SERVICE PROPERTIES TRUST HPT Income Statement

Service properties trust (HPT)

Income statement / TTM

Mar'20	Dec'19	Sep'19	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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues:
Minimum rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
2,275	2,316	2,286	2,289	2,290	2,294	2,278	2,253	2,211	2,171	2,116	2,081	2,061	2,047	2,035	2,003	1,960	1,921	1,884	1,832	1,777	1,736	1,690	1,643	1,603	1,563	1,501	1,419	1,350	1,296	1,270	1,259	1,229	1,210	1,182	1,144	1,113	1,085	1,082	1,067	0	0	0
Expenses:
Hotel operating expenses
1,364	1,410	1,409	1,397	1,389	1,387	1,363	1,341	1,306	1,274	1,244	1,223	1,208	1,202	1,196	1,183	1,162	1,143	1,124	1,095	1,062	1,035	1,005	975	953	929	878	812	757	700	673	657	616	596	564	524	501	477	484	478	0	0	0
Other operating expenses
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
457	428	404	402	402	403	400	397	392	386	377	369	363	357	352	346	338	329	322	318	316	315	314	310	305	299	290	281	271	260	249	240	233	228	229	230	233	238	240	243	0	0	0
General and administrative
56	54	103	104	105	104	87	87	104	125	84	108	115	99	147	129	104	109	58	55	55	45	54	50	49	50	48	46	45	44	42	43	42	40	40	39	38	38	39	39	0	0	0
Acquisition and transaction related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	1	2	2	1	1	0	0	0	1	3	3	5	4	3	4	2	2	0	-	0	0	-	-	-	-	-	-	-
Loss on asset impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	8	8	0	0	-	-	0	-	-	-	0	-	-	-
Total expenses
1,946	1,943	1,924	1,910	1,904	1,900	1,857	1,831	1,809	1,791	1,707	1,702	1,688	1,660	1,697	1,660	1,607	1,585	1,508	1,470	1,434	1,397	1,374	1,344	1,319	1,290	1,238	1,154	1,086	1,018	978	953	913	884	990	949	938	918	781	778	0	0	0
Income before gain on sale of real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale of real estate
-6	159	159	159	159	0	9	0	0	-	0	-	-	-	0	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividend income
0	1	2	3	3	2	2	2	2	2	2	2	2	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
-	-	-	-	-	-	-	-	-	-	-	0	373	-	338	343	352	335	376	362	342	339	316	299	284	273	262	264	264	278	292	305	316	325	191	194	175	167	300	289	0	0	0
Unrealized gains (losses) on equity securities, net
-66	-40	-149	-102	-20	-16	89	45	24	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
1	2	2	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest expense (including amortization of debt issuance costs and debt discounts and premiums of $3,288 and $2,570 respectively)
246	225	201	198	197	195	191	189	185	181	172	167	163	161	161	156	151	144	143	140	140	139	141	145	145	145	142	139	137	136	135	134	134	134	133	133	135	138	140	141	0	0	0
Gain (Loss) on Extinguishment of Debt
-	-	0	0	-	-	0	0	-	-	0	0	-	-0	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0
Income (loss) before income taxes and equity in earnings of an investee
3	262	166	242	332	186	322	291	254	211	248	214	212	226	143	152	167	156	233	221	202	198	173	152	138	127	109	125	126	142	167	171	182	191	58	61	33	21	165	165	0	0	0
Income Tax Expense (Benefit)
2	2	0	0	1	1	-3	-3	-3	-3	2	2	4	4	3	3	1	1	2	1	1	1	0	1	-4	-5	-6	-7	1	1	4	5	1	1	-0	-0	0	0	2	2	0	0	0
Equity in earnings (losses) of an investee
-0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-0	-0	0	0	0	-
Net income (loss)
