of Operating Profit 28.57% 25.05%
Other Income/Expense, Net $565.0K $73.00K
YoY Change 673.97% -122.39%
Pretax Income $66.75M $44.26M
YoY Change 50.82% -27.69%
Income Tax $2.354M $1.821M
% Of Pretax Income 3.53% 4.11%
Net Earnings $63.71M $42.25M
YoY Change 50.82% -28.08%
Net Earnings / Revenue 13.15% 14.45%
Basic Earnings Per Share $0.33 $0.34
Diluted Earnings Per Share $0.33 $0.34
COMMON SHARES
Basic Shares Outstanding 174.2M shares 123.8M shares
Diluted Shares Outstanding 174.4M shares 123.9M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $382.5M $479.9M
YoY Change -20.3% 199.75%
Cash & Equivalents $382.5M $479.9M
Short-Term Investments
Other Short-Term Assets $74.90M $60.60M
YoY Change 23.6% 75.14%
Inventory
Prepaid Expenses
Receivables $73.60M $34.40M
Other Receivables $0.00 $0.00
Total Short-Term Assets $531.0M $574.9M
YoY Change -7.64% 151.05%
LONG-TERM ASSETS
Property, Plant & Equipment $5.534B $3.321B
YoY Change 66.62% -8.27%
Goodwill
YoY Change
Intangibles $125.5M
YoY Change
Long-Term Investments $23.49M
YoY Change
Other Assets $233.3M $103.1M
YoY Change 126.29% -4.71%
Total Long-Term Assets $5.916B $3.427B
YoY Change 72.65% -8.16%
TOTAL ASSETS
Total Short-Term Assets $531.0M $574.9M
Total Long-Term Assets $5.916B $3.427B
Total Assets $6.447B $4.002B
YoY Change 61.11% 1.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $208.3M $127.1M
YoY Change 63.89% -13.65%
Accrued Expenses $8.100M $3.900M
YoY Change 107.69% 21.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $282.3M $172.9M
YoY Change 63.27% -9.81%
LONG-TERM LIABILITIES
Long-Term Debt $2.569B $1.582B
YoY Change 62.39% -0.07%
Other Long-Term Liabilities $31.70M $10.50M
YoY Change 201.9% -11.76%
Total Long-Term Liabilities $2.601B $1.593B
YoY Change 63.31% -0.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $282.3M $172.9M
Total Long-Term Liabilities $2.601B $1.593B
Total Liabilities $2.889B $1.777B
YoY Change 62.56% -1.09%
SHAREHOLDERS EQUITY
Retained Earnings -$123.8M $19.67M
YoY Change -729.3% 407.45%
Common Stock $3.215B $2.193B
YoY Change 46.6% 0.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.492B $2.212B
YoY Change
Total Liabilities & Shareholders Equity $6.447B $4.002B
YoY Change 61.11% 1.04%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $63.71M $42.25M
YoY Change 50.82% -28.08%
Depreciation, Depletion And Amortization $61.70M $38.20M
YoY Change 61.52% -6.6%
Cash From Operating Activities $144.8M $91.60M
YoY Change 58.08% -15.96%
INVESTING ACTIVITIES
Capital Expenditures -$46.50M -$20.80M
YoY Change 123.56% 9.47%
Acquisitions
YoY Change
Other Investing Activities $1.000M $100.0K
YoY Change 900.0% -101.47%
Cash From Investing Activities -$45.50M -$20.70M
YoY Change 119.81% -19.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -117.0M -42.80M
YoY Change 173.36% -13.01%
NET CHANGE
Cash From Operating Activities 144.8M 91.60M
Cash From Investing Activities -45.50M -20.70M
Cash From Financing Activities -117.0M -42.80M
Net Change In Cash -17.70M 28.10M
YoY Change -162.99% -17.35%
FREE CASH FLOW
Cash From Operating Activities $144.8M $91.60M
Capital Expenditures -$46.50M -$20.80M
Free Cash Flow $191.3M $112.4M
YoY Change 70.2% -12.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001511337
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
175307476 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
RLJ Lodging Trust
CY2017Q3 rlj Advanced Bookings
AdvancedBookings
13862000 USD
dei Amendment Flag
AmendmentFlag
false
rlj Cashreceivedfromanoncontrollinginterest
Cashreceivedfromanoncontrollinginterest
0 USD
rlj Cashreceivedfromanoncontrollinginterest
Cashreceivedfromanoncontrollinginterest
74000 USD
CY2017Q2 rlj Comprehensive Income Loss Attributableto Common Shareholders
ComprehensiveIncomeLossAttributabletoCommonShareholders
40531000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-460000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 USD
rlj Comprehensive Income Loss Attributableto Common Shareholders
ComprehensiveIncomeLossAttributabletoCommonShareholders
67837000 USD
CY2018Q2 rlj Comprehensive Income Loss Attributableto Common Shareholders
ComprehensiveIncomeLossAttributabletoCommonShareholders
70650000 USD
rlj Comprehensive Income Loss Attributableto Common Shareholders
ComprehensiveIncomeLossAttributabletoCommonShareholders
112196000 USD
rlj Contributionsfromanoncontrollinginterest
Contributionsfromanoncontrollinginterest
74000 USD
rlj Direct And Indirect Ownership Interest In Operating Partnerships
DirectAndIndirectOwnershipInterestInOperatingPartnerships
0.996
rlj Disposal Group Costof Dispositionof Property Plantand Equipment
DisposalGroupCostofDispositionofPropertyPlantandEquipment
30000 USD
rlj Disposal Group Costof Dispositionof Property Plantand Equipment
DisposalGroupCostofDispositionofPropertyPlantandEquipment
2546000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.66
rlj Disposal Group Deferred Gain Recognized During Period
DisposalGroupDeferredGainRecognizedDuringPeriod
800000 USD
rlj Disposal Group Numberof Properties Disposed During Period
DisposalGroupNumberofPropertiesDisposedDuringPeriod
2 hotel
rlj Gross Proceedsfrom Saleof Real Estate Heldforinvestment
GrossProceedsfromSaleofRealEstateHeldforinvestment
119200000 USD
CY2017Q2 rlj Incremental Common Shares Attributable To Unvested Restricted Shares
IncrementalCommonSharesAttributableToUnvestedRestrictedShares
86027 shares
rlj Incremental Common Shares Attributable To Unvested Restricted Shares
IncrementalCommonSharesAttributableToUnvestedRestrictedShares
96292 shares
CY2018Q2 rlj Incremental Common Shares Attributable To Unvested Restricted Shares
IncrementalCommonSharesAttributableToUnvestedRestrictedShares
