2023 Q1 Form 10-K Financial Statement

#000161600023000025 Filed on March 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $269.0M $263.1M $997.6M
YoY Change 27.87% 29.26% 61.9%
Cost Of Revenue $179.3M $116.1M $672.3M
YoY Change 26.6% 31.79% 50.72%
Gross Profit $89.70M $147.0M $325.3M
YoY Change 30.49% 27.32% 91.21%
Gross Profit Margin 33.35% 55.88% 32.61%
Selling, General & Admin $85.47M $85.59M $320.7M
YoY Change 23.38% 22.23% 33.74%
% of Gross Profit 95.29% 58.21% 98.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.69M $33.52M $132.1M
YoY Change 10.71% 7.74% 2.95%
% of Gross Profit 37.56% 22.8% 40.61%
Operating Expenses $119.4M $120.2M $454.4M
YoY Change 19.64% 18.87% 23.09%
Operating Profit $33.76M $26.85M $111.4M
YoY Change 90.32% 86.78% -282.96%
Interest Expense $22.13M -$21.25M $82.73M
YoY Change 7.77% -1.08% 1.77%
% of Operating Profit 65.56% -79.15% 74.27%
Other Income/Expense, Net $1.284M $1.507M $4.178M
YoY Change -265.25% 631.55% -281.89%
Pretax Income $11.77M $34.39M $59.84M
YoY Change -404.16% -250.6% -141.01%
Income Tax $5.200M -$1.943M $2.205M
% Of Pretax Income 44.18% -5.65% 3.69%
Net Earnings $6.280M $35.02M $55.92M
YoY Change -217.96% -252.69% -138.97%
Net Earnings / Revenue 2.33% 13.31% 5.61%
Basic Earnings Per Share $0.06 $0.49
Diluted Earnings Per Share $0.06 $0.31 $0.49
COMMON SHARES
Basic Shares Outstanding 111.5M shares 113.8M shares 114.1M shares
Diluted Shares Outstanding 112.0M shares 114.4M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $283.2M $305.1M $305.1M
YoY Change 58.12% -41.03% -41.03%
Cash & Equivalents $283.2M $305.1M $305.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $48.26M $37.56M $37.56M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $331.4M $342.7M $342.7M
YoY Change 53.92% -37.23% -37.23%
LONG-TERM ASSETS
Property, Plant & Equipment $2.597B $2.620B $2.620B
YoY Change -4.8% 8.32% 8.32%
Goodwill $4.850M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $58.21M $60.81M $60.81M
YoY Change 44.94% -14.93% -14.93%
Total Long-Term Assets $2.719B $2.737B $2.737B
YoY Change -3.73% 7.71% 7.71%
TOTAL ASSETS
Total Short-Term Assets $331.4M $342.7M $342.7M
Total Long-Term Assets $2.719B $2.737B $2.737B
Total Assets $3.051B $3.080B $3.080B
YoY Change 0.36% -0.24% -0.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $95.98M $107.1M $107.1M
YoY Change 3.41% 27.42% 27.42%
Accrued Expenses $19.63M $19.89M $19.89M
YoY Change -4.89% -4.74% -4.74%
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 $126.9M $138.4M $138.4M
YoY Change 11.89% 31.94% 31.94%
LONG-TERM LIABILITIES
Long-Term Debt $1.430B $1.429B $1.429B
YoY Change -0.01% -4.36% -4.36%
Other Long-Term Liabilities $63.57M $52.50M $52.50M
YoY Change 8.46% 4.85% 4.85%
Total Long-Term Liabilities $1.493B $1.482B $1.482B
YoY Change 0.33% -4.06% -4.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $126.9M $138.4M $138.4M
Total Long-Term Liabilities $1.493B $1.482B $1.482B
Total Liabilities $1.620B $1.620B $1.639B
YoY Change 1.15% -1.77% -1.05%
SHAREHOLDERS EQUITY
Retained Earnings -$628.1M -$623.2M
YoY Change -5.1% -5.06%
Common Stock $1.107M $1.126M
YoY Change -3.23% -1.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.410B $1.441B $1.441B
YoY Change
