2012 Q4 Form 10-Q Financial Statement

#000110465912074561 Filed on November 06, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $233.0M $205.0M $181.6M
YoY Change 8.03% 12.92% 19.07%
Cost Of Revenue $66.10M $75.10M $74.20M
YoY Change 8.54% 1.21% 22.85%
Gross Profit $120.1M $129.9M $123.3M
YoY Change 9.48% 5.35% 33.88%
Gross Profit Margin 51.55% 63.35% 67.9%
Selling, General & Admin $71.80M $79.30M $78.80M
YoY Change 5.74% 0.63% 31.11%
% of Gross Profit 59.78% 61.05% 63.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.70M $38.50M $35.20M
YoY Change 5.01% 9.38% 38.04%
% of Gross Profit 31.39% 29.64% 28.55%
Operating Expenses $99.80M $113.7M $111.3M
YoY Change 6.85% 2.16% 33.94%
Operating Profit $29.00M $16.25M -$1.874M
YoY Change 18.02% -967.02% -120.82%
Interest Expense -$17.50M $19.31M $20.02M
YoY Change -6.42% -3.54% -222.83%
% of Operating Profit -60.35% 118.86%
Other Income/Expense, Net $100.0K $18.00K $1.543M
YoY Change 0.0% -98.83% -614.33%
Pretax Income $3.000M -$3.046M -$17.40M
YoY Change -236.36% -82.49% 128.95%
Income Tax $1.100M $0.00 $0.00
% Of Pretax Income 36.67%
Net Earnings $11.11M $39.56M -$16.55M
YoY Change 46.47% -338.97% -169.84%
Net Earnings / Revenue 4.77% 19.29% -9.12%
Basic Earnings Per Share $0.23 -$0.20
Diluted Earnings Per Share $83.02K $0.23 -$0.20
COMMON SHARES
Basic Shares Outstanding 136.8M shares 135.2M shares 117.3M shares
Diluted Shares Outstanding 135.2M shares 117.3M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $157.2M $164.5M $160.0M
YoY Change 5.36% 2.81% -5.49%
Cash & Equivalents $157.2M $163.3M $159.1M
Short-Term Investments $0.00
Other Short-Term Assets $221.4M $86.40M $91.70M
YoY Change -35.84% -5.78% -21.96%
Inventory $1.377M $2.664M $2.400M
Prepaid Expenses $10.74M $9.554M
Receivables $27.50M $28.53M $25.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $407.6M $282.0M $279.5M
YoY Change -22.4% 0.9% -9.72%
LONG-TERM ASSETS
Property, Plant & Equipment $2.529M $2.560M $2.808B
YoY Change 9.1% -99.91% 37.52%
Goodwill $9.405M $13.09M
YoY Change 0.0%
Intangibles $132.5M
YoY Change 1463.11%
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $25.90M $26.44M $15.30M
YoY Change 29.25% 72.82% 62.77%
Total Long-Term Assets $2.729B $2.863B $2.930B
YoY Change 5.94% -2.29% 41.97%
TOTAL ASSETS
Total Short-Term Assets $407.6M $282.0M $279.5M
Total Long-Term Assets $2.729B $2.863B $2.930B
Total Assets $3.137B $3.145B $3.210B
YoY Change 1.14% -2.01% 35.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.60M $9.100M $6.600M
YoY Change 564.71% 37.88% -24.14%
Accrued Expenses $31.60M $22.30M $19.50M
YoY Change 52.66% 14.36% 83.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $76.70M $77.60M $324.3M
YoY Change 54.95% -76.07% 25.8%
Total Short-Term Liabilities $200.0M $179.5M $428.4M
YoY Change -32.42% -58.1% 22.72%
LONG-TERM LIABILITIES
Long-Term Debt $1.302B $1.334B $1.342B
YoY Change -4.76% -0.62% 29.06%
Other Long-Term Liabilities $15.07M $14.79M $12.30M
YoY Change 19.39% 20.24% 55.7%
Total Long-Term Liabilities $15.07M $14.79M $1.354B
YoY Change 19.39% -98.91% 29.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $200.0M $179.5M $428.4M
Total Long-Term Liabilities $15.07M $14.79M $1.354B
Total Liabilities $1.517B $1.528B $1.843B
YoY Change -9.46% -17.1% 31.96%
SHAREHOLDERS EQUITY
Retained Earnings $158.4M $147.3M
YoY Change 43.22%
Common Stock $1.352M $1.352M
YoY Change 15.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.464B $1.460B $1.366B
YoY Change
Total Liabilities & Shareholders Equity $3.137B $3.145B $3.210B
YoY Change 1.14% -2.01% 35.23%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $11.11M $39.56M -$16.55M
YoY Change 46.47% -338.97% -169.84%
Depreciation, Depletion And Amortization $37.70M $38.50M $35.20M
YoY Change 5.01% 9.38% 38.04%
Cash From Operating Activities $42.80M $48.80M $44.70M
YoY Change 18.23% 9.17% 812.24%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$90.30M $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities -$34.50M $17.40M -$16.50M
YoY Change -155.56% -205.45% 22.22%
Cash From Investing Activities -$34.50M -$72.90M -$16.50M
YoY Change -155.47% 341.82% -87.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.40M -15.20M -13.60M
YoY Change -86.72% 11.76% 72.15%
NET CHANGE
Cash From Operating Activities 42.80M 48.80M 44.70M
Cash From Investing Activities -34.50M -72.90M -16.50M
Cash From Financing Activities -14.40M -15.20M -13.60M
Net Change In Cash -6.100M -39.30M 14.60M
YoY Change -39.0% -369.18% -110.89%
FREE CASH FLOW
Cash From Operating Activities $42.80M $48.80M $44.70M
Capital Expenditures $0.00 -$90.30M $0.00
Free Cash Flow $42.80M $139.1M $44.70M
YoY Change 18.23% 211.19% -63.51%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
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dei Entity Current Reporting Status
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dei Entity Filer Category
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dei Document Fiscal Year Focus
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dei Document Fiscal Period Focus
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" size="2">Use of Estimates</font></b></p> <p style="TEXT-INDENT: 24.5pt; MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">&#160;</font></p> <p style="TEXT-INDENT: 24.5pt; MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" 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></td></tr></table>
us-gaap Fiscal Period
