Braemar hotels & resorts inc. (BHR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
REVENUE
Total revenue

487,614

431,398

414,063

405,857

-

-

-

-

Rooms

-

-

-

-

255,443

226,495

171,670

160,811

Food and beverage

-

-

-

-

79,894

67,854

50,835

50,784

Other

-

-

-

-

14,061

12,844

10,969

9,593

Total hotel revenue

-

-

-

-

349,398

307,193

233,474

221,188

Other

-

-

-

-

147

115

22

0

Total revenue

-

-

-

-

349,545

307,308

233,496

221,188

EXPENSES
Hotel operating expenses:
Total hotel operating expenses

323,612

272,632

271,596

262,582

-

-

-

-

Rooms

-

-

-

-

56,341

51,636

39,881

37,001

Food and beverage

-

-

-

-

53,535

44,297

33,694

33,377

Other expenses

-

-

-

-

93,742

80,593

61,779

59,013

Management fees

-

-

-

-

14,049

12,525

9,999

9,360

Total hotel expenses

-

-

-

-

217,667

189,051

145,353

138,751

Property taxes, insurance and other

27,985

26,027

21,337

20,539

18,517

16,174

11,753

10,236

Depreciation and amortization

70,112

57,383

52,262

45,897

43,824

40,686

30,862

29,549

Impairment of Real Estate

0

71

1,068

0

0

-

-

-

Advisory services fee

20,527

20,012

9,134

14,955

17,889

12,534

1,047

0

Contract modification cost

0

0

-5,000

0

0

-

-

-

Transaction costs

704

949

6,678

457

538

1,871

13,577

0

Corporate general and administrative

5,435

4,237

8,146

14,286

5,134

3,242

11,494

10,846

Costs and Expenses

448,375

381,311

375,221

358,716

303,569

263,558

214,086

189,382

Gain (loss) on insurance settlement, disposition of assets and sale of hotel properties

25,165

15,738

-

26,359

0

0

-

-

Operating Income (Loss)

64,404

65,825

62,639

73,500

45,976

43,750

19,410

31,806

Income (Loss) from Equity Method Investments

-199

-234

0

-2,587

-2,927

0

0

-

Interest income

1,087

1,602

690

167

34

27

23

29

Other income (expense)

13,947

253

377

165

-1,233

0

-

-

Other income

-

-

-

-

-

-

0

-

Interest Expense, Debt

54,507

49,653

38,937

40,881

37,829

39,031

33,011

31,244

Write off of Deferred Debt Issuance Cost

647

4,178

3,874

2,595

54

0

1,971

0

Unrealized loss on marketable securities

-

-

-

-

-

-

0

-

Unrealized gain (loss) on investment in Ashford Inc.

7,872

-8,010

9,717

-1,970

-7,609

-

-

-

Unrealized gain (loss) on derivatives

-1,103

-82

-2,056

425

-3,252

-111

-36

0

INCOME (LOSS) BEFORE INCOME TAXES

2,960

5,017

27,802

25,894

-4,428

4,635

-15,585

591

Income Tax Expense (Benefit)

1,764

2,432

-522

1,574

263

1,097

2,343

4,384

NET INCOME (LOSS)

-

-

-

-

-

3,538

-17,928

-3,793

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

1,196

2,585

28,324

24,320

-4,691

-

-

-

(Income) loss attributable to noncontrolling interest in consolidated entities

2,032

2,016

3,264

3,105

2,414

-

-

-

(Income) loss from consolidated entities attributable to noncontrolling interests

-

-

-

-

-

1,103

934

752

Net (income) loss attributable to redeemable noncontrolling interests in operating partnership

-1,207

-751

2,038

1,899

-393

496

-

-

Net (income) loss attributable to redeemable noncontrolling interests in operating partnership

-

-

-

-

-

-

7,080

0

Net Income (Loss) Attributable to Parent

371

1,320

23,022

19,316

-6,712

1,939

-11,782

-4,545

Preferred Stock Dividends, Income Statement Impact

10,142

7,205

6,795

3,860

1,986

0

0

-

NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS

-9,771

-5,885

16,227

15,456

-8,698

1,939

-11,782

-

Earnings Per Share, Basic [Abstract]
Earnings Per Share, Basic

-0.32

-0.19

0.52

0.57

-0.34

0.08

-0.73

-0.28

Weighted average common shares outstanding – basic (in shares)

32,289

31,944

30,473

26,648

25,888

24,473

16,045

16,045

Earnings Per Share, Diluted [Abstract]
Earnings Per Share, Diluted

-0.32

-0.19

0.51

0.55

-0.34

0.07

-0.73

-0.28

Weighted Average Number of Shares Outstanding, Diluted

32,289

31,944

34,706

31,195

25,888

33,325

16,045

16,045

Dividends declared per common share (in dollars per share)

-

-

-

0.46

0.35

0.20

0.05

0.00

Rooms
Total revenue

303,848

282,775

286,006

287,844

-

-

-

-

Total hotel operating expenses

70,297

62,498

65,731

65,541

-

-

-

-

Food and beverage
Total revenue

115,085

94,671

96,415

95,618

-

-

-

-

Total hotel operating expenses

85,679

66,386

68,469

68,471

-

-

-

-

Other
Total revenue

68,674

53,952

31,484

22,267

-

-

-

-

Total revenue

7

0

158

128

-

-

-

-

Total hotel operating expenses

151,063

128,100

122,322

113,114

-

-

-

-

Total hotel revenue
Total revenue

487,607

431,398

413,905

405,729

-

-

-

-

Management fees
Total hotel operating expenses

16,573

15,648

15,074

15,456

-

-

-

-