0	259	165	242	331	185	326	294	258	215	246	212	208	223	140	149	176	166	242	230	201	197	173	151	143	133	127	144	136	151	163	166	180	190	202	0	0	-	0	-	-	-	-
Other comprehensive income (loss):
Unrealized gain on investment in available for sale securities
-	-	-	-	-	-	-	-	-	39	23	30	59	54	17	-11	-40	-41	1	20	31	9	5	-5	-4	13	6	14	8	1	4	-0	-1	-0	0	0	0	-	-	-	-	-	-
Equity interest in investee’s unrealized gains (losses)
0	0	-0	0	0	-0	0	0	0	0	0	0	0	0	-0	-0	0	0	0	0	-0	0	-0	-0	0	0	0	0	-0	-0	-0	-0	-0	-0	0	0	0	-	-	-	-	-	-
Other comprehensive income (loss)
0	0	-0	0	0	-0	19	26	17	39	23	30	59	55	18	-11	-40	-41	1	20	31	9	5	-5	-4	13	6	14	8	1	4	-0	-1	-0	0	0	0	-	-	-	-	-	-
Comprehensive income (loss)
0	259	165	242	331	185	345	321	276	254	270	243	267	278	158	138	136	125	243	250	233	207	179	146	138	146	133	159	144	153	168	165	179	189	0	0	0	-	-	-	-	-	-
Net income
0	259	165	242	331	185	326	294	258	215	246	212	208	223	140	149	176	166	242	230	201	197	173	151	143	133	127	144	136	151	163	166	180	190	59	61	33	21	162	163	0	0	0
Preferred distributions
-	-	-	-	-	-	-	-	-	1	6	11	16	20	20	20	20	20	20	20	20	20	20	20	23	26	29	34	37	40	39	36	33	29	29	29	29	29	29	29	0	0	0
Excess of liquidation preference over carrying value of preferred shares redeemed
-	-	-	-	-	-	-	-	-	9	9	9	9	0	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	7	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income available for common shareholders
-	-	-	-	-	-	-	-	-	203	230	191	181	202	119	129	156	145	221	209	180	176	152	125	113	100	91	104	94	103	116	126	143	160	29	32	3	-8	132	133	0	0	0
Weighted average common shares outstanding (basic) (in shares)
164	164	164	164	164	164	164	164	164	164	164	164	164	164	157	151	151	151	151	150	149	149	149	149	149	-	139	-	-	-	-	-	-	-	123	123	123	123	123	123	123	118	95
Weighted average common shares outstanding (diluted) (in shares)
164	164	164	164	164	164	164	164	164	164	164	164	164	164	157	151	151	151	151	150	150	149	150	149	149	-	139	-	-	-	-	-	-	-	123	123	123	123	123	123	123	118	95
Weighted average common shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	139	125	-	123	123	123	-	-	-	-	-	-	-	-	-	-
Net income per common share (basic and diluted) (in dollars per share)
-0.20	-0.08	0.24	0.05	1.37	-0.66	0.71	0.59	0.49	0.19	0.52	0.37	0.16	0.35	0.30	0.34	0.31	-0.16	0.37	0.52	0.24	0.34	0.29	0.33	0.22	-	-	0.27	0.15	0.15	0.24	0.22	0.23	-	-	-	-	-	-	-	-	-	-
Basic net income available for common shareholders per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12	-	-	-	-	-	-	-	0.32	0.36	0.37	-0.82	0.35	0.13	0.27	0.34	0.46
Diluted net income available for common shareholders per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12	-	-	-	-	-	-	-	0.32	0.36	0.37	-0.82	0.35	0.13	0.27	0.34	0.46
Hotel [Member]
Total revenues
1,917	1,989	1,984	1,980	1,968	1,958	1,943	1,918	1,877	1,840	1,792	1,762	1,744	1,733	1,726	1,698	1,663	1,636	1,606	1,564	1,514	1,474	1,432	1,386	1,349	1,310	1,229	1,132	1,047	980	960	951	916	889	848	798	764	736	743	737	0	0	0
Rental income
Total revenues
353	322	296	304	317	330	330	330	329	326	318	315	312	309	304	300	292	280	274	264	259	258	256	254	253	251	266	277	289	300	295	293	298	304	315	324	326	326	316	310	0	0	0
FF&E reserve income
Total revenues
3	4	4	4	5	5	5	4	4	4	4	4	4	4	4	4	4	4	3	3	3	3	1	1	1	1	5	9	13	15	15	14	14	16	18	21	21	22	21	20	0	0	0