0001564590-19-041763.txt : 20191107 0001564590-19-041763.hdr.sgml : 20191107 20191107161832 ACCESSION NUMBER: 0001564590-19-041763 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 83 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191107 DATE AS OF CHANGE: 20191107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Park Hotels & Resorts Inc. CENTRAL INDEX KEY: 0001617406 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 362058176 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-37795 FILM NUMBER: 191200594 BUSINESS ADDRESS: STREET 1: 1775 TYSONS BLVD STREET 2: 7TH FLOOR CITY: TYSONS STATE: VA ZIP: 22102 BUSINESS PHONE: (571) 302-5757 MAIL ADDRESS: STREET 1: 1775 TYSONS BLVD STREET 2: 7TH FLOOR CITY: TYSONS STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: Hilton Worldwide, Inc. DATE OF NAME CHANGE: 20140820 10-Q 1 pk-10q_20190930.htm 10-Q pk-10q_20190930.htm
false 2019 Q3 0001617406 --12-31 Large Accelerated Filer 0.20 0.50 0% 1 1 2021-12-31 2024-08-31 P3Y 1 1 0% 0.0428 0.0145 0.0140 0.0150 2020 2026 2021-12 2021 2022 0.195 0.215 0.018 0.024 0001617406 2019-01-01 2019-09-30 xbrli:shares 0001617406 2019-11-01 iso4217:USD 0001617406 2019-09-30 0001617406 2018-12-31 iso4217:USD xbrli:shares 0001617406 us-gaap:OccupancyMember 2019-07-01 2019-09-30 0001617406 us-gaap:OccupancyMember 2018-07-01 2018-09-30 0001617406 us-gaap:OccupancyMember 2019-01-01 2019-09-30 0001617406 us-gaap:OccupancyMember 2018-01-01 2018-09-30 0001617406 us-gaap:FoodAndBeverageMember 2019-07-01 2019-09-30 0001617406 us-gaap:FoodAndBeverageMember 2018-07-01 2018-09-30 0001617406 us-gaap:FoodAndBeverageMember 2019-01-01 2019-09-30 0001617406 us-gaap:FoodAndBeverageMember 2018-01-01 2018-09-30 0001617406 pk:AncillaryHotelMember 2019-07-01 2019-09-30 0001617406 pk:AncillaryHotelMember 2018-07-01 2018-09-30 0001617406 pk:AncillaryHotelMember 2019-01-01 2019-09-30 0001617406 pk:AncillaryHotelMember 2018-01-01 2018-09-30 0001617406 us-gaap:HotelOtherMember 2019-07-01 2019-09-30 0001617406 us-gaap:HotelOtherMember 2018-07-01 2018-09-30 0001617406 us-gaap:HotelOtherMember 2019-01-01 2019-09-30 0001617406 us-gaap:HotelOtherMember 2018-01-01 2018-09-30 0001617406 2019-07-01 2019-09-30 0001617406 2018-07-01 2018-09-30 0001617406 2018-01-01 2018-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2019-07-01 2019-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2018-07-01 2018-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2019-01-01 2019-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2018-01-01 2018-09-30 0001617406 2017-12-31 0001617406 2018-09-30 0001617406 us-gaap:CommonStockMember 2018-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001617406 us-gaap:RetainedEarningsMember 2018-12-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001617406 us-gaap:NoncontrollingInterestMember 2018-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0001617406 2019-01-01 2019-03-31 0001617406 us-gaap:RetainedEarningsMember 2019-01-01 2019-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2019-01-01 2019-03-31 0001617406 us-gaap:CommonStockMember 2019-03-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0001617406 us-gaap:RetainedEarningsMember 2019-03-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2019-03-31 0001617406 2019-03-31 0001617406 us-gaap:CommonStockMember 2019-04-01 2019-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-04-01 2019-06-30 0001617406 2019-04-01 2019-06-30 0001617406 us-gaap:RetainedEarningsMember 2019-04-01 2019-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-04-01 2019-06-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-04-01 2019-06-30 0001617406 us-gaap:CommonStockMember 2019-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001617406 us-gaap:RetainedEarningsMember 2019-06-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-06-30 0001617406 2019-06-30 0001617406 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0001617406 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-07-01 2019-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0001617406 us-gaap:CommonStockMember 2019-09-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0001617406 us-gaap:RetainedEarningsMember 2019-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-09-30 0001617406 us-gaap:CommonStockMember 2017-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001617406 us-gaap:RetainedEarningsMember 2017-12-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001617406 us-gaap:NoncontrollingInterestMember 2017-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-03-31 0001617406 2018-01-01 2018-03-31 0001617406 us-gaap:RetainedEarningsMember 2018-01-01 2018-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2018-01-01 2018-03-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-03-31 0001617406 us-gaap:CommonStockMember 2018-01-01 2018-03-31 0001617406 us-gaap:CommonStockMember 2018-03-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-03-31 0001617406 us-gaap:RetainedEarningsMember 2018-03-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2018-03-31 0001617406 2018-03-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-04-01 2018-06-30 0001617406 2018-04-01 2018-06-30 0001617406 us-gaap:RetainedEarningsMember 2018-04-01 2018-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-04-01 2018-06-30 0001617406 us-gaap:CommonStockMember 2018-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0001617406 us-gaap:RetainedEarningsMember 2018-06-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-06-30 0001617406 2018-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0001617406 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-07-01 2018-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0001617406 us-gaap:CommonStockMember 2018-09-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0001617406 us-gaap:RetainedEarningsMember 2018-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2019-05-05 xbrli:pure 0001617406 pk:ParkIntermediateHoldingsLimitedLiabilityCompanyMember 2017-01-03 0001617406 srt:MaximumMember 2019-01-01 2019-01-01 0001617406 us-gaap:AccountingStandardsUpdate201602Member pk:NewAccountingPronouncementEffectMember 2019-01-01 0001617406 us-gaap:AccountingStandardsUpdate201602Member pk:NewAccountingPronouncementEffectMember 2019-01-01 2019-01-01 0001617406 pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HiltonDenverCityCenterMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:WChicagoLakeshoreMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HyattRegencyBostonMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HyattRegencyMissionBaySpaAndMarinaMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:BostonMarriottNewtonMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:LeMeridienNewOrleansMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:WChicagoCityCenterMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:RoyalPalmSouthBeachMiamiATributePortfolioResortMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:LeMeridienSanFranciscoMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:JWMarriottSanFranciscoUnionSquareMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HyattCentricFishermansWharfMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HotelIndigoSanDiegoGaslampQuarterMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:CourtyardWashingtonCapitolHillNavyYardMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HomewoodSuitesByHiltonSeattleConventionCenterPikeStreetMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HiltonCheckersLosAngelesMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:AceHotelDowntownLosAngelesMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HotelAdagioAutographCollectionMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:WNewOrleansFrenchQuarterMember 2019-01-01 2019-09-30 pk:Room 0001617406 pk:ChesapeakeLodgingTrustMember pk:HiltonDenverCityCenterMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:WChicagoLakeshoreMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HyattRegencyBostonMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HyattRegencyMissionBaySpaAndMarinaMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:BostonMarriottNewtonMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:LeMeridienNewOrleansMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:WChicagoCityCenterMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:RoyalPalmSouthBeachMiamiATributePortfolioResortMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:LeMeridienSanFranciscoMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:JWMarriottSanFranciscoUnionSquareMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HyattCentricFishermansWharfMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HotelIndigoSanDiegoGaslampQuarterMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:CourtyardWashingtonCapitolHillNavyYardMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HomewoodSuitesByHiltonSeattleConventionCenterPikeStreetMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HiltonCheckersLosAngelesMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:AceHotelDowntownLosAngelesMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:HotelAdagioAutographCollectionMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember pk:WNewOrleansFrenchQuarterMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember us-gaap:CommonStockMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2019-07-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2018-07-01 2018-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2018-01-01 2018-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2018-01-02 2019-09-30 pk:Hotel 0001617406 pk:PointeHiltonSquawPeakResortMember 2019-01-01 2019-09-30 0001617406 pk:HiltonNurembergMember 2019-01-01 2019-09-30 0001617406 pk:HiltonAtlantaAirportMember 2019-01-01 2019-09-30 0001617406 pk:HiltonNewOrleansAirportMember 2019-01-01 2019-09-30 0001617406 pk:EmbassySuitesParsippanyMember 2019-01-01 2019-09-30 0001617406 pk:HiltonBerlinMember 2018-05-01 2018-05-31 0001617406 us-gaap:HurricaneMember 2019-01-01 2019-09-30 0001617406 us-gaap:HurricaneMember pk:AncillaryHotelMember 2019-01-01 2019-09-30 0001617406 us-gaap:HurricaneMember us-gaap:OtherAssetsMember 2019-09-30 0001617406 us-gaap:HurricaneMember us-gaap:OtherAssetsMember 2018-12-31 0001617406 us-gaap:HurricaneMember 2018-01-01 2018-09-30 0001617406 us-gaap:HurricaneMember pk:AncillaryHotelMember 2018-01-01 2018-09-30 pk:Entity 0001617406 us-gaap:VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember 2019-09-30 0001617406 us-gaap:VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember 2018-12-31 0001617406 pk:HiltonSanDiegoBayfrontMember 2019-09-30 0001617406 pk:HiltonSanDiegoBayfrontMember 2018-12-31 0001617406 pk:AllOthersSevenHotelsMember 2019-09-30 0001617406 pk:AllOthersSevenHotelsMember 2018-12-31 0001617406 srt:MinimumMember pk:AllOthersSevenHotelsMember 2019-09-30 0001617406 srt:MaximumMember pk:AllOthersSevenHotelsMember 2019-09-30 0001617406 pk:ConradDublinMember 2019-07-31 0001617406 pk:ConradDublinMember 2019-07-01 2019-07-31 0001617406 pk:ConradDublinMember 2019-01-01 2019-09-30 0001617406 pk:ConradDublinMember 2019-09-30 0001617406 pk:ConradDublinMember 2018-12-31 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 us-gaap:MortgagesMember 2019-09-30 0001617406 us-gaap:MortgagesMember 2018-12-31 0001617406 pk:TwoThousandSixteenTermLoanMember 2019-09-30 0001617406 pk:TwoThousandSixteenTermLoanMember 2018-12-31 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-09-30 0001617406 us-gaap:CapitalLeaseObligationsMember 2019-09-30 0001617406 us-gaap:CapitalLeaseObligationsMember 2018-12-31 0001617406 pk:TwoThousandSixteenTermLoanMember 2019-01-01 2019-09-30 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-01-01 2019-09-30 0001617406 us-gaap:RevolvingCreditFacilityMember 2019-01-01 2019-09-30 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2019-01-01 2019-09-30 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2019-01-01 2019-09-30 0001617406 us-gaap:MortgagesMember 2019-01-01 2019-09-30 0001617406 us-gaap:CapitalLeaseObligationsMember 2019-01-01 2019-09-30 0001617406 us-gaap:MortgagesMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:TwoThousandSixteenTermLoanMember 2019-01-01 2019-09-30 0001617406 us-gaap:RevolvingCreditFacilityMember 2019-09-30 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-08-31 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-09-18 2019-09-18 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-09-18 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-08-01 2019-08-31 0001617406 pk:TwoThousandNineteenTermFacilityMember srt:MaximumMember 2019-08-31 0001617406 pk:CommercialMortgagedBackedSecuritiesLoansAndMortgageLoansMember 2019-09-30 0001617406 pk:CommercialMortgagedBackedSecuritiesLoansAndMortgageLoansMember 2018-12-31 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2019-09-30 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2018-12-31 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2019-09-30 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2018-12-31 0001617406 pk:TwoThousandSixteenTermLoanMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2019-09-30 0001617406 pk:TwoThousandSixteenTermLoanMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2018-12-31 0001617406 pk:TwoThousandNineteenTermFacilityMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2019-09-30 0001617406 us-gaap:MortgagesMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2019-09-30 0001617406 us-gaap:MortgagesMember us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2018-12-31 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0001617406 pk:TwoThousandSixteenTermLoanMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0001617406 pk:TwoThousandSixteenTermLoanMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0001617406 pk:TwoThousandNineteenTermFacilityMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0001617406 us-gaap:MortgagesMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0001617406 us-gaap:MortgagesMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0001617406 us-gaap:InterestRateSwapMember us-gaap:OtherLiabilitiesMember 2019-09-30 pk:Property 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2019-07-01 2019-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2018-07-01 2018-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2019-01-01 2019-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2018-01-01 2018-09-30 0001617406 us-gaap:EmployeeStockOptionMember srt:MaximumMember 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2019-09-30 0001617406 pk:NonEmployeeStockOptionMember srt:MaximumMember 2019-09-30 0001617406 pk:NonEmployeeStockOptionMember 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2019-01-01 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2019-07-01 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2018-07-01 2018-09-30 0001617406 us-gaap:RestrictedStockMember 2018-12-31 0001617406 us-gaap:RestrictedStockMember 2019-01-01 2019-09-30 0001617406 us-gaap:RestrictedStockMember 2019-09-30 0001617406 us-gaap:PerformanceSharesMember 2019-01-01 2019-09-30 0001617406 us-gaap:PerformanceSharesMember 2019-09-30 0001617406 us-gaap:PerformanceSharesMember srt:MinimumMember 2019-01-01 2019-09-30 0001617406 us-gaap:PerformanceSharesMember srt:MaximumMember 2019-01-01 2019-09-30 0001617406 us-gaap:PerformanceSharesMember 2018-12-31 pk:Segment 0001617406 pk:ConsolidatedHotelsSegmentMember 2019-07-01 2019-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2018-07-01 2018-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2019-01-01 2019-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2018-01-01 2018-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2019-07-01 2019-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2018-07-01 2018-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2019-01-01 2019-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2018-01-01 2018-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2019-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2018-12-31 0001617406 us-gaap:AllOtherSegmentsMember 2019-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2018-12-31 0001617406 stpr:FL us-gaap:HurricaneMember 2019-09-30 0001617406 country:PR us-gaap:HurricaneMember 2017-09-30 pk:Plaintiff 0001617406 2019-05-06 2019-05-06 0001617406 us-gaap:SubsequentEventMember pk:AceHotelDowntownLosAngelesMember 2019-11-01 0001617406 us-gaap:SubsequentEventMember pk:HiltonSaoPauloMorumbiMember 2019-11-01

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(Mark One)

☒

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2019

OR

☐

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from            to           

Commission File Number 001-37795

 

Park Hotels & Resorts Inc.

(Exact name of registrant as specified in its charter)

 

 Delaware

 

36-2058176

(State or Other jurisdiction of

incorporation or organization)

 

(I.R.S Employer

Identification Number)

 

1775 Tysons Blvd., 7th Floor, Tysons, VA

 

22102

(Address of Principal Executive Offices)

 

(Zip Code)

(571) 302-5757

(Registrant’s telephone number, including area code)

 

Securities registered or to be registered pursuant to Section 12(b) of the Act.

 

Title of each class

Trading Symbol

Name of exchange on which registered

Common Stock, $0.01 par value per share

PK

New York Stock Exchange

 

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

☒

Accelerated filer

☐

Non-accelerated filer

☐

Smaller reporting company

☐

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

 

The number of shares of common stock outstanding on November 1, 2019 was 239,387,334.

 

 

 

 

 

Table of Contents

 

PART I. FINANCIAL INFORMATION

 

Page

 

 

 

 

Item 1.

Financial Statements (unaudited)

 

2

 

Condensed Consolidated Balance Sheets as of September 30, 2019 and December 31, 2018

 

2

 

Condensed Consolidated Statements of Comprehensive Income for the Three and Nine Months Ended September 30, 2019 and 2018

 

3

 

Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2019 and 2018

 

4

 

Condensed Consolidated Statements of Equity for the Nine Months Ended September 30, 2019 and 2018

 

5

 

Notes to Condensed Consolidated Financial Statements

 

6

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

19

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

 

32

Item 4.

Controls and Procedures

 

32

 

 

 

 

PART II. OTHER INFORMATION

 

 

Item 1.

Legal Proceedings

 

33

Item 1A.

Risk Factors

 

33

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

 

33

Item 3.

Defaults Upon Senior Securities

 

34

Item 4.

Mine Safety Disclosures

 

34

Item 5.

Other Information

 

34

Item 6.

Exhibits

 

35

 

Signatures

 

36

 

 

 

1

 

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements.

PARK HOTELS & RESORTS INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions, except share and per share data)

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(unaudited)

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

Property and equipment, net

 

$

9,986

 

 

$

7,975

 

Investments in affiliates

 

 

52

 

 

 

50

 

Goodwill

 

 

607

 

 

 

607

 

Intangibles, net

 

 

46

 

 

 

27

 

Cash and cash equivalents

 

 

321

 

 

 

410

 

Restricted cash

 

 

43

 

 

 

15

 

Accounts receivable, net of allowance for doubtful accounts of $1 and $1

 

 

193

 

 

 

153

 

Prepaid expenses

 

 

76

 

 

 

82

 

Other assets

 

 

29

 

 

 

44

 

Operating lease right-of-use assets

 

 

267

 

 

 

—

 

TOTAL ASSETS (variable interest entities - $248 and $242)

 

$

11,620

 

 

$

9,363

 

LIABILITIES AND EQUITY

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Debt

 

$

4,100

 

 

$

2,948

 

Accounts payable and accrued expenses

 

 

237

 

 

 

183

 

Due to hotel managers

 

 

128

 

 

 

137

 

Due to Hilton Grand Vacations

 

 

135

 

 

 

135

 

Deferred income tax liabilities

 

 

42

 

 

 

42

 

Other liabilities

 

 

241

 

 

 

332

 

Operating lease liabilities

 

 

284

 

 

 

—

 

Total liabilities (variable interest entities - $218 and $217)

 

 

5,167

 

 

 

3,777

 

Commitments and contingencies - refer to Note 13

 

 

 

 

 

 

 

 

Stockholders' Equity

 

 

 

 

 

 

 

 

Common stock, par value $0.01 per share, 6,000,000,000 shares authorized,

   239,590,752 shares issued and 239,388,083 shares outstanding as of

   September 30, 2019 and 201,290,458 shares issued and 201,198,381

   shares outstanding as of December 31, 2018

 

 

2

 

 

 

2

 

Additional paid-in capital

 

 

4,572

 

 

 

3,589

 

Retained earnings

 

 

1,931

 

 

 

2,047

 

Accumulated other comprehensive loss

 

 

(8

)

 

 

(6

)

Total stockholders' equity

 

 

6,497

 

 

 

5,632

 

Noncontrolling interests

 

 

(44

)

 

 

(46

)

Total equity

 

 

6,453

 

 

 

5,586

 

TOTAL LIABILITIES AND EQUITY

 

$

11,620

 

 

$

9,363

 

 

Refer to the notes to the unaudited condensed consolidated financial statements.

