BRE SELECT HOTELS CORP Financial Statements (2025 and earlier)

Company Profile

Business Address 345 PARK AVENUE
NEW YORK, NY 10154
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 20,46022,49125,17029,13722,776 
Cash and cash equivalent 20,46022,49125,17029,13722,776 
Total current assets: 20,46022,49125,17029,13722,776 
Noncurrent Assets
Intangible assets, net (including goodwill) 98,682108,466116,470126,377126,377126,377
Goodwill 98,682108,466116,470126,377126,377126,377
Estimated insurance recoveries    8,600 
Total noncurrent assets: 98,682108,466116,470134,977126,377126,377
Other undisclosed assets 732,078843,555925,4441,002,9511,033,211 
TOTAL ASSETS: 851,220974,5121,067,0841,167,0651,182,364126,377
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities 738,272817,924807,103863,033868,002 
Total liabilities: 738,272817,924807,103863,033868,002 
Temporary equity, including noncontrolling interest 82,88083,040137,160137,160  
Equity
Equity, attributable to parent 30,06873,548122,821166,872177,202 
Additional paid in capital 30,06873,548122,821166,872177,202 
Other undisclosed equity     137,160 
Total equity: 30,06873,548122,821166,872314,362 
TOTAL LIABILITIES AND EQUITY: 851,220974,5121,067,0841,167,0651,182,364 

Income Statement (P&L) ($ in thousands)

6/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 241,323259,878286,479   
Revenue, net259,878286,479   
Cost of revenue (10,389)(1,845)(8,995)   
Cost of product and service sold (10,389) (8,995)   
Financial services costs(1,845)    
Gross profit: 230,934258,033277,484   
Operating expenses (195,166)(202,078)(215,818) (1,100) 
Other undisclosed operating loss  (13,419)(11,041)   
Operating income (loss): 35,76842,53650,625 (1,100) 
Interest and debt expense (37,003)(31,722)(32,144)(5,100)4,300 
Income (loss) from continuing operations before equity method investments, income taxes: (1,235)10,81418,481(5,100)3,200 
Other undisclosed loss from continuing operations before income taxes (12,796)(152)(89)   
Income (loss) from continuing operations before income taxes: (14,031)10,66218,392(5,100)3,200 
Income tax expense (benefit) (4,055)(4,628)1,198(2,409)(2,742)(826)
Income (loss) from continuing operations: (18,086)6,03419,590(7,509)458(826)
Income (loss) before gain (loss) on sale of properties: (18,086)6,03419,590(7,509)308(826)
Loss from discontinued operations     (150) 
Net income (loss) attributable to parent: (18,086)6,03419,590(7,509)308(826)
Preferred stock dividends and other adjustments (8,054)(7,973)    
Other undisclosed net loss available to common stockholders, basic   (9,641)   
Net income (loss) available to common stockholders, diluted: (26,140)(1,939)9,949(7,509)308(826)

Comprehensive Income ($ in thousands)

6/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss): (18,086)6,03419,590(7,509)308(826)
Comprehensive income (loss), net of tax, attributable to parent: (18,086)6,03419,590(7,509)308(826)

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.

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