2015 Q4 Form 10-K Financial Statement

#000161600016000089 Filed on March 10, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q1
Revenue $248.6M $248.5M $227.9M
YoY Change 8.11% 7.51% 4.28%
Cost Of Revenue $100.9M $155.7M $144.3M
YoY Change 8.96% 5.33% 0.92%
Gross Profit $147.7M $92.76M $83.53M
YoY Change 7.5% 11.39% 10.65%
Gross Profit Margin 59.41% 37.34% 36.65%
Selling, General & Admin $76.60M $76.30M $71.80M
YoY Change -9.56% -2.3% 3.16%
% of Gross Profit 51.86% 82.25% 85.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.00M $37.90M $35.30M
YoY Change 8.88% -19.53% -24.06%
% of Gross Profit 25.73% 40.86% 42.26%
Operating Expenses $114.6M $114.1M $108.2M
YoY Change -4.66% 0.18% 4.64%
Operating Profit $33.10M $29.53M $1.301M
YoY Change 92.44% 30.77% -93.04%
Interest Expense -$12.10M $12.50M $13.18M
YoY Change -12.95% -13.07% -8.77%
% of Operating Profit -36.56% 42.31% 1013.14%
Other Income/Expense, Net $1.500M $672.0K $2.687M
YoY Change -188.24% 1020.0% 2049.6%
Pretax Income $59.90M $17.71M -$9.298M
YoY Change 3052.63% 119.69% -208.04%
Income Tax -$2.000M -$140.0K $5.079M
% Of Pretax Income -3.34% -0.79%
Net Earnings $61.78M $18.10M -$14.87M
YoY Change -17.74% 90.61% -741.05%
Net Earnings / Revenue 24.85% 7.28% -6.52%
Basic Earnings Per Share $0.16 -$0.13
Diluted Earnings Per Share $552.8K $0.16 -$133.0K
COMMON SHARES
Basic Shares Outstanding 111.7M shares 111.7M shares 113.0M shares
Diluted Shares Outstanding 111.9M shares 113.0M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $122.2M $99.40M $238.1M
YoY Change -25.08% -21.42% 87.04%
Cash & Equivalents $122.2M $99.43M $238.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $23.50M $33.70M $35.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $145.7M $133.1M $273.1M
YoY Change -23.15% -15.71% 60.74%
LONG-TERM ASSETS
Property, Plant & Equipment $2.505B $2.693B $2.574B
YoY Change -3.02% 4.45% -28.46%
Goodwill $42.11M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $256.7M $180.3M $83.40M
YoY Change 186.18% -82.76% -39.43%
Total Long-Term Assets $2.860B $2.979B $2.757B
YoY Change 3.65% -19.93% -27.52%
TOTAL ASSETS
Total Short-Term Assets $145.7M $133.1M $273.1M
Total Long-Term Assets $2.860B $2.979B $2.757B
Total Assets $3.006B $3.112B $3.030B
YoY Change 1.93% -19.76% -23.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $83.20M $94.80M $80.00M
YoY Change -5.88% 25.4% 10.04%
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 $108.9M $131.8M $80.00M
YoY Change 23.19% 74.34% 10.04%
LONG-TERM LIABILITIES
Long-Term Debt $1.095B $1.186B $1.178B
YoY Change -15.48% -11.31% -38.25%
Other Long-Term Liabilities $59.20M $93.00M $70.00M
YoY Change 15.18% -84.01% 24.56%
Total Long-Term Liabilities $1.154B $1.279B $1.248B
YoY Change -14.31% -33.34% -36.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $108.9M $131.8M $80.00M
Total Long-Term Liabilities $1.154B $1.279B $1.248B
Total Liabilities $1.263B $1.411B $1.328B
YoY Change -11.59% -29.37% -34.86%
SHAREHOLDERS EQUITY
Retained Earnings -$269.0M -$305.0M -$295.3M
YoY Change 1.83%
Common Stock $1.117M $1.117M $1.117M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.727B $1.689B $1.698B
YoY Change
Total Liabilities & Shareholders Equity $3.006B $3.112B $3.030B
YoY Change 1.93% -19.76% -23.74%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q1
OPERATING ACTIVITIES
Net Income $61.78M $18.10M -$14.87M
YoY Change -17.74% 90.61% -741.05%
Depreciation, Depletion And Amortization $38.00M $37.90M $35.30M
YoY Change 8.88% -19.53% -24.06%
Cash From Operating Activities $51.30M $59.30M $4.936M
YoY Change -676.4% -16.95% -86.27%
INVESTING ACTIVITIES
Capital Expenditures -$49.60M -$254.9M -$17.10M
YoY Change 75.27% 2217.27% -91.06%
Acquisitions
YoY Change
Other Investing Activities $160.1M -$600.0K -$1.319M
YoY Change -85.05% -123.08% -86.91%
Cash From Investing Activities $110.6M -$255.6M -$22.89M
YoY Change -89.39% 2942.86% -88.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $36.95M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -148.9M 98.40M $93.03M
YoY Change -85.07% -219.71% -52.0%
NET CHANGE
Cash From Operating Activities 51.30M 59.30M $4.936M
Cash From Investing Activities 110.6M -255.6M -$22.89M
Cash From Financing Activities -148.9M 98.40M $93.03M
Net Change In Cash 13.00M -97.90M $75.08M
YoY Change -64.38% 409.9% 96.69%
FREE CASH FLOW
Cash From Operating Activities $51.30M $59.30M $4.936M
Capital Expenditures -$49.60M -$254.9M -$17.10M
Free Cash Flow $100.9M $314.2M $22.04M
YoY Change 420.1% 281.31% -90.3%

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DisposalGroupIncludingDiscontinuedOperationInterestExpense
32719000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
33012000 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
0 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
25136000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
42397000 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-511000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
156751000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
146229000 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
511000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
232521000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
224490000 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0 USD
CY2013 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
1621111000 USD
CY2014 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
4181380000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
93678000 USD
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
25684000 USD
CY2015 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
12000 USD
CY2013 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
CY2014 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
CY2015 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
132000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.45
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.20
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.08
CY2014Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.67
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.97
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.21
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.16
CY2015Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.55
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.79
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0856
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1445
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0709
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.0028
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0862
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0310
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0003
CY2015Q4 us-gaap Goodwill
Goodwill
42113000 USD
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-42223000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-67105000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5761000 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13445000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38895000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25556000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
42113000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0039
