| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||||||
Total revenues | ||||||||||||||||
599,000 | 810,000 | 672,000 | 703,000 | 659,000 | 686,000 | 652,000 | 731,000 | 668,000 | 686,000 | 688,000 | 733,000 | 684,000 | 670,000 | 671,000 | 725,000 | 661,000 |
Operating expenses | ||||||||||||||||
Other property-level | ||||||||||||||||
60,000 | 67,000 | 54,000 | 49,000 | 49,000 | 50,000 | 54,000 | 50,000 | 53,000 | 49,000 | 55,000 | 51,000 | 51,000 | 58,000 | 43,000 | 47,000 | 45,000 |
Management fees | ||||||||||||||||
25,000 | 38,000 | 32,000 | 36,000 | 33,000 | 33,000 | 32,000 | 39,000 | 33,000 | 33,000 | 34,000 | 39,000 | 34,000 | 18,000 | 22,000 | 25,000 | 26,000 |
Impairment loss and casualty gain, net | ||||||||||||||||
694,000 | - | 8,000 | - | - | - | -1,000 | - | - | - | 2,000 | - | - | - | - | - | - |
Impairment loss | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 15,000 |
Depreciation and amortization | ||||||||||||||||
75,000 | 80,000 | 61,000 | 61,000 | 62,000 | 69,000 | 69,000 | 69,000 | 70,000 | 71,000 | 74,000 | 73,000 | 70,000 | 80,000 | 73,000 | 74,000 | 73,000 |
Corporate general and administrative | ||||||||||||||||
16,000 | 9,000 | 14,000 | 22,000 | 17,000 | 18,000 | 16,000 | 15,000 | 16,000 | 23,000 | 15,000 | 16,000 | 14,000 | - | - | - | - |
Acquisition costs | ||||||||||||||||
- | - | 59,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other | ||||||||||||||||
21,000 | 17,000 | 23,000 | 18,000 | 20,000 | 19,000 | 19,000 | 18,000 | 17,000 | 17,000 | 18,000 | 15,000 | 13,000 | -37,000 | 21,000 | 19,000 | 16,000 |
Total expenses | ||||||||||||||||
1,298,000 | 661,000 | 635,000 | 580,000 | 561,000 | 587,000 | 570,000 | 589,000 | 583,000 | 622,000 | 599,000 | 610,000 | 590,000 | 583,000 | 561,000 | 584,000 | 581,000 |
Gain on sales of assets, net | ||||||||||||||||
62,000 | -1,000 | 1,000 | -12,000 | 31,000 | -2,000 | 2,000 | 7,000 | 89,000 | - | - | - | - | - | - | 1,000 | - |
Operating (loss) income | ||||||||||||||||
-637,000 | 148,000 | 38,000 | 111,000 | 129,000 | 97,000 | 84,000 | 149,000 | 174,000 | 65,000 | 89,000 | 123,000 | 94,000 | 87,000 | 110,000 | 142,000 | 80,000 |
Interest income | ||||||||||||||||
1,000 | 1,000 | 2,000 | 2,000 | 1,000 | 2,000 | 2,000 | 1,000 | 1,000 | - | 1,000 | 1,000 | - | - | - | 1,000 | - |
Interest expense | ||||||||||||||||
40,000 | 42,000 | 33,000 | 33,000 | 32,000 | 33,000 | 32,000 | 31,000 | 31,000 | 31,000 | 32,000 | 31,000 | 30,000 | 40,000 | 49,000 | 46,000 | 46,000 |
Equity in (losses) earnings from investments in affiliates | ||||||||||||||||
-1,000 | -4,000 | 3,000 | 10,000 | 5,000 | 2,000 | 4,000 | 8,000 | 4,000 | 22,000 | 6,000 | 8,000 | 4,000 | -13,000 | 6,000 | 7,000 | 3,000 |
Loss on foreign currency transactions | ||||||||||||||||
-2,000 | - | -2,000 | - | - | 1,000 | -1,000 | -4,000 | 1,000 | 0 | -1,000 | -4,000 | 1,000 | - | 1,000 | -1,000 | - |
Other gain, net | ||||||||||||||||
- | 45,000 | 1,000 | -1,000 | 1,000 | - | -2,000 | 108,000 | - | - | -2,000 | -1,000 | - | - | -5,000 | -2,000 | - |
(Loss) income before income taxes | ||||||||||||||||
-679,000 | 149,000 | 9,000 | 89,000 | 104,000 | 65,000 | 55,000 | 231,000 | 149,000 | 59,000 | 61,000 | 96,000 | 69,000 | 20,000 | 63,000 | 101,000 | 37,000 |
Income tax expense | ||||||||||||||||
10,000 | 23,000 | 0 | 5,000 | 7,000 | 10,000 | -5,000 | 13,000 | 5,000 | -2,000 | -44,000 | -19,000 | -2,281,000 | 3,000 | 26,000 | 39,000 | 14,000 |
Net (loss) income | ||||||||||||||||
-689,000 | 126,000 | 9,000 | 84,000 | 97,000 | 55,000 | 55,000 | 218,000 | 149,000 | 61,000 | 105,000 | 115,000 | 2,350,000 | 17,000 | 37,000 | 62,000 | 23,000 |
Net loss (income) attributable to noncontrolling interests | ||||||||||||||||
-1,000 | 3,000 | 4,000 | 2,000 | 1,000 | 1,000 | 3,000 | 2,000 | -1,000 | - | 2,000 | 3,000 | - | 0 | 3,000 | 2,000 | 1,000 |
Net (loss) income attributable to stockholders | ||||||||||||||||
-688,000 | 123,000 | 5,000 | 82,000 | 96,000 | 54,000 | 52,000 | 216,000 | 150,000 | 60,000 | 103,000 | 112,000 | 2,350,000 | 17,000 | 34,000 | 60,000 | 22,000 |
Other comprehensive (loss) income, net of tax expense: | ||||||||||||||||
Currency translation adjustment, net of tax expense of $0 | ||||||||||||||||
-2,000 | - | -3,000 | 1,000 | - | 3,000 | -1,000 | 0 | 37,000 | 0 | 8,000 | 7,000 | 7,000 | -16,000 | 0 | 0 | 9,000 |
Total other comprehensive (loss) income | ||||||||||||||||
-2,000 | - | -3,000 | 1,000 | - | 3,000 | -1,000 | 0 | 37,000 | 0 | 8,000 | 7,000 | 7,000 | -16,000 | 0 | 0 | 9,000 |
Comprehensive (loss) income | ||||||||||||||||
-691,000 | 131,000 | 6,000 | 85,000 | 97,000 | 58,000 | 54,000 | 218,000 | 186,000 | 61,000 | 113,000 | 122,000 | 2,357,000 | 1,000 | 37,000 | 62,000 | 32,000 |
Comprehensive loss (income) attributable to noncontrolling interests | ||||||||||||||||
-1,000 | 3,000 | 4,000 | 2,000 | 1,000 | 1,000 | 3,000 | 2,000 | -1,000 | 1,000 | 2,000 | 3,000 | 0 | 0 | 3,000 | 2,000 | 1,000 |
Comprehensive (loss) income attributable to stockholders | ||||||||||||||||
-690,000 | 128,000 | 2,000 | 83,000 | 96,000 | 57,000 | 51,000 | 216,000 | 187,000 | 60,000 | 111,000 | 119,000 | 2,357,000 | 1,000 | 34,000 | 60,000 | 31,000 |
(Loss) Earnings per share: | ||||||||||||||||
(Loss) earnings per share - Basic | ||||||||||||||||
-2.89 | 0.54 | 0.02 | 0.40 | 0.48 | 0.28 | 0.26 | 1.07 | 0.71 | -0.25 | 0.48 | 0.52 | 11.63 | 0.09 | 0.17 | 0.30 | 0.11 |
(Loss) earnings per share - Diluted | ||||||||||||||||
-2.89 | 0.54 | 0.02 | 0.40 | 0.48 | 0.27 | 0.26 | 1.07 | 0.71 | 0.20 | 0.48 | 0.52 | 11.01 | 0.09 | 0.17 | 0.30 | 0.11 |
Weighted average shares outstanding - Basic | ||||||||||||||||
238,000 | 240,000 | 206,000 | 201,000 | 201,000 | 201,000 | 200,000 | 200,000 | 211,000 | 214,000 | 214,000 | 214,000 | 202,000 | 198,000 | 198,000 | 198,000 | 198,000 |
Weighted average shares outstanding - Diluted | ||||||||||||||||
238,000 | 241,000 | 207,000 | 202,000 | 202,000 | 202,000 | 201,000 | 201,000 | 212,000 | 213,000 | 215,000 | 215,000 | 213,000 | 198,000 | 198,000 | 198,000 | 198,000 |
Dividends declared per common share | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0.43 | 0.43 | 0.43 | - | - | - | - |
Rooms [Member] | ||||||||||||||||
Total revenues | ||||||||||||||||
362,000 | 502,000 | 431,000 | 435,000 | 403,000 | 418,000 | 429,000 | 451,000 | 418,000 | 433,000 | 460,000 | 469,000 | 432,000 | 434,000 | 460,000 | 472,000 | 429,000 |
Expenses | ||||||||||||||||
112,000 | 133,000 | 114,000 | 113,000 | 107,000 | 112,000 | 113,000 | 112,000 | 112,000 | 116,000 | 119,000 | 118,000 | 113,000 | 112,000 | 120,000 | 118,000 | 114,000 |
Food and Beverage [Member] | ||||||||||||||||
Total revenues | ||||||||||||||||
161,000 | 209,000 | 156,000 | 195,000 | 183,000 | 181,000 | 144,000 | 205,000 | 183,000 | 187,000 | 160,000 | 200,000 | 192,000 | 183,000 | 156,000 | 200,000 | 180,000 |
Expenses | ||||||||||||||||
123,000 | 147,000 | 117,000 | 130,000 | 124,000 | 127,000 | 111,000 | 131,000 | 126,000 | 128,000 | 120,000 | 132,000 | 131,000 | 128,000 | 117,000 | 131,000 | 127,000 |
Ancillary Hotel [Member] | ||||||||||||||||
Total revenues | ||||||||||||||||
57,000 | 81,000 | 63,000 | 54,000 | 55,000 | 68,000 | 60,000 | 58,000 | 50,000 | 49,000 | 50,000 | 48,000 | 47,000 | - | - | - | - |
Other [Member] | ||||||||||||||||
Total revenues | ||||||||||||||||
19,000 | 18,000 | 22,000 | 19,000 | 18,000 | 19,000 | 19,000 | 17,000 | 17,000 | 17,000 | 18,000 | 16,000 | 13,000 | -137,000 | 55,000 | 53,000 | 52,000 |
Other Departmental and Support [Member] | ||||||||||||||||
Expenses | ||||||||||||||||
172,000 | 185,000 | 153,000 | 151,000 | 149,000 | 159,000 | 157,000 | 155,000 | 156,000 | 161,000 | 162,000 | 166,000 | 164,000 | 153,000 | 165,000 | 170,000 | 165,000 |