Lasalle hotel properties (LHO)
Balance Sheet / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets:
Investment in hotel properties, net (Note 3)

3,253

3,288

3,297

3,265

3,271

3,300

3,456

3,672

3,721

3,756

3,824

3,817

3,825

3,858

3,877

3,428

3,378

3,431

3,370

3,383

3,390

3,037

3,031

3,053

2,826

2,845

2,848

2,712

2,266

2,286

2,302

2,229

2,137

1,933

1,882

Note receivable (Note 3)

-

-

-

-

-

-

-

-

0

0

80

80

80

-

-

0

0

0

0

71

70

69

69

68

67

-

-

0

-

-

-

-

-

-

-

Note receivable held for sale (Note 13)

-

-

-

-

-

-

-

-

-

80

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property under development

18

14

18

49

41

23

15

21

14

10

29

54

41

20

15

35

19

7

4

15

12

26

25

16

7

5

14

21

12

6

7

15

68

62

64

Assets held for sale (Note 3)

-

-

-

-

0

0

36

23

-

65

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

20

-

-

0

Cash and cash equivalents

248

220

228

400

444

461

361

134

134

43

9

5

23

26

17

114

17

12

16

13

15

15

19

35

5

24

11

20

197

210

11

13

29

28

8

Restricted cash reserves (Note 5)

14

14

13

14

14

13

12

15

15

23

24

26

26

21

22

21

22

23

19

19

18

15

17

17

16

17

15

16

19

20

20

19

17

14

11

Hotel receivables (net of allowance for doubtful accounts of $395 and $404, respectively)

41

43

30

35

43

43

33

35

46

49

41

39

52

59

42

30

52

47

37

30

47

41

36

28

40

36

28

23

27

34

24

20

27

35

18

Debt issuance costs for borrowings under credit facilities, net

2

2

3

3

3

3

4

1

2

2

2

3

7

5

6

6

7

7

7

6

6

7

7

8

8

7

5

6

1

1

1

1

1

1

1

Deferred tax assets

1

2

5

2

1

2

6

1

2

2

9

3

1

1

6

1

1

3

8

1

1

1

6

1

1

3

8

5

6

8

13

10

10

11

13

Prepaid expenses and other assets

77

64

58

43

49

46

43

38

41

43

38

39

44

33

30

61

36

44

49

40

42

49

29

27

34

30

30

27

50

25

24

25

40

22

22

Total assets

3,659

3,651

3,656

3,814

3,870

3,894

3,969

3,944

3,977

4,077

4,060

4,069

4,102

4,026

4,017

3,700

3,535

3,577

3,515

3,581

3,604

3,265

3,243

3,256

3,008

2,970

2,964

2,833

2,580

2,592

2,405

2,355

2,331

2,109

2,023

Liabilities:
Borrowings under credit facilities (Note 4)

0

0

0

0

0

0

0

0

0

190

343

21

380

531

342

0

158

197

196

220

461

180

51

153

209

380

428

265

0

0

76

120

135

-

6

Term loans, net of unamortized debt issuance costs (Note 4)

853

853

853

853

853

852

852

852

852

852

852

852

477

477

477

477

477

477

477

477

477

477

477

477

377

177

-

0

-

-

-

-

-

-

-

Bonds payable, net of unamortized debt issuance costs (Note 4)

0

0

0

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

Mortgage loan, net of unamortized debt issuance costs (Note 4)

224

224

224

224

224

223

223

223

223

223

222

508

512

288

499

501

502

503

513

514

515

516

577

579

580

581

583

643

644

645

646

646

582

582

595

Preferred shares at redemption value (Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

152

147

144

134

153

152

143

171

190

202

190

181

201

185

174

162

165

168

153

161

159

106

104

101

99

93

83

78

82

79

78

73

75

69

60

Liabilities of assets held for sale (Note 3)

