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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,218,105 and $1,142,799 $ 3,453,632,000 $ 3,753,134,000
RESTRICTED CASH 15,878,000 37,631,000
CASH AND CASH EQUIVALENTS 287,458,000 113,343,000
INTANGIBLE ASSETS - Net of accumulated amortization of $11,065 and $9,690 28,714,000 27,043,000
GOODWILL 45,192,000 48,866,000
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,075 and $2,206 19,769,000 21,578,000
DEFERRED TAX ASSETS 7,309,000 8,125,000
OTHER ASSETS 66,258,000 66,285,000
TOTAL ASSETS 3,924,210,000 4,076,005,000
LIABILITIES:    
Term loan facilities payable - Net of unamortized deferred financing costs and debt discount of $14,879 and $18,695 1,121,713,000 1,265,112,000
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $26,206 and $30,344 1,273,794,000 1,269,656,000
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,130 and 7,133 shares issued and outstanding 7,130,000 7,133,000
Accounts payable and accrued liabilities 210,934,000 188,257,000
Capital lease liabilities 3,400,000 0
Total liabilities 2,613,571,000 2,730,158,000
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:    
Common stock 1,882,000 1,921,000
Additional paid in capital 749,219,000 768,679,000
Retained earnings 32,432,000 6,917,000
Accumulated other comprehensive income 2,488,000 3,066,000
Total Extended Stay America, Inc. shareholders’ equity 786,021,000 780,583,000
Noncontrolling interests 524,618,000 565,264,000
Total equity 1,310,639,000 1,345,847,000
TOTAL LIABILITIES AND EQUITY 3,924,210,000 4,076,005,000
ESH REIT    
ASSETS    
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,218,105 and $1,142,799 3,467,645,000 3,775,640,000
RESTRICTED CASH 0 15,985,000
CASH AND CASH EQUIVALENTS 178,538,000 38,930,000
INTANGIBLE ASSETS - Net of accumulated amortization of $11,065 and $9,690 2,760,000 0
RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 11) 4,098,000 3,704,000
DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 11) 8,637,000 24,388,000
GOODWILL 44,012,000 47,584,000
OTHER ASSETS 22,692,000 29,212,000
TOTAL ASSETS 3,728,382,000 3,935,443,000
LIABILITIES:    
Term loan facilities payable - Net of unamortized deferred financing costs and debt discount of $14,879 and $18,695 1,121,713,000 1,265,112,000
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $26,206 and $30,344 1,273,794,000 1,269,656,000
Unearned rental revenues from Extended Stay America, Inc. (Note 11) 37,506,000 40,523,000
Due to Extended Stay America, Inc., net (Note 11) 12,177,000 7,055,000
Accounts payable and accrued liabilities 68,018,000 60,755,000
Deferred tax liabilities 20,000 48,000
Capital lease liabilities 3,400,000 0
Total liabilities 2,513,228,000 2,643,149,000
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:    
Common stock 4,387,000 4,426,000
Additional paid in capital 1,090,809,000 1,088,793,000
Preferred stock 73,000 73,000
Retained earnings 114,096,000 191,964,000
Accumulated other comprehensive income 5,789,000 7,038,000
Total equity 1,215,154,000 1,292,294,000
TOTAL LIABILITIES AND EQUITY $ 3,728,382,000 $ 3,935,443,000