2012 Q4 Form 10-Q Financial Statement

#000110465912075222 Filed on November 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q4
Revenue $322.3M $330.1M $295.9M
YoY Change 8.94% 3.57% 10.47%
Cost Of Revenue $173.1M $184.6M $145.8M
YoY Change 18.72% 9.69% 28.46%
Gross Profit $149.2M $145.5M $150.1M
YoY Change -0.6% -3.26% -2.72%
Gross Profit Margin 46.29% 44.08% 50.73%
Selling, General & Admin $11.70M $10.30M $10.20M
YoY Change 14.71% -8.85% 6.25%
% of Gross Profit 7.84% 7.08% 6.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.60M $66.57M $57.20M
YoY Change 19.93% 16.57% -2.72%
% of Gross Profit 45.98% 45.75% 38.11%
Operating Expenses $80.30M $76.90M $67.40M
YoY Change 19.14% 12.43% -1.46%
Operating Profit $68.90M $68.52M $82.70M
YoY Change -16.69% -16.06% -3.73%
Interest Expense -$34.70M $34.85M -$33.90M
YoY Change 2.36% 4.0% 1.8%
% of Operating Profit -50.36% 50.87% -40.99%
Other Income/Expense, Net
YoY Change
Pretax Income $24.00M $44.50M $38.50M
YoY Change -37.66% -7.59% -140.65%
Income Tax -$2.300M -$163.0K $300.0K
% Of Pretax Income -9.58% -0.37% 0.78%
Net Earnings $26.63M $44.66M $38.22M
YoY Change -30.32% -6.04% -141.09%
Net Earnings / Revenue 8.26% 13.53% 12.92%
Basic Earnings Per Share $0.15 $0.24 $0.25
Diluted Earnings Per Share $215.2K $0.24 $309.3K
COMMON SHARES
Basic Shares Outstanding 123.6M shares 123.6M shares
Diluted Shares Outstanding 123.6M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.00M $17.10M $8.300M
YoY Change 140.96% 163.08% 69.39%
Cash & Equivalents $20.05M $17.12M $8.303M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $34.20M
Other Receivables $0.00
Total Short-Term Assets $54.20M $17.10M $8.300M
YoY Change 553.01% 163.08% 69.39%
LONG-TERM ASSETS
Property, Plant & Equipment $5.348B $5.096B $4.873B
YoY Change 9.75% 7.27% -1.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $40.70M $38.90M $68.60M
YoY Change -40.67% -77.53% -21.78%
Total Long-Term Assets $5.581B $5.356B $5.125B
YoY Change 8.9% 4.92% -1.2%
TOTAL ASSETS
Total Short-Term Assets $54.20M $17.10M $8.300M
Total Long-Term Assets $5.581B $5.356B $5.125B
Total Assets $5.635B $5.373B $5.134B
YoY Change 9.78% 5.12% -1.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.1M $100.5M $107.4M
YoY Change 36.03% 14.2% -2.54%
Accrued Expenses
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 $179.3M $196.1M $218.6M
YoY Change -17.98% -5.63% -1.0%
LONG-TERM LIABILITIES
Long-Term Debt $2.722B $2.402B $2.116B
YoY Change 28.68% 15.42% 0.21%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.722B $2.402B $2.116B
YoY Change 28.68% 15.42% 0.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $179.3M $196.1M $218.6M
Total Long-Term Liabilities $2.722B $2.402B $2.116B
Total Liabilities $2.902B $2.598B $2.334B
YoY Change 24.31% 13.51% 0.1%
SHAREHOLDERS EQUITY
Retained Earnings $2.385B $2.350B $2.233B
YoY Change 6.8%
Common Stock $1.236M $3.467B $3.465B
YoY Change -99.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.734B $2.775B $2.799B
YoY Change
Total Liabilities & Shareholders Equity $5.635B $5.373B $5.134B
YoY Change 9.78% 5.12% -1.13%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q4
OPERATING ACTIVITIES
Net Income $26.63M $44.66M $38.22M
YoY Change -30.32% -6.04% -141.09%
Depreciation, Depletion And Amortization $68.60M $66.57M $57.20M
YoY Change 19.93% 16.57% -2.72%
Cash From Operating Activities $99.20M $84.30M $106.4M
YoY Change -6.77% 3.06% 4.21%
INVESTING ACTIVITIES
Capital Expenditures -$299.4M -$151.9M -$75.50M
YoY Change 296.56% 619.91% 75.99%
Acquisitions
YoY Change
Other Investing Activities -$50.50M $74.70M $0.00
YoY Change 48.21% -100.0%
Cash From Investing Activities -$349.9M -$77.20M -$75.50M
YoY Change 363.44% -363.48% 25.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 253.6M -14.60M -29.10M
YoY Change -971.48% -86.47% -30.88%
NET CHANGE
Cash From Operating Activities 99.20M 84.30M 106.4M
Cash From Investing Activities -349.9M -77.20M -75.50M
Cash From Financing Activities 253.6M -14.60M -29.10M
Net Change In Cash 2.900M -7.500M 1.800M
YoY Change 61.11% -334.38% -1900.0%
FREE CASH FLOW
Cash From Operating Activities $99.20M $84.30M $106.4M
Capital Expenditures -$299.4M -$151.9M -$75.50M
Free Cash Flow $398.6M $236.2M $181.9M
YoY Change 119.13% 129.54% 25.45%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2012Q3 hpt Hotel Management Agreements And Leases Annual Rent Or Return Reduction
HotelManagementAgreementsAndLeasesAnnualRentOrReturnReduction
20300000 USD
hpt Hotel Management Agreements And Leases Annual Rent Or Return Reduction
HotelManagementAgreementsAndLeasesAnnualRentOrReturnReduction
46697000 USD
hpt Hotel Management Agreements And Leases Annual Rent Or Return Reduction
HotelManagementAgreementsAndLeasesAnnualRentOrReturnReduction
37875000 USD
CY2012Q3 hpt Ownership Percentage Held In Subsidiary
OwnershipPercentageHeldInSubsidiary
1.00 pure
CY2012Q3 us-gaap Straight Line Rent
StraightLineRent
-52000 USD
us-gaap Straight Line Rent
StraightLineRent
243000 USD
CY2011Q3 us-gaap Straight Line Rent
StraightLineRent
1193000 USD
us-gaap Straight Line Rent
StraightLineRent
3684000 USD
CY2012Q3 hpt Deferred Percentage Rent
DeferredPercentageRent
919000 USD
hpt Deferred Percentage Rent
DeferredPercentageRent
3481000 USD
CY2011Q3 hpt Deferred Percentage Rent
DeferredPercentageRent
481000 USD
hpt Deferred Percentage Rent
DeferredPercentageRent
1417000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2012Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
471 Property
CY2012Q3 hpt Number Of Management Agreements Or Leases
NumberOfManagementAgreementsOrLeases
10 item
CY2012Q3 hpt Number Of Real Estate Properties Subject To Lease
NumberOfRealEstatePropertiesSubjectToLease
1 Property
