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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Room $ 129,572 $ 110,350
Food and beverage 6,329 4,959
Other 4,298 2,680
Total revenues 140,199 117,989
Expenses:    
Room 29,005 25,004
Food and beverage 4,999 3,924
Other hotel operating expenses 39,458 33,178
Property taxes, insurance and other 10,998 8,369
Management fees 5,352 4,729
Depreciation and amortization 25,246 18,726
Corporate general and administrative 6,607 5,138
Hotel property acquisition costs 0 354
Total expenses 121,665 99,422
Operating income 18,534 18,567
Other income (expense):    
Interest expense (9,329) (6,791)
(Loss) gain on disposal of assets, net (43) 19,456
Other income, net 789 2,395
Total other income (expense) (8,583) 15,060
Income from continuing operations before income taxes 9,951 33,627
Income tax expense (Note 10) (260) (421)
Net income 9,691 33,206
Non-controlling interest in Operating Partnership (3) (120)
Net income attributable to Summit Hotel Properties, Inc. 9,688 33,086
Preferred dividends (5,543) (4,200)
Premium on redemption of preferred stock (3,277) 0
Net income attributable to common stockholders $ 868 $ 28,886
Earnings per share - basic and diluted    
Earnings per share - basic and diluted (in dollars per share) $ 0.01 $ 0.31
Weighted average common shares outstanding:    
Basic (in Shares) 103,500 92,762
Diluted (in Shares) 103,899 93,230