Total Liabilities & Shareholders Equity $3.051B $3.080B $3.080B
YoY Change 0.36% -0.24% -0.24%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $6.280M $35.02M $55.92M
YoY Change -217.96% -252.69% -138.97%
Depreciation, Depletion And Amortization $33.69M $33.52M $132.1M
YoY Change 10.71% 7.74% 2.95%
Cash From Operating Activities $30.31M $29.23M $187.1M
YoY Change -6.94% 156.22% 359.07%
INVESTING ACTIVITIES
Capital Expenditures $11.63M $29.69M $398.9M
YoY Change -103.46% -334.38% -1353.56%
Acquisitions
YoY Change
Other Investing Activities $1.071M $95.24M $133.5M
YoY Change -96.93% 1772.92% 1654.19%
Cash From Investing Activities -$10.56M $65.54M -$265.4M
YoY Change -96.49% -964.24% 996.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $28.20M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$44.30M -39.54M -$110.1M
YoY Change -33.36% 2436.37% -201.07%
NET CHANGE
Cash From Operating Activities $30.31M 29.23M $187.1M
Cash From Investing Activities -$10.56M 65.54M -$265.4M
Cash From Financing Activities -$44.30M -39.54M -$110.1M
Net Change In Cash -$24.55M 55.24M -$188.3M
YoY Change -92.67% 2336.57% -250.12%
FREE CASH FLOW
Cash From Operating Activities $30.31M $29.23M $187.1M
Capital Expenditures $11.63M $29.69M $398.9M
Free Cash Flow $18.68M -$459.0K -$211.7M
YoY Change -94.93% -101.91% -391.73%

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CY2022 us-gaap Nature Of Operations
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Organization<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Xenia Hotels &amp; Resorts, Inc. (the "Company" or "Xenia") is a Maryland corporation that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts in the top 25 lodging markets as well as key leisure destinations in the United States ("U.S."). </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 December 31, 2022, the Company collectively owned 97.0% of the common limited partnership units issued by the Operating Partnership ("Operating Partnership Units"). The remaining 3.0% of the Operating Partnership Units are owned by the other limited partners comprised of certain of our executive officers and current or former members of our Board of Directors and includes vested and 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.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Xenia operates as a real estate investment trust ("REIT") for U.S. federal income tax purposes. 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. 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.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2022, the Company owned 32 lodging properties with a total of 9,508 rooms (unaudited). As of December 31, 2021, the Company owned 34 lodging properties with a total of 9,659 rooms (unaudited). As of December 31, 2020, the Company owned 35 lodging properties with 10,011 rooms (unaudited). </span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Ongoing Recovery from COVID-19</span></div>Our hotel portfolio experienced a broad-based recovery from COVID-19 during 2022 with a continuation of strong leisure bookings and an acceleration of business transient and group demand. As the recovery continues, we expect that the pace will vary from market to market and may be uneven in nature.
