Service properties trust (HPT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Minimum rent

-

-

-

-

-

-

-

296,016

302,703

325,321

301,058

322,949

Percentage rent

-

-

-

-

-

-

-

4,338

1,879

1,450

1,426

5,102

Total revenues

2,316,148

2,294,536

2,171,935

2,047,211

1,921,904

1,736,322

1,563,855

1,296,982

1,210,333

1,085,488

1,037,033

1,251,362

Expenses:
Hotel operating expenses

1,410,927

1,387,065

1,274,642

1,202,538

1,143,981

1,035,138

929,581

700,939

596,616

477,595

460,869

620,008

Other operating expenses

8,357

5,290

4,905

-

-

-

-

-

-

-

-

-

Depreciation and amortization

428,448

403,077

386,659

357,342

329,776

315,878

299,323

260,831

228,342

238,089

245,868

239,166

General and administrative

54,639

104,862

125,402

99,105

109,837

45,897

50,087

44,032

40,963

38,961

39,526

37,751

Acquisition and transaction related costs

1,795

0

0

1,367

2,375

239

3,273

4,173

2,185

-

-

-

Loss on asset impairment

39,296

0

0

-

-

-

8,008

8,547

16,384

163,681

-

53,225

Total expenses

1,943,462

1,900,294

1,791,608

1,660,352

1,585,969

1,397,152

1,290,272

1,018,522

884,490

918,326

746,263

896,925

Income before gain on sale of real estate

-

-

-

-

155,403

197,055

133,178

141,321

-

-

-

-

Gain (loss) on sale of real estate

159,535

0

9,348

0

11,015

130

-

10,602

-

-

-

114

Dividend income

1,752

2,754

2,504

2,001

2,640

0

-

-

-

-

-

-

Operating income (loss)

-

-

-

-

335,935

339,170

273,583

278,460

325,843

167,162

290,770

354,437

Unrealized gains (losses) on equity securities, net

-40,461

-16,737

0

0

-

-

-

-

-

-

-

-

Interest income

2,215

1,528

798

274

44

77

121

268

70

260

214

1,312

Interest expense (including amortization of debt issuance costs and debt discounts and premiums of $3,288 and $2,570 respectively)

225,126

195,213

181,579

161,913

144,898

139,486

145,954

136,111

134,110

138,712

143,410

156,844

Loss on distribution to common shareholders of The RMR Group Inc. common stock

-

-

-

-

36,773

0

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-8,451

-160

-146

-228

0

855

-

-

-

-6,720

51,097

-

Income (loss) before income taxes and equity in earnings of an investee

262,150

186,414

211,252

226,993

156,948

198,906

127,750

142,617

191,803

21,989

198,537

126,181

Reserve for straight line rent receivable

-

-

-

-

-

-

-

-

-

-

-

19,613

Income Tax Expense (Benefit)

2,793

1,195

-3,284

4,020

1,566

1,945

-5,094

1,612

1,502

638

5,196

1,846

Equity in earnings (losses) of an investee

393

515

607

137

21

94

334

316

139

-1

-134

-

Net income (loss)

259,750

185,734

215,143

223,110

166,418

197,185

133,178

151,923

190,440

21,351

193,341

-

Other comprehensive income (loss):
Unrealized gain on investment in available for sale securities

0

0

39,315

54,954

-41,307

9,849

13,233

1,143

-701

-1,001

-

-

Equity interest in investee’s unrealized gains (losses)

91

-68

460

152

20

3

51

-22

-75

-2

-

-

Other comprehensive income (loss)

91

-68

39,775

55,106

-41,327

9,852

13,182

1,165

-626

-999

-

-

Comprehensive income (loss)

259,841

185,666

254,918

278,216

125,091

207,037

146,360

153,088

189,814

20,352

-

-

Net income

259,750

185,734

215,143

223,110

166,418

197,185

133,178

151,923

190,440

21,351

193,341

124,335

Preferred distributions

0

0

1,435

20,664

20,664

20,664

26,559

40,145

29,880

29,880

29,880

29,880

Excess of liquidation preference over carrying value of preferred shares redeemed

0

0

9,893

0

0

-

-5,627

7,984

-

-

-

-

Net income available for common shareholders

259,750

185,734

203,815

202,446

145,754

176,521

100,992

103,794

160,560

-8,529

163,461

94,455

Weighted average common shares outstanding (basic) (in shares)

164,312

164,229

164,146

156,062

150,709

149,652

137,421

123,463

-

123,403

107,984

93,944

Weighted average common shares outstanding (diluted) (in shares)

164,340

164,258

164,175

156,088

151,002

149,817

137,514

123,487

-

123,403

107,984

93,944

Weighted average common shares outstanding (in shares)

-

-

-

-

-

-

-

-

123,470

-

-

-

Net income per common share (basic and diluted) (in dollars per share)

1.58

1.13

1.24

1.30

0.97

1.18

0.73

0.84

1.30

-

-

-

Basic net income available for common shareholders per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.07

1.51

1.01

Diluted net income available for common shareholders per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.07

1.51

1.01

Hotel [Member]
Total revenues

1,989,173

1,958,598

1,840,829

1,733,103

1,636,834

1,474,757

1,310,969

980,732

889,120

736,363

715,615

899,474

Rental income
Total revenues

322,236

330,806

326,436

309,600

280,935

258,062

251,866

300,354

304,582

326,771

302,484

328,051

FF&E reserve income
Total revenues

4,739

5,132

4,670

4,508

4,135

3,503

1,020

15,896

16,631

22,354

18,934

23,837