BREF HR, LLC Financial Statements (2025 and earlier)
Company Profile
| Business Address |
THREE WORLD FINANCIAL CENTER NEW YORK, NY 10281 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 13,303 | 14,094 | 13,658 | |||
| Cash and cash equivalents | 13,303 | 14,094 | 13,658 | |||
| Restricted cash and investments | ||||||
| Receivables | 10,956 | 8,351 | 8,309 | |||
| Inventory, net of allowances, customer advances and progress billings | ✕ | ✕ | ||||
| Inventory | ||||||
| Other undisclosed current assets | 11,597 | 11,453 | 12,734 | |||
| Total current assets: | 35,856 | 33,898 | 34,701 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 456,929 | 479,008 | 499,164 | |||
| Long-term investments and receivables | 1,223 | 1,425 | 1,474 | |||
| Long-term investments | 1,223 | 1,425 | 1,474 | |||
| Intangible assets, net (including goodwill) | 66,449 | 70,542 | 76,195 | |||
| Intangible assets, net (excluding goodwill) | 66,449 | 70,542 | 76,195 | |||
| Restricted cash and investments | 22,746 | 19,354 | 17,781 | |||
| Other undisclosed noncurrent assets | (1,474) | |||||
| Total noncurrent assets: | 547,347 | 570,329 | 593,140 | |||
| TOTAL ASSETS: | 583,203 | 604,227 | 627,841 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 24,691 | 31,018 | 33,917 | |||
| Interest and dividends payable | ||||||
| Taxes payable | 1,431 | 1,479 | 1,187 | |||
| Employee-related liabilities | 1,873 | 1,163 | 3,001 | |||
| Accounts payable | 5,220 | 7,560 | 6,053 | |||
| Accrued liabilities | 16,167 | 20,816 | 23,676 | |||
| Debt | 743,539 | 687,241 | 599 | |||
| Deferred revenue and credits | 184 | 2,013 | 4,082 | |||
| Due to related parties | ||||||
| Other undisclosed current liabilities | 82,999 | 57,186 | (8,161) | |||
| Total current liabilities: | 851,413 | 777,458 | 30,437 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 18,638 | 16,596 | 647,885 | |||
| Long-term debt, excluding current maturities | 18,638 | 16,596 | 647,885 | |||
| Liabilities, other than long-term debt | 18,638 | 16,773 | 15,589 | |||
| Accounts payable and accrued liabilities | 177 | 568 | ||||
| Due to related parties | 18,638 | 16,596 | 15,021 | |||
| Other undisclosed noncurrent liabilities | (2,102) | (6,049) | 28,942 | |||
| Total noncurrent liabilities: | 35,174 | 27,320 | 692,416 | |||
| Total liabilities: | 886,587 | 804,778 | 722,853 | |||
| Equity | ||||||
| Equity, attributable to parent | (390,057) | (287,224) | (181,685) | |||
| Accumulated deficit | (390,057) | (287,224) | (181,685) | |||
| Other undisclosed equity | 86,673 | 86,673 | 86,673 | |||
| Total equity: | (303,384) | (200,551) | (95,012) | |||
| TOTAL LIABILITIES AND EQUITY: | 583,203 | 604,227 | 627,841 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 218,512 | 214,315 | 218,534 | ||
| Revenue, net | 200,404 | 194,613 | 198,541 | ||
| Cost of revenue | (116,039) | (117,141) | (146,521) | ||
| Cost of goods and services sold | (101,585) | (100,455) | (102,345) | ||
| Gross profit: | 102,473 | 97,174 | 72,013 | ||
| Operating expenses | (80,708) | (84,669) | (77,476) | ||
| Other operating income, net (Other Expenses) | 18,057 | 21,350 | 20,495 | ||
| Other undisclosed operating loss | (36,165) | (41,052) | (40,488) | ||
| Operating income (loss): | 3,657 | (7,197) | (25,456) | ||
| Interest and debt expense | (106,460) | (98,316) | (89,554) | ||
| Loss from continuing operations before equity method investments, income taxes: | (102,803) | (105,513) | (115,010) | ||
| Loss from equity method investments | (42) | (49) | (630) | ||
| Other undisclosed income from continuing operations before income taxes | 12 | 23 | 36 | ||
| Loss from continuing operations: | (102,833) | (105,539) | (115,604) | ||
| Loss before gain (loss) on sale of properties: | (102,833) | (105,539) | (115,604) | ||
| Net loss: | (102,833) | (105,539) | (115,604) | ||
| Other undisclosed net income attributable to parent | |||||
| Net loss available to common stockholders, diluted: | (102,833) | (105,539) | (115,604) | ||
Comprehensive Income ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (102,833) | (105,539) | (115,604) | ||
| Comprehensive loss: | (102,833) | (105,539) | (115,604) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 203 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (102,833) | (105,539) | (115,401) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.