Summit Hotel Properties, Inc.INN
| Dec 31,
2011 | Dec 31,
2012 | Dec 31,
2013 | Dec 31,
2014 | Dec 31,
2015 | Dec 31,
2016 | Dec 31,
2017 | Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Net income (loss) | -4,176,807 | -2 | 6 | 21 | 125 | 108 | 100 | 91 | 82 | -149 | -69 | 1 | -28 | 39 |
|---|
| Depreciation and amortization | 30 | 35 | 51 | 65 | 64 | 72 | 86 | 101 | 99 | 110 | 106 | 150 | 151 | 146 |
|---|
| Amortization of debt issuance costs | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 2 | 4 | 6 | 6 | 7 |
|---|
| Asset Impairment Charges | - | 1 | 1 | 9 | 1 | 1 | - | 1 | 3 | 2 | 4 | 10 | 17 | 7 |
|---|
| Recovery of credit losses | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - |
|---|
| Equity-based compensation | 479,559 | 1 | 2 | 4 | 5 | 4 | 6 | 7 | 6 | 6 | 11 | 8 | 8 | 8 |
|---|
| Deferred tax expense (benefit) | -2,195,820 | -2 | 4 | -0 | 0 | -2 | 1 | -0 | -0 | 2 | -0 | -0 | 0 | 1 |
|---|
| Reversal of valuation allowance on deferred tax assets | - | - | - | - | - | - | - | - | - | - | - | - | - | 12 |
|---|
| (Gain) loss on disposal of assets, net | - | - | 4 | 0 | 65 | 50 | 28 | 41 | 45 | -0 | 0 | 20 | -0 | 29 |
|---|
| Gain on extinguishment of debt | - | - | - | - | - | - | - | - | - | - | - | - | - | 3 |
|---|
| Non-cash interest income | - | - | - | - | - | - | 0 | 2 | 2 | 3 | 1 | 0 | 1 | 0 |
|---|
| Debt transaction costs | - | - | - | - | - | - | - | - | 2 | 0 | 0 | 2 | 0 | 1 |
|---|
| Other | - | - | - | - | -1 | -0 | -0 | -1 | -0 | -0 | -0 | -0 | -1 | -0 |
|---|
| Trade receivables, net | 394,554 | 1 | 2 | 0 | 2 | 3 | 5 | -3 | -1 | -1 | 3 | 7 | 0 | -3 |
|---|
| Prepaid expenses and other | -2,090,311 | 1 | 4 | -4 | -0 | 1 | 2 | 1 | -1 | 1 | 1 | -2 | 1 | 1 |
|---|
| Accounts payable | 35,368 | 5 | - | - | - | 2 | -0 | -0 | -0 | -1 | 2 | -0 | -0 | 3 |
|---|
| Accrued expenses and other | - | - | - | - | - | 3 | 5 | 1 | 1 | -17 | 15 | 19 | 2 | -2 |
|---|
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 24 | 35 | - | 102 | 132 | 138 | 147 | 162 | 148 | -42 | 66 | 170 | 154 | 166 |
|---|
| Acquisitions of lodging properties | - | - | - | - | - | - | - | - | - | - | - | - | 45 | 96 |
|---|
| Improvements to lodging properties | - | 29 | 53 | 42 | 43 | 42 | 37 | 67 | 59 | 23 | 20 | 76 | 90 | 89 |
|---|
| Investment in property under development | - | - | - | - | - | - | - | - | - | - | - | - | - | 5 |
|---|
| Proceeds from tax incentive payment | - | - | - | - | - | - | - | - | - | - | - | - | - | 10 |
|---|
| Proceeds from asset dispositions, net | 361,356 | 26 | 53 | 19 | 150 | 145 | 121 | 104 | 166 | - | - | 74 | 35 | 109 |
|---|
| Funding of real estate loans and related expenses | - | - | - | 7 | 3 | 28 | 18 | 16 | 8 | 10 | 10 | 2 | 5 | - |
|---|
| Proceeds from principal payments on real estate loans | - | - | - | - | - | - | - | - | - | - | 26 | 1 | 1 | - |
|---|
| Escrow (deposits) receipts | - | - | - | - | - | - | - | - | - | - | - | - | - | -0 |
|---|
| NET CASH USED IN INVESTING ACTIVITIES | -83,485,544 | -233 | - | -201 | -131 | -154 | -516 | -63 | -182 | -31 | -74 | -291 | -102 | -71 |
|---|
| Proceeds from Issuance of Debt | 65 | 131 | 587 | 264 | 600 | 405 | 668 | 815 | 360 | 203 | 332 | 507 | 75 | 115 |
|---|
| Repayments of revolving line of credit borrowings | - | - | - | - | - | - | - | - | - | - | - | - | 90 | 105 |
|---|
| Proceeds from term-loan borrowings | - | - | - | - | - | - | - | - | - | - | - | - | - | 50 |
|---|
| Principal payments on debt | - | - | 498 | 116 | 550 | 425 | 452 | 723 | 302 | 124 | 352 | 507 | 2 | 95 |
|---|
| Proceeds From Sale Of Noncontrolling Interests | - | - | - | - | - | - | - | - | - | - | - | 1 | 1 | - |
|---|
| Redemption of preferred stock | - | - | - | - | - | -50 | -75 | -85 | - | - | -75 | - | -0 | - |
|---|
| Common dividends and distributions paid | - | - | - | - | - | - | - | - | - | - | - | 10 | 27 | 37 |
|---|
| Preferred dividends and distributions paid | - | - | - | - | - | - | - | - | - | - | - | 18 | 19 | 19 |
|---|
| Proceeds from Contributions from Affiliates | - | - | 8 | - | - | - | - | - | - | - | - | - | 21 | 22 |
|---|
| Distributions to joint venture partner | - | - | - | - | - | - | - | - | - | - | - | 80 | 12 | 22 |
|---|
| Financing fees, debt transactions costs and other issuance costs | 4 | 2 | 3 | 1 | 2 | 2 | 2 | 4 | 4 | 3 | 11 | 7 | 10 | 4 |
|---|
| Repurchase of common stock for tax withholding requirements | - | - | - | - | - | - | - | 3 | 1 | 0 | 3 | 2 | 1 | 1 |
|---|
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | 62 | 202 | - | 90 | -10 | 22 | 370 | -92 | 31 | 42 | 66 | 86 | -66 | -94 |
|---|
| Net change in cash, cash equivalents and restricted cash | - | - | - | - | - | - | - | 7 | -3 | -31 | 58 | -35 | -14 | 1 |
|---|