125693 shares
rlj Incremental Common Shares Attributable To Unvested Restricted Shares
IncrementalCommonSharesAttributableToUnvestedRestrictedShares
99961 shares
CY2017Q2 rlj Integrationcostsinabusinesscombination
Integrationcostsinabusinesscombination
0 USD
rlj Integrationcostsinabusinesscombination
Integrationcostsinabusinesscombination
0 USD
CY2018Q2 rlj Integrationcostsinabusinesscombination
Integrationcostsinabusinesscombination
305000 USD
rlj Integrationcostsinabusinesscombination
Integrationcostsinabusinesscombination
1725000 USD
CY2017Q4 rlj Limited Liability Company Llc Preferred Unit Liquidation Value
LimitedLiabilityCompanyLLCPreferredUnitLiquidationValue
45430000 USD
CY2018Q2 rlj Limited Liability Company Llc Preferred Unit Liquidation Value
LimitedLiabilityCompanyLLCPreferredUnitLiquidationValue
45487000 USD
rlj Lineofcreditfutureborrowingcapacityifextended
Lineofcreditfutureborrowingcapacityifextended
750000000 USD
CY2017Q2 rlj Managementand Franchise Feeexpense
ManagementandFranchiseFeeexpense
29626000 USD
rlj Managementand Franchise Feeexpense
ManagementandFranchiseFeeexpense
56539000 USD
CY2018Q2 rlj Managementand Franchise Feeexpense
ManagementandFranchiseFeeexpense
37252000 USD
rlj Managementand Franchise Feeexpense
ManagementandFranchiseFeeexpense
72928000 USD
rlj Minimum Percentage Of Adjusted Taxable Income Currently Distributed To Qualify As Reit
MinimumPercentageOfAdjustedTaxableIncomeCurrentlyDistributedToQualifyAsREIT
0.9
rlj Noi Guaranteeannuallimit
NOIGuaranteeannuallimit
21500000 USD
CY2018Q2 rlj Noi Guaranteeearnedbythe Company
NOIGuaranteeearnedbytheCompany
2400000 USD
rlj Noi Guaranteeearnedbythe Company
NOIGuaranteeearnedbytheCompany
4300000 USD
rlj Noi Guaranteeoverlifeofagreement
NOIGuaranteeoverlifeofagreement
100000000.0 USD
CY2017Q2 rlj Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares
41966000 USD
rlj Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares
63449000 USD
CY2018Q2 rlj Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares
57100000 USD
rlj Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares
74183000 USD
rlj Noncash Divestiture Of Other Assets
NoncashDivestitureOfOtherAssets
0 USD
rlj Noncash Divestiture Of Other Assets
NoncashDivestitureOfOtherAssets
-537000 USD
rlj Noncash Divestiture Of Real Estate
NoncashDivestitureOfRealEstate
0 USD
rlj Noncash Divestiture Of Real Estate
NoncashDivestitureOfRealEstate
120200000 USD
rlj Noncashor Part Noncash Dispositionof Property
NoncashorPartNoncashDispositionofProperty
-30000 USD
rlj Noncashor Part Noncash Dispositionof Property
NoncashorPartNoncashDispositionofProperty
117117000 USD
CY2018Q2 rlj Number Of Real Estate Properties Operated Under Franchise Agreements
NumberOfRealEstatePropertiesOperatedUnderFranchiseAgreements
110 hotel
CY2018Q2 rlj Number Of Real Estate Properties Operated Under Management Agreements
NumberOfRealEstatePropertiesOperatedUnderManagementAgreements
155 hotel
CY2018Q2 rlj Operating Partnerships Unit Outstanding
OperatingPartnershipsUnitOutstanding
176052200 shares
rlj Payments Of Distribution To Operating Partnership
PaymentsOfDistributionToOperatingPartnership
360000 USD
rlj Payments Of Distribution To Operating Partnership
PaymentsOfDistributionToOperatingPartnership
524000 USD
CY2017Q2 rlj Payments Of Dividends Unvested Restricted Shares
PaymentsOfDividendsUnvestedRestrictedShares
273000 USD
rlj Payments Of Dividends Unvested Restricted Shares
PaymentsOfDividendsUnvestedRestrictedShares
555000 USD
CY2018Q2 rlj Payments Of Dividends Unvested Restricted Shares
PaymentsOfDividendsUnvestedRestrictedShares
335000 USD
rlj Payments Of Dividends Unvested Restricted Shares
PaymentsOfDividendsUnvestedRestrictedShares
663000 USD
CY2017Q2 rlj Real Estate Depreciation And Amortization Excluding Discontinued Operations Expense
RealEstateDepreciationAndAmortizationExcludingDiscontinuedOperationsExpense
38200000 USD
rlj Real Estate Depreciation And Amortization Excluding Discontinued Operations Expense
RealEstateDepreciationAndAmortizationExcludingDiscontinuedOperationsExpense
76800000 USD
CY2018Q2 rlj Real Estate Depreciation And Amortization Excluding Discontinued Operations Expense
RealEstateDepreciationAndAmortizationExcludingDiscontinuedOperationsExpense
59000000 USD
rlj Real Estate Depreciation And Amortization Excluding Discontinued Operations Expense
RealEstateDepreciationAndAmortizationExcludingDiscontinuedOperationsExpense
117900000 USD
CY2018Q2 rlj Real Estate Interests Numberof Joint Ventures
RealEstateInterestsNumberofJointVentures
2 joint_venture
CY2017Q2 rlj Real Estate Taxes Rent And Insurance
RealEstateTaxesRentAndInsurance
18152000 USD
rlj Real Estate Taxes Rent And Insurance
RealEstateTaxesRentAndInsurance
37310000 USD
CY2018Q2 rlj Real Estate Taxes Rent And Insurance
RealEstateTaxesRentAndInsurance
35537000 USD
rlj Real Estate Taxes Rent And Insurance
RealEstateTaxesRentAndInsurance
70036000 USD
rlj Repaymentsof Senior Notes
RepaymentsofSeniorNotes
0 USD
rlj Repaymentsof Senior Notes
RepaymentsofSeniorNotes
539021000 USD
rlj Restricted Cash Reserves Escrows As Percentage Of Revenue Required To Be Maintained Maximum
RestrictedCashReservesEscrowsAsPercentageOfRevenueRequiredToBeMaintainedMaximum
0.05
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
CY2018Q2 rlj Secured Debt Gross
SecuredDebtGross
643726000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2018Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
73617000 USD
CY2017Q1 rlj Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
40000000.0 USD
CY2017Q2 rlj Totalmergerrelatedcostsofabusinesscombination
Totalmergerrelatedcostsofabusinesscombination
