Summit Hotel Properties, Inc. (INN)
2025-06-30 | 2025-03-31 | 2024-09-30 | ||
|---|---|---|---|---|
| Total revenues | - | 184,478 | 176,807 | |
| Gain on disposal of assets, net | - | 1 | - | |
| Transaction costs | - | - | 10 | |
| Property taxes, insurance and other | - | 13,311 | 13,250 | |
| Management fees | - | 4,495 | - | |
| Corporate general and administrative | - | 8,571 | 7,473 | |
| Depreciation and amortization | - | 37,230 | 36,708 | |
| Cost of goods and services sold | - | 101,045 | 100,905 | |
| Total expenses | - | 164,652 | 161,074 | |
| Gain (loss) on disposal of assets, net | - | - | 22 | |
| Operating income | - | 19,827 | 15,755 | |
| Other income, net | - | 1,230 | 999 | |
| Interest income | - | 276 | 450 | |
| Interest expense | - | 19,956 | 20,428 | |
| Total other expense, net | - | -18,450 | -18,979 | |
| Income from continuing operations before income taxes | - | 1,377 | -3,224 | |
| Income tax expense (note 13) | - | 754 | 332 | |
| Net income | - | 623 | -3,556 | |
| Less - income attributable to non-controlling interests | - | 680 | -3,908 | |
| Net (loss) income attributable to summit hotel properties, inc. before preferred dividends | - | -57 | 352 | |
| Net loss attributable to common stockholders | - | -4,684 | -4,272 | |
| Allocation of income to participating securities | - | - | - | |
| Allocation of loss (income) to participating securities | -210 | - | - | |
| Net income | 2,037 | - | - | |
| Preferred dividends | 3,968 | 3,970 | 3,968 | |
| Distributions to and accretion on redeemable non-controlling interests | 657 | 657 | 656 | |
| (income) loss from non-controlling interests in joint ventures | -769 | - | - | |
| Dividends paid on unvested time-based restricted stock | 117 | - | - | |
| Numerator for (loss) income per common stockholder - basic | -1,726 | - | - | |
| Numerator for (loss) income per common stockholder - diluted | -1,726 | -4,684 | -4,272 | |
| Basic (in dollars per share) | -0.02 | -0.04 | -0.04 | |
| Basic (in shares) | 107,633,000 | 108,008,000 | 106,033,000 | |
| Diluted (in dollars per share) | -0.02 | -0.04 | -0.04 | |
| Diluted (in shares) | 107,633,000 | 108,008,000 | 106,033,000 | |