-

-

-

-

0

0

27

0

-

5

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2

-

-

0

Advance deposits

33

32

27

26

31

36

31

33

35

36

31

28

33

34

29

19

23

26

24

18

21

23

20

16

15

18

15

12

13

15

12

8

10

14

10

Accrued interest

2

2

2

2

2

2

2

2

2

2

2

3

2

2

3

3

3

3

3

3

3

3

4

4

3

3

3

3

2

2

3

3

2

2

3

Distributions payable

4

28

53

55

55

55

56

56

56

55

53

53

53

54

45

45

42

43

33

33

31

23

24

23

21

21

16

16

16

16

15

14

14

7

7

Deferred deposit on Merger transaction (Note 1)

112

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

1,382

1,289

1,306

1,338

1,362

1,366

1,380

1,382

1,402

1,609

1,739

1,691

1,705

1,616

1,614

1,251

1,415

1,520

1,444

1,471

1,712

1,373

1,302

1,397

1,350

1,318

1,171

1,062

803

803

874

911

863

718

724

Redeemable noncontrolling interest in consolidated entity (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

2

2

2

Commitments and contingencies (Note 5)

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

-

-

-

Equity:
Shareholders Equity:
Preferred shares of beneficial interest, $0.01 par value (liquidation preference of $260,000), 40,000,000 shares authorized; 10,400,000 shares issued and outstanding (Note 6)

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

Common shares of beneficial interest, $0.01 par value, 200,000,000 shares authorized; 113,251,427 shares issued and 110,397,737 shares outstanding, and 113,251,427 shares issued and 113,209,392 shares outstanding, respectively (Note 6)

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Treasury shares, at cost (Note 6)

71

71

71

1

0

0

0

0

0

1

1

4

5

0

0

0

0

1

0

0

0

0

0

0

0

0

0

24

18

0

0

0

0

0

0

Additional paid-in capital, net of offering costs of $82,865 and $82,842, respectively

2,768

2,766

2,765

2,767

2,766

2,766

2,830

2,830

2,829

2,828

2,681

2,684

2,681

2,679

2,674

2,673

2,324

2,324

2,380

2,379

2,149

2,148

2,225

2,118

1,908

1,907

2,051

2,029

2,026

2,026

1,774

1,659

1,656

1,580

1,469

Accumulated other comprehensive income (Note 4)

23

22

19

10

4

3

4

2

-11

-16

-12

-0

-4

-1

-2

0

3

0

3

4

2

4

-6

-7

-8

-4

-

0

-

-

-

-

-

-

-

Distributions in excess of retained earnings

-447

-359

-366

-305

-266

-246

-250

-275

-245

-346

-351

-306

-278

-272

-277

-233

214

273

319

-281

267

268

284

258

248

258

265

239

231

236

244

216

191

193

174

Total shareholders equity

2,273

2,358

2,347

2,473

2,504

2,524

2,585

2,558

2,571

2,464

2,317

2,374

2,394

2,407

2,396

2,441

2,113

2,051

2,065

2,103

1,886

1,885

1,935

1,853

1,651

1,645

1,786

1,765

1,777

1,789

1,531

1,443

1,465

1,387

1,296

Noncontrolling Interests:
Noncontrolling interests in consolidated entities

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests of common units in Operating Partnership (Note 6)

3

3

3

3

3

3

3

3

3

3

3

3

3

3

6

6

6

6

5

6

5

5

5

5

5

5

5

5

-

-

-

0

-

-

-

Total noncontrolling interests

3

3

3

3

3

3

3

3

3

3

3

3

3

3

6

6

6

6

5

6

5

5

0

5

0

0

0

0

0

0

0

0

0

0

0

Total noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

5

5

5

5

-

-

-

0

-

-

-

Total equity

2,276

2,361

2,350

2,476

2,508

2,527

2,589

2,561

2,575

2,468

2,320

2,377

2,397

2,410

2,402

2,448

2,120

2,057

2,071

2,109

1,891

1,891

1,941

1,858

1,657

1,651

1,792

1,771

1,777

1,789

1,531

1,443

1,465

1,387

1,296

Total liabilities and equity

3,659

3,651

3,656

3,814

3,870

3,894

3,969

3,944

3,977

4,077

4,060

4,069

4,102

4,026

4,017

3,700

3,535

3,577

3,515

3,581

3,604

3,265

3,243

3,256

3,008

2,970

2,964

2,833

2,580

2,592

2,405

2,355

2,331

2,109

2,023