 

 

2

 

PARK HOTELS & RESORTS INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(unaudited, in millions, except per share data)

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rooms

 

$

431

 

 

$

429

 

 

$

1,271

 

 

$

1,298

 

Food and beverage

 

 

156

 

 

 

144

 

 

 

534

 

 

 

532

 

Ancillary hotel

 

 

63

 

 

 

60

 

 

 

170

 

 

 

168

 

Other

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Total revenues

 

 

672

 

 

 

652

 

 

 

2,034

 

 

 

2,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rooms

 

 

114

 

 

 

113

 

 

 

334

 

 

 

337

 

Food and beverage

 

 

117

 

 

 

111

 

 

 

371

 

 

 

368

 

Other departmental and support

 

 

153

 

 

 

157

 

 

 

453

 

 

 

469

 

Other property-level

 

 

54

 

 

 

54

 

 

 

152

 

 

 

157

 

Management fees

 

 

32

 

 

 

32

 

 

 

101

 

 

 

103

 

Casualty loss (gain) and impairment loss, net

 

 

8

 

 

 

(1

)

 

 

8

 

 

 

(1

)

Depreciation and amortization

 

 

61

 

 

 

69

 

 

 

184

 

 

 

208

 

Corporate general and administrative

 

 

14

 

 

 

16

 

 

 

47

 

 

 

47

 

Acquisition costs

 

 

59

 

 

 

—

 

 

 

65

 

 

 

—

 

Other

 

 

23

 

 

 

19

 

 

 

61

 

 

 

54

 

Total expenses

 

 

635

 

 

 

570

 

 

 

1,776

 

 

 

1,742

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain on sales of assets, net

 

 

1

 

 

 

2

 

 

 

20

 

 

 

98

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

 

38

 

 

 

84

 

 

 

278

 

 

 

407

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

 

2

 

 

 

2

 

 

 

5

 

 

 

4

 

Interest expense

 

 

(33

)

 

 

(32

)

 

 

(98

)

 

 

(94

)

Equity in earnings from investments in affiliates

 

 

3

 

 

 

4

 

 

 

18

 

 

 

16

 

Loss on foreign currency transactions

 

 

(2

)

 

 

(1

)

 

 

(2

)

 

 

(4

)

Other gain (loss), net

 

 

1

 

 

 

(2

)

 

 

1

 

 

 

106

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

9

 

 

 

55

 

 

 

202

 

 

 

435

 

Income tax expense

 

 

—

 

 

 

—

 

 

 

(12

)

 

 

(13

)

Net income

 

 

9

 

 

 

55

 

 

 

190

 

 

 

422

 

Net income attributable to noncontrolling interests

 

 

(4

)

 

 

(3

)

 

 

(7

)

 

 

(4

)

Net income attributable to stockholders

 

$

5

 

 

$

52

 

 

$

183

 

 

$

418

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive (loss) income, net of tax expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Currency translation adjustment, net of tax expense of $0, $1,

   $0, $2

 

 

(3

)

 

 

(1

)

 

 

(2

)

 

 

36

 

Total other comprehensive (loss) income

 

 

(3

)

 

 

(1

)

 

 

(2

)

 

 

36

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income

 

$

6

 

 

$

54

 

 

$

188

 

 

$

458

 

Comprehensive income attributable to noncontrolling interests

 

 

(4

)

 

 

(3

)

 

 

(7

)

 

 

(4

)

Comprehensive income attributable to stockholders

 

$

2

 

 

$

51

 

 

$

181

 

 

$

454

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - Basic

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

Earnings per share - Diluted

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - Basic

 

 

206

 

 

 

200

 

 

 

203

 

 

 

204

 

Weighted average shares outstanding - Diluted

 

 

207

 

 

 

201

 

 

 

204

 

 

 

205

 

 

Refer to the notes to the unaudited condensed consolidated financial statements.

3

 

PARK HOTELS & RESORTS INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited, in millions)

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2019

 

 

2018

 

Operating Activities:

 

 

 

 

 

 

 

 

Net income

 

$

190

 

 

$

422

 

Adjustments to reconcile net income to net cash provided by operating activities:

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

184

 

 

 

208

 

Gain on sales of assets, net

 

 

(20

)

 

 

(98

)

Casualty loss (gain) and impairment loss, net

 

 

8

 

 

 

(1

)

Equity in earnings from investments in affiliates

 

 

(18

)

 

 

(16

)

Loss on foreign currency transactions

 

 

2

 

 

 

4

 

Other gain, net

 

 

(1

)

 

 

(106

)

Share-based compensation expense

 

 

12

 

 

 

12

 

Amortization of deferred financing costs

 

 

3

 

 

 

3

 

Distributions from unconsolidated affiliates

 

 

16

 

 

 

12

 

Deferred income taxes

 

 

—

 

 

 

(3

)

Changes in operating assets and liabilities

 

 

(27

)

 

 

(142

)

Net cash provided by operating activities

 

 

349

 

 

 

295

 

Investing Activities:

 

 

 

 

 

 

 

 

Acquisitions, net of cash and restricted cash acquired

 

 

(913

)

 

 

—

 

Capital expenditures for property and equipment

 

 

(182

)

 

 

(133

)

Proceeds from asset dispositions, net

 

 

230

 

 

 

369

 

Proceeds from the sale of investments in affiliates, net

 

 

—

 

 

 

150

 

Insurance proceeds for property damage claims

 

 

10

 

 

 

87

 

Net cash (used in) provided by investing activities

 

 

(855

)

 

 

473

 

Financing Activities:

 

 

 

 

 

 

 

 

Borrowings under credit facilities

 

 

850

 

 

 

—

 

Payments of deferred financing costs

 

 

(11

)

 

 

—

 

Dividends paid

 

 

(382

)

 

 

(379

)

Distributions to noncontrolling interests

 

 

(5

)

 

 

(1

)

Tax withholdings on share-based compensation

 

 

(7

)

 

 

(2

)

Repurchase of common stock

 

 

—

 

 

 

(348

)

Net cash provided by (used in) financing activities

 

 

445

 

 

 

(730

)

Effect of exchange rate changes on cash and cash equivalents and restricted cash

 

 

—

 

 

 

(2

)

Net (decrease) increase in cash and cash equivalents and restricted cash

 

 

(61

)

 

 

36

 

Cash and cash equivalents and restricted cash, beginning of period

 

 

425

 

 

 

379

 

Cash and cash equivalents and restricted cash, end of period

 

$

364

 

 

$

415

 

 

 

 

 

 

 

 

 

 

Supplemental Disclosures

 

 

 

 

 

 

 

 

Non-cash investing activities:

 

 

 

 

 

 

 

 

Transfer of property and equipment to Hilton Grand Vacations

 

$

—

 

 

$

3

 

Non-cash financing activities:

 

 

 

 

 

 

 

 

Issuance of common shares in connection with the acquisition of Chesapeake

   Lodging Trust

 

$

978

 

 

$

—

 

Assumption of mortgage loans in connection with acquisitions

 

$

311

 

 

$

—

 

Dividends declared but unpaid

 

 

107

 

 

 

86

 

 

Refer to the notes to the unaudited condensed consolidated financial statements.

 

 

4

 

PARK HOTELS & RESORTS INC.

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

(unaudited, in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Other

 

 

Non-

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

controlling

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

(Loss) Income

 

 

Interests

 

 

Total

 

Balance as of December 31, 2018

 

 

201

 

 

$

2

 

 

$

3,589

 

 

$

2,047

 

 

$

(6

)

 

$

(46

)

 

$

5,586

 

Share-based compensation, net

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(1

)

Net income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

96

 

 

 

—

 

 

 

1

 

 

 

97

 

Dividends and dividend equivalents(1)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(91

)

 

 

—

 

 

 

—

 

 

 

(91

)

Distributions to noncontrolling

    interests

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(3

)

 

 

(3

)

Cumulative effect of change in

    accounting principle

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(8

)

 

 

—

 

 

 

—

 

 

 

(8

)

Balance as of March 31, 2019

 

 

201

 

 

 

2

 

 

 

3,588

 

 

 

2,044

 

 

 

(6

)

 

 

(48

)

 

 

5,580

 

Share-based compensation, net

 

 

1

 

 

 

—

 

 

 

3

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3

 

Net income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

82

 

 

 

—

 

 

 

2

 

 

 

84

 

Other comprehensive income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

 

 

—

 

 

 

1

 

Dividends and dividend equivalents(1)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(92

)

 

 

—

 

 

 

—

 

 

 

(92

)

Balance as of June 30, 2019

 

 

202

 

 

 

2

 

 

 

3,591

 

 

 

2,034

 

 

 

(5

)

 

 

(46

)

 

 

5,576

 

Issuance of common stock

 

 

38

 

 

 

—

 

 

 

978

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

978

 

Share-based compensation, net

 

 

—

 

 

 

—

 

 

 

3

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3

 

Net income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

5

 

 

 

—

 

 

 

4

 

 

 

9

 

Other comprehensive loss

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(3

)

 

 

—

 

 

 

(3

)

Dividends and dividend equivalents(1)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(108

)

 

 

—

 

 

 

—

 

 

 

(108

)

Distributions to noncontrolling

    interests

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(2

)

 

 

(2

)

Balance as of September 30, 2019

 

 

240

 

 

$

2

 

 

$

4,572

 

 

$

1,931

 

 

$

(8

)

 

$

(44

)

 

$

6,453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Other

 

 

Non-

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

controlling

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Loss

 

 

Interests

 

 

Total

 

Balance as of December 31, 2017

 

 

215

 

 

$

2

 

 

$

3,825

 

 

$

2,229

 

 

$

(45

)

 

$

(49

)

 

$

5,962

 

Share-based compensation, net

 

 

—

 

 

 

—

 

 

 

3

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3

 

Net income (loss)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

150

 

 

 

—

 

 

 

(1

)

 

 

149

 

Other comprehensive income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

37

 

 

 

—

 

 

 

37

 

Dividends and dividend equivalents(1)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(88

)

 

 

—

 

 

 

—

 

 

 

(88

)

Repurchase of common stock

 

 

(14

)

 

 

—

 

 

 

(250

)

 

 

(98

)

 

 

—

 

 

 

—

 

 

 

(348

)

Balance as of March 31, 2018

 

 

201

 

 

 

2

 

 

 

3,578

 

 

 

2,193

 

 

 

(8

)

 

 

(50

)

 

 

5,715

 

Share-based compensation, net

 

 

—

 

 

 

—

 

 

 

3

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3

 

Net income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

216

 

 

 

—

 

 

 

2

 

 

 

218

 

Dividends and dividend equivalents(1)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(178

)

 

 

—

 

 

 

—

 

 

 

(178

)

Distributions to noncontrolling

   interests

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

(1

)

Balance as of June 30, 2018

 

 

201

 

 

 

2

 

 

 

3,581

 

 

 

2,231

 

 

 

(8

)

 

 

(49

)

 

 

5,757

 

Share-based compensation, net

 

 

—

 

 

 

—

 

 

 

4

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

4

 

Net income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

52

 

 

 

—

 

 

 

3

 

 

 

55

 

Other comprehensive loss

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

 

 

 

(1

)

 

 

—

 

 

 

(1

)

Dividends and dividend equivalents(1)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(87

)

 

 

—

 

 

 

—

 

 

 

(87

)

Balance as of September 30, 2018

 

 

201

 

 

$

2

 

 

$

3,585

 

 

$

2,196

 

 

$

(9

)

 

$

(46

)

 

$

5,728

 

 

(1)

Dividends declared per common share were $0.45 for the three months ended March 31, 2019, June 30, 2019 and September 30, 2019. Dividends declared per common share were $0.43 for the three months ended March 31, 2018, June 30, 2018 and September 30, 2018. An additional special cash dividend of $0.45 per common share was declared for the three months ended June 30, 2018.

 

 

Refer to the notes to the unaudited condensed consolidated financial statements.

 

5

 

PARK HOTELS & RESORTS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

 

Note 1: Organization

Park Hotels & Resorts Inc. (“we,” “us,” “our” or the “Company”) is a Delaware corporation that owns a portfolio of premium-branded hotels and resorts primarily located in prime city center and resort locations. On January 3, 2017, Hilton Worldwide Holdings Inc. (“Hilton” or “Parent”) completed the spin-off of a portfolio of hotels and resorts that established Park Hotels & Resorts Inc. as an independent, publicly traded company. The spin-off transaction was effected through a pro rata distribution of Park Hotels & Resorts Inc. stock to existing Hilton stockholders.

On May 5, 2019, the Company, PK Domestic Property LLC, an indirect subsidiary of the Company (“Domestic”), and PK Domestic Sub LLC, a wholly-owned subsidiary of Domestic (“Merger Sub”) entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Chesapeake Lodging Trust (“Chesapeake”). On September 18, 2019, pursuant to the terms and subject to the conditions set forth in the Merger Agreement, Chesapeake merged with and into Merger Sub (the “Merger”) and each of Chesapeake’s common shares of beneficial interest, $0.01 par value per share (“Chesapeake common shares”) was converted into $11.00 in cash and 0.628 of a share of our common stock. No fractional shares of our common stock were issued in the Merger.  The value of any fractional interests to which a Chesapeake shareholder would otherwise have been entitled was paid in cash.

We are treated as a real estate investment trust (“REIT”) for United States (“U.S.”) federal income tax purposes, and we have been organized and operated, and expect to continue to be organized and operate in a manner to qualify as a REIT. From the date of our spin-off from Hilton, Park Intermediate Holdings LLC (our “Operating Company”), directly or indirectly, has held all our assets and has conducted all of our operations. We own 100% of the interests in our Operating Company.

 

Note 2: Basis of Presentation and Summary of Significant Accounting Policies

Basis of Presentation

Principles of Consolidation

The unaudited condensed consolidated financial statements reflect our financial position, results of operations and cash flows, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP. In our opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring items, considered necessary for a fair presentation of the interim periods. All significant intercompany transactions and balances within the financial statements have been eliminated.

These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our Annual Report on Form 10-K, filed with the SEC on February 28, 2019.

 

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Interim results are not necessarily indicative of full year performance.

 

Reclassifications

Certain line items on the condensed consolidated statements of comprehensive income for the nine months ended September 30, 2018 have been reclassified to conform to the current period presentation.

Summary of Significant Accounting Policies

Our Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on February 28, 2019, contains a discussion of the significant accounting policies. There have been no significant changes to our significant accounting policies since December 31, 2018, except for the change in lease accounting, referred to under “Recently Issued Accounting Pronouncements.”

6

 

Recently Issued Accounting Pronouncements

Adopted Accounting Standards

In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-02 (“ASU 2016-02”), Leases (Topic 842), which supersedes existing lease accounting guidance in Leases (Topic 840) and generally requires all leases to be recognized on the statement of financial position. We adopted this ASU on January 1, 2019 using the optional transition method, which allows entities to initially apply the ASU at the adoption date without revising comparable periods. We consider an arrangement to contain a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for compensation. We elected certain practical expedients that allowed us to utilize historical lease classifications and elected an accounting policy to continue accounting for leases with an initial term of 12 months and less using existing guidance for operating leases. We did not elect the practical expedient that allows us to use hindsight to reassess our probability of exercising renewal options; however, we did include any renewal options controlled by the lessor. On a prospective basis, lease terms will include both renewal options that we are reasonably certain to exercise as well as renewal options controlled by the lessor. Upon adoption, we recognized an operating lease right-of-use asset of $213 million representing the right to use land, buildings, and equipment over lease terms which include renewal options we have exercised, and renewal options controlled by the lessor, and a corresponding operating lease liability of $213 million representing the present value of our fixed lease payment obligations. We also recognized an $8 million impairment of the operating lease right-of-use asset associated with one of our previously impaired hotels as a cumulative effect of change in accounting principle within retained earnings. In addition, we reclassified $25 million of below market lease intangibles from intangibles, net and $8 million of deferred rent liabilities from other liabilities on our condensed consolidated balance sheet to the operating lease right-of-use asset. The discount rate used to calculate the operating lease right-of-use asset and operating lease liability was based on our estimated incremental borrowing rate at our adoption date of January 1, 2019.

In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40), which adds recognition, measurement, and disclosure guidance on implementation costs of cloud computing arrangements. Implementation costs incurred by customers in cloud computing arrangements are deferred if they would be capitalized by customers in software license arrangements under the existing internal-use software guidance. We elected to early adopt this ASU as of January 1, 2019 on a prospective basis and there was no effect on our consolidated financial statements.

 

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which will replace the existing “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For trade and other receivables, loans and other instruments, the forward looking “expected loss” model will generally result in the earlier recognition of allowances for losses. In November 2018, the FASB issued ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”, which clarifies that operating lease receivables accounted for under ASC 842 are not in the scope of ASU No. 2016-13. Both ASUs are effective January 1, 2020 and require new disclosures. Both ASUs require a modified retrospective approach. We are currently evaluating the effect that these ASUs will have on our consolidated financial statements.

 

 

7

 

Note 3: Acquisitions and Dispositions

Acquisitions

Merger with Chesapeake

As a result of the Merger, we acquired a 100% ownership interest in the following 18 hotels:

 

Hotel

 

Location

 

Rooms

 

Hilton Denver City Center

 

Denver, CO

 

 

613

 

W Chicago – Lakeshore

 

Chicago, IL

 

 

520

 

Hyatt Regency Boston

 

Boston, MA

 

 

502

 

Hyatt Regency Mission Bay Spa and Marina

 

San Diego, CA

 

 

438

 

Boston Marriott Newton

 

Newton, MA

 

 

430

 

Le Meridien New Orleans

 

New Orleans, LA

 

 

410

 

W Chicago – City Center

 

Chicago, IL

 

 

403

 

Royal Palm South Beach Miami, a Tribute Portfolio Resort

 

Miami Beach, FL

 

 

393

 

Le Meridien San Francisco

 

San Francisco, CA

 

 

360

 

JW Marriott San Francisco Union Square

 

San Francisco, CA

 

 

344

 

Hyatt Centric Fisherman’s Wharf

 

San Francisco, CA

 

 

316

 

Hotel Indigo San Diego Gaslamp Quarter

 

San Diego, CA

 

 

210

 

Courtyard Washington Capitol Hill/Navy Yard

 

Washington, DC

 

 

204

 

Homewood Suites by Hilton Seattle Convention Center Pike Street

 

Seattle, WA

 

 

195

 

Hilton Checkers Los Angeles

 

Los Angeles, CA

 

 

193

 

Ace Hotel Downtown Los Angeles

 

Los Angeles, CA

 

 

182

 

Hotel Adagio, Autograph Collection

 

San Francisco, CA

 

 

171

 

W New Orleans – French Quarter

 

New Orleans, LA

 

 

97

 

 

 

 

 

 

5,981

 

 

The total consideration for the Merger was approximately $2 billion, which included the issuance of approximately 37.8 million shares of common stock valued at $25.88 per share to Chesapeake common shareholders based on the closing price of our common stock on September 17, 2019. We accounted for the Merger using the acquisition method of accounting.  

