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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,300,518 and $1,218,105 $ 3,458,238 $ 3,453,632
RESTRICTED CASH 16,024 15,878
CASH AND CASH EQUIVALENTS 286,616 287,458
INTANGIBLE ASSETS - Net of accumulated amortization of $11,896 and $11,065 31,994 28,714
GOODWILL 45,192 45,192
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,414 and $2,075 23,233 19,769
DEFERRED TAX ASSETS 10,286 7,309
OTHER ASSETS 67,982 66,258
TOTAL ASSETS 3,939,565 3,924,210
LIABILITIES:    
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $13,285 and $14,879 1,117,624 1,121,713
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $24,137 and $26,206 1,275,863 1,273,794
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,130 shares issued and outstanding 7,130 7,130
Finance lease liabilities 3,440  
Finance lease liabilities   3,360
Accounts payable and accrued liabilities 222,485 207,574
Total liabilities 2,626,542 2,613,571
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:    
Common stock - $0.01 par value, 3,500,000,000 shares authorized, 188,412,376 and 188,219,605 shares issued and outstanding 1,884 1,882
Additional paid in capital 751,467 749,219
Retained earnings 77,551 32,432
Accumulated other comprehensive income 789 2,488
Total Extended Stay America, Inc. shareholders’ equity 831,691 786,021
Noncontrolling interests 481,332 524,618
Total equity 1,313,023 1,310,639
TOTAL LIABILITIES AND EQUITY $ 3,939,565 $ 3,924,210