$SHO
Sunstone Hotel Investors, Inc.

2022 Q3 Form 10-Q Financial Statement

#000155837022011810 Filed on August 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $244.3M $251.3M $172.3M
YoY Change 45.93% 114.38% 240.32%
Cost Of Revenue $92.41M $89.89M $68.22M
YoY Change 43.97% 113.51% 251.63%
Gross Profit $151.9M $161.4M $104.1M
YoY Change 47.15% 114.87% 233.65%
Gross Profit Margin 62.17% 64.23% 60.41%
Selling, General & Admin $11.76M $12.69M $13.43M
YoY Change -37.01% 12.08% 66.96%
% of Gross Profit 7.74% 7.86% 12.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.73M $30.88M $31.29M
YoY Change -2.62% -5.58% 1.72%
% of Gross Profit 20.89% 19.13% 30.06%
Operating Expenses $214.3M $207.8M $179.1M
YoY Change 18.03% 51.48% 82.61%
Operating Profit -$62.45M -$46.37M -$74.99M
YoY Change -20.32% -25.26% 12.14%
Interest Expense $9.269M $5.938M $5.081M
YoY Change 16.11% -26.37% -33.57%
% of Operating Profit
Other Income/Expense, Net $270.0K $116.0K $4.380M
YoY Change 13400.0% 452.38% -1255.67%
Pretax Income $20.20M $37.72M $15.26M
YoY Change -191.4% -235.22% -127.62%
Income Tax -$290.0K $28.00K $136.0K
% Of Pretax Income -1.44% 0.07% 0.89%
Net Earnings $20.49M $37.69M $15.12M
YoY Change -192.61% -235.01% -127.35%
Net Earnings / Revenue 8.39% 15.0% 8.78%
Basic Earnings Per Share $0.08 $0.15 $0.05
Diluted Earnings Per Share $0.08 $0.15 $64.39K
COMMON SHARES
Basic Shares Outstanding 212.3M 213.2M 219.3M
Diluted Shares Outstanding 211.3M 213.2M 217.3M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $117.6M $107.3M $214.9M
YoY Change -34.49% -34.11% -32.91%
Cash & Equivalents $117.6M $107.3M $214.9M
Short-Term Investments
Other Short-Term Assets $64.63M $59.75M $57.62M
YoY Change -13.13% 8.82% 2.16%
Inventory
Prepaid Expenses
Receivables $45.75M $42.15M $35.35M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $228.0M $209.2M $307.9M
YoY Change -19.23% -13.84% -21.03%
LONG-TERM ASSETS
Property, Plant & Equipment $5.113M $5.392M $5.655M
YoY Change -15.09% -13.81% -13.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.945M $9.308M $9.609M
YoY Change -20.25% -17.87% -19.71%
Total Long-Term Assets $2.882B $2.877B $2.645B
YoY Change 4.73% 3.78% 4.68%
TOTAL ASSETS
Total Short-Term Assets $228.0M $209.2M $307.9M
Total Long-Term Assets $2.882B $2.877B $2.645B
Total Assets $3.110B $3.087B $2.953B
YoY Change 2.5% 2.36% 1.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $54.83M $57.86M $50.39M
YoY Change 26.59% 62.06% 72.55%
Accrued Expenses $31.92M $30.29M $23.66M
YoY Change 16.31% 1.62% 5.15%
Deferred Revenue $44.67M $41.32M $49.43M
YoY Change 42.14% 57.9% 238.96%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.088M $1.646M $109.7M
YoY Change -97.61% -29.39% 4681.74%
Total Short-Term Liabilities $167.9M $151.9M $249.9M
YoY Change -23.66% 33.56% 196.63%
LONG-TERM LIABILITIES
Long-Term Debt $810.9M $802.4M $464.6M
YoY Change 23.67% 8.23% -37.38%
Other Long-Term Liabilities $9.575M $9.118M $9.143M
YoY Change -33.94% -33.01% -37.71%
Total Long-Term Liabilities $820.5M $811.5M $473.7M
YoY Change 22.42% 7.49% -37.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $167.9M $151.9M $249.9M
Total Long-Term Liabilities $820.5M $811.5M $473.7M
Total Liabilities $1.007B $983.2M $744.9M
YoY Change 8.0% 7.8% -15.84%
SHAREHOLDERS EQUITY
Retained Earnings $1.018B $997.4M $962.1M
YoY Change 25.65% 19.72% 11.81%
Common Stock $2.116M $2.125M $2.157M
YoY Change -3.51% -2.97% -0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.104B $2.103B $2.166B
YoY Change
Total Liabilities & Shareholders Equity $3.110B $3.087B $2.953B
YoY Change 2.5% 2.36% 1.24%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $20.49M $37.69M $15.12M
YoY Change -192.61% -235.01% -127.35%
Depreciation, Depletion And Amortization $31.73M $30.88M $31.29M
YoY Change -2.62% -5.58% 1.72%
Cash From Operating Activities $59.05M $77.51M $13.15M
YoY Change 164.46% 219.25% -134.44%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$232.0M -$546.0K
YoY Change -100.0% 18.56%
Acquisitions
YoY Change
Other Investing Activities -$34.92M -$31.86M $164.9M
YoY Change 19.97% 209.8% -2636.95%
Cash From Investing Activities -$34.92M -$263.8M $164.4M
YoY Change 19.73% 28.11% -2618.48%
FINANCING ACTIVITIES
Cash Dividend Paid $3.513M
YoY Change 9.51%
Common Stock Issuance & Retirement, Net $43.47M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.226M 84.87M -85.83M
YoY Change -151.08% 216.64% 1288.64%
NET CHANGE
Cash From Operating Activities 59.05M 77.51M 13.15M
Cash From Investing Activities -34.92M -263.8M 164.4M
Cash From Financing Activities -9.226M 84.87M -85.83M
Net Change In Cash 14.90M -101.4M 91.67M
YoY Change 32.77% -34.49% -280.17%
FREE CASH FLOW
Cash From Operating Activities $59.05M $77.51M $13.15M
Capital Expenditures $0.00 -$232.0M -$546.0K
Free Cash Flow $59.05M $309.5M $13.69M
YoY Change 163.75% 40.72%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215216000
us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
1578000
us-gaap Depreciation
Depreciation
62011000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
214778000
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
213183000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215113000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215216000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
214778000
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92618
dei City Area Code
CityAreaCode
949
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
213183000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215113000
dei Local Phone Number
LocalPhoneNumber
330-4000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
sho Term Of Unsecured Environmental Indemnities
TermOfUnsecuredEnvironmentalIndemnities
P0Y
sho Damage Limitation Of Unsecured Environmental Indemnities
DamageLimitationOfUnsecuredEnvironmentalIndemnities
0
CY2021Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccountsPayableAndAccruedLiabilitiesCurrent
dei Entity Registrant Name
EntityRegistrantName
Sunstone Hotel Investors, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-1296886
dei Entity Address Address Line1
EntityAddressAddressLine1
200 Spectrum Center Drive, 21st Floor
CY2022Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccountsPayableAndAccruedLiabilitiesCurrent
dei Entity Address City Or Town
EntityAddressCityOrTown
Irvine
dei Entity Central Index Key
EntityCentralIndexKey
0001295810
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
212450788
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
219333783
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-32319
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
212316344
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
107329000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
