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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - REIT - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
OPERATING EXPENSES:        
General and administrative expenses $ 22,292 $ 21,242 $ 67,606 $ 69,710
Depreciation and amortization 49,748 52,138 147,543 159,652
Total operating expenses 232,331 233,170 669,281 724,749
(LOSS) GAIN ON SALE OF HOTEL PROPERTIES (Note 4) 0 3,517 0 41,599
OTHER INCOME 3 39 31 501
INCOME FROM OPERATIONS 100,367 121,462 264,771 302,695
OTHER NON-OPERATING EXPENSE (INCOME) 101 (251) (248) 48
INTEREST EXPENSE, NET 36,535 31,007 95,905 95,072
INCOME BEFORE INCOME TAX EXPENSE 63,731 90,706 169,114 207,575
INCOME TAX EXPENSE 10,501 15,014 27,822 35,218
NET INCOME $ 53,230 $ 75,692 $ 141,292 $ 172,357
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:        
Basic (in dollars per share) $ 0.22 $ 0.38 $ 0.62 $ 0.80
Diluted (in dollars per share) $ 0.22 $ 0.38 $ 0.62 $ 0.80
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:        
Basic (in shares) 186,844 188,822 188,063 189,681
Diluted (in shares) 187,015 189,253 188,317 190,111
ESH REIT        
REVENUES:        
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 10) $ 139,455   $ 375,562  
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 10)   $ 142,977   $ 367,840
OPERATING EXPENSES:        
General and administrative expenses 3,477 3,393 11,002 11,705
Depreciation and amortization 48,885 51,748 144,884 158,566
Total operating expenses 73,939 77,762 220,708 234,948
(LOSS) GAIN ON SALE OF HOTEL PROPERTIES (Note 4) 0 (25,657) 0 9,753
OTHER INCOME 0 20 15 499
INCOME FROM OPERATIONS 65,516 39,578 154,869 143,144
OTHER NON-OPERATING EXPENSE (INCOME) 79 (216) (194) 50
INTEREST EXPENSE, NET 36,882 30,931 97,083 94,710
INCOME BEFORE INCOME TAX EXPENSE 28,555 8,863 57,980 48,384
INCOME TAX EXPENSE 88 42 98 792
NET INCOME $ 28,467 $ 8,821 $ 57,882 $ 47,592
ESH REIT | Class A common stock        
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:        
Basic (in dollars per share) $ 0.07 $ 0.02 $ 0.13 $ 0.11
Diluted (in dollars per share) $ 0.07 $ 0.02 $ 0.13 $ 0.11
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:        
Basic (in shares) 250,494 250,494 250,494 250,494
Diluted (in 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 (in dollars per share) $ 0.07 $ 0.02 $ 0.13 $ 0.11
Diluted (in dollars per share) $ 0.07 $ 0.02 $ 0.13 $ 0.11
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:        
Basic (in shares) 186,844 188,822 188,063 189,681
Diluted (in shares) 187,015 189,253 188,317 190,111
Hotel operating expenses        
OPERATING EXPENSES:        
Hotel operating expenses $ 152,913 $ 156,341 $ 437,111 $ 443,025
Hotel operating expenses | ESH REIT        
OPERATING EXPENSES:        
Hotel operating expenses $ 21,577 $ 22,621 $ 64,822 $ 64,677