$SHO
Sunstone Hotel Investors, Inc.

2012 Q2 Form 10-Q Financial Statement

#000110465912055071 Filed on August 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $212.8M $190.3M
YoY Change 11.87% 20.87%
Cost Of Revenue $73.30M $70.20M
YoY Change 4.42% 16.81%
Gross Profit $139.6M $128.1M
YoY Change 8.98% 31.79%
Gross Profit Margin 65.59% 67.33%
Selling, General & Admin $79.60M $71.20M
YoY Change 11.8% 19.87%
% of Gross Profit 57.02% 55.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.40M $34.00M
YoY Change 7.06% 36.55%
% of Gross Profit 26.07% 26.54%
Operating Expenses $110.9M $101.0M
YoY Change 9.8% 22.42%
Operating Profit $28.61M $23.74M
YoY Change 20.54% 61.49%
Interest Expense $19.43M -$18.30M
YoY Change -206.17% 9.58%
% of Operating Profit 67.9% -77.09%
Other Income/Expense, Net $74.00K $1.300M
YoY Change -94.31% 1200.0%
Pretax Income $9.259M $10.00M
YoY Change -7.41% -370.27%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $11.86M $38.93M
YoY Change -69.55% 12876.33%
Net Earnings / Revenue 5.57% 20.46%
Basic Earnings Per Share $0.03 $0.27
Diluted Earnings Per Share $0.03 $0.27
COMMON SHARES
Basic Shares Outstanding 117.2M shares
Diluted Shares Outstanding 117.2M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $204.5M $144.8M
YoY Change 41.23% -52.34%
Cash & Equivalents $202.5M $144.7M
Short-Term Investments $100.0K
Other Short-Term Assets $124.7M $84.90M
YoY Change 46.88% -19.14%
Inventory $2.700M $2.300M
Prepaid Expenses
Receivables $36.30M $36.80M
Other Receivables $0.00 $0.00
Total Short-Term Assets $368.1M $268.8M
YoY Change 36.96% -38.57%
LONG-TERM ASSETS
Property, Plant & Equipment $2.327M $2.827B
YoY Change -99.92% 46.24%
Goodwill $13.09M
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $20.08M $16.20M
YoY Change 23.97% 118.92%
Total Long-Term Assets $2.868B $2.963B
YoY Change -3.19% 51.88%
TOTAL ASSETS
Total Short-Term Assets $368.1M $268.8M
Total Long-Term Assets $2.868B $2.963B
Total Assets $3.236B $3.232B
YoY Change 0.15% 35.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.300M $5.900M
YoY Change 57.63% -39.8%
Accrued Expenses $18.70M $17.00M
YoY Change 10.0% 78.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $78.90M $292.2M
YoY Change -73.0% 13.96%
Total Short-Term Liabilities $224.6M $390.8M
YoY Change -42.52% 2.92%
LONG-TERM LIABILITIES
Long-Term Debt $1.413B $1.379B
YoY Change 2.41% 32.18%
Other Long-Term Liabilities $13.81M $10.80M
YoY Change 27.87% 40.26%
Total Long-Term Liabilities $13.81M $1.390B
YoY Change -99.01% 32.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $224.6M $390.8M
Total Long-Term Liabilities $13.81M $1.390B
Total Liabilities $1.651B $1.842B
YoY Change -10.38% 28.74%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.352M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.528B $1.389B
YoY Change
Total Liabilities & Shareholders Equity $3.236B $3.232B
YoY Change 0.15% 35.3%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $11.86M $38.93M
YoY Change -69.55% 12876.33%
Depreciation, Depletion And Amortization $36.40M $34.00M
YoY Change 7.06% 36.55%
Cash From Operating Activities $61.90M $51.20M
YoY Change 20.9% -10340.0%
INVESTING ACTIVITIES
Capital Expenditures -$27.20M -$161.1M
YoY Change -83.12% -4127.5%
Acquisitions
YoY Change
Other Investing Activities -$35.40M $3.500M
YoY Change -1111.43% -121.88%
Cash From Investing Activities -$62.60M -$157.7M
YoY Change -60.3% 1214.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 78.40M 98.10M
YoY Change -20.08% -183.99%
NET CHANGE
Cash From Operating Activities 61.90M 51.20M
Cash From Investing Activities -62.60M -157.7M
Cash From Financing Activities 78.40M 98.10M
Net Change In Cash 77.70M -8.400M
YoY Change -1025.0% -93.5%
FREE CASH FLOW
Cash From Operating Activities $61.90M $51.20M
Capital Expenditures -$27.20M -$161.1M
Free Cash Flow $89.10M $212.3M
YoY Change -58.03% -4817.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
Sunstone Hotel Investors, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001295810
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
136777892 shares
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
150533000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
66230000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2738868000 USD
CY2011Q4 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
11859000 USD
CY2011Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
14594000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
13088000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19963000 USD
CY2011Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10189000 USD
CY2011Q4 us-gaap Assets Current
AssetsCurrent
302868000 USD
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
32127000 USD
CY2011Q4 us-gaap Inventory Net
InventoryNet
2608000 USD
CY2011Q4 us-gaap Assets
Assets
3101240000 USD
CY2011Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
26800000 USD
CY2011Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20863000 USD
CY2011Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
7437000 USD
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
28177000 USD
CY2011Q4 us-gaap Notes Payable Current
NotesPayableCurrent
53325000 USD
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
193631000 USD
CY2011Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
1469692000 USD
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
