Hersha Hospitality Trust (HT) financial statements (2021 and earlier)

Company profile

Business Address 44 HERSHA DRIVE
HARRISBURG, PA 17102
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
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 investments273318186282236
Cash and cash equivalents273318186282236
Total current assets:273318186282236
Noncurrent Assets
Long-term investments and receivables1016411101112
Long-term investments1016411101112
Intangible assets, net (including goodwill)21416171378
Intangible assets, net (excluding goodwill)21416171378
Assets held-for-sale, long lived57
Total noncurrent assets:12292028241876
Other undisclosed assets2,0842,0772,1001,9421,9181,8151,636
TOTAL ASSETS:2,1222,1392,1382,1561,9701,8561,748
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt  1,0931,103   
Total current liabilities:  1,0931,103   
Noncurrent Liabilities
Liabilities, other than long-term debt  8181   
Deferred revenue and credits8181   
Total noncurrent liabilities:  8181   
Other undisclosed liabilities1,2471,18176911,262998881
Total liabilities:1,2471,1811,2501,2761,262998881
Temporary equity, carrying amount33     
Stockholders' equity
Stockholders' equity attributable to parent, including:808893834835678829838
Preferred stock0000000
Additional paid in capital1,1451,1561,1651,1981,0861,1931,201
Accumulated other comprehensive income (loss)1441(0)(0)(0)
Other undisclosed stockholders' equity attributable to parent(338)(267)(335)(364)(408)(363)(363)
Stockholders' equity attributable to noncontrolling interest64625444302829
Total stockholders' equity:872955888880708857867
TOTAL LIABILITIES AND EQUITY:2,1222,1392,1382,1561,9701,8561,748

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues530495498467470417338
Revenue, net497466470417338
Cost of revenue(361)(342)(425)(415)(292)(253)(215)
Cost of goods and services sold (23)(319)(287)(282)(253)(215)
Gross profit:1691537352178164124
Operating expenses(123)(100)(23)13(96)(349)(282)
Other undisclosed operating income     253215
Operating income:46535066826857
Nonoperating expense
(Other Nonoperating expense)
(1)(1)(1)(1)(0)(0)(1)
Interest and debt expense(52)(49)(43)(46)(44)(44)(41)
Other undisclosed income from continuing operations before equity method investments, income taxes0491990432
Income (loss) from continuing operations before equity method investments, income taxes:(6)896118386717
Income (loss) from equity method investments11(2) 11(0)
Other undisclosed income (loss) from continuing operations before income taxes  16(2)  (2)
Income (loss) from continuing operations before income taxes:(6)9110117396715
Income tax expense (benefit)(0)(0)(5)5336
Income (loss) from continuing operations:(6)8105121427021
Income (loss) from discontinued operations     (2)29
Net income (loss):(6)8105121426850
Net loss attributable to noncontrolling interest  (5)(4)(0)(1)(0)
Net income (loss) attributable to parent:(6)8100117426750
Preferred stock dividends and other adjustments(24)(24)(24)(21)(14)(14)(17)
Other undisclosed net income available to common stockholders, basic22     
Net income (loss) available to common stockholders, basic:(28)(14)7696275333
Other undisclosed net loss available to common stockholders, diluted   (1)(0)(1)(1)
Net income (loss) available to common stockholders, diluted:(28)(14)7695275232

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(6)8105121426850
Other comprehensive income (loss)(3)132(0)  
Other undisclosed comprehensive income     01
Comprehensive income (loss):(9)9107123426851
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  (5)(5)(0)10
Other undisclosed comprehensive loss, net of tax, attributable to parent(22)(23)(24)(21)(14)(16)(18)
Comprehensive income (loss), net of tax, attributable to parent:(31)(14)7897275334

Statements sources

The financial statements are based on the company's filings with the 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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