Financial Statements As Reported

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

OPERATING ACTIVITIES

Net income

Adjustments to reconcile net income to net cash provided by operating activities

Depreciation and amortization
Amortization of deferred financing costs
Loss on impairment of assets
Equity-based compensation
Deferred tax asset, net NA
Realization of deferred gain NA
Gain on disposal of assets, net
Non-cash interest income
Debt transaction costs NA NA NA NA
Other

Changes in operating assets and liabilities

Restricted cash - operating NA NA NA NA
Trade receivables, net
Prepaid expenses and other
Accounts payable
Accrued expenses and other
NET CASH PROVIDED BY OPERATING ACTIVITIES

INVESTING ACTIVITIES

Acquisition of hotel properties and land under ground lease
Investment in hotel properties under development
Improvements to hotel properties
Proceeds from asset dispositions, net
Funding of real estate loans
Proceeds from collection of real estate loans NA
(Increase) decrease in restricted cash - FF&E reserve NA NA NA NA
Proceeds from principal payments on real estate loans NA NA NA NA
Increase in escrow deposits for acquisitions
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES

FINANCING ACTIVITIES

Proceeds from issuance of debt
Principal payments on debt
Proceeds from equity offerings, net of issuance costs NA
Redemption of preferred stock
Dividends paid
Proceeds from contribution by joint venture partner NA NA NA NA
Financing fees on debt and other issuance costs
Repurchase of common shares for withholding requirements
NET CASH USED IN FINANCING ACTIVITIES
Net change in cash and cash equivalents NA NA NA NA

CASH AND CASH EQUIVALENTS

Beginning of period NA NA NA NA
End of period NA NA NA NA
Net change in cash, cash equivalents and restricted cash NA

CASH, CASH EQUIVALENTS AND RESTRICTED CASH

Beginning of period NA
End of period NA

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

Cash payments for interest
Accrued acquisition costs and improvements to hotel properties
Capitalized interest
Net cash (refunds) payments for income taxes
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.