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0022
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.0152
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0250
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0192
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0146
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.0762
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.0217
CY2013 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
451000 USD
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15143000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17140000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22428000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18402000 USD
CY2013 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
114011000 USD
CY2014 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
158243000 USD
CY2015 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
167840000 USD
CY2013 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
168368000 USD
CY2014 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
235066000 USD
CY2015 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
259036000 USD
CY2015 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
GainLossOnFairValueHedgeIneffectivenessNet
0 USD
CY2013 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1564000 USD
CY2014 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
136385000 USD
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
43015000 USD
CY2013 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2014 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
693000 USD
CY2015 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
43015000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-20000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
40544000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
95426000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-45842000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
6687000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
20000000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5865000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6295000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-117000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-3496000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
6198000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1794000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
34679000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-14377000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
23750000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
17847000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
61911000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
89131000 USD
CY2013 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.40
CY2014 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.31
CY2015 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.79
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.40
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.31
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.79
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-5626000 USD
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-4368000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
2884000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3297000 USD
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
73307000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
75120000 USD
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-489000 USD
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-489000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.05
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.66
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-33000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4216000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3619000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2752000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-14778000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
14199000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
33393000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
14000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-159000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-199000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
642000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1015000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1706000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-617000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-3092000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-1930000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4673000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1525000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4459000 USD
CY2013 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
6831000 USD
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-1005000 USD
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
338000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
27481000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6095000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6425000 USD
CY2013 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-2178000 USD
CY2014 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-11209000 USD
CY2015 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-4203000 USD
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1965000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4898000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
14032000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
16544000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
3015000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3954000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
0 USD
CY2014 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
0 USD
CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-5521000 USD
CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
64541000 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
60515000 USD
CY2013 us-gaap Interest Expense
InterestExpense
52792000 USD
CY2014 us-gaap Interest Expense
InterestExpense
57427000 USD
CY2015 us-gaap Interest Expense
InterestExpense
50816000 USD
CY2013 us-gaap Interest Paid
InterestPaid
80461000 USD
CY2014 us-gaap Interest Paid
InterestPaid
79094000 USD
CY2015 us-gaap Interest Paid
InterestPaid
47054000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2532782000 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2847122000 USD
CY2014Q4 us-gaap Land
Land
319624000 USD
CY2015Q4 us-gaap Land
Land
374698000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
1428155000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1262587000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2949076000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3005945000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
97073000 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
28663000 USD
CY2013 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
0 USD
CY2014 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
0 USD
