XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Total
Series D Preferred Stock
Series F Preferred Stock
Series G Preferred Stock
Series H Preferred Stock
Series I Preferred Stock
Common Stock
Impact of adoption of new accounting standard
Preferred Stock
Series D Preferred Stock
Preferred Stock
Series F Preferred Stock
Preferred Stock
Series G Preferred Stock
Preferred Stock
Series H Preferred Stock
Preferred Stock
Series I Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Deficit
Series D Preferred Stock
Accumulated Deficit
Series F Preferred Stock
Accumulated Deficit
Series G Preferred Stock
Accumulated Deficit
Series H Preferred Stock
Accumulated Deficit
Series I Preferred Stock
Accumulated Deficit
Common Stock
Accumulated Deficit
Impact of adoption of new accounting standard
Noncontrolling Interests In Consolidated Entities
Redeemable Noncontrolling Interests in Operating Partnership
Beginning balance, shares (in shares) at Dec. 31, 2018                 2,389 4,800 6,200 3,800 5,400 10,104                      
Beginning balance, value at Dec. 31, 2018 $ 453,105             $ 1,755 $ 24 $ 48 $ 62 $ 38 $ 54 $ 101 $ 1,815,182 $ (1,363,020)             $ 1,755 $ 616  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Purchases of common stock (in shares)                           (21)                      
Purchases of common stock (1,031)                           (1,031)                    
Equity-based compensation 9,251                           9,251                   $ 5,612
Forfeitures of restricted shares (in shares)                           (6)                      
Forfeitures of restricted shares 0                                                
Issuance of restricted shares/units (in shares)                           134                      
Issuance of restricted shares/units 0                         $ 1 (1)                   28
Common stock offering costs (91)                           (91)                    
Dividends declared   $ (3,786) $ (6,637) $ (8,572) $ (5,344) $ (7,594) $ (24,895)             $ (23,841)     $ (3,786) $ (6,637) $ (8,572) $ (5,344) $ (7,594) $ (24,895)      
Distributions to noncontrolling interests 0                                               (5,256)
Redemption value adjustment (10,842)                             (10,842)                 10,842
Net income (loss) (85,478)                             (85,476)               (2) (21,582)
Ending balance, shares (in shares) at Sep. 30, 2019                 2,389 4,800 6,200 3,800 5,400 10,211                      
Ending balance, value at Sep. 30, 2019 309,841               $ 24 $ 48 $ 62 $ 38 $ 54 $ 102 1,823,310 (1,514,411)               614  
Beginning balance, value at Dec. 31, 2018                                                 80,743
Redeemable Noncontrolling Interests in Operating Partnership                                                  
Equity-based compensation 9,251                           9,251                   5,612
Forfeitures of restricted shares 0                                                
Issuance of restricted shares/units 0                         $ 1 (1)                   28
Issuance of units for hotel acquisition 0                                               7,854
Distributions to noncontrolling interests 0                                               (5,256)
Redemption value adjustment (10,842)                             (10,842)                 10,842
Net income (loss) (85,478)                             (85,476)               (2) (21,582)
Ending balance, value at Sep. 30, 2019                                                 78,241
Beginning balance, shares (in shares) at Dec. 31, 2018                 2,389 4,800 6,200 3,800 5,400 10,104                      
Beginning balance, value at Dec. 31, 2018 453,105             $ 1,755 $ 24 $ 48 $ 62 $ 38 $ 54 $ 101 1,815,182 (1,363,020)             $ 1,755 616  
Ending balance, shares (in shares) at Dec. 31, 2019                 2,389 4,800 6,200 3,800 5,400 10,210                      
Ending balance, value at Dec. 31, 2019 269,266               $ 24 $ 48 $ 62 $ 38 $ 54 $ 102 1,826,472 (1,558,038)               504  
Beginning balance, value at Dec. 31, 2018                                                 80,743
Ending balance, value at Dec. 31, 2019 69,870                                               69,870
Beginning balance, shares (in shares) at Jun. 30, 2019                 2,389 4,800 6,200 3,800 5,400 10,213                      
Beginning balance, value at Jun. 30, 2019 367,204               $ 24 $ 48 $ 62 $ 38 $ 54 $ 102 1,820,096 (1,453,824)               604  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Equity-based compensation 3,214                           3,214                   1,691
Forfeitures of restricted shares (in shares)                           (2)                      
Forfeitures of restricted shares 0                                                
Dividends declared   (1,262) (2,212) (2,857) (1,782) (2,532) $ (6,222)             $ (5,997)     (1,262) (2,212) (2,857) (1,782) (2,532) $ (6,222)      
Distributions to noncontrolling interests 0                                               (1,316)
Redemption value adjustment (12,543)                             (12,543)                 12,543
Net income (loss) (31,167)                             (31,177)               10 (7,919)
Ending balance, shares (in shares) at Sep. 30, 2019                 2,389 4,800 6,200 3,800 5,400 10,211                      
Ending balance, value at Sep. 30, 2019 309,841               $ 24 $ 48 $ 62 $ 38 $ 54 $ 102 1,823,310 (1,514,411)               614  
Beginning balance, value at Jun. 30, 2019                                                 73,242
Redeemable Noncontrolling Interests in Operating Partnership                                                  
Equity-based compensation 3,214                           3,214                   1,691
Forfeitures of restricted shares 0                                                
Distributions to noncontrolling interests 0                                               (1,316)
Redemption value adjustment (12,543)                             (12,543)                 12,543
Net income (loss) (31,167)                             (31,177)               10 (7,919)
Ending balance, value at Sep. 30, 2019                                                 78,241
Beginning balance, shares (in shares) at Dec. 31, 2019                 2,389 4,800 6,200 3,800 5,400 10,210                      
Beginning balance, value at Dec. 31, 2019 269,266               $ 24 $ 48 $ 62 $ 38 $ 54 $ 102 1,826,472 (1,558,038)               504  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Purchases of common stock (in shares)                           (32)                      
Purchases of common stock (399)                           (399)                    
Equity-based compensation 4,426                           4,426                   3,914
Forfeitures of restricted shares (in shares)                           (53)                      
Forfeitures of restricted shares 0                                                
Issuance of restricted shares/units (in shares)                           180                      
Issuance of restricted shares/units 0                         $ 1 (1)                    
Issuance of common stock (in shares)             4,127             4,127                      
Issuance of common stock 11,056                         $ 41 11,015                    
Dividend clawback 605                             605                 1,401
Dividends declared   $ (1,262) $ (2,212) $ (2,858) $ (1,781) $ (2,531)               $ 0     $ (1,262) $ (2,212) $ (2,858) $ (1,781) $ (2,531)        
Conversion of operating partnership units (in shares)                           196                      
Redemption value adjustment (23,600)                             (23,600)                 23,600
Net income (loss) (418,338)                             (418,098)               (240) (77,294)
Ending balance, shares (in shares) at Sep. 30, 2020                 2,389 4,800 6,200 3,800 5,400 14,628                      
Ending balance, value at Sep. 30, 2020 (166,669)               $ 24 $ 48 $ 62 $ 38 $ 54 $ 146 1,842,470 (2,009,775)               264  
Beginning balance, value at Dec. 31, 2019 69,870                                               69,870
Redeemable Noncontrolling Interests in Operating Partnership                                                  
Equity-based compensation 4,426                           4,426                   3,914
Forfeitures of restricted shares 0                                                
Issuance of restricted shares/units 0                         1 (1)                    
Conversion of operating partnership units 959                         $ 2 957                   (959)
Redemption value adjustment (23,600)                             (23,600)                 23,600
Net income (loss) (418,338)                             (418,098)               (240) (77,294)
Ending balance, value at Sep. 30, 2020 20,532                                               20,532
Beginning balance, shares (in shares) at Jun. 30, 2020                 2,389 4,800 6,200 3,800 5,400 10,475                      
Beginning balance, value at Jun. 30, 2020 (38,366)               $ 24 $ 48 $ 62 $ 38 $ 54 $ 105 1,829,935 (1,868,968)               336  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Purchases of common stock (in shares)                           (1)                      
Purchases of common stock (2)                           (2)                    
Equity-based compensation 1,539                           1,539                   1,054
Forfeitures of restricted shares (in shares)                           (2)                      
Forfeitures of restricted shares 0                                                
Issuance of restricted shares/units (in shares)                           29                      
Issuance of restricted shares/units (17)                           (17)                   (107)
Issuance of common stock (in shares)             4,127             4,127                      
Issuance of common stock 11,056                         $ 41 11,015                    
Dividends declared                           $ 0                      
Redemption value adjustment (11,526)                             (11,526)                 11,526
Net income (loss) (129,353)                             (129,281)               (72) (22,273)
Ending balance, shares (in shares) at Sep. 30, 2020                 2,389 4,800 6,200 3,800 5,400 14,628                      
Ending balance, value at Sep. 30, 2020 (166,669)               $ 24 $ 48 $ 62 $ 38 $ 54 $ 146 1,842,470 (2,009,775)               264  
Beginning balance, value at Jun. 30, 2020                                                 30,332
Redeemable Noncontrolling Interests in Operating Partnership                                                  
Equity-based compensation 1,539                           1,539                   1,054
Forfeitures of restricted shares 0                                                
Issuance of restricted shares/units (17)                           $ (17)                   (107)
Redemption value adjustment (11,526)                             (11,526)                 11,526
Net income (loss) (129,353)                             $ (129,281)               $ (72) (22,273)
Ending balance, value at Sep. 30, 2020 $ 20,532                                               $ 20,532