Summit Hotel Properties Inc
For the period ended Jun 30, 2024. Filed Jul 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 30, 2024
INN$7.44+3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited
Condensed Consolidated Statements of Comprehensive Income (Loss)
(In thousands)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income (loss) | $38,698 | $890 | $41,531 | $(1,080) |
| Other comprehensive income, net of tax: | ||||
| Changes in fair value of derivative financial instruments | (563) | 10,973 | 5,133 | 6,585 |
| Comprehensive income | 38,135 | 11,863 | 46,664 | 5,505 |
| Comprehensive (income) loss attributable to non-controlling interests | (3,198) | (254) | (5,214) | 1,235 |
| Comprehensive income attributable to Summit Hotel Properties, Inc. | 34,937 | 11,609 | 41,450 | 6,740 |
| Distributions to and accretion on redeemable non-controlling interests | (657) | (657) | (1,314) | (1,314) |
| Preferred dividends and distributions | (3,968) | (3,968) | (7,938) | (7,938) |
| Comprehensive income (loss) attributable to common stockholders | $30,312 | $6,984 | $32,198 | $(2,512) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.