Skip to content

LODGING FUND REIT III, INC.: 10-Q filed 2024-08-23

What LODGING FUND REIT III, INC. reported in its quarterly report filed 2024-08-23 (fiscal Q2 2023): 34 published measures, 102 facts as tagged in accession 0001558370-24-012462.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-23
Fiscal period
fiscal Q2 2023
Accession
0001558370-24-012462 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 LODGING FUND REIT III, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-30312,032,850USD
At 2022-12-31312,385,762USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-30230,604,735USD
At 2022-12-31223,393,216USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-3020,965,712USD
At 2022-12-3126,654,451USD

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 2023-06-305,674,492USD
At 2022-12-316,193,449USD
At 2022-06-307,085,493USD
At 2021-12-317,866,401USD

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
2023-04-01 to 2023-06-30-202,745USD91
2023-01-01 to 2023-06-30-3,110,384USD181
2022-04-01 to 2022-06-30-2,327,895USD91
2022-01-01 to 2022-06-30-4,850,592USD181

Operating cash flow

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

PeriodValueUnitDays
2023-04-01 to 2023-06-302,864,326USD91
2023-01-01 to 2023-06-303,128,981USD181
2023-01-01 to 2023-03-31264,655USD90
2022-04-01 to 2022-06-3068,428USD91
2022-01-01 to 2022-06-30-3,177,026USD181
2022-01-01 to 2022-03-31-3,245,454USD90

Revenue

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

PeriodValueUnitDays
2023-04-01 to 2023-06-3020,797,881USD91
2023-01-01 to 2023-06-3037,026,111USD181
2022-04-01 to 2022-06-3012,331,424USD91
2022-01-01 to 2022-06-3021,627,227USD181

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 2023-06-30577,553USD181
2022-01-01 to 2022-06-306,957,882USD181

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 2023-06-30-3,452,844USD181
2022-01-01 to 2022-06-30-4,257,530USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-74,750,034USD
At 2022-12-31-67,239,693USD

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
2023-04-01 to 2023-06-309,738,513shares91
2023-01-01 to 2023-06-309,700,078shares181
2022-04-01 to 2022-06-308,881,540shares91
2022-01-01 to 2022-06-308,684,253shares181

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 2023-06-309,700,078shares181
2022-01-01 to 2022-06-308,684,253shares181

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
2023-04-01 to 2023-06-30-0.02USD/shares91
2023-01-01 to 2023-06-30-0.32USD/shares181
2022-04-01 to 2022-06-30-0.26USD/shares91
2022-01-01 to 2022-06-30-0.56USD/shares181

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
2023-01-01 to 2023-06-30-0.32USD/shares181
2022-01-01 to 2022-06-30-0.56USD/shares181

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
2023-04-01 to 2023-06-3028,921USD91
2023-01-01 to 2023-06-30-100,993USD181
2022-04-01 to 2022-06-30224,582USD91
2022-01-01 to 2022-06-30-427,020USD181

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 2023-06-3021,140USD181
2022-01-01 to 2022-06-3030,000USD181

Interest expense

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

PeriodValueUnitDays
2023-04-01 to 2023-06-303,914,762USD91
2023-01-01 to 2023-06-307,427,696USD181
2022-04-01 to 2022-06-302,232,972USD91
2022-01-01 to 2022-06-304,646,064USD181

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2023-06-302,276,586USD
At 2022-12-312,363,114USD

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 2023-06-309,787,923shares
At 2022-12-319,607,463shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-06-3017,179,971USD
At 2022-12-3116,926,281USD
At 2022-06-3013,859,726USD
At 2021-12-3114,336,400USD

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.

PeriodValueUnitDays
At 2023-06-3095,617,868USD
At 2022-12-3193,798,070USD

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 2023-06-3081,428,115USD
At 2023-03-3183,488,713USD
At 2022-12-3188,992,546USD
At 2022-06-3087,888,019USD
At 2022-03-3189,177,992USD
At 2021-12-3172,456,400USD

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 2023-06-30192,508,914USD
At 2022-12-31189,678,547USD

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
2023-04-01 to 2023-06-30-247,506USD91
2023-01-01 to 2023-06-30-4,303,594USD181
2022-04-01 to 2022-06-30-2,917,669USD91
2022-01-01 to 2022-06-30-7,069,706USD181

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
2023-04-01 to 2023-06-30-276,427USD91
2023-01-01 to 2023-06-30-4,202,601USD181
2023-01-01 to 2023-03-31-3,926,174USD90
2022-04-01 to 2022-06-30-3,142,251USD91
2022-01-01 to 2022-06-30-6,642,686USD181
2022-01-01 to 2022-03-31-3,500,435USD90

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
2023-04-01 to 2023-06-302,488,397USD91
2023-01-01 to 2023-06-304,858,457USD181
2022-04-01 to 2022-06-302,395,956USD91
2022-01-01 to 2022-06-304,620,423USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-01-01 to 2023-06-304,899,612USD181
2022-01-01 to 2022-06-303,319,594USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-04-01 to 2023-06-301,457,038USD91
2023-01-01 to 2023-06-301,410,917USD181
2022-04-01 to 2022-06-30-258,656USD91
2022-01-01 to 2022-06-30-458,049USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-100,993USD181
2022-01-01 to 2022-06-30-422,415USD181

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 2023-06-306,459,204USD181
2022-01-01 to 2022-06-303,096,351USD181

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 2023-06-300USD181
2022-01-01 to 2022-12-310USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2023-01-01 to 2023-06-301,019,870USD181
2022-01-01 to 2022-06-307,376,913USD181

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 2023-06-30107,276USD181
2022-01-01 to 2022-06-3019,348USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-301,475,795USD181
2022-01-01 to 2022-06-301,055,769USD181

Inspect the source

Entity
LODGING FUND REIT III, INC. / CIK 0001745032
Captured
2026-09-21T17:25:43.346Z
SEC response SHA-256
2cc5284d5e5ce1227a32886602aafbaa0f14d02c84aec2c0f61f3965d45bc849

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.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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

with urlopen("https://canlicapital.com/company-data/0001745032.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"])))