2021 Q4 Form 10-K Financial Statement

#000094539422000015 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $421.4M $1.496B $270.0M
YoY Change 56.06% 18.2% -53.52%
Cost Of Revenue $287.0M $1.011B $205.0M
YoY Change 39.98% 44.83% -38.79%
Gross Profit $134.4M $484.8M $65.00M
YoY Change 106.78% -14.55% -73.58%
Gross Profit Margin 31.9% 32.42% 24.07%
Selling, General & Admin $12.60M $53.44M $13.00M
YoY Change -3.08% 5.4% -26.55%
% of Gross Profit 9.37% 11.02% 20.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $115.8M $486.0M $121.3M
YoY Change -4.57% -2.59% -4.26%
% of Gross Profit 86.12% 100.23% 186.62%
Operating Expenses $132.3M $555.1M $138.6M
YoY Change -4.58% -1.72% -6.6%
Operating Profit $2.151M -$70.22M -$73.60M
YoY Change -102.92% -2800.73% -175.41%
Interest Expense -$90.15M $365.7M -$67.30M
YoY Change 33.95% 19.33% -3.3%
% of Operating Profit -4190.93%
Other Income/Expense, Net
YoY Change
Pretax Income -$199.7M -$544.6M -$131.6M
YoY Change 51.78% 91.59% 904.58%
Income Tax -$1.950M -$941.0K $500.0K
% Of Pretax Income
Net Earnings -$198.8M -$544.6M -$137.7M
YoY Change 44.36% 74.9% 824.6%
Net Earnings / Revenue -47.18% -36.41% -51.0%
Basic Earnings Per Share -$3.31
Diluted Earnings Per Share -$1.207M -$3.31 -$837.1K
COMMON SHARES
Basic Shares Outstanding 165.1M shares 164.6M shares 164.8M shares
Diluted Shares Outstanding 164.6M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $944.0M $944.0M $73.30M
YoY Change 1187.92% 1187.92% 165.58%
Cash & Equivalents $944.0M $944.0M $73.33M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $48.17M $48.17M $55.50M
Other Receivables $26.88M $26.88M $16.30M
Total Short-Term Assets $1.019B $1.019B $145.1M
YoY Change 602.34% 602.34% 50.67%
LONG-TERM ASSETS
Property, Plant & Equipment $6.944B $7.121B $7.882B
YoY Change -11.9% -9.65% -4.62%
Goodwill
YoY Change
Intangibles $283.2M $325.8M
YoY Change -13.07% -13.92%
Long-Term Investments $62.69M $62.69M $36.70M
YoY Change 70.81% 70.81%
Other Assets $518.9M $518.9M $31.70M
YoY Change 1536.89% 1536.89% -77.53%
Total Long-Term Assets $8.134B $8.134B $8.542B
YoY Change -4.78% -4.78% -4.42%
TOTAL ASSETS
Total Short-Term Assets $1.019B $1.019B $145.1M
Total Long-Term Assets $8.134B $8.134B $8.542B
Total Assets $9.153B $9.153B $8.687B
YoY Change 5.36% 5.36% -3.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $455.0M $368.9M $375.6M
YoY Change 21.14% -1.24% 5.48%
Accrued Expenses $84.92M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $455.0M $453.8M $375.9M
YoY Change 21.04% 21.4% -19.25%
LONG-TERM LIABILITIES
Long-Term Debt $7.143B $7.143B $6.209B
YoY Change 15.05% 15.05% 2.41%
Other Long-Term Liabilities $1.193M
YoY Change -43.19%
Total Long-Term Liabilities $7.143B $7.144B $6.209B
YoY Change 15.05% 15.03% 2.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $455.0M $453.8M $375.9M
Total Long-Term Liabilities $7.143B $7.144B $6.209B
Total Liabilities $7.598B $7.598B $6.585B
YoY Change 15.39% 15.39% 0.86%
SHAREHOLDERS EQUITY
Retained Earnings $2.636B $3.180B
YoY Change -17.12% -8.92%
Common Stock $1.651M $1.648M
YoY Change 0.18% 0.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.555B $1.555B $2.103B
YoY Change
Total Liabilities & Shareholders Equity $9.153B $9.153B $8.687B
YoY Change 5.36% 5.36% -3.84%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$198.8M -$544.6M -$137.7M
YoY Change 44.36% 74.9% 824.6%
Depreciation, Depletion And Amortization $115.8M $486.0M $121.3M
YoY Change -4.57% -2.59% -4.26%
Cash From Operating Activities $48.90M $49.90M -$27.90M
YoY Change -275.28% 32.71% -115.06%
INVESTING ACTIVITIES
Capital Expenditures -$30.74M -$102.7M -$14.50M
YoY Change 111.98% 34.81% -89.14%
Acquisitions
YoY Change
Other Investing Activities $16.78M $1.416M $62.20M
YoY Change -73.02% -94.2% -86.51%
Cash From Investing Activities -$13.96M -$101.3M $47.70M
YoY Change -129.26% 95.55% -85.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $790.0K
YoY Change 128.32%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.715M $907.4M -14.30M
YoY Change -88.01% 3618.72% -97.15%
NET CHANGE
Cash From Operating Activities 48.90M $49.90M -27.90M
Cash From Investing Activities -13.96M -$101.3M 47.70M
Cash From Financing Activities -1.715M $907.4M -14.30M
Net Change In Cash 33.23M $856.0M 5.500M
YoY Change 504.16% 8294.25% -49.07%
FREE CASH FLOW
Cash From Operating Activities $48.90M $49.90M -$27.90M
Capital Expenditures -$30.74M -$102.7M -$14.50M
Free Cash Flow $79.64M $152.6M -$13.40M
YoY Change -694.32% 34.12% -104.2%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021 dei Entity Central Index Key
EntityCentralIndexKey
0000945394
CY2021 dei Amendment Flag
AmendmentFlag
false
CY2021 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2019 us-gaap Revenue From Contract With Customer Product And Service Extensible List
RevenueFromContractWithCustomerProductAndServiceExtensibleList
http://fasb.org/srt/2021-01-31#HotelMember
CY2020 us-gaap Revenue From Contract With Customer Product And Service Extensible List
RevenueFromContractWithCustomerProductAndServiceExtensibleList
http://fasb.org/srt/2021-01-31#HotelMember
CY2021 us-gaap Revenue From Contract With Customer Product And Service Extensible List
RevenueFromContractWithCustomerProductAndServiceExtensibleList
http://fasb.org/srt/2021-01-31#HotelMember
CY2021 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2021-01-31#HotelMember
CY2020 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2021-01-31#HotelMember
CY2019 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2021-01-31#HotelMember
CY2021 svc Finite Lived Intangible Liabilities Weighted Average Useful Life
FiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P3Y
CY2020Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2020Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2021Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2021 dei Document Type
DocumentType
10-K
CY2021 dei Document Annual Report
DocumentAnnualReport
true
CY2021 dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
CY2021 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021 dei Document Transition Report
DocumentTransitionReport
false
CY2021 dei Entity File Number
EntityFileNumber
1-11527
CY2021 dei Entity Registrant Name
EntityRegistrantName
SERVICE PROPERTIES TRUST
CY2021 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2021 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-3262075
CY2021 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2021 dei Entity Address Address Line1
EntityAddressAddressLine1
Two Newton Place
CY2021 dei Entity Address Address Line2
EntityAddressAddressLine2
255 Washington Street
CY2021 dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 300
CY2021 dei Entity Address City Or Town
EntityAddressCityOrTown
Newton
CY2021 dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
CY2021 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
02458-1634
CY2021 dei City Area Code
CityAreaCode
617
CY2021 dei Local Phone Number
LocalPhoneNumber
964-8389
CY2021 dei Security12b Title
Security12bTitle
Common Shares of Beneficial Interest
CY2021 dei Trading Symbol
TradingSymbol
SVC
CY2021 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2021 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2021 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2021 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021 dei Entity Small Business
EntitySmallBusiness
false
CY2021 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Public Float
EntityPublicFloat
2100000000 USD
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
165092333 shares
CY2021 dei Auditor Firm
AuditorFirmId
34
CY2020 dei Auditor Firm
AuditorFirmId
42
CY2021 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2021 dei Auditor Location
AuditorLocation
Boston, Massachusetts
CY2019 dei Auditor Name
AuditorName
Ernst & Young LLP
CY2019 dei Auditor Location
AuditorLocation
Boston, Massachusetts
CY2021Q4 us-gaap Land
Land
1918385000 USD
CY2020Q4 us-gaap Land
Land
2030440000 USD
CY2021Q4 svc Investment Building Improvements And Equipment
InvestmentBuildingImprovementsAndEquipment
8307248000 USD
CY2020Q4 svc Investment Building Improvements And Equipment