3627000 USD
rlj Totalmergerrelatedcostsofabusinesscombination
Totalmergerrelatedcostsofabusinesscombination
4247000 USD
CY2018Q2 rlj Totalmergerrelatedcostsofabusinesscombination
Totalmergerrelatedcostsofabusinesscombination
-171000 USD
rlj Totalmergerrelatedcostsofabusinesscombination
Totalmergerrelatedcostsofabusinesscombination
1112000 USD
CY2017Q2 rlj Transactioncostsinabusinesscombination
Transactioncostsinabusinesscombination
3627000 USD
rlj Transactioncostsinabusinesscombination
Transactioncostsinabusinesscombination
4247000 USD
CY2018Q2 rlj Transactioncostsinabusinesscombination
Transactioncostsinabusinesscombination
-476000 USD
rlj Transactioncostsinabusinesscombination
Transactioncostsinabusinesscombination
-613000 USD
CY2017Q4 rlj Unamortizeddebtissuancecostsonmortgageloans
Unamortizeddebtissuancecostsonmortgageloans
934000 USD
CY2018Q2 rlj Unamortizeddebtissuancecostsonmortgageloans
Unamortizeddebtissuancecostsonmortgageloans
627000 USD
CY2017Q4 rlj Unamortizeddebtissuancecostsontermloans
Unamortizeddebtissuancecostsontermloans
4046000 USD
CY2018Q2 rlj Unamortizeddebtissuancecostsontermloans
Unamortizeddebtissuancecostsontermloans
6718000 USD
CY2017Q4 rlj Unsecured Debt Gross
UnsecuredDebtGross
1175000000 USD
CY2018Q2 rlj Unsecured Debt Gross
UnsecuredDebtGross
1425000000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
225664000 USD
CY2018Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
208336000 USD
CY2017Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
60011000 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
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
33600000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8846000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
33639000 USD
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
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3213049000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-1139000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-999000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5469000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6050000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
510000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
649000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
375000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-1857000 USD
CY2017Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
861000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1704000 USD
CY2018Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
880000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1808000 USD
CY2017Q2 us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0 USD
us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0 USD
CY2018Q2 us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0 USD
us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0 USD
CY2017Q4 us-gaap Assets
Assets
6794805000 USD
CY2018Q2 us-gaap Assets
Assets
6447221000 USD
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2018Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
99415000 USD
CY2017Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
118050000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-198399000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
40749000 USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2017Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
3691000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4316000 USD
CY2018Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
247000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1920000 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
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14176000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
479879000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
586470000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
382455000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
523878000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
540576000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
659076000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
460677000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
16698000 USD
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.66
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 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
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
174869046 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
175278298 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
174869046 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
175278298 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
1749000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
1753000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
68075000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
71329000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
113079000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2261000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2929000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5547000 USD
CY2018Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5547000 USD
CY2017Q4 us-gaap Deferred Revenue And Credits
DeferredRevenueAndCredits
30463000 USD
CY2018Q2 us-gaap Deferred Revenue And Credits
DeferredRevenueAndCredits
31725000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
56761000 USD
CY2018Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
55632000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
83669000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2017Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
