The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -11,760 | 2,660 |
| Depreciation and amortization | 37,634 | 74,489 |
| Amortization of debt issuance costs | 1,929 | 3,350 |
| Equity-based compensation | 2,049 | 4,705 |
| Deferred tax expense | -532 | 1,168 |
| Loss (gain) on disposal of assets, net | -57 | -79 |
| Gain on extinguishment of debt | 0 | 0 |
| Non-cash interest income | 0 | 0 |
| Debt transaction costs | -15 | 15 |
| Other | -302 | -445 |
| Trade receivables, net | -3,440 | 4,054 |
| Prepaid expenses and other | 317 | 4,669 |
| Accounts payable | 2,479 | -1,441 |
| Accrued expenses and other | 10,536 | -2,061 |
| Net cash provided by operating activities | 45,802 | 74,686 |
| Improvements to lodging properties | 21,822 | 34,570 |
| Investment in lodging property under development | 924 | 5,647 |
| Proceeds from tax incentive | 0 | - |
| Proceeds from asset dispositions, net | 59 | 1,243 |
| Escrow deposits | 0 | - |
| Other | 0 | 128 |
| Net cash (used in) provided by investing activities | -22,687 | -39,102 |
| Proceeds from borrowings on revolving line of credit | 15,000 | 55,000 |
| Repayments of revolving line of credit borrowings | 20,000 | 40,000 |
| Proceeds from mortgage loan | 0 | 58,000 |
| Principal payments on debt | 182 | 46,305 |
| Repurchases of common shares | 0 | 15,402 |
| Proceeds from term loan | 95,000 | - |
| Repayment of term loan | 91,037 | - |
| Common dividends and distributions paid | 9,625 | 19,740 |
| Preferred dividends and distributions paid | 4,624 | 9,402 |
| Contributions by non-controlling interests in joint venture | 78 | 754 |
| Distributions to joint venture partners | 3,724 | 11,605 |
| Financing fees, debt transaction costs and other issuance costs | 4,789 | 5,432 |
| Repurchase of common stock for tax withholding requirements | 31 | 1,586 |
| Net cash used in financing activities | -23,934 | -35,718 |
| Net change in cash, cash equivalents and restricted cash | -819 | -134 |
| Cash and cash equivalents at beginning of period | 48,358 | - |
| Cash and cash equivalents at end of period | 47,405 | - |
Summit Hotel Properties, Inc. (INN)
Summit Hotel Properties, Inc. (INN)