12623000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
1675946000 USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
100000000 USD
CY2012Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
100000000 USD
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
1173000 USD
CY2011Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1312566000 USD
CY2011Q2 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
291000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
110580000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4916000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
1265257000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
60037000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1325294000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3101240000 USD
CY2012Q2 us-gaap Assets Current
AssetsCurrent
368145000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
224629000 USD
CY2012Q2 us-gaap Liabilities
Liabilities
1651055000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1485349000 USD
sho Amortization And Write Off Of Debt Issuance Costs Including Discontinued Operations
AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations
1431000 USD
CY2011Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
244000 USD
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31077000 USD
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117227000 shares
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.14
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.14
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117151000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117151000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
87000 USD
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
1352000 USD
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4799000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
13088000 USD
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2012Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
4102564 shares
CY2012Q2 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
4102564 shares
CY2012Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
4102564 shares
CY2011Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
4102564 shares
CY2011Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
4102564 shares
CY2011Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
4102564 shares
CY2012Q2 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
24.375
CY2011Q4 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
24.375
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135229303 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
117265090 shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
135229303 shares
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
117265090 shares
CY2011Q2 us-gaap Profit Loss
ProfitLoss
38929000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
14074000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-1004000 USD
us-gaap Depreciation
Depreciation
56988000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5780000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
522000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1473000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-16511000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8376000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5064000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4502000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1426000 USD
sho Increase Decrease In Due To Third Party Managers
IncreaseDecreaseInDueToThirdPartyManagers
-1618000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
2058000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
74273000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
39929000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
6628000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
263264000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
64700000 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
133000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-294796000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
115000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
240000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
246603000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4830000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
10274000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
14000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
89217000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-131306000 USD
sho Payments For Repurchases Of Notes Payable And Related Costs
PaymentsForRepurchasesOfNotesPayableAndRelatedCosts
4570000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3327000 USD
us-gaap Interest Paid Net
InterestPaidNet
35155000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9491000 USD
sho Amortization Of Deferred Stock Compensation Construction Activities
AmortizationOfDeferredStockCompensationConstructionActivities
128000 USD
sho Amortization Of Deferred Stock Compensation Unconsolidated Joint Venture
AmortizationOfDeferredStockCompensationUnconsolidatedJointVenture
2000 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
545952000 USD
CY2011Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
