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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,373,950 and $1,218,105 $ 3,493,549 $ 3,453,632
Restricted Cash and Cash Equivalents 14,858 15,878
CASH AND CASH EQUIVALENTS 346,812 287,458
Intangible Assets, Net of accumulated amortization 34,183 28,714
GOODWILL 45,192 45,192
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,749 and $2,075 14,020 19,769
DEFERRED TAX ASSETS 16,157 7,309
OTHER ASSETS 65,825 66,258
TOTAL ASSETS 4,030,596 3,924,210
LIABILITIES:    
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,993 and $14,879 618,338 1,121,713
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $35,702 and $26,206 2,014,298 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
Total discounted lease liability 3,379  
Finance lease liability   3,360
Accounts payable and accrued liabilities 211,181 207,574
Total liabilities 2,854,326 2,613,571
Commitments and Contingencies
EQUITY:    
Common stock 1,795 1,882
Additional paid in capital 742,397 749,219
(Accumulated deficit) retained earnings (48,283) 32,432
Accumulated other comprehensive income 383 2,488
Total Extended Stay America, Inc. shareholders’ equity 696,292 786,021
Noncontrolling interests 479,978 524,618
Total equity 1,176,270 1,310,639
TOTAL LIABILITIES AND EQUITY $ 4,030,596 $ 3,924,210