120483000
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
45611000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
42234000
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
42151000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
28733000
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14137000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14338000
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
76308000
CY2022Q2 us-gaap Assets Current
AssetsCurrent
209228000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
282096000
CY2022Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2847800000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2720016000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18881000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23161000
CY2022Q2 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
1406000
CY2021Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2580000
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9308000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13196000
CY2022Q2 us-gaap Assets
Assets
3086623000
CY2021Q4 us-gaap Assets
Assets
3041049000
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
63451000
us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
7284000
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
63715000
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
47701000
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18716000
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
25213000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19753000
CY2022Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
4360000
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
3513000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
58884000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1646000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
90653000
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
20694000
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
151888000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
175758000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
802376000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
588741000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19796000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25120000
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9118000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11656000
CY2022Q2 us-gaap Liabilities
Liabilities
983178000
CY2021Q4 us-gaap Liabilities
Liabilities
801275000
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
212450788
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
219333783
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
2125000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
2193000
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2494238000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2631484000
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
997402000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
948064000
CY2022Q2 us-gaap Cumulative Dividends
CumulativeDividends
1671570000
CY2021Q4 us-gaap Cumulative Dividends
CumulativeDividends
1664024000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
2103445000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2198967000
CY2021Q4 us-gaap Minority Interest
MinorityInterest
40807000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2103445000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2239774000
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3086623000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3041049000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
251280000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
117210000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
423595000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167843000
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
11621000
CY2021Q2 us-gaap Advertising Expense
AdvertisingExpense
7042000
us-gaap Advertising Expense
AdvertisingExpense
22095000
us-gaap Advertising Expense
AdvertisingExpense
11917000
CY2022Q2 sho Repairs And Maintenance
RepairsAndMaintenance
8273000
CY2021Q2 sho Repairs And Maintenance
RepairsAndMaintenance
7132000
sho Repairs And Maintenance
RepairsAndMaintenance
17987000
sho Repairs And Maintenance
RepairsAndMaintenance
12677000
CY2022Q2 sho Utilities Expense
UtilitiesExpense
6239000
CY2021Q2 sho Utilities Expense
UtilitiesExpense
4683000
sho Utilities Expense
UtilitiesExpense
11944000
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-596000
CY2021Q2 us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
2296000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
54301000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
26544000
sho Utilities Expense
UtilitiesExpense
8834000
CY2022Q2 us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
4280000
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8717000
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9467000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19431000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16644000
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
30893000
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
32729000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
62253000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
63499000
us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
3287000
CY2022Q2 us-gaap Occupancy Net
OccupancyNet
17455000
CY2021Q2 us-gaap Occupancy Net
OccupancyNet
15632000
us-gaap Occupancy Net
OccupancyNet
33446000
us-gaap Occupancy Net
OccupancyNet
30293000
CY2022Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
30391000
CY2021Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
16067000
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
207759000
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
137149000
us-gaap Operating Expenses
OperatingExpenses
386847000
us-gaap Operating Expenses
OperatingExpenses
235220000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
116000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
21000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4496000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-358000
CY2022Q2 us-gaap Interest Expense
InterestExpense
5938000
CY2021Q2 us-gaap Interest Expense
InterestExpense
8065000
us-gaap Interest Expense
InterestExpense
11019000
us-gaap Interest Expense
InterestExpense
15714000
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
22946000
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
21000
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
88000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-192000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