InvestmentBuildingImprovementsAndEquipment
9131832000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
10225633000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
11162272000 USD
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
3281659000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
3280110000 USD
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6943974000 USD
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7882162000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
283241000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
325845000 USD
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
515518000 USD
CY2020Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
13543000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
944043000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73332000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3375000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
18124000 USD
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
48168000 USD
CY2020Q4 us-gaap Due From Related Parties
DueFromRelatedParties
55530000 USD
CY2021Q4 us-gaap Other Assets
OtherAssets
414996000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
318783000 USD
CY2021Q4 us-gaap Assets
Assets
9153315000 USD
CY2020Q4 us-gaap Assets
Assets
8687319000 USD
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
1000000000 USD
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
78424000 USD
CY2021Q4 us-gaap Senior Notes
SeniorNotes
6143022000 USD
CY2020Q4 us-gaap Senior Notes
SeniorNotes
6130166000 USD
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
433448000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
345373000 USD
CY2021Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
21539000 USD
CY2020Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
30566000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
7598009000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
6584529000 USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
165092333 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
165092333 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
164823833 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
164823833 shares
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
1651000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1648000 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4552558000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4550385000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
779000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-760000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2635660000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3180263000 USD
CY2021Q4 svc Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
5635342000 USD
CY2020Q4 svc Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
5628746000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1555306000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
2102790000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9153315000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8687319000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1104678000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
875098000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1989173000 USD
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
390902000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
390156000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
326975000 USD
CY2021 us-gaap Revenues
Revenues
1495580000 USD
CY2020 us-gaap Revenues
Revenues
1265254000 USD
CY2019 us-gaap Revenues
Revenues
2316148000 USD
CY2021 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
1010737000 USD
CY2020 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
682804000 USD
CY2019 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
1410927000 USD
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15658000 USD
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15208000 USD
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
8357000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
485965000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
498908000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
428448000 USD
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53439000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
50668000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54639000 USD
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
64764000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
15100000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1795000 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
78620000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
55756000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
39296000 USD
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
1709183000 USD
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
1318444000 USD
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
1943462000 USD
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
11522000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2261000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
159535000 USD
CY2021 us-gaap Investment Income Dividend
InvestmentIncomeDividend
0 USD
CY2020 us-gaap Investment Income Dividend
InvestmentIncomeDividend
0 USD
CY2019 us-gaap Investment Income Dividend
InvestmentIncomeDividend
1752000 USD
CY2021 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2020 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
62386000 USD
CY2019 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
22535000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
19882000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-40461000 USD
CY2021 us-gaap Interest And Other Income
InterestAndOtherIncome
664000 USD
CY2020 us-gaap Interest And Other Income
InterestAndOtherIncome
284000 USD
CY2019 us-gaap Interest And Other Income
InterestAndOtherIncome
2215000 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
21036000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
14870000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
11117000 USD
CY2021 us-gaap Interest Expense
InterestExpense
365721000 USD
CY2020 us-gaap Interest Expense
InterestExpense
306490000 USD
CY2019 us-gaap Interest Expense
InterestExpense
225126000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9394000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8451000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-544603000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-284261000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
262150000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-941000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17211000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2793000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-941000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9910000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
393000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-544603000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-311382000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
259750000 USD
CY2021 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
1539000 USD
CY2020 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
-760000 USD
CY2019 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
91000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1539000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-760000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
91000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-543064000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-312142000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
259841000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164566000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164422000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164312000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164566000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164422000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164340000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.31
