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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 2,162,293 $ 3,085,751
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,783,174 12,708,548
Amortization of deferred financing costs 598,142 616,390
Amortization of mortgage premium (18,511) (18,511)
Gain on involuntary conversion of assets (898,565) (1,041,815)
Unrealized (gain) loss on derivative instrument (141,970) 30,748
Gain on sale or disposal of assets (3,816) (26,238)
Loss on early extinguishment of debt 753,133 228,087
Share / Unit - based compensation 313,540 282,237
Changes in assets and liabilities:    
Accounts receivable (1,942,179) (1,453,147)
Prepaid expenses, inventory and other assets 1,045,824 (1,699,380)
Deferred income taxes 750,739 (779,771)
Accounts payable and other accrued liabilities 3,006,385 3,962,544
Advance deposits 566,621 1,871
Accounts receivable - affiliate (8,959) (489,720)
Net cash provided by operating activities 21,965,851 15,407,594
Cash flows from investing activities:    
Acquisitions of hotel properties (79,732,716) (3,986,849)
Improvements and additions to hotel properties (18,497,781) (17,483,257)
Proceeds from the sale of hotel property   5,434,856
Proceeds from involuntary conversion 898,565 1,041,815
Proceeds from the sale or disposal of assets 7,555 3,355
Net cash used in investing activities (97,324,377) (14,990,080)
Cash flows from financing activities:    
Proceeds of mortgage debt 145,795,332 40,500,000
Proceeds of unsecured debt 25,000,000  
Proceeds from issuance of common stock / units, net 577,661  
Proceeds from issuance of preferred stock / units, net 1,188,066  
Settlement or repurchase of common stock / units   (1,103,130)
Payments on mortgage loans (75,346,629) (24,767,275)
Payments of deferred financing costs (3,669,192) (585,004)
Funding of ESOP stock purchase   (4,874,758)
Dividends and distributions paid (5,318,695) (4,767,377)
Preferred dividends paid (4,256,328) (2,415,000)
Net cash provided by financing activities 83,970,215 1,987,456
Net increase in cash, cash equivalents and restricted cash 8,611,689 2,404,970
Cash, cash equivalents and restricted cash at the beginning of the period 33,429,042 36,362,920
Cash, cash equivalents and restricted cash at the end of the period 42,040,731 38,767,890
Supplemental disclosures:    
Cash paid during the period for interest 12,859,556 11,227,980
Cash paid during the period for income taxes 278,720 155,077
Non-cash investing and financing activities:    
Change in amount of improvements to hotel property in accounts payable and accrued liabilities 251,195 77,843
Excess of cost over fair value of interest rate SWAP 294,176  
Sotherly Hotels LP [Member]    
Cash flows from operating activities:    
Net income 2,162,293 3,085,751
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,783,174 12,708,548
Amortization of deferred financing costs 598,142 616,390
Amortization of mortgage premium (18,511) (18,511)
Gain on involuntary conversion of assets (898,565) (1,041,815)
Unrealized (gain) loss on derivative instrument (141,970) 30,748
Gain on sale or disposal of assets (3,816) (26,238)
Loss on early extinguishment of debt 753,133 228,087
Share / Unit - based compensation 335,531 282,237
Changes in assets and liabilities:    
Accounts receivable (1,942,179) (1,453,147)
Prepaid expenses, inventory and other assets 1,045,824 (1,699,380)
Deferred income taxes 750,739 (779,771)
Accounts payable and other accrued liabilities 3,006,385 3,962,544
Advance deposits 566,621 1,871
Accounts receivable - affiliate (8,959) (489,720)
Net cash provided by operating activities 21,987,842 15,407,594
Cash flows from investing activities:    
Acquisitions of hotel properties (79,732,716) (3,986,849)
Improvements and additions to hotel properties (18,497,781) (17,483,257)
Proceeds from the sale of hotel property   5,434,856
ESOP loan advances   (4,874,758)
ESOP loan payments received 148,016 177,250
Proceeds from involuntary conversion 898,565 1,041,815
Proceeds from the sale or disposal of assets 7,555 3,355
Net cash used in investing activities (97,176,361) (19,687,588)
Cash flows from financing activities:    
Proceeds of mortgage debt 145,795,332 40,500,000
Proceeds of unsecured debt 25,000,000  
Proceeds from issuance of common stock / units, net 577,661  
Proceeds from issuance of preferred stock / units, net 1,188,066  
Settlement or repurchase of common stock / units   (1,103,130)
Payments on mortgage loans (75,346,629) (24,767,275)
Payments of deferred financing costs (3,669,192) (585,004)
Dividends and distributions paid (5,488,702) (4,944,627)
Preferred dividends paid (4,256,328) (2,415,000)
Net cash provided by financing activities 83,800,208 6,684,964
Net increase in cash, cash equivalents and restricted cash 8,611,689 2,404,970
Cash, cash equivalents and restricted cash at the beginning of the period 33,429,042 36,362,920
Cash, cash equivalents and restricted cash at the end of the period 42,040,731 38,767,890
Supplemental disclosures:    
Cash paid during the period for interest 12,859,556 11,227,980
Cash paid during the period for income taxes 278,720 155,077
Non-cash investing and financing activities:    
Change in amount of improvements to hotel property in accounts payable and accrued liabilities 251,195 $ 77,843
Excess of cost over fair value of interest rate SWAP $ 294,176