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Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTS
On February 26, 2020, the Board of Directors of the Corporation declared a cash distribution of $0.09 per share for the fourth quarter of 2019 on its common stock. This distribution is payable on March 26, 2020 to shareholders of record as of March 12, 2020. Also on February 26, 2020, the Board of Directors of ESH REIT declared a cash distribution of $0.14 per share for the fourth quarter of 2019 on its Class A and Class B common stock. This distribution is also payable on March 26, 2020 to shareholders of record as of March 12, 2020.
Subsequent to December 31, 2019, the Corporation and ESH REIT repurchased and retired their respective portion of 2.2 million Paired Shares for $19.8 million and $11.3 million, including transaction fees, respectively. As of February 21, 2020, $101.1 million remained available under the combined Paired Share repurchase program.