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.31
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.89
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.89
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.58
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2597431000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
259750000 USD
CY2019 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-175000 USD
CY2019 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
91000 USD
CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
2857000 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
807000 USD
CY2019 us-gaap Dividends
Dividends
353619000 USD
CY2019 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1688000 USD
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
13850000 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-127000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2625000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2558000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
2505878000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-311382000 USD
CY2020 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
-760000 USD
CY2020 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
3211000 USD
CY2020 svc Stock Repurchased And Forfeitured During Period Value
StockRepurchasedAndForfeituredDuringPeriodValue
353000 USD
CY2020 us-gaap Dividends
Dividends
93804000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
2102790000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-544603000 USD
CY2021 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
1539000 USD
CY2021 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
2967000 USD
CY2021 svc Stock Repurchased And Forfeitured During Period Value
StockRepurchasedAndForfeituredDuringPeriodValue
791000 USD
CY2021 us-gaap Dividends
Dividends
6596000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1555306000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-544603000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-311382000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
259750000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
614000 USD
CY2021 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
5875000 USD
CY2020 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
33000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
485965000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
498908000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
428448000 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
21036000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
14870000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
11117000 USD
CY2021 us-gaap Straight Line Rent
StraightLineRent
-2621000 USD
CY2020 us-gaap Straight Line Rent
StraightLineRent
-714000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
-10719000 USD
CY2021 svc Security Deposits Received Replenished Applied To Payment Shortfalls
SecurityDepositsReceivedReplenishedAppliedToPaymentShortfalls
0 USD
CY2020 svc Security Deposits Received Replenished Applied To Payment Shortfalls
SecurityDepositsReceivedReplenishedAppliedToPaymentShortfalls
-109162000 USD
CY2019 svc Security Deposits Received Replenished Applied To Payment Shortfalls
SecurityDepositsReceivedReplenishedAppliedToPaymentShortfalls
-23549000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9394000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8451000 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
78620000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
55756000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
39296000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
22535000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
19882000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-40461000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-941000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9910000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
393000 USD
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2423000 USD
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
11522000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2261000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
159535000 USD
CY2021 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2020 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
62386000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5061000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2296000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
60484000 USD
CY2021 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-5552000 USD
CY2019 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-3272000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-60182000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
78340000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11385000 USD
CY2020 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
17910000 USD
CY2019 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-51096000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49904000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37604000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
617722000 USD
CY2021 svc Payments To Acquire Real Estate Net Of Deposits
PaymentsToAcquireRealEstateNetOfDeposits
7709000 USD
CY2020 svc Payments To Acquire Real Estate Net Of Deposits
PaymentsToAcquireRealEstateNetOfDeposits
7090000 USD
CY2019 svc Payments To Acquire Real Estate Net Of Deposits
PaymentsToAcquireRealEstateNetOfDeposits
2713191000 USD
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
95017000 USD
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
69082000 USD
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
150531000 USD
CY2021 svc Property Managers Purchases With Restricted Cash
PropertyManagersPurchasesWithRestrictedCash
24565000 USD
CY2020 svc Property Managers Purchases With Restricted Cash
PropertyManagersPurchasesWithRestrictedCash
153626000 USD
CY2019 svc Property Managers Purchases With Restricted Cash
PropertyManagersPurchasesWithRestrictedCash
208241000 USD
CY2021 svc Property Managers Deposit Of Insurance Proceeds Into Restricted Cash
PropertyManagersDepositOfInsuranceProceedsIntoRestrictedCash
0 USD
CY2020 svc Property Managers Deposit Of Insurance Proceeds Into Restricted Cash
PropertyManagersDepositOfInsuranceProceedsIntoRestrictedCash
22488000 USD
CY2019 svc Property Managers Deposit Of Insurance Proceeds Into Restricted Cash
PropertyManagersDepositOfInsuranceProceedsIntoRestrictedCash
25000000 USD
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
51412000 USD
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
167542000 USD
CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
816450000 USD
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
93892000 USD
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
12000 USD
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
286000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
6577000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101310000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-51807000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2130044000 USD
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1250000000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1693879000 USD
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
405971000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2021 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 USD
CY2020 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
400000000 USD
CY2019 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
984027000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1189094000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1124000000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
62451000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1487670000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
924000000 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6822000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
