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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Revenues $ 361,926 $ 234,463 $ 549,348
Expenses:      
Property taxes, insurance and other 41,350 44,691 44,220
Depreciation and amortization 105,955 109,619 99,445
Corporate general and administrative 29,428 20,985 23,622
Transaction costs 3,849 0 0
(Reversal of) provision for credit losses (2,632) 4,821 0
Loss on impairment and write-off of assets 4,361 1,759 2,521
Total expenses 395,432 343,857 475,360
Gain (loss) on disposal of assets, net 240 (16) 45,418
Operating (loss) income (33,266) (109,410) 119,406
Other income (expense):      
Interest expense (43,368) (43,300) (41,030)
Other income, net 9,523 4,841 5,472
Total other expense (33,845) (38,459) (35,558)
(Loss) income from continuing operations before income taxes (67,111) (147,869) 83,848
Income tax expense (Note 14) (1,473) (1,376) (1,500)
Net (loss) income (68,584) (149,245) 82,348
Less: Loss (income) attributable to non-controlling interests:      
Operating Partnership 115 271 (157)
Joint venture 2,896 5,635 419
Net (loss) income attributable to Summit Hotel Properties, Inc. (65,573) (143,339) 82,610
Preferred dividends (15,431) (14,838) (14,838)
Premium on redemption of preferred stock (2,710) 0 0
Net (loss) income attributable to common stockholders $ (83,714) $ (158,177) $ 67,772
(Loss) earnings per share:      
Basic (in shares) $ (0.80) $ (1.52) $ 0.65
Diluted (in shares) $ (0.80) $ (1.52) $ 0.65
Weighted average common shares outstanding:      
Basic (in shares) 104,471 104,141 103,887
Diluted (in shares) 104,471 104,141 103,939
Dividends per common share (in dollars per share) $ 0 $ 0.18 $ 0.72
Room      
Revenues:      
Revenues $ 334,338 $ 215,506 $ 505,342
Expenses:      
Hotel operating expenses 74,781 53,784 112,244
Food and beverage      
Revenues:      
Revenues 7,299 6,444 23,785
Expenses:      
Hotel operating expenses 4,856 5,416 18,552
Other      
Revenues:      
Revenues 20,289 12,513 20,221
Expenses:      
Hotel operating expenses 123,626 96,506 158,181
Management fees      
Expenses:      
Hotel operating expenses $ 9,858 $ 6,276 $ 16,575