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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Revenues $ 141,869 $ 57,854
Expenses:    
Property taxes, insurance and other 13,138 10,904
Depreciation and amortization 36,274 27,297
Corporate general and administrative 9,137 5,678
Total expenses 141,145 83,114
Gain on disposal of assets, net 0 50
Operating income (loss) 724 (25,210)
Other income (expense):    
Interest expense (13,439) (10,788)
Other income, net 1,742 3,232
Total other income (expense) (11,697) (7,556)
Loss from continuing operations before income taxes (10,973) (32,766)
Income tax benefit (expense) 2,000 (105)
Net loss (8,973) (32,871)
Operating Partnership 482 54
Joint venture 82 1,452
Net loss attributable to Summit Hotel Properties, Inc. (8,409) (31,365)
Preferred stock dividends (3,970) (3,709)
Net loss attributable to common stockholders $ (12,379) $ (35,074)
Loss per share:    
Basic (in dollars per share) $ (0.12) $ (0.34)
Diluted (in dollars per share) $ (0.12) $ (0.34)
Weighted average common shares outstanding:    
Basic (in shares) 104,896 104,278
Diluted (in shares) 104,896 104,278
Room    
Revenues:    
Revenues $ 128,810 $ 53,245
Expenses:    
Cost of goods and services sold 28,410 12,550
Food and beverage    
Revenues:    
Revenues 5,662 1,003
Expenses:    
Cost of goods and services sold 4,114 556
Other    
Revenues:    
Revenues 7,397 3,606
Expenses:    
Cost of goods and services sold 46,277 24,574
Management fees    
Expenses:    
Cost of goods and services sold $ 3,795 $ 1,555