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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Series E Cumulative Redeemable Preferred Stock
Preferred Stock
Series E Cumulative Redeemable Preferred Stock
Additional Paid In Capital
Series E Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series E Cumulative Redeemable Preferred Stock
Series F Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series F Cumulative Redeemable Preferred Stock
Series G Cumulative Redeemable Preferred Stock
Preferred Stock
Series G Cumulative Redeemable Preferred Stock
Additional Paid In Capital
Series G Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series G Cumulative Redeemable Preferred Stock
Series H Cumulative Redeemable Preferred Stock
Preferred Stock
Series H Cumulative Redeemable Preferred Stock
Additional Paid In Capital
Series H Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series H Cumulative Redeemable Preferred Stock
Preferred Stock
Common Stock
Additional Paid In Capital
Retained Earnings
Cumulative dividends and distributions
Noncontrolling Interest in Consolidated Joint Venture
Total
Beginning Balance at Dec. 31, 2019                             $ 190,000 $ 2,249 $ 2,683,913 $ 1,318,455 $ (1,619,779) $ 46,233 $ 2,621,071
Beginning Balance (in shares) at Dec. 31, 2019                             7,600,000 224,855,351          
Increase (Decrease) in Stockholders' Equity                                          
Amortization of deferred stock compensation                                 2,324       2,324
Issuance of restricted common stock, net                               $ 4 (3,996)       (3,992)
Issuance of restricted common stock, net (in shares)                               456,219          
Forfeiture of restricted common stock (in shares)                               (355)          
Common stock distributions and distributions payable                                     (10,777)   (10,777)
Preferred stock dividends and dividends payable     $ (1,998) $ (1,998) $ (1,209) $ (1,209)                              
Distributions to noncontrolling interest                                       (2,000) (2,000)
Repurchases of outstanding common stock                               $ (98) (103,796)       (103,894)
Repurchases of outstanding common stock (in shares)                               (9,770,081)          
Net loss                                   (162,061)   (458) (162,519)
Ending Balance at Mar. 31, 2020                             $ 190,000 $ 2,155 2,578,445 1,156,394 (1,633,763) 43,775 2,337,006
Ending Balance (in shares) at Mar. 31, 2020                             7,600,000 215,541,134          
Beginning Balance at Dec. 31, 2019                             $ 190,000 $ 2,249 2,683,913 1,318,455 (1,619,779) 46,233 2,621,071
Beginning Balance (in shares) at Dec. 31, 2019                             7,600,000 224,855,351          
Increase (Decrease) in Stockholders' Equity                                          
Net loss                                         (280,019)
Ending Balance at Jun. 30, 2020                             $ 190,000 $ 2,156 2,581,637 1,041,056 (1,636,970) 42,113 2,219,992
Ending Balance (in shares) at Jun. 30, 2020                             7,600,000 215,635,550          
Beginning Balance at Mar. 31, 2020                             $ 190,000 $ 2,155 2,578,445 1,156,394 (1,633,763) 43,775 2,337,006
Beginning Balance (in shares) at Mar. 31, 2020                             7,600,000 215,541,134          
Increase (Decrease) in Stockholders' Equity                                          
Amortization of deferred stock compensation                                 3,193       3,193
Issuance of restricted common stock, net                               $ 1 (1)        
Issuance of restricted common stock, net (in shares)                               94,416          
Preferred stock dividends and dividends payable     (1,998) (1,998) (1,209) (1,209)                              
Contribution from noncontrolling interest                                       500 500
Net loss                                   (115,338)   (2,162) (117,500)
Ending Balance at Jun. 30, 2020                             $ 190,000 $ 2,156 2,581,637 1,041,056 (1,636,970) 42,113 2,219,992
Ending Balance (in shares) at Jun. 30, 2020                             7,600,000 215,635,550          
Beginning Balance at Dec. 31, 2020                             $ 190,000 $ 2,156 2,586,108 913,766 (1,643,386) 40,735 2,089,379
Beginning Balance (in shares) at Dec. 31, 2020                             7,600,000 215,593,401          
Increase (Decrease) in Stockholders' Equity                                          
Amortization of deferred stock compensation                                 2,869       2,869
Issuance of restricted common stock, net                               $ 6 (3,522)       (3,516)
Issuance of restricted common stock, net (in shares)                               581,683          
Preferred stock dividends and dividends payable     (1,998) (1,998) (1,209) (1,209)                              
Contribution from noncontrolling interest                                       1,375 1,375
Net loss                                   (53,312)   (1,975) (55,287)
Ending Balance at Mar. 31, 2021                             $ 190,000 $ 2,162 2,585,455 860,454 (1,646,593) 40,135 2,031,613
Ending Balance (in shares) at Mar. 31, 2021                             7,600,000 216,175,084          
Beginning Balance at Dec. 31, 2020                             $ 190,000 $ 2,156 2,586,108 913,766 (1,643,386) 40,735 2,089,379
Beginning Balance (in shares) at Dec. 31, 2020                             7,600,000 215,593,401          
Increase (Decrease) in Stockholders' Equity                                          
Net loss                                         (83,205)
Ending Balance at Jun. 30, 2021                             $ 256,250 $ 2,190 2,626,582 833,132 (1,654,388) 39,539 2,103,305
Ending Balance (in shares) at Jun. 30, 2021                             10,250,000 219,043,105          
Beginning Balance at Mar. 31, 2021                             $ 190,000 $ 2,162 2,585,455 860,454 (1,646,593) 40,135 2,031,613
Beginning Balance (in shares) at Mar. 31, 2021                             7,600,000 216,175,084          
Increase (Decrease) in Stockholders' Equity                                          
Amortization of deferred stock compensation                                 4,784       4,784
Issuance of restricted common stock, net                               $ (1) (1,360)       (1,361)
Issuance of restricted common stock, net (in shares)                               (45,661)          
Preferred stock dividends and dividends payable     (1,554) (1,554) $ (1,209) $ (1,209)     $ (292) $ (292)     $ (724) $ (724)              
Net proceeds from issuance of common stock                               $ 29 37,630       37,659
Number of shares of common stock issued (in shares)                               2,913,682          
Net issuance of preferred stock in connection with hotel acquisition             $ 66,250 $ (142)   $ 66,108                      
Net issuance of preferred stock in connection with hotel acquisition (in shares)             2,650,000                            
Net proceeds from issuance of preferred stock                     $ 115,000 $ (3,801)   $ 111,199              
Number of shares of preferred stock issued (in shares)                     4,600,000                    
Redemption of preferred stock $ (115,000) $ 4,016 $ (4,016) $ (115,000)                                  
Redemption of preferred stock (in shares) (4,600,000)                                        
Net loss                                   (27,322)   (596) (27,918)
Ending Balance at Jun. 30, 2021                             $ 256,250 $ 2,190 $ 2,626,582 $ 833,132 $ (1,654,388) $ 39,539 $ 2,103,305
Ending Balance (in shares) at Jun. 30, 2021                             10,250,000 219,043,105