 

We preliminarily allocated the purchase price consisting of common stock issued of $978 million and cash of $1,013 million as follows:

 

 

 

(in millions)

 

Investment in hotel properties, net

 

$

2,220

 

Intangibles, net

 

 

45

 

Cash and cash equivalents

 

 

62

 

Restricted cash

 

 

38

 

Accounts receivable, net

 

 

26

 

Prepaid expenses

 

 

9

 

Other assets

 

 

2

 

Operating lease right-of-use asset

 

 

65

 

Debt

 

 

(311

)

Accounts payable and accrued expenses

 

 

(46

)

Due to hotel managers

 

 

(15

)

Other liabilities

 

 

(16

)

Operating lease liability

 

 

(88

)

Total consideration

 

$

1,991

 

 

The estimated fair values for the assets acquired and the liabilities assumed are preliminary and are subject to change during the one-year measurement period as additional information related to the inputs and assumptions used in determining the fair value of the assets and liabilities becomes available. We will continue to review the underlying inputs and assumptions. Therefore, the purchase price allocation is not yet complete as of the date of this filing. Once the allocation is complete, an additional adjustment to the allocation may occur.

 

8

 

We used the following valuation methodologies, inputs and assumptions to estimate the fair value of the assets acquired and liabilities assumed:

 

 

•

Investment in hotel properties – We estimated the fair values of the land and improvements, buildings and improvements, and furniture, fixtures and equipment at the hotel properties by using a combination of the market, cost and income approaches. These valuation methodologies are based on significant Level 3 inputs in the fair value hierarchy, such as estimates of future income growth, capitalization rates, discount rates, capital expenditures and cash flow projections at the respective hotel properties.

 

•

Intangible assets – We estimated the fair value of the air rights contract acquired as part of the Hyatt Regency Boston by calculating the present value of the difference between the contractual rental amounts according to the contract and the market rental rates for similar contracts, measured over a period equal to the remaining non-cancellable term of the contract. This valuation methodology is based on Level 3 inputs in the fair value hierarchy. The intangible asset is amortized using the straight-line method over the remaining term of the contract.

 

•

Above and below market lease liabilities – We estimated the fair value of our above and below market lease liabilities by calculating the present value of the difference between the contractual rental amounts paid according to the in-place lease agreements and the market rental rates for similar leased space, measured over a period equal to the remaining non-cancellable terms of the leases. This valuation methodology is based on Level 3 inputs in the fair value hierarchy. The above and below market lease liabilities are included as adjustments to the right-of-use asset in the accompanying condensed consolidated balance sheet. The above and below market lease liabilities are amortized as adjustments to ground rent expense over the remaining terms of the respective leases.

 

•

Operating lease right-of-use-asset and Operating lease liability – We estimated the fair value of the operating lease right-of-use asset and operating lease liability by calculating the present value of the fixed contractual rental amounts due over a period equal to the remaining non-cancellable terms of the leases. This valuation methodology is based on Level 3 inputs in the fair value hierarchy.

 

•

Debt – We estimated the fair value of the mortgage loans by calculating the present value of the remaining loan payments due over the term of the loans. This valuation methodology is based on Level 3 inputs in the fair value hierarchy.

 

•

Restricted cash, accounts receivable, prepaid expenses and other assets, accounts payable and accrued expenses, due to hotel managers and other liabilities – The amounts constitute the carrying amounts of the assets acquired and the liabilities assumed, which we believe approximate fair value because of their short-term nature.

 

For the three and nine months ended September 30, 2019, we incurred $59 million and $65 million, respectively, in acquisition costs in connection with the Merger. Acquisition costs primarily related to severance, transfer tax and fees for financial advisors, legal, accounting, tax and other professional services in connection with the Merger. The Merger-related costs noted above are included in acquisition costs in our condensed consolidated statements of comprehensive income.

 

The following unaudited condensed pro-forma financial information presents the results of operations as if the Merger had taken place on January 1, 2018. The unaudited condensed pro-forma financial information is not necessarily indicative of what our actual results of operations would have been assuming the Merger had taken place on January 1, 2018, nor is it indicative of the results of operations for future periods. The unaudited condensed pro-forma financial information is as follows:

 

 

 

For the three months ended September 30,

 

 

For the nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(unaudited)

 

(in millions)

 

 

(in millions)

 

Total revenues

 

$

797

 

 

$

800

 

 

$

2,440

 

 

$

2,477

 

Operating income

 

 

63

 

 

 

112

 

 

 

350

 

 

 

483

 

Net income

 

 

23

 

 

 

70

 

 

 

227

 

 

 

460

 

 

From the date of Merger through September 30, 2019, we recognized $23 million of total revenues, $5 million of operating income and $4 million of net income related to the hotels acquired in connection with the Merger.

 

9

 

Dispositions

 

During the nine months ended September 30, 2019, we sold five consolidated hotels listed in the table below and we received total gross proceeds of $236 million and recognized a gain, net of selling costs, of $20 million on these hotels which is included in gain on sales of assets, net in our condensed consolidated statements of comprehensive income.

 

Hotel

 

Location

 

Month Sold

Pointe Hilton Squaw Peak Resort

 

Phoenix, Arizona

 

February 2019

Hilton Nuremberg

 

Nuremberg, Germany

 

March 2019

Hilton Atlanta Airport

 

Atlanta, Georgia

 

June 2019

Hilton New Orleans Airport(1)

 

New Orleans, Louisiana

 

June 2019

Embassy Suites Parsippany(1)

 

Parsippany, New Jersey

 

June 2019

 

 

(1)

Hotels were sold as a portfolio in the same transaction.

 

During the nine months ended September 30, 2018, we sold 12 consolidated hotels for total gross proceeds of $379 million.  We recognized a net gain of approximately $98 million, including the reclassification of a currency translation adjustment of $31 million from accumulated other comprehensive loss into earnings concurrent with the dispositions, which was included in gain on sales of assets, net in our condensed consolidated statements of comprehensive income.

Additionally, in May 2018, we and the other owners of our unconsolidated affiliates that owned the Hilton Berlin hotel sold our interests for gross proceeds of approximately $375 million, before customary closing adjustments, of which our pro rata share was approximately $151 million. We recognized a net gain of approximately $107 million, including the reclassification of a currency translation adjustment of $8 million from accumulated other comprehensive loss into earnings concurrent with the disposition, which is included in other gain (loss), net in our condensed consolidated statements of comprehensive income.  

 

 

Note 4: Property and Equipment

Property and equipment were:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Land

 

$

3,594

 

 

$

3,344

 

Buildings and leasehold improvements

 

 

7,300

 

 

 

5,616

 

Furniture and equipment

 

 

1,133

 

 

 

949

 

Construction-in-progress

 

 

106

 

 

 

124

 

 

 

 

12,133

 

 

 

10,033

 

Accumulated depreciation and amortization

 

 

(2,147

)

 

 

(2,058

)

 

 

$

9,986

 

 

$

7,975

 

 

Depreciation of property and equipment was $60 million and $66 million, respectively, during the three months ended September 30, 2019 and 2018, and $182 million and $205 million during the nine months ended September 30, 2019 and 2018, respectively.

 

Hurricanes Irma and Maria

 

In September 2017, Hurricanes Irma and Maria caused damage and disruption at certain of our hotels in Florida and the Caribe Hilton in Puerto Rico. The Caribe Hilton remained closed throughout 2018 and reopened on May 15, 2019. Our insurance coverage provides us with reimbursement for the replacement cost for the damage to these hotels, which includes certain clean-up and repair costs, exceeding the applicable deductibles, in addition to loss of business.

 

During the nine months ended September 30, 2019, we recognized $23 million of insurance recoveries, of which $12 million related to property damage, $8 million related to business interruption, and $3 million related to expense reimbursements. Business interruption proceeds are included within ancillary hotel revenue in our condensed consolidated statements of comprehensive income. Additionally, we recognized a net loss of $7 million within casualty loss (gain) and impairment loss, net in our condensed consolidated statements of comprehensive income for amounts not expected to be recovered from insurance. The insurance receivable as of September 30, 2019 and December 31, 2018 was $5 million and $25 million, respectively, and is included within other assets in our condensed consolidated balance sheets.  

10

 

 

During the nine months ended September 30, 2018, we incurred $32 million of expenses, and based upon additional information obtained during the period, we recognized an additional loss of $22 million for property and equipment that was damaged during the hurricanes. These amounts were offset by the recognition of an insurance receivable of $54 million.  Additionally, we received $108 million of insurance proceeds, of which $15 million related to business interruption and $6 million related to expense reimbursements.  

 

Note 5: Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates

Consolidated VIEs

We consolidate three VIEs that own hotels in the U.S. We are the primary beneficiary of these VIEs as we have the power to direct the activities that most significantly affect their economic performance. Additionally, we have the obligation to absorb their losses and the right to receive benefits that could be significant to them. The assets of our VIEs are only available to settle the obligations of these entities. Our condensed consolidated balance sheets include the following assets and liabilities of these entities:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Property and equipment, net

 

$

221

 

 

$

223

 

Cash and cash equivalents

 

 

19

 

 

 

12

 

Restricted cash

 

 

2

 

 

 

1

 

Accounts receivable, net

 

 

5

 

 

 

4

 

Prepaid expenses

 

 

1

 

 

 

2

 

Debt

 

 

207

 

 

 

207

 

Accounts payable and accrued expenses

 

 

9

 

 

 

7

 

Due to hotel manager

 

 

—

 

 

 

2

 

Other liabilities

 

 

2

 

 

 

1

 

 

During the nine months ended September 30, 2019 and 2018, we did not provide any financial or other support to these VIEs that we were not previously contractually required to provide, nor do we intend to provide any such support in the future.

Unconsolidated Entities

Investments in affiliates were:

 

 

 

Ownership %

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

(in millions)

 

Hilton San Diego Bayfront

 

25%

 

 

$

20

 

 

$

19

 

All others (7 hotels)(1)

 

20% - 50%

 

 

 

32

 

 

 

31

 

 

 

 

 

 

 

$

52

 

 

$

50

 

 

(1)

In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018.

 

The affiliates in which we own investments accounted for under the equity method had total debt of approximately $961 million and $955 million as of September 30, 2019 and December 31, 2018, respectively. Substantially all the debt is secured solely by the affiliates’ assets or is guaranteed by other partners without recourse to us.

 

 

11

 

Note 6: Debt

Debt balances and associated interest rates as of September 30, 2019 were:

 

 

 

 

 

 

 

Principal balance as of

 

 

 

Interest Rate

at September 30, 2019

 

Maturity Date

 

September 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

(in millions)

 

SF CMBS Loan

 

4.11%

 

November 2023

 

$

725

 

 

$

725

 

HHV CMBS Loan

 

4.20%

 

November 2026

 

 

1,275

 

 

 

1,275

 

Mortgage loans(1)

 

Average rate of

4.28%

 

2020 to 2026(3)

 

 

517

 

 

 

207

 

2016 Term Loan(2)

 

L + 1.45%

 

December 2021

 

 

750

 

 

 

750

 

2019 Term Facility

 

L + 1.40%

 

September 2024

 

 

850

 

 

 

—

 

Revolving credit facility(4)

 

L + 1.50%

 

December 2021(3)

 

 

—

 

 

 

—

 

Financing lease obligations

 

3.07%

 

2021 to 2022

 

 

1

 

 

 

1

 

 

 

 

 

 

 

 

4,118

 

 

 

2,958

 

Add: unamortized premium

 

 

 

 

 

 

3

 

 

 

—

 

Less: unamortized deferred financing costs and

   discount

 

 

 

 

 

 

(21

)

 

 

(10

)

 

 

 

 

 

 

$

4,100

 

 

$

2,948

 

 

(1)

Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis.

(2)

The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021.

(3)

Assumes the exercise of all extensions that are exercisable solely at our option.

(4)

$1 billion available.

 

New Term Facility

In advance of the Merger, in August 2019, the Company, our Operating Company and Domestic entered into a delayed draw term loan agreement (the “2019 Term Facility”) with Bank of America, N.A. as administrative agent, and certain other financial institutions party thereto as lenders. The 2019 Term Facility provided for $950 million unsecured delayed draw term loan commitments to fund the Merger. The 2019 Term Facility included a $100 million two-year delayed draw term loan tranche, which was unfunded and the commitments thereunder terminated on September 18, 2019, and a $850 million five-year delayed draw term loan tranche, which has a scheduled maturity date of August 2024. On September 18, 2019, the five-year tranche was fully drawn to fund the Merger. The 2019 Term Facility agreement includes the option to increase the size of the 2019 Term Facility and enter into additional incremental term loan credit facilities, subject to certain limitations and obtaining additional commitments, in an aggregate amount not to exceed $400 million for all such increases.

Borrowings from the 2019 Term Facility bear interest at variable rates at our option, based upon either a base rate or LIBOR rate, plus an applicable margin based on our leverage ratio. Beginning in August 2019, we accrued an unused commitment fee equal to 0.25% per annum of the undrawn portion of the 2019 Term Facility, which was paid on September 18, 2019 when the 2019 Term Facility was fully drawn. Additionally, we incurred upfront financing fees of $9 million associated with the 2019 Term Facility, of which $1 million was expensed in connection with the terminated commitments.

The 2019 Term Facility agreement contains certain financial covenants relating to our maximum leverage ratio, minimum fixed charge coverage ratio, maximum secured leverage ratio, maximum unsecured indebtedness to unencumbered asset value and minimum unencumbered adjusted net operating income to unsecured interest coverage. If an event of default exists, we generally are not permitted to make distributions to stockholders, other than those required to qualify for and maintain REIT status and certain other limited exceptions.

In connection with the Merger, we assumed Chesapeake’s interest rate swap, which is designated as a cash flow hedge, to hedge the interest rate risk on a portion of the 2019 Term Facility.  The interest rate swap requires us to pay fixed interest of 1.86% per annum maturing on April 21, 2022 on a notional amount of $225 million, in exchange for floating rate interest equal to one-month LIBOR.

12

 

CMBS and Mortgage Loans

We are required to deposit with lenders certain cash reserves for restricted uses. As of September 30, 2019 and December 31, 2018, our condensed consolidated balance sheets included $18 million and $15 million of restricted cash, respectively, related to our CMBS loans and mortgage loans.

Debt Maturities

The contractual maturities of our debt, assuming the exercise of all extensions that are exercisable solely at our option, as of September 30, 2019 were:

 

Year

 

(in millions)

 

2019

 

$

2

 

2020

 

 

20

 

2021

 

 

759

 

2022

 

 

97

 

2023

 

 

827

 

Thereafter(1)

 

 

2,413

 

 

 

$

4,118

 

 

(1)

Assumes the exercise of all extensions that are exercisable solely at our option.

 

Note 7: Fair Value Measurements and Derivative Instruments

We did not elect the fair value measurement option for our financial assets or liabilities.  The fair value of our debt and the hierarchy level we used to estimate fair values are shown below:

 

 

 

 

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Hierarchy

Level

 

 

Carrying

Amount

 

 

Fair Value

 

 

Carrying

Amount

 

 

Fair Value

 

 

 

 

 

 

 

(in millions)

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SF CMBS Loan

 

 

3

 

 

$

725

 

 

$

743

 

 

$

725

 

 

$

706

 

HHV CMBS Loan

 

 

3

 

 

 

1,275

 

 

 

1,330

 

 

 

1,275

 

 

 

1,214

 

2016 Term Loan

 

 

3

 

 

 

750

 

 

 

750

 

 

 

750

 

 

 

732

 

2019 Term Facility

 

 

3

 

 

 

850

 

 

 

850

 

 

 

—

 

 

 

—

 

Mortgage loans

 

 

3

 

 

 

517

 

 

 

522

 

 

 

207

 

 

 

201

 

 

 

The fair value of the interest rate swap we assumed in the Merger is measured on a recurring basis and classified within Level 2 of the fair value hierarchy as it is valued using a third-party pricing model which contain inputs that are derived from observable market data.  Where possible, the values produced by the pricing model are verified to market prices. Valuation models require a variety of inputs, including contractual terms, market prices, yield curves, credit spreads, measures of volatility and correlations of such inputs. As of September 30, 2019, the fair value of our interest rate swap liability was $2 million, which is included within other liabilities on our condensed consolidated balance sheet.

 

The fair values of our other financial instruments are estimated to be equal to their carrying amounts.

 

Note 8: Leases

We lease hotel properties, land and equipment under operating and financing leases.  We are subject to ground leases on 16 of our consolidated properties, 3 of which were acquired as part of the Merger. Our leases expire, including options under lessor control, at various dates through 2083, with varying renewal options, and the majority expire before 2034.  

Our operating leases may require minimum rent payments, variable rent payments based on a percentage of revenue or income or rent payments equal to the greater of a minimum rent or variable rent. In addition, we may be required to pay some, or all, of the capital costs for property and equipment in the hotel during the term of the lease.

13

 

The maturities of our non-cancelable operating lease liabilities, due in each of the next five years and thereafter as of September 30, 2019, were:

 

 

 

Operating

Leases

 

Year

 

(in millions)

 

2019

 

$

8

 

2020

 

 

32

 

2021

 

 

32

 

2022

 

 

32

 

2023

 

 

26

 

Thereafter

 

 

414

 

Total minimum rent payments

 

$

544

 

Less: imputed interest

 

 

260

 

Total operating lease liabilities

 

$

284

 

 

As of September 30, 2019 the weighted average remaining operating lease term was 25.7 years and the weighted average discount rate used to determine the operating lease liabilities was 5.4%.

 

The components of rent expense, which are primarily included in other property-level expenses in our condensed consolidated statements of comprehensive income, supplemental cash flow and non-cash information for all operating leases were:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

 

2019

 

 

2019

 

 

 

 

(in millions)

Operating lease expense

 

$

7

 

 

$

21

 

 

Variable lease expense

 

 

4

 

 

 

11

 

 

Operating cash flows for operating leases

 

 

7

 

 

 

20

 

 

Right-of-use assets obtained in exchange for lease obligations(1)

 

 

65

 

 

 

278

 

 

 

(1)

For the nine months ended September 30, 2019, balance represents right-of-use assets recognized upon adoption of ASC 842, Leases, on January 1, 2019, and right-of-use assets assumed in connection with the Merger.  For the three months ended September 30, 2019, balance represents right-of-use assets assumed in connection with the Merger.

 

 

Note 9: Income Taxes

We are treated as a REIT for U.S. federal income tax purposes, and we have been organized and operated, and expect to continue to be organized and operate in a manner to qualify as a REIT. To qualify as a REIT, we must satisfy requirements related to, among other things, the real estate qualification of sources of our income, the real estate composition and values of our assets, the amounts we distribute to our stockholders annually and the diversity of ownership of our stock. To the extent we continue to remain qualified as a REIT, we generally will not be subject to U.S. federal income tax on taxable income generated by our REIT activities that we distribute annually to our stockholders. Accordingly, no provision for U.S. federal income taxes has been included in our accompanying condensed consolidated financial statements for the three and nine months ended September 30, 2019 and 2018 related to our REIT activities, other than taxes associated with built-in gains related to our assets owned at the date of our spin-off including the remeasurement of associated deferred tax assets and liabilities.

We will be subject to U.S. federal income tax on taxable sales of built-in gain property (representing property with an excess of fair value over tax basis held by us on January 4, 2017) during the five-year period following the date of our spin-off. In addition, we are subject to non-U.S. income tax on foreign held REIT activities. Further, our taxable REIT subsidiaries (“TRSs”) are generally subject to U.S. federal, state and local, and foreign income taxes (as applicable).  Income tax expense during the nine months ended September 30, 2019 is primarily related to taxable income from our TRSs.