7310000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144728000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
276034000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
1495000 USD
sho Dividends Preferred Stock Series C Cash
DividendsPreferredStockSeriesCCash
3224000 USD
sho Dividends Preferred Stock Series D Cash
DividendsPreferredStockSeriesDCash
4600000 USD
CY2011Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1350710000 USD
sho Temporary Equity Dividends Cash Per Share Paid And Payable
TemporaryEquityDividendsCashPerSharePaidAndPayable
0.786
CY2012Q2 sho Number Of Lodging Properties Held For Investment
NumberOfLodgingPropertiesHeldForInvestment
32 Hotel
us-gaap Use Of Estimates
UseOfEstimates
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Use of Estimates</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 24.5pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 24.5pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p></td></tr></table>
us-gaap Fiscal Period
FiscalPeriod
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Reporting Periods</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 28.1pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The results the Company reports in its consolidated statements of operations and comprehensive income (loss) are based on results reported to the Company by its hotel managers.&#160; These hotel managers use different reporting periods.&#160; Marriott uses a fiscal year ending on the Friday closest to December&#160;31 and reports twelve weeks of operations each for the first three quarters of the year, and sixteen or seventeen weeks of operations for the fourth quarter of the year. The Company&#8217;s other hotel managers report operations on a standard monthly calendar.&#160; The Company has elected to adopt quarterly close periods of March&#160;31, June&#160;30 and September&#160;30, and an annual year end of December&#160;31. As a result, the Company&#8217;s 2012 results of operations for the Marriott-managed hotels include results from December&#160;31 through March&#160;23 for the first quarter, March&#160;24 through June&#160;15 for the second quarter, June&#160;16 through September&#160;7 for the third quarter, and September&#160;8 through December&#160;28 for the fourth quarter. The Company&#8217;s 2011 results of operations for the Marriott-managed hotels include results from January&#160;1 through March&#160;25 for the first quarter, March&#160;26 through June&#160;17 for the second quarter, June&#160;18 through September&#160;9 for the third quarter, and September&#160;10 through December&#160;30 for the fourth quarter.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 28.1pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p></td></tr></table>
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
200000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
200000 USD
CY2011Q4 sho Percentage Of Debt Bearing Fixed Interest Rates
PercentageOfDebtBearingFixedInterestRates
0.726 pure
CY2012Q2 sho Percentage Of Debt Bearing Fixed Interest Rates
PercentageOfDebtBearingFixedInterestRates
0.718 pure
CY2011Q2 sho Disposal Group Including Discontinued Operation Amortization Of Financing Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationOfFinancingCosts
6000 USD
sho Disposal Group Including Discontinued Operation Amortization Of Financing Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationOfFinancingCosts
13000 USD
CY2012Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
959000 USD
CY2011Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
809000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1922000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1418000 USD
CY2012Q2 sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
962000 USD
CY2011Q2 sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
809000 USD
sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
1925000 USD
sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
1418000 USD
CY2012Q2 sho Disposal Group Including Discontinued Operation Amortization Of Financing Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationOfFinancingCosts
3000 USD
sho Disposal Group Including Discontinued Operation Amortization Of Financing Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationOfFinancingCosts
7000 USD
CY2012Q2 sho Amortization And Write Off Of Debt Issuance Costs Including Discontinued Operations
AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations
965000 USD
CY2011Q2 sho Amortization And Write Off Of Debt Issuance Costs Including Discontinued Operations
AmortizationAndWriteOffOfDebtIssuanceCostsIncludingDiscontinuedOperations
815000 USD
sho Calculation Of Earnings Per Share Assumptions Percentage Of Net Income For Distribution
CalculationOfEarningsPerShareAssumptionsPercentageOfNetIncomeForDistribution
1.00 pure
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 item
CY2011Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3383835000 USD
CY2011Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
644967000 USD
CY2012Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3525428000 USD
CY2012Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
715019000 USD
CY2012Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2810409000 USD
CY2012Q2 us-gaap Notes Payable
NotesPayable
1475892000 USD
CY2011Q4 us-gaap Notes Payable
NotesPayable
1523017000 USD
CY2012Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
242314000 USD
CY2011Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
226160000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
447161000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
419545000 USD
CY2012Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
12296000 USD
CY2011Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
10255000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-2421000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
61582000 USD
CY2012Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.04
CY2011Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.02
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.15
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.41
us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
90000000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
4135000 USD
CY2011Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3439000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
20083000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
3000000 USD
CY2012Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-400000 USD
CY2011Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-1000000 USD
CY2011Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
7757000 USD
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
8323000 USD
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
21863000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
3074000 USD
CY2011Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
6735000 USD
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
6015000 USD
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
16978000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
683000 USD
CY2011Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
851000 USD
us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
1368000 USD
us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
1697000 USD
CY2012Q2 sho Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
495000 USD
CY2011Q2 sho Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
630000 USD
sho Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
965000 USD
sho Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
2677000 USD
CY2011Q2 sho Gains Losses On Extinguishment Of Debt Discontinued
GainsLossesOnExtinguishmentOfDebtDiscontinued
18145000 USD
CY2011Q2 us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
14018000 USD
us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
177000 USD
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
30209000 USD
us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
14018000 USD
CY2011Q4 sho Real Estate Investments Other At Cost
RealEstateInvestmentsOtherAtCost
18215000 USD
CY2011Q4 sho Real Estate Investments Other Accumulated Depreciation
RealEstateInvestmentsOtherAccumulatedDepreciation
6544000 USD
CY2011Q4 sho Real Estate Investments Other Net
RealEstateInvestmentsOtherNet
11671000 USD
CY2011Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
188000 USD
CY2012Q2 sho Real Estate Investments Other At Cost
RealEstateInvestmentsOtherAtCost
18890000 USD
CY2012Q2 sho Real Estate Investments Other Accumulated Depreciation
RealEstateInvestmentsOtherAccumulatedDepreciation
7021000 USD
CY2012Q2 sho Real Estate Investments Other Net
RealEstateInvestmentsOtherNet
11869000 USD
CY2012Q2 us-gaap Land Available For Development
LandAvailableForDevelopment
188000 USD
CY2012Q2 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
12057000 USD
CY2012Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
15849000 USD
CY2011Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
8985000 USD
CY2012Q2 us-gaap Interest Payable Current
InterestPayableCurrent
5002000 USD
CY2011Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5379000 USD
CY2012Q2 us-gaap Customer Deposits Current
CustomerDepositsCurrent
9012000 USD
CY2011Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
5132000 USD
CY2012Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3689000 USD
CY2011Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
4027000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
37474000 USD
CY2012Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1753000 USD
CY2011Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1567000 USD
CY2012Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1067000 USD
CY2011Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1191000 USD
CY2012Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
8077000 USD
CY2011Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
6684000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2327000 USD
CY2012Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
2913000 USD
CY2011Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3181000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13810000 USD
CY2012Q2 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
3000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2318000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8177000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8476000 USD
CY2012Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
72000 USD
CY2011Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
386000 USD
CY2012Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
305000 USD
CY2011Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
394000 USD
