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SEC Filings

10-K
RLJ LODGING TRUST filed this Form 10-K on 03/01/2019
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RLJ Lodging Trust
Consolidated Statements of Changes in Equity
(Amounts in thousands, except share data)

 
Shareholders’ Equity
 
Noncontrolling Interest
 
 
 
 
 
Preferred Stock
 
Common Stock
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares
 
Amount
 
Shares
 
Par 
Value
 
Additional
Paid-in Capital
 
Retained Earnings (Distributions in excess of net earnings)
 
Accumulated Other Comprehensive
Income (Loss)
 
Operating
Partnership
 
Consolidated
Joint
Ventures
 
Preferred Equity in a Consolidated Joint Venture
 
Total
Equity
Balance at December 31, 2016

 
$

 
124,364,178

 
$
1,244

 
$
2,187,333

 
$
38,249

 
$
(4,902
)
 
$
7,380

 
$
5,973

 
$

 
$
2,235,277

Net income

 

 

 

 

 
74,835

 

 
291

 
117

 
496

 
75,739

Unrealized gain on interest rate derivatives

 

 

 

 

 

 
13,748

 

 

 

 
13,748

Issuance of common shares

 

 
50,358,104

 
504

 
1,015,723

 

 

 

 

 

 
1,016,227

Issuance of Operating Partnership units

 

 

 

 

 

 

 
4,342

 

 

 
4,342

Issuance of Series A Cumulative Convertible Preferred Shares
12,879,475

 
366,936

 

 

 

 

 

 

 

 

 
366,936

Noncontrolling interest recorded in connection with the Mergers

 

 

 

 

 

 

 

 
5,493

 

 
5,493

Preferred equity in a consolidated joint venture

 

 

 

 

 

 

 

 

 
44,430

 
44,430

Issuance of restricted stock

 

 
425,076

 
4

 
(4
)
 

 

 

 

 

 

Amortization of share-based compensation

 

 

 

 
10,607

 

 

 

 

 

 
10,607

Shares acquired to satisfy minimum required federal and state tax withholding on vesting restricted stock

 

 
(144,766
)
 
(2
)
 
(3,048
)
 

 

 

 

 

 
(3,050
)
Shares acquired as part of a share repurchase program

 

 
(122,508
)
 
(1
)
 
(2,609
)
 

 

 

 

 

 
(2,610
)
Forfeiture of restricted stock

 

 
(11,038
)
 

 

 

 

 

 

 

 

Contributions from joint venture partners

 

 

 

 

 

 

 

 
117

 

 
117

Distributions on preferred shares

 

 

 

 

 
(8,372
)
 

 

 

 

 
(8,372
)
Distributions on common shares and units

 

 

 

 

 
(187,278
)
 

 
(832
)
 

 

 
(188,110
)
Preferred distributions - consolidated joint venture

 

 

 

 

 

 

 

 

 
(496
)
 
(496
)
Balance at December 31, 2017
12,879,475

 
$
366,936

 
174,869,046

 
$
1,749

 
$
3,208,002

 
$
(82,566
)
 
$
8,846

 
$
11,181

 
$
11,700

 
$
44,430

 
$
3,570,278


The accompanying notes are an integral part of these consolidated financial statements.

F-7

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