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" size="2">Reporting Periods</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">&#160;</font></p> <p style="TEXT-INDENT: 28.1pt; MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" 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 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 31, June 30 and September 30, and an annual year end of December 31. As a result, the Company&#8217;s 2012 results of operations for the Marriott-managed hotels include results from December 31 through March 23 for the first quarter, March 24 through June 15 for the second quarter, June 16 through September 7 for the third quarter, and September 8 through December 28 for the fourth quarter. The Company&#8217;s 2011 results of operations for the Marriott-managed hotels include results from January 1 through March 25 for the first quarter, March 26 through June 17 for the second quarter, June 18 through September 9 for the third quarter, and September 10 through December 30 for the fourth quarter.</font></p></td></tr></table>
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2560000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8027000 USD
CY2012Q3 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
20000 USD
CY2012Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2875000 USD
CY2012Q3 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
261000 USD
CY2012Q3 us-gaap Other Receivables
OtherReceivables
4620000 USD
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
26441000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2318000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8476000 USD
CY2011Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
386000 USD
CY2011Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
394000 USD
CY2011Q4 us-gaap Other Receivables
OtherReceivables
4946000 USD
CY2011Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3383000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19903000 USD
CY2012Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
19416000 USD
CY2012Q3 us-gaap Customer Deposits Current
CustomerDepositsCurrent
7635000 USD
CY2012Q3 us-gaap Interest Payable Current
InterestPayableCurrent
5052000 USD
CY2012Q3 sho Management Fees Payable
ManagementFeesPayable
2122000 USD
CY2012Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3604000 USD
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
37829000 USD
CY2012Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1796000 USD
CY2012Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1210000 USD
CY2012Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
8767000 USD
CY2012Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3016000 USD
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14789000 USD
CY2011Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
8879000 USD
CY2011Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5024000 USD
CY2011Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
5073000 USD
CY2011Q4 sho Management Fees Payable
ManagementFeesPayable
2976000 USD
CY2011Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
4027000 USD
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
25979000 USD
CY2011Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1567000 USD
CY2011Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1191000 USD
CY2011Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
6684000 USD
CY2011Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3181000 USD
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
12623000 USD
CY2005Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
4102564 shares
CY2005Q3 sho Gross Proceeds From Issuance Of Temporary Equity
GrossProceedsFromIssuanceOfTemporaryEquity
99000000 USD
CY2010Q3 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
24.375
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
sho Temporary Equity Dividend Rate Per Share Dollar Amount
TemporaryEquityDividendRatePerShareDollarAmount
0.393
CY2012Q3 sho Temporary Equity Dividend Rate Per Share Increase Per Quarter During Financial Ratio Violation
TemporaryEquityDividendRatePerShareIncreasePerQuarterDuringFinancialRatioViolation
0.005 pure
CY2005Q3 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
24.375
CY2011Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
100000000 USD
CY2012Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
100000000 USD
CY2012Q3 sho Temporary Equity Number Of Consecutive Quarters Financial Ratio Violation
TemporaryEquityNumberOfConsecutiveQuartersFinancialRatioViolation
4 quarter
CY2012Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135237438 shares
CY2012Q3 sho Number Of Board Members Who Can Be Appointed During Financial Ratio Violation
NumberOfBoardMembersWhoCanBeAppointedDuringFinancialRatioViolation
1 boardmember
CY2012Q3 sho Temporary Equity Stock Shares Issued Upon Conversion
TemporaryEquityStockSharesIssuedUponConversion
1.096 shares
CY2012Q3 sho Common Stock Dividend Rate Per Share Threshold For Participating Dividends To Temporary Equity Holders
CommonStockDividendRatePerShareThresholdForParticipatingDividendsToTemporaryEquityHolders
0.339
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
2012-09-30
dei Amendment Flag
AmendmentFlag
false
CY2012Q3 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
CY2012Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
4102564 shares
CY2011Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
4102564 shares
CY2012Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
4102564 shares
CY2011Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
4102564 shares
CY2012Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
4102564 shares
CY2011Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
4102564 shares
CY2012Q3 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
24.375
CY2011Q4 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
24.375
CY2012Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2012Q3 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
CY2012Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
135237438 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
117265090 shares
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
117265090 shares
CY2011Q3 us-gaap Occupancy Revenue
