DRH: the cash flow

MyFinsight

For the year ending 2025-12-31, DRH had -$25,568K decrease in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net income	101,942
Depreciation and amortization	113,107
Corporate asset depreciation as corporate expenses	204
Loss on debt extinguishment	-5,850
Non-cash lease expense and other amortization	5,140
Non-cash interest rate swap fair value adjustment	0
Amortization of debt issuance costs	1,972
Impairment losses	1,076
Amortization of deferred income related to key money	341
Share-based compensation	7,423
Deferred income tax expense	-2,867
Prepaid expenses and other assets	-5,788
Due to/from hotel managers	3,031
Accounts payable and accrued expenses	7,387
Net cash provided by operating activities	243,650
Capital expenditures	81,563
Property acquisitions	0
Net proceeds from sale of hotel property	89,023
Acquisition of interest in land	0
Net cash provided by (used in) investing activities	7,460
Mortgage debt principal payments	295,808
Repurchases of common stock	37,111
Proceeds from senior unsecured term loan	300,000
Draws on senior unsecured credit facility	60,000
Repayments of senior unsecured credit facility	60,000
Payment of financing costs	11,574
Distributions on common stock and units	98,314
Distributions on preferred stock	9,817
Redemption of preferred stock	119,000
Shares redeemed to satisfy tax withholdings on vested share-based compensation	5,054
Net cash used in financing activities	-276,678
Net (decrease) increase in cash and cash equivalents, and restricted cash	-25,568
Cash, cash equivalents, and restricted cash beginning of year	128,789
Cash, cash equivalents, and restricted cash, end of year	103,221

Unit: Thousand (K) dollars (except for numbers of shares and EPS).