29121000 USD
CY2017Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
38240000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
76905000 USD
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
61648000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
123056000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
76905000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
123056000 USD
CY2017Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
2186251000 USD
CY2018Q2 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
2134751000 USD
CY2017Q2 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
164006000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
319960000 USD
CY2018Q2 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
282673000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
555704000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
82948000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
116621000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
65284000 USD
CY2018Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
65852000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
12557000 USD
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
814000 USD
CY2018Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
23885000 USD
CY2018Q2 us-gaap Equity Method Investments
EquityMethodInvestments
23488000 USD
CY2017Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
756546000 USD
CY2018Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
780635000 USD
CY2017Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
20101000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
39398000 USD
CY2018Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
42406000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
55812000 USD
CY2018Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
58444000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
110639000 USD
CY2017Q2 us-gaap Franchise Costs
FranchiseCosts
18500000 USD
us-gaap Franchise Costs
FranchiseCosts
35000000 USD
CY2018Q2 us-gaap Franchise Costs
FranchiseCosts
22200000 USD
us-gaap Franchise Costs
FranchiseCosts
41900000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
30000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-30000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
796000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2938000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
42434000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
474000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-8955000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
64272000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
63597000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
7000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
7666000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10129000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19252000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15523000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
26436000 USD
CY2017Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2018Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44255000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
67259000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
65951000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
94920000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
44255000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
67259000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
65152000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
94502000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
91224000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
799000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
418000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1821000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2987000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2354000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3696000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1107000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3382000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1852000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-15385000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8390000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13606000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
-1483000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
1262000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1466000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-16884000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
133211000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
125453000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
2880488000 USD
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
2569066000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
14548000 USD
us-gaap Interest Expense
InterestExpense
28877000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
25443000 USD
us-gaap Interest Expense
InterestExpense
54144000 USD
us-gaap Interest Paid
InterestPaid
26793000 USD
us-gaap Interest Paid
InterestPaid
65290000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
17081000 USD
CY2018Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8126000 USD
CY2017Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
8846000 USD
CY2018Q2 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
33639000 USD
CY2018Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-8000000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4890266000 USD