310000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37720000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-27895000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
52979000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-83139000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
37692000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-27918000
us-gaap Profit Loss
ProfitLoss
52815000
us-gaap Profit Loss
ProfitLoss
-83205000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2343000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3477000
us-gaap Depreciation
Depreciation
63478000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
213183000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215113000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215216000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214778000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2239774000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
3701000
CY2022Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-3351000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
218000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2571000
CY2022Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3773000
CY2021Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
7795000
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
7546000
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
11002000
CY2022Q2 sho Earnings Loss Before Distributed And Undistributed Earnings Loss Allocated To Participating Securities Basic
EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
31576000
CY2021Q2 sho Earnings Loss Before Distributed And Undistributed Earnings Loss Allocated To Participating Securities Basic
EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-35117000
sho Earnings Loss Before Distributed And Undistributed Earnings Loss Allocated To Participating Securities Basic
EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
41792000
sho Earnings Loss Before Distributed And Undistributed Earnings Loss Allocated To Participating Securities Basic
EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-91636000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
43465000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
15123000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2208009000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
2971000
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-91000
CY2022Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
34515000
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5500000
CY2022Q2 sho Acquisition Of Noncontrolling Interest
AcquisitionOfNoncontrollingInterest
101348000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
37692000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2103445000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2089379000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
2869000
CY2021Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-3516000
CY2021Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1375000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-55287000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2031613000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
4784000
CY2021Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-1361000
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
37659000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-27918000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2103305000
us-gaap Profit Loss
ProfitLoss
52815000
us-gaap Profit Loss
ProfitLoss
-83205000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
313000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
157000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
22946000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-70000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-192000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
310000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1351000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13923000
us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
2865000
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
191291000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
4369000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
10191000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-2419000
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
45611000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1384000
sho Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet
-700000
sho Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet
-669000
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
47490000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1472000
us-gaap Share Based Compensation
ShareBasedCompensation
6431000
us-gaap Share Based Compensation
ShareBasedCompensation
7411000
us-gaap Insured Event Gain Loss
InsuredEventGainLoss
4369000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12147000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16771000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5705000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4426000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
7063000
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
232506000
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
195646000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
62621000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
16785000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-99467000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-212431000
sho Payment For Acquisition Of Noncontrolling Interest
PaymentForAcquisitionOfNoncontrollingInterest
-101348000
us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
115000000
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
115000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
38443000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
77980000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3351000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4877000
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
230000000
us-gaap Repayments Of Debt
RepaymentsOfDebt
35994000
us-gaap Repayments Of Debt
RepaymentsOfDebt
1642000
us-gaap Payments Of Dividends
PaymentsOfDividends
6699000
us-gaap Payments Of Dividends
PaymentsOfDividends
7969000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
5500000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1375000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-963000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20603000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9777000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-205751000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162717000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