 

14

 

Note 10: Share-Based Compensation

We issue equity-based awards to our employees pursuant to the 2017 Omnibus Incentive Plan (“2017 Employee Plan”) and our non-employee directors pursuant to the 2017 Stock Plan for Non-Employee Directors (“2017 Director Plan”). The 2017 Employee Plan provides that a maximum of 8,000,000 shares of our common stock may be issued, and as of September 30, 2019, 5,496,016 shares of common stock remain available for future issuance. The 2017 Director Plan provides that a maximum of 450,000 shares of our common stock may be issued, and as of September 30, 2019, 297,344 shares of common stock remain available for future issuance. For both the three months ended September 30, 2019 and 2018, we recognized $4 million of share-based compensation expense, and $12 million for both the nine months ended September 30, 2019 and 2018. As of September 30, 2019, unrecognized compensation expense was $20 million, which is expected to be recognized over a weighted-average period of 1.4 years.

 

Restricted Stock Awards

Restricted Stock Awards (“RSAs”) generally vest in annual installments between one and three years from each grant date. The following table provides a summary of RSAs for the nine months ended September 30, 2019:

 

 

 

Number of Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at January 1, 2019

 

 

585,106

 

 

$

26.89

 

Granted

 

 

298,329

 

 

 

31.31

 

Vested

 

 

(308,094

)

 

 

27.00

 

Forfeited

 

 

(12,615

)

 

 

29.96

 

Unvested at September 30, 2019

 

 

562,726

 

 

$

29.10

 

 

Performance Stock Units

Performance Stock Units (“PSUs”) generally vest at the end of a three-year performance period and are subject to the achievement of a market condition based on a measure of our total shareholder return relative to the total shareholder return of the companies that comprise the FTSE Nareit Lodging Resorts Index (that have a market capitalization in excess of $1 billion as of the first day of the applicable performance period). The number of PSUs that may become vested ranges from zero to 200% of the number of PSUs granted to an employee, based on the level of achievement of the foregoing performance measure. The following table provides a summary of PSUs for the nine months ended September 30, 2019:

 

 

 

Number of Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at January 1, 2019

 

 

537,936

 

 

$

31.16

 

Granted

 

 

314,858

 

 

 

34.28

 

Vested

 

 

(277,325

)

 

 

31.25

 

Forfeited

 

 

(672

)

 

 

42.05

 

Unvested at September 30, 2019

 

 

574,797

 

 

$

32.82

 

 

 

The grant date fair values of these awards were determined using a Monte Carlo simulation valuation model with the following assumptions:

 

Expected volatility(1)

 

19.5% - 21.5%

 

Dividend yield(2)

 

 

—

 

Risk-free rate

 

1.8% - 2.4%

 

Expected term

 

3 years

 

 

(1)

Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%.

(2)

Dividends are assumed to be reinvested in shares of our common stock and dividends will not be paid unless shares vest.

 

15

 

Note 11: Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share (“EPS”):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions, except per share amounts)

 

 

(in millions, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to stockholders

 

$

5

 

 

$

52

 

 

$

183

 

 

$

418

 

Earnings allocated to participating securities

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

(1

)

Net income attributable to stockholders, net of earnings

   allocated to participating securities

 

$

5

 

 

$

52

 

 

$

182

 

 

$

417

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

 

206

 

 

 

200

 

 

 

203

 

 

 

204

 

Unvested restricted shares

 

 

1

 

 

 

1

 

 

 

1

 

 

 

1

 

Weighted average shares outstanding – diluted

 

 

207

 

 

 

201

 

 

 

204

 

 

 

205

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS(1)

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

Diluted EPS(1)

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

 

(1)

Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.

 

Certain of our outstanding equity awards were excluded from the above calculation of EPS for the three and nine months ended September 30, 2019 and 2018 because their effect would have been anti-dilutive.

 

Note 12: Business Segment Information

As of September 30, 2019, we have two operating segments, our consolidated hotels and unconsolidated hotels. Our unconsolidated hotels operating segment does not meet the definition of a reportable segment, thus our consolidated hotels is our only reportable segment. We evaluate our consolidated hotels primarily based on hotel adjusted earnings before interest expense, taxes and depreciation and amortization (“EBITDA”). Hotel Adjusted EBITDA is calculated as EBITDA from hotel operations, adjusted to exclude:

 

•

Gains or losses on sales of assets for both consolidated and unconsolidated investments;

 

•

Gains or losses on foreign currency transactions;

 

•

Share-based compensation expense;

 

•

Non-cash impairment losses; and

 

•

Other items that we believe are not representative of our current or future operating performance.

16

 

The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and Hotel Adjusted EBITDA to net income:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total consolidated hotel revenue

 

$

650

 

 

$

633

 

 

$

1,975

 

 

$

1,998

 

Other revenues

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Total revenues

 

$

672

 

 

$

652

 

 

$

2,034

 

 

$

2,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hotel Adjusted EBITDA

 

$

183

 

 

$

171

 

 

$

573

 

 

$

573

 

Other revenues

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Casualty (loss) gain and impairment loss, net

 

 

(8

)

 

 

1

 

 

 

(8

)

 

 

1

 

Depreciation and amortization expense

 

 

(61

)

 

 

(69

)

 

 

(184

)

 

 

(208

)

Corporate general and administrative expense

 

 

(14

)

 

 

(16

)

 

 

(47

)

 

 

(47

)

Acquisition costs

 

 

(59

)

 

 

—

 

 

 

(65

)

 

 

—

 

Other operating expenses

 

 

(23

)

 

 

(19

)

 

 

(61

)

 

 

(54

)

Gain on sales of assets, net

 

 

1

 

 

 

2

 

 

 

20

 

 

 

98

 

Interest income

 

 

2

 

 

 

2

 

 

 

5

 

 

 

4

 

Interest expense

 

 

(33

)

 

 

(32

)

 

 

(98

)

 

 

(94

)

Equity in earnings from investments in affiliates

 

 

3

 

 

 

4

 

 

 

18

 

 

 

16

 

Loss on foreign currency transactions

 

 

(2

)

 

 

(1

)

 

 

(2

)

 

 

(4

)

Income tax expense

 

 

—

 

 

 

—

 

 

 

(12

)

 

 

(13

)

Other gain (loss), net

 

 

1

 

 

 

(2

)

 

 

1

 

 

 

106

 

Other items

 

 

(3

)

 

 

(5

)

 

 

(9

)

 

 

(9

)

Net income

 

$

9

 

 

$

55

 

 

$

190

 

 

$

422

 

 

The following table presents total assets for our consolidated hotels, reconciled to consolidated amounts:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Consolidated hotels

 

$

11,551

 

 

$

9,305

 

All other

 

 

69

 

 

 

58

 

Total

 

$

11,620

 

 

$

9,363

 

 

 

Note 13: Commitments and Contingencies

We expect that insurance proceeds, excluding any applicable insurance deductibles, will be sufficient to cover a significant portion of the property damage to our two hotels in Key West, Florida and the Caribe Hilton from Hurricanes Irma and Maria in September 2017 and the resulting loss of business. We have recognized a total loss of $22 million representing losses up to the amount of our deductibles and additional amounts not expected to be recovered from insurance. The amount of expected insurance proceeds could change as more information becomes available about the nature and extent of damage. Any gain resulting from insurance proceeds, including those for business interruption, will not be recognized until all contingencies have been resolved.  

As of September 30, 2019, we had outstanding commitments under third-party contracts of approximately $68 million for capital expenditures at certain hotels. Our contracts contain clauses that allow us to cancel all or some portion of the work. If cancellation of a contract occurred, our commitment would be any costs incurred up to the cancellation date, in addition to any costs associated with the discharge of the contract.

We may make certain indemnifications or guarantees to select buyers of our hotels as part of the sale process. In addition, losses related to certain contingent liabilities could be apportioned to us under the distribution and tax matters agreements related to the spin-off transaction.  

17

 

We are involved in litigation arising from the normal course of business, some of which includes claims for substantial sums. We are also involved in litigation that is not in the ordinary course of business, and we are indemnified from certain of these claims under the distribution agreement with Hilton. While the ultimate results of claims and litigation relating to assets retained by Hilton in connection with the spin-off cannot be predicted with certainty, we expect that the ultimate resolution of all pending or threatened claims and litigation as of September 30, 2019 will not have a material effect on our condensed consolidated results of operations, financial position or cash flows.

Following the May 6, 2019 announcement that we and Chesapeake had entered into the Merger Agreement, two purported shareholder class actions were filed in the United States District Court for the District of Delaware captioned: Kent v. Chesapeake Lodging Trust, et al., No. 1:19-cv-01201 (D.Del.) (filed June 25, 2019) (the “Kent Action”) and Terlinden v. Chesapeake Lodging Trust, et al., No. 1;19-cv-01263 (D.Del.) (filed July 8, 2019). The complaint in each case alleged purported violations of the federal securities laws and named as defendants Chesapeake, the individual members of the Chesapeake board of trustees, the Company, Domestic and Merger Sub. The plaintiffs alleged that Chesapeake and the individual defendants violated Section 14(a) of the Exchange Act, and Rule 14a-9 promulgated thereunder, by providing inadequate disclosure regarding the proposed merger in the Form S-4 Registration Statement filed with the SEC on June 14, 2019 (the “Registration Statement”). The plaintiffs also alleged that the individual defendants, the Company, Domestic and Merger Sub violated Section 20(a) of the Exchange Act. Plaintiffs sought, among other things, to enjoin or rescind the merger, an award of damages in the event the merger was consummated and an award of costs and attorneys’ fees. While we believe that these claims were without merit, in order to avoid the risk of these claims delaying or adversely affecting the Merger, to minimize the costs, risks and uncertainties inherent in litigation, and without admitting any liability or wrongdoing, Chesapeake agreed to amend and supplement the definitive proxy statement filed with the SEC on July 26, 2019 in connection with the Merger in a Current Report on Form 8-K filed with the SEC on September 3, 2019. The plaintiffs in these actions subsequently dismissed each case with prejudice as to the named plaintiffs only. The cases are now closed.

 

 

Note 14: Subsequent Events

In November 2019, we executed agreements to sell the Ace Hotel and Theater Downtown Los Angeles for a sales price of $117 million and the Hilton São Paulo Morumbi for a sales price of approximately $125 million. Both of these hotel sales will be payable in cash at closing and are subject to customary closing adjustments.

In October 2019, we executed an agreement to terminate the ground lease on the Hilton Sheffield Hotel. The termination is expected to occur prior to January 31, 2020.

 

18

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The following discussion and analysis of the financial condition and results of operations of Park Hotels & Resorts Inc. (“we,” “us,” “our” or the “Company”) should be read in conjunction with the accompanying unaudited condensed consolidated financial statements, related notes included elsewhere in this Quarterly Report on Form 10-Q, and with our Annual Report on Form 10-K for the year ended December 31, 2018.

Forward-Looking Statements

This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”). Forward-looking statements include all statements that are not historical facts, and in some cases, can be identified by the use of forward-looking terminology such as the words “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words.

All such forward-looking statements are based on current expectations of management and therefore involve estimates and assumptions that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed in the statements. Forward-looking statements include, but are not limited to, statements related to our current expectations regarding the performance of our business, financial results, liquidity and capital resources, the effects of competition and the effects of future legislation or regulations, the declaration and payment of future dividends, statements about our acquisition of Chesapeake Lodging Trust (“Chesapeake”) and statements that address operating performance, events or developments that we expect or anticipate will occur in the future, including but not limited to statements regarding anticipated synergies or cost savings, future financial and operating results, plans, objectives, expectations and intentions, creation of value for stockholders, benefits of the acquisition of Chesapeake to customers, employees, stockholders and other constituents of the combined company, the integration of Chesapeake, the effects of industry, market, economic, political or regulatory conditions outside of our control and other non-historical statements. You should not put undue reliance on any forward-looking statements and we urge investors to carefully review the disclosures we make concerning risk and uncertainties in Item 1A: “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2018, our Quarterly Reports on Form 10-Q and our, Current Reports on Form 8-K. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Overview

We have a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. After giving effect to our acquisition of Chesapeake in September 2019, we currently hold investments in entities that have ownership or leasehold interests in 66 hotels, consisting of premium-branded hotels and resorts with over 35,000 rooms, of which over 86% are luxury and upper upscale (as defined by Smith Travel Research) and over 97% are located in the U.S. Our high-quality portfolio includes hotels in major urban and convention areas, such as New York City, Washington, D.C., Chicago, San Francisco, Boston, New Orleans and Denver; premier resorts in key leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; and hotels adjacent to major gateway airports, such as Los Angeles International, Boston Logan International and Miami International, as well as hotels in select suburban locations.

 

Our objective is to be the preeminent lodging real estate investment trust (“REIT”), focused on consistently delivering superior, risk-adjusted returns to stockholders through active asset management and a thoughtful external growth strategy while maintaining a strong and flexible balance sheet. As a pure-play real estate company with direct access to capital and independent financial resources, we believe our enhanced ability to implement compelling return on investment initiatives within our portfolio represents a significant embedded growth opportunity. Finally, given our scale and investment expertise, we believe we will be able to successfully execute single-asset and portfolio acquisitions and dispositions to further enhance the value and diversification of our assets throughout the lodging cycle, including potentially taking advantage of the economies of scale that could come from consolidation in the lodging REIT industry.

We operate our business through two operating segments, our consolidated hotels and unconsolidated hotels. Our consolidated hotels operating segment is our only reportable segment. Refer to Note 12: “Business Segment Information” in our unaudited condensed consolidated financial statements included elsewhere within this Quarterly Report on Form 10-Q for additional information regarding our operating segments.

19

 

Outlook

 

Gross domestic product (“GDP”) increased 1.9% during the third quarter of 2019 due to increases in federal, state and local government spending, personal consumption expenditures, residential fixed investments, and exports. Non-residential fixed business investment, a leading indicator of RevPAR performance, declined 3% during the quarter. Despite this decline, RevPAR for our comparable hotels increased 1.9% and 2.3% for the three and nine months ended September 30, 2019, respectively.  Our ability to experience continued RevPAR growth during the remainder of 2019 depends on various factors, including the strength of group and transient demand and the timing of completion of renovation projects at several of our hotels.  In addition, RevPAR growth and profitability will depend on several macroeconomic factors, including corporate profitability, consumer confidence, employment (and resulting increase in wages) and GDP growth, coupled with supply growth and increased popularity of online booking services and short-term lodging websites.

Recent Events

On September 18, 2019, pursuant to the terms and subject to the conditions set forth in the Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 5, 2019, by and among the Company, PK Domestic Property LLC, an indirect subsidiary of the Company (“Domestic”), PK Domestic Sub LLC, a wholly-owned subsidiary of Domestic (“Merger Sub”) and Chesapeake, Chesapeake merged with and into Merger Sub (the “Merger”). We continue to be led by the senior management team that was leading the Company prior to the Merger.

 

Key Business Metrics Used by Management

Occupancy

Occupancy represents the total number of room nights sold divided by the total number of room nights available at a hotel or group of hotels. Occupancy measures the utilization of our hotels’ available capacity. Management uses occupancy to gauge demand at a specific hotel or group of hotels in a given period. Occupancy levels also help us determine achievable Average Daily Rate (“ADR”) levels as demand for rooms increases or decreases.

Average Daily Rate

ADR represents rooms revenue divided by total number of room nights sold in a given period. ADR measures average room price attained by a hotel and ADR trends provide useful information concerning the pricing environment and the nature of the customer base of a hotel or group of hotels. ADR is a commonly used performance measure in the hotel industry, and we use ADR to assess pricing levels that we are able to generate by type of customer, as changes in rates have a more pronounced effect on overall revenues and incremental profitability than changes in occupancy, as described above.

Revenue per Available Room

Revenue per Available Room (“RevPAR”) represents rooms revenue divided by the total number of room nights available to guests for a given period. We consider RevPAR to be a meaningful indicator of our performance as it provides a metric correlated to two primary and key factors of operations at a hotel or group of hotels: occupancy and ADR. RevPAR is also a useful indicator in measuring performance over comparable periods for comparable hotels.

References to RevPAR, ADR and occupancy are presented on a comparable basis and references to RevPAR and ADR are presented on a currency neutral basis (prior periods are reflected using current period exchange rates), unless otherwise noted.

Comparable Hotels Data

We present certain data for our hotels on a comparable hotel basis as supplemental information for investors. We define our comparable hotels as those that: (i) were active and operating in our portfolio since January 1st of the previous year; and (ii) have not sustained substantial property damage or business interruption, have not undergone large-scale capital projects or for which comparable results are not available. We present comparable hotel results to help us and our investors evaluate the ongoing operating performance of our comparable hotels.

20

 

2019 Comparable Hotels

Of the 58 hotels that we consolidated as of September 30, 2019, 39 hotels have been classified as comparable hotels. Due to the effects of business interruption from Hurricane Maria at the Caribe Hilton in Puerto Rico during the first half of 2019, the results from that property were excluded from our comparable hotels. Our comparable hotels as of September 30, 2019 also excludes 18 hotels acquired through the Merger, one hotel returned to the lessor after the expiration of the ground lease in December 2018, and five consolidated hotels that were sold in 2019.

Comparable Hotel Operating Statistics

The following table represents the key hotel operating statistics for our comparable hotels for the three and nine months ended September 30, 2019 and 2018. This table includes information from all of the comparable hotels we owned as of September 30, 2019.

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2019

 

 

2018

 

 

Change

 

 

2019

 

 

2018

 

 

Change

 

 

Comparable RevPAR

 

$

183.51

 

 

$

180.07

 

 

 

1.9

%

 

$

184.77

 

 

$

180.57

 

 

 

2.3

%

 

Comparable Occupancy

 

 

83.7

%

 

 

83.7

%

 

 

0.0

%

pts

 

83.3

%

 

 

82.9

%

 

 

0.4

%

pts

Comparable ADR

 

$

219.16

 

 

$

215.01

 

 

 

1.9

%

 

$

221.82

 

 

$

217.75

 

 

 

1.9

%

 

 

 

Non-GAAP Financial Measures

We also evaluate the performance of our business through certain other financial measures that are not recognized under U.S. GAAP. Each of these non-GAAP financial measures should be considered by investors as supplemental measures to GAAP performance measures such as total revenues, operating profit and net income.

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA

EBITDA, presented herein, reflects net income excluding depreciation and amortization, interest income, interest expense, income taxes and interest expense, income tax and depreciation and amortization included in equity in earnings from investments in affiliates.

Adjusted EBITDA, presented herein, is calculated as EBITDA, further adjusted to exclude:

 

•

Gains or losses on sales of assets for both consolidated and unconsolidated investments;

 

•

Gains or losses on foreign currency transactions;

 

•

Transition expense related to our establishment as an independent, publicly traded company;

 

•

Transaction costs associated with hotel acquisitions or dispositions expensed during the period;

 

•

Severance expense;

 

•

Share-based compensation expense;

 

•

Casualty gains or losses and impairment losses; and

 

•

Other items that we believe are not representative of our current or future operating performance.

