$RLJ
RLJ Lodging Trust Stock $rlj

$rlj Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000151133719000045 Filed on May 09, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$399.3M	$429.6M
YoY Change	-7.06%	65.08%
Cost Of Revenue	$249.6M	$273.0M
YoY Change	-8.57%	75.0%
Gross Profit	$149.6M	$156.6M
YoY Change	-4.47%	50.14%
Gross Profit Margin	37.47%	36.45%
Selling, General & Admin	$41.80M	$45.40M
YoY Change	-7.93%	60.42%
% of Gross Profit	27.94%	28.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$58.40M	$61.41M
YoY Change	-4.89%	58.82%
% of Gross Profit	39.04%	39.21%
Operating Expenses	$350.4M	$381.5M
YoY Change	-8.17%	70.68%
Operating Profit	-$200.8M	$48.07M
YoY Change	-517.62%	30.96%
Interest Expense	$20.06M	$28.70M
YoY Change	-30.1%	100.31%
% of Operating Profit		59.71%
Other Income/Expense, Net	$274.0K	$1.093M
YoY Change	-74.93%	680.71%
Pretax Income	$29.92M	$25.24M
YoY Change	18.55%	9.71%
Income Tax	$1.586M	$1.342M
% Of Pretax Income	5.3%	5.32%
Net Earnings	$27.25M	$23.69M
YoY Change	15.04%	8.87%
Net Earnings / Revenue	6.83%	5.51%
Basic Earnings Per Share	$0.12	$0.10
Diluted Earnings Per Share	$0.12	$0.10
COMMON SHARES
Basic Shares Outstanding	172.8M shares	174.2M shares
Diluted Shares Outstanding	172.9M shares	174.3M shares

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$241.5M	$401.9M
YoY Change	-39.91%	-10.89%
Cash & Equivalents	$241.5M	$401.9M
Short-Term Investments
Other Short-Term Assets	$59.00M	$85.40M
YoY Change	-30.91%	40.69%
Inventory
Prepaid Expenses
Receivables	$67.60M	$76.80M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$368.1M	$564.1M
YoY Change	-34.75%	3.24%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.505B	$5.637B
YoY Change	-2.34%	68.83%
Goodwill
YoY Change
Intangibles	$5.676M	$128.8M
YoY Change	-95.59%
Long-Term Investments	$21.95M	$23.25M
YoY Change	-5.6%
Other Assets	$100.3M	$133.8M
YoY Change	-25.04%	27.19%
Total Long-Term Assets	$5.632B	$5.923B
YoY Change	-4.9%	71.86%
TOTAL ASSETS
Total Short-Term Assets	$368.1M	$564.1M
Total Long-Term Assets	$5.632B	$5.923B
Total Assets	$6.001B	$6.487B
YoY Change	-7.5%	62.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$169.4M	$192.4M
YoY Change	-11.95%	65.43%
Accrued Expenses	$139.3M	$15.10M
YoY Change	822.52%	308.11%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$374.3M	$273.1M
YoY Change	37.06%	68.89%
LONG-TERM LIABILITIES
Long-Term Debt	$2.200B	$2.622B
YoY Change	-16.08%	65.68%
Other Long-Term Liabilities	$30.10M	$37.30M
YoY Change	-19.3%	160.84%
Total Long-Term Liabilities	$2.230B	$2.659B
YoY Change	-16.13%	66.53%
TOTAL LIABILITIES
Total Short-Term Liabilities	$374.3M	$273.1M
Total Long-Term Liabilities	$2.230B	$2.659B
Total Liabilities	$2.607B	$2.938B
YoY Change	-11.24%	65.99%
SHAREHOLDERS EQUITY
Retained Earnings	-$187.1M	-$123.1M
YoY Change	51.93%	-758.14%
Common Stock	$3.189B	$3.212B
YoY Change	-0.71%	46.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.369B	$3.482B
YoY Change
Total Liabilities & Shareholders Equity	$6.001B	$6.487B
YoY Change	-7.5%	62.47%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	$27.25M	$23.69M
YoY Change	15.04%	8.87%
Depreciation, Depletion And Amortization	$58.40M	$61.41M
YoY Change	-4.89%	58.82%
Cash From Operating Activities	$75.04M	$50.98M
YoY Change	47.22%	2.11%
INVESTING ACTIVITIES
Capital Expenditures	$52.00K	$27.00K
YoY Change	92.59%	800.0%
Acquisitions
YoY Change
Other Investing Activities	-$600.0K	$116.1M
YoY Change	-100.52%	-116200.0%
Cash From Investing Activities	-$44.10M	$77.47M
YoY Change	-156.93%	-516.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$366.0K	$462.0K
YoY Change	-20.78%	-4.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$120.1M	-$309.2M
YoY Change	-61.16%	624.87%
NET CHANGE
Cash From Operating Activities	$75.04M	$50.98M
Cash From Investing Activities	-$44.10M	$77.47M
Cash From Financing Activities	-$120.1M	-$309.2M
Net Change In Cash	-$89.14M	-$180.8M
YoY Change	-50.68%	1495.35%
FREE CASH FLOW
Cash From Operating Activities	$75.04M	$50.98M
Capital Expenditures	$52.00K	$27.00K
Free Cash Flow	$74.99M	$50.95M
YoY Change	47.19%	2.06%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	RLJ Lodging Trust
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2018Q1	rlj	Cash Paidto Equity Method Investment Contribution CashPaidtoEquityMethodInvestmentContribution	0	USD
CY2019Q1	rlj	Cash Paidto Equity Method Investment Contribution CashPaidtoEquityMethodInvestmentContribution	603000	USD
CY2018Q1	rlj	Cashreceivedfromanoncontrollinginterest Cashreceivedfromanoncontrollinginterest	74000	USD
CY2019Q1	rlj	Cashreceivedfromanoncontrollinginterest Cashreceivedfromanoncontrollinginterest	2306000	USD
CY2018Q1	rlj	Comprehensive Income Loss Attributableto Common Shareholders ComprehensiveIncomeLossAttributabletoCommonShareholders	41546000	USD
CY2019Q1	rlj	Comprehensive Income Loss Attributableto Common Shareholders ComprehensiveIncomeLossAttributabletoCommonShareholders	10867000	USD
CY2018Q1	rlj	Contributionsfromanoncontrollinginterest Contributionsfromanoncontrollinginterest	74000	USD
CY2019Q1	rlj	Contributionsfromanoncontrollinginterest Contributionsfromanoncontrollinginterest	2306000	USD
