The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -5,913 | -2,577 | -11,760 | 2,660 |
| Depreciation and amortization | 36,774 | 37,487 | 37,634 | 74,489 |
| Amortization of debt issuance costs | 1,997 | 1,605 | 1,929 | 3,350 |
| Loss on write-down of assets | 3,641 | 1,833 | - | - |
| Recovery of credit losses | - | 0 | - | - |
| Equity-based compensation | 2,001 | 2,039 | 2,049 | 4,705 |
| Gain on extinguishment of debt | - | 0 | 0 | 0 |
| Deferred tax expense | 467 | -967 | -532 | 1,168 |
| Non-cash interest income | - | 0 | 0 | 0 |
| Reversal of valuation allowance on deferred tax assets | - | 0 | - | - |
| Debt transaction costs | - | 0 | -15 | 15 |
| Loss (gain) on disposal of assets, net | -40 | 6,715 | -57 | -79 |
| Other | -273 | -192 | -302 | -445 |
| Trade receivables, net | 6,261 | -1,638 | -3,440 | 4,054 |
| Prepaid expenses and other | 7,574 | -7,137 | 317 | 4,669 |
| Accounts payable | -821 | -813 | 2,479 | -1,441 |
| Accrued expenses and other | 3,478 | -12,317 | 10,536 | -2,061 |
| Escrow deposits | - | - | 0 | - |
| Net cash provided by operating activities | 28,102 | 28,542 | 45,802 | 74,686 |
| Other | - | - | 0 | 128 |
| Acquisitions of lodging properties | - | 0 | - | - |
| Improvements to lodging properties | 11,941 | 19,087 | 21,822 | 34,570 |
| Investment in lodging property under development | 0 | 936 | 924 | 5,647 |
| Proceeds from tax incentive payment | - | 0 | 0 | - |
| Proceeds from asset dispositions, net | 12,007 | 38,373 | 59 | 1,243 |
| Funding of real estate loans and related expenses | - | 0 | - | - |
| Proceeds from principal payments on real estate loans | - | 0 | - | - |
| Transaction escrow activity and other | - | 76 | - | - |
| Proceeds from mortgage loan | - | 0 | 0 | 58,000 |
| Net cash provided by (used in) investing activities | 66 | 18,402 | -22,687 | -39,102 |
| Proceeds from borrowings on revolving line of credit | 45,000 | 0 | 15,000 | 55,000 |
| Repayments of revolving line of credit borrowings | 20,000 | 20,000 | 20,000 | 40,000 |
| Repayment of mortgage loan | - | -45,433 | - | - |
| Scheduled principal payments on mortgage debt | -46,298 | - | 182 | 46,305 |
| Scheduled principal payments on mortgage loans | - | 1,124 | - | - |
| Repurchases of common shares | 5,973 | 0 | 0 | 15,402 |
| Proceeds from term loan | 275,000 | 0 | 95,000 | - |
| Repayment on convertible notes | 287,500 | - | - | - |
| Repayment of term loan | - | - | 91,037 | - |
| Redemption of subsidiary preferred stock | - | 625 | - | - |
| Repayment on term loan | 7,300 | - | - | - |
| Common dividends and distributions paid | 9,624 | 9,624 | 9,625 | 19,740 |
| Preferred dividends and distributions paid | 4,627 | 4,775 | 4,624 | 9,402 |
| Contributions by non-controlling interests in joint venture | 0 | 112 | 78 | 754 |
| Repayment of term loans | - | 100,308 | - | - |
| Distributions to joint venture partners | 2,542 | 8,838 | 3,724 | 11,605 |
| Financing fees, debt transaction costs and other issuance costs | 297 | 46 | 4,789 | 5,432 |
| Repurchase of common stock for tax withholding requirements | 894 | 0 | 31 | 1,586 |
| Proceeds from the sale of subsidiary preferred stock | - | 0 | - | - |
| Net cash used in financing activities | -18,946 | -53,137 | -23,934 | -35,718 |
| Net change in cash, cash equivalents and restricted cash | 9,222 | -6,193 | -819 | -134 |
| Beginning of period | 41,212 | 953 | 48,358 | - |
| End of period | 50,434 | -6,193 | 47,405 | - |
Summit Hotel Properties, Inc. (INN)
Summit Hotel Properties, Inc. (INN)