Chesapeake lodging trust (CHSP)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Revenues [Abstract]
Revenue

597,172

598,267

619,699

582,624

477,980

420,177

278,276

172,191

54,194

Costs and Expenses [Abstract]
Depreciation and amortization

75,585

76,230

74,661

69,743

51,567

44,469

28,931

18,382

4,793

Air rights contract amortization

520

520

520

520

520

520

520

520

411

Corporate general and administrative

18,992

19,050

19,167

18,046

15,557

13,125

11,297

9,996

5,396

Share-based compensation

-

-

-

-

-

-

-

-

1,689

Hotel acquisition costs

-

-

-

854

3,622

4,222

2,994

5,081

3,597

Total operating expenses

498,379

491,106

509,746

480,665

396,148

347,299

229,584

150,106

53,227

Operating income

-

-

-

101,959

81,832

72,878

48,692

22,085

967

Interest income

558

0

0

-

8

247

199

145

120

Interest expense

34,399

33,939

31,846

31,856

27,357

25,780

20,976

12,868

2,344

Gain on sale of hotel

33,109

6,102

598

0

7,006

0

0

-

-

Loss on early extinguishment of debt

-

-

-

-

-

-372

0

-208

0

Income before income taxes

98,061

79,324

78,705

70,103

61,489

46,973

27,915

9,154

-1,257

Income tax expense

1,095

3,089

1,999

2,595

535

1,655

738

118

-583

Net income

96,966

76,235

76,706

67,508

60,954

45,318

27,177

9,036

-674

Net income available per common share - basic

1.63

1.12

1.13

1.00

1.01

0.75

0.66

-

-

Preferred share dividends

0

5,274

9,688

9,688

9,688

9,688

4,413

0

0

Write-off of issuance costs of redeemed preferred shares

0

4,419

0

0

-

-

-

-

-

Net income available to common shareholders

96,966

66,542

67,018

57,820

51,266

35,630

22,764

9,036

-674

Net income available per common share - basic and diluted

-

-

-

-

-

-

-

0.30

-0.07

Net income available per common share - diluted

1.62

1.11

1.13

0.99

1.00

0.75

0.66

-

-

Rooms [Member]
Revenue

455,287

450,812

465,796

441,141

364,727

316,434

210,265

128,730

38,530

Hotel operating expenses

106,974

107,183

108,292

100,245

84,445

73,711

48,159

30,110

9,104

Food and beverage [Member]
Revenue

112,496

118,715

125,987

117,171

94,307

86,884

57,673

37,781

13,758

Hotel operating expenses

83,917

88,454

92,075

87,625

71,816

65,090

41,678

27,682

9,414

Other [Member]
Revenue

29,389

28,740

27,916

24,312

18,946

16,859

10,338

5,680

1,906

Hotel operating expenses

4,934

5,457

6,275

7,109

8,032

8,042

5,137

2,785

1,053

Indirect hotel operating expenses [Member]
Hotel operating expenses

207,457

194,212

208,756

196,523

160,589

138,120

90,868

55,550

17,770

Total hotel operating expenses [Member]
Hotel operating expenses

403,282

395,306

415,398

391,502

324,882

284,963

185,842

116,127

37,341