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Subsequent Events
3 Months Ended
Mar. 31, 2016
Subsequent Events
Subsequent to March 31, 2016, the Corporation and ESH REIT repurchased and retired approximately 0.8 million Corporation common shares and approximately 0.8 million ESH REIT Class B common shares, respectively, for approximately $8.2 million and $5.1 million, respectively.
On April 26, 2016, the Board of Directors of the Corporation declared a cash distribution of $0.04 per share for the first quarter of 2016 on its common stock. The distribution is payable on May 24, 2016 to shareholders of record as of May 10, 2016. Also on April 26, 2016, the Board of Directors of ESH REIT declared a cash distribution of $0.15 per share for the first quarter of 2016 on its Class A and Class B common stock. This distribution is also payable on May 24, 2016 to shareholders of record as of May 10, 2016.
ESH REIT  
Subsequent Events
SUBSEQUENT EVENTS
Subsequent to March 31, 2016, ESH REIT repurchased and retired approximately 0.8 million ESH REIT Class B common shares for approximately $5.1 million.
On April 26, 2016, the Board of Directors of ESH REIT declared a cash distribution of $0.15 per share for the first quarter of 2016 on its Class A and Class B common stock. The distribution is payable on May 24, 2016 to shareholders of record as of May 10, 2016.