CY2022Q4 xhr Number Of Top Lodging Markets For Investing
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25 market
CY2022Q4 us-gaap Number Of Real Estate Properties
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32 property
CY2022Q4 xhr Number Of Rooms In Property
NumberOfRoomsInProperty
9508 room
CY2021Q4 us-gaap Number Of Real Estate Properties
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34 property
CY2021Q4 xhr Number Of Rooms In Property
NumberOfRoomsInProperty
9659 room
CY2020Q4 us-gaap Number Of Real Estate Properties
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35 property
CY2020Q4 xhr Number Of Rooms In Property
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10011 room
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Reclassifications</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts in these consolidated financial statements have been reclassified to conform to the presentation as of and for the year ended December 31, 2022.</span></div>
CY2022 us-gaap Use Of Estimates
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<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Risks and Uncertainties</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As a result of the COVID-19 pandemic, the majority of the Company's hotels and resorts temporarily suspended operations for certain periods of time during 2020. All of the Company's hotels had resumed operations by the end of May 2021. While our business is experiencing broad-based recovery from the COVID-19 pandemic led by robust leisure demand and growth in group and business transient travel, future demand may be varied and uneven as the pace and consistency of the global recovery continues to progress and remains uncertain. </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company cannot predict with certainty the full extent and duration of the effects of the COVID-19 pandemic on its business, operating margins, results of operations, cash flows, financial condition, the market price of its common stock, its ability to make distributions to its shareholders, its access to equity and credit markets or its ability to service its indebtedness. Further, the Company continues to monitor and evaluate the challenges associated with inflationary pressures, rising interest rates, a potential domestic and/or global recession, the evolving workforce landscape, particularly related to industry-wide labor shortages and increases in cost of labor, as well as ongoing supply chain issues which may continue to impact the hotels' ability to source operating supplies and other materials. Additionally, the effects of the pandemic or other economic challenges could materially and adversely affect the Company's ability to consummate acquisitions and dispositions of hotel properties in the near term.</span></div>
CY2021 xhr Real Estate Capitalized Interest Costs For Property Tax And Insurance
RealEstateCapitalizedInterestCostsForPropertyTaxAndInsurance
500000 usd
CY2022 xhr Real Estate Capitalized Interest Costs For Property Tax And Insurance
RealEstateCapitalizedInterestCostsForPropertyTaxAndInsurance
0 usd
CY2022 xhr Real Estate Capitalized Project Management Compensation And Travel Costs
RealEstateCapitalizedProjectManagementCompensationAndTravelCosts
2500000 usd
CY2021 xhr Real Estate Capitalized Project Management Compensation And Travel Costs
RealEstateCapitalizedProjectManagementCompensationAndTravelCosts
2200000 usd
CY2020 xhr Real Estate Capitalized Project Management Compensation And Travel Costs
RealEstateCapitalizedProjectManagementCompensationAndTravelCosts
2400000 usd
CY2022 xhr Proceeds From Performance Guaranty Payments
ProceedsFromPerformanceGuarantyPayments
2300000 usd
CY2021 xhr Proceeds From Performance Guaranty Payments
ProceedsFromPerformanceGuarantyPayments
2900000 usd
CY2020 xhr Proceeds From Performance Guaranty Payments
ProceedsFromPerformanceGuarantyPayments
3000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
4900000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
4900000 usd
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
20100000 usd
CY2020 xhr Goodwill Impairment Number Of Properties
GoodwillImpairmentNumberOfProperties
2 property
CY2021 us-gaap Gain On Business Interruption Insurance Recovery
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1600000 usd
CY2022Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
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7800000 usd
CY2021Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
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7800000 usd
CY2022Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
6400000 usd
CY2021Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
5300000 usd
CY2022Q4 us-gaap Deferred Finance Costs Gross
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26300000 usd
CY2021Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
27600000 usd
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
10500000 usd
CY2021Q4 us-gaap Accumulated Amortization Deferred Finance Costs
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7300000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
60000000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
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0 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-4100000 usd
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AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022 us-gaap Number Of Reportable Segments
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1 segment
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997607000 usd
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616188000 usd
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369776000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1068000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2231000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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210000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
596000 usd
CY2022Q4 us-gaap Goodwill
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4850000 usd
CY2021Q4 us-gaap Goodwill
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4850000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
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5060000 usd
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
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5446000 usd
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162000 usd
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42000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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6000 usd
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0 usd
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0 usd
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210000 usd
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15883000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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20307000 usd
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0.0565
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1429105000 usd
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DebtInstrumentCarryingAmountAndLineOfCredit
1445000000 usd
CY2021Q4 xhr Debt Instrument Carrying Amount And Line Of Credit
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1515000000 usd
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CY2021Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.0518
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5538000 usd
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0.0548
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280173000 usd
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0.0633
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503512000 usd
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0.0636
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54379000 usd
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0.0463
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0.0488
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CY2022Q4 xhr Longterm Debt Gross Weighted Average Interest Rate
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0.0565
CY2022Q4 us-gaap Line Of Credit
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0 usd
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0.0614
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15883000 usd
CY2022Q4 us-gaap Long Term Debt
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1429105000 usd
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0.0565
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GainsLossesOnExtinguishmentOfDebt
-300000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1400000 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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-1600000 usd
CY2022Q1 xhr Derivative Number Of Instruments Terminated
DerivativeNumberOfInstrumentsTerminated
2 derivative_instrument
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GainsLossesOnTerminationOfDerivatives
1555000 usd
CY2021 xhr Gains Losses On Termination Of Derivatives
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2779000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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2932000 usd
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2991000 usd
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-1600000 usd
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CY2022 us-gaap Interest Expense
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82727000 usd
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81285000 usd
CY2022Q4 us-gaap Goodwill Gross
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34352000 usd
CY2021Q4 us-gaap Goodwill Gross
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34352000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
29502000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
29502000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
4850000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
4850000 usd
CY2020Q1 xhr Goodwill Impairment Analysis Number Of Hotels
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3 property
CY2020 us-gaap Goodwill Impairment Loss
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20100000 usd
CY2022 us-gaap Income Tax Expense Benefit
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2200000 usd
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0.2512
CY2021 us-gaap Income Tax Expense Benefit
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700000 usd
CY2021 xhr Effective Income Tax Rate Reconciliation At Federal And State Combined Effective Rate
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0.2344
CY2021 xhr Employee Retention Credit Received By Company Cares Act
EmployeeRetentionCreditReceivedByCompanyCARESAct
800000 usd
CY2021 xhr Employee Retention Credit Received By Third Party Managers Cares Act
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500000 usd
CY2020 us-gaap Income Tax Expense Benefit
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0.2362
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17400000 usd
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500000 usd
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5900000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
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739000 usd
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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1466000 usd
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CurrentStateAndLocalTaxExpenseBenefit
718000 usd
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CurrentStateAndLocalTaxExpenseBenefit
154000 usd
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CurrentFederalStateAndLocalTaxExpenseBenefit
2205000 usd
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718000 usd
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0 usd
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279000 usd
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1339000 usd
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IncomeTaxExpenseBenefit
2205000 usd
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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12565000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
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28424000 usd
CY2020 xhr Effective Income Tax Rate Reconciliation Tax Benefit Relatedto Real Estate Investment Trust Operations
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25741000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
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3214000 usd
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9399000 usd
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720000 usd
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1771000 usd
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0 usd
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5004000 usd
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2929000 usd
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0 usd
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CY2022 us-gaap Income Tax Reconciliation Other Adjustments
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8000 usd
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2205000 usd
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14268000 usd
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2458000 usd
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1905000 usd
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94000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
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107000 usd
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11549000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
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16280000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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11549000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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16280000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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0 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
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0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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0 usd
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0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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0 usd
CY2022 xhr Common Stock Maximum Authorized Pursuant To At The Market Agreements Value
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200000000 usd
CY2020 us-gaap Stock Issued During Period Shares New Issues
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0 shares
CY2021 us-gaap Stock Issued During Period Shares New Issues
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0 shares
CY2022 us-gaap Stock Issued During Period Shares New Issues
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0 shares
CY2022Q4 xhr Common Stock Remaining Available Pursuant To At The Market Agreements Value
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200000000 usd
CY2022 us-gaap Stock Repurchased During Period Shares
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1912794 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
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14.74
CY2021 us-gaap Stock Repurchased During Period Shares
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0 shares
CY2020 us-gaap Stock Repurchased During Period Shares
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165516 shares
CY2020 us-gaap Treasury Stock Acquired Average Cost Per Share
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13.68
CY2022 xhr Dividends Percent Of Total Nontaxable Return Of Capital
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1
CY2020 xhr Dividends Percent Of Total Nontaxable Return Of Capital
DividendsPercentOfTotalNontaxableReturnOfCapital
1
CY2021 us-gaap Partners Capital Account Units Redeemed
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215344 shares
CY2021 xhr Payments For Redemption Of Partnership Capital Units
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4100000 usd
CY2022 us-gaap Net Income Loss
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55922000 usd
CY2021 us-gaap Net Income Loss
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-143517000 usd
CY2020 us-gaap Net Income Loss
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CY2022 us-gaap Dividends Share Based Compensation
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173000 usd
CY2021 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 usd
CY2020 us-gaap Dividends Share Based Compensation
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150000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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68000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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0 usd
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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