Hotel Adjusted EBITDA measures hotel-level results before debt service, depreciation and corporate expenses for our consolidated hotels, including both comparable and non-comparable hotels but excluding hotels owned by unconsolidated affiliates, and is a key measure of our profitability. We present Hotel Adjusted EBITDA to help us and our investors evaluate the ongoing operating performance of our consolidated hotels.

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA are not recognized terms under U.S. GAAP and should not be considered as alternatives to net income (loss) or other measures of financial performance or liquidity derived in accordance with U.S. GAAP. In addition, our definitions of EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA may not be comparable to similarly titled measures of other companies.

21

 

We believe that EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA provide useful information to investors about us and our financial condition and results of operations for the following reasons: (i) EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA are among the measures used by our management team to make day-to-day operating decisions and evaluate our operating performance between periods and between REITs by removing the effect of our capital structure (primarily interest expense) and asset base (primarily depreciation and amortization) from our operating results; and (ii) EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA are frequently used by securities analysts, investors and other interested parties as a common performance measure to compare results or estimate valuations across companies in our industry.

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA have limitations as analytical tools and should not be considered either in isolation or as a substitute for net income (loss) or other methods of analyzing our operating performance and results as reported under U.S. GAAP. Some of these limitations are:

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect our interest expense;

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect our income tax expense;

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect the effect on earnings or changes resulting from matters that we consider not to be indicative of our future operations; and

 

•

other companies in our industry may calculate EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA differently, limiting their usefulness as comparative measures.

We do not use or present EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA as measures of our liquidity or cash flow. These measures have limitations as analytical tools and should not be considered either in isolation or as a substitute for cash flow or other methods of analyzing our cash flows and liquidity as reported under U.S. GAAP. Some of these limitations are:

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect changes in, or cash requirements for, our working capital needs;

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect the cash requirements necessary to service interest or principal payments, on our indebtedness;

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect the cash requirements to pay our taxes;

 

•

EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect historical cash expenditures or future requirements for capital expenditures or contractual commitments; and

 

•

although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA do not reflect any cash requirements for such replacements.

Because of these limitations, EBITDA, Adjusted EBITDA and Hotel Adjusted EBITDA should not be considered as discretionary cash available to us to reinvest in the growth of our business or as measures of cash that will be available to us to meet our obligations.

The following table provides the components of Hotel Adjusted EBITDA:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

2019(1)

 

 

2018(1)

 

 

 

(in millions)

 

Comparable Hotel Adjusted EBITDA

 

$

172

 

 

$

163

 

 

$

556

 

 

$

537

 

Non-comparable Hotel Adjusted EBITDA

 

 

11

 

 

 

8

 

 

 

17

 

 

 

36

 

Hotel Adjusted EBITDA

 

$

183

 

 

$

171

 

 

$

573

 

 

$

573

 

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

22

 

The following table provides a reconciliation of Net income to Hotel Adjusted EBITDA:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions)

 

Net income

 

$

9

 

 

$

55

 

 

$

190

 

 

$

422

 

Depreciation and amortization expense

 

 

61

 

 

 

69

 

 

 

184

 

 

 

208

 

Interest income

 

 

(2

)

 

 

(2

)

 

 

(5

)

 

 

(4

)

Interest expense

 

 

33

 

 

 

32

 

 

 

98

 

 

 

94

 

Income tax expense

 

 

—

 

 

 

—

 

 

 

12

 

 

 

13

 

Interest expense, income tax and depreciation and

   amortization included in equity in earnings from

   investments in affiliates

 

 

7

 

 

 

8

 

 

 

19

 

 

 

20

 

EBITDA

 

 

108

 

 

 

162

 

 

 

498

 

 

 

753

 

Gain on sales of assets, net

 

 

(1

)

 

 

(2

)

 

 

(20

)

 

 

(98

)

Loss (gain) on sale of investments in affiliates(1)

 

 

—

 

 

 

1

 

 

 

—

 

 

 

(107

)

Loss on foreign currency transactions

 

 

2

 

 

 

1

 

 

 

2

 

 

 

4

 

Transition expense

 

 

—

 

 

 

1

 

 

 

—

 

 

 

3

 

Acquisition costs

 

 

59

 

 

 

—

 

 

 

65

 

 

 

—

 

Severance expense

 

 

—

 

 

 

1

 

 

 

2

 

 

 

2

 

Share-based compensation expense

 

 

4

 

 

 

4

 

 

 

12

 

 

 

12

 

Casualty loss (gain) and impairment loss, net

 

 

8

 

 

 

(1

)

 

 

8

 

 

 

(1

)

Other items

 

 

—

 

 

 

1

 

 

 

(4

)

 

 

2

 

Adjusted EBITDA

 

 

180

 

 

 

168

 

 

 

563

 

 

 

570

 

Less: Adjusted EBITDA from investments in affiliates

 

 

9

 

 

 

10

 

 

 

31

 

 

 

36

 

Less: All other(2)

 

 

(12

)

 

 

(13

)

 

 

(41

)

 

 

(39

)

Hotel Adjusted EBITDA

 

$

183

 

 

$

171

 

 

$

573

 

 

$

573

 

 

(1)

Included in other gain (loss), net.

(2)

Includes other revenues and other expenses, non-income taxes on TRS leases included in other property-level expenses and corporate general and administrative expenses.

Nareit FFO attributable to stockholders and Adjusted FFO attributable to stockholders

We present Nareit FFO attributable to stockholders and Nareit FFO per diluted share (defined as set forth below) as non-GAAP measures of our performance. We calculate funds from operations (“FFO”) attributable to stockholders for a given operating period in accordance with standards established by the National Association of Real Estate Investment Trusts (“Nareit”), as net income or loss attributable to stockholders (calculated in accordance with U.S. GAAP), excluding depreciation and amortization, gains or losses on sales of assets, impairment, and the cumulative effect of changes in accounting principles, plus adjustments for unconsolidated joint ventures. Adjustments for unconsolidated joint ventures are calculated to reflect our pro rata share of the FFO of those entities on the same basis. As noted by Nareit in its December 2018 “Nareit Funds from Operations White Paper – 2018 Restatement,” since real estate values historically have risen or fallen with market conditions, many industry investors have considered presentation of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. For these reasons, Nareit adopted the FFO metric in order to promote an industry-wide measure of REIT operating performance. We believe Nareit FFO provides useful information to investors regarding our operating performance and can facilitate comparisons of operating performance between periods and between REITs. Our presentation may not be comparable to FFO reported by other REITs that do not define the terms in accordance with the current Nareit definition, or that interpret the current Nareit definition differently than we do. We calculate Nareit FFO per diluted share as our Nareit FFO divided by the number of fully diluted shares outstanding during a given operating period.

We also present Adjusted FFO attributable to stockholders and Adjusted FFO per diluted share when evaluating our performance because we believe that the exclusion of certain additional items described below provides useful supplemental information to investors regarding our ongoing operating performance. Management historically has made the adjustments detailed below in evaluating our performance and in our annual budget process. We believe that the presentation of Adjusted FFO provides useful supplemental information that is beneficial to an investor’s complete understanding of our operating performance. We adjust Nareit FFO attributable to stockholders for the following items, which may occur in any period, and refer to this measure as Adjusted FFO attributable to stockholders:

 

•

Gains or losses on foreign currency transactions;

23

 

 

•

Transition expense related to our establishment as an independent, publicly traded company;

 

•

Transaction costs associated with hotel acquisitions or dispositions expensed during the period;

 

•

Severance expense;

 

•

Share-based compensation expense;

 

•

Casualty gains or losses; and

 

•

Other items that we believe are not representative of our current or future operating performance.

The following table provides a reconciliation of net income attributable to stockholders to Nareit FFO attributable to stockholders and Adjusted FFO attributable to stockholders:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions, except per share amounts)

 

Net income attributable to stockholders

 

$

5

 

 

$

52

 

 

$

183

 

 

$

418

 

Depreciation and amortization expense

 

 

61

 

 

 

69

 

 

 

184

 

 

 

208

 

Depreciation and amortization expense attributable to

   noncontrolling interests

 

 

(1

)

 

 

(1

)

 

 

(3

)

 

 

(3

)

Gain on sales of assets, net

 

 

(1

)

 

 

(2

)

 

 

(20

)

 

 

(98

)

Loss (gain) on sale of investments in affiliates(1)

 

 

—

 

 

 

1

 

 

 

—

 

 

 

(107

)

Equity investment adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity in earnings from investments in affiliates

 

 

(3

)

 

 

(4

)

 

 

(18

)

 

 

(16

)

Pro rata FFO of investments in affiliates

 

 

6

 

 

 

8

 

 

 

27

 

 

 

28

 

Nareit FFO attributable to stockholders

 

 

67

 

 

 

123

 

 

 

353

 

 

 

430

 

Loss on foreign currency transactions

 

 

2

 

 

 

1

 

 

 

2

 

 

 

4

 

Casualty loss (gain), net

 

 

7

 

 

 

(1

)

 

 

7

 

 

 

(1

)

Transition expense

 

 

—

 

 

 

1

 

 

 

—

 

 

 

3

 

Acquisition costs

 

 

59

 

 

 

—

 

 

 

65

 

 

 

—

 

Severance expense

 

 

—

 

 

 

1

 

 

 

2

 

 

 

2

 

Share-based compensation expense

 

 

4

 

 

 

4

 

 

 

12

 

 

 

12

 

Other items

 

 

1

 

 

 

3

 

 

 

(1

)

 

 

6

 

Adjusted FFO attributable to stockholders

 

$

140

 

 

$

132

 

 

$

440

 

 

$

456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nareit FFO per share - Diluted(2)

 

$

0.33

 

 

$

0.61

 

 

$

1.73

 

 

$

2.10

 

Adjusted FFO per share - Diluted(2)

 

$

0.68

 

 

$

0.65

 

 

$

2.16

 

 

$

2.23

 

 

(1)

Included in other gain (loss), net.

(2)

Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.

 

 

Results of Operations

The following items have had a significant effect on the year-over-year comparability of our operations and are further discussed in the sections below:

 

•

Property Dispositions: During the nine months ended September 30, 2019 and 2018, we sold 5 and 12 consolidated hotels, respectively. Additionally, as of January 2019, we no longer lease the Hilton Chicago O’Hare.  The results of operations during our period of ownership of these hotels are included within non-comparable revenues and operating expenses.

 

•

Property Acquisitions: On September 18, 2019, we acquired 18 hotels through the Merger.  The results of operations during our period of ownership of these hotels are included within non-comparable revenues and operating expenses.

24

 

Revenue

Rooms

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable rooms revenue

 

$

408

 

 

$

401

 

 

 

1.7

%

 

$

1,220

 

 

$

1,193

 

 

 

2.3

%

Non-comparable rooms revenue

 

 

23

 

 

 

28

 

 

 

(17.9

)

 

 

51

 

 

 

105

 

 

 

(51.4

)

Total rooms revenue

 

$

431

 

 

$

429

 

 

 

0.5

%

 

$

1,271

 

 

$

1,298

 

 

 

(2.1

)%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

 

Comparable rooms revenue increased $7 million and $27 million during the three and nine months ended September 30, 2019, respectively, compared to the same periods in 2018 primarily as a result of an increase in comparable hotel RevPAR of 1.9% and 2.3%, respectively. The increase in RevPAR during the three months ended September 30, 2019 was primarily due to an increase in group revenue of 20.7% partially offset by a decrease in transient revenue of 4.8%. The increase in group revenue was primarily a result of an increase in demand and rate. The increase in RevPAR during the nine months ended September 30, 2019 was primarily due to increases in group and contract revenues of 8.5% and 8.6%, respectively, partially offset by a decrease in transient revenue of 1.5%. The increase in group and contract revenue was a result of increases in both demand and rate.

 

During the three and nine months ended September 30, 2019, the overall increase in RevPAR for our comparable hotels was primarily a result of increases at our Hawaii and Southern California hotels.  Our Hawaii hotels experienced an increase in RevPAR of 13.0% and 4.5% during the three and nine months ended September 30, 2019, respectively, primarily due to an increase in rate and occupancy from both group and transient business at the Hilton Waikoloa Village which previously experienced disruption caused by the 2018 volcanic activity on the Big Island beginning in May of 2018. Southern California benefited primarily from a 7.4% and 23.1% RevPAR increase at the Hilton Santa Barbara Beachfront Resort during the three and nine months ended September 30, 2019, respectively, from an increase in occupancy and rate following the renovation and repositioning of the hotel completed in April 2018.  Additionally, RevPAR at our Northern California hotels increased during the nine months ended September 30, 2019 primarily from a combined 23% increase in group revenue at the Hilton San Francisco Union Square and Parc 55 San Francisco.

 

The overall increase in RevPAR for our comparable hotels was partially offset by declines in RevPAR at our Florida and Chicago hotels. During the three and nine months ended September 30, 2019, the decline at our Florida hotels was primarily attributable to renovation displacement at The Reach, A Waldorf Astoria Resort, which is undergoing a conversion to a Curio branded hotel and rooms renovation at the Hilton Orlando Bonnet Creek in connection with its conversion to a Signia Hilton branded hotel. The decrease in transient revenue at our Florida hotels was partially offset by an increase in group revenue at the Waldorf Astoria Orlando due to an increase in group demand and an increase in transient demand at Casa Marina, A Waldorf Astoria Resort during the three and nine months ended September 30, 2019 as well as an increase in group demand during the three months ended September 30, 2019. The decline in RevPAR in our Chicago hotels was primarily a result of a decrease in transient revenue of 26% and 10%, respectively. Additionally, RevPAR at our Northern California hotels decreased during the three months end September 30, 2019 primarily as a result of a decrease in transient revenue resulting from lower rates, partially offset by an increase in group business.

 

Non-comparable rooms revenue decreased $5 million and $54 million during the three and nine months ended September 30, 2019, respectively, primarily as a result of our property dispositions, partially offset by an increase of $17 million contributed by the hotels acquired through the Merger.

Food and beverage

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable food and beverage revenue

 

$

149

 

 

$

133

 

 

 

12.0

%

 

$

518

 

 

$

492

 

 

 

5.3

%

Non-comparable food and beverage revenue

 

 

7

 

 

 

11

 

 

 

(36.4

)

 

 

16

 

 

 

40

 

 

 

(60.0

)

Total food and beverage revenue

 

$

156

 

 

$

144

 

 

 

8.3

%

 

$

534

 

 

$

532

 

 

 

0.4

%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

 

25

 

Comparable food and beverage revenue increased $16 million during the three months ended September 30, 2019 and increased $26 million during the nine months ended September 30, 2019, compared to the same periods in 2018 primarily as a result of an increase in banquet and catering revenue. Food and beverage revenue at our non-comparable hotels decreased $4 million and $24 million during the three and nine months ended September 30, 2019, respectively, primarily as a result of our property dispositions, partially offset by an increase of $5 million contributed by the hotels acquired through the Merger.

Ancillary hotel

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable ancillary hotel revenue

 

$

55

 

 

$

50

 

 

 

10.0

%

 

$

156

 

 

$

144

 

 

 

8.3

%

Non-comparable ancillary hotel revenue

 

 

8

 

 

 

10

 

 

 

(20.0

)

 

 

14

 

 

 

24

 

 

 

(41.7

)

Total ancillary hotel revenue

 

$

63

 

 

$

60

 

 

 

5.0

%

 

$

170

 

 

$

168

 

 

 

1.2

%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

Ancillary hotel revenue at our comparable hotels increased $5 million and $12 million during the three and nine months ended September 30, 2019, respectively, compared to the same periods in 2018 as a result of an increase in resort and parking fees. Ancillary revenue at our non-comparable hotels decreased $2 million and $10 million during the three and nine months ended September 30, 2019, respectively, primarily as a result of our property dispositions, partially offset by an increase of $1 million contributed by the hotels acquired through the Merger.  

Other

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

Percent Change

 

 

2019

 

 

2018

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Laundry revenue

 

$

3

 

 

$

4

 

 

 

(25.0

)%

 

$

9

 

 

$

11

 

 

 

(18.2

)%

Support service revenue

 

 

19

 

 

 

15

 

 

 

26.7

 

 

 

50

 

 

 

42

 

 

 

19.0

 

Total other revenue

 

$

22

 

 

$

19

 

 

 

15.8

%

 

$

59

 

 

$

53

 

 

 

11.3

%

 

Support service revenue increased during the three and nine months ended September 30, 2019 primarily due to an increase in reimbursable costs from the services agreements at the Hilton Hawaiian Village Waikiki Beach Resort.

Operating Expenses

Rooms

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable rooms expense

 

$

108

 

 

$

105

 

 

 

2.9

%

 

$

320

 

 

$

310

 

 

 

3.2

%

Non-comparable rooms expense

 

 

6

 

 

 

8

 

 

 

(25.0

)

 

 

14

 

 

 

27

 

 

 

(48.1

)

Total rooms expense

 

$

114

 

 

$

113

 

 

 

0.9

%

 

$

334

 

 

$

337

 

 

 

(0.9

)%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

 

Rooms expense at our comparable hotels increased $3 million and $10 million for the three and nine months ended September 30, 2019, respectively. Room expense increased during the nine months primarily due to an increase in occupancy. Non-comparable rooms expense decreased $2 million and $13 million during the three and nine months ended September 30, 2019, respectively, compared to the same periods in 2018 as a result of our property dispositions, partially offset by an increase of $4 million from the hotels acquired through the Merger.

26

 

Food and beverage

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable food and beverage expense

 

$

111

 

 

$

103

 

 

 

7.8

%

 

$

358

 

 

$

342

 

 

 

4.7

%

Non-comparable food and beverage expense

 

 

6

 

 

 

8

 

 

 

(25.0

)

 

 

13

 

 

 

26

 

 

 

(50.0

)

Total food and beverage expense

 

$

117

 

 

$

111

 

 

 

5.4

%

 

$

371

 

 

$

368

 

 

 

0.8

%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

 

Food and beverage expense at our comparable hotels increased $8 million and $16 million during the three and nine months ended September 30, 2019 compared to the same periods in 2018 primarily as a result of increases in banquet and catering expenses associated with the increase in associated revenues. Non-comparable food and beverage expense decreased $2 million and $13 million during the three and nine months ended September 30, 2019 compared to the same periods in 2018 primarily as a result of our property dispositions, partially offset by an increase of $3 million from the hotels acquired through the Merger.

Other departmental and support

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable other departmental and support expense

 

$

142

 

 

$

137

 

 

 

3.6

%

 

$

425

 

 

$

414

 

 

 

2.7

%

Non-comparable other departmental and support

   expense

 

 

11

 

 

 

20

 

 

 

(45.0

)

 

 

28

 

 

 

55

 

 

 

(49.1

)

Total other departmental and support expense

 

$

153

 

 

$

157

 

 

 

(2.5

)%

 

$

453

 

 

$

469

 

 

 

(3.4

)%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

Other departmental and support expense at our comparable hotels increased $5 million and $11 million during the three and nine months ended September 30, 2019, respectively, compared to the same periods in 2018 as a result of increases in administrative and general and sales and marketing expenses primarily as a result of an increase in business.  Other departmental and support expense at our non-comparable hotels decreased $9 million and $27 million during the three and nine months ended September 30, 2019, respectively compared to the same periods in 2018 primarily as a result of our property dispositions, partially offset by an increase of $6 million from the hotels acquired through the Merger.