416139000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152940000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210388000
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
107329000
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
162898000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-134000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-5000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152940000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210388000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7114000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
241000
us-gaap Interest Paid Net
InterestPaidNet
13412000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
242000
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
4016000
us-gaap Interest Paid Net
InterestPaidNet
15699000
CY2022Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4360000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
37692000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2343000
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2225000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-27918000
us-gaap Operating Lease Payments
OperatingLeasePayments
3407000
us-gaap Operating Lease Payments
OperatingLeasePayments
3364000
sho Increase Decrease In In Operating Lease Right Of Use Assets Net
IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet
-2005000
sho Increase Decrease In In Operating Lease Right Of Use Assets Net
IncreaseDecreaseInInOperatingLeaseRightOfUseAssetsNet
-1836000
sho Increase Decrease In Operating Lease Liabilities Net
IncreaseDecreaseInOperatingLeaseLiabilitiesNet
-2705000
sho Increase Decrease In Operating Lease Liabilities Net
IncreaseDecreaseInOperatingLeaseLiabilitiesNet
-2505000
sho Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet
-700000
sho Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet
-669000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18725000
CY2022Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15
CY2022Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:10.1pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:24.5pt;margin:0pt;">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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:24.5pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p>
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-596000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3477000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
us-gaap Profit Loss
ProfitLoss
52815000
us-gaap Profit Loss
ProfitLoss
-83205000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215216000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214778000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2571000
CY2022Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3773000
CY2021Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
7795000
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
7546000
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
11002000
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
266000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
327000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31310000
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35117000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41465000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-91636000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
213183000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215113000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
sho Number Of Hotels Impaired
NumberOfHotelsImpaired
0
sho Number Of Hotels Impaired
NumberOfHotelsImpaired
0
sho Leases Initial Maximum Term Not Recorded On Balance Sheet
LeasesInitialMaximumTermNotRecordedOnBalanceSheet
P12M
sho Leases Initial Minimum Term Recorded Right Of Use Assets
LeasesInitialMinimumTermRecordedRightOfUseAssets
P12M
sho Number Of Hotels With Operating Lease Right Of Use Asset Impairment
NumberOfHotelsWithOperatingLeaseRightOfUseAssetImpairment
0
sho Number Of Hotels With Operating Lease Right Of Use Asset Impairment
NumberOfHotelsWithOperatingLeaseRightOfUseAssetImpairment
0
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
23541000
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
16055000
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
47578000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
40226000
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8600000
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
22400000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1100000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
1024000
CY2022Q2 us-gaap Land
Land
672531000
CY2021Q4 us-gaap Land
Land
604692000
CY2022Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2741546000
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2729461000
CY2022Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
410042000
CY2021Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
431780000
CY2022Q2 sho Finite Lived And Indefinite Lived Intangible Assets Gross
FiniteLivedAndIndefiniteLivedIntangibleAssetsGross
42408000
CY2021Q4 sho Finite Lived And Indefinite Lived Intangible Assets Gross
FiniteLivedAndIndefiniteLivedIntangibleAssetsGross
43117000
CY2022Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
83252000
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
41260000
CY2022Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3949779000
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3850310000
CY2022Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1101979000
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1130294000
CY2022Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2847800000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2720016000
CY2022Q2 sho Percentage Of Debt Bearing Fixed Interest Rates
PercentageOfDebtBearingFixedInterestRates
0.441
CY2021Q4 sho Percentage Of Debt Bearing Fixed Interest Rates
PercentageOfDebtBearingFixedInterestRates
0.640
CY2021Q4 us-gaap Other Receivables
OtherReceivables
3914000
CY2021Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
826000
CY2022Q2 us-gaap Other Receivables
OtherReceivables
688000
CY2022Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
84000
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
89000
CY2022Q2 us-gaap Notes Payable
NotesPayable
805443000
CY2021Q4 us-gaap Notes Payable
NotesPayable
611437000
CY2022Q2 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
640000
CY2021Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
