| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net (loss) income | -5,913 | -2,577 | -9,100 |
| Depreciation and amortization | 36,774 | 37,487 | 112,123 |
| Amortization of debt issuance costs | 1,997 | 1,605 | 5,279 |
| Loss on write-down of assets | 3,641 | 1,833 | NaN |
| Recovery of credit losses | NaN | 0 | NaN |
| Equity-based compensation | 2,001 | 2,039 | 6,754 |
| Deferred tax expense | 467 | -967 | 636 |
| Reversal of valuation allowance on deferred tax assets | NaN | 0 | NaN |
| Loss (gain) on disposal of assets, net | -40 | 6,715 | -136 |
| Gain on extinguishment of debt | NaN | 0 | 0 |
| Non-cash interest income | NaN | 0 | 0 |
| Debt transaction costs | NaN | 0 | 0 |
| Other | -273 | -192 | -747 |
| Trade receivables, net | 6,261 | -1,638 | 614 |
| Prepaid expenses and other | 7,574 | -7,137 | 4,986 |
| Accounts payable | -821 | -813 | 1,038 |
| Accrued expenses and other | 3,478 | -12,317 | 8,475 |
| Net cash provided by operating activities | 28,102 | 28,542 | 120,488 |
| Acquisitions of lodging properties | NaN | 0 | NaN |
| Improvements to lodging properties | 11,941 | 19,087 | 56,392 |
| Investment in lodging property under development | 0 | 936 | 6,571 |
| Proceeds from tax incentive payment | NaN | 0 | 0 |
| Proceeds from asset dispositions, net | 12,007 | 38,373 | 1,302 |
| Funding of real estate loans and related expenses | NaN | 0 | NaN |
| Escrow deposits | NaN | NaN | 0 |
| Proceeds from principal payments on real estate loans | NaN | 0 | NaN |
| Other | NaN | NaN | 128 |
| Transaction escrow activity and other | NaN | 76 | NaN |
| Net cash provided by (used in) investing activities | 66 | 18,402 | -61,789 |
| Proceeds from borrowings on revolving line of credit | 45,000 | 0 | 70,000 |
| Repayments of revolving line of credit borrowings | 20,000 | 20,000 | 60,000 |
| Proceeds from mortgage loan | NaN | 0 | 58,000 |
| Repayment of mortgage loan | NaN | -45,433 | NaN |
| Scheduled principal payments on mortgage debt | -46,298 | NaN | 46,487 |
| Scheduled principal payments on mortgage loans | NaN | 1,124 | NaN |
| Repurchases of common shares | 5,973 | 0 | 15,402 |
| Proceeds from term loan | 275,000 | 0 | 95,000 |
| Repayment on convertible notes | 287,500 | NaN | NaN |
| Repayment of term loan | NaN | NaN | 91,037 |
| Redemption of subsidiary preferred stock | NaN | 625 | NaN |
| Repayment on term loan | 7,300 | NaN | NaN |
| Common dividends and distributions paid | 9,624 | 9,624 | 29,365 |
| Preferred dividends and distributions paid | 4,627 | 4,775 | 14,026 |
| Contributions by non-controlling interests in joint venture | 0 | 112 | 832 |
| Repayment of term loans | NaN | 100,308 | NaN |
| Distributions to joint venture partners | 2,542 | 8,838 | 15,329 |
| Financing fees, debt transaction costs and other issuance costs | 297 | 46 | 10,221 |
| Repurchase of common stock for tax withholding requirements | 894 | 0 | 1,617 |
| Proceeds from the sale of subsidiary preferred stock | NaN | 0 | NaN |
| Net cash used in financing activities | -18,946 | -53,137 | -59,652 |
| Net change in cash, cash equivalents and restricted cash | 9,222 | -6,193 | -953 |
| Beginning of period | 41,212 | 953 | 48,358 |
| End of period | 50,434 | -6,193 | 47,405 |
Summit Hotel Properties, Inc. (INN-PE)
Summit Hotel Properties, Inc. (INN-PE)