| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Investment in hotel properties, net | 2,779,057 | 2,788,498 | ||
| Operating lease right-of-use assets, net | 5,477 | 6,575 | ||
| Cash and cash equivalents, at carrying value | 121,136 | 73,555 | ||
| Restricted cash | 76,433 | 71,366 | ||
| Accounts receivable, net | 29,444 | 42,779 | ||
| Prepaid expense | 13,807 | - | ||
| Inventory, gross | 11,488 | - | ||
| Debt issuance costs, line of credit arrangements, net | 8,648 | - | ||
| Property and equipment, net | 1,719 | - | ||
| Interest rate derivative assets | 709 | - | ||
| Deferred rent receivables, net | 209 | - | ||
| Indefinite-lived license agreements | 930 | - | ||
| Other assets, miscellaneous | 432 | - | ||
| Prepaid expenses and other assets, net | 37,942 | 28,214 | ||
| Total assets | 3,049,489 | 3,010,987 | ||
| Accounts payable and other accrued liabilities | 63,942 | 56,749 | ||
| Dividends payable | 22,060 | 22,314 | ||
| Debt, net of unamortized deferred financing costs | 917,452 | 868,695 | ||
| Other liabilities | 77,866 | 73,413 | ||
| Operating lease, liability | 8,574 | 9,830 | ||
| Total liabilities | 1,089,894 | 1,031,001 | ||
| Cumulative redeemable preferred stock-Series GPreferred Stock | 66,250 | 66,250 | ||
| Cumulative redeemable preferred stock-Series HPreferred Stock | 115,000 | 115,000 | ||
| Cumulative redeemable preferred stock-Series IPreferred Stock | 100,000 | 100,000 | ||
| Common stock, 0.01 par value, 500,000,000 shares authorized, 189,911,794 shares issued and outstanding at september 30, 2025 and 200,824,993 shares issued and outstanding at december 31, 2024 | 1,899 | 1,902 | ||
| Additional paid in capital | 2,298,073 | 2,298,245 | ||
| Distributions in excess of retained earnings | 621,627 | 601,411 | ||
| Total stockholders' equity | 1,959,595 | 1,979,986 | ||
| Total equity | 1,959,595 | 1,979,986 | ||
| Total liabilities and stockholders' equity | 3,049,489 | 3,010,987 | ||
Sunstone Hotel Investors, Inc. (SHO)
Sunstone Hotel Investors, Inc. (SHO)