hpt Real Estate Improvements Funded
RealEstateImprovementsFunded
262471000 USD
CY2012Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
276000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-4550000 USD
CY2012Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
410000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-1921000 USD
CY2012Q3 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-26000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-78000 USD
CY2012Q3 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-108000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-2551000 USD
CY2012Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
113000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-642000 USD
CY2012Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
251722000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
741775000 USD
CY2011Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
242995000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
670867000 USD
CY2012Q3 hpt Furniture Fixtures And Equipment Reserve Income Leased Hotel Properties
FurnitureFixturesAndEquipmentReserveIncomeLeasedHotelProperties
4431000 USD
CY2012Q3 us-gaap Revenues
Revenues
330068000 USD
CY2012Q3 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
184566000 USD
CY2012Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
66566000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10336000 USD
CY2012Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
84000 USD
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
261552000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
68516000 USD
CY2012Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
116000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
34854000 USD
CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
115000 USD
hpt Increase Decrease Operating Agreements Annual Minimum Returns And Rents
IncreaseDecreaseOperatingAgreementsAnnualMinimumReturnsAndRents
20376000 USD
hpt Furniture Fixtures And Equipment Reserve Income
FurnitureFixturesAndEquipmentReserveIncome
39592000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
527806000 USD
CY2012Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
10602000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
192206000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32333000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1648000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
889000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44495000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-163000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
44658000 USD
hpt Furniture Fixtures And Equipment Reserve Income Leased Hotel Properties
FurnitureFixturesAndEquipmentReserveIncomeLeasedHotelProperties
12033000 USD
us-gaap Revenues
Revenues
974671000 USD
us-gaap Costs And Expenses
CostsAndExpenses
661054000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
253428000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
54000 USD
us-gaap Interest Expense
InterestExpense
100183000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
111000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
153410000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1188000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4882000 USD
us-gaap Net Income Loss
NetIncomeLoss
152222000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
219789000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
233000 USD
us-gaap Interest Expense
InterestExpense
101660000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
236000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
129200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3908000 USD
us-gaap Net Income Loss
NetIncomeLoss
125292000 USD
CY2011Q3 hpt Furniture Fixtures And Equipment Reserve Income Leased Hotel Properties
FurnitureFixturesAndEquipmentReserveIncomeLeasedHotelProperties
3389000 USD
CY2011Q3 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
168278000 USD
CY2011Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
57106000 USD
CY2011Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11292000 USD
CY2011Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
387000 USD
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
237063000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
81626000 USD
CY2011Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
11000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
33513000 USD
CY2011Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
28000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
48152000 USD
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
621000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
47531000 USD
hpt Furniture Fixtures And Equipment Reserve Income Leased Hotel Properties
FurnitureFixturesAndEquipmentReserveIncomeLeasedHotelProperties
13537000 USD
us-gaap Revenues
Revenues
914482000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
450845000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
171050000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30746000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1150000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
7263000 USD
CY2011Q4 us-gaap Assets
Assets
5133573000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
10602000 USD
CY2011Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
72305000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
230078000 USD
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
7984000 USD
CY2011Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
7470000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