CY2015 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
96020000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-14866000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
23747000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
18098000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
61779000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
88758000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2013 us-gaap Loans Assumed1
LoansAssumed1
0 USD
CY2014 us-gaap Loans Assumed1
LoansAssumed1
11967000 USD
CY2015 us-gaap Loans Assumed1
LoansAssumed1
0 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
1288374000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
1122311000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
238000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
263734000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
62612000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
334200000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
196772000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
35959000 USD
CY2014Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0396
CY2015Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0351
CY2014Q4 us-gaap Minority Interest
MinorityInterest
3655000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
15929000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
869138000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-935234000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17380000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1025559000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
827513000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-216671000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
180586000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
181605000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
193152000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-51468000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
2319000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
22884000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
9495000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
75101000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
109799000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-251000 USD
CY2015Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
132000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-116000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-51468000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2319000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22884000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9495000 USD
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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75101000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
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1923000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5541000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
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5204000 USD
CY2014Q4 us-gaap Other Assets
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21205000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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109799000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14866000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23739000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18094000 USD
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
61779000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
88746000 USD
CY2013 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
1611000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
2044000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
10248000 USD
CY2013Q4 us-gaap Number Of Real Estate Properties
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99 property
CY2014Q4 us-gaap Number Of Real Estate Properties
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48 property
CY2015Q4 us-gaap Number Of Real Estate Properties
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50 property
CY2013Q4 us-gaap Number Of Units In Real Estate Property
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19337 unit
CY2014Q4 us-gaap Number Of Units In Real Estate Property
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12636 unit
CY2015Q4 us-gaap Number Of Units In Real Estate Property
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12548 unit
CY2015Q3 us-gaap Number Of Units In Real Estate Property
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411 unit
CY2013 us-gaap Occupancy Costs
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96444000 USD
CY2014 us-gaap Occupancy Costs
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140128000 USD
CY2015 us-gaap Occupancy Costs
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148492000 USD
CY2013 us-gaap Occupancy Revenue
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443267000 USD
CY2014 us-gaap Occupancy Revenue
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631901000 USD
CY2015 us-gaap Occupancy Revenue
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663224000 USD
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11715000 USD
CY2014 us-gaap Operating Income Loss
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94451000 USD
CY2015 us-gaap Operating Income Loss
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104072000 USD
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125910000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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3276000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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3276000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3276000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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3276000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3276000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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109530000 USD
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42156000 USD
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1543000 USD
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0 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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1543000 USD
CY2013 us-gaap Other Cost Of Services
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157385000 USD
CY2014 us-gaap Other Cost Of Services
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214272000 USD
CY2015 us-gaap Other Cost Of Services
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226108000 USD
CY2013 us-gaap Other Direct Costs Of Hotels
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21110000 USD
CY2014 us-gaap Other Direct Costs Of Hotels
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28556000 USD
CY2015 us-gaap Other Direct Costs Of Hotels
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17984000 USD
CY2013 us-gaap Other Hotel Operating Revenue
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40236000 USD
CY2014 us-gaap Other Hotel Operating Revenue
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59699000 USD