Other property-level

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable other property-level expense

 

$

51

 

 

$

48

 

 

 

6.3

%

 

$

146

 

 

$

139

 

 

 

5.0

%

Non-comparable other property-level expense

 

 

3

 

 

 

6

 

 

 

(50.0

)

 

 

6

 

 

 

18

 

 

 

(66.7

)

Total other property-level expense

 

$

54

 

 

$

54

 

 

 

—

 

 

$

152

 

 

$

157

 

 

 

(3.2

)%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

Other property-level expenses at our comparable hotels increased $3 million and $7 million for the three and nine months ended September 30, 2019, respectively, compared to the same periods in 2018 as a result of increases in insurance and property tax expense. Other property-level expenses at our non-comparable hotels decreased $3 million and $12 million during the three and nine months ended September 30, 2019, respectively, compared to the same periods in 2018 primarily as a result of our property dispositions, partially offset by an increase of $1 million from the hotels acquired through the Merger.  

 

27

 

Management fees

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

2019(1)

 

 

2018(1)

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Comparable management fees expense

 

$

30

 

 

$

30

 

 

 

—

%

 

$

97

 

 

$

95

 

 

 

2.1

%

Non-comparable management fees expense

 

 

2

 

 

 

2

 

 

 

—

 

 

 

4

 

 

 

8

 

 

 

(50.0

)

Total management fees expense

 

$

32

 

 

$

32

 

 

 

—

 

 

$

101

 

 

$

103

 

 

 

(1.9

)%

 

(1)

Based on our 2019 comparable hotels as of September 30, 2019.

 

Management fees at our non-comparable hotels remained the same for the three months ended September 30, 2019 and decreased $4 million for the nine months ended September 30, 2019, compared to the same periods in 2018 primarily as a result of our property dispositions, partially offset by an increase of $1 million from the hotels acquired through the Merger.

Corporate general and administrative

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

Percent Change

 

 

2019

 

 

2018

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

General and administrative expenses

 

$

10

 

 

$

11

 

 

 

(9.1

)%

 

$

33

 

 

$

31

 

 

 

6.5

%

Share-based compensation expense

 

 

4

 

 

 

4

 

 

 

—

 

 

 

12

 

 

 

12

 

 

 

—

 

Transition expense

 

 

—

 

 

 

1

 

 

 

(100.0

)

 

 

—

 

 

 

3

 

 

 

(100.0

)

Disposition costs

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

 

 

—

 

 

 

100.0

 

Severance expense

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

 

 

1

 

 

 

—

 

Total corporate general and administrative

 

$

14

 

 

$

16

 

 

 

(12.5

)%

 

$

47

 

 

$

47

 

 

 

—

%

 

Acquisition costs

Acquisition costs of $59 million and $65 million for the three and nine months ended September 30, 2019, respectively, relate to costs incurred in connection with the Merger with Chesapeake.

Other

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

Percent Change

 

 

2019

 

 

2018

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

(in millions)

 

 

 

 

 

Laundry expense

 

$

4

 

 

$

5

 

 

 

(20.0

)%

 

$

13

 

 

$

14

 

 

 

(7

)%

Support services expense

 

 

19

 

 

 

14

 

 

 

35.7

 

 

 

48

 

 

 

40

 

 

 

20.0

 

Total other

 

$

23

 

 

$

19

 

 

 

21

%

 

$

61

 

 

$

54

 

 

 

13.0

%

 

Support service expense increased during the three and nine months ended September 30, 2019 primarily due to an increase in costs incurred for the services agreements at the Hilton Hawaiian Village Waikiki Beach Resort.

 

Gain on sales of assets, net

During the nine months ended September 30, 2019, we recognized a net gain of $20 million as a result of the sale of five of our consolidated hotels. Refer to Note 3: “Acquisitions and Dispositions” in our unaudited condensed consolidated financial statements included elsewhere within this Quarterly Report on Form 10-Q for additional information.

During the nine months ended September 30, 2018, we recognized a net gain of $98 million, including the reclassification of a currency translation adjustment of $31 million from accumulated other comprehensive loss to earnings, as a result of the sale of 12 of our consolidated hotels.

28

 

Non-operating Income and Expenses

Interest expense

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

Percent Change

 

 

2019

 

 

2018

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SF and HHV CMBS Loans(1)

 

$

21

 

 

$

21

 

 

 

—

%

 

$

63

 

 

$

63

 

 

 

—

%

Mortgage Loans

 

 

3

 

 

 

2

 

 

 

50.0

 

 

 

7

 

 

 

6

 

 

 

16.7

 

2016 Term Loan

 

 

7

 

 

 

7

 

 

 

—

 

 

 

22

 

 

 

19

 

 

 

15.8

 

2019 Term Facility(2)

 

 

1

 

 

 

—

 

 

 

100.0

 

 

 

1

 

 

 

—

 

 

 

100.0

 

Other

 

 

1

 

 

 

2

 

 

 

(50.0

)

 

 

5

 

 

 

6

 

 

 

(16.7

)

Total interest expense

 

$

33

 

 

$

32

 

 

 

3.1

%

 

$

98

 

 

$

94

 

 

 

4.3

%

 

(1)

In October 2016, we entered into a $725 million CMBS loan secured by the Hilton San Francisco Union Square and the Parc 55 Hotel San Francisco (“SF CMBS Loan”) and a $1.275 billion CMBS loan secured by the Hilton Hawaiian Village Waikiki Beach Resort (“HHV CMBS Loan”).

(2)

In August 2019, the Company, Park Intermediate Holdings LLC (our “Operating Company”) and Domestic entered into a credit agreement with Bank of America, N.A. and certain other lenders, providing a $950 million unsecured delayed draw term loan facility (the “2019 Term Facility”), with the $850 million, five-year delayed draw term loan tranche fully drawn on September 18, 2019 to fund the Merger.  The $100 million, two-year delayed draw term loan tranche was unfunded and the commitments thereunder terminated on September 18, 2019.

Interest expense increased as a result of $310 million in mortgage loans assumed in connection with the Merger and borrowings under the 2019 Term Facility to fund the Merger.

Income tax expense

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

Percent Change

 

 

2019

 

 

2018

 

 

Percent Change

 

 

 

(in millions)

 

 

(in millions)

 

Income tax expense

 

$

—

 

 

$

—

 

 

 

0.0

%

 

$

(12

)

 

$

(13

)

 

 

(7.7

)%

 

Income tax expense for the nine months ended September 30, 2019 includes $7 million of income tax liabilities primarily associated with our taxable REIT subsidiaries as compared to $9 million for the nine months ended September 30, 2018. Income tax expense for the nine months ended September 30, 2019 also includes $2 million of built-in gain tax recognized on the hotels disposed of during 2019, beyond that of our previously recognized deferred tax liabilities as compared to $6 million for the nine months ended September 30, 2018.

 

Liquidity and Capital Resources

Overview

Our sources of liquidity include cash flows from operations, cash and cash equivalents, borrowings under our revolving credit facility (“Revolver”), uncommitted additional borrowings under our 2019 Term Facility and issuing securities.  As of September 30, 2019, we had total cash and cash equivalents of $321 million and $43 million of restricted cash. Restricted cash primarily consists of cash restricted as to use by our debt agreements and reserves for capital expenditures in accordance with certain of our management agreements. In addition, we had $1 billion of available capacity remaining under our Revolver and the ability to raise capital through the issuance of securities under our shelf-registration statement on Form S-3.

Our known short-term liquidity requirements primarily consist of funds necessary to pay for operating expenses and other expenditures, including reimbursements to our hotel manager for payroll and related benefits, costs associated with the operation of our hotels, interest and scheduled principal payments on our outstanding indebtedness, capital expenditures for renovations and maintenance at our hotels, and dividends to our stockholders. Our long-term liquidity requirements primarily consist of funds necessary to pay for scheduled debt maturities, capital improvements at our hotels, and costs associated with potential acquisitions.

Our commitments to fund capital expenditures for renovations and maintenance at our hotels will be funded by cash and cash equivalents, restricted cash to the extent permitted by our lending agreements and cash flow from operations. We have established reserves for capital expenditures (“FF&E reserve”) in accordance with our management and certain debt agreements. Generally, these agreements require that we fund 4% of hotel revenues into a FF&E reserve, unless such amounts have been incurred.

29

 

We finance our business activities primarily with existing cash and cash generated from our operations, and if necessary, short-term borrowing under our Revolver, or proceeds from public offerings of other securities. We believe that this cash will be adequate to meet anticipated requirements for operating expenses and capital expenditures for the foreseeable future. Our cash management objectives are to maintain the availability of liquidity, minimize operational costs, make debt payments and fund our capital expenditure programs and future acquisitions. Further, we have an investment policy that is focused on the preservation of capital and maximizing the return on new and existing investments.

Merger with Chesapeake

On September 18, 2019, the Merger was completed pursuant to the terms and subject to the conditions set forth in the Merger Agreement, and Chesapeake merged with and into Merger Sub. Each of Chesapeake’s common shares of beneficial interest, $0.01 par value per share, was converted into $11.00 in cash and 0.628 of a share of our common stock. No fractional shares of our common stock were issued in the Merger. The value of any fractional interests to which a Chesapeake shareholder would otherwise have been entitled was paid in cash. In August 2019, we entered into the 2019 Term Facility, which provided a $950 million Term Facility, with the $850 million, five-year delayed draw term loan tranche under the 2019 Term Facility fully drawn on September 18, 2019 to fund the Merger. The $100 million, two-year delayed draw term loan tranche under the 2019 Term Facility was not funded and the commitments thereunder terminated on September 18, 2019. Refer to Note 1: “Organization” and Note 6: “Debt” in our unaudited condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q for additional information.

 

We anticipate an increase in cash outflows as a result of the increased dividend payment requirements with respect to the 37.8 million shares of our common stock issued to Chesapeake common shareholders on September 18, 2019 as part of the consideration for the Merger. We expect to fund the dividends from increased cash flows generated from the hotels acquired in the Merger.

Stock Repurchase Program

In February 2019, our Board of Directors approved a stock repurchase program allowing us to repurchase up to $300 million of our common stock over a two-year period, ending in February 2021.  Stock repurchases, if any, would be made through open market purchases, including through Rule 10b5-1 trading programs, in privately negotiated transactions, or in such other manner that would comply with applicable securities laws. The timing of stock repurchases and the number of shares to be repurchased will depend upon prevailing market conditions and other factors. No stock repurchases have been made to date under this program.

Sources and Uses of Our Cash and Cash Equivalents

The following tables summarize our net cash flows and key metrics related to our liquidity:

 

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

Percent Change

 

 

 

(in millions)

 

 

 

 

 

Net cash provided by operating activities

 

$

349

 

 

$

295

 

 

 

18.3

%

Net cash (used in) provided by investing activities

 

 

(855

)

 

 

473

 

 

NM(1)

 

Net cash provided by (used in) financing activities

 

 

445

 

 

 

(730

)

 

NM(1)

 

 

(3)

Percentage change is not meaningful.

Operating Activities

Cash flow from operating activities are primarily generated from the operating income generated at our hotels.

The $54 million increase in net cash provided by operating activities for the nine months ended September 30, 2019 compared to the nine months ended September 30, 2018 was primarily due to the timing of receipts from our customers and payments to our vendors and other third parties and an increase in cash from the hotels acquired in the Merger, coupled with a decrease in income tax payments of $44 million.

Investing Activities

The $855 million in net cash used in investing activities for the nine months ended September 30, 2019 was primarily attributable to the $913 million used in the acquisition of Chesapeake and $184 million used for capital expenditures for property and equipment at our hotels, partially offset by $230 million in net proceeds received from the sale of hotels.  

30

 

The $473 million in net cash provided by investing activities for the nine months ended September 30, 2018 was primarily attributable to the $519 million in net proceeds received from the sale of hotels, partially offset by $133 million used for capital expenditures for property and equipment at our hotels.  

Financing Activities

The $445 million in net cash provided by financing activities for the nine months ended September 30, 2019  is primarily attributable to borrowings of $850 million from the 2019 Term Facility entered into in September 2019 to fund the Merger, partially offset by $382 million in dividends paid.

The $730 million in net cash used in financing activities for the nine months ended September 30, 2018 is primarily attributable to the repurchase of 14,000,000 shares of our common stock for $348 million during the three months ended March 31, 2018, coupled with $379 million in dividends paid.

Dividends

As a REIT, we are required to distribute at least 90% of our REIT taxable income, determined without regard to the deduction for dividends paid and excluding net capital gain, to our stockholders on an annual basis. Therefore, as a general matter, it is unlikely that we will be able to retain substantial cash balances that could be used to meet our liquidity needs from our annual taxable income. Instead, we will need to meet these needs from external sources of capital and amounts, if any, by which our cash flow generated from operations exceeds taxable income.

We declared the following dividends to holders of our common stock during 2019:

 

Record Date

 

Payment Date

 

Dividend per Share

 

March 29, 2019

 

April 15, 2019

 

$

0.45

 

June 28, 2019

 

July 15, 2019

 

$

0.45

 

September 30, 2019

 

October 15, 2019

 

$

0.45

 

Debt

As of September 30, 2019, our total indebtedness was approximately $4 billion, including approximately $310 million assumed in the Merger, and excluding approximately $234 million of our share of debt of investments in affiliates. Substantially all the debt of such unconsolidated affiliates is secured solely by the affiliates’ assets or is guaranteed by other partners without recourse to us. Refer to Note 6: “Debt” in our unaudited condensed consolidated financial statements included elsewhere within this Quarterly Report on Form 10-Q for additional information.

Off-Balance Sheet Arrangements

Our off-balance sheet arrangements as of September 30, 2019 included construction contract commitments of approximately $68 million for capital expenditures at our properties. Our contracts contain clauses that allow us to cancel all or some portion of the work. If cancellation of a contract occurred, our commitment would be any costs incurred up to the cancellation date, in addition to any costs associated with the discharge of the contract.

 

Critical Accounting Policies and Estimates

The preparation of our financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of our financial statements, the reported amounts of revenues and expenses during the reporting periods and the related disclosures in our condensed consolidated financial statements and accompanying footnotes. We have discussed those policies and estimates that we believe are critical and require the use of complex judgment in their application in our Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission on February 28, 2019. There have been no material changes to our critical accounting policies or the methods or assumptions we apply.

 

31

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

We are exposed to market risk primarily from changes in interest rates, which may affect our future income, cash flows and fair value, depending on changes to interest rates. In certain situations, we may seek to reduce cash flow volatility associated with changes in interest rates by entering into financial arrangements intended to provide a hedge against a portion of the risks associated with such volatility. We continue to have exposure to such risks to the extent they are not hedged.

Item 4. Controls and Procedures.

 

Evaluation of Disclosure Controls and Procedures

 

Our management has evaluated, under the supervision and with the participation of the Company's Chief Executive Officer and Chief Financial Officer, the effectiveness of the disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended, the (“Exchange Act”), as required by paragraph (b) of Rules 13a-15 and 15d-15 of the Exchange Act. Based on this evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of September 30, 2019, our disclosure controls and procedures were effective to ensure that information we are required to disclose in reports filed or submitted with the SEC (i) is recorded, processed, summarized and reported within the time periods specified in the SEC rules and forms and (ii) is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding disclosure.

Changes in Internal Control over Financial Reporting

 

On September 18, 2019, we completed the Merger, and we are currently in the process of integrating Chesapeake’s operations into our internal control structure. We do not believe that any of these integration activities will have a material effect to our internal control over financial reporting. There were no other changes in our internal control over financial reporting during our most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

32

 

PART II. OTHER INFORMATION

We are involved in various claims and lawsuits arising in the ordinary course of business or otherwise, some of which include claims for substantial sums, including proceedings involving tort and other general liability claims, employee claims and consumer protection claims. Most occurrences involving liability, claims of negligence and employees are covered by insurance with solvent insurance carriers. For those matters not covered by insurance, which include commercial matters, we recognize a liability when we believe the loss is probable and can be reasonably estimated. The ultimate results of claims and litigation cannot be predicted with certainty. We believe we have adequate reserves against such matters. We currently believe that the ultimate outcome of such lawsuits and proceedings will not, individually or in the aggregate, have a material adverse effect on our consolidated financial position, results of operations or liquidity. However, depending on the amount and timing, an unfavorable resolution of some or all of these matters could materially affect our future results of operations in a particular period.

 

Following the May 6, 2019 announcement that we and Chesapeake had entered into the Merger Agreement, two purported shareholder class actions were filed in the United States District Court for the District of Delaware captioned: Kent v. Chesapeake Lodging Trust, et al., No. 1:19-cv-01201 (D.Del.) (filed June 25, 2019) (the “Kent Action”) and Terlinden v. Chesapeake Lodging Trust, et al., No. 1;19-cv-01263 (D.Del.) (filed July 8, 2019). The complaint in each case alleged purported violations of the federal securities laws and named as defendants Chesapeake, the individual members of the Chesapeake board of trustees, the Company, Domestic, and Merger Sub. The plaintiffs alleged that Chesapeake and the individual defendants violated Section 14(a) of the Exchange Act, and Rule 14a-9 promulgated thereunder, by providing inadequate disclosure regarding the proposed merger in the Form S-4 Registration Statement filed with the SEC on June 14, 2019 (the “Registration Statement”). The plaintiffs also alleged that the individual defendants, the Company, Domestic and Merger Sub violated Section 20(a) of the Exchange Act. Plaintiffs sought, among other things, to enjoin or rescind the merger, an award of damages in the event the merger is consummated and an award of costs and attorneys’ fees. While we believe that these claims were without merit, in order to avoid the risk of these claims delaying or adversely affecting the Merger, to minimize the costs, risks and uncertainties inherent in litigation, and without admitting any liability or wrongdoing, Chesapeake agreed to amend and supplement the definitive proxy statement filed with the SEC on July 26, 2019 in connection with the Merger in a Current Report on Form 8-K filed with the SEC on September 3, 2019. The plaintiffs in these actions subsequently dismissed each case with prejudice as to the named plaintiffs only. The cases are now closed.

Item 1A. Risk Factors.

There have been no material changes from the risk factors previously disclosed in response to “Part I – Item 1A. Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2018 and the risk factors under the “Risks Related to Park Following the Merger” and “Risks Related to an Investment in Park Following the Merger” headers in “Part II – Item 1A. Risk Factors” of our Quarterly Report on Form 10-Q for the three months ended June 30, 2019, which risk factors are incorporated herein by reference.

Item 2. Unregistered Sales of Equity Securities.

2(a): Unregistered Sales of Equity Securities and Use of Proceeds

None.

 

2(b): Use of Proceeds from Registered Securities

None.

 

33

 

2(c): Purchases of Equity Securities

 

Record Date

 

Total number of

shares

purchased(1)

 

 

Weighted average

price paid

per share(1)

 

 

Total number of

shares purchased as

part of publicly

announced plans or

programs

 

Maximum number

of shares that may

yet be purchased

under the plans or

programs

January 1, 2019 through January 31, 2019

 

 

7

 

 

$

25.58

 

 

N/A

 

N/A

February 1, 2019 through February 28, 2019

 

 

77,411

 

 

$

31.82

 

 

N/A

 

N/A

March 1, 2019 through March 31, 2019

 

 

6,560

 

 

$

31.52

 

 

N/A

 

N/A

April 1, 2019 through April 30, 2019

 

 

—

 

 

$

—

 

 

N/A

 

N/A

May 1, 2019 through May 31, 2019

 

 

2,016

 

 

$

32.54

 

 

N/A

 

N/A

June 1, 2019 through June 30, 2019

 

 

29

 

 

$

27.70

 

 

N/A

 

N/A

July 1, 2019 through July 31, 2019

 

 

66

 

 

$

27.85

 

 

N/A

 

N/A

August 1, 2019 through August 31, 2019

 

 

8,820

 

 

$

26.09

 

 

N/A

 

N/A

September 1, 2019 through September 30, 2019

 

 

15,683

 

 

$

25.36

 

 

N/A

 

N/A

 

 

 

110,592

 

 

 

 

 

 

 

 

 

 

(1)

The number of shares purchased represents shares of common stock surrendered by certain of our employees to satisfy their federal and state tax obligations associated with the vesting of restricted common stock. With respect to these shares, the weighted average price paid per share is based on the closing price of our common stock on the trading date immediately prior to the date of delivery of the shares. No shares of common stock were repurchased pursuant to the previously announced stock repurchase program.

Item 3. Defaults Upon Senior Securities.

Not applicable.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None.

34

 

Item 6. Exhibits

 

Exhibit

Number

 

Description

 

 

 

  2.1

 

Distribution Agreement by and among Hilton Worldwide Holdings Inc., Park Hotels & Resorts Inc., Hilton Grand Vacations Inc. and Hilton Domestic Operating Company Inc., dated as of January 2, 2017 (incorporated by reference to Exhibit 2.1 to our Current Report on Form 8-K, filed on January 4, 2017).

 

 

 

  2.2

 

Agreement and Plan of Merger by and among Park Hotels & Resorts Inc., PK Domestic Property LLC, PK Domestic Sub LLC, and Chesapeake Lodging Trust, dated as of May 5, 2019 (incorporated by reference to Exhibit 2.1 to our Current Report on Form 8-K, filed on May 6, 2019).

 

 

 

  3.1

 

Amended and Restated Certificate of Incorporation of Park Hotels & Resorts Inc. (incorporated by reference to Exhibit 3.1 to our Current Report on Form 8-K, filed on April 30, 2019).

 

 

 

  3.2

 

Amended and Restated By-laws of Park Hotels & Resorts Inc. (incorporated by reference to Exhibit 3.1 to our Current Report on Form 8-K, filed on February 26, 2019).

 

 

 

10.1

 

Delayed Draw Term Loan Agreement, dated as of August 28, 2019, by and among Park Hotels & Resorts Inc., PK Domestic Property LLC, Park Intermediate Holdings LLC, Bank of America, N.A., as administrative agent, and the lenders party thereto (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed on September 4, 2019).

 

10.2

 

Second Amendment to Credit Agreement, dated as of August 28, 2019, by and among Park Hotels & Resorts Inc., PK Domestic Property LLC, Park Intermediate Holdings LLC, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto (incorporated by reference to Exhibit 10.2 to our Current Report on Form 8-K, filed on September 4, 2019).

 

 

 

11.1

 

Computation of Per Share Earnings from Operations (included in the notes to the unaudited financial statements contained in this Report).

 

 

 

31.1*

 

Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

31.2*

 

Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

32.1*

 

Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, furnished herewith.

 

 

 

32.2*

 

Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, furnished herewith.

 

 

 

101.INS*

 

Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

 

 

 

101.SCH*

 

Inline XBRL Taxonomy Extension Schema Document.

 

 

 

101.CAL*

 

Inline XBRL Taxonomy Extension Calculation Linkbase Document.

 

 

 

101.DEF*

 

Inline XBRL Taxonomy Extension Definition Linkbase Document.

 

 

 

101.LAB*

 

Inline XBRL Taxonomy Extension Label Linkbase Document.

 

 

 

101.PRE*

 

Inline XBRL Taxonomy Extension Presentation Linkbase Document.

 

 

 

104*

 

Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

 

 

 

  *

 

Filed herewith

 

35

 

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Park Hotels & Resorts Inc.

 

 

 

 

Date: November 7, 2019

By:

 

/s/ Thomas J. Baltimore Jr.

 

 

 

Thomas J. Baltimore, Jr.

 

 

 

Chairman of the Board,

President and Chief Executive Officer

(Principal Executive Officer)

 

 

 

 

Date: November 7, 2019

By:

 

/s/ Sean M. Dell’Orto

 

 

 

Sean M. Dell’Orto

 

 

 

Executive Vice President,

Chief Financial Officer and Treasurer

(Principal Financial Officer)

 

 

 

 

Date: November 7, 2019

By:

 

/s/ Darren W. Robb

 

 

 

Darren W. Robb

 

 

 

Senior Vice President and

Chief Accounting Officer

(Principal Accounting Officer)

 

36

 EX-31.1 2 pk-ex311_7.htm EX-31.1 pk-ex311_7.htm

 

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Thomas J. Baltimore, Jr., certify that:

1.

I have reviewed this Quarterly Report on Form 10-Q of Park Hotels & Resorts Inc.;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in the Securities Exchange Act of 1934, as amended, Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: November 7, 2019

By:

/s/ Thomas J. Baltimore, Jr.

 

 

Thomas J. Baltimore, Jr.

 

 

Chairman of the Board, President and

Chief Executive Officer

 

 

 EX-31.2 3 pk-ex312_6.htm EX-31.2 pk-ex312_6.htm

 

Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Sean M. Dell’Orto, certify that:

1.

I have reviewed this Quarterly Report on Form 10-Q of Park Hotels & Resorts Inc.;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in the Securities Exchange Act of 1934, as amended, Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: November 7, 2019

By:

/s/ Sean M. Dell’Orto

 

 

Sean M. Dell’Orto

 

 

Executive Vice President, Chief Financial

Officer and Treasurer

 

 

 

 EX-32.1 4 pk-ex321_10.htm EX-32.1 pk-ex321_10.htm

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Park Hotels & Resorts Inc. (the “Company”) on Form 10-Q for the quarter ended September 30, 2019 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Thomas J. Baltimore, Jr., President and Chief Executive Officer of the Company, in my capacity as an officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

 

Date: November 7, 2019

 

By:

/s/ Thomas J. Baltimore, Jr.

 

 

 

Thomas J. Baltimore, Jr.

 

 

 

Chairman of the Board, President and

Chief Executive Officer

 

In accordance with SEC Release NO. 34-47986, this Exhibit is furnished to the SEC as an accompanying document and is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.

 

 EX-32.2 5 pk-ex322_9.htm EX-32.2 pk-ex322_9.htm

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Park Hotels & Resorts Inc. (the “Company”) on Form 10-Q for the quarter ending September 30, 2019 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Sean M. Dell’Orto, Executive Vice President, Chief Financial Officer and Treasurer, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

 

Date: November 7, 2019

 

By:

/s/ Sean M. Dell’Orto

 

 

 

Sean M. Dell’Orto

 

 

 

Executive Vice President,

Chief Financial Officer and Treasurer

 

In accordance with SEC Release NO. 34-47986, this Exhibit is furnished to the SEC as an accompanying document and is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.

 

