HERSHA HOSPITALITY TRUST HT Balance Sheet

Hersha hospitality trust (HT)

Balance Sheet / Quarterly

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	Dec'10
Assets:
Investment in Hotel Properties, Net of Accumulated Depreciation
1,924	1,975	1,989	1,999	2,010	2,026	2,025	2,039	2,033	2,009	2,034	2,051	1,924	1,767	1,651	1,682	1,702	1,831	1,790	1,781	1,732	1,745	1,752	1,760	1,558	1,535	1,487	1,672	1,469	1,466	1,477	1,472	1,378	1,341	1,250	1,346	1,245
Investment in Unconsolidated Joint Ventures
8	8	6	6	2	4	4	3	3	3	3	3	2	11	11	17	9	10	10	10	10	11	11	11	11	12	14	14	14	16	16	16	31	38	37	39	35
Development Loans Receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	28	33	33	36	35	35	42	41
Cash and Cash Equivalents
23	27	31	36	33	32	37	46	31	17	57	59	47	185	135	236	23	27	29	28	31	21	37	29	24	36	46	29	83	69	57	33	25	24	68	67	65
Escrow Deposits
8	9	10	10	8	8	9	7	7	7	8	7	7	8	14	15	20	19	18	16	17	16	20	21	21	25	30	33	31	26	25	24	22	27	26	26	17
Hotel Accounts Receivable
3	9	9	10	12	10	9	11	11	11	13	12	11	8	8	8	10	9	11	10	10	9	10	13	10	9	11	13	11	11	15	13	11	11	15	14	9
Deferred Financing Costs, Net of Accumulated Amortization of $8,024 and $6,938
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	8	7	8	8	8	8	7	8	9	7	8	8	7	8	9	9	9	10
Due from Related Parties
1	6	5	5	5	3	5	4	5	5	4	6	18	18	12	14	6	6	6	6	6	6	6	6	5	11	6	5	12	8	8	9	8	6	6	7	5
Intangible Assets, Net of Accumulated Amortization of $6,693 and $6,545
1	2	2	2	2	13	15	15	16	16	16	17	17	16	16	14	14	13	13	7	7	7	7	7	7	7	8	8	8	8	9	9	9	8	7	7	7
Right of Use Assets
45	45	45	45	46	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits on Hotel Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-	-	5	-	-	-	-	-	-	16	18	15	16	40	37	36	34	25	19	30	-	5
Other Assets
39	38	36	37	42	40	44	48	49	49	46	38	37	39	37	37	36	39	31	34	29	28	30	35	24	27	24	21	25	25	14	14	14	14	13	34	12
Assets Held-for-sale, Not Part of Disposal Group
41	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel Assets Held for Sale
-	-	-	-	-	-	14	0	0	15	0	-	57	98	123	-	264	-	-	-	-	-	-	-	28	56	178	8	-	-	0	0	25	93	93	2	0
Total Assets
2,098	2,122	2,139	2,156	2,165	2,138	2,166	2,177	2,158	2,138	2,185	2,196	2,124	2,155	2,016	2,026	2,088	1,962	1,922	1,904	1,854	1,855	1,885	1,893	1,718	1,748	1,831	1,832	1,718	1,707	1,701	1,668	1,598	1,630	1,594	1,599	1,457
Liabilities and Equity:
Line of Credit
70	48	46	37	37	10	26	26	36	16	-	-	-	0	-	-	178	27	-	128	34	0	27	27	23	0	79	66	0	-	28	30	87	51	29	28	46
Unsecured Term Loans, Net of Unamortized Deferred Financing Costs (Note 5)
697	697	696	698	698	698	698	697	697	715	721	707	707	663	609	508	547	547	495	250	250	250	250	250	150	150	150	150	150	50	-	-	-	0	-	-	-
Unsecured Notes Payable, Net of Unamortized Deferred Financing Costs (Note 5)
50	50	50	50	50	50	50	50	53	53	50	50	50	50	50	50	50	50	51	51	51	51	51	51	51	51	51	51	-	51	-	-	-	-	-	-	-
Mortgages Payable, Net of Unamortized Premium and Unamortized Deferred Financing Costs
331	332	332	333	333	334	334	334	307	307	311	311	312	337	350	494	495	544	543	605	613	617	613	615	571	571	568	649	656	641	751	709	697	707	685	719	648
Lease Liabilities
54	54	54	54	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts Payable, Accrued Expenses and Other Liabilities
74	47	51	50	43	70	65	63	58	58	62	71	65	65	58	58	56	59	54	54	52	54	56	52	49	40	34	34	39	33	33	32	32	31	29	27	28
Dividends and Distributions Payable
