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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - REIT - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
OPERATING EXPENSES:        
General and administrative expenses $ 22,287 $ 23,507 $ 45,314 $ 48,468
Depreciation and amortization 49,017 53,499 97,795 107,514
Total operating expenses 223,207 224,454 436,950 491,579
GAIN ON SALE OF HOTEL PROPERTIES (Note 4) 0 0 0 38,082
OTHER INCOME 1 457 28 462
INCOME FROM OPERATIONS 100,451 112,504 164,404 181,233
OTHER NON-OPERATING (INCOME) EXPENSE (171) 102 (349) 299
INTEREST EXPENSE, NET 29,766 32,425 59,370 64,065
INCOME BEFORE INCOME TAX EXPENSE 70,856 79,977 105,383 116,869
INCOME TAX EXPENSE 11,198 14,407 17,321 20,204
NET INCOME $ 59,658 $ 65,570 $ 88,062 $ 96,665
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:        
Basic (dollars per share) $ 0.28 $ 0.34 $ 0.40 $ 0.42
Diluted (dollars per share) $ 0.28 $ 0.34 $ 0.40 $ 0.42
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:        
Basic (shares) 188,450 189,626 188,399 190,197
Diluted (shares) 188,813 190,183 188,695 190,709
ESH REIT        
REVENUES:        
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 9) $ 118,102 $ 111,532 $ 236,107 $ 224,863
OPERATING EXPENSES:        
General and administrative expenses 3,544 4,217 7,525 8,312
Depreciation and amortization 48,132 53,538 95,999 106,818
Total operating expenses 73,613 77,730 146,769 157,186
GAIN ON SALE OF HOTEL PROPERTIES (Note 4) 0 0 0 35,410
OTHER INCOME 0 451 15 479
INCOME FROM OPERATIONS 44,489 34,253 89,353 103,566
OTHER NON-OPERATING (INCOME) EXPENSE (134) 64 (273) 266
INTEREST EXPENSE, NET 30,267 32,284 60,201 63,779
INCOME BEFORE INCOME TAX EXPENSE 14,356 1,905 29,425 39,521
INCOME TAX EXPENSE 7 715 10 750
NET INCOME $ 14,349 $ 1,190 $ 29,415 $ 38,771
ESH REIT | Class A common stock        
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:        
Basic (dollars per share) $ 0.03 $ 0 $ 0.07 $ 0.09
Diluted (dollars per share) $ 0.03 $ 0 $ 0.07 $ 0.09
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:        
Basic (shares) 250,494 250,494 250,494 250,494
Diluted (shares) 250,494 250,494 250,494 250,494
ESH REIT | Class B common stock        
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:        
Basic (dollars per share) $ 0.03 $ 0 $ 0.07 $ 0.09
Diluted (dollars per share) $ 0.03 $ 0 $ 0.07 $ 0.09
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:        
Basic (shares) 188,450 189,626 188,399 190,197
Diluted (shares) 188,813 190,183 188,695 190,709
Hotel operating expenses        
OPERATING EXPENSES:        
Hotel operating expenses $ 146,907 $ 144,054 $ 284,198 $ 286,684
Hotel operating expenses | ESH REIT        
OPERATING EXPENSES:        
Hotel operating expenses $ 21,937 $ 19,975 $ 43,245 $ 42,056