Summit Hotel Properties, Inc.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
INN$7.21+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at F-
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Investments in lodging property, net | $2,640,367 | $2,746,765 |
| Investment in lodging property under development | — | 7,617 |
| Assets held for sale, net | 11,967 | 1,225 |
| Cash and cash equivalents | 36,110 | 40,637 |
| Restricted cash | 5,102 | 7,721 |
| Right-of-use assets, net | 32,028 | 33,309 |
| Trade receivables, net | 17,347 | 18,625 |
| Prepaid expenses and other | 7,104 | 9,580 |
| Deferred charges, net | 10,051 | 6,460 |
| Other assets | 15,954 | 24,291 |
| Total assets | $2,776,030 | $2,896,230 |
| LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY | ||
| Liabilities: | ||
| Debt, net of debt issuance costs | $1,394,014 | $1,396,710 |
| Lease liabilities, net | 24,091 | 24,871 |
| Accounts payable | 7,537 | 7,450 |
| Accrued expenses and other | 76,417 | 82,153 |
| Total liabilities | 1,502,059 | 1,511,184 |
| Commitments and contingencies (Note 12) | ||
| Redeemable non-controlling interests | 50,219 | 50,219 |
| Equity: | ||
| Preferred stock, $0.01 par value per share, 100,000,000 shares authorized: | ||
| 6.25% Series E - 6,400,000 shares issued and outstanding at December 31, 2025 and 2024 (aggregate liquidation preference of $160,861 at December 31, 2025 and 2024) | 64 | 64 |
| 5.875% Series F - 4,000,000 shares issued and outstanding at December 31, 2025 and 2024 (aggregate liquidation preference of $100,506 at December 31, 2025 and 2024) | 40 | 40 |
| Common stock, $0.01 par value per share, 500,000,000 shares authorized, 108,798,686 and 108,435,663 shares issued and outstanding at December 31, 2025 and 2024 respectively | 1,088 | 1,084 |
| Additional paid-in capital | 1,264,470 | 1,246,225 |
| Accumulated other comprehensive income | 2,115 | 9,173 |
| Accumulated deficit and distributions in excess of retained earnings | (405,622) | (347,041) |
| Total stockholders’ equity | 862,155 | 909,545 |
| Non-controlling interests | 361,597 | 425,282 |
| Total equity | 1,223,752 | 1,334,827 |
| Total liabilities, redeemable non-controlling interests and equity | $2,776,030 | $2,896,230 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.