XML 25 R86.htm IDEA: XBRL DOCUMENT v3.20.1
DEBT - Company's Outstanding Debt - REIT (Detail) - USD ($)
3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Sep. 30, 2019
Jun. 30, 2016
May 31, 2015
Debt Instrument [Line Items]              
Carrying Amount, Term loan facility $ 617,170,000 $ 618,338,000 $ 617,170,000        
Carrying Amount, Revolving credit facilities 399,765,000 0 399,765,000        
Carrying Amount, Total 3,068,943,000 2,670,354,000 3,068,943,000        
Unamortized Deferred Financing Costs 39,244,000 40,880,000 39,244,000        
2025 Notes | Senior Notes              
Debt Instrument [Line Items]              
Carrying Amount, Senior notes 1,293,315,000   1,293,315,000        
Unamortized Deferred Financing Costs 14,349,000   14,349,000        
2027 Notes | Senior Notes              
Debt Instrument [Line Items]              
Carrying Amount, Senior notes $ 750,000,000 750,000,000 $ 750,000,000        
Unamortized Deferred Financing Costs   $ 13,633,000   $ 13,199,000      
Stated Interest Rate 4.63%   4.63%        
LIBOR              
Debt Instrument [Line Items]              
Stated Interest Rate 0.99% 1.76% 0.99% 1.76%      
Interest Rate Swap | Designated as Hedging Instrument              
Debt Instrument [Line Items]              
Derivative notional amount $ 150,000,000.0   $ 150,000,000.0        
ESH Hospitality, Inc.              
Debt Instrument [Line Items]              
Carrying Amount, Term loan facility 617,170,000 $ 618,338,000 617,170,000        
Carrying Amount, Revolving credit facilities 350,000,000 0 350,000,000        
Carrying Amount, Total 3,019,178,000 2,670,354,000 3,019,178,000        
Unamortized Deferred Financing Costs 38,713,000 40,324,000 $ 38,713,000        
Mandatory prepayments are required up to a certain amount of excess cash flow     50.00%        
ESH Hospitality, Inc. | ESH REIT 2016 Term Facility | Medium-term Notes              
Debt Instrument [Line Items]              
Stated Amount 630,909,000   $ 630,909,000        
Carrying Amount, Term loan facility 625,863,000 627,368,000 625,863,000        
Unamortized Deferred Financing Costs 8,693,000 9,030,000 8,693,000        
ESH Hospitality, Inc. | ESH REIT 2016 Term Facility | Term Loan Facility | Medium-term Notes              
Debt Instrument [Line Items]              
Unamortized discount on debt $ 1,900,000 2,000,000.0 $ 1,900,000        
Derivative rate (as a percent) 1.175%   1.175%        
Quarterly installment     $ 1,600,000        
Mandatory prepayments are required up to a certain amount of excess cash flow     50.00%        
ESH Hospitality, Inc. | 2025 Notes | Senior Notes              
Debt Instrument [Line Items]              
Stated Amount $ 1,300,000,000   $ 1,300,000,000     $ 800,000,000.0 $ 500,000,000.0
Carrying Amount, Senior notes 1,293,315,000 1,292,986,000 1,293,315,000        
Unamortized Deferred Financing Costs $ 14,349,000 15,055,000 $ 14,349,000        
Stated Interest Rate 5.25%   5.25%       5.25%
Unamortized discount on debt $ 6,700,000 7,000,000.0 $ 6,700,000        
ESH Hospitality, Inc. | 2027 Notes | Senior Notes              
Debt Instrument [Line Items]              
Stated Amount 750,000,000   750,000,000   $ 750,000,000.0    
Carrying Amount, Senior notes 750,000,000 750,000,000 750,000,000        
Unamortized Deferred Financing Costs $ 13,199,000 13,633,000 $ 13,199,000        
Stated Interest Rate 4.63%   4.63%   4.625%    
ESH Hospitality, Inc. | 2016 ESH REIT Revolving Credit Facility | Line of Credit              
Debt Instrument [Line Items]              
Stated Amount $ 350,000,000   $ 350,000,000        
Carrying Amount, Revolving credit facilities 350,000,000 0 350,000,000        
Unamortized Deferred Financing Costs 2,472,000 2,606,000 $ 2,472,000        
ESH Hospitality, Inc. | 2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility              
Debt Instrument [Line Items]              
Stated Interest Rate     1.00%        
ESH Hospitality, Inc. | Unsecured Intercompany Facility | Line of Credit              
Debt Instrument [Line Items]              
Stated Amount 75,000,000   $ 75,000,000        
Carrying amount, unsecured intercompany facility 0 0 0        
Unamortized Deferred Financing Costs $ 0 0 $ 0        
Stated Interest Rate 5.00%   5.00%        
ESH Hospitality, Inc. | Unsecured Intercompany Facility | Line of Credit | Unsecured Debt              
Debt Instrument [Line Items]              
Stated Interest Rate 5.00%   5.00%        
ESH Hospitality, Inc. | LIBOR | ESH REIT 2016 Term Facility | Medium-term Notes              
Debt Instrument [Line Items]              
Stated Interest Rate     2.00%        
ESH Hospitality, Inc. | LIBOR | 2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Minimum              
Debt Instrument [Line Items]              
Stated Interest Rate     1.50%        
ESH Hospitality, Inc. | LIBOR | 2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Maximum              
Debt Instrument [Line Items]              
Stated Interest Rate     2.00%        
ESH Hospitality, Inc. | Interest Rate Swap | Designated as Hedging Instrument              
Debt Instrument [Line Items]              
Derivative notional amount $ 150,000,000.0 $ 200,000,000.0 $ 150,000,000.0