OccupancyRevenue
139824000 USD
CY2011Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
40920000 USD
CY2011Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
16743000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
380826000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
124838000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
45454000 USD
CY2011Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
197487000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
551118000 USD
CY2011Q3 us-gaap Occupancy Costs
OccupancyCosts
35325000 USD
CY2011Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
32366000 USD
CY2011Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
6506000 USD
CY2011Q3 us-gaap Advertising Expense
AdvertisingExpense
9669000 USD
CY2011Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
7775000 USD
CY2011Q3 us-gaap Utilities Costs
UtilitiesCosts
7867000 USD
CY2011Q3 sho Franchise Fees And Assessments
FranchiseFeesAndAssessments
7282000 USD
CY2011Q3 sho Property Tax Ground Lease And Insurance
PropertyTaxGroundLeaseAndInsurance
16484000 USD
CY2011Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22881000 USD
CY2011Q3 sho Corporate Overhead
CorporateOverhead
6852000 USD
CY2011Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
32490000 USD
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
196359000 USD
us-gaap Occupancy Costs
OccupancyCosts
96160000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
93165000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
18112000 USD
us-gaap Advertising Expense
AdvertisingExpense
27250000 USD
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
22094000 USD
us-gaap Utilities Costs
UtilitiesCosts
20914000 USD
sho Franchise Fees And Assessments
FranchiseFeesAndAssessments
19046000 USD
sho Property Tax Ground Lease And Insurance
PropertyTaxGroundLeaseAndInsurance
43641000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
64595000 USD
sho Corporate Overhead
CorporateOverhead
20771000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
88241000 USD
us-gaap Costs And Expenses
CostsAndExpenses
524851000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1128000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
26267000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2970000 USD
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1543000 USD
us-gaap Interest Expense
InterestExpense
55449000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
19709000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
155000 USD
us-gaap Interest Expense
InterestExpense
59309000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-191000 USD
sho Gain On Remeasurement Of Equity Interests
GainOnRemeasurementOfEquityInterests
69230000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-17350000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
43039000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.21
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.26
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.20
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.21
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.26
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117254000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117186000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117254000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117186000 shares
CY2012Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
221079000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
642839000 USD
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
201816000 USD
us-gaap Costs And Expenses
CostsAndExpenses
584182000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
19263000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
58657000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-16553000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
73711000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2012Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1395951000 USD
CY2011Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1447069000 USD
CY2012Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
270000 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
133000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-311281000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
115000000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4062000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
126533000 USD
sho Payments Of Common Stock Issuance Costs
PaymentsOfCommonStockIssuanceCosts
431000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
15000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
240000000 USD
CY2011Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1135000 USD
CY2012Q3 us-gaap Notes Payable
NotesPayable
1395681000 USD
CY2011Q4 us-gaap Notes Payable
NotesPayable
1445934000 USD
CY2012Q3 us-gaap Notes Payable Current
NotesPayableCurrent
77579000 USD
CY2012Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
1318102000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
225000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
14039000 USD
sho Gains Losses On Extinguishment Of Debt Of Continuing And Discontinued Operations
GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations
18145000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-2091000 USD
us-gaap Depreciation
Depreciation
87578000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10401000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
792000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2170000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-12171000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3098000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
