| Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
|---|
| Room revenues | 650.71 | 656.06 | 609.37 | 334.34 | 215.51 | 505.34 | 523.44 | 479.93 | 443.27 | 436.20 |
| Other hotel operations revenues | 40.21 | 38.55 | 34.21 | 20.29 | 12.51 | 20.22 | 19.06 | 35.44 | 30.67 | 27.25 |
| Revenues:Food and beverage | 40.87 | 41.51 | 32.12 | 7.30 | 6.44 | 23.79 | 24.77 | -- | -- | -- |
| Total Revenues | 731.78 | 736.13 | 675.70 | 361.93 | 234.46 | 549.35 | 567.27 | 515.38 | 473.94 | 463.46 |
| Rooms | 146.79 | 148.01 | 137.00 | 74.78 | 53.78 | 112.24 | 119.72 | 123.13 | 110.22 | 109.84 |
| Repairs and maintenance | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Property taxes, insurance and other | 54.12 | 55.17 | 49.92 | 41.35 | 44.69 | 44.22 | 43.34 | -- | -- | -- |
| Management Fees | 15.87 | 18.45 | 17.44 | 9.86 | 6.28 | 16.58 | 18.52 | -- | -- | -- |
| Direct hotel operations | -- | -- | -- | -- | -- | -- | -- | 67.26 | 64.61 | 64.01 |
| Other hotel operating expenses | 224.41 | 224.90 | 207.98 | 123.63 | 96.51 | 158.18 | 158.92 | -- | -- | -- |
| Other indirect | -- | -- | -- | -- | -- | -- | -- | 135.22 | 120.85 | 121.97 |
| Expenses:Food and beverage | 30.96 | 31.58 | 24.90 | 4.86 | 5.42 | 18.55 | 19.45 | -- | -- | -- |
| Depreciation and amortization | 146.44 | 150.92 | 150.16 | 105.96 | 109.62 | 99.45 | 101.01 | 85.93 | 72.41 | 64.05 |
| General, selling and administrative | 31.89 | 32.53 | 30.77 | 29.43 | 20.99 | 23.62 | 21.51 | 19.60 | 19.29 | 21.20 |
| Corporate general and administrative : Salaries and other compensation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Corporate general and administrative : Other | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Corporate general and administrative : Equity based compensation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Provision for credit losses | -- | 1.23 | 1.10 | 2.63 | (4.82) | -- | -- | -- | -- | -- |
| Loss on impairment of assets | (6.72) | (16.66) | (10.42) | (4.36) | (1.76) | (2.52) | (1.08) | -- | (0.58) | (1.12) |
| Hotel property acquisition costs | -- | -- | -- | -- | -- | -- | -- | (0.35) | (3.49) | (1.25) |
| Loan transaction costs | (0.01) | (0.01) | (0.75) | (3.85) | -- | -- | -- | -- | -- | -- |
| Gain (loss) on disposal of assets, net | 28.91 | (0.34) | 20.32 | 0.24 | (0.02) | 45.42 | 41.47 | -- | -- | -- |
| Total expenses | 657.21 | 677.00 | 628.23 | 395.43 | 343.86 | 475.36 | 483.55 | 431.48 | 391.45 | 383.45 |
| Income (loss) from operations | 103.49 | 58.79 | 67.78 | (33.27) | (109.41) | 119.41 | 125.20 | 83.90 | 82.49 | 80.01 |
| Interest (expense) | 82.63 | 86.80 | 65.58 | 43.37 | 43.30 | 41.03 | 41.94 | 29.69 | 28.09 | 30.41 |
| Gain (loss) on disposal of assets | -- | -- | -- | -- | -- | -- | -- | 43.21 | 49.86 | 65.07 |
| Interest income | 1.91 | 1.69 | -- | -- | -- | -- | -- | -- | -- | -- |
| Other income | 4.38 | 1.01 | 2.63 | 9.52 | 4.84 | 5.47 | 6.95 | 3.78 | 2.56 | 11.15 |
| Gain (loss) on derivatives | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on extinguishment of debt | 3.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income (loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Debt transaction costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total other income (expense) | (73.34) | (84.11) | -- | -- | -- | -- | -- | -- | 24.32 | 45.80 |
| Net income (loss) before income taxes | 30.15 | (25.32) | 4.83 | (67.11) | (147.87) | 83.85 | 90.20 | 101.20 | 106.81 | 125.81 |
| STATE INCOME TAX (EXPENSE) | (8.74) | 2.80 | 3.61 | 1.47 | 1.38 | 1.50 | (0.92) | 1.67 | (1.45) | 0.55 |
| Current : State and local | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Deferred : Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Deferred : State and local | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income (loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 108.26 | 125.26 |
| Income (loss) from Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Consolidated net income (loss) | 38.89 | (28.12) | 1.22 | (68.58) | (149.25) | 82.35 | 91.13 | 99.52 | 108.26 | 125.26 |
| Net income (loss) attributable to noncontrolling interest | (4.75) | (18.63) | (0.25) | (0.12) | (0.27) | 0.16 | 0.21 | 0.31 | 0.46 | 0.82 |
| Net income (loss) attributable to noncontrolling interest-Joint venture | -- | -- | -- | (2.90) | (5.64) | (0.42) | -- | -- | -- | -- |
| Distributions and accretion of redeemable non-controlling interests | 2.63 | 2.63 | 2.52 | -- | -- | -- | -- | -- | -- | -- |
| Net Income (Loss) Attributable to Parent Company | -- | -- | -- | (65.57) | -- | -- | -- | -- | 107.81 | 124.44 |
| Premium on redemption of Preferred Shares | -- | -- | -- | 2.71 | -- | -- | 3.28 | 2.57 | 2.13 | -- |
| Continuing Operations-Preferred dividends | 15.88 | 15.88 | 15.88 | 15.43 | 14.84 | 14.84 | 16.67 | 17.41 | 18.23 | 16.59 |
| Net income (loss) available to common shareholders | 25.14 | (27.99) | (16.93) | (83.71) | (158.18) | 67.77 | 70.97 | 79.23 | 87.45 | 107.85 |
| EPS (Basic) : Income (loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 1.00 | 1.25 |
| EPS (Basic) : Income (loss) from discontinued operations: | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 0.23 | (0.27) | (0.16) | (0.80) | (1.52) | 0.65 | 0.68 | 0.79 | 1.00 | 1.25 |
| EPS (Diluted) : Income (loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 1.00 | 1.24 |
| EPS (Diluted) : Income (loss) from discontinued operations: | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 0.22 | (0.27) | (0.16) | (0.80) | (1.52) | 0.65 | 0.68 | 0.79 | 1.00 | 1.24 |
| Weighted Average Shares Outstanding (Basic) | 105.93 | 105.55 | 105.14 | 104.47 | 104.14 | 103.89 | 103.62 | 99.41 | 86.87 | 85.92 |
| Weighted Average Shares Outstanding (Diluted) | 132.37 | 105.55 | 105.14 | 104.47 | 104.14 | 103.94 | 103.84 | 99.78 | 87.34 | 87.14 |
| Fund from operation (FFO) | 115.16 | 96.78 | 95.25 | -- | (48.64) | 122.49 | 131.32 | 121.86 | 110.69 | 110.49 |