26903000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
21882000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
790000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
346000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
800000 USD
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6596000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
93804000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
353619000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
907368000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24400000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1517578000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
855962000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10197000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5256000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91456000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81259000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76003000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
947418000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91456000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81259000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
944043000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73332000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27633000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
3375000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
18124000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
53626000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
947418000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91456000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81259000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
344043000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
281097000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
191155000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
3412000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
2117000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
2927000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7777000 USD
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reclassifications have been made to the prior years’ consolidated financial statements to conform to the current year’s presentation.</span>
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5684000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13595000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
42000000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
0 USD
CY2021Q4 svc Ownership Percentage Held In Subsidiary
OwnershipPercentageHeldInSubsidiary
1
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
78620000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
55756000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
283241000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
325845000 USD
CY2021Q4 svc Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
1193000 USD
CY2020Q4 svc Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
2107000 USD
CY2021 svc Finite Lived Intangible Assets Weighted Average Useful Life
FiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P6Y
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
41648000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
52264000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1757000 USD
CY2021 svc Finite Lived Intangible Liabilities Amortization Expense
FiniteLivedIntangibleLiabilitiesAmortizationExpense
433000 USD
CY2020 svc Finite Lived Intangible Liabilities Amortization Expense
FiniteLivedIntangibleLiabilitiesAmortizationExpense
2403000 USD
CY2019 svc Finite Lived Intangible Liabilities Amortization Expense
FiniteLivedIntangibleLiabilitiesAmortizationExpense
441000 USD
CY2021Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
14879000 USD
CY2020Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
8163000 USD
CY2021Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
8796000 USD
CY2020Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
722000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
33736000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
41974000 USD
CY2021Q4 svc Future Amortization Of Debt Issuance Costs Year One
FutureAmortizationOfDebtIssuanceCostsYearOne
14280000 USD
CY2021Q4 svc Future Amortization Of Debt Issuance Costs Year Two
FutureAmortizationOfDebtIssuanceCostsYearTwo
7667000 USD
CY2021Q4 svc Future Amortization Of Debt Issuance Costs Year Three
FutureAmortizationOfDebtIssuanceCostsYearThree
6828000 USD
CY2021Q4 svc Future Amortization Of Debt Issuance Costs Year Four
FutureAmortizationOfDebtIssuanceCostsYearFour
4957000 USD
CY2021Q4 svc Future Amortization Of Debt Issuance Costs Year Five
FutureAmortizationOfDebtIssuanceCostsYearFive
2842000 USD
CY2021Q4 svc Future Amortization Of Debt Issuance Costs After Year Five
FutureAmortizationOfDebtIssuanceCostsAfterYearFive
3245000 USD
CY2021Q4 svc Future Amortization Of Financing Costs
FutureAmortizationOfFinancingCosts
39819000 USD
CY2021 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
2621000 USD
CY2020 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
714000 USD
CY2019 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
10719000 USD
CY2021Q4 svc Straight Line Rent Receivables
StraightLineRentReceivables
26881000 USD
CY2020Q4 svc Straight Line Rent Receivables
StraightLineRentReceivables
16264000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles, or GAAP, requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in our consolidated financial statements include the allowance for doubtful accounts, purchase price allocations, useful lives of real estate and impairment of long lived assets.</span>
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164566000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164422000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164312000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
28000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164566000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164422000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164340000 shares
CY2021Q4 svc Real Estate Investment Property And Real Estate Heldforsale At Cost
RealEstateInvestmentPropertyAndRealEstateHeldforsaleAtCost
10741151000 USD
CY2021Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
515518000 USD
CY2021Q4 us-gaap Land
Land
1918385000 USD
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
7871626000 USD
CY2021Q4 svc Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
435622000 USD
CY2020Q4 us-gaap Land
Land
2030440000 USD
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
8600239000 USD
CY2020Q4 svc Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
531593000 USD
CY2019Q3 svc Number Of Properties Acquired
NumberOfPropertiesAcquired
767 retailProperty
CY2019Q3 us-gaap Net Rentable Area
NetRentableArea
12400000 sqft
CY2019Q3 svc Number Of States In Which Property Is Located
NumberOfStatesInWhichPropertyIsLocated
45 state
CY2019Q3 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
2482382000 USD
CY2019Q3 svc Payments To Acquire Real Estate Cash Consideration
PaymentsToAcquireRealEstateCashConsideration
2384577000 USD
CY2019Q3 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
82069000 USD
CY2019Q3 svc Asset Acquisition Acquisition Costs Capitalized
AssetAcquisitionAcquisitionCostsCapitalized
15736000 USD
CY2019Q3 svc Number Of Tenants
NumberOfTenants
279 tenant
CY2019Q3 svc Asset Acquisition Number Of Industries
AssetAcquisitionNumberOfIndustries
23 industry
CY2019Q3 svc Asset Acquisition Number Of Brands
AssetAcquisitionNumberOfBrands
163 brand
CY2019Q3 svc Number Of States In Which Property Is Located
NumberOfStatesInWhichPropertyIsLocated
45 state
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
4310000 USD
CY2021Q4 svc Number Of Management Agreements Or Leases
NumberOfManagementAgreementsOrLeases
6 agreement
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-941000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