CY2018Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4756592000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
664000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1149000 USD
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
960000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2190000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
23885000 USD
CY2018Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
23488000 USD
CY2017Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
1275030000 USD
CY2018Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
1232308000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
3224527000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
2888652000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6794805000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6447221000 USD
CY2017Q4 us-gaap Limited Liability Company Llc Preferred Unit Issuance Value
LimitedLiabilityCompanyLLCPreferredUnitIssuanceValue
44430000 USD
CY2018Q2 us-gaap Limited Liability Company Llc Preferred Unit Issuance Value
LimitedLiabilityCompanyLLCPreferredUnitIssuanceValue
44430000 USD
CY2018Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
4800000 USD
CY2016Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
8300000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
22881000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
22570000 USD
CY2017Q4 us-gaap Minority Interest In Joint Ventures
MinorityInterestInJointVentures
11700000 USD
CY2018Q2 us-gaap Minority Interest In Joint Ventures
MinorityInterestInJointVentures
11595000 USD
CY2017Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
11181000 USD
CY2018Q2 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
10975000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-85535000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-426217000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-39280000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
32042000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
141513000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
195776000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
42246000 USD
us-gaap Net Income Loss
NetIncomeLoss
64004000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
63714000 USD
us-gaap Net Income Loss
NetIncomeLoss
87403000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42246000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64004000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57435000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
74846000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
29000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-37000 USD
CY2018Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
55000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-179000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
189000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
275000 USD
CY2018Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
254000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
327000 USD
CY2017Q3 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
37
CY2018Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
156 property
CY2018Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
26 state
CY2018Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
30400 room
CY2017Q2 us-gaap Occupancy Costs
OccupancyCosts
55221000 USD
us-gaap Occupancy Costs
OccupancyCosts
107143000 USD
CY2018Q2 us-gaap Occupancy Costs
OccupancyCosts
94459000 USD
us-gaap Occupancy Costs
OccupancyCosts
184428000 USD
CY2017Q2 us-gaap Occupancy Revenue
OccupancyRevenue
253739000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
478704000 USD
CY2018Q2 us-gaap Occupancy Revenue
OccupancyRevenue
403232000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
760877000 USD
CY2017Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
15489544 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
234218000 USD
us-gaap Operating Expenses
OperatingExpenses
457743000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
735000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
395628000 USD
us-gaap Operating Expenses
OperatingExpenses
777152000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
58066000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
94773000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
89063000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
137133000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1715000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3833000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
6936000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
24793000 USD
CY2017Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
59058000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
116880000 USD
CY2018Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
108556000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
214679000 USD
CY2017Q3 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
7761000 USD
CY2017Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
9424000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
18000000 USD
CY2018Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
23015000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
42769000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
73000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
214000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
565000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1657000 USD
CY2017Q2 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
