2017 Q4 Form 10-Q Financial Statement

#000161600017000094 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q1
Revenue $259.1M $223.3M $218.5M
YoY Change 17.9% -4.56% -7.05%
Cost Of Revenue $108.4M $143.6M $140.5M
YoY Change 21.25% 0.34% -8.3%
Gross Profit $150.7M $79.66M $77.99M
YoY Change 15.57% -12.27% -4.71%
Gross Profit Margin 58.15% 35.68% 35.7%
Selling, General & Admin $85.40M $71.50M $73.00M
YoY Change 22.35% -2.99% -9.65%
% of Gross Profit 56.67% 89.75% 93.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.40M $37.60M $36.28M
YoY Change 12.77% -0.79% -5.02%
% of Gross Profit 28.14% 47.2% 46.52%
Operating Expenses $127.8M $109.0M $109.5M
YoY Change 19.22% -2.24% -8.52%
Operating Profit $22.90M $20.98M $20.39M
YoY Change -1.29% -34.68% 82.85%
Interest Expense -$13.40M $11.60M $10.15M
YoY Change 32.67% -6.26% -20.95%
% of Operating Profit -58.52% 55.28% 49.78%
Other Income/Expense, Net $100.0K $428.0K $152.0K
YoY Change -96.0% -42.01% 80.95%
Pretax Income $10.00M $11.38M $10.39M
YoY Change -77.68% -43.78% -290.21%
Income Tax -$400.0K -$385.0K $2.166M
% Of Pretax Income -4.0% -3.38% 20.84%
Net Earnings $9.824M $11.77M $8.227M
YoY Change -79.85% -41.87% -192.28%
Net Earnings / Revenue 3.79% 5.27% 3.77%
Basic Earnings Per Share
Diluted Earnings Per Share $90.65K $108.4K $75.70K
COMMON SHARES
Basic Shares Outstanding 106.7M shares 106.7M shares 106.8M shares
Diluted Shares Outstanding 107.0M shares 107.1M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.90M $450.4M $202.4M
YoY Change -66.73% 143.07% 26.82%
Cash & Equivalents $71.88M $450.4M $202.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $35.90M $34.50M $32.30M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $107.8M $484.9M $234.7M
YoY Change -54.91% 121.52% 22.49%
LONG-TERM ASSETS
Property, Plant & Equipment $2.691B $2.434B $2.405B
YoY Change 10.12% -4.27% -8.67%
Goodwill $39.83M
YoY Change -5.43%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $212.4M $62.90M $85.90M
YoY Change 192.97% -27.95% -46.88%
Total Long-Term Assets $3.008B $2.604B $2.600B
YoY Change 14.74% -4.55% -10.29%
TOTAL ASSETS
Total Short-Term Assets $107.8M $484.9M $234.7M
Total Long-Term Assets $3.008B $2.604B $2.600B
Total Assets $3.115B $3.089B $2.834B
YoY Change 8.91% 4.81% -8.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $77.00M $79.90M $65.50M
YoY Change 6.94% -2.2% -12.55%
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 $106.9M $109.8M $95.40M
YoY Change 4.91% -1.79% -8.97%
LONG-TERM LIABILITIES
Long-Term Debt $1.323B $1.286B $1.077B
YoY Change 22.79% 9.99% -16.51%
Other Long-Term Liabilities $40.70M $36.10M $29.80M
YoY Change 36.58% -16.05% -33.03%
Total Long-Term Liabilities $1.363B $1.322B $1.107B
YoY Change 23.16% 9.07% -17.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $106.9M $109.8M $95.40M
Total Long-Term Liabilities $1.363B $1.322B $1.107B
Total Liabilities $1.470B $1.432B $1.202B
YoY Change 21.63% 8.14% -16.48%
SHAREHOLDERS EQUITY
Retained Earnings -$321.0M -$301.2M -$323.4M
YoY Change 6.27% -6.25% 5.1%
Common Stock $1.068M $1.068M $1.069M
YoY Change 0.0% -0.47% -1.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.615B $1.628B $1.609B
YoY Change
Total Liabilities & Shareholders Equity $3.115B $3.089B $2.834B
YoY Change 8.91% 4.81% -8.25%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q1
OPERATING ACTIVITIES
Net Income $9.824M $11.77M $8.227M
YoY Change -79.85% -41.87% -192.28%
Depreciation, Depletion And Amortization $42.40M $37.60M $36.28M
YoY Change 12.77% -0.79% -5.02%
Cash From Operating Activities $41.60M $61.10M $34.22M
YoY Change -26.76% 2.52% 0.96%
INVESTING ACTIVITIES
Capital Expenditures -$436.9M -$20.20M -$13.20M
YoY Change 2010.63% 12.85% -89.29%
Acquisitions
YoY Change
Other Investing Activities $6.000M $11.50M $0.00
YoY Change -95.15% -776.47%
Cash From Investing Activities -$431.0M -$8.600M -$13.21M
YoY Change -518.45% -56.12% -85.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.787M
YoY Change -96.37%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.400M 192.1M -$36.46M
YoY Change -104.72% -244.76% -139.75%
NET CHANGE
Cash From Operating Activities 41.60M 61.10M $34.22M
Cash From Investing Activities -431.0M -8.600M -$13.21M
Cash From Financing Activities 6.400M 192.1M -$36.46M
Net Change In Cash -383.0M 244.6M -$15.46M
YoY Change -1689.21% -363.86% -141.3%
FREE CASH FLOW
Cash From Operating Activities $41.60M $61.10M $34.22M
Capital Expenditures -$436.9M -$20.20M -$13.20M
Free Cash Flow $478.5M $81.30M $47.42M
YoY Change 517.42% 4.9% -69.84%

Facts In Submission

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76912000 USD
CY2017Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
74655000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
12373000 USD
us-gaap Interest Expense
InterestExpense
38014000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
11599000 USD
us-gaap Interest Expense
InterestExpense
32896000 USD
us-gaap Interest Paid
InterestPaid
31027000 USD
us-gaap Interest Paid
InterestPaid
30467000 USD
CY2017Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
400000 USD
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
1900000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2732062000 USD
CY2017Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2728321000 USD
CY2016Q4 us-gaap Land
Land
331502000 USD
CY2017Q3 us-gaap Land
Land
335805000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1208778000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
1431714000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2860345000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3088632000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
1077132000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
1285891000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
777138000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
179219000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
60447000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
273093000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3471000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
579000 USD
CY2016Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0324
CY2017Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0360
CY2017Q3 us-gaap Loss From Catastrophes
LossFromCatastrophes
950000 USD
us-gaap Loss From Catastrophes
LossFromCatastrophes
950000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
21970000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
28532000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
359000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-107738000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
111740000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
6004000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-56641000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
172876000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
171192000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
189000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
307000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
129000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1824000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20242000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37096000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11638000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89169000 USD
CY2016Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-84000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-205000 USD
CY2017Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-130000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-75000 USD
CY2016Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
303000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
362000 USD
CY2017Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
262000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1897000 USD
CY2017Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
36 property
CY2016Q3 us-gaap Occupancy Costs
OccupancyCosts
36854000 USD
us-gaap Occupancy Costs
OccupancyCosts
111812000 USD
CY2017Q3 us-gaap Occupancy Costs
OccupancyCosts
35427000 USD
us-gaap Occupancy Costs
OccupancyCosts
104406000 USD
CY2016Q3 us-gaap Occupancy Revenue
OccupancyRevenue
167066000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
507361000 USD
CY2017Q3 us-gaap Occupancy Revenue
OccupancyRevenue
152942000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
462261000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
32124000 USD
CY2017Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
3441000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
9750000 USD
CY2016Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
11193000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
37515000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
88345000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
20983000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
80320000 USD
CY2016Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1356000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4112000 USD
CY2017Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1393000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4178000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
10006000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
950000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
29819000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
31911000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-11414000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-16000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-972000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2869000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-412000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1916000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1400000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1362000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-14283000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-14300000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-258000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1932000 USD
CY2016Q3 us-gaap Other Cost Of Services
OtherCostOfServices
55076000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
170957000 USD
CY2017Q3 us-gaap Other Cost Of Services
OtherCostOfServices
54737000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
163067000 USD
CY2016Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
1520000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
9571000 USD
CY2017Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
13694000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
38851000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
29810000 USD
CY2017Q3 us-gaap Other Liabilities
OtherLiabilities
36060000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
738000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
916000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
428000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
766000 USD
CY2017Q3 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
1200000 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
1200000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
38091000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
52113000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4103000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
215000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
125000000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
6000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
66261000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4100000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4103000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
85271000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
88893000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
646000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3241000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
561000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1850000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
71258000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
125000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
80000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
341000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-179000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-359000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
160095000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
204353000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
20431000 USD
us-gaap Profit Loss
ProfitLoss
37403000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
11767000 USD
us-gaap Profit Loss
ProfitLoss
90993000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
619975000 USD
CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
629920000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3063564000 USD
CY2017Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3064126000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2443589000 USD
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2434206000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
80000000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
85582000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
70973000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
62877000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-302034000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-301217000 USD
CY2016Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
233946000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
730360000 USD
CY2017Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
223289000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
686142000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
1077132000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
1285891000 USD
CY2016Q3 us-gaap Service Management Costs
ServiceManagementCosts
11459000 USD
us-gaap Service Management Costs
ServiceManagementCosts
37486000 USD
CY2017Q3 us-gaap Service Management Costs
ServiceManagementCosts
9393000 USD
us-gaap Service Management Costs
ServiceManagementCosts
32493000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7049000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7587000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
1200000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
962253 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1741534 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2333921 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
10.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
363965 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
240352 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1629597000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
1628386000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1651567000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1656918000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.07
CY2016Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2017Q3 xhr Effective Income Tax Rate Reconciliation At Combined Federaland State Statutory Rate
EffectiveIncomeTaxRateReconciliationAtCombinedFederalandStateStatutoryRate
0.4298
xhr Effective Income Tax Rate Reconciliation At Combined Federaland State Statutory Rate
EffectiveIncomeTaxRateReconciliationAtCombinedFederalandStateStatutoryRate
0.4298
xhr Increase Decreasein Prepayment Penaltiesand Defeasance Fees
IncreaseDecreaseinPrepaymentPenaltiesandDefeasanceFees
-4813000 USD
xhr Increase Decreasein Prepayment Penaltiesand Defeasance Fees
IncreaseDecreaseinPrepaymentPenaltiesandDefeasanceFees
0 USD
CY2017Q3 xhr Longterm Debt Maturities Repaymentsof Principal After Year Five Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalAfterYearFiveWeightedAverageInterestRate
0.0382
CY2017Q3 xhr Longterm Debt Maturities Repaymentsof Principalin Next Twelve Months Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinNextTwelveMonthsWeightedAverageInterestRate
0.0398
CY2017Q3 xhr Longterm Debt Maturities Repaymentsof Principalin Year Five Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFiveWeightedAverageInterestRate
0.0278
CY2017Q3 xhr Longterm Debt Maturities Repaymentsof Principalin Year Four Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFourWeightedAverageInterestRate
0.0382
CY2017Q3 xhr Longterm Debt Maturities Repaymentsof Principalin Year Three Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearThreeWeightedAverageInterestRate
0.0345
CY2017Q3 xhr Longterm Debt Maturities Repaymentsof Principalin Year Two Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearTwoWeightedAverageInterestRate
0.0416
CY2016Q3 xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-84000 USD
xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-205000 USD
CY2017Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
20115000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
36756000 USD
CY2017Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
11478000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
88705000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
74440000 USD
CY2017Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
71500000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
47828000 USD
CY2017Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
47169000 USD
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
139148 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
111124 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
268557 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
240851 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107677749 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108495365 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106995887 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107020675 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107538601 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108384241 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106727330 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106779824 shares
xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
2547000 USD
xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
1963000 USD
CY2016Q3 xhr Effective Income Tax Rate Reconciliation At Combined Federaland State Statutory Rate
EffectiveIncomeTaxRateReconciliationAtCombinedFederalandStateStatutoryRate
0.3937
xhr Effective Income Tax Rate Reconciliation At Combined Federaland State Statutory Rate
EffectiveIncomeTaxRateReconciliationAtCombinedFederalandStateStatutoryRate
0.3937
CY2017Q3 xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-130000 USD
xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-75000 USD
CY2016Q3 xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
273000 USD
xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
512000 USD
CY2017Q3 xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
259000 USD
xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
1899000 USD
xhr Numberof Hotels With Reduction In Holding Period
NumberofHotelsWithReductionInHoldingPeriod
2 property
xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
116000000 USD
xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
202881000 USD
CY2016Q3 xhr Prepayment And Extinguishment Fees On Repayment Of Debt
PrepaymentAndExtinguishmentFeesOnRepaymentOfDebt
200000 USD
xhr Prepayment And Extinguishment Fees On Repayment Of Debt
PrepaymentAndExtinguishmentFeesOnRepaymentOfDebt
5000000 USD
CY2016Q3 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
12300000 USD
xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
34875000 USD
CY2017Q3 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
10152000 USD
xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
32208000 USD
CY2017Q3 xhr Recourse Debt
RecourseDebt
0 USD
xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
147042000 USD
xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
127876000 USD
xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
4377000 USD
xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
1938000 USD
xhr Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Expiredin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpiredinPeriod
5901 shares
CY2017Q3 xhr Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Vested Number
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsVestedNumber
619501 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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;">Risks and Uncertainties</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 Company had a geographical concentration risk for the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">three and nine months 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;">September&#160;30, 2017</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;">2016</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, which was related to revenues generated from hotels located in the following markets:</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:0px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nine Months Ended September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Market</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Houston, TX</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Orlando, FL</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">For the </font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">three and nine months ended</font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> </font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">September&#160;30, 2017</font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">2016</font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company owned three and four hotels in the Houston, TX market, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">For the </font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">three and nine months ended</font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> </font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">September&#160;30, 2017</font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">2016</font><font style="font-family:Times New Roman;font-size:8pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company owned three and two hotels in the Orlando, FL market, respectively.</font></div></td></tr></table><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;">To the extent that there are adverse changes in these markets, or the industry sectors that operate in these markets, our business and operating results could be negatively impacted. The state of the overall economy can significantly impact hotel operational performance and thus, impact the Company's financial position. Should any of our hotels experience a significant decline in operational performance, it may affect the Company's ability to make distributions to our stockholders and service debt or meet other financial obligations.</font></div></div>
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 and lifestyle hotels, with a focus on the top 25 lodging markets as well as key leisure destinations in the United States ("U.S."). </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 and is wholly owned by the Company. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">September&#160;30, 2017</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">, the Company collectively owned </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">98%</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;">2%</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. To qualify as a real estate investment trust ("REIT"), the Company cannot operate or manage its hotels. Therefore, the Operating Partnership and its subsidiaries lease the hotel properties to XHR Holding, Inc. and its subsidiaries (collectively with its subsidiaries, "XHR Holding"), the Company's taxable REIT subsidiary ("TRS"), which engages third-party eligible independent contractors 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;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">September&#160;30, 2017</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;">36</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;">34</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. The remaining </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 are owned through individual investments in real estate entities, in which the Company has 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 each investment.</font></div></div>
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 condensed 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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