125000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2470000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9962000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1081000 USD
sho Increase Decrease In Due To Third Party Managers
IncreaseDecreaseInDueToThirdPartyManagers
-991000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
1180000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
119010000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
40002000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
5453000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
63539000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
263264000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
82433000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
252189000 USD
sho Payments For Repurchases Of Notes Payable And Related Costs
PaymentsForRepurchasesOfNotesPayableAndRelatedCosts
4570000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4818000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
17584000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
772000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75575000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-116696000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
14617000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-159201000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
129266000 USD
us-gaap Interest Paid Net
InterestPaidNet
55590000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6853000 USD
sho Amortization Of Deferred Stock Compensation Construction Activities
AmortizationOfDeferredStockCompensationConstructionActivities
313000 USD
sho Amortization Of Deferred Stock Compensation Unconsolidated Joint Venture
AmortizationOfDeferredStockCompensationUnconsolidatedJointVenture
2000 USD
us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
90000000 USD
us-gaap Stock Issued1
StockIssued1
51160000 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
545952000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
164469000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159077000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
275773000 USD
CY2012Q3 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
58903000 USD
CY2012Q3 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
500000 USD
CY2012Q3 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
58403000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Next Rolling Twelve Months
CapitalLeasesFutureMinimumPaymentsNextRollingTwelveMonths
1437000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Two
CapitalLeasesFutureMinimumPaymentsDueInRollingYearTwo
1437000 USD
sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
14000 USD
sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
44000 USD
CY2012Q3 sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
4354000 USD
CY2012Q3 sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
5839000 USD
CY2011Q3 sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
5174000 USD
sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
17037000 USD
sho Basic Management Fees For Continuing Operations
BasicManagementFeesForContinuingOperations
14348000 USD
CY2012Q3 sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
347000 USD
CY2011Q3 sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
435000 USD
sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
1017000 USD
sho Basic Management Fees For Discontinued Operations
BasicManagementFeesForDiscontinuedOperations
1268000 USD
CY2012Q3 sho Basic Management Fees
BasicManagementFees
6186000 USD
CY2011Q3 sho Basic Management Fees
BasicManagementFees
5609000 USD
sho Basic Management Fees
BasicManagementFees
18054000 USD
sho Basic Management Fees
BasicManagementFees
15616000 USD
CY2012Q3 sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
8913000 USD
CY2011Q3 sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
7942000 USD
CY2012Q3 us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
3000000 USD
CY2011Q3 us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
2400000 USD
sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
24074000 USD
sho License And Franchise Costs Total
LicenseAndFranchiseCostsTotal
20676000 USD
us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
7700000 USD
us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
6500000 USD
CY2012Q3 sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
8306000 USD
CY2011Q3 sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
7282000 USD
sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
22443000 USD
sho License And Franchise Costs For Continuing Operations
LicenseAndFranchiseCostsForContinuingOperations
19046000 USD
CY2012Q3 sho License And Franchise Costs For Discontinued Operations
LicenseAndFranchiseCostsForDiscontinuedOperations
607000 USD
CY2011Q3 sho License And Franchise Costs For Discontinued Operations
LicenseAndFranchiseCostsForDiscontinuedOperations
660000 USD
sho License And Franchise Costs For Discontinued Operations
LicenseAndFranchiseCostsForDiscontinuedOperations
1631000 USD
sho License And Franchise Costs For Discontinued Operations
LicenseAndFranchiseCostsForDiscontinuedOperations
1630000 USD
sho Capital Lease Contingent Rent Criteria
CapitalLeaseContingentRentCriteria
0.040 pure
CY2012Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
58799000 USD
CY2012Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
104000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Three
CapitalLeasesFutureMinimumPaymentsDueInRollingYearThree
1421000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Four
CapitalLeasesFutureMinimumPaymentsDueInRollingYearFour
1403000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Five
CapitalLeasesFutureMinimumPaymentsDueInRollingYearFive
1402000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling After Year Five
CapitalLeasesFutureMinimumPaymentsDueInRollingAfterYearFive
