Summit Hotel Properties, Inc.: 10-Q filed 2012-11-07
What Summit Hotel Properties, Inc. reported in its quarterly report filed 2012-11-07 (fiscal Q3 2012): 32 published measures, 80 facts as tagged in accession 0001157523-12-005863.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2012-11-07
- Fiscal period
- fiscal Q3 2012
- Accession
- 0001157523-12-005863 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 Summit Hotel Properties, Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 633,104,392 | USD | |
| At 2011-12-31 | 554,004,994 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 331,750,010 | USD | |
| At 2011-12-31 | 234,556,299 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 260,259,037 | USD | |
| At 2011-12-31 | 278,174,960 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 10,287,841 | USD | |
| At 2011-12-31 | 10,537,132 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 1,562,378 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -253,953 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 30,238 | USD | 92 |
| 2011-02-14 to 2011-09-30 | -707,252 | USD | 229 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 24,621,107 | USD | 274 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 51,233,907 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 138,424,861 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 40,436,576 | USD | 92 |
| 2011-02-14 to 2011-09-30 | 95,571,055 | USD | 229 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 43,187,383 | USD | 274 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -68,057,781 | USD | 274 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | -24,813,858 | USD | |
| At 2011-12-31 | -11,020,151 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 31,308,480 | shares | 92 |
| 2012-01-01 to 2012-09-30 | 29,713,213 | shares | 274 |
| 2011-07-01 to 2011-09-30 | 27,278,000 | shares | 92 |
| 2011-02-14 to 2011-09-30 | 27,278,000 | shares | 229 |
| 2011-01-01 to 2011-09-30 | 27,278,000 | shares | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 31,501,219 | shares | 92 |
| 2012-01-01 to 2012-09-30 | 29,713,213 | shares | 274 |
| 2011-07-01 to 2011-09-30 | 27,278,000 | shares | 92 |
| 2011-02-14 to 2011-09-30 | 27,278,000 | shares | 229 |
| 2011-01-01 to 2011-09-30 | 27,278,000 | shares | 273 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 313,199 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -98,657 | USD | 274 |
| 2011-07-01 to 2011-09-30 | -1,688 | USD | 92 |
| 2011-02-14 to 2011-09-30 | 495,967 | USD | 229 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 572,525,464 | USD | |
| At 2011-12-31 | 498,876,238 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 783,253 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 5,923,256 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 11,862,610 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 2,970,517 | USD | 92 |
| 2011-02-14 to 2011-09-30 | 8,613,881 | USD | 229 |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 4,048,676 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 11,747,874 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 3,337,485 | USD | 92 |
| 2011-02-14 to 2011-09-30 | 9,753,543 | USD | 229 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 31,501,219 | shares | |
| At 2011-12-31 | 27,278,000 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 285,168,804 | USD | |
| At 2011-12-31 | 288,902,331 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | -430,921 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 301,354,382 | USD | |
| At 2011-12-31 | 319,448,695 | USD |
Net deferred tax assets
Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 2,708,849 | USD | |
| At 2011-12-31 | 2,195,820 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 1,640,826 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -1,520,775 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 41,422 | USD | 92 |
| 2011-02-14 to 2011-09-30 | -968,838 | USD | 229 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 1,360,437 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -684,874 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 41,422 | USD | 92 |
| 2011-02-14 to 2011-09-30 | -968,838 | USD | 229 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 406,128 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -3,722,703 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 30,238 | USD | 92 |
| 2011-02-14 to 2011-09-30 | -707,252 | USD | 229 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 25,161,462 | USD | 274 |
Amortization of intangible assets
Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 150,099 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 571,848 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 140,954 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 716,990 | USD | 273 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -4,021,097 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -11,431,629 | USD | 274 |
| 2011-07-01 to 2011-09-30 | -3,336,932 | USD | 92 |
| 2011-02-14 to 2011-09-30 | -9,774,794 | USD | 229 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -513,029 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 392,945 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 2,903,582 | USD | 274 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -416,944 | USD | 274 |
Inspect the source
- Entity
- Summit Hotel Properties, Inc. / CIK 0001497645
- Captured
- 2026-09-19T11:18:25.198Z
- SEC response SHA-256
6eb1f2aa6780b246bda1d4092de076336c06f10e45656a82ced046e9df4a5485
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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