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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,457,437 and $1,373,950 $ 3,487,340 $ 3,493,549
RESTRICTED CASH 14,893 14,858
CASH AND CASH EQUIVALENTS 667,553 346,812
INTANGIBLE ASSETS - Net of accumulated amortization of $14,421 and $13,133 33,018 34,183
GOODWILL 45,192 45,192
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,715 and $2,749 13,396 14,020
DEFERRED TAX ASSETS 20,377 16,157
OTHER ASSETS 66,470 65,825
TOTAL ASSETS 4,348,239 4,030,596
LIABILITIES:    
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,174 and $10,993 616,003 618,338
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $32,758 and $35,702 2,017,242 2,014,298
Revolving credit facilities 399,765 0
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,130,000 shares issued and outstanding 708 7,130
Finance lease liabilities 3,767 3,379
Accounts payable and accrued liabilities 208,386 211,181
Total liabilities 3,245,871 2,854,326
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:    
Common stock - $0.01 par value, 3,500,000,000 shares authorized, 177,482,082 and 179,483,397 shares issued and outstanding 1,775 1,795
Additional paid in capital 724,882 742,397
Retained earnings (75,749) (48,283)
Accumulated other comprehensive (loss) income (489) 383
Total Extended Stay America, Inc. shareholders’ equity 650,419 696,292
Noncontrolling interests 451,949 479,978
Total equity 1,102,368 1,176,270
TOTAL LIABILITIES AND EQUITY $ 4,348,239 $ 4,030,596