112570000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
119670000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
104005000 USD
CY2012Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
15665000 USD
CY2012Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
35000 USD
CY2012Q3 sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
4354000 USD
CY2011Q3 sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
4177000 USD
sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
12814000 USD
sho Ground Lease Rent Expense For Continuing Operations
GroundLeaseRentExpenseForContinuingOperations
10719000 USD
CY2011Q3 sho Ground Lease Rent Expense For Discontinued Operations
GroundLeaseRentExpenseForDiscontinuedOperations
9000 USD
CY2011Q3 sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
4186000 USD
sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
12828000 USD
sho Ground Lease Rent Expense Total
GroundLeaseRentExpenseTotal
10763000 USD
CY2012Q3 sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
100000 USD
CY2011Q3 sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
100000 USD
sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
300000 USD
sho Corporate Facility Lease Rent Expense
CorporateFacilityLeaseRentExpense
200000 USD
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
136777430 shares
sho Dividends Preferred Stock Series A Cash
DividendsPreferredStockSeriesACash
10575000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4810000 USD
sho Dividends Preferred Stock Series D Cash
DividendsPreferredStockSeriesDCash
6900000 USD
sho Dividends Preferred Stock Series C Cash
DividendsPreferredStockSeriesCCash
4836000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
22000 USD
sho Temporary Equity Dividends Cash Per Share Paid And Payable
TemporaryEquityDividendsCashPerSharePaidAndPayable
1.179
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
177262000 USD
CY2012Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
7437000 USD
CY2011Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
7437000 USD
CY2011Q4 sho Notes Payable Of Assets Held For Sale
NotesPayableOfAssetsHeldForSale
124543000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4740000 USD
CY2012Q3 us-gaap Minority Interest
MinorityInterest
56921000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3144942000 USD
CY2012Q3 us-gaap Occupancy Revenue
OccupancyRevenue
156725000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
443022000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
148574000 USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
us-gaap Asset Impairment Charges
AssetImpairmentCharges
10862000 USD
CY2012Q3 sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
929000 USD
CY2011Q3 sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
823000 USD
sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
2828000 USD
sho Amortization And Write Off Of Debt Issuance Costs
AmortizationAndWriteOffOfDebtIssuanceCosts
2215000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 item
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-595000 USD
CY2012Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-100000 USD
CY2011Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-1100000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
147329000 USD
CY2012Q3 sho Cumulative Cash And Stocks Dividends
CumulativeCashAndStocksDividends
467707000 USD
CY2012Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
46191000 USD
CY2012Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
18163000 USD
CY2012Q3 sho Incentive Management Fees For Continuing Operations
IncentiveManagementFeesForContinuingOperations
425000 USD
CY2011Q3 sho Incentive Management Fees For Continuing Operations
IncentiveManagementFeesForContinuingOperations
752000 USD
sho Incentive Management Fees For Continuing Operations
IncentiveManagementFeesForContinuingOperations
1985000 USD
sho Incentive Management Fees For Continuing Operations
IncentiveManagementFeesForContinuingOperations
2143000 USD
CY2012Q3 sho Incentive Management Fees For Discontinued Operations
IncentiveManagementFeesForDiscontinuedOperations
202000 USD
CY2011Q3 sho Incentive Management Fees For Discontinued Operations
IncentiveManagementFeesForDiscontinuedOperations
160000 USD
sho Incentive Management Fees For Discontinued Operations
IncentiveManagementFeesForDiscontinuedOperations
560000 USD
sho Incentive Management Fees For Discontinued Operations
IncentiveManagementFeesForDiscontinuedOperations
399000 USD
CY2012Q3 sho Incentive Management Fees
IncentiveManagementFees
627000 USD
CY2011Q3 sho Incentive Management Fees
IncentiveManagementFees
912000 USD
sho Incentive Management Fees
IncentiveManagementFees
2545000 USD
sho Incentive Management Fees
IncentiveManagementFees
2542000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-176000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
38270000 USD
CY2011Q4 sho Cumulative Cash And Stocks Dividends
CumulativeCashAndStocksDividends
445396000 USD
sho Impairment Of Other Real Estate Of Discontinued Operations Net
ImpairmentOfOtherRealEstateOfDiscontinuedOperationsNet
1495000 USD
CY2011Q4 us-gaap Assets Held For Sale At Carrying Value
AssetsHeldForSaleAtCarryingValue
144479000 USD
CY2012Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
3000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2879000 USD
CY2012Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
76790000 USD
CY2012Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
28534000 USD
CY2012Q3 us-gaap Inventory Net
InventoryNet
2664000 USD
CY2012Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9554000 USD
CY2012Q3 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
12865000 USD
CY2012Q3 us-gaap Assets
Assets
3144942000 USD
CY2012Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
25267000 USD
CY2012Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22326000 USD
