Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation	$ 3,468,792	$ 3,753,134
RESTRICTED CASH	16,286	37,631
CASH AND CASH EQUIVALENTS	370,355	113,343
INTANGIBLE ASSETS - Net of accumulated amortization of $10,701 and $9,690	27,057	27,043
GOODWILL	45,777	48,866
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $1,886 and $2,206	24,176	21,578
DEFERRED TAX ASSETS	13,658	8,125
OTHER ASSETS	66,471	66,285
TOTAL ASSETS	4,032,572	4,076,005
LIABILITIES:
Term loan facilities payable - Net of unamortized deferred financing costs and debt discount of $15,675 and $18,695	1,198,969	1,265,112
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $27,241 and $30,344	1,272,759	1,269,656
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,133 shares issued and outstanding	7,133	7,133
Accounts payable and accrued liabilities	235,212	188,257
Total liabilities	2,714,073	2,730,158
COMMITMENTS AND CONTINGENCIES
EQUITY:
Common stock	1,885	1,921
Additional paid in capital	749,381	768,679
Retained earnings	90,135	6,917
Accumulated other comprehensive income	3,544	3,066
Total Extended Stay America, Inc. shareholders’ equity	844,945	780,583
Noncontrolling interests	473,554	565,264
Total equity	1,318,499	1,345,847
TOTAL LIABILITIES AND EQUITY	4,032,572	4,076,005
ESH REIT
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation	3,499,271	3,775,640
RESTRICTED CASH	0	15,985
CASH AND CASH EQUIVALENTS	251,597	38,930
RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC.	21,300	3,704
DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC.	2,315	24,388
GOODWILL	44,580	47,584
OTHER ASSETS	35,169	29,212
TOTAL ASSETS	3,854,232	3,935,443
LIABILITIES:
Term loan facilities payable - Net of unamortized deferred financing costs and debt discount of $15,675 and $18,695	1,198,969	1,265,112
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $27,241 and $30,344	1,272,759	1,269,656
Unearned rental revenues from Extended Stay America, Inc.	183,695	40,523
Due to Extended Stay America, Inc.	12,601	7,055
Accounts payable and accrued liabilities	88,277	60,755
Deferred tax liabilities	22	48
Total liabilities	2,756,323	2,643,149
COMMITMENTS AND CONTINGENCIES
EQUITY:
Common stock	4,390	4,426
Additional paid in capital	1,089,963	1,088,793
Preferred stock - no par value, $1,000 liquidation value, 125 shares authorized, issued and outstanding	73	73
Retained earnings	(4,844)	191,964
Accumulated other comprehensive income	8,327	7,038
Total equity	1,097,909	1,292,294
TOTAL LIABILITIES AND EQUITY	$ 3,854,232	$ 3,935,443