XML 26 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class B common stock
ESH REIT
ESH REIT
Class B common stock
Common Stock
Common Stock
Class B common stock
Common Stock
ESH REIT
Common Stock
ESH REIT
Class A common stock
Common Stock
ESH REIT
Class B common stock
Preferred Stock
ESH REIT
Additional Paid in Capital
Additional Paid in Capital
Class B common stock
Additional Paid in Capital
ESH REIT
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Class B common stock
Retained Earnings (Accumulated Deficit)
ESH REIT
Retained Earnings (Accumulated Deficit)
ESH REIT
Class B common stock
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
ESH REIT
Total Extended Stay America, Inc. Shareholders' Equity
Total Extended Stay America, Inc. Shareholders' Equity
Class B common stock
Non- controlling Interests
Non- controlling Interests
Class B common stock
Beginning balance (shares) at Dec. 31, 2015         204,594,000     250,494,000 204,594,000                            
Beginning balance at Dec. 31, 2015 $ 1,488,357   $ 1,346,466   $ 2,049   $ 4,554     $ 73 $ 784,194   $ 1,168,903 $ 102,184   $ 186,306   $ (8,754) $ (13,370) $ 879,673   $ 608,684  
Beginning balance, preferred shares at Dec. 31, 2015                   125                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income (loss) 76,139   (3,659)                     77,775   (3,659)       77,775   (1,636)  
Foreign currency translation, net of tax 2,672   3,032                             1,318 3,032 1,318   1,354  
Issuance of common stock (shares)         1,000       199,000                            
Issuance of common stock 6   1,470       2       6   1,468             6      
Stock Repurchased and Retired During Period, Shares         (3,979,000)       (3,979,000)                            
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares) (60,356)   (23,436)   $ (40)   (40)             (36,880)   (23,396)       (36,920)   (23,436)  
Interest rate cash flow hedge gain, net of tax 0   0                                        
Dividends, Common Stock, Cash (12,249)   (136,549)                     (12,249)   (136,549)       (12,249)      
ESH REIT common distributions 61,401                                         61,401  
Preferred distributions (8)   (8)                         (8)           (8)  
Adjustment to noncontrolling interest for change in ownership of ESH REIT                     (5,597)                 (5,597)   5,597  
Equity-based compensation (shares)         199,000       1,000                            
Equity-based compensation 3,548   62   $ 2           1,481   62             1,483   2,065  
Ending balance (shares) at Jun. 30, 2016         200,815,000     250,494,000 200,815,000                            
Ending balance at Jun. 30, 2016 1,436,708   1,187,378   $ 2,011   4,516     $ 73 780,084   1,170,433 130,830   22,694   (7,436) (10,338) 905,489   531,219  
Ending balance, preferred shares at Jun. 30, 2016                   125                          
Beginning balance (shares) at Dec. 31, 2015         204,594,000     250,494,000 204,594,000                            
Beginning balance at Dec. 31, 2015 1,488,357   1,346,466   $ 2,049   4,554     $ 73 784,194   1,168,903 102,184   186,306   (8,754) (13,370) 879,673   608,684  
Beginning balance, preferred shares at Dec. 31, 2015                   125                          
Ending balance (shares) at Dec. 31, 2016         195,407,000     250,494,000 195,407,000                            
Ending balance at Dec. 31, 2016 1,377,239   $ 1,317,919   $ 1,957   4,462     $ 73 774,811   1,144,664 23,679   176,532   (5,615) (7,812) 794,832   582,407  
Ending balance, preferred shares at Dec. 31, 2016     125             125                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income (loss) 65,788   $ (20,840)                     74,876   (20,840)       74,876   (9,088)  
Foreign currency translation, net of tax 11,318   $ 12,787                             7,442 12,787 7,442   3,876  
Stock Repurchased and Retired During Period, Shares     (2,000,000)     (3,184,000)     (3,184,000)                            
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares)   $ (53,980) $ (12,200) $ (19,747)   $ (35)     $ (35)     $ 0     $ (34,198)   $ (19,712)       $ (34,233)   $ (19,747)
Interest rate cash flow hedge gain, net of tax 110   141                             50 141 50   60  
Dividends, Common Stock, Cash (21,597)   (129,536)                     (21,597)   (129,536)       (21,597)      
ESH REIT common distributions 56,893                                         56,893  
Preferred distributions (8)   (8)                         (8)           (8)  
Adjustment to noncontrolling interest for change in ownership of ESH REIT                     (6,124)                 (6,124)   6,124  
Equity-based compensation (shares)         283,000       283,000                            
Equity-based compensation 3,052   839   $ 3   3       648   836             651   2,401  
Ending balance (shares) at Jun. 30, 2017         192,506,000     250,494,000 192,506,000                            
Ending balance at Jun. 30, 2017 $ 1,325,029   $ 1,161,555   $ 1,925   $ 4,430     $ 73 $ 769,335   $ 1,145,500 $ 42,760   $ 6,436   $ 1,877 $ 5,116 $ 815,897   $ 509,132  
Ending balance, preferred shares at Jun. 30, 2017     125             125