Lasalle Hotel Properties (LHO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7550 WISCONSIN AVE BETHESDA, MD 20814 |
| State of Incorp. | MD |
| 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)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 400,667 | 134,652 | 5,700 | 114,131 | 13,388 | 35,090 | |||
| Cash and cash equivalents | 400,667 | 134,652 | 5,700 | 114,131 | 13,388 | 35,090 | |||
| Receivables | 71,014 | 68,490 | |||||||
| Total current assets: | 400,667 | 134,652 | 5,700 | 114,131 | 84,402 | 103,580 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,658,466 | 5,028,127 | 5,047,262 | 4,494,074 | 618,091 | 497,595 | |||
| Total noncurrent assets: | 4,658,466 | 5,028,127 | 5,047,262 | 4,494,074 | 618,091 | 497,595 | |||
| Other undisclosed assets | (1,244,192) | (1,218,700) | (978,145) | (908,256) | 2,878,545 | 2,655,395 | |||
| TOTAL ASSETS: | 3,814,941 | 3,944,079 | 4,074,817 | 3,699,949 | 3,581,038 | 3,256,570 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,338,480 | 1,382,720 | 1,697,334 | 1,251,563 | 1,471,575 | 1,397,640 | |||
| Total liabilities: | 1,338,480 | 1,382,720 | 1,697,334 | 1,251,563 | 1,471,575 | 1,397,640 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,473,151 | 2,558,065 | 2,374,267 | 2,441,709 | 2,103,391 | 1,853,126 | |||
| Preferred stock | 104 | 132 | 72 | 72 | 95 | 91 | |||
| Common stock | 1,132 | 1,131 | 1,131 | 1,127 | 1,039 | 955 | |||
| Treasury stock, value | (1,181) | (739) | (4,798) | (138) | (14) | (886) | |||
| Additional paid in capital | 2,767,924 | 2,830,740 | 2,684,010 | 2,673,888 | 2,379,246 | 2,118,705 | |||
| Accumulated other comprehensive income (loss) | 10,880 | 2,365 | (97) | 748 | 4,603 | (7,735) | |||
| Accumulated deficit | (305,708) | (275,564) | (306,051) | (233,988) | |||||
| Other undisclosed equity, attributable to parent | (281,578) | (258,004) | |||||||
| Equity, attributable to noncontrolling interest | 3,310 | 3,294 | 3,216 | 6,677 | 6,072 | 18 | |||
| Other undisclosed equity | 5,786 | ||||||||
| Total equity: | 2,476,461 | 2,561,359 | 2,377,483 | 2,448,386 | 2,109,463 | 1,858,930 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,814,941 | 3,944,079 | 4,074,817 | 3,699,949 | 3,581,038 | 3,256,570 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,104,815 | 1,227,619 | 1,216,584 | 1,109,778 | 977,293 | 867,075 | ||
| Revenue, net | ✕ | 1,092,882 | 1,220,612 | 1,208,591 | 1,101,457 | 969,356 | 862,146 | |
| Cost of revenue | (498,266) | (840,710) | (848,412) | (668,790) | (596,241) | (533,237) | ||
| Cost of goods and services sold | (381,134) | (728,229) | (724,531) | (668,790) | (596,241) | (533,237) | ||
| Gross profit: | 606,549 | 386,909 | 368,172 | 440,988 | 381,052 | 333,838 | ||
| Operating expenses | (456,575) | (192,246) | (181,409) | (445,710) | (406,023) | (360,655) | ||
| Other operating income (expense), net (Other Expenses) | (7,369) | 9,361 | 3,017 | |||||
| Other undisclosed operating income | 191,992 | 154,172 | 152,852 | |||||
| Operating income: | 149,974 | 194,663 | 186,763 | 179,901 | 138,562 | 129,052 | ||
| Nonoperating income (Investment Income, Nonoperating) | 2,568 | 3,553 | 2,938 | 1,812 | 9,679 | 4,483 | ||
| Interest and debt expense | (41,072) | (43,775) | (55,164) | (59,115) | (57,516) | (52,896) | ||
| Income from continuing operations before income taxes: | 111,470 | 154,441 | 134,537 | 122,598 | 90,725 | 80,639 | ||
| Income tax expense (benefit) | (1,699) | (5,784) | 1,292 | (2,306) | (470) | (9,062) | ||
| Income from continuing operations: | 109,771 | 148,657 | 135,829 | 120,292 | 90,255 | 71,577 | ||
| Income before gain (loss) on sale of properties: | 109,771 | 148,657 | 135,829 | 120,292 | 90,255 | 71,577 | ||
| Gain on sale of properties, net of applicable income taxes | 85,545 | 104,478 | 93,205 | |||||
| Net income: | 195,316 | 253,135 | 135,829 | 213,497 | 90,255 | 71,577 | ||
| Net loss attributable to noncontrolling interest | (282) | (354) | (277) | (652) | (320) | (281) | ||
| Net income attributable to parent: | 195,034 | 252,781 | 135,552 | 212,845 | 89,935 | 71,296 | ||
| Preferred stock dividends and other adjustments | (18,024) | (18,206) | (12,169) | (14,333) | (17,385) | (21,733) | ||
| Other undisclosed net loss available to common stockholders, basic | (2,401) | (951) | (1,566) | (4,417) | ||||
| Net income available to common stockholders, diluted: | 174,609 | 234,575 | 123,383 | 197,561 | 70,984 | 45,146 | ||
Comprehensive Income ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 195,316 | 253,135 | 135,829 | 213,497 | 90,255 | 71,577 | ||
| Other undisclosed comprehensive income (loss) | 8,525 | 2,465 | (847) | (3,866) | 12,375 | (7,759) | ||
| Comprehensive income: | 203,841 | 255,600 | 134,982 | 209,631 | 102,630 | 63,818 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (292) | (357) | (275) | (641) | 357 | 257 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (714) | (514) | ||||||
| Comprehensive income, net of tax, attributable to parent: | 203,549 | 255,243 | 134,707 | 208,990 | 102,273 | 63,561 | ||
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.