CY2015 us-gaap Other Hotel Operating Revenue
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53884000 USD
CY2014Q4 us-gaap Other Liabilities
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43404000 USD
CY2015Q4 us-gaap Other Liabilities
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27858000 USD
CY2013 us-gaap Other Noncash Income Expense
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45000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2015 us-gaap Other Noncash Income Expense
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-111000 USD
CY2013 us-gaap Other Nonoperating Income Expense
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-1113000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
324000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4916000 USD
CY2013 us-gaap Payments For Capital Improvements
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49782000 USD
CY2014 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
47267000 USD
CY2015 us-gaap Payments For Capital Improvements
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53782000 USD
CY2013 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 USD
CY2014 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 USD
CY2015 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
20000000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
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7328000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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-13535000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1068000 USD
CY2013 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
10000000 USD
CY2014 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
7891000 USD
CY2015 us-gaap Payments For Proceeds From Previous Acquisition
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0 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
36946000 USD
CY2013 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2014 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
137000 USD
CY2013 us-gaap Payments Of Capital Distribution
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1621111000 USD
CY2014 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
4168694000 USD
CY2015 us-gaap Payments Of Capital Distribution
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23505000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
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0 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
67706000 USD
CY2013 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2014 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12000 USD
CY2013 us-gaap Payments Of Financing Costs
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3772000 USD
CY2014 us-gaap Payments Of Financing Costs
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2083000 USD
CY2015 us-gaap Payments Of Financing Costs
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6819000 USD
CY2013 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2014 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
2944000 USD
CY2015 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2013 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
30000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2013 us-gaap Payments To Acquire Projects
PaymentsToAcquireProjects
11949000 USD
CY2014 us-gaap Payments To Acquire Projects
PaymentsToAcquireProjects
27031000 USD
CY2015 us-gaap Payments To Acquire Projects
PaymentsToAcquireProjects
36063000 USD
CY2013 us-gaap Pre Opening Costs
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0 USD
CY2014 us-gaap Pre Opening Costs
PreOpeningCosts
0 USD
CY2015 us-gaap Pre Opening Costs
PreOpeningCosts
1411000 USD
CY2013 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2014 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12000 USD
CY2014Q4 us-gaap Preferred Stock Liquidation Preference
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0
CY2015Q4 us-gaap Preferred Stock Liquidation Preference
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1000
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0.01
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0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
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0 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
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0 USD
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1600000 USD
CY2014 us-gaap Proceeds From Collection Of Notes Receivable
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0 USD
CY2015 us-gaap Proceeds From Collection Of Notes Receivable
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0 USD
CY2013 us-gaap Proceeds From Contributions From Parent
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2359889000 USD
CY2014 us-gaap Proceeds From Contributions From Parent
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3779389000 USD
CY2015 us-gaap Proceeds From Contributions From Parent
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176805000 USD
CY2013 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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122000 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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0 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2013 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2014 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
102000 USD
CY2013 us-gaap Proceeds From Issuance Of Secured Debt
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352249000 USD
CY2014 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
122940000 USD
CY2015 us-gaap Proceeds From Issuance Of Secured Debt
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64723000 USD
CY2013 us-gaap Proceeds From Issuance Of Unsecured Debt
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0 USD
CY2014 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
175000000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
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0 USD
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
127000000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
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2641704000 USD
CY2015Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
0 USD
CY2013 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
940525000 USD
CY2014 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
178022000 USD
CY2015 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
245138000 USD
CY2013 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
12743000 USD
CY2014 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1474000 USD
CY2015 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
0 USD
CY2013 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
11658000 USD
CY2014 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
20747000 USD
CY2013 us-gaap Proceeds From Minority Shareholders
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1611000 USD
CY2014 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2044000 USD
CY2015 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
10248000 USD
CY2013 us-gaap Proceeds From Sale Of Equity Method Investments