22410000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40061000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
129812000 USD
CY2011Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-4877000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-2530000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-15000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-58000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4862000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2472000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42669000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
149750000 USD
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123465000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123453000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123465000 shares
CY2011Q4 us-gaap Other Liabilities
OtherLiabilities
103668000 USD
CY2011Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
3713000 USD
CY2011Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4754000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
2334271000 USD
CY2012Q3 us-gaap Liabilities
Liabilities
2597935000 USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
1235000 USD
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3463534000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123453000 shares
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
128143000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
45430000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
772000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2851000 USD
CY2011Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1614000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4623000 USD
CY2011Q4 us-gaap Land
Land
1360773000 USD
CY2011Q4 hpt Investment Building Improvements And Equipment
InvestmentBuildingImprovementsAndEquipment
4879908000 USD
CY2011Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6240681000 USD
CY2011Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1367868000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4872813000 USD
CY2011Q4 us-gaap Assets Held For Sale Property Plant And Equipment
AssetsHeldForSalePropertyPlantAndEquipment
18440000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8303000 USD
CY2011Q4 us-gaap Replacement Reserve Escrow
ReplacementReserveEscrow
50196000 USD
CY2011Q4 us-gaap Other Assets
OtherAssets
183821000 USD
CY2011Q4 us-gaap Line Of Credit
LineOfCredit
149000000 USD
CY2012Q3 us-gaap Unsecured Debt
UnsecuredDebt
400000000 USD
CY2011Q4 us-gaap Senior Notes
SeniorNotes
1887891000 USD
CY2011Q4 us-gaap Convertible Debt
ConvertibleDebt
78823000 USD
CY2011Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
106422000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2232953000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1605000 USD
CY2011Q4 hpt Cumulative Preferred Stock Distributions
CumulativePreferredStockDistributions
213281000 USD
CY2011Q4 hpt Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
3076883000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
2799302000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5133573000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
2774997000 USD
hpt Security Deposits Applied To Payment Shortfalls Noncash
SecurityDepositsAppliedToPaymentShortfallsNoncash
-27814000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-134000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3546000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-20413000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
8596000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
248728000 USD
us-gaap Real Estate Improvements
RealEstateImprovements
-45614000 USD
hpt Payments For Ff And E Reserve
PaymentsForFFAndEReserve
11425000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-18824000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
280107000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
400000000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
236250000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
70576000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1354000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3383000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
200000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
229000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6394000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
22410000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
166654000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-228299000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
1605000 USD
us-gaap Interest Paid
InterestPaid
117958000 USD
hpt Property Managers Deposits In Ff And E Reserve
PropertyManagersDepositsInFFAndEReserve
42497000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
-92795000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1366000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
8821000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
123196000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-379037000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6487000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17124000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
220863000 USD
CY2012Q3 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
5040000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6852000 USD
CY2012Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123637424 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
123521535 shares
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123521535 shares
CY2012Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2011Q3 us-gaap Revenues