0	17	17	17	17	17	17	17	17	17	17	17	17	26	16	14	16	16	17	17	17	17	17	15	15	15	15	15	15	15	15	15	14	13	13	12	9
Due to Related Parties
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	3	8	6	6	9	7	3	6	6	4	7	6	5	4	5	4	3	2	0	1	0
Liabilities Related To Hotel Assets Held for Sale
-	-	-	-	-	-	-	-	-	-	-	-	-	51	51	81	55	-	-	-	-	-	-	-	18	45	79	-	-	-	0	0	18	61	62	-	0
Deferred Gain on Disposition of Hotel Assets
-	-	-	-	-	-	0	0	0	81	81	81	81	81	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities
1,279	1,247	1,250	1,241	1,235	1,181	1,191	1,189	1,170	1,250	1,244	1,240	1,234	1,275	1,217	1,208	1,405	1,254	1,168	1,113	1,029	998	1,019	1,018	887	880	986	974	866	846	834	791	854	868	820	789	734
Redeemable Noncontrolling Interests - Consolidated Joint Venture (Note 1)
3	3	3	2	2	2	2	2	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable Noncontrolling Interests - Common Units (Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	15	15	16	16	14	12	17	19
Equity:
Shareholders' Equity:
Preferred Shares: $.01 Par Value, 29,000,000 Shares Authorized, 3,000,000 Series C, 7,701,700 Series D and 4,001,514 Series E Shares Issued and Outstanding at March 31, 2020 and December 31, 2019, with Liquidation Preferences of $25.00 Per Share (Note 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	-	-	-	-	-	-	-
Common Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Accumulated Other Comprehensive (Loss) Income
-26	1	-4	-3	1	4	7	7	7	3	0	0	1	1	-0	-0	-0	-0	-1	-0	-0	-0	-0	-0	-0	-0	-0	0	-1	-1	-2	-1	-1	-1	1	-0	-0
Additional Paid-in Capital
1,145	1,144	1,143	1,152	1,151	1,155	1,155	1,156	1,154	1,164	1,194	1,198	1,197	1,198	1,104	1,118	1,083	1,086	1,124	1,154	1,183	1,194	1,191	1,190	1,189	1,200	1,198	1,196	1,194	1,178	1,176	1,173	1,042	1,041	1,042	1,036	918
Distributions in Excess of Net Income
362	338	318	302	291	267	253	241	237	335	309	295	357	364	345	337	432	408	400	393	389	365	356	346	387	364	383	370	372	348	340	330	332	310	297	262	236
Total Shareholders' Equity
756	807	821	847	862	892	909	923	925	833	885	904	842	835	758	780	650	678	723	760	795	829	837	845	803	837	816	828	822	829	836	843	711	730	744	775	683
Noncontrolling Interests - Common Units and LTIP Units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	39	34	31	31	31	30	29	29	30	28	29	28	29	29	15	15	16	16	16	16	18	19
Noncontrolling Interests - Consolidated Joint Ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0
Noncontrolling Interest - Consolidated Variable Interest Entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-1	-1	-1	-1	-1	-1	-0	-0	-0	-0	-0	0	0	0	0	-	-	0	-	-	-
Noncontrolling Interests Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Noncontrolling Interests (Note 1)
59	64	64	64	64	62	62	63	63	54	55	51	47	44	40	37	32	30	29	29	29	28	28	29	28	29	28	29	30	15	16	17	16	17	17	18	19
Total Equity
815	871	885	912	927	954	972	986	988	888	941	956	889	879	798	817	683	708	753	790	824	857	866	875	831	867	845	858	852	845	852	860	727	747	761	793	703
Total Liabilities and Equity
2,098	2,122	2,139	2,156	2,165	2,138	2,166	2,177	2,158	2,138	2,185	2,196	2,124	2,155	2,016	2,026	2,088	1,962	1,922	1,904	1,854	1,855	1,885	1,893	1,718	1,748	1,831	1,832	1,718	1,707	1,701	1,668	1,598	1,630	1,594	1,599	1,457
Class A Common Shares
Common Shares
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Shares
Common Shares
0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-