Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation	$ 3,916,487	$ 3,921,341
RESTRICTED CASH	186,365	84,416
CASH AND CASH EQUIVALENTS	172,430	373,239
INTANGIBLE ASSETS - Net of accumulated amortization of $7,345 and $7,010	29,388	29,723
GOODWILL	53,531	53,531
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,395 and $2,413	19,532	18,164
DEFERRED TAX ASSETS	5,884	0
OTHER ASSETS	49,167	48,486
TOTAL ASSETS	4,432,784	4,528,900
LIABILITIES:
Mortgage loan payable - Net of unamortized deferred financing costs of $14,445 and $19,536	1,483,175	1,911,621
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $37,606 and $10,756	1,262,394	489,244
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $0 and $4,940	0	361,523
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 21,202 shares issued and outstanding	21,202	21,202
Accounts payable and accrued liabilities	222,290	243,969
Deferred tax liabilities	469	12,984
Total liabilities	$ 2,989,530	$ 3,040,543
COMMITMENTS AND CONTINGENCIES
EQUITY:
Common stock	$ 2,032	$ 2,049
Additional paid in capital	781,852	784,194
Retained earnings	97,777	102,184
Accumulated other comprehensive loss	(6,732)	(8,754)
Total Extended Stay America, Inc. shareholders’ equity	874,929	879,673
Noncontrolling interests	568,325	608,684
Total equity	1,443,254	1,488,357
TOTAL LIABILITIES AND EQUITY	4,432,784	4,528,900
ESH REIT
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation	3,916,456	3,920,906
RESTRICTED CASH	161,695	60,945
CASH AND CASH EQUIVALENTS	42,318	223,256
RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC.	17,890	4,299
DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC.	41,225	41,546
GOODWILL	52,245	52,245
OTHER ASSETS	15,427	13,352
TOTAL ASSETS	4,247,256	4,316,549
LIABILITIES:
Mortgage loan payable - Net of unamortized deferred financing costs of $14,445 and $19,536	1,483,175	1,911,621
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $37,606 and $10,756	1,262,394	489,244
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $0 and $4,940	0	361,523
Unearned rental revenues from Extended Stay America, Inc.	36,810	38,321
Due to Extended Stay America, Inc.	110,189	64,680
Accounts payable and accrued liabilities	88,342	101,997
Deferred tax liabilities	469	2,697
Total liabilities	2,981,379	2,970,083
EQUITY:
Common stock	4,537	4,554
Additional paid in capital	1,170,386	1,168,903
Preferred stock	73	73
Retained earnings	101,264	186,306
Accumulated other comprehensive loss	(10,383)	(13,370)
Total equity	1,265,877	1,346,466
TOTAL LIABILITIES AND EQUITY	$ 4,247,256	$ 4,316,549