Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
OPERATING ACTIVITIES:
Net (loss) income	$ 76,139	$ 92,665
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	107,649	99,025
Amortization of intangible assets	670	687
Foreign currency transaction (gain) loss	(764)	1,066
Amortization and write-off of deferred financing costs and debt discount	13,816	6,864
Amortization of above-market ground leases	(68)	(68)
Loss on disposal of property and equipment	5,001	2,039
Equity-based compensation	5,619	4,919
Deferred income tax benefit	(25,757)	(5,426)
Changes in assets and liabilities:
Accounts receivable, net	(7,233)	(10,061)
Other assets	269	(4,900)
Accounts payable and accrued liabilities	14,879	36,466
Net cash provided by operating activities	190,220	223,276
INVESTING ACTIVITIES:
Purchases of property and equipment	(109,949)	(74,083)
Proceeds from asset dispositions, net	0	852
Increase in restricted cash and insurance collateral	(105,490)	(118,465)
Proceeds from insurance recoveries	2,716	1,994
Net cash used in investing activities	(212,723)	(189,702)
FINANCING ACTIVITIES:
Principal payments on mortgage loan	(433,537)	(500,777)
Principal payments on term loan facility	(366,463)	(8,537)
Proceeds from senior notes, net of debt discount	788,000	500,000
Proceeds from revolving credit facilities	0	65,000
Payments on revolving credit facilities	0	(65,000)
Payments of deferred financing costs	(14,717)	(10,677)
Tax withholdings related to restricted stock unit settlements	(2,071)	(1,105)
Issuance of common stock	6	0
Repurchase of common stock	(60,356)	0
Corporation common distributions	(24,459)	(4,091)
ESH REIT common distributions	(100,050)	(61,459)
Preferred distributions	(8)	(8)
Net cash used in financing activities	(213,655)	(86,654)
CHANGES IN CASH AND CASH EQUIVALENTS DUE TO CHANGES IN FOREIGN CURRENCY EXCHANGE RATES	23	(39)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(236,135)	(53,119)
CASH AND CASH EQUIVALENTS - Beginning of period	373,239	121,324
CASH AND CASH EQUIVALENTS - End of period	137,104	68,205
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash payments for interest, excluding prepayment and other penalties	53,664	44,911
Cash payments for income taxes - Net of refunds	42,385	34,706
NONCASH INVESTING AND FINANCING ACTIVITIES:
Capital expenditures included in accounts payable and accrued liabilities	16,142	18,623
Deferred financing costs included in accounts payable and accrued liabilities	524	799
Common distributions included in accounts payable and accrued liabilities	199	10
ESH REIT
OPERATING ACTIVITIES:
Net (loss) income	(3,659)	29,234
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	105,798	97,322
Foreign currency transaction (gain) loss	(774)	1,066
Amortization and write-off of deferred financing costs and debt discount	13,275	6,323
Amortization of above-market ground leases	(68)	(68)
Loss on disposal of property and equipment	5,001	2,039
Equity-based compensation	62	263
Deferred income tax benefit	(2,247)	0
Changes in assets and liabilities:
Deferred rents receivable from Extended Stay America, Inc.	644	(6,540)
Due to/from Extended Stay America, Inc., net	(4,068)	(7,038)
Other assets	(66)	(6,587)
Unearned rental revenues/rents receivable from Extended Stay America, Inc., net	79,477	47,957
Accounts payable and accrued liabilities	9,914	16,927
Net cash provided by operating activities	203,289	180,898
INVESTING ACTIVITIES:
Purchases of property and equipment	(108,201)	(71,155)
Proceeds from asset dispositions, net	0	852
Increase in restricted cash and insurance collateral	(104,952)	(117,635)
Proceeds from insurance recoveries	2,716	1,994
Net cash used in investing activities	(210,437)	(185,944)
FINANCING ACTIVITIES:
Principal payments on mortgage loan	(433,537)	(500,777)
Principal payments on term loan facility	(366,463)	(8,537)
Proceeds from senior notes, net of debt discount	788,000	500,000
Proceeds from revolving credit facilities	0	65,000
Payments on revolving credit facilities	0	(65,000)
Payments of deferred financing costs	(14,717)	(10,677)
Net proceeds from Extended Stay America, Inc.	95,819	135,410
Issuance of common stock	1,134	2,414
Repurchase of common stock	(23,436)	0
Corporation common distributions	(222,791)	(136,579)
Preferred distributions	(8)	(8)
Net cash used in financing activities	(175,999)	(18,754)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(183,147)	(23,800)
CASH AND CASH EQUIVALENTS - Beginning of period	223,256	33,816
CASH AND CASH EQUIVALENTS - End of period	40,109	10,016
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash payments for interest, excluding prepayment and other penalties	52,694	43,911
Cash payments for income taxes - Net of refunds	1,608	558
NONCASH INVESTING AND FINANCING ACTIVITIES:
Capital expenditures included in accounts payable and accrued liabilities	15,685	18,263
Deferred financing costs included in accounts payable and accrued liabilities	524	799
Common distributions included in accounts payable and accrued liabilities	$ 1,084	$ 282