CY2012Q2 us-gaap Other Receivables
OtherReceivables
2898000 USD
CY2011Q4 us-gaap Other Receivables
OtherReceivables
4950000 USD
CY2012Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3304000 USD
CY2012Q2 sho Temporary Equity Stock Shares Issued Upon Conversion
TemporaryEquityStockSharesIssuedUponConversion
1.096 shares
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-499000 USD
CY2011Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1524152000 USD
CY2012Q2 us-gaap Notes Payable Current
NotesPayableCurrent
78912000 USD
CY2012Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
1396980000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
3000 USD
CY2005Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
4102564 shares
CY2005Q3 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
24.375
CY2005Q3 sho Gross Proceeds From Issuance Of Temporary Equity
GrossProceedsFromIssuanceOfTemporaryEquity
99000000 USD
CY2005Q3 sho Temporary Equity Issue Price Per Share
TemporaryEquityIssuePricePerShare
24.13
CY2005Q3 sho Temporary Equity Discount On Conversion Price Percentage
TemporaryEquityDiscountOnConversionPricePercentage
0.01 pure
CY2005Q3 sho Temporary Equity Stock Issuance Costs
TemporaryEquityStockIssuanceCosts
130000 USD
CY2005Q3 sho Number Of Hotels Acquired With Proceeds From Issuance Of Temporary Equity
NumberOfHotelsAcquiredWithProceedsFromIssuanceOfTemporaryEquity
6 Hotel
CY2009Q1 sho Temporary Equity Conversion Price Per Share
TemporaryEquityConversionPricePerShare
22.23
CY2010Q3 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
24.375
sho Temporary Equity Dividend Rate Per Share Dollar Amount
TemporaryEquityDividendRatePerShareDollarAmount
0.393
CY2012Q2 sho Common Stock Dividend Rate Per Share Threshold For Participating Dividends To Temporary Equity Holders
CommonStockDividendRatePerShareThresholdForParticipatingDividendsToTemporaryEquityHolders
0.339
CY2012Q2 sho Temporary Equity Dividend Rate Per Share Increase Per Quarter During Financial Ratio Violation
TemporaryEquityDividendRatePerShareIncreasePerQuarterDuringFinancialRatioViolation
0.005 pure
CY2012Q2 sho Temporary Equity Number Of Consecutive Quarters Financial Ratio Violation
TemporaryEquityNumberOfConsecutiveQuartersFinancialRatioViolation
4 quarter
CY2012Q2 sho Number Of Board Members Who Can Be Appointed During Financial Ratio Violation
NumberOfBoardMembersWhoCanBeAppointedDuringFinancialRatioViolation
1 boardmember
CY2012Q2 sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
6283000 USD
CY2012Q2 sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
124000 USD
CY2012Q2 sho Basic Management Fees
BasicManagementFees
6407000 USD
CY2011Q2 sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
5667000 USD
CY2011Q2 sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
187000 USD
CY2011Q2 sho Basic Management Fees
BasicManagementFees
5854000 USD
sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
11619000 USD
sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
249000 USD
sho Basic Management Fees
BasicManagementFees
11868000 USD
sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
9568000 USD
sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
439000 USD
sho Basic Management Fees
BasicManagementFees
10007000 USD
CY2012Q2 sho Incentive Management Fees
IncentiveManagementFees
1100000 USD
CY2011Q2 sho Incentive Management Fees
IncentiveManagementFees
900000 USD
sho Incentive Management Fees
IncentiveManagementFees
1900000 USD
sho Incentive Management Fees
IncentiveManagementFees
1600000 USD
CY2012Q2 us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
2600000 USD
CY2012Q2 sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
8320000 USD
CY2011Q2 us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
2300000 USD
CY2011Q2 sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
7396000 USD
us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
4700000 USD
sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
14967000 USD
us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
4100000 USD
sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
12558000 USD
CY2012Q2 sho License And Franchise Costs For Discontinued Operations
LicenseAndFranchiseCostsForDiscontinuedOperations
109000 USD
sho License And Franchise Costs For Discontinued Operations
LicenseAndFranchiseCostsForDiscontinuedOperations
194000 USD
CY2012Q2 sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
8429000 USD
CY2011Q2 sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
7484000 USD
sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
15161000 USD
sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
12734000 USD
CY2012Q2 sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
4296000 USD
CY2012Q2 sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
7000 USD
CY2012Q2 sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
4303000 USD
us-gaap Advertising Expense
AdvertisingExpense
22043000 USD
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
17090000 USD
us-gaap Utilities Costs
UtilitiesCosts
13998000 USD
sho Franchise Fees And Assessments
FranchiseFeesAndAssessments
14967000 USD
sho Property Tax Ground Lease And Insurance
PropertyTaxGroundLeaseAndInsurance
34851000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
51256000 USD
CY2012Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
26565000 USD
CY2012Q2 sho Corporate Overhead
CorporateOverhead
7686000 USD
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
34793000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
205069000 USD
us-gaap Occupancy Costs
OccupancyCosts
75806000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
72908000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
13412000 USD
sho Corporate Overhead
CorporateOverhead
12983000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
69079000 USD
us-gaap Costs And Expenses
CostsAndExpenses
398393000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
32771000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
40480000 USD
CY2012Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
74000 USD
CY2012Q2 sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
100000 USD
CY2011Q2 sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
3994000 USD
CY2011Q2 sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
19000 USD
CY2011Q2 sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
4013000 USD
CY2011Q2 sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
100000 USD
sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
8460000 USD
sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
14000 USD
sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
8474000 USD
sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
200000 USD
sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
6542000 USD
sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
35000 USD
sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
6577000 USD
CY2012Q2 sho Number Of Lodging Properties
NumberOfLodgingProperties
33 Hotel
CY2011Q2 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4500000 USD
CY2012Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
3000 USD
sho Gains Losses On Extinguishment Of Debt Discontinued
GainsLossesOnExtinguishmentOfDebtDiscontinued
18145000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q2 us-gaap Occupancy Costs
OccupancyCosts
38958000 USD
CY2012Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
37169000 USD
CY2012Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
6618000 USD
CY2012Q2 us-gaap Advertising Expense
AdvertisingExpense
11135000 USD
CY2012Q2 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
8642000 USD
CY2012Q2 us-gaap Utilities Costs
UtilitiesCosts
6845000 USD
CY2012Q2 sho Franchise Fees And Assessments
FranchiseFeesAndAssessments
8320000 USD
CY2012Q2 sho Property Tax Ground Lease And Insurance
PropertyTaxGroundLeaseAndInsurance
18338000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
20873000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
11972000 USD
CY2011Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
38929000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.03
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.03
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117227000 shares
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
2364000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3405000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
44000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2945000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
11000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
5177000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29694000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
48483000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-86343000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
126533000 USD
sho Payments Of Common Stock Issuance Costs
PaymentsOfCommonStockIssuanceCosts
431000 USD
CY2011Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-1495000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
67735000 USD
CY2011Q2 sho Number Of Lodging Properties Deeded Back To Lenders Or Sold By Receivers
NumberOfLodgingPropertiesDeededBackToLendersOrSoldByReceivers
5 item
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4062000 USD
CY2012Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
47159000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
224000 USD
CY2012Q2 sho Investment In Other Real Estate Of Discontinued Operations Net
InvestmentInOtherRealEstateOfDiscontinuedOperationsNet
39122000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
2861000 USD
CY2011Q4 sho Cummulative Cash And Stocks Dividends
CummulativeCashAndStocksDividends
445396000 USD
sho Gains Losses On Extinguishment Of Debt Of Continuing And Discontinued Operations
GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations
18145000 USD

Files In Submission

Name View Source Status
0001104659-12-055071-index-headers.html Edgar Link pending
0001104659-12-055071-index.html Edgar Link pending
0001104659-12-055071.txt Edgar Link pending
0001104659-12-055071-xbrl.zip Edgar Link pending
a12-13067_110q.htm Edgar Link pending
a12-13067_1ex10d1.htm Edgar Link pending
a12-13067_1ex31d1.htm Edgar Link pending
a12-13067_1ex31d2.htm Edgar Link pending
a12-13067_1ex32d1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls 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
R56.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
sho-20120630.xml Edgar Link completed
sho-20120630.xsd Edgar Link pending
sho-20120630_cal.xml Edgar Link unprocessable
sho-20120630_def.xml Edgar Link unprocessable
sho-20120630_lab.xml Edgar Link unprocessable
sho-20120630_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending