Supplemental Disclosure of Noncash Financing Activities

9 Months Ended

Sep. 30, 2015

Supplemental Disclosure of Noncash Financing Activities

Supplemental disclosure of noncash financing activities:

During the third quarter, holders of $8.7 million of our 2.5% Exchangeable Senior Debentures due 2029 elected to convert their debentures into 0.7 million shares of Host Inc. common stock.

Additionally, $22 million of the shares repurchased during the quarter were not settled until subsequent to September 30, 2015. Therefore, the corresponding cash payment did not occur until the fourth quarter.  

HOST HOTELS & RESORTS L.P.

Supplemental Disclosure of Noncash Financing Activities

Supplemental disclosure of noncash financing activities:

During the third quarter, holders of $8.7 million of our 2.5% Exchangeable Senior Debentures due 2029 elected to convert their debentures into 0.7 million shares of Host Inc. common stock.

Additionally, $22 million of the shares repurchased during the quarter were not settled until subsequent to September 30, 2015. Therefore, the corresponding cash payment did not occur until the fourth quarter.