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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,333,588 and $1,218,105 $ 3,467,627 $ 3,453,632
RESTRICTED CASH 13,572 15,878
CASH AND CASH EQUIVALENTS 489,767 287,458
INTANGIBLE ASSETS - Net of accumulated amortization of $12,495 and $11,065 33,035 28,714
GOODWILL 45,192 45,192
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,844 and $2,075 21,929 19,769
DEFERRED TAX ASSETS 12,346 7,309
OTHER ASSETS 71,909 66,258
TOTAL ASSETS 4,155,377 3,924,210
LIABILITIES:    
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $11,386 and $14,879 619,523 1,121,713
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $37,156 and $26,206 2,012,844 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 3,410  
Finance lease liabilities   3,360
Accounts payable and accrued liabilities 245,999 207,574
Total liabilities 2,888,906 2,613,571
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:    
Common stock - $0.01 par value, 3,500,000,000 shares authorized, 184,501,128 and 188,219,605 shares issued and outstanding 1,845 1,882
Additional paid in capital 746,146 749,219
Retained earnings 66,958 32,432
Accumulated other comprehensive income 444 2,488
Total Extended Stay America, Inc. shareholders’ equity 815,393 786,021
Noncontrolling interests 451,078 524,618
Total equity 1,266,471 1,310,639
TOTAL LIABILITIES AND EQUITY $ 4,155,377 $ 3,924,210