11100000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
21600000 USD
CY2018Q2 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
15100000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
31000000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
39186000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
85045000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1139000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
998000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
739000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
82161000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
115525000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12557000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
74000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3615000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24883000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
64000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30000 USD
CY2017Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2018Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
370000 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6279000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12557000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
328266000 USD
CY2018Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
328266000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
366936000 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
366936000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
69936000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
74870000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Revenues
Revenues
552516000 USD
CY2018Q2 us-gaap Revenues
Revenues
484691000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
300000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
-30000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
117117000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
42464000 USD
us-gaap Profit Loss
ProfitLoss
64242000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
64393000 USD
us-gaap Profit Loss
ProfitLoss
88286000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1129917000 USD
CY2018Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1235466000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6921842000 USD
CY2018Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6769535000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5791925000 USD
CY2018Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5534069000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1801000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3312000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
60697000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
72606000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
78222000 USD
us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-82566000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-123808000 USD
CY2017Q2 us-gaap Revenues
Revenues
292284000 USD
us-gaap Revenues
Revenues
914285000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5469000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5686000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
7500000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3005780 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
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
CY2018Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
198932517 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3502967000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
3491569000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2235277000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2224734000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3570278000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3558569000 USD
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2018Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123871762 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123856388 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174364547 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174316348 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123785735 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123760096 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174238854 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174216387 shares
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;">&#160;</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&#8217; equity or cash flows.</font></div></div>
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;">&#160;</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&#8217;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

Name View Source Status
0001511337-18-000119-index-headers.html Edgar Link pending
0001511337-18-000119-index.html Edgar Link pending
0001511337-18-000119.txt Edgar Link pending
0001511337-18-000119-xbrl.zip Edgar Link pending
exhibit311-6302018.htm Edgar Link pending
exhibit312-6302018.htm Edgar Link pending
exhibit321-6302018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx 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
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
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rlj-20180630.xml Edgar Link completed
rlj-20180630.xsd Edgar Link pending
rlj-20180630_cal.xml Edgar Link unprocessable
rlj-20180630_def.xml Edgar Link unprocessable
rlj-20180630_lab.xml Edgar Link unprocessable
rlj-20180630_pre.xml Edgar Link unprocessable
rlj-6302018x10q.htm Edgar Link pending
Show.js Edgar Link pending