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2366000 USD
CY2014 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2015 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2013 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
11435000 USD
CY2014 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
1085451000 USD
CY2015 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
133412000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
-51468000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
109799000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
88642000 USD
CY2012Q4 us-gaap Real Estate Accumulated Depreciation
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603912000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
376510000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
505986000 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
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580285000 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
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928502000 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
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2847291000 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
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374698000 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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2654572000 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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373350000 USD
CY2015Q4 us-gaap Real Estate Federal Income Tax Basis
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3368000000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
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3249004000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
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2875766000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3048960000 USD
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3221989000 USD
CY2013 us-gaap Real Estate Improvements
RealEstateImprovements
98729000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
48489000 USD
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
50640000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
442882000 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
580285000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2892142000 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
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3221989000 USD
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2449260000 USD
CY2015 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
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1135000 USD
CY2015Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
192719000 USD
CY2015Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
1348000 USD
CY2014Q4 us-gaap Secured Debt
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1197563000 USD
CY2015Q4 us-gaap Secured Debt
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1094536000 USD
CY2013 us-gaap Service Management Costs
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37683000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1217977000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1818255000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1520921000 USD
CY2014 us-gaap Service Management Costs
ServiceManagementCosts
52104000 USD
CY2015 us-gaap Service Management Costs
ServiceManagementCosts
49818000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
6102000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
3485 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
606151 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
817640 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
924969 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
18.06
CY2013 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
32378 shares
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
102000 USD
CY2015 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
137000 USD
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
36946000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1517266000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1727429000 USD
CY2014 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
127000000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
86991000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
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77292000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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-264161000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-268991000 USD
CY2013 us-gaap Revenue From Leased And Owned Hotels
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651871000 USD
CY2014Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
218525000 USD
CY2014Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
247112000 USD
CY2014Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
231091000 USD
CY2014Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
229938000 USD
CY2014 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
926666000 USD
CY2015Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
227874000 USD
CY2015Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
251223000 USD
CY2015Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
248453000 USD
CY2015Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
248594000 USD
CY2015 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
976144000 USD
CY2013 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
101015000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
137476000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
142530000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1743358000 USD
CY2015 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
0 USD
CY2013 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
7683000 USD
CY2014 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 USD
CY2015 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 USD
CY2013 us-gaap Undistributed Earnings
UndistributedEarnings
-51468000 USD
CY2014 us-gaap Undistributed Earnings
UndistributedEarnings
109799000 USD
CY2015 us-gaap Undistributed Earnings
UndistributedEarnings
88614000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-2800000 USD
CY2014Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
41054000 USD
CY2015Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
77140000 USD
CY2014Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
27679000 USD
CY2015Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
48582000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
148537 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113397997 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113397997 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112138223 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113397997 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113397997 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111989686 shares
CY2013 xhr Allocationof Lineof Credit Assumed
AllocationofLineofCreditAssumed
88643000 USD
CY2014 xhr Allocationof Lineof Credit Assumed
AllocationofLineofCreditAssumed
7377000 USD
CY2015 xhr Allocationof Lineof Credit Assumed
AllocationofLineofCreditAssumed
0 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leases Net
AmortizationofAboveandBelowMarketLeasesNet
3761000 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leases Next Twelve Months
AmortizationofAboveandBelowMarketLeasesNextTwelveMonths
146000 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leases Year Five
AmortizationofAboveandBelowMarketLeasesYearFive
193000 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leases Year Four
AmortizationofAboveandBelowMarketLeasesYearFour
176000 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leases Year Three
AmortizationofAboveandBelowMarketLeasesYearThree
175000 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leases Year Two
AmortizationofAboveandBelowMarketLeasesYearTwo
217000 USD
CY2015Q4 xhr Amortizationof Aboveand Below Market Leasesafter Year Five
AmortizationofAboveandBelowMarketLeasesafterYearFive
2854000 USD
CY2013 xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
2564000 USD
CY2014 xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
4707000 USD
CY2015 xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
3709000 USD
CY2013 xhr Business Acquisition Pro Forma Earnings Per Share Basicand Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicandDiluted
-0.37
CY2014 xhr Business Acquisition Pro Forma Earnings Per Share Basicand Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicandDiluted
0.96
CY2015 xhr Business Acquisition Pro Forma Earnings Per Share Basicand Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicandDiluted
0.79
CY2015Q1 xhr Common Stock Distribution Spinoff Transaction Percentage
CommonStockDistributionSpinoffTransactionPercentage
0.95
CY2015Q1 xhr Common Stock Percentageof Tender Offer Relativeto Common Stock Outstanding
CommonStockPercentageofTenderOfferRelativetoCommonStockOutstanding
0.016
CY2015Q1 xhr Common Stock Quarterly Dividends Per Share Declared Not Prorated
CommonStockQuarterlyDividendsPerShareDeclaredNotProrated
0.23
CY2015Q1 xhr Common Stock Spinoff Transaction Conversion Ratio
CommonStockSpinoffTransactionConversionRatio
0.125
CY2015 xhr Common Stock Spinoff Transaction Conversion Ratio
CommonStockSpinoffTransactionConversionRatio
0.125
CY2013 xhr Contributionsfrom Parent Net
ContributionsfromParentNet
2271246000 USD
CY2014 xhr Contributionsfrom Parent Net
ContributionsfromParentNet
3772203000 USD
CY2015 xhr Contributionsfrom Parent Net
ContributionsfromParentNet
249767000 USD
CY2014Q4 xhr Deferred Tax Assets Basis Differenceon Property
DeferredTaxAssetsBasisDifferenceonProperty
0 USD
CY2015Q4 xhr Deferred Tax Assets Basis Differenceon Property
DeferredTaxAssetsBasisDifferenceonProperty
0 USD
CY2013 xhr Disposal Group Including Discontinued Operation Gain Loss On Sale Of Real Estate Held For Investment
DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfRealEstateHeldForInvestment
1564000 USD
CY2014 xhr Disposal Group Including Discontinued Operation Gain Loss On Sale Of Real Estate Held For Investment
DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfRealEstateHeldForInvestment
135692000 USD
CY2015 xhr Disposal Group Including Discontinued Operation Gain Loss On Sale Of Real Estate Held For Investment
DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfRealEstateHeldForInvestment
22000 USD
CY2013 xhr Disposal Group Including Discontinued Operation Gains Losseson Extinguishmentof Debt
DisposalGroupIncludingDiscontinuedOperationGainsLossesonExtinguishmentofDebt
-20000 USD
CY2014 xhr Disposal Group Including Discontinued Operation Gains Losseson Extinguishmentof Debt
DisposalGroupIncludingDiscontinuedOperationGainsLossesonExtinguishmentofDebt
-65391000 USD
CY2015 xhr Disposal Group Including Discontinued Operation Gains Losseson Extinguishmentof Debt
DisposalGroupIncludingDiscontinuedOperationGainsLossesonExtinguishmentofDebt
0 USD
CY2013 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperations
17241000 USD
CY2014 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperations
-8786000 USD
CY2015 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperations
-27783000 USD
CY2013 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations Percent
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperationsPercent
-0.4083
CY2014 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations Percent
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperationsPercent
-0.2166
CY2015 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations Percent
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperationsPercent
-0.2868
CY2013 xhr Fair Valueof Assets Acquiredfrom Joint Venture
FairValueofAssetsAcquiredfromJointVenture
0 USD
CY2014 xhr Fair Valueof Assets Acquiredfrom Joint Venture
FairValueofAssetsAcquiredfromJointVenture
21833000 USD
CY2015 xhr Fair Valueof Assets Acquiredfrom Joint Venture
FairValueofAssetsAcquiredfromJointVenture
0 USD
CY2013 xhr Fair Valueof Liabilities Acquiredfrom Joint Venture
FairValueofLiabilitiesAcquiredfromJointVenture
0 USD
CY2014 xhr Fair Valueof Liabilities Acquiredfrom Joint Venture
FairValueofLiabilitiesAcquiredfromJointVenture
446000 USD
CY2015 xhr Fair Valueof Liabilities Acquiredfrom Joint Venture
FairValueofLiabilitiesAcquiredfromJointVenture
0 USD
CY2013 xhr Gains Losseson Extinguishmentof Debt Including Assets Heldfor Sale
GainsLossesonExtinguishmentofDebtIncludingAssetsHeldforSale
0 USD
CY2014 xhr Gains Losseson Extinguishmentof Debt Including Assets Heldfor Sale
GainsLossesonExtinguishmentofDebtIncludingAssetsHeldforSale
-1713000 USD
CY2015 xhr Gains Losseson Extinguishmentof Debt Including Assets Heldfor Sale
GainsLossesonExtinguishmentofDebtIncludingAssetsHeldforSale
-5761000 USD
CY2013 xhr Income Loss And Impairments From Equity Method Investments
IncomeLossAndImpairmentsFromEquityMethodInvestments
-33000 USD
CY2014 xhr Income Loss And Impairments From Equity Method Investments
IncomeLossAndImpairmentsFromEquityMethodInvestments
4216000 USD
CY2015 xhr Income Loss And Impairments From Equity Method Investments
IncomeLossAndImpairmentsFromEquityMethodInvestments
0 USD
CY2015 xhr Income Tax Expense Benefit Associatedwith Gain Losson Property Disposal
IncomeTaxExpenseBenefitAssociatedwithGainLossonPropertyDisposal
1900000 USD
CY2013 xhr Increase Decreasein Prepayment Penaltiesand Defeasance Fees
IncreaseDecreaseinPrepaymentPenaltiesandDefeasanceFees
0 USD
CY2014 xhr Increase Decreasein Prepayment Penaltiesand Defeasance Fees
IncreaseDecreaseinPrepaymentPenaltiesandDefeasanceFees
-65415000 USD
CY2015 xhr Increase Decreasein Prepayment Penaltiesand Defeasance Fees
IncreaseDecreaseinPrepaymentPenaltiesandDefeasanceFees
-5267000 USD
CY2015Q4 xhr Longterm Debt Including Assets Heldfor Sale
LongtermDebtIncludingAssetsHeldforSale
1122311000 USD
CY2015Q4 xhr Longterm Debt Maturities Repaymentsof Principal After Year Five Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalAfterYearFiveWeightedAverageInterestRate
0.0324
CY2015Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Next Twelve Months Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinNextTwelveMonthsWeightedAverageInterestRate
0.0520
CY2015Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Five Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFiveWeightedAverageInterestRate
0.0314
CY2015Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Four Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFourWeightedAverageInterestRate
0.0259
CY2015Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Three Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearThreeWeightedAverageInterestRate
0.0310
CY2015Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Two Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearTwoWeightedAverageInterestRate
0.0446
CY2013 xhr Noncash Transaction Distributionto Related Party
NoncashTransactionDistributiontoRelatedParty
0 USD
CY2014 xhr Noncash Transaction Distributionto Related Party
NoncashTransactionDistributiontoRelatedParty
0 USD
CY2015 xhr Noncash Transaction Distributionto Related Party
NoncashTransactionDistributiontoRelatedParty
-413000 USD
CY2014Q4 xhr Numberof Hotelswith Holding Period Reduction
NumberofHotelswithHoldingPeriodReduction
2 property
CY2014 xhr Numberof Real Estate Properties Includedin Continuing Operations
NumberofRealEstatePropertiesIncludedinContinuingOperations
3 property
CY2013 xhr Paymentsto Acquire Businesses Gross Intangible Assets
PaymentstoAcquireBusinessesGrossIntangibleAssets
12534000 USD
CY2014 xhr Paymentsto Acquire Businesses Gross Intangible Assets
PaymentstoAcquireBusinessesGrossIntangibleAssets
12410000 USD
CY2015 xhr Paymentsto Acquire Businesses Gross Intangible Assets
PaymentstoAcquireBusinessesGrossIntangibleAssets
0 USD
CY2013 xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
942945000 USD
CY2014 xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
178776000 USD
CY2015 xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
245260000 USD
CY2013 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
29763000 USD
CY2014 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
44625000 USD
CY2015 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
49717000 USD
CY2015Q4 xhr Recourse Debt
RecourseDebt
23100000 USD
CY2015 xhr Related Party Transaction Loan Placement Percentage
RelatedPartyTransactionLoanPlacementPercentage
0.002
CY2013 xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
197247000 USD
CY2014 xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
648872000 USD
CY2015 xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
300894000 USD
CY2013 xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
12481000 USD
CY2014 xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
12067000 USD
CY2015 xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
8239000 USD
CY2013 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Accumulated Deprecation Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationAccumulatedDeprecationPropertiesClassifiedasHeldforSale
343070000 USD
CY2014 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Accumulated Deprecation Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationAccumulatedDeprecationPropertiesClassifiedasHeldforSale
0 USD
CY2015 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Accumulated Deprecation Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationAccumulatedDeprecationPropertiesClassifiedasHeldforSale
22353000 USD
CY2013 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpensePropertiesClassifiedasHeldforSale
50356000 USD
CY2014 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpensePropertiesClassifiedasHeldforSale
0 USD
CY2015 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpensePropertiesClassifiedasHeldforSale
1893000 USD
CY2013 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Disposalsand Write Offs
SECScheduleIIIRealEstateAccumulatedDepreciationDisposalsandWriteOffs
35703000 USD
CY2014 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Disposalsand Write Offs
SECScheduleIIIRealEstateAccumulatedDepreciationDisposalsandWriteOffs
8000000 USD
CY2015 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Disposalsand Write Offs
SECScheduleIIIRealEstateAccumulatedDepreciationDisposalsandWriteOffs
47771000 USD
CY2013 xhr Sec Schedule Iii Real Estate Disposalsand Write Offs
SECScheduleIIIRealEstateDisposalsandWriteOffs
133395000 USD
CY2014 xhr Sec Schedule Iii Real Estate Disposalsand Write Offs
SECScheduleIIIRealEstateDisposalsandWriteOffs
53317000 USD
CY2015 xhr Sec Schedule Iii Real Estate Disposalsand Write Offs
SECScheduleIIIRealEstateDisposalsandWriteOffs
141265000 USD
CY2013 xhr Sec Schedule Iii Real Estate Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstatePropertiesClassifiedasHeldforSale
1279097000 USD
CY2014 xhr Sec Schedule Iii Real Estate Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstatePropertiesClassifiedasHeldforSale
0 USD
CY2015 xhr Sec Schedule Iii Real Estate Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstatePropertiesClassifiedasHeldforSale
56862000 USD
CY2013 xhr Sec Schedule Iii Real Estate Reclassesof Properties Under Development
SECScheduleIIIRealEstateReclassesofPropertiesUnderDevelopment
0 USD
CY2014 xhr Sec Schedule Iii Real Estate Reclassesof Properties Under Development
SECScheduleIIIRealEstateReclassesofPropertiesUnderDevelopment
0 USD
CY2015 xhr Sec Schedule Iii Real Estate Reclassesof Properties Under Development
SECScheduleIIIRealEstateReclassesofPropertiesUnderDevelopment
75378000 USD
CY2013 xhr Separationand Other Start Up Costs
SeparationandOtherStartUpCosts
0 USD
CY2014 xhr Separationand Other Start Up Costs
SeparationandOtherStartUpCosts
0 USD
CY2015 xhr Separationand Other Start Up Costs
SeparationandOtherStartUpCosts
26887000 USD
CY2015 xhr Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Expiredin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpiredinPeriod
0 shares
CY2015 xhr Sharebased Compensation Arrangementby Sharebased Payment Award Non Option Equity Instruments Adjustment
SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsAdjustment
462959 shares
CY2013 xhr Undistributed Earningsfrom Continuing Operations
UndistributedEarningsfromContinuingOperations
-45842000 USD
CY2014 xhr Undistributed Earningsfrom Continuing Operations
UndistributedEarningsfromContinuingOperations
34679000 USD
CY2015 xhr Undistributed Earningsfrom Continuing Operations
UndistributedEarningsfromContinuingOperations
89103000 USD
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"></font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">Organization</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">Xenia Hotels &amp; Resorts, Inc. (the "Company" or "Xenia") is a Maryland corporation that invests primarily in premium full service, lifestyle and urban upscale hotels. Prior to February 3, 2015, Xenia was a wholly owned subsidiary of InvenTrust Properties Corp. ("InvenTrust" formerly known as Inland American Real Estate Trust, Inc.), its former parent.