| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
REVENUE | ||||||
Total revenues | ||||||
291,250 | 195,520 | 81,573 | 67,607 | - | - | - |
Advisory services | ||||||
- | - | - | - | 58,546 | 17,144 | 960 |
Audio visual | ||||||
- | - | - | - | 0 | - | - |
Other | ||||||
- | - | - | - | 435 | 144 | 0 |
Total revenue | ||||||
- | - | - | - | 58,981 | 17,288 | 960 |
EXPENSES | ||||||
Salaries and benefits | ||||||
59,659 | 45,310 | 49,335 | 52,436 | 41,442 | 57,627 | 46,181 |
Cost of revenues | ||||||
- | - | - | - | 0 | - | - |
Depreciation and amortization | ||||||
24,542 | 7,919 | 1,958 | 1,174 | 799 | - | - |
Depreciation | ||||||
- | - | - | - | - | 359 | 220 |
General and administrative | ||||||
33,484 | 27,551 | 8,886 | 16,454 | 18,091 | 5,600 | 2,271 |
Impairment | ||||||
0 | 1,919 | 1,072 | 0 | 0 | - | - |
Other income (expense) | ||||||
- | - | - | - | - | 0 | - |
Other | ||||||
12,062 | 3,250 | 2,153 | 0 | 0 | - | 0 |
Reimbursed expenses | ||||||
84,643 | 44,347 | 20,934 | - | - | - | - |
Total expenses | ||||||
302,480 | 196,359 | 92,095 | 70,064 | 60,332 | 63,586 | 48,672 |
OPERATING INCOME (LOSS) | ||||||
-11,230 | -839 | -10,522 | -2,457 | -1,351 | -46,298 | -47,712 |
Equity in earnings (loss) of unconsolidated entities | ||||||
-286 | 0 | 0 | - | - | - | 0 |
Realized gain (loss) on investment in unconsolidated entity | ||||||
- | - | - | -3,601 | 0 | 0 | - |
Unrealized gain (loss) on investment in unconsolidated entity | ||||||
- | - | - | 2,141 | -2,141 | 0 | - |
Interest expense | ||||||
2,059 | 959 | 83 | 0 | 0 | - | - |
Amortization of loan costs | ||||||
308 | 241 | 39 | 0 | 0 | - | - |
Interest income | ||||||
46 | 329 | 244 | 73 | 352 | 0 | 0 |
Dividend income | ||||||
0 | 0 | 93 | 170 | 917 | 0 | 0 |
Unrealized gain (loss) on investments | ||||||
0 | 0 | 203 | 2,326 | -2,490 | 0 | 0 |
Realized gain (loss) on investments | ||||||
0 | 0 | -294 | -10,113 | -5,110 | 0 | 0 |
Other income (expense) | ||||||
3 | -834 | -73 | - | - | - | - |
Other income (expense) | ||||||
- | - | - | 162 | 155 | - | - |
INCOME (LOSS) BEFORE INCOME TAXES | ||||||
-13,834 | -2,544 | -10,471 | -11,623 | -9,978 | -46,298 | -47,712 |
Income tax (expense) benefit | ||||||
1,540 | -10,364 | 9,723 | 780 | 2,066 | 783 | 7 |
NET INCOME (LOSS) | ||||||
-15,374 | 7,820 | -20,194 | -12,403 | -12,044 | -47,081 | -47,719 |
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | ||||||
-536 | -924 | -358 | - | -10,852 | - | - |
(Income) loss from consolidated entities attributable to noncontrolling interests | ||||||
- | - | - | -8,860 | - | - | - |
Net (income) loss attributable to redeemable noncontrolling interests | ||||||
-983 | -1,438 | -1,484 | -1,147 | -2 | - | - |
Comprehensive Income (Loss), Net of Tax, Attributable to Redeemable Noncontrolling Interest | ||||||
-931 | -1,495 | -1,484 | - | - | - | - |
(Income) loss from consolidated entities attributable to noncontrolling interests | ||||||
- | - | - | - | - | -647 | 0 |
Net (income) loss attributable to redeemable noncontrolling interests | ||||||
- | - | - | - | - | -24 | - |
Net (income) loss attributable to redeemable noncontrolling interests in subsidiary common stock | ||||||
- | - | - | - | - | 0 | - |
Net loss attributable to redeemable noncontrolling interests in Ashford LLC | ||||||
- | - | - | - | - | - | 0 |
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY | ||||||
-13,855 | 10,182 | -18,352 | -2,396 | -1,190 | -46,410 | -47,719 |
Preferred dividends | ||||||
14,435 | 4,466 | 0 | - | - | - | - |
Preferred dividends | ||||||
- | - | - | 0 | - | - | - |
Amortization of preferred stock discount | ||||||
1,928 | 730 | 0 | 0 | - | - | - |
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS | ||||||
-30,218 | 4,986 | -18,352 | -2,396 | - | - | - |
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY | ||||||
- | - | - | - | - | -46,410 | -47,719 |
Basic: | ||||||
Net income (loss) attributable to common stockholders (in dollars per share) | ||||||
-12.03 | 2.29 | -9.04 | -1.19 | -0.60 | -23.43 | -24.09 |
Weighted average common shares outstanding – basic (in shares) | ||||||
2,416 | 2,170 | 2,031 | 2,012 | 1,991 | 1,981 | 1,981 |
Diluted: | ||||||
Net income (loss) attributable to common stockholders (in dollars per share) | ||||||
-13.55 | -2.11 | -9.59 | -2.56 | -4.45 | -23.43 | -24.09 |
Weighted average common shares outstanding – diluted (in shares) | ||||||
2,568 | 2,332 | 2,067 | 2,209 | 2,203 | 1,981 | 1,981 |
JSAV | ||||||
Total revenues | ||||||
110,609 | 81,186 | 9,186 | - | - | - | - |
Net (income) loss attributable to redeemable noncontrolling interests | ||||||
-247 | -361 | -136 | - | - | - | - |
Advisory services | ||||||
Total revenues | ||||||
44,184 | 47,913 | 46,883 | 67,228 | - | - | - |
Hotel management | ||||||
Total revenues | ||||||
4,526 | 0 | 0 | - | - | - | - |
Audio visual | ||||||
Total revenue | ||||||
- | - | - | 0 | - | - | - |
Total revenues | ||||||
110,609 | 81,186 | 9,186 | - | - | - | - |
Cost of revenues | ||||||
- | - | - | 0 | - | - | - |
Cost of revenues | ||||||
82,237 | 64,555 | 7,757 | - | - | - | - |
Depreciation and amortization | ||||||
4,700 | 3,800 | 411 | - | - | - | - |
Project management fees | ||||||
Total revenues | ||||||
25,584 | 8,802 | - | 0 | - | - | - |
Cost of revenues | ||||||
5,853 | 1,508 | 0 | 0 | - | - | - |
Other | ||||||
Total revenues | ||||||
21,179 | 13,068 | 4,429 | 379 | - | - | - |
Cost reimbursement revenue | ||||||
Total revenues | ||||||
85,168 | 44,551 | 21,075 | - | - | - | - |