390580000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
376064000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
365787000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
356248000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
344503000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
2114800000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3947982000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
177346000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
177346000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
84924000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
84924000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15024000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14575000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14794000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14831000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
14948000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
263314000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
337486000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
160140000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
177346000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1500000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
500000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1175000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1150000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
800000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2075000000 USD
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
7200000000 USD
CY2021Q2 svc Number Of New Trustees
NumberOfNewTrustees
7 trustee
CY2020Q1 svc Number Of New Trustees
NumberOfNewTrustees
2 trustee
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
71100 shares
CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.11
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
790000 USD
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
43751 shares
CY2020 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
7.90
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
346000 USD
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
31225 shares
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
25.61
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
800000 USD
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.04
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
6596000 USD
CY2021 svc Common Stock Dividends Paid As Percentage Of Ordinary Income
CommonStockDividendsPaidAsPercentageOfOrdinaryIncome
0
CY2021 svc Common Stock Dividends Paid As Percentage Of Capital Gain
CommonStockDividendsPaidAsPercentageOfCapitalGain
0
CY2021 svc Common Stock Dividends Paid As Percentage Of Return Of Capital
CommonStockDividendsPaidAsPercentageOfReturnOfCapital
1.0000
CY2021 svc Common Stock Dividends Paid As Percentage Of Qualified Dividend
CommonStockDividendsPaidAsPercentageOfQualifiedDividend
0
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.57
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
93804000 USD
CY2020 svc Common Stock Dividends Paid As Percentage Of Ordinary Income
CommonStockDividendsPaidAsPercentageOfOrdinaryIncome
0
CY2020 svc Common Stock Dividends Paid As Percentage Of Capital Gain
CommonStockDividendsPaidAsPercentageOfCapitalGain
0
CY2020 svc Common Stock Dividends Paid As Percentage Of Return Of Capital
CommonStockDividendsPaidAsPercentageOfReturnOfCapital
1.0000
CY2020 svc Common Stock Dividends Paid As Percentage Of Qualified Dividend
CommonStockDividendsPaidAsPercentageOfQualifiedDividend
0
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.15
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
353620000 USD
CY2019 svc Common Stock Dividends Paid As Percentage Of Ordinary Income
CommonStockDividendsPaidAsPercentageOfOrdinaryIncome
0.4450
CY2019 svc Common Stock Dividends Paid As Percentage Of Capital Gain
CommonStockDividendsPaidAsPercentageOfCapitalGain
0.3793
CY2019 svc Common Stock Dividends Paid As Percentage Of Return Of Capital
CommonStockDividendsPaidAsPercentageOfReturnOfCapital
0.1757
CY2019 svc Common Stock Dividends Paid As Percentage Of Qualified Dividend
CommonStockDividendsPaidAsPercentageOfQualifiedDividend
0.0050
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-760000 USD
CY2020 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1539000 USD
CY2021 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
0 USD
CY2021 us-gaap Nature Of Operations
NatureOfOperations
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Note 8. Business and Property Management Agreements with RMR LLC</span></div><div style="margin-bottom:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have no employees. The personnel and various services we require to operate our business are provided to us by RMR LLC. We have two agreements with RMR LLC to provide management services to us: (1) a business management agreement, which relates to our business generally, and (2) a property management agreement, which relates to our property level operations of our net lease portfolio, (excluding properties leased to TA), the office building component of one of our hotels and major renovation or repositioning activities at our hotels that we may request RMR LLC to manage from time to time. See Note 9 for further information regarding our relationship, agreements and transactions with RMR LLC.</span></div><div style="margin-bottom:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Management Agreements with RMR LLC. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our management agreements with RMR LLC provide for an annual base management fee, an annual incentive management fee and property management and construction supervision fees, payable in cash, among other terms:</span></div><div style="margin-bottom:6pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Base Management Fee. The annual base management fee payable to RMR LLC by us for each applicable period is equal to the lesser of:</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">the sum of (a) 0.7% of the average aggregate historical cost of our real estate investments up to $250,000, plus (b) 0.5% of the average aggregate historical cost of our real estate investments exceeding $250,000; and</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">the sum of (a) 0.7% of the average closing price per share of our common shares on the stock exchange on which such shares are principally traded, during such period, multiplied by the average number of our common shares outstanding during such period, plus the daily weighted average of the aggregate liquidation preference of each class of our preferred shares outstanding during such period, plus the daily weighted average of the aggregate principal amount of our consolidated indebtedness during such period, or, together, our Average Market Capitalization, up to $250,000, plus (b) 0.5% of our Average Market Capitalization exceeding $250,000.</span></div><div style="margin-bottom:6pt;padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The average aggregate historical cost of our real estate investments includes our consolidated assets invested, directly or indirectly, in equity interests in or loans secured by real estate and personal property owned in connection with such real estate (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), all before reserves for depreciation, amortization, impairment charges or bad debts or other similar non-cash reserves.