-2225000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
1295000
CY2022Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1023000
CY2021Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
709000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2865000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1578000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5392000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5912000
CY2022Q2 us-gaap Deferred Rent Receivables Net Noncurrent
DeferredRentReceivablesNetNoncurrent
2239000
CY2021Q4 us-gaap Deferred Rent Receivables Net Noncurrent
DeferredRentReceivablesNetNoncurrent
2455000
CY2022Q2 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
905000
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
744000
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9308000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13196000
CY2022Q2 us-gaap Notes Payable
NotesPayable
805443000
CY2021Q4 us-gaap Notes Payable
NotesPayable
611437000
CY2022Q2 us-gaap Notes Payable Current
NotesPayableCurrent
2043000
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
21401000
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
397000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
707000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1646000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
20694000
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
803400000
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
590036000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
802376000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
588741000
CY2022Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
6290000
CY2021Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
8037000
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
12533000
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
15820000
CY2022Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1023000
CY2021Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
709000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2865000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1578000
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
671000
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
737000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1351000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1472000
CY2022Q2 us-gaap Interest Expense
InterestExpense
5938000
CY2021Q2 us-gaap Interest Expense
InterestExpense
8065000
us-gaap Interest Expense
InterestExpense
11019000
us-gaap Interest Expense
InterestExpense
15714000
CY2022Q2 sho Management Fees Payable
ManagementFeesPayable
1688000
CY2022Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
10773000
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
12591000
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
5978000
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
6858000
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
41319000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
33750000
CY2021Q4 sho Management Fees Payable
ManagementFeesPayable
1691000
CY2022Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3957000
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3250000
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
63715000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
58884000
CY2022Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
6367000
CY2021Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
6598000
CY2021Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1484000
CY2022Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
2751000
CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3574000
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9118000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11656000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18881000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23161000
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5596000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5586000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19796000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25120000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
25392000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
30706000
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P34Y
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
367000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
735000
CY2021Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
351000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
117000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
702000
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1327000
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1366000
us-gaap Operating Lease Cost
OperatingLeaseCost
2716000
us-gaap Operating Lease Cost
OperatingLeaseCost
2686000
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1978000
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
13000
us-gaap Variable Lease Cost
VariableLeaseCost
2859000
us-gaap Variable Lease Cost
VariableLeaseCost
13000
CY2022Q2 us-gaap Lease Cost
LeaseCost
3305000
CY2021Q2 us-gaap Lease Cost
LeaseCost
2097000
us-gaap Lease Cost
LeaseCost
5692000
us-gaap Lease Cost
LeaseCost
4136000
CY2022Q2 us-gaap Marketing Expense
MarketingExpense
3969000
CY2021Q2 us-gaap Marketing Expense
MarketingExpense
1852000
us-gaap Marketing Expense
MarketingExpense
6687000
us-gaap Marketing Expense
MarketingExpense
2720000
CY2022Q2 us-gaap Royalty Expense
RoyaltyExpense
311000
CY2021Q2 us-gaap Royalty Expense
RoyaltyExpense
444000
us-gaap Royalty Expense
RoyaltyExpense
597000
us-gaap Royalty Expense
RoyaltyExpense
567000
CY2022Q2 us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
4280000
CY2021Q2 us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
2296000
us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
7284000
us-gaap Costs Of Franchised Outlets
CostsOfFranchisedOutlets
3287000

Files In Submission

Name View Source Status
0001558370-22-011810-index-headers.html Edgar Link pending
0001558370-22-011810-index.html Edgar Link pending
0001558370-22-011810.txt Edgar Link pending
0001558370-22-011810-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
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-20220630.xsd Edgar Link pending
sho-20220630x10q.htm Edgar Link pending
sho-20220630x10q_htm.xml Edgar Link completed
sho-20220630xex31d1.htm Edgar Link pending
sho-20220630xex31d2.htm Edgar Link pending
sho-20220630xex32d1.htm Edgar Link pending
sho-20220630_cal.xml Edgar Link unprocessable
sho-20220630_def.xml Edgar Link unprocessable
sho-20220630_lab.xml Edgar Link unprocessable
sho-20220630_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending