2017 Q4 Form 10-K Financial Statement

#000161600018000044 Filed on February 27, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $259.1M $223.3M $244.4M
YoY Change 17.9% -4.56% -6.5%
Cost Of Revenue $108.4M $143.6M $147.6M
YoY Change 21.25% 0.34% -5.36%
Gross Profit $150.7M $79.66M $96.78M
YoY Change 15.57% -12.27% -8.18%
Gross Profit Margin 58.15% 35.68% 39.6%
Selling, General & Admin $85.40M $71.50M $75.00M
YoY Change 22.35% -2.99% -5.54%
% of Gross Profit 56.67% 89.75% 77.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.40M $37.60M $36.70M
YoY Change 12.77% -0.79% -4.68%
% of Gross Profit 28.14% 47.2% 37.92%
Operating Expenses $127.8M $109.0M $111.6M
YoY Change 19.22% -2.24% -5.18%
Operating Profit $22.90M $20.98M $38.95M
YoY Change -1.29% -34.68% -13.59%
Interest Expense -$13.40M $11.60M $11.15M
YoY Change 32.67% -6.26% -12.93%
% of Operating Profit -58.52% 55.28% 28.62%
Other Income/Expense, Net $100.0K $428.0K $186.0K
YoY Change -96.0% -42.01% 97.87%
Pretax Income $10.00M $11.38M $76.89M
YoY Change -77.68% -43.78% 138.51%
Income Tax -$400.0K -$385.0K $5.889M
% Of Pretax Income -4.0% -3.38% 7.66%
Net Earnings $9.824M $11.77M $71.00M
YoY Change -79.85% -41.87% 175.53%
Net Earnings / Revenue 3.79% 5.27% 29.05%
Basic Earnings Per Share
Diluted Earnings Per Share $90.65K $108.4K $641.4K
COMMON SHARES
Basic Shares Outstanding 106.7M shares 106.7M shares 106.8M shares
Diluted Shares Outstanding 107.0M shares 107.0M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.90M $450.4M $201.8M
YoY Change -66.73% 143.07% -27.44%
Cash & Equivalents $71.88M $450.4M $201.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $35.90M $34.50M $36.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $107.8M $484.9M $238.2M
YoY Change -54.91% 121.52% -22.16%
LONG-TERM ASSETS
Property, Plant & Equipment $2.691B $2.434B $2.451B
YoY Change 10.12% -4.27% -4.54%
Goodwill $39.83M
YoY Change -5.43%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $212.4M $62.90M $83.00M
YoY Change 192.97% -27.95% -3.6%
Total Long-Term Assets $3.008B $2.604B $2.636B
YoY Change 14.74% -4.55% -4.12%
TOTAL ASSETS
Total Short-Term Assets $107.8M $484.9M $238.2M
Total Long-Term Assets $3.008B $2.604B $2.636B
Total Assets $3.115B $3.089B $2.874B
YoY Change 8.91% 4.81% -5.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $77.00M $79.90M $71.90M
YoY Change 6.94% -2.2% -7.46%
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 $101.8M
YoY Change 4.91% -1.79% -5.57%
LONG-TERM LIABILITIES
Long-Term Debt $1.323B $1.286B $1.063B
YoY Change 22.79% 9.99% -16.0%
Other Long-Term Liabilities $40.70M $36.10M $36.70M
YoY Change 36.58% -16.05% -23.86%
Total Long-Term Liabilities $1.363B $1.322B $1.100B
YoY Change 23.16% 9.07% -16.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $106.9M $109.8M $101.8M
Total Long-Term Liabilities $1.363B $1.322B $1.100B
Total Liabilities $1.470B $1.432B $1.202B
YoY Change 21.63% 8.14% -15.48%
SHAREHOLDERS EQUITY
Retained Earnings -$321.0M -$301.2M -$283.4M
YoY Change 6.27% -6.25% -9.12%
Common Stock $1.068M $1.068M $1.068M
YoY Change 0.0% -0.47% -0.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.615B $1.628B $1.645B
YoY Change
Total Liabilities & Shareholders Equity $3.115B $3.089B $2.874B
YoY Change 8.91% 4.81% -5.92%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $9.824M $11.77M $71.00M
YoY Change -79.85% -41.87% 175.53%
Depreciation, Depletion And Amortization $42.40M $37.60M $36.70M
YoY Change 12.77% -0.79% -4.68%
Cash From Operating Activities $41.60M $61.10M $75.90M
YoY Change -26.76% 2.52% -4.65%
INVESTING ACTIVITIES
Capital Expenditures -$436.9M -$20.20M -$221.6M
YoY Change 2010.63% 12.85% 1617.83%
Acquisitions
YoY Change
Other Investing Activities $6.000M $11.50M $186.9M
YoY Change -95.15% -776.47% 57.72%
Cash From Investing Activities -$431.0M -$8.600M -$34.80M
YoY Change -518.45% -56.12% -132.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.300M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.400M 192.1M -43.90M
YoY Change -104.72% -244.76% -34.18%
NET CHANGE
Cash From Operating Activities 41.60M 61.10M 75.90M
Cash From Investing Activities -431.0M -8.600M -34.80M
Cash From Financing Activities 6.400M 192.1M -43.90M
Net Change In Cash -383.0M 244.6M -2.800M
YoY Change -1689.21% -363.86% -102.36%
FREE CASH FLOW
Cash From Operating Activities $41.60M $61.10M $75.90M
Capital Expenditures -$436.9M -$20.20M -$221.6M
Free Cash Flow $478.5M $81.30M $297.5M
YoY Change 517.42% 4.9% 221.62%

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DividendsShareBasedCompensation
132000 USD
CY2016 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
473000 USD
CY2017 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
593000 USD
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.19
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.44
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.79
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.07
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.65
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.11
CY2017Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.09
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.92
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4324000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3286000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
34799000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
28175000 USD
CY2015 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
167840000 USD
CY2016 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
161699000 USD
CY2017 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
173285000 USD
CY2015 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
259036000 USD
CY2016 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
246479000 USD
CY2017 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
266977000 USD
CY2016 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
GainLossOnFairValueHedgeIneffectivenessNet
0 USD
CY2017 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
GainLossOnFairValueHedgeIneffectivenessNet
0 USD
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
43015000 USD
CY2016 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
30195000 USD
CY2017 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
50747000 USD
CY2015 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
43015000 USD
CY2016 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
30195000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
50747000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5761000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5155000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-274000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25142000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31374000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31552000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
42113000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
39825000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
95426000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
91807000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
108649000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
89131000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9169000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
26141000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
20431000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
49327000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
86730000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
8227000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
70998000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
11767000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
9824000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
100816000 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.79
CY2016 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.79
CY2017 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.92
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-489000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6295000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5077000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7833000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2752000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
20000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
666000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
529000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
33393000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
32024000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
38027000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-199000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-275000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-283000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1706000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
986000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1109000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-1930000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-7000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-2000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4459000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7863000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4663000 USD
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
338000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-1470000 USD
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
1909000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6425000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-8192000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11035000 USD
CY2015 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-4343000 USD
CY2016 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-3244000 USD
CY2017 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-229000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
14032000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4439000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-8019000 USD
CY2016Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
76912000 USD
CY2017Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
68000000 USD
CY2015 us-gaap Interest Expense
InterestExpense
50816000 USD
CY2016 us-gaap Interest Expense
InterestExpense
48113000 USD
CY2017 us-gaap Interest Expense
InterestExpense
46294000 USD
CY2015 us-gaap Interest Paid
InterestPaid
47054000 USD
CY2016 us-gaap Interest Paid
InterestPaid
44567000 USD
CY2017 us-gaap Interest Paid
InterestPaid
42888000 USD
CY2017 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
2400000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2732062000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2878375000 USD
CY2016Q4 us-gaap Land
Land
331502000 USD
CY2017Q4 us-gaap Land
Land
440930000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1208778000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1470222000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2860345000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3115308000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
40000000 USD
CY2015 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
96020000 USD
CY2016 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
0 USD
CY2017 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
0 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
1077132000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
1322593000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
501163000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4435000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
271851000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
180146000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
61459000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
271036000 USD
CY2017Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0371
CY2016Q4 us-gaap Minority Interest
MinorityInterest
21970000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
30181000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
316000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
594000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22647000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-242944000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
118121000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-220989000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
100777000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-487558000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
193038000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
229443000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
212814000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
88758000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
85855000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
98862000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-116000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-254000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
373000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
189000 USD
CY2016Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
567000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
875000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
114000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1580000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
129000 USD
CY2017Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
131000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1954000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
88746000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8915000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25768000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20242000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
48760000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
85855000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8113000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
69418000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11638000 USD
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9693000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
98862000 USD
CY2015 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-567000 USD
CY2016 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-268000 USD
CY2017 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Redeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable
-99000 USD
CY2015 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
451000 USD
CY2016 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1188000 USD
CY2017 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
2169000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
10248000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
341000 USD
CY2016 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
1 property
CY2017 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 property
CY2015Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
50 property
CY2016Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
42 property
CY2017Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
39 property
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2015Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
12548 unit
CY2016Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
10911 unit
CY2017Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
11533 unit
CY2015 us-gaap Occupancy Costs
OccupancyCosts
148492000 USD
CY2016 us-gaap Occupancy Costs
OccupancyCosts
146050000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3388000 USD
CY2015 us-gaap Other Cost Of Services
OtherCostOfServices
226522000 USD
CY2016 us-gaap Other Cost Of Services
OtherCostOfServices
224779000 USD
CY2017 us-gaap Other Cost Of Services
OtherCostOfServices
229510000 USD
CY2015 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
17984000 USD
CY2016 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
12848000 USD
CY2017 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
14438000 USD
CY2015 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
53884000 USD
CY2017 us-gaap Occupancy Costs
OccupancyCosts
142561000 USD
CY2015 us-gaap Occupancy Revenue
OccupancyRevenue
663224000 USD
CY2016 us-gaap Occupancy Revenue
OccupancyRevenue
653944000 USD
CY2017 us-gaap Occupancy Revenue
OccupancyRevenue
623331000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
104072000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
111503000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
103505000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
137381000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3976000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3976000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3976000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3976000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3976000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
117501000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5204000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5447000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5848000 USD
CY2015 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2016 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
10035000 USD
CY2017 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
950000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
28257000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
36349000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1543000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3833000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2396000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1543000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-322000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-300000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3400000 USD
CY2016 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
49737000 USD
CY2017 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
54969000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
29810000 USD
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
40694000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4916000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3377000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
965000 USD
CY2015 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
54146000 USD
CY2016 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
58823000 USD
CY2017 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
86401000 USD
CY2015 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
20000000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1861000 USD
CY2015 us-gaap Payments To Acquire Projects
PaymentsToAcquireProjects
36063000 USD
CY2016 us-gaap Payments To Acquire Projects
PaymentsToAcquireProjects
0 USD
CY2017 us-gaap Payments To Acquire Projects
PaymentsToAcquireProjects
0 USD
CY2015 us-gaap Pre Opening Costs
PreOpeningCosts
1411000 USD
CY2016 us-gaap Pre Opening Costs
PreOpeningCosts
0 USD
CY2017 us-gaap Pre Opening Costs
PreOpeningCosts
0 USD
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12000 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2016 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 USD
CY2017 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1068000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
36946000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
74000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
73976000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4103000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4100000 USD
CY2015 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
137000 USD
CY2016 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2017 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
23505000 USD
CY2016 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2017 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2015 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
5267000 USD
CY2016 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
4813000 USD
CY2017 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
67706000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
115130000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
118442000 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12000 USD
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2017 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6819000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
974000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3207000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
561000 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2015 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
92.36
CY2015 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
176805000 USD
CY2016 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2017 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2015 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
102000 USD
CY2016 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2017 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
70973000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
80000000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
77597000 USD
CY2015 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
64723000 USD
CY2016 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
111968000 USD
CY2017 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
215000000 USD
CY2015 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
175000000 USD
CY2016 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
125000000 USD
CY2017 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
125000000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
127000000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
10000000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
120000000 USD
CY2015 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
10248000 USD
CY2016 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
341000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2015 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2016 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-316000 USD
CY2017 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-594000 USD
CY2015 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
133412000 USD
CY2016 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
275600000 USD
CY2017 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
204353000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
88642000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
86730000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
100816000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
505986000 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
580285000 USD
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
619975000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
628450000 USD
CY2017Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
3567000000 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
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3063564000 USD
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3319305000 USD
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
50640000 USD
CY2016 us-gaap Real Estate Improvements
RealEstateImprovements
57919000 USD
CY2017 us-gaap Real Estate Improvements
RealEstateImprovements
84290000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
619975000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
628450000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3063564000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3319305000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2443589000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2690855000 USD
CY2015 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
245138000 USD
CY2016 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
114085000 USD
CY2017 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
605826000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
127000000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1741534 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1975057 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.58
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
223157 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1082208 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
962253 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
924969 shares
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
58520000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-302034000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-320964000 USD
CY2015 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
976144000 USD
CY2016Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
235035000 USD
CY2016Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
261378000 USD
CY2016Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
233946000 USD
CY2016Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
219801000 USD
CY2016 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
950160000 USD
CY2017Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
218460000 USD
CY2017Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
244392000 USD
CY2017Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
223289000 USD
CY2017Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
259136000 USD
CY2017 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
945277000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
142530000 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
143212000 USD
CY2017 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
139726000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
1077132000 USD
CY2017Q4 us-gaap Secured Debt
SecuredDebt
1322593000 USD
CY2015 us-gaap Service Management Costs
ServiceManagementCosts
49818000 USD
CY2016 us-gaap Service Management Costs
ServiceManagementCosts
47605000 USD
CY2017 us-gaap Service Management Costs
ServiceManagementCosts
43459000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
6102000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
8968000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
9930000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
1200000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
657305 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
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4966763 shares
CY2017 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
240352 shares
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
36946000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
73976000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4103000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1629597000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1614905000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1520921000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1743358000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1651567000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1645086000 USD
CY2015 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
0 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
14.89
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.07
CY2015 us-gaap Undistributed Earnings
UndistributedEarnings
88614000 USD
CY2016 us-gaap Undistributed Earnings
UndistributedEarnings
85382000 USD
CY2017 us-gaap Undistributed Earnings
UndistributedEarnings
98269000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
20000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-1400000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
74440000 USD
CY2017Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
70269000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
47828000 USD
CY2017Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
46637000 USD
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
148537 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
130290 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
252044 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112138223 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108142998 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107019152 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111989686 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108012708 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106767108 shares
CY2017Q4 xhr Amortizationof Aboveand Below Market Leases Net
AmortizationofAboveandBelowMarketLeasesNet
3435000 USD
CY2017Q4 xhr Amortizationof Aboveand Below Market Leases Next Twelve Months
AmortizationofAboveandBelowMarketLeasesNextTwelveMonths
194000 USD
CY2017Q4 xhr Amortizationof Aboveand Below Market Leases Year Five
AmortizationofAboveandBelowMarketLeasesYearFive
194000 USD
CY2017Q4 xhr Amortizationof Aboveand Below Market Leases Year Four
AmortizationofAboveandBelowMarketLeasesYearFour
194000 USD
CY2017Q4 xhr Amortizationof Aboveand Below Market Leases Year Three
AmortizationofAboveandBelowMarketLeasesYearThree
194000 USD
CY2017Q4 xhr Amortizationof Aboveand Below Market Leases Year Two
AmortizationofAboveandBelowMarketLeasesYearTwo
194000 USD
CY2017Q4 xhr Amortizationof Aboveand Below Market Leasesafter Year Five
AmortizationofAboveandBelowMarketLeasesafterYearFive
2465000 USD
CY2015 xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
3820000 USD
CY2016 xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
2950000 USD
CY2017 xhr Amortizationof Market Leasesand Other Leasetangibles
AmortizationofMarketLeasesandOtherLeasetangibles
4500000 USD
CY2017Q4 xhr Annual Rental Periodic Payment
AnnualRentalPeriodicPayment
400000 USD
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 Spinoff Transaction Conversion Ratio
CommonStockSpinoffTransactionConversionRatio
0.125
CY2015Q1 xhr Common Stock Spinoff Transaction Conversion Ratio
CommonStockSpinoffTransactionConversionRatio
0.125
CY2015 xhr Contributionsfrom Parent Net
ContributionsfromParentNet
249767000 USD
CY2016 xhr Dividends Taxed As Ordinary Income Percent
DividendsTaxedAsOrdinaryIncomePercent
1
CY2017 xhr Dividends Taxed As Ordinary Income Percent
DividendsTaxedAsOrdinaryIncomePercent
0.962
CY2017 xhr Dividends Taxed As Return Of Capital Percent
DividendsTaxedAsReturnOfCapitalPercent
0.038
CY2016 xhr Effective Income Tax Rate Reconciliation At Combined Federaland State Statutory Rate
EffectiveIncomeTaxRateReconciliationAtCombinedFederalandStateStatutoryRate
0.3626
CY2017 xhr Effective Income Tax Rate Reconciliation At Combined Federaland State Statutory Rate
EffectiveIncomeTaxRateReconciliationAtCombinedFederalandStateStatutoryRate
0.3728
CY2015 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperations
-27783000 USD
CY2016 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperations
-28351000 USD
CY2017 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
EffectiveIncomeTaxRateReconciliationTaxBenefitRelatedtoRealEstateInvestmentTrustOperations
-31551000 USD
CY2015 xhr Income Tax Expense Benefit Associatedwith Gain Losson Property Disposal
IncomeTaxExpenseBenefitAssociatedwithGainLossonPropertyDisposal
1900000 USD
CY2017 xhr Lease Arrangement Ground Lease Average Remaining Initial Lease Term
LeaseArrangementGroundLeaseAverageRemainingInitialLeaseTerm
P47Y
CY2017 xhr Lease Arrangement Ground Lease Average Remaining Lease Term Including Available Renewal Rights
LeaseArrangementGroundLeaseAverageRemainingLeaseTermIncludingAvailableRenewalRights
P65Y
CY2016Q4 xhr Longterm Debt Excluding Line Of Credit Facility Weighted Average Interest Rate
LongtermDebtExcludingLineOfCreditFacilityWeightedAverageInterestRate
0.0324
CY2017Q4 xhr Longterm Debt Excluding Line Of Credit Facility Weighted Average Interest Rate
LongtermDebtExcludingLineOfCreditFacilityWeightedAverageInterestRate
0.0373
CY2017Q4 xhr Longterm Debt Line Of Credit Facility Weighted Average Interest Rate
LongtermDebtLineOfCreditFacilityWeightedAverageInterestRate
0.0307
CY2017Q4 xhr Longterm Debt Maturities Repaymentsof Principal After Year Five Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalAfterYearFiveWeightedAverageInterestRate
0.0411
CY2017Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Next Twelve Months Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinNextTwelveMonthsWeightedAverageInterestRate
0.0424
CY2017Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Five Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFiveWeightedAverageInterestRate
0.0362
CY2017Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Four Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFourWeightedAverageInterestRate
0.0279
CY2017Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Three Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearThreeWeightedAverageInterestRate
0.0405
CY2017Q4 xhr Longterm Debt Maturities Repaymentsof Principalin Year Two Weighted Average Interest Rate
LongtermDebtMaturitiesRepaymentsofPrincipalinYearTwoWeightedAverageInterestRate
0.0368
CY2015 xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-567000 USD
CY2016 xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-268000 USD
CY2017 xhr Net Income Loss Attributableto Noncontrolling Interestin Consolidated Real Estate Entities
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedRealEstateEntities
-99000 USD
CY2015 xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
451000 USD
CY2016 xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
1143000 USD
CY2017 xhr Net Income Loss Attributableto Noncontrolling Interestof Common Unitsin Operating Partnership
NetIncomeLossAttributabletoNoncontrollingInterestofCommonUnitsinOperatingPartnership
2053000 USD
CY2015 xhr Noncash Transaction Distributionto Related Party
NoncashTransactionDistributiontoRelatedParty
413000 USD
CY2016 xhr Noncash Transaction Distributionto Related Party
NoncashTransactionDistributiontoRelatedParty
0 USD
CY2017 xhr Noncash Transaction Distributionto Related Party
NoncashTransactionDistributiontoRelatedParty
0 USD
CY2016 xhr Numberof Hotels With Reduction In Holding Period
NumberofHotelsWithReductionInHoldingPeriod
3 property
CY2015 xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
245260000 USD
CY2016 xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
116000000 USD
CY2017 xhr Paymentsto Acquire Businesses Gross Tangible Assets
PaymentstoAcquireBusinessesGrossTangibleAssets
605510000 USD
CY2016 xhr Prepayment And Extinguishment Fees On Repayment Of Debt
PrepaymentAndExtinguishmentFeesOnRepaymentOfDebt
5000000 USD
CY2017 xhr Prepayment And Extinguishment Fees On Repayment Of Debt
PrepaymentAndExtinguishmentFeesOnRepaymentOfDebt
300000 USD
CY2016 xhr Project Costs Capitalized
ProjectCostsCapitalized
2100000 USD
CY2017 xhr Project Costs Capitalized
ProjectCostsCapitalized
2700000 USD
CY2015 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
49717000 USD
CY2016 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
46248000 USD
CY2017 xhr Real Estate Taxes Personal Property Taxesand Insurance
RealEstateTaxesPersonalPropertyTaxesandInsurance
44310000 USD
CY2015 xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
300894000 USD
CY2016 xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
276903000 USD
CY2017 xhr Repaymentsof Secured Debt Payoffs
RepaymentsofSecuredDebtPayoffs
127876000 USD
CY2015 xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
8239000 USD
CY2016 xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
7580000 USD
CY2017 xhr Repaymentsof Secured Debt Principal Payments
RepaymentsofSecuredDebtPrincipalPayments
5796000 USD
CY2015 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Accumulated Deprecation Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationAccumulatedDeprecationPropertiesClassifiedasHeldforSale
22353000 USD
CY2016 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Accumulated Deprecation Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationAccumulatedDeprecationPropertiesClassifiedasHeldforSale
0 USD
CY2017 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Accumulated Deprecation Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationAccumulatedDeprecationPropertiesClassifiedasHeldforSale
32975000 USD
CY2015 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpensePropertiesClassifiedasHeldforSale
1893000 USD
CY2016 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpensePropertiesClassifiedasHeldforSale
0 USD
CY2017 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpensePropertiesClassifiedasHeldforSale
8808000 USD
CY2015 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Disposalsand Write Offs
SECScheduleIIIRealEstateAccumulatedDepreciationDisposalsandWriteOffs
47771000 USD
CY2016 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Disposalsand Write Offs
SECScheduleIIIRealEstateAccumulatedDepreciationDisposalsandWriteOffs
103522000 USD
CY2017 xhr Sec Schedule Iii Real Estate Accumulated Depreciation Disposalsand Write Offs
SECScheduleIIIRealEstateAccumulatedDepreciationDisposalsandWriteOffs
107084000 USD
CY2015 xhr Sec Schedule Iii Real Estate Disposalsand Write Offs
SECScheduleIIIRealEstateDisposalsandWriteOffs
141265000 USD
CY2016 xhr Sec Schedule Iii Real Estate Disposalsand Write Offs
SECScheduleIIIRealEstateDisposalsandWriteOffs
330429000 USD
CY2017 xhr Sec Schedule Iii Real Estate Disposalsand Write Offs
SECScheduleIIIRealEstateDisposalsandWriteOffs
258150000 USD
CY2015 xhr Sec Schedule Iii Real Estate Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstatePropertiesClassifiedasHeldforSale
56862000 USD
CY2016 xhr Sec Schedule Iii Real Estate Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstatePropertiesClassifiedasHeldforSale
0 USD
CY2017 xhr Sec Schedule Iii Real Estate Properties Classifiedas Heldfor Sale
SECScheduleIIIRealEstatePropertiesClassifiedasHeldforSale
176225000 USD
CY2015 xhr Sec Schedule Iii Real Estate Reclassesof Properties Under Development
SECScheduleIIIRealEstateReclassesofPropertiesUnderDevelopment
75378000 USD
CY2016 xhr Sec Schedule Iii Real Estate Reclassesof Properties Under Development
SECScheduleIIIRealEstateReclassesofPropertiesUnderDevelopment
0 USD
CY2017 xhr Sec Schedule Iii Real Estate Reclassesof Properties Under Development
SECScheduleIIIRealEstateReclassesofPropertiesUnderDevelopment
0 USD
CY2015 xhr Separationand Other Start Up Costs
SeparationandOtherStartUpCosts
26887000 USD
CY2016 xhr Separationand Other Start Up Costs
SeparationandOtherStartUpCosts
0 USD
CY2017 xhr Separationand Other Start Up Costs
SeparationandOtherStartUpCosts
0 USD
CY2016 xhr Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Expiredin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpiredinPeriod
42486 shares
CY2017 xhr Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Expiredin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpiredinPeriod
71425 shares
CY2017Q4 xhr Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Vested Number
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsVestedNumber
912840 shares
CY2017 xhr Tax Cutsand Jobs Actof2017 Measurement Period Adjustment Income Tax Expense Benefit
TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit
600000 USD
CY2015 xhr Undistributed Earningsfrom Continuing Operations
UndistributedEarningsfromContinuingOperations
89103000 USD
CY2016 xhr Undistributed Earningsfrom Continuing Operations
UndistributedEarningsfromContinuingOperations
85382000 USD
CY2017 xhr Undistributed Earningsfrom Continuing Operations
UndistributedEarningsfromContinuingOperations
98269000 USD
CY2017 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><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: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 in Houston, Texas for the years ended </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, 2017</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;">2016</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;">2015</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> where </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">10%</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;">11%</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;">13%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> of the revenues of the Company were generated, respectively. For the years ended </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, 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;">three</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> hotels and in the years ended December 31, 2016 and 2015 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;">four</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> hotels in Houston, TX, respectively. To the extent that there are adverse changes in this market, or the industry sectors that operate in this market, our business and operating results could be negatively impacted. </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 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>
CY2017 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 in Top 25 lodging markets as well as key leisure destinations in the United States ("U.S."). 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 operates as a real estate investment trust ("REIT") for U.S. 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 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;">December&#160;31, 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 ("Operating Partnership 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 Operating Partnership Units are owned by the other limited partners comprised of certain of our current and former executive officers and members of our Board of Directors and includes unvested long-term incentive plan ("LTIP") partnership units. LTIP partnership units may or may not vest based on the passage of time and meeting certain market-based performance objectives. 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;">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, 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;">39</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;">37</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;">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;">11,533</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> rooms (unaudited). 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, 2016</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;">42</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;">40</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;">10,911</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;"> rooms (unaudited). 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;"> </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 </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). 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 for all periods 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>
CY2017 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</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;">Certain prior year amounts in these financial statements have been reclassified 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, 2017</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>
CY2017 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 consolidated financial statements in conformity with U.S. Generally Accepted Accounting Principles ("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>

Files In Submission

Name View Source Status
0001616000-18-000044-index-headers.html Edgar Link pending
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0001616000-18-000044-xbrl.zip Edgar Link pending
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exhibit1017directorcomppro.htm Edgar Link pending
exhibit1018xhrformofdirect.htm Edgar Link pending
exhibit104jpm_xeniaxhr-ars.htm Edgar Link pending
exhibit22psahytazportfolio.htm Edgar Link pending
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