</span></div><div style="margin-bottom:6pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Incentive Management Fee</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The incentive management fee which may be earned by RMR LLC for an annual period is calculated as follows:</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">An amount, subject to a cap based on the value of our common shares outstanding, equal to 12% of the product of:</span></div><div style="margin-bottom:6pt;padding-left:126pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">–</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:31pt">our equity market capitalization on the last trading day of the year immediately prior to the relevant three year measurement period, and</span></div><div style="margin-bottom:6pt;padding-left:126pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">–</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:31pt">the amount (expressed as a percentage) by which the total return per share, as defined in the business management agreement and further described below, of our common shareholders (i.e., share price appreciation plus dividends) exceeds the total shareholder return of the applicable market index, or the benchmark return per share, for the relevant measurement period. Effective August 1, 2021, we and RMR LLC amended our business management agreement to replace the benchmark index used in the calculation of incentive management fees. Pursuant to the amendment, for periods beginning on and after August 1, 2021, the MSCI U.S. REIT/Hotel &amp; Resort REIT Index replaced the discontinued SNL U.S. REIT Hotel Index and will be used to calculate benchmark returns per share for purposes of determining any incentive management fee payable by us to RMR LLC. For periods prior to August 1, 2021, the SNL U.S. REIT Hotel Index will continue to be used. Accordingly, the calculation of incentive management fees for the next two measurement periods will continue to use the SNL U.S. REIT Hotel Index in calculating the benchmark returns for periods through July 31, 2021.This change of index was due to S&amp;P Global, Inc. ceasing to publish the SNL U.S. REIT Hotel Index and we refer to the changed index as the benchmark index.</span></div><div style="margin-bottom:6pt;padding-left:54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For purposes of the total return per share of our common shareholders, share price appreciation for a measurement period is determined by subtracting (1) the closing price of our common shares on Nasdaq on the last trading day of the year immediately before the first year of the applicable measurement period, or the initial share price, from (2) the average closing price of our common shares on the 10 consecutive trading days having the highest average closing prices during the final 30 trading days in the last year of the measurement period.</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">The calculation of the incentive management fee (including the determinations of our equity market capitalization, initial share price and the total return per share of our common shareholders) is subject to adjustments if we issue or repurchase our common shares, or if our common shares are forfeited, during the measurement period.</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">No incentive management fee is payable by us unless our total return per share during the measurement period is positive.</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">The measurement periods are three year periods ending with the year for which the incentive management fee is being calculated.</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">If our total return per share exceeds 12% per year in any measurement period, the benchmark return per share is adjusted to be the lesser of the total shareholder return of the applicable market index for such measurement period and 12% per year, or the adjusted benchmark return per share. In instances where the adjusted benchmark return per share applies, the incentive management fee will be reduced if our total return per share is between 200 basis points and 500 basis points below the applicable market index in any year, by a low return factor, as defined in the business management agreement, and there will be no incentive management fee paid if, in these instances, our total return per share is more than 500 basis points below the applicable market index in any year, determined on a cumulative basis (i.e., between 200 basis points and 500 basis point per year multiplied by the number of years in the measurement period and below the applicable market index).</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">The incentive management fee is subject to a cap. The cap is equal to the value of the number of our common shares which would, after issuance, represent 1.5% of the number of our common shares then outstanding multiplied by the average closing price of our common shares during the 10 consecutive trading days having the highest average closing prices during the final 30 trading days of the relevant measurement period.</span></div><div style="margin-bottom:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">Incentive management fees we paid to RMR LLC for any period may be subject to “clawback” if our financial statements for that period are restated due to material non-compliance with any financial reporting requirements under the securities laws as a result of the bad faith, fraud, willful misconduct or gross negligence of RMR LLC and the amount of the incentive management fee we paid was greater than the amount we would have paid based on the restated financial statements.</span></div><div style="margin-bottom:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our business management agreement with RMR LLC, we recognized net business management fees of $42,137, $36,830 and $41,607 for the years ended December 31, 2021, 2020 and 2019, respectively. The net business management fees we recognized are included in general and administrative expenses in our consolidated statements of comprehensive income (loss) for these periods. The net business management fees we recognized for each of the years ended December 31, 2021, 2020 and 2019 reflect a reduction of $3,584 for each of those years for the amortization of the liability we recorded in connection with our former investment in RMR Inc.</span></div><div style="margin-bottom:12pt;padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:13.02pt">Property Management and Construction Supervision Fees. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The property management fees payable to RMR LLC by us for each applicable period are equal to 3.0% of gross collected rents and the construction supervision fees payable to RMR LLC by us for each applicable period are equal to 5.0% of construction costs for our net lease portfolio, excluding properties leased to TA, and the office building component of one of our hotels that are subject to our property management agreement with RMR LLC. On June 22, 2021, we and RMR LLC amended our property management agreement to, among other things, provide for RMR LLC’s oversight of any major capital projects and repositioning activities at our hotels, including our hotels that are managed by Sonesta, as we may request from time to time. RMR LLC will receive the same fee previously paid to Sonesta for these services, which is equal to 3% of the cost of any such major capital project or repositioning activity.</span></div><div style="margin-bottom:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our property management agreement with RMR LLC, we recognized aggregate property management and construction supervision fees of $4,489, $3,575 and $1,399 for the years ended December 31, 2021, 2020 and 2019, respectively. These amounts are included in other operating expenses or have been capitalized as appropriate in our consolidated financial statements. For the fiscal years ended December 31, 2021, 2020 and 2019, $3,674, $3,283 and $1,370, respectively, of property management fees were recognized as operating expenses in our consolidated statements of comprehensive income (loss) and $815, $292 and $29, respectively, were capitalized as building improvements in our consolidated balance sheets and are being depreciated over the estimated useful lives of the related capital assets.</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Expense Reimbursement. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are generally responsible for all of our operating expenses, including certain expenses incurred or arranged by RMR LLC on our behalf. We are generally not responsible for payment of RMR LLC’s employment, office or administrative expenses incurred to provide management services to us, except for the employment and related expenses of RMR LLC employees assigned to work exclusively or partly at our net lease properties (excluding properties leased to TA) and the office building component of one of our hotels, our share of the wages, benefits and other related costs of RMR LLC’s centralized accounting personnel, our share of RMR LLC’s costs for providing our internal audit function, and as otherwise agreed. Our Audit Committee appoints our Director of Internal Audit and our Compensation Committee approves the costs of our internal audit function. Our property level operating expenses are generally incorporated into rents charged to our tenants, including certain payroll and related costs incurred by RMR LLC. We reimbursed RMR LLC $2,971, $2,618 and $620 for these expenses and costs for the years ended December 31, 2021, 2020 and 2019, respectively. We included these amounts in other operating expenses and general and administrative expense, as applicable, for these periods.</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Term. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our management agreements with RMR LLC have terms that end on December 31, 2041, and automatically extend on December 31st of each year for an additional year, so that the terms of our management agreements thereafter end on the 20th anniversary of the date of the extension.</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:13.02pt">Termination Rights</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We have the right to terminate one or both of our management agreements with RMR LLC: (i) at any time on 60 days’ written notice for convenience, (ii) immediately on written notice for cause, as defined therein, (iii) on written notice given within 60 days after the end of an applicable calendar year for a performance reason, as defined therein, and (iv) by written notice during the 12 months following a change of control of RMR LLC, as defined therein. RMR LLC has the right to terminate the management agreements for good reason, as defined therein.</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Termination Fee</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. If we terminate one or both of our management agreements with RMR LLC for convenience, or if RMR LLC terminates one or both of our management agreements for good reason, we have agreed to pay RMR LLC a termination fee in an amount equal to the sum of the present values of the monthly future fees, as defined therein, for the terminated management agreement(s) for the term that was remaining prior to such termination, which, depending on the time of termination would be between 19 and 20 years. If we terminate one or both of our management agreements with RMR LLC for a performance reason, we have agreed to pay RMR LLC the termination fee calculated as described above, but assuming a 10 year term was remaining prior to the termination. We are not required to pay any termination fee if we terminate our management agreements with RMR LLC for cause or as a result of a change of control of RMR LLC.</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Transition Services.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> RMR LLC has agreed to provide certain transition services to us for 120 days following an applicable termination by us or notice of termination by RMR LLC, including cooperating with us and using commercially reasonable efforts to facilitate the orderly transfer of the management and real estate investment services provided under our business management agreement and to facilitate the orderly transfer of the management of the managed properties under our property management agreement, as applicable.</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Vendors. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our management agreements with RMR LLC, RMR LLC may from time to time negotiate on our behalf with certain third party vendors and suppliers for the procurement of goods and services to us. As part of this arrangement, we may enter agreements with RMR LLC and other companies to which RMR LLC or its subsidiaries provides management services for the purpose of obtaining more favorable terms from such vendors and suppliers.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Investment Opportunities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Under our business management agreement with RMR LLC, we acknowledge that RMR LLC may engage in other activities or businesses and act as the manager to any other person or entity (including other REITs) even though such person or entity has investment policies and objectives similar to ours and we are not entitled to preferential treatment in receiving information, recommendations and other services from RMR LLC.</span>
CY2021Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2020 svc Proceeds From Equity Method Investments Distribution Including Return Of Capital
ProceedsFromEquityMethodInvestmentsDistributionIncludingReturnOfCapital
9000000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
680000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3361000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2327000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
350000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
593000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1030000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3361000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2920000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1971000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
13850000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-127000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1971000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13850000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-127000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-941000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17211000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2793000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.011
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.044
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.001
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.002
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.055
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.008
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
84551000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
42940000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4844000 USD
CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3175000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
89395000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
46115000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
89395000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
46115000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6263000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6682000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
12581000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
13850000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
18844000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
20532000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2531000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2531000 USD
CY2021Q4 svc Deferred Tax Liabilities Litigation Settlement
DeferredTaxLiabilitiesLitigationSettlement
12581000 USD
CY2020Q4 svc Deferred Tax Liabilities Litigation Settlement
DeferredTaxLiabilitiesLitigationSettlement
13843000 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
423852000 USD
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
333533000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1104678000 USD
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
390902000 USD
CY2021 us-gaap Revenues
Revenues
1495580000 USD
CY2021 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
1010737000 USD
