Extended stay america, inc. (STAY)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Dec'12
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,412,562 and $1,372,595

3,492

3,493

3,467

3,458

3,455

3,453

3,468

3,577

3,568

3,753

3,790

3,809

3,837

3,905

3,913

3,913

3,916

3,921

3,912

4,058

4,061

4,087

4,094

4,107

4,134

4,127

4,092

4,110

RESTRICTED CASH

-

-

-

-

-

-

16

44

58

37

21

21

21

21

21

190

186

84

193

191

176

73

161

157

140

47

147

61

CASH AND CASH EQUIVALENTS

710

346

489

286

287

287

370

183

190

113

116

56

64

84

149

137

172

373

107

68

71

121

20

18

15

60

163

103

DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

-

-

-

-

-

-

INTANGIBLE ASSETS - Net of accumulated amortization of $1,069 and $763

33

34

33

31

28

28

27

29

29

27

27

27

28

28

28

29

29

29

30

30

31

31

32

32

32

33

33

34

GOODWILL

45

45

45

45

45

45

45

47

47

48

48

48

49

53

53

53

53

53

53

55

55

55

55

55

55

55

55

55

DEFERRED FINANCING COSTS - Net of accumulated amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

41

34

-

40

43

47

51

56

65

ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,075 and $2,206

-

-

-

-

-

-

24

23

21

21

27

24

20

20

27

25

19

18

26

36

28

26

34

32

25

21

29

18

DEFERRED TAX ASSETS

-

-

-

-

-

-

-

-

-

8

-

-

-

16

-

-

-

0

-

-

-

-

-

-

-

-

-

-

DEFERRED TAX ASSETS

-

-

-

-

-

-

13

14

13

-

11

10

11

-

16

12

5

-

4

4

4

-

-

-

-

-

-

-0

OTHER ASSETS

61

65

71

67

60

66

66

64

61

66

67

71

52

50

46

45

49

48

48

50

46

53

70

56

64

53

33

41

ASSETS HELD FOR SALE

-

-

-

-

-

-

-

-

-

-

-

-

41

-

-

-

-

-

146

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

4,393

4,030

4,155

3,939

3,922

3,924

4,032

3,984

3,991

4,076

4,111

4,071

4,126

4,180

4,256

4,406

4,432

4,528

4,561

4,538

4,510

4,449

4,508

4,505

4,516

4,449

4,612

4,491

LIABILITIES AND EQUITY
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,584 and $10,993

617

618

619

1,117

1,119

1,121

1,198

1,201

1,203

1,265

1,267

1,269

1,272

1,274

1,277

0

0

361

365

364

364

368

373

373

-

-

-

-

Senior notes payable - Net of unamortized deferred financing costs and debt discount of $34,233 and $35,702

2,015

2,014

-

-

-

1,273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loan payable - Net of unamortized deferred financing costs of $19,536

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,484

1,483

1,911

1,931

2,017

2,518

2,490

2,518

2,519

2,519

2,519

2,525

2,525

Mezzanine loans payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

365

365

1,080

1,080

Revolving credit facilities

399

0

-

-

-

-

-

-

-

-

0

0

35

45

25

-

-

0

-

-

25

-

0

-

-

20

-

-

Notes Payable

-

-

2,012

1,275

1,274

-

1,272

1,271

1,270

1,269

1,268

1,267

1,266

1,265

1,264

1,263

1,262

489

500

500

-

-

-

-

-

-

-

-

Finance lease liabilities

3

3

3

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

60

-

-

-

Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,130 and 7,133 shares issued and outstanding

-

-

-

-

-

-

7

7

7

7

7

7

21

21

21

21

21

21

21

21

21

21

21

-

-

21

-

-

Accounts payable and accrued liabilities

238

211

245

222

221

207

235

209

208

188

219

201

196

193

220

200

222

243

212

212

189

172

185

191

200

175

164

124

Finance lease liability

-

-

-

-

-

3

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

0

0

3

3

1

0

0

12

1

4

7

6

18

8

7

7

8

8

Liabilities related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

89

-

-

-

-

-

-

-

-

-

Total liabilities

3,282

2,854

2,888

2,626

2,626

2,613

2,714

2,689

2,689

2,730

2,762

2,746

2,794

2,803

2,809

2,969

2,989

3,040

3,121

3,120

3,125

3,059

3,115

3,142

3,173

3,108

3,778

3,738

COMMITMENTS AND CONTINGENCIES (Note 11)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

0

EQUITY:
Members' capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

744

Common stock - Class A: $0.01 par value, 4,300,000,000 shares authorized, 250,493,583 shares issued and outstanding; Class B: $0.01 par value, 7,800,000,000 shares authorized, 179,483,397 and 188,219,605 shares issued and outstanding

