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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 09, 2011
Dec. 31, 2010
ASSETS  
Property and equipment, at cost$ 2,962,709$ 2,468,289
Less: accumulated depreciation(462,986)(396,686)
Property and equipment, net2,499,7232,071,603
Deferred financing costs, net6,7205,492
Restricted cash65,64551,936
Due from hotel managers65,45450,715
Note receivable56,24757,951
Favorable lease assets, net43,59442,622
Prepaid and other assets71,44550,089
Cash and cash equivalents28,77784,201
Total assets2,837,6052,414,609
Liabilities:  
Mortgage debt945,888780,880
Senior unsecured credit facility130,0000
Total debt1,075,888780,880
Deferred income related to key money, net22,21619,199
Unfavorable contract liabilities, net82,49083,613
Due to hotel managers42,48736,168
Dividends declared and unpaid13,5690
Accounts payable and accrued expenses91,39781,232
Total other liabilities252,159220,212
Stockholders' Equity:  
Preferred stock, $.01 par value; 10,000,000 shares authorized; no shares issued and outstanding00
Common stock, $.01 par value; 200,000,000 shares authorized; 167,502,359 and 154,570,543 shares issued and outstanding at September 9, 2011 and December 31, 2010, respectively1,6751,546
Additional paid-in capital1,707,2401,558,047
Accumulated deficit(199,357)(146,076)
Total stockholders' equity1,509,5581,413,517
Total liabilities and stockholders' equity$ 2,837,605$ 2,414,609