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15658000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
485965000 USD
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53439000 USD
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
64764000 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
78620000 USD
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
1709183000 USD
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
11522000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
22535000 USD
CY2021 us-gaap Interest And Other Income
InterestAndOtherIncome
664000 USD
CY2021 us-gaap Interest Expense
InterestExpense
365721000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-544603000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-941000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-941000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-544603000 USD
CY2021Q4 us-gaap Assets
Assets
9153315000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
875098000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
390156000 USD
CY2020 us-gaap Revenues
Revenues
1265254000 USD
CY2020 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
682804000 USD
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15208000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
498908000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
50668000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
15100000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
55756000 USD
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
1318444000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2261000 USD
CY2020 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
62386000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
19882000 USD
CY2020 us-gaap Interest And Other Income
InterestAndOtherIncome
284000 USD
CY2020 us-gaap Interest Expense
InterestExpense
306490000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9394000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-284261000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17211000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9910000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-311382000 USD
CY2020Q4 us-gaap Assets
Assets
8687319000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1989173000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
326975000 USD
CY2019 us-gaap Revenues
Revenues
2316148000 USD
CY2019 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
1410927000 USD
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
8357000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
428448000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54639000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1795000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
39296000 USD
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
1943462000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
159535000 USD
CY2019 us-gaap Investment Income Dividend
InvestmentIncomeDividend
1752000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-40461000 USD
CY2019 us-gaap Interest And Other Income
InterestAndOtherIncome
2215000 USD
CY2019 us-gaap Interest Expense
InterestExpense
225126000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8451000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
262150000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2793000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
393000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
259750000 USD
CY2019Q4 us-gaap Assets
Assets
9033967000 USD
CY2020Q4 svc Number Of Real Estate Properties To Be Sold Or Rebranded
NumberOfRealEstatePropertiesToBeSoldOrRebranded
5 property
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1091 property
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
2027000000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
6570000000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
2464000000 USD
CY2021 svc Property Plant Equipment Impairment Charges
PropertyPlantEquipmentImpairmentCharges
219000000 USD
CY2021 svc Real Estate Cost Basis Adjustment
RealEstateCostBasisAdjustment
178000000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
2021000000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
8383000000 USD
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10403000000 USD
CY2021 svc Personal Property Excluded From Real Estate Gross
PersonalPropertyExcludedFromRealEstateGross
436000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3069000000 USD
CY2021 svc Accumulated Depreciation Related To Personal Property Excluded From Real Estate Gross
AccumulatedDepreciationRelatedToPersonalPropertyExcludedFromRealEstateGross
213000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10630560000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10716233000 USD
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8820346000 USD
CY2021 svc Real Estate Acquisitions And Capital Expenditures
RealEstateAcquisitionsAndCapitalExpenditures
86016000 USD
CY2020 svc Real Estate Acquisitions And Capital Expenditures
RealEstateAcquisitionsAndCapitalExpenditures
99141000 USD
CY2019 svc Real Estate Acquisitions And Capital Expenditures
RealEstateAcquisitionsAndCapitalExpenditures
1983380000 USD
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
330091000 USD
CY2020 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
145836000 USD
CY2019 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 USD
CY2021 svc Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale
596475000 USD
CY2020 svc Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale
38978000 USD
CY2019 svc Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale
87493000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3047016000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2851121000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2574297000 USD
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
298597000 USD
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
364636000 USD
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
305441000 USD
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
153699000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
143814000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
28617000 USD
CY2021 svc Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale
122566000 USD
CY2020 svc Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale
24927000 USD
CY2019 svc Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale
0 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3069348000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3047016000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2851121000 USD
CY2021Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
8056671000 USD

Files In Submission

Name View Source Status
0000945394-22-000015-index-headers.html Edgar Link pending
0000945394-22-000015-index.html Edgar Link pending
0000945394-22-000015.txt Edgar Link pending
0000945394-22-000015-xbrl.zip Edgar Link pending
exhibit102812312021.htm Edgar Link pending
exhibit102912312021.htm Edgar Link pending
exhibit103112312021.htm Edgar Link pending
exhibit103212312021.htm Edgar Link pending
exhibit104112312021.htm Edgar Link pending
exhibit211svc12312021.htm Edgar Link pending
exhibit221svc12312021.htm Edgar Link pending
exhibit231.htm Edgar Link pending
exhibit232.htm Edgar Link pending
exhibit81svc12312021.htm Edgar Link pending
exhibit_31112312021.htm Edgar Link pending
exhibit_31212312021.htm Edgar Link pending
exhibit_32112312021.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image_0.jpg Edgar Link pending
image_1.jpg 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
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
scheduletoex102812312021.htm Edgar Link pending
scheduletoexhibit1031.htm Edgar Link pending
Show.js Edgar Link pending
svc-20211231.htm Edgar Link pending
svc-20211231.xsd Edgar Link pending
svc-20211231_cal.xml Edgar Link unprocessable
svc-20211231_def.xml Edgar Link unprocessable
svc-20211231_htm.xml Edgar Link completed
svc-20211231_lab.xml Edgar Link unprocessable
svc-20211231_pre.xml Edgar Link unprocessable