1

1

1

1

1

1

1

1

1

1

1

1

1

1

2

2

2

2

2

2

2

2

2

2

2

2

-

-

Additional paid in capital

723

742

746

751

750

749

749

748

759

768

770

769

772

774

781

780

781

784

782

781

779

779

778

776

774

772

-

-

Retained earnings

-63

-48

66

77

41

32

90

33

-6

6

80

42

24

23

153

130

97

102

122

89

35

13

72

28

-14

-25

83

5

Accumulated other comprehensive (loss) income

-0

0

0

0

1

2

3

3

3

3

1

1

-5

-5

-8

-7

-6

-8

-8

-6

-6

-5

-

-

-

-4

-

-

Accumulated foreign currency translation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-2

-4

-

-0

0

Members' Equity

-

-

-

-

-

786

844

787

758

780

854

815

793

794

928

905

874

879

899

866

809

789

847

803

757

744

831

749

Noncontrolling interests

-

-

-

-

-

524

473

507

543

565

494

509

538

582

519

531

568

608

541

552

574

599

544

559

585

596

1

3

Total equity

1,110

1,176

1,266

1,313

1,296

1,310

1,318

1,294

1,301

1,345

1,348

1,325

1,332

1,377

1,447

1,436

1,443

1,488

1,440

1,418

1,384

1,389

1,392

1,363

1,343

1,341

-

752

Total combined equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

833

-

TOTAL LIABILITIES AND EQUITY

4,393

4,030

4,155

3,939

3,922

3,924

4,032

3,984

3,991

4,076

4,111

4,071

4,126

4,180

4,256

4,406

4,432

4,528

4,561

4,538

4,510

4,449

4,508

4,505

4,516

4,449

4,612

4,491

ESH Hospitality, Inc.
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,412,562 and $1,372,595

3,505

3,506

3,479

3,468

-

3,467

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH AND CASH EQUIVALENTS

628

296

368

124

-

178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 10)

0

1

15

22

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 10)

31

28

24

18

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INTANGIBLE ASSETS - Net of accumulated amortization of $1,069 and $763

9

9

8

6

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

GOODWILL

44

44

44

44

-

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER ASSETS

18

21

25

23

-

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

4,238

3,907

3,965

3,708

-

3,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,584 and $10,993

617

618

619

1,117

-

1,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior notes payable - Net of unamortized deferred financing costs and debt discount of $34,233 and $35,702

2,015

2,014

-

-

-

1,273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facilities

350

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities

3

3

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Lease Income, before Accumulated Amortization

58

38

165

123

-

37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to Extended Stay America, Inc., net (Note 10)

10

11

11

1

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

99

71

97

71

-

64

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liability

-

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

3,154

2,758

2,910

2,594

-

2,513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock - Class A: $0.01 par value, 4,300,000,000 shares authorized, 250,493,583 shares issued and outstanding; Class B: $0.01 par value, 7,800,000,000 shares authorized, 179,483,397 and 188,219,605 shares issued and outstanding

4

4

4

4

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid in capital

1,051

1,050

1,050

1,091

-

1,090

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock—no par value, $1,000 liquidation value, 125 shares authorized, issued and outstanding

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

30

93

-0

15

-

114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive (loss) income

-1

0

0

1

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

1,084

1,149

1,054

1,114

-

1,215

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES AND EQUITY

4,238

3,907

3,965

3,708

-

3,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ESH REIT
Property, Plant and Equipment, Net

-

-

-

-

3,468

-

-

-

-

3,775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

RESTRICTED CASH

-

-

-

-

-

-

-

-

-

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH AND CASH EQUIVALENTS

-

-

-

-

159

-

-

-

-

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 9)

-

-

-

-

10

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 9)

-

-

-

-

13

-

-

-

-

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible Assets, Net (Excluding Goodwill)

-

-

-

-

3

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

GOODWILL

-

-

-

-

44

-

-

-

-

47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER ASSETS

-

-

-

-

24

-

-

-

-

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

-

-

-

-

3,722

-

-

-

-

3,935

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Medium-term Notes

-

-

-

-

1,119

-

-

-

-

1,265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes Payable

-

-

2,012

1,275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes Payable

-

-

-

-

1,274

-

-

-

-

1,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Liability

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned rental revenues from Extended Stay America, Inc. (Note 9)

-

-

-

-

70

-

-

-

-

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to Extended Stay America, Inc., net (Note 9)

-

-

-

-

9

-

-

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

82

-

-

-

-

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease liabilities

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

-

-

-

-

2,559

-

-

-

-

2,643

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock, Value, Issued

-

-

-

-

4

-

-

-

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid in capital

-

-

-

-

1,091

-

-

-

-

1,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock - no par value, $1,000 liquidation value, 125 shares authorized, issued and outstanding

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

-

-

-

-

63

-

-

-

-

191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

-

-

-

-

4

-

-

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

1,163

-

-

-

-

1,292

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES AND EQUITY

-

-

-

-

3,722

-

-

-

-

3,935

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-