Revenues
318689000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5372932000 USD
CY2011Q3 hpt Hotel Management Agreements And Leases Annual Rent Or Return Reduction
HotelManagementAgreementsAndLeasesAnnualRentOrReturnReduction
6653000 USD
us-gaap Costs And Expenses
CostsAndExpenses
754882000 USD
CY2012Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6597472000 USD
CY2012Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1501592000 USD
CY2012Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5095880000 USD
CY2012Q3 us-gaap Senior Notes
SeniorNotes
1993387000 USD
CY2012Q3 us-gaap Convertible Debt
ConvertibleDebt
8478000 USD
CY2012Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
88952000 USD
CY2012Q3 us-gaap Other Liabilities
OtherLiabilities
88100000 USD
CY2012Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
12354000 USD
CY2012Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6664000 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
1236000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2350261000 USD
CY2012Q3 hpt Cumulative Preferred Stock Distributions
CumulativePreferredStockDistributions
245329000 USD
CY2012Q3 hpt Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
3243672000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
73915000 USD
dei Entity Registrant Name
EntityRegistrantName
HOSPITALITY PROPERTIES TRUST
dei Entity Central Index Key
EntityCentralIndexKey
0000945394
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
123637424 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2012Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
123637424 shares
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29480000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
85260000 USD
CY2012Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
737000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2820000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-35000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-31000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123553000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123553000 shares
CY2012Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
10138000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
32048000 USD
CY2012Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1694000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4648000 USD
hpt Security Deposits Applied To Payment Shortfalls Noncash
SecurityDepositsAppliedToPaymentShortfallsNoncash
-17493000 USD
hpt Furniture Fixtures And Equipment Reserve Income
FurnitureFixturesAndEquipmentReserveIncome
16631000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
482000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5679000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-15354000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
8347000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
264662000 USD
us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
-150500000 USD
us-gaap Real Estate Improvements
RealEstateImprovements
-195089000 USD
hpt Payments For Ff And E Reserve
PaymentsForFFAndEReserve
67652000 USD
us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
5690000 USD
us-gaap Maturities Of Senior Debt
MaturitiesOfSeniorDebt
387829000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
378000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
527000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
32048000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
166789000 USD
us-gaap Interest Paid
InterestPaid
120153000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1535000 USD
hpt Property Managers Deposits In Ff And E Reserve
PropertyManagersDepositsInFFAndEReserve
17452000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
-101381000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2533000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
491975000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
6905000 USD
CY2012Q3 us-gaap Assets
Assets
5372932000 USD
CY2012Q3 us-gaap Land
Land
1412945000 USD
CY2012Q3 hpt Investment Building Improvements And Equipment
InvestmentBuildingImprovementsAndEquipment
5184527000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3466066000 USD
CY2012Q3 us-gaap Replacement Reserve Escrow
ReplacementReserveEscrow
38919000 USD
CY2012Q3 us-gaap Other Assets
OtherAssets
221009000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4455000 USD
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123577000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123577000 shares
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
34204000 USD

Files In Submission

Name View Source Status
0001104659-12-075222-index-headers.html Edgar Link pending
0001104659-12-075222-index.html Edgar Link pending
0001104659-12-075222.txt Edgar Link pending
0001104659-12-075222-xbrl.zip Edgar Link pending
a12-19982_110q.htm Edgar Link pending
a12-19982_1ex10d1.htm Edgar Link pending
a12-19982_1ex12d1.htm Edgar Link pending
a12-19982_1ex12d2.htm Edgar Link pending
a12-19982_1ex31d1.htm Edgar Link pending
a12-19982_1ex31d2.htm Edgar Link pending
a12-19982_1ex31d3.htm Edgar Link pending
a12-19982_1ex31d4.htm Edgar Link pending
a12-19982_1ex32d1.htm Edgar Link pending
a12-19982_1ex4d12.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
hpt-20120930.xml Edgar Link completed
hpt-20120930.xsd Edgar Link pending
hpt-20120930_cal.xml Edgar Link unprocessable
hpt-20120930_def.xml Edgar Link unprocessable
hpt-20120930_lab.xml Edgar Link unprocessable
hpt-20120930_pre.xml Edgar Link unprocessable
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
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending