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SOTHERLY HOTELS INC.: 10-K filed 2024-03-22

What SOTHERLY HOTELS INC. reported in its annual report filed 2024-03-22 (fiscal FY 2023): 31 published measures, 138 facts as tagged in accession 0000950170-24-035300.

This filing

Form
10-K (annual report)
Filed
2024-03-22
Fiscal period
fiscal FY 2023
Accession
0000950170-24-035300 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SOTHERLY HOTELS INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-12-31393,443,480USD
At 2022-12-31406,569,121USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-12-31345,544,821USD
At 2022-12-31355,048,398USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-12-3149,230,403USD
At 2022-12-3152,254,301USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-12-3117,101,993USD
At 2022-12-3121,918,680USD
At 2021-12-3113,166,883USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-01-01 to 2023-12-313,941,421USD365
2022-01-01 to 2022-12-3132,536,521USD365
2021-01-01 to 2021-12-31-26,221,474USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-12-3121,400,462USD365
2022-01-01 to 2022-12-316,658,820USD365
2021-01-01 to 2021-12-312,322,503USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-10-01 to 2023-12-3142,148,085USD92
2023-07-01 to 2023-09-3039,181,363USD92
2023-04-01 to 2023-06-3049,017,332USD91
2023-01-01 to 2023-03-3143,491,277USD90
2022-10-01 to 2022-12-3141,341,747USD92
2022-07-01 to 2022-09-3039,212,695USD92
2022-04-01 to 2022-06-3047,170,259USD91
2022-01-01 to 2022-03-3138,352,603USD90

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2023-01-01 to 2023-12-31173,838,057USD365
2022-01-01 to 2022-12-31166,077,304USD365
2021-01-01 to 2021-12-31127,587,924USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-15,778,883USD365
2022-01-01 to 2022-12-31-51,550,894USD365
2021-01-01 to 2021-12-31-9,656,757USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-6,726,869USD365
2022-01-01 to 2022-12-3146,655,167USD365
2021-01-01 to 2021-12-31-2,387,755USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-12-31-125,021,013USD
At 2022-12-31-120,985,183USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-01-01 to 2023-12-3118,843,032shares365
2022-01-01 to 2022-12-3117,802,772shares365
2021-01-01 to 2021-12-3115,531,684shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-01-01 to 2023-12-3118,843,032shares365
2022-01-01 to 2022-12-3117,802,772shares365
2021-01-01 to 2021-12-3115,531,684shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-10-01 to 2023-12-31-0.15USD/shares92
2023-01-01 to 2023-12-31-0.22USD/shares365
2023-07-01 to 2023-09-30-0.2USD/shares92
2023-04-01 to 2023-06-300.16USD/shares91
2023-01-01 to 2023-03-31-0.03USD/shares90
2022-10-01 to 2022-12-310.18USD/shares92
2022-01-01 to 2022-12-311.4USD/shares365
2022-07-01 to 2022-09-300.01USD/shares92
2022-04-01 to 2022-06-301.36USD/shares91
2022-01-01 to 2022-03-31-0.15USD/shares90
2021-01-01 to 2021-12-31-2.15USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-10-01 to 2023-12-31-0.15USD/shares92
2023-01-01 to 2023-12-31-0.22USD/shares365
2023-07-01 to 2023-09-30-0.2USD/shares92
2023-04-01 to 2023-06-300.16USD/shares91
2023-01-01 to 2023-03-31-0.03USD/shares90
2022-10-01 to 2022-12-310.18USD/shares92
2022-01-01 to 2022-12-311.4USD/shares365
2022-07-01 to 2022-09-300.01USD/shares92
2022-04-01 to 2022-06-301.36USD/shares91
2022-01-01 to 2022-03-31-0.15USD/shares90
2021-01-01 to 2021-12-31-2.15USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-304,947USD365
2022-01-01 to 2022-12-31522,355USD365
2021-01-01 to 2021-12-3127,392USD365

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-12-31559,220USD365
2022-01-01 to 2022-12-31998,424USD365
2021-01-01 to 2021-12-31689,547USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-10-01 to 2023-12-313,947,654USD92
2023-01-01 to 2023-12-3118,925,431USD365
2023-07-01 to 2023-09-301,167,854USD92
2023-04-01 to 2023-06-308,289,801USD91
2023-01-01 to 2023-03-315,520,122USD90
2022-10-01 to 2022-12-315,141,325USD92
2022-01-01 to 2022-12-3120,554,813USD365
2022-07-01 to 2022-09-303,288,996USD92
2022-04-01 to 2022-06-308,199,288USD91
2022-01-01 to 2022-03-313,925,204USD90
2021-01-01 to 2021-12-31-8,055,006USD365

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-01-01 to 2023-12-3117,588,091USD365
2022-01-01 to 2022-12-3119,772,802USD365
2021-01-01 to 2021-12-3122,686,694USD365

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2023-10-01 to 2023-12-3138,200,430USD92
2023-07-01 to 2023-09-3038,013,510USD92
2023-04-01 to 2023-06-3040,727,531USD91
2023-01-01 to 2023-03-3137,971,155USD90
2022-10-01 to 2022-12-3136,200,422USD92
2022-07-01 to 2022-09-3035,923,699USD92
2022-04-01 to 2022-06-3038,970,971USD91
2022-01-01 to 2022-03-3134,427,399USD90

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-12-3119,696,805shares
At 2022-12-3118,951,525shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2023-12-3147,898,659USD
At 2022-12-3151,520,723USD
At 2021-12-3116,502,930USD
At 2020-12-3144,201,305USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2023-12-31315,989,194USD
At 2022-12-31320,482,103USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2023-01-01 to 2023-12-313,504,764USD365
2022-01-01 to 2022-12-3134,482,203USD365
2021-01-01 to 2021-12-31-28,512,248USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-10-01 to 2023-12-31-769,647USD92
2023-01-01 to 2023-12-313,809,711USD365
2023-07-01 to 2023-09-30-2,065,826USD92
2023-04-01 to 2023-06-305,257,670USD91
2023-01-01 to 2023-03-311,387,514USD90
2022-10-01 to 2022-12-315,192,870USD92
2022-01-01 to 2022-12-3133,959,848USD365
2022-07-01 to 2022-09-301,972,563USD92
2022-04-01 to 2022-06-3027,605,359USD91
2022-01-01 to 2022-03-31-810,944USD90
2021-01-01 to 2021-12-31-28,539,640USD365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-10-01 to 2023-12-31-2,682,969USD92
2023-01-01 to 2023-12-31-4,035,829USD365
2023-07-01 to 2023-09-30-3,903,581USD92
2023-04-01 to 2023-06-303,132,559USD91
2023-01-01 to 2023-03-31-581,838USD90
2022-10-01 to 2022-12-313,092,456USD92
2022-01-01 to 2022-12-3124,966,820USD365
2022-07-01 to 2022-09-30112,680USD92
2022-04-01 to 2022-06-3024,269,449USD91
2022-01-01 to 2022-03-31-2,507,765USD90
2021-01-01 to 2021-12-31-33,401,889USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2023-01-01 to 2023-12-317,078,222USD365
2022-01-01 to 2022-12-316,621,221USD365
2021-01-01 to 2021-12-316,997,166USD365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-304,947USD365
2022-01-01 to 2022-12-31522,355USD365
2021-01-01 to 2021-12-3127,392USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-01-01 to 2023-12-3117,084,338USD365
2022-01-01 to 2022-12-3123,277,738USD365
2021-01-01 to 2021-12-3119,897,847USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2023-01-01 to 2023-12-31164,450USD365
2022-01-01 to 2022-12-3126,000USD365
2021-01-01 to 2021-12-3120,200USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-12-3142,453USD365
2022-01-01 to 2022-12-311,439,886USD365
2021-01-01 to 2021-12-312,640,487USD365

Inspect the source

Entity
SOTHERLY HOTELS INC. / CIK 0001301236
Captured
2026-09-21T17:18:51.424Z
SEC response SHA-256
d97d01d1c2ce0aced5883e802448f13185d03c3543253597472ae49047ed83db

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001301236.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))