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CONSOLIDATED BALANCE SHEETS - (SUMMIT HOTEL OP, LP) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Investment in hotel properties, net $ 1,112,608 $ 734,362
Investment in hotel properties under development 10,457 10,303
Land held for development 18,475 15,802
Assets held for sale 12,339 4,836
Cash and cash equivalents 34,413 13,980
Restricted cash 27,809 3,624
Trade receivables 11,728 5,478
Prepaid expenses and other 6,251 5,311
Derivative financial instruments 199  
Deferred charges, net 9,696 8,895
Deferred tax asset 3,430 3,997
Other assets 4,137 4,201
TOTAL ASSETS 1,251,542 810,789
LIABILITIES    
Debt 517,485 312,613
Accounts payable 7,469 5,013
Accrued expenses 26,973 18,985
Derivative financial instruments 19 641
TOTAL LIABILITIES 551,946 337,252
COMMITMENTS AND CONTINGENCIES      
EQUITY    
TOTAL LIABILITIES AND EQUITY 1,251,542 810,789
SUMMIT HOTEL OP, LP
   
ASSETS    
Investment in hotel properties, net 1,112,608 734,362
Investment in hotel properties under development 10,457 10,303
Land held for development 18,475 15,802
Assets held for sale 12,339 4,836
Cash and cash equivalents 34,413 13,980
Restricted cash 27,809 3,624
Trade receivables 11,728 5,478
Prepaid expenses and other 6,251 5,311
Derivative financial instruments 199  
Deferred charges, net 9,696 8,895
Deferred tax asset 3,430 3,997
Other assets 4,137 4,201
TOTAL ASSETS 1,251,542 810,789
LIABILITIES    
Debt 517,485 312,613
Accounts payable 7,469 5,013
Accrued expenses 26,973 18,985
Derivative financial instruments 19 641
TOTAL LIABILITIES 551,946 337,252
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Summit Hotel Properties, Inc., 65,962,537 and 46,159,652 common units outstanding at June 30, 2013 and December 31, 2012, respectively, and 8,400,000 and 5,000,000 preferred units outstanding at June 30, 2013 and December 31, 2012, respectively (preferred units liquidation preference of $211,382 at June 30, 2013 and $125,717 at December 31, 2012) 662,636 436,819
Unaffiliated limited partners, 2,997,831 and 5,226,375 common units outstanding at June 30, 2013 and December 31, 2012, respectively 29,408 36,718
Total partners' equity 692,044 473,537
Noncontrolling interests in joint venture 7,552  
TOTAL EQUITY 699,596 473,537
TOTAL LIABILITIES AND EQUITY $ 1,251,542 $ 810,789