CY2012Q3 sho Due To Third Party Managers
DueToThirdPartyManagers
9050000 USD
CY2012Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
7437000 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
1352000 USD
CY2012Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1492528000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
51243000 USD
CY2012Q3 us-gaap Occupancy Costs
OccupancyCosts
39911000 USD
CY2012Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
34616000 USD
CY2012Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
6986000 USD
CY2012Q3 us-gaap Advertising Expense
AdvertisingExpense
10740000 USD
CY2012Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
8299000 USD
CY2012Q3 us-gaap Utilities Costs
UtilitiesCosts
7686000 USD
CY2012Q3 sho Franchise Fees And Assessments
FranchiseFeesAndAssessments
8306000 USD
CY2012Q3 sho Property Tax Ground Lease And Insurance
PropertyTaxGroundLeaseAndInsurance
18102000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24493000 USD
CY2012Q3 sho Corporate Overhead
CorporateOverhead
6148000 USD
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
36529000 USD
us-gaap Occupancy Costs
OccupancyCosts
112566000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
104426000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
20074000 USD
us-gaap Advertising Expense
AdvertisingExpense
31760000 USD
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
24561000 USD
us-gaap Utilities Costs
UtilitiesCosts
21039000 USD
sho Franchise Fees And Assessments
FranchiseFeesAndAssessments
22443000 USD
sho Property Tax Ground Lease And Insurance
PropertyTaxGroundLeaseAndInsurance
52237000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
73202000 USD
sho Corporate Overhead
CorporateOverhead
18975000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
102899000 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
20021000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-428000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-688000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
39615000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
38619000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.07
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.30
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.31
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.07
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.20
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.31
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.30
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
135236000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
124271000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135236000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124271000 shares
sho Gains Losses On Extinguishment Of Debt Of Continuing And Discontinued Operations
GainsLossesOnExtinguishmentOfDebtOfContinuingAndDiscontinuedOperations
-191000 USD
us-gaap Depreciation
Depreciation
95905000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14835000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
791000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2654000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5176000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
107000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6778000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10765000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1275000 USD
sho Increase Decrease In Due To Third Party Managers
IncreaseDecreaseInDueToThirdPartyManagers
-1000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
681000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
46363000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
8922000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
120003000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
76639000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1320000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
22311000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
4810000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
44552000 USD
us-gaap Interest Paid Net
InterestPaidNet
60139000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6347000 USD
sho Amortization Of Deferred Stock Compensation Construction Activities
AmortizationOfDeferredStockCompensationConstructionActivities
225000 USD
us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
-122622000 USD
CY2012Q3 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1300000 USD
CY2012Q3 sho Disposal Group Including Discontinued Operation Write Off Of Deferred Debt Issuance Cost
DisposalGroupIncludingDiscontinuedOperationWriteOffOfDeferredDebtIssuanceCost
185000 USD
sho Disposal Group Including Discontinued Operation Write Off Of Deferred Debt Issuance Cost
DisposalGroupIncludingDiscontinuedOperationWriteOffOfDeferredDebtIssuanceCost
185000 USD
CY2012Q3 sho Disposal Group Including Discontinued Operation Amortization And Write Off Of Debt Issuance Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationAndWriteOffOfDebtIssuanceCosts
198000 USD
CY2011Q3 sho Disposal Group Including Discontinued Operation Amortization And Write Off Of Debt Issuance Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationAndWriteOffOfDebtIssuanceCosts
20000 USD
sho Disposal Group Including Discontinued Operation Amortization And Write Off Of Debt Issuance Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationAndWriteOffOfDebtIssuanceCosts
231000 USD
sho Disposal Group Including Discontinued Operation Amortization And Write Off Of Debt Issuance Costs
DisposalGroupIncludingDiscontinuedOperationAmortizationAndWriteOffOfDebtIssuanceCosts
59000 USD
sho Number Of Lodging Properties Sold
NumberOfLodgingPropertiesSold
4 Hotel

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