CY2019Q1	rlj	Direct And Indirect Ownership Interest In Operating Partnerships DirectAndIndirectOwnershipInterestInOperatingPartnerships	0.996
CY2018Q1	rlj	Disposal Group Costof Dispositionof Property Plantand Equipment DisposalGroupCostofDispositionofPropertyPlantandEquipment	2587000	USD
CY2019Q1	rlj	Disposal Group Costof Dispositionof Property Plantand Equipment DisposalGroupCostofDispositionofPropertyPlantandEquipment	0	USD
CY2019Q1	rlj	Disposal Group Numberof Properties Disposed During Period DisposalGroupNumberofPropertiesDisposedDuringPeriod	2	hotel
CY2019Q1	rlj	Gross Proceedsfrom Saleof Real Estate Heldforinvestment GrossProceedsfromSaleofRealEstateHeldforinvestment	119200000	USD
CY2018Q1	rlj	Incremental Common Shares Attributable To Unvested Restricted Shares IncrementalCommonSharesAttributableToUnvestedRestrictedShares	75144	shares
CY2019Q1	rlj	Incremental Common Shares Attributable To Unvested Restricted Shares IncrementalCommonSharesAttributableToUnvestedRestrictedShares	59232	shares
CY2018Q4	rlj	Limited Liability Company Llc Preferred Unit Liquidation Value LimitedLiabilityCompanyLLCPreferredUnitLiquidationValue	45544000	USD
CY2019Q1	dei	Amendment Flag AmendmentFlag	false
CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	173661571	shares
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001511337
CY2019Q1	rlj	Proceedsnetofissuancecostsontheissuanceofpreferredequityinaconsolidatedjointventure Proceedsnetofissuancecostsontheissuanceofpreferredequityinaconsolidatedjointventure	44400000	USD
CY2019Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2018Q1	rlj	Paymentsof Dividendson Unvested Restricted Shares PaymentsofDividendsonUnvestedRestrictedShares	328000	USD
CY2019Q1	rlj	Paymentsof Dividendson Unvested Restricted Shares PaymentsofDividendsonUnvestedRestrictedShares	312000	USD
CY2019Q1	rlj	Limited Liability Company Llc Preferred Unit Liquidation Value LimitedLiabilityCompanyLLCPreferredUnitLiquidationValue	0	USD
CY2018Q1	rlj	Managementand Franchise Feeexpense ManagementandFranchiseFeeexpense	35676000	USD
CY2019Q1	rlj	Managementand Franchise Feeexpense ManagementandFranchiseFeeexpense	34118000	USD
CY2019Q1	rlj	Minimum Percentage Of Adjusted Taxable Income Currently Distributed To Qualify As Reit MinimumPercentageOfAdjustedTaxableIncomeCurrentlyDistributedToQualifyAsREIT	0.9
CY2019Q1	rlj	Noi Guaranteeannuallimit NOIGuaranteeannuallimit	21500000	USD
CY2019Q1	rlj	Noi Guaranteeoverlifeofagreement NOIGuaranteeoverlifeofagreement	100000000.0	USD
CY2018Q1	rlj	Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares	17082000	USD
CY2019Q1	rlj	Net Income Loss Available To Common Stockholders Basic Excluding Amounts Attributable To Unvested Restricted Shares NetIncomeLossAvailableToCommonStockholdersBasicExcludingAmountsAttributableToUnvestedRestrictedShares	20662000	USD
CY2018Q1	rlj	Noncash Divestiture Of Other Assets NoncashDivestitureOfOtherAssets	-537000	USD
CY2019Q1	rlj	Noncash Divestiture Of Other Assets NoncashDivestitureOfOtherAssets	0	USD
CY2018Q1	rlj	Noncash Divestiture Of Real Estate NoncashDivestitureOfRealEstate	119200000	USD
CY2019Q1	rlj	Noncash Divestiture Of Real Estate NoncashDivestitureOfRealEstate	0	USD
CY2018Q1	rlj	Noncashor Part Noncash Dispositionof Property NoncashorPartNoncashDispositionofProperty	116076000	USD
CY2019Q1	rlj	Noncashor Part Noncash Dispositionof Property NoncashorPartNoncashDispositionofProperty	0	USD
CY2019Q1	rlj	Number Of Real Estate Properties Operated Under Franchise Agreements NumberOfRealEstatePropertiesOperatedUnderFranchiseAgreements	108	hotel
CY2019Q1	rlj	Number Of Real Estate Properties Operated Under Management Agreements NumberOfRealEstatePropertiesOperatedUnderManagementAgreements	150	hotel
CY2019Q1	rlj	Operating Partnerships Unit Outstanding OperatingPartnershipsUnitOutstanding	174439770	shares
CY2018Q1	rlj	Paymentsof Distributionson Operating Partnership Units PaymentsofDistributionsonOperatingPartnershipUnits	248000	USD
CY2019Q1	rlj	Paymentsof Distributionson Operating Partnership Units PaymentsofDistributionsonOperatingPartnershipUnits	224000	USD
CY2018Q1	rlj	Paymentsto Redeem Operating Partnership Units PaymentstoRedeemOperatingPartnershipUnits	0	USD
CY2019Q1	rlj	Paymentsto Redeem Operating Partnership Units PaymentstoRedeemOperatingPartnershipUnits	9000	USD
CY2019Q1	rlj	Restricted Cash Reserves Escrows As Percentage Of Revenue Required To Be Maintained Minimum RestrictedCashReservesEscrowsAsPercentageOfRevenueRequiredToBeMaintainedMinimum	0.03
CY2018Q1	rlj	Real Estate Depreciation Expense Excluding Discontinued Operations Expense RealEstateDepreciationExpenseExcludingDiscontinuedOperationsExpense	58800000	USD
CY2018Q4	rlj	Secured Debt Gross SecuredDebtGross	528622000	USD
CY2019Q1	rlj	Secured Debt Gross SecuredDebtGross	387342000	USD
CY2017Q1	rlj	Stock Repurchase Program Additional Authorized Amount StockRepurchaseProgramAdditionalAuthorizedAmount	40000000.0	USD
CY2018Q4	rlj	Unamortizeddebtissuancecostsonmortgageloans Unamortizeddebtissuancecostsonmortgageloans	433000	USD
CY2019Q1	rlj	Unamortizeddebtissuancecostsonmortgageloans Unamortizeddebtissuancecostsonmortgageloans	956000	USD
CY2018Q4	rlj	Unamortizeddebtissuancecostsontermloans Unamortizeddebtissuancecostsontermloans	5835000	USD
CY2019Q1	rlj	Unamortizeddebtissuancecostsontermloans Unamortizeddebtissuancecostsontermloans	5381000	USD
CY2018Q4	rlj	Unsecured Debt Gross UnsecuredDebtGross	1175000000	USD
CY2019Q1	rlj	Unsecured Debt Gross UnsecuredDebtGross	1315000000	USD
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	203833000	USD
CY2019Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	169398000	USD
CY2019Q1	rlj	Real Estate Depreciation Expense Excluding Discontinued Operations Expense RealEstateDepreciationExpenseExcludingDiscontinuedOperationsExpense	57700000	USD
CY2019Q1	rlj	Real Estate Interests Numberof Joint Ventures RealEstateInterestsNumberofJointVentures	2	joint_venture
CY2018Q1	rlj	Real Estate Taxes Rent And Insurance RealEstateTaxesRentAndInsurance	34499000	USD
CY2019Q1	rlj	Real Estate Taxes Rent And Insurance RealEstateTaxesRentAndInsurance	30597000	USD
CY2018Q1	rlj	Repaymentsof Senior Notes RepaymentsofSeniorNotes	539028000	USD
CY2019Q1	rlj	Repaymentsof Senior Notes RepaymentsofSeniorNotes	0	USD
CY2019Q1	rlj	Restricted Cash Reserves Escrows As Percentage Of Revenue Required To Be Maintained Maximum RestrictedCashReservesEscrowsAsPercentageOfRevenueRequiredToBeMaintainedMaximum	0.05
CY2019Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	183129000	USD
CY2018Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	52115000	USD
CY2019Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	67605000	USD
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	16200000	USD
CY2019Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-200000	USD
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	16195000	USD
CY2019Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-191000	USD
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3195381000	USD
CY2019Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3187285000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-463000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-366000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2649000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2828000	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	598000	USD
CY2019Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	353000	USD
CY2018Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-1391000	USD
CY2019Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-483000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	929000	USD
CY2019Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	792000	USD
CY2018Q1	us-gaap	Amount Of Ineffectiveness On Net Investment Hedges AmountOfIneffectivenessOnNetInvestmentHedges	0	USD
CY2019Q1	us-gaap	Amount Of Ineffectiveness On Net Investment Hedges AmountOfIneffectivenessOnNetInvestmentHedges	0	USD
CY2018Q4	us-gaap	Assets Assets	6005097000	USD
CY2019Q1	us-gaap	Assets Assets	6000530000	USD
CY2018Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1672000	USD
CY2019Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	559000	USD
CY2019Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2018Q4	us-gaap	Deferred Revenue And Credits DeferredRevenueAndCredits	25411000	USD
CY2019Q1	us-gaap	Deferred Revenue And Credits DeferredRevenueAndCredits	30133000	USD
CY2018Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5314000	USD
CY2019Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	6720000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	401943000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	320147000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	241481000	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
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	384842000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	295698000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-180753000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-89144000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	174019616	shares
CY2019Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	173667027	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	174019616	shares
CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	173667027	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	1740000	USD
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	1737000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	41751000	USD
CY2019Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	11945000	USD
CY2018Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1103000	USD
CY2019Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1281000	USD
CY2018Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	2766000	USD
CY2019Q1	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	2766000	USD
CY2018Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	47395000	USD
CY2019Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	46114000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61408000	USD
CY2019Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	58403000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61408000	USD
CY2019Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	58403000	USD
CY2018Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	0	USD
CY2019Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	-2250000	USD
CY2018Q4	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	2083250000	USD
CY2019Q1	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	1375000000	USD
CY2018Q1	us-gaap	Dividends Common Stock DividendsCommonStock	58244000	USD
CY2018Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-3734000	USD
CY2019Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	43000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-22507000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-11206000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	16822000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	15490000	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	6874000	USD
CY2019Q1	us-gaap	Dividends Common Stock DividendsCommonStock	57814000	USD
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	65557000	USD
CY2019Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	65595000	USD
CY2018Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	6279000	USD
CY2019Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	6279000	USD
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.10
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2018Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	250000	USD
CY2019Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	550000	USD
CY2019Q1	us-gaap	Equity Method Investment Ownership Percentage EquityMethodInvestmentOwnershipPercentage	0.50
CY2018Q4	us-gaap	Equity Method Investments EquityMethodInvestments	22279000	USD
CY2019Q1	us-gaap	Equity Method Investments EquityMethodInvestments	21952000	USD
CY2018Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	813797000	USD
CY2019Q1	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	825041000	USD
CY2019Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	0	USD
CY2018Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	7659000	USD
CY2019Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10913000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11160000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	25236000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	29917000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	25617000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	30298000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-381000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-381000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1342000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1586000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1623000	USD
CY2019Q1	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	4722000	USD
CY2018Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-2022000	USD
CY2019Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	7211000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-289000	USD
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-77000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	52448000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	5143000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	5676000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	28701000	USD
CY2019Q1	us-gaap	Interest Expense InterestExpense	20062000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	32257000	USD
CY2019Q1	us-gaap	Interest Paid InterestPaid	15701000	USD
CY2018Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	7913000	USD
CY2019Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	15124000	USD
CY2018Q4	us-gaap	Interest Rate Cash Flow Hedge Derivative At Fair Value Net InterestRateCashFlowHedgeDerivativeAtFairValueNet	16195000	USD
CY2019Q1	us-gaap	Interest Rate Cash Flow Hedge Derivative At Fair Value Net InterestRateCashFlowHedgeDerivativeAtFairValueNet	191000	USD
CY2019Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	-6400000	USD
CY2018Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	4694490000	USD
CY2019Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	4717087000	USD
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1230000	USD
CY2019Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1171000	USD
CY2018Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	22279000	USD
CY2019Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	21952000	USD
CY2018Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	1209416000	USD
CY2019Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	1210136000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	484770000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	2508156000	USD
CY2019Q1	us-gaap	Liabilities Liabilities	2607308000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6005097000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6000530000	USD
CY2018Q4	us-gaap	Limited Liability Company Llc Preferred Unit Issuance Value LimitedLiabilityCompanyLLCPreferredUnitIssuanceValue	44430000	USD
CY2019Q1	us-gaap	Limited Liability Company Llc Preferred Unit Issuance Value LimitedLiabilityCompanyLLCPreferredUnitIssuanceValue	0	USD
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	2202676000	USD
CY2019Q1	us-gaap	Long Term Debt LongTermDebt	2200146000	USD
CY2016Q1	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	8300000	USD
CY2018Q4	us-gaap	Minority Interest MinorityInterest	22735000	USD
CY2019Q1	us-gaap	Minority Interest MinorityInterest	24547000	USD
CY2018Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	11908000	USD
CY2019Q1	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	13861000	USD
CY2018Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	10827000	USD
CY2019Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	10686000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-309194000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-120086000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	77466000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-44102000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	50975000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	75044000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	23689000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	27253000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	17410000	USD
CY2019Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-353000	USD
CY2018Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	73000	USD
CY2019Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20974000	USD
CY2018Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-234000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	10283000	USD
CY2019Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	92000	USD
CY2016Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	41	hotel
CY2019Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	14	hotel
CY2019Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	151	property
CY2019Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	25	state
CY2019Q1	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	28800	room
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	381523000	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	350352000	USD
CY2018Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	0	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	124146000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	124735000	USD
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	3589000	USD
CY2018Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	149492000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	150803000	USD
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0706
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P63Y
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	612445000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	608916000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	10277000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	10218000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	10213000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	11840000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	11823000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	11257000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	11229000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	557647000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	556988000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	11200000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	8386000	USD
CY2019Q1	us-gaap	Operating Leases Rent Expense Contingent Rentals OperatingLeasesRentExpenseContingentRentals	900000	USD
CY2019Q1	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	2900000	USD
CY2019Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	3800000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	17857000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-14136000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1093000	USD
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	274000	USD
CY2018Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	0	USD
CY2019Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	1153000	USD
CY2018Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	38583000	USD
CY2019Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	43447000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	462000	USD
CY2019Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	366000	USD
CY2018Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	328266000	USD
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2019Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2019Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	366936000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	0	USD
CY2019Q1	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	10561000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	0	USD
CY2019Q1	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	45583000	USD
CY2018Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	366000	USD
CY2019Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	312000	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	57707000	USD
CY2019Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	57426000	USD
CY2018Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	6279000	USD
CY2019Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	6279000	USD
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3515000	USD
CY2019Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	564000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27000	USD
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	52000	USD
CY2018Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	366000	USD
CY2019Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	186000	USD
CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6279000	USD
CY2019Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6279000	USD
CY2019Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	328266000	USD
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue	366936000	USD
CY2018Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	67367000	USD
CY2019Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	58981000	USD
CY2019Q1	us-gaap	Proceeds From Issuance Of Redeemable Convertible Preferred Stock ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock	45000000	USD
CY2018Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	300000000	USD
CY2019Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	140000000	USD
CY2018Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	0	USD
CY2019Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-139500000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	116076000	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	23894000	USD
CY2019Q1	us-gaap	Profit Loss ProfitLoss	28331000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1339052000	USD
CY2019Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1396719000	USD
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6717703000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	3368675000	USD
CY2019Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6752264000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5378651000	USD
CY2019Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5355545000	USD
CY2018Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1663000	USD
CY2019Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1568000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	76380000	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	64695000	USD
CY2019Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	54217000	USD
CY2018Q1	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	0	USD
CY2019Q1	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	0	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-150476000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-187092000	USD
CY2018Q1	us-gaap	Revenues Revenues	429593000	USD
CY2019Q1	us-gaap	Revenues Revenues	399267000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2514000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2725000	USD
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	7500000	shares
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2712162	shares
CY2019Q1	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	9000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2019Q1	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	45583000	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
CY2019Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	250000000	USD
CY2019Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	249752931	USD
CY2019Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	602309	shares
CY2019Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	10600000	USD
CY2019Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	10561000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	3429776000	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
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3496941000	USD
CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3393222000	USD
CY2018Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	0	USD
CY2019Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	2250000	USD
CY2018Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2019Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	174268815	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	172856230	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	174193671	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	172796998	shares
CY2019Q1	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>
CY2019Q1	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

Name	View Source	Status
0001511337-19-000045-index-headers.html	Edgar Link	pending
0001511337-19-000045-index.html	Edgar Link	pending
0001511337-19-000045.txt	Edgar Link	pending
0001511337-19-000045-xbrl.zip	Edgar Link	pending
exhibit311-3312019.htm	Edgar Link	pending
exhibit312-3312019.htm	Edgar Link	pending
exhibit321-3312019.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
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-20190331.xml	Edgar Link	completed
rlj-20190331.xsd	Edgar Link	pending
rlj-20190331_cal.xml	Edgar Link	unprocessable
rlj-20190331_def.xml	Edgar Link	unprocessable
rlj-20190331_lab.xml	Edgar Link	unprocessable
rlj-20190331_pre.xml	Edgar Link	unprocessable
rlj-3312019x10q.htm	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$RLJ
RLJ Lodging Trust Stock $rlj

2019 Q1 Form 10-Q Financial Statement

#000151133719000045 Filed on May 09, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RLJ RLJ Lodging Trust Stock $rlj

2019 Q1 Form 10-Q Financial Statement

#000151133719000045 Filed on May 09, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RLJ
RLJ Lodging Trust Stock $rlj