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">On February 3, 2015, Xenia was spun off from InvenTrust through a taxable pro rata distribution by InvenTrust of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">95%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> of the outstanding common stock, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$0.01</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> par value per share (the "Common Stock"), of Xenia to holders of record of InvenTrust's common stock as of the close of business on January 20, 2015 (the "Record Date"). Each holder of record of InvenTrust's common stock received one share of Common Stock for every eight shares of InvenTrust&#8217;s common stock held at the close of business on the Record Date (the "Distribution"). In lieu of fractional shares, stockholders of InvenTrust received cash. On February 4, 2015, Xenia&#8217;s Common Stock began trading on the New York Stock Exchange ("NYSE") under the ticker symbol "XHR." As a result of the Distribution, the Company became a stand-alone, publicly-traded company. Xenia intends to qualify as a real estate investment trust ("REIT") for federal income tax purposes.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">Substantially all of the Company's assets are held by, and all the operations are conducted through XHR LP (the "Operating Partnership"). XHR GP, Inc. is the sole general partner of XHR LP. XHR GP, Inc. is wholly owned by the Company. At </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December&#160;31, 2015</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company owned </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">99.5%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> of the common limited partnership units issued by the Operating Partnership ("common units"). The remaining </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">0.5%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> of the common units are owned by the other limited partners which includes executive officers and members of our board of directors. To qualify as a REIT, the Company cannot operate or manage its hotels. Therefore, the Operating Partnership and its subsidiaries lease the hotel properties to XHR Holding Inc. (collectively with its subsidiaries, "XHR Holding"), the Company's taxable REIT subsidiary ("TRS"), which engages third-party eligible independent operators to manage the hotels. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">The accompanying combined consolidated financial statements include the accounts of the Company, the Operating Partnership, XHR Holding, as well as all wholly owned subsidiaries and consolidated joint venture investments. The Company's subsidiaries and joint ventures generally consist of limited liability companies ("LLCs"), limited partnerships ("LPs") and the TRS. The effects of all significant inter-company transactions have been eliminated. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December&#160;31, 2015</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company owned </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">50</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> lodging properties, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">48</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> of which were wholly owned, with a total of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">12,548</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> rooms (unaudited), including a </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">75%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> ownership interest in </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">two</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> hotels owned through </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">two</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> consolidated joint ventures. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company owned </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">48</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> lodging properties, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">46</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> of which were wholly owned, with </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">12,636</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> rooms (unaudited), including a </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">75%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> ownership interest in </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">two</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> hotels under development. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December&#160;31, 2013</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company owned </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">99</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> lodging properties with </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">19,337</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> rooms (unaudited), including </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">52</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> hotels with </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">6,976</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> rooms (unaudited) classified as held for sale.</font></div></div>
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:start;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:underline;">Reclassifications and Revisions</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">Certain reclassifications were made on the combined consolidated balance sheet as of December 31, 2014 to present the hotel assets sold in 2015 as assets held for sale and liabilities associated with assets held for sale. See Note </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">4</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> for further information. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:13px;text-align:left;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">Certain reclassifications have been made to the combined consolidated statements of operations and comprehensive income for the years ended December 31, 2014 and 2013 to disaggregate real estate taxes, personal property taxes, insurance, ground leases, general and administrative and acquisition transaction costs to conform to the presentation for the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">year ended</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December&#160;31, 2015</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">Additionally, upon the early adoption of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">ASU No. 2015-03, Interest&#8212;Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, the Company made </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">reclassifications of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$8.3 million</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$6.7 million</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> to present deferred loan costs in debt on the combined consolidated balance sheets as of December 31, 2015 and 2014, respectively, which were previously included in other assets.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:start;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">The preparation of the combined consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and revenues and expenses. These estimates are prepared using management's best judgment, after considering past, current and expected economic conditions. Actual results could differ from these estimates.</font></div></div>

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