Summit Hotel Properties, Inc.
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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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.
Mar 31, 2025 · Filed Apr 30, 2025
INN$7.44+3.2%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited
Condensed Consolidated Statements of Comprehensive (Loss) Income
(In thousands)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net income | $623 | $2,833 |
| Other comprehensive (loss) income, net of tax: | ||
| Changes in fair value of derivative financial instruments | (3,667) | 5,696 |
| Comprehensive (loss) income | (3,044) | 8,529 |
| Comprehensive loss (income) attributable to non-controlling interests | 8 | (2,016) |
| Comprehensive (loss) income attributable to Summit Hotel Properties, Inc. | (3,036) | 6,513 |
| Distributions to and accretion on redeemable non-controlling interests | (657) | (657) |
| Preferred dividends and distributions | (3,970) | (3,970) |
| Comprehensive (loss) income attributable to common stockholders | $(7,663) | $1,886 |
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