CHESAPEAKE LODGING TRUST CHSP Income Statement

Chesapeake lodging trust (CHSP)

Income statement / TTM

Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues [Abstract]
Revenue
591,576	595,884	597,172	597,318	599,242	598,418	598,267	600,740	606,992	613,962	619,699	620,751	621,231	613,945	582,624	559,945	525,776	492,496	477,980	466,042	457,645	444,350	420,177	393,714	347,131	298,607	278,276	249,306	225,226	198,474	172,191	134,293	94,288	0	0	0
Costs and Expenses [Abstract]
Depreciation and amortization
74,691	75,014	75,585	75,912	76,660	76,651	76,230	76,116	75,450	74,964	74,661	74,378	73,981	73,300	69,743	65,241	59,401	53,996	51,567	49,945	49,814	48,128	44,469	40,521	35,401	31,240	28,931	26,734	24,838	21,928	18,382	13,670	9,095	0	0	0
Air rights contract amortization
520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	520	0	0	0	-	-
Corporate general and administrative
18,248	18,483	18,992	19,774	19,571	19,493	19,050	18,891	18,749	18,836	19,167	19,026	18,971	18,735	18,046	17,146	16,821	16,214	15,557	14,709	13,951	13,703	13,125	13,394	13,468	12,615	11,297	12,592	11,482	10,337	9,996	6,530	6,037	0	0	0
Costs related to the Park merger
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible asset amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2,717	2,319	0	0	0
Hotel acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	854	4,416	4,457	3,991	3,622	87	86	1,323	4,222	4,272	6,687	5,584	2,994	3,728	1,607	5,144	5,081	4,591	4,691	0	0	0
Total operating expenses
498,809	496,559	498,379	487,628	489,272	490,524	491,106	505,530	507,114	508,045	509,746	506,661	505,604	501,043	480,665	466,279	438,108	410,748	396,148	381,526	375,448	366,434	347,299	324,151	289,973	252,175	229,584	207,873	188,840	172,945	150,106	118,320	86,971	0	0	0
Operating income
-	-	-	109,690	-	-	-	95,210	99,878	105,917	-	114,090	115,627	112,902	101,959	93,666	87,668	81,748	81,832	84,516	82,197	77,916	72,878	69,563	57,158	46,432	48,692	41,433	36,386	25,529	22,085	15,973	7,317	0	0	0
Interest income
1,010	814	558	228	38	0	-	0	0	-	-	-	-	-	-	-	-	-	-	0	-	29	247	350	420	414	199	101	43	81	145	151	171	0	0	0
Interest expense
32,680	33,555	34,399	35,153	35,728	34,985	33,939	32,943	32,045	31,434	31,846	32,114	32,279	32,887	31,856	30,514	29,190	27,850	27,357	27,271	27,507	27,025	25,780	24,347	22,573	21,333	20,976	20,478	19,156	15,925	12,868	9,337	0	0	0	-
Gain on sale of hotel
-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-
Income before income taxes
94,206	99,693	98,061	113,976	80,382	79,011	79,324	62,267	67,833	75,081	78,705	82,574	83,946	80,015	70,103	63,152	65,492	60,912	61,489	64,259	54,322	50,548	46,973	45,194	35,005	25,513	27,915	21,056	17,065	9,477	9,154	6,579	2,254	0	0	0
Income tax expense
1,107	1,025	1,095	2,636	3,468	4,246	3,089	1,487	59	426	1,999	3,284	3,423	3,989	2,595	1,536	2,368	584	535	616	124	542	1,655	1,517	1,538	50	738	825	140	-432	118	-248	-213	0	0	0
Net income
93,099	98,668	96,966	111,340	76,914	74,765	76,235	60,780	67,774	74,655	76,706	79,290	80,523	76,026	67,508	61,616	63,124	60,328	60,954	63,643	54,198	50,006	45,318	43,677	33,467	25,463	27,177	23,017	0	0	-	0	-	-	-	-
Net income available per common share - basic
0.31	-	-	0.90	0.40	-	-	0.24	0.32	-	-	-	-	-	-	0.42	0.37	-	-	0.52	0.38	-	-	0.35	-	-	-	-	-	-	-	-	-	-	-	-
Preferred share dividends
-	-	-	0	-	-	5,274	7,696	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,688	9,257	6,835	4,413	1,991	0	0	-	0	-	-	-	-
Write-off of issuance costs of redeemed preferred shares
-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common shareholders
-	-	-	111,340	-	-	66,542	48,665	58,086	64,967	67,018	69,602	70,835	66,338	57,820	51,928	53,436	50,640	51,266	53,955	44,510	40,318	35,630	33,989	24,210	18,628	22,764	21,026	0	0	-	0	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Net income available per common share - basic and diluted
-	0.14	-	-	-	0.11	-	-	-	0.09	-	0.40	0.44	0.13	-	-	-	-0.02	-	-	-	-0.01	-	-	0.30	-0.11	-	0.21	0.28	-0.03	0.14	0.18	0.06	-0.08	0.08	0.15
Net income available per common share - diluted
0.30	-	-	0.89	0.40	-	-	0.24	0.32	-	-	-	-	-	-	0.42	0.36	-	-	0.52	0.38	-	-	0.35	-	-	-	-	-	-	-	-	-	-	-	-
Rooms [Member]
Revenue
0	0	-	-	0	0	-	-	-	460,925	465,796	466,484	467,320	463,319	441,141	426,245	400,330	375,482	364,727	353,827	346,901	335,729	316,434	295,908	258,993	223,673	210,265	189,361	171,339	149,597	128,730	101,352	69,511	0	0	0
Hotel operating expenses
0	0	-	-	0	0	-	-	-	108,113	108,292	107,084	106,378	104,646	100,245	97,585	91,744	86,926	84,445	81,594	80,470	78,311	73,711	68,909	60,668	52,454	48,159	42,859	39,356	35,154	30,110	23,646	16,362	0	0	0
Food and beverage [Member]
Revenue
0	0	-	-	0	0	-	-	-	124,744	125,987	126,991	126,978	124,328	117,171	111,125	104,388	97,437	94,307	93,918	92,990	91,240	86,884	81,554	74,087	63,118	57,673	51,688	46,505	42,367	37,781	28,253	21,658	0	0	0
Hotel operating expenses
0	0	-	-	0	0	-	-	-	91,548	92,075	92,308	92,541	91,925	87,625	83,746	78,837	74,072	71,816	70,598	70,296	68,708	65,090	61,220	54,030	46,087	41,678	36,974	33,873	31,069	27,682	21,310	15,844	0	0	0
Other [Member]
Revenue
0	0	-	-	0	0	-	-	-	28,293	27,916	27,276	26,933	26,298	24,312	22,575	21,058	19,577	18,946	18,297	17,754	17,381	16,859	16,252	14,051	11,816	10,338	8,257	7,382	6,510	5,680	4,688	3,119	0	0	0
Hotel operating expenses
0	0	-	-	0	0	-	-	-	6,073	6,275	6,646	7,017	7,334	7,109	7,319	7,492	7,584	8,032	8,015	8,114	8,052	8,042	7,984	7,008	6,002	5,137	4,092	3,549	3,231	2,785	2,275	1,657	0	0	0
Indirect hotel operating expenses [Member]
Hotel operating expenses
0	0	-	-	0	0	-	-	-	207,991	208,756	206,699	206,177	204,098	196,523	190,306	178,836	167,445	160,589	156,058	152,197	147,689	138,120	128,113	112,973	98,455	90,868	81,878	74,292	65,438	55,550	43,062	30,447	0	0	0
Total hotel operating expenses [Member]
Hotel operating expenses
0	0	-	-	0	0	-	-	-	413,725	415,398	412,737	412,113	408,003	391,502	378,956	356,909	336,027	324,882	316,265	311,077	302,760	284,963	266,226	234,679	202,998	185,842	165,803	151,070	134,892	116,127	90,293	64,310	0	0	0