 EX-101.SCH 6 pk-20190930.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink 100010 - Statement - Condensed Consolidated Balance Sheets link:calculationLink link:presentationLink link:definitionLink 100020 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 100030 - Statement - Condensed Consolidated Statements of Comprehensive Income link:calculationLink link:presentationLink link:definitionLink 100040 - Statement - Consolidated Statements of Comprehensive Income (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 100050 - Statement - Condensed Consolidated Statements of Cash Flows link:calculationLink link:presentationLink link:definitionLink 100060 - Statement - Condensed Consolidated Statements of Equity (Unaudited) link:calculationLink link:presentationLink link:definitionLink 100070 - Statement - Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 100080 - Disclosure - Organization link:calculationLink link:presentationLink link:definitionLink 100090 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies link:calculationLink link:presentationLink link:definitionLink 100100 - Disclosure - Acquisitions and Dispositions link:calculationLink link:presentationLink link:definitionLink 100110 - Disclosure - Property and Equipment link:calculationLink link:presentationLink link:definitionLink 100120 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates link:calculationLink link:presentationLink link:definitionLink 100130 - Disclosure - Debt link:calculationLink link:presentationLink link:definitionLink 100140 - Disclosure - Fair Value Measurements and Derivative Instruments link:calculationLink link:presentationLink link:definitionLink 100150 - Disclosure - Leases link:calculationLink link:presentationLink link:definitionLink 100160 - Disclosure - Income Taxes link:calculationLink link:presentationLink link:definitionLink 100170 - Disclosure - Share-Based Compensation link:calculationLink link:presentationLink link:definitionLink 100180 - Disclosure - Earnings Per Share link:calculationLink link:presentationLink link:definitionLink 100190 - Disclosure - Business Segment Information link:calculationLink link:presentationLink link:definitionLink 100200 - Disclosure - Commitments and Contingencies link:calculationLink link:presentationLink link:definitionLink 100210 - Disclosure - Subsequent Events link:calculationLink link:presentationLink link:definitionLink 100220 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Policies) link:calculationLink link:presentationLink link:definitionLink 100230 - Disclosure - Acquisitions and Dispositions (Tables) link:calculationLink link:presentationLink link:definitionLink 100240 - Disclosure - Property and Equipment (Tables) link:calculationLink link:presentationLink link:definitionLink 100250 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates (Tables) link:calculationLink link:presentationLink link:definitionLink 100260 - Disclosure - Debt (Tables) link:calculationLink link:presentationLink link:definitionLink 100270 - Disclosure - Fair Value Measurements and Derivative Instruments (Tables) link:calculationLink link:presentationLink link:definitionLink 100280 - Disclosure - Leases (Tables) link:calculationLink link:presentationLink link:definitionLink 100290 - Disclosure - Share-Based Compensation (Tables) link:calculationLink link:presentationLink link:definitionLink 100300 - Disclosure - Earnings Per Share (Tables) link:calculationLink link:presentationLink link:definitionLink 100310 - Disclosure - Business Segment Information (Tables) link:calculationLink link:presentationLink link:definitionLink 100320 - Disclosure - Organization - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100330 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100340 - Disclosure - Acquisitions and Dispositions - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100350 - Disclosure - Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Acquired (Detail) link:calculationLink link:presentationLink link:definitionLink 100360 - Disclosure - Acquisitions and Dispositions - Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed (Detail) link:calculationLink link:presentationLink link:definitionLink 100370 - Disclosure - Acquisitions and Dispositions - Schedule of Unaudited Condensed Pro-forma Financial Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100380 - Disclosure - Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Sold (Detail) link:calculationLink link:presentationLink link:definitionLink 100390 - Disclosure - Property and Equipment - Schedule of Property and Equipment (Detail) link:calculationLink link:presentationLink link:definitionLink 100400 - Disclosure - Property and Equipment - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100410 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100420 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Assets and Liabilities Included in Consolidated Balance Sheets (Detail) link:calculationLink link:presentationLink link:definitionLink 100430 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Detail) link:calculationLink link:presentationLink link:definitionLink 100440 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Parenthetical) (Detail) link:calculationLink link:presentationLink link:definitionLink 100450 - Disclosure - Debt - Schedule of Debt (Detail) link:calculationLink link:presentationLink link:definitionLink 100460 - Disclosure - Debt - Schedule of Debt (Parenthetical) (Detail) link:calculationLink link:presentationLink link:definitionLink 100470 - Disclosure - Debt - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100480 - Disclosure - Debt - Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option (Detail) link:calculationLink link:presentationLink link:definitionLink 100490 - Disclosure - Fair Value Measurements and Derivative Instruments - Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values (Detail) link:calculationLink link:presentationLink link:definitionLink 100500 - Disclosure - Fair Value Measurements and Derivative Instruments - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100510 - Disclosure - Leases - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100520 - Disclosure - Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail) link:calculationLink link:presentationLink link:definitionLink 100530 - Disclosure - Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail)2 link:calculationLink link:presentationLink link:definitionLink 100540 - Disclosure - Leases - Schedule of Rent Expense and Supplemental Cash Flow And Non Cash Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100550 - Disclosure - Income Taxes - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100560 - Disclosure - Share-Based Compensation - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100570 - Disclosure - Share-Based Compensation - Schedule of Restricted Stock Awards ("RSAs") (Detail) link:calculationLink link:presentationLink link:definitionLink 100580 - Disclosure - Share-Based Compensation - Schedule of Performance Stock Units ("PSUs") (Detail) link:calculationLink link:presentationLink link:definitionLink 100590 - Disclosure - Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Detail) link:calculationLink link:presentationLink link:definitionLink 100600 - Disclosure - Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Parenthetical) (Detail) link:calculationLink link:presentationLink link:definitionLink 100610 - Disclosure - Earnings Per Share (Detail) link:calculationLink link:presentationLink link:definitionLink 100620 - Disclosure - Business Segment Information - Hotel Properties by Segment (Detail) link:calculationLink link:presentationLink link:definitionLink 100630 - Disclosure - Business Segment Information - Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income (Detail) link:calculationLink link:presentationLink link:definitionLink 100640 - Disclosure - Business Segment Information - Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts (Detail) link:calculationLink link:presentationLink link:definitionLink 100650 - Disclosure - Commitments and Contingencies - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100660 - Disclosure - Subsequent Events - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 7 pk-20190930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 8 pk-20190930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 9 pk-20190930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity Central Index Key Earnings before interest expense, taxes, depreciation and amortization, adjusted to exclude certain items, including, but not limited to, gains, losses and expenses in connection with: (i) sales of assets for both consolidated and unconsolidated investments; (ii) foreign currency transactions; (iii) transition costs related to our establishment as an independent, publicly traded company; (iv) share-based compensation expense; (v) non-cash impairment losses; and (vi) other items that we believe are not representative of our current or future operating performance. Casualty gain (loss) and impairment loss net. Other items. Cover [Abstract] Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Trading Symbol Trading Symbol Entity Registrant Name Entity Registrant Name Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Entity Small Business Entity Small Business Entity Emerging Growth Company Entity Emerging Growth Company Entity Common Stock, Shares Outstanding Entity Common Stock Shares Outstanding Entity Current Reporting Status Entity Current Reporting Status Entity Shell Company Entity Shell Company Entity Interactive Data Current Entity Interactive Data Current Title of 12(b) Security Security12b Title Security Exchange Name Security Exchange Name Entity Incorporation, State or Country Code Entity Incorporation State Country Code Document Quarterly Report Document Quarterly Report Document Transition Report Document Transition Report Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address Address Line1 Entity Address, Address Line Two Entity Address Address Line2 Entity Address, City or Town Entity Address City Or Town Entity Address, State or Province Entity Address State Or Province Entity Address, Postal Zip Code Entity Address Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number The liability due as of the balance sheet date for leasebacks accounted for using the financing method. Statement Of Financial Position [Abstract] ASSETS Assets [Abstract] Property and equipment, net Property Plant And Equipment Net Investments in affiliates Investments In Affiliates Subsidiaries Associates And Joint Ventures Goodwill Goodwill Intangibles, net Intangible Assets Net Excluding Goodwill Cash and cash equivalents Cash And Cash Equivalents At Carrying Value Restricted cash Restricted Cash Accounts receivable, net of allowance for doubtful accounts of $1 and $1 Accounts Receivable Net Prepaid expenses Prepaid Expense Current And Noncurrent Other assets Other Assets Operating lease right-of-use assets Operating Lease Right Of Use Asset TOTAL ASSETS (variable interest entities - $248 and $242) Assets LIABILITIES AND EQUITY Liabilities And Stockholders Equity [Abstract] Liabilities Liabilities [Abstract] Debt Debt And Capital Lease Obligations Accounts payable and accrued expenses Accounts Payable And Accrued Liabilities Current And Noncurrent Due to hotel managers Other Accrued Liabilities Current And Noncurrent Due to Hilton Grand Vacations Sale Leaseback Transaction Amount Due Under Financing Method Deferred income tax liabilities Deferred Income Tax Liabilities Other liabilities Other Liabilities Operating lease liabilities Operating Lease Liability Total liabilities (variable interest entities - $218 and $217) Liabilities Commitments and contingencies - refer to Note 13 Commitments And Contingencies Stockholders' Equity Equity [Abstract] Common stock, par value $0.01 per share, 6,000,000,000 shares authorized, 239,590,752 shares issued and 239,388,083 shares outstanding as of September 30, 2019 and 201,290,458 shares issued and 201,198,381 shares outstanding as of December 31, 2018 Common Stock Value Additional paid-in capital Additional Paid In Capital Common Stock Retained earnings Retained Earnings Accumulated Deficit Accumulated other comprehensive loss Accumulated Other Comprehensive Income Loss Net Of Tax Total stockholders' equity Stockholders Equity Noncontrolling interests Minority Interest Total equity Stockholders Equity Including Portion Attributable To Noncontrolling Interest TOTAL LIABILITIES AND EQUITY Liabilities And Stockholders Equity Allowance for doubtful accounts receivable Allowance For Doubtful Accounts Receivable Variable interest entities - assets Variable Interest Entity Consolidated Carrying Amount Assets Variable interest entities - liabilities Variable Interest Entity Consolidated Carrying Amount Liabilities Common stock, par value (per share) Common Stock Par Or Stated Value Per Share Common stock, authorized shares Common Stock Shares Authorized Common stock, issued shares Common Stock Shares Issued Common stock, outstanding shares Common Stock Shares Outstanding Fees comprised of base and incentive fees paid for the management of properties by a third-party and the right to operate a business using the entity’s name, merchandise, services, methodologies, promotional support, marketing, and supplies. Income Statement [Abstract] Statement [Table] Statement [Table] Product and Service Product Or Service [Axis] Product and Service Products And Services [Domain] Rooms [Member] Occupancy [Member] Food and Beverage [Member] Food And Beverage [Member] Ancillary hotel. Ancillary Hotel [Member] Ancillary Hotel [Member] Other [Member] Hotel Other [Member] Other departmental and support. Other Departmental and Support [Member] Other Departmental And Support [Member] Statement [Line Items] Statement [Line Items] Revenues Revenues [Abstract] Total revenues Revenue From Contract With Customer Excluding Assessed Tax Operating expenses Operating Expenses [Abstract] Expenses Cost Of Goods And Services Sold Other property-level Cost Of Other Property Operating Expense Management fees Management And Franchise Fees Casualty loss (gain) and impairment loss, net Casualty Gain Loss And Impairment Loss Net Depreciation and amortization Depreciation And Amortization Corporate general and administrative General And Administrative Expense Acquisition costs Business Combination Acquisition Related Costs Other Other Expenses Total expenses Costs And Expenses Gain on sales of assets, net Gain Loss On Disposition Of Assets1 Operating income Operating Income Loss Interest income Investment Income Interest Interest expense Interest Expense Equity in earnings from investments in affiliates Income Loss From Equity Method Investments Loss on foreign currency transactions Foreign Currency Transaction Gain Loss Before Tax Other gain (loss), net Other Nonoperating Income Expense Income before income taxes Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest Income tax expense Income Tax Expense Benefit Net income Profit Loss Net income attributable to noncontrolling interests Net Income Loss Attributable To Noncontrolling Interest Net income attributable to stockholders Net Income Loss Other comprehensive (loss) income, net of tax expense: Other Comprehensive Income Loss Net Of Tax Period Increase Decrease [Abstract] Currency translation adjustment, net of tax expense of $0, $1, $0, $2 Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Total other comprehensive (loss) income Other Comprehensive Income Loss Net Of Tax Comprehensive income Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Comprehensive income attributable to noncontrolling interests Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest Comprehensive income attributable to stockholders Comprehensive Income Net Of Tax Earnings per share: Earnings Per Share [Abstract] Earnings per share - Basic Earnings Per Share Basic Earnings per share - Diluted Earnings Per Share Diluted Weighted average shares outstanding - Basic Weighted Average Number Of Shares Outstanding Basic Weighted average shares outstanding - Diluted Weighted Average Number Of Diluted Shares Outstanding Foreign currency translation adjustment, tax Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax Casualty gain loss and impairment loss net operating activities. Payments to acquire businesses net of cash and restricted cash acquired. Noncash investing activities. Non-cash financing activity. Statement Of Cash Flows [Abstract] Operating Activities: Net Cash Provided By Used In Operating Activities [Abstract] Net income Adjustments to reconcile net income to net cash provided by operating activities: Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract] Gain on sales of assets, net Casualty loss (gain) and impairment loss, net Casualty Gain Loss And Impairment Loss Net Operating Activities Equity in earnings from investments in affiliates Loss on foreign currency transactions Foreign Currency Transaction Gain Loss Realized Other gain, net Other Noncash Income Expense Share-based compensation expense Share Based Compensation Amortization of deferred financing costs Amortization Of Financing Costs And Discounts Distributions from unconsolidated affiliates Equity Method Investment Dividends Or Distributions Deferred income taxes Deferred Income Tax Expense Benefit Changes in operating assets and liabilities Increase Decrease In Other Operating Capital Net Net cash provided by operating activities Net Cash Provided By Used In Operating Activities Investing Activities: Net Cash Provided By Used In Investing Activities [Abstract] Acquisitions, net of cash and restricted cash acquired Payments To Acquire Businesses Net Of Cash And Restricted Cash Acquired Capital expenditures for property and equipment Payments To Acquire Property Plant And Equipment Proceeds from asset dispositions, net Proceeds From Sale Of Property Plant And Equipment Proceeds from the sale of investments in affiliates, net Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates Insurance proceeds for property damage claims Proceeds From Insurance Settlement Investing Activities Net cash (used in) provided by investing activities Net Cash Provided By Used In Investing Activities Financing Activities: Net Cash Provided By Used In Financing Activities [Abstract] Borrowings under credit facilities Proceeds From Lines Of Credit Payments of deferred financing costs Payments Of Financing Costs Dividends paid Payments Of Dividends Distributions to noncontrolling interests Payments To Minority Shareholders Tax withholdings on share-based compensation Payments Related To Tax Withholding For Share Based Compensation Repurchase of common stock Payments For Repurchase Of Common Stock Net cash provided by (used in) financing activities Net Cash Provided By Used In Financing Activities Effect of exchange rate changes on cash and cash equivalents and restricted cash Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations Net (decrease) increase in cash and cash equivalents and restricted cash Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Cash and cash equivalents and restricted cash, beginning of period Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations Cash and cash equivalents and restricted cash, end of period Supplemental Disclosures Supplemental Cash Flow Information [Abstract] Non-cash investing activities: Noncash Investing Activities [Abstract] Transfer of property and equipment to Hilton Grand Vacations Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 Non-cash financing activities: Non Cash Financing Activity [Abstract] Issuance of common shares in connection with the acquisition of Chesapeake Lodging Trust Stock Issued1 Assumption of mortgage loans in connection with acquisitions Noncash Or Part Noncash Acquisition Investments Acquired1 Dividends declared but unpaid Dividends Payable Current Statement Of Stockholders Equity [Abstract] Equity Components Statement Equity Components [Axis] Equity Component Equity Component [Domain] Common Stock [member] Common Stock [Member] Additional Paid-in Capital [member] Additional Paid In Capital [Member] Retained Earnings [member] Retained Earnings [Member] Accumulated Other Comprehensive (Loss) Income [member] Accumulated Other Comprehensive Income [Member] Non-Controlling Interests [member] Noncontrolling Interest [Member] Balance Balance (shares) Issuance of common stock Stock Issued During Period Value New Issues Issuance of common stock (Shares) Stock Issued During Period Shares New Issues Share-based compensation, net Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value Share-based compensation, net (Shares) Stock Issued During Period Shares Share Based Compensation Gross Net income (loss) Other comprehensive income (loss) Dividends and dividend equivalents Dividends Dividends and dividend equivalents (Shares) Common Stock Dividends Shares Repurchase of common stock Stock Repurchased During Period Value Repurchases of common stock (Shares) Stock Repurchased During Period Shares Distributions to noncontrolling interests Minority Interest Decrease From Distributions To Noncontrolling Interest Holders Cumulative effect of change in accounting principle New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Operating Results Balance Balance (shares) Special common stock dividends per share declared. Dividends declared per common share Common Stock Dividends Per Share Declared Special cash dividends declared per common share Special Common Stock Dividends Per Share Declared Accounting Policies [Abstract] Organization Organization Consolidation And Presentation Of Financial Statements Disclosure [Text Block] Basis of Presentation and Summary of Significant Accounting Policies Basis Of Presentation And Significant Accounting Policies [Text Block] Business Combinations [Abstract] Acquisitions and Dispositions Mergers Acquisitions And Dispositions Disclosures [Text Block] Property Plant And Equipment [Abstract] Property and Equipment Property Plant And Equipment Disclosure [Text Block] Consolidated variable interest entities and investments in affiliates disclosure. Consolidated variable interest entities and investments in affiliates. Consolidated Variable Interest Entities And Investments In Affiliates [Abstract] Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates Consolidated Variable Interest Entities And Investments In Affiliates Disclosure [Text Block] Debt Disclosure [Abstract] Debt Debt Disclosure [Text Block] Fair Value Disclosures [Abstract] Fair Value Measurements and Derivative Instruments Derivatives And Fair Value [Text Block] Lessee operating and financing leases. Leases [Abstract] Leases Lessee Operating And Financing Leases [Text Block] Income Tax Disclosure [Abstract] Income Taxes Income Tax Disclosure [Text Block] Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] Share-Based Compensation Disclosure Of Compensation Related Costs Share Based Payments [Text Block] Earnings Per Share Earnings Per Share [Text Block] Segment Reporting [Abstract] Business Segment Information Segment Reporting Disclosure [Text Block] Commitments And Contingencies Disclosure [Abstract] Commitments and Contingencies Commitments And Contingencies Disclosure [Text Block] Subsequent Events [Abstract] Subsequent Events Subsequent Events [Text Block] Principles of Consolidation Consolidation Policy [Text Block] Use of Estimates Use Of Estimates Reclassifications Prior Period Reclassification Adjustment Description Recently Issued Accounting Pronouncements New Accounting Pronouncements Policy Policy [Text Block] Summary of hotel portfolio properties acquired. Summary of Hotel Portfolio Properties Acquired Summary Of Hotel Portfolio Properties Acquired Table [Text Block] Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed Schedule Of Recognized Identified Assets Acquired And Liabilities Assumed Table [Text Block] Schedule of Unaudited Condensed Pro-forma Financial Information Business Acquisition Pro Forma Information [Text Block] Summary of Hotel Portfolio Properties Sold Schedule Of Disposal Groups Including Discontinued Operations Income Statement Balance Sheet And Additional Disclosures [Text Block] Property and Equipment Property Plant And Equipment [Text Block] Schedule of Assets and Liabilities Included in Consolidated Balance Sheets Schedule Of Variable Interest Entities [Text Block] Schedule of Investment in Affiliates Equity Method Investments [Text Block] Schedule of Debt Schedule Of Debt Table [Text Block] Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option Schedule Of Maturities Of Long Term Debt Table [Text Block] Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values Fair Value By Balance Sheet Grouping [Text Block] Schedule of Maturities of Non-Cancelable Operating Lease Liabilities Lessee Operating Lease Liability Maturity Table [Text Block] Schedule of Rent Expense and Supplemental Cash Flow and Non Cash Information Lease Cost Table [Text Block] Schedule of Restricted Stock Awards ("RSAs") Schedule Of Sharebased Compensation Restricted Stock And Restricted Stock Units Activity Table [Text Block] Schedule of Performance Stock Units ("PSUs") Schedule Of Nonvested Performance Based Units Activity Table [Text Block] Tabular disclosure of the significant assumptions used during the year to estimate the fair value of performance awards, including, but not limited to: (a) expected term of performance awards, (b) expected volatility of the entity's shares, (c) expected dividends, and (d) risk-free rate(s). Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model Schedule Of Share Based Payment Award Performance Awards Valuation Assumptions Table [Text Block] Basic and Diluted Earnings Per Share Schedule Of Earnings Per Share Basic And Diluted Table [Text Block] Reconciliation of consolidated hotel revenue to condensed consolidated revenue and hotel adjusted EBITDA to net income. Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income Reconciliation Of Revenue And Adjusted Earnings Before Income Tax Depreciation Amortization From Segments To Consolidated Amounts Table [Text Block] Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts Reconciliation Of Assets From Segment To Consolidated [Text Block] Business acquisition consideration transferred shareholders cash per share. Business acquisition consideration transferred shareholders number of shares per share. Business acquisition fractional shares of common stock to be issued. Organization Consolidation And Presentation Of Financial Statements [Abstract] Organization. Organization. Organization [Table] Organization [Table] Business Acquisition Business Acquisition [Axis] Business Acquisition, Acquiree Business Acquisition Acquiree [Domain] Chesapeake Lodging Trust. Chesapeake Lodging Trust [Member] Chesapeake Lodging Trust [Member] Ownership Ownership [Axis] Ownership Ownership [Domain] Park Intermediate Holdings LLC. Park Intermediate Holdings LLC [Member] Park Intermediate Holdings Limited Liability Company [Member] Organization [Line Items] Organization [Line Items] Business acquisition,par value per common share Business Acquisition Share Price Business acquisition, cash consideration transferred, per share Business Acquisition Consideration Transferred Shareholders Cash Per Share Business acquisition, consideration transferred number of shares per share Business Acquisition Consideration Transferred Shareholders Number Of Shares Per Share Fractional shares of common stock to be issued in merger agreement Business Acquisition Fractional Shares Of Common Stock To Be Issued Percentage of ownership interest Minority Interest Ownership Percentage By Parent Term of accounting policy election for short term leases. Summary of significant accounting policies. Summary of significant accounting policies. Summary Of Significant Accounting Policies [Table] Summary Of Significant Accounting Policies [Table] Statistical Measurement Range [Axis] Statistical Measurement Range [Member] Maximum [Member] Maximum [Member] Minimum [Member] Minimum [Member] Adjustments for New Accounting Pronouncements Adjustments For New Accounting Pronouncements [Axis] Type of Adoption Type Of Adoption [Member] Accounting Standards Update 2016-02 [Member] Accounting Standards Update201602 [Member] Adjustments for Change in Accounting Principle Adjustments For Change In Accounting Principle [Axis] Adjustments for Change in Accounting Principle Change In Accounting Principle [Member] New accounting pronouncement effect. New Accounting Pronouncement Effect [Member] New Accounting Pronouncement Effect [Member] Summary of Significant Accounting Policies [Line Items] Summary Of Significant Accounting Policies [Line Items] Operating lease initial term Term Of Accounting Policy Election For Short Term Leases Operating lease right-of-use asset Operating lease liability Operating lease, impairment loss on right of use asset Operating Lease Impairment Loss Below market lease intangibles Below Market Lease Net Deferred rent liabilities Deferred Rent Credit Percentage of ownership interest in properties. Schedule Of Business Acquisitions By Acquisition [Table] Schedule Of Business Acquisitions By Acquisition [Table] Name of Property Real Estate And Accumulated Depreciation Description Of Property [Axis] Name of Property Real Estate And Accumulated Depreciation Name Of Property [Domain] Hilton Berlin. Hilton Berlin [Member] Hilton Berlin [Member] Business Acquisition [Line Items] Business Acquisition [Line Items] Percentage of ownership interest in properties Percentage Of Ownership Interest In Properties Hotel portfolio properties acquired location. Number of rooms. Hilton Denver City Center. Hilton Denver City Center [Member] Hilton Denver City Center [Member] W Chicago Lakeshore. W Chicago Lakeshore [Member] W Chicago Lakeshore [Member] Hyatt Regency Boston. Hyatt Regency Boston [Member] Hyatt Regency Boston [Member] Hyatt Regency Mission Bay Spa and Marina. Hyatt Regency Mission Bay Spa and Marina [Member] Hyatt Regency Mission Bay Spa And Marina [Member] Boston Marriott Newton. Boston Marriott Newton [Member] Boston Marriott Newton [Member] Le Meridien New Orleans. Le Meridien New Orleans [Member] Le Meridien New Orleans [Member] W Chicago City Center. W Chicago – City Center [Member] W Chicago City Center [Member] Royal Palm South Beach Miami A Tribute Portfolio Resort. Royal Palm South Beach Miami, A Tribute Portfolio Resort [Member] Royal Palm South Beach Miami A Tribute Portfolio Resort [Member] Le Meridien San Francisco. Le Meridien San Francisco [Member] Le Meridien San Francisco [Member] J W Marriott San Francisco Union Square. JW Marriott San Francisco Union Square [Member] J W Marriott San Francisco Union Square [Member] Hyatt Centric Fishermans Wharf. Hyatt Centric Fishermans Wharf Hyatt Centric Fishermans Wharf [Member] Hotel Indigo San Diego Gaslamp Quarter. Hotel Indigo San Diego Gaslamp Quarter [Member] Hotel Indigo San Diego Gaslamp Quarter [Member] Courtyard Washington Capitol Hill Navy Yard. Courtyard Washington Capitol Hill/Navy Yard [Member] Courtyard Washington Capitol Hill Navy Yard [Member] Homewood Suites by Hilton Seattle Convention Center Pike Street. Homewood Suites by Hilton Seattle Convention Center Pike Street [Member] Homewood Suites By Hilton Seattle Convention Center Pike Street [Member] Hilton Checkers Los Angeles. Hilton Checkers Los Angeles [Member] Hilton Checkers Los Angeles [Member] Ace Hotel Downtown Los Angeles. Ace Hotel Downtown Los Angeles [Member] Ace Hotel Downtown Los Angeles [Member] Hotel Adagio Autograph Collection. Hotel Adagio Autograph Collection [Member] Hotel Adagio Autograph Collection [Member] W New Orleans French Quarter. W New Orleans French Quarter [Member] W New Orleans French Quarter [Member] Location Hotel Portfolio Properties Acquired Location Rooms Number Of Rooms Total consideration Business Combination Consideration Transferred1 Business acquisition, consideration transferred number of shares issued Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued Shares issued for acquisition Business Combination Consideration Transferred Equity Interests Issued And Issuable Cash issued for acquisition Payments To Acquire Businesses Gross Business combination recognized identifiable assets acquired and liabilities assumed investments net. Business combination recognized identifiable assets acquired and liabilities assumed restricted cash. Business combination recognized identifiable assets acquired and liabilities assumed operating lease right of use asset. Business combination recognized identifiable assets acquired and liabilities assumed accounts payable and accrued expenses. Business combination recognized identifiable assets acquired and liabilities assumed other accrued liabilities current and noncurrent. Business combination recognized identifiable assets acquired and liabilities assumed operating lease liability. Investment in hotel properties, net Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Investments Net Intangibles, net Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill Cash and cash equivalents Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents Restricted cash Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Restricted Cash Accounts receivable, net Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables Prepaid expenses Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets Other assets Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets Operating lease right-of-use asset Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Asset Debt Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt Accounts payable and accrued expenses Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Accrued Expenses Due to hotel managers Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Accrued Liabilities Current And Noncurrent Other liabilities Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other Operating lease liability Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Liability Total consideration Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net Business acquisition pro forma operating income loss. Total revenues Business Acquisitions Pro Forma Revenue Operating income Business Acquisition Pro Forma Operating Income Loss Net income Business Acquisitions Pro Forma Net Income Loss Revenue recognized Contract With Customer Liability Revenue Recognized Operating income Net income Number of hotel portfolio properties sold. Number of hotel portfolio properties sold Number Of Hotel Portfolio Properties Sold Gross proceeds on sale of hotel portfolio properties Proceeds From Divestiture Of Businesses Net gain on selling cost of hotel portfolio properties Disposal Group Not Discontinued Operation Gain Loss On Disposal Hotel portfolio properties sold location. Disposal of hotel portfolio properties transaction month and year. Pointe Hilton Squaw Peak Resort. Pointe Hilton Squaw Peak Resort [Member] Pointe Hilton Squaw Peak Resort [Member] Hilton Nuremberg. Hilton Nuremberg [Member] Hilton Nuremberg [Member] Hilton Atlanta Airport. Hilton Atlanta Airport [Member] Hilton Atlanta Airport [Member] Hilton New Orleans Airport. Hilton New Orleans Airport [Member] Hilton New Orleans Airport [Member] Embassy Suites Parsippany. Embassy Suites Parsippany [Member] Embassy Suites Parsippany [Member] Location Hotel Portfolio Properties Sold Location Month Sold Disposal Of Hotel Portfolio Properties Transaction Month And Year Reclassification of currency translation adjustment from accumulated other comprehensive loss to earnings on disposition of unconsolidated equity method investments. Reclassification of currency translation adjustment from accumulated other comprehensive loss to earnings on disposition of hotel portfolio properties Reclassification Of Currency Translation Adjustment From Accumulated Other Comprehensive Loss To Earnings On Disposition Of Unconsolidated Equity Method Investments Pro-rata share before customary closing adjustments amount. Gross proceeds on sale of hotel portfolio properties Proceeds From Divestiture Of Businesses And Interests In Affiliates Pro-rata share amount before customary closing adjustments Pro Rata Share Before Customary Closing Adjustments Amount Net gain on sale of hotel portfolio properties Equity Method Investment Realized Gain Loss On Disposal Land Land Buildings and leasehold improvements Buildings And Improvements Gross Furniture and equipment Furniture And Fixtures Gross Construction-in-progress Construction In Progress Gross Property and equipment, gross Property Plant And Equipment Gross Accumulated depreciation and amortization Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Property and equipment, net Schedule Of Property Plant And Equipment [Table] Schedule Of Property Plant And Equipment [Table] Catastrophic Event Liability For Catastrophe Claims By Catastrophic Event [Axis] Catastrophic Event Catastrophic Event [Domain] Hurricanes Irma and Maria [Member] Hurricane [Member] Balance Sheet Location Balance Sheet Location [Axis] Balance Sheet Location Balance Sheet Location [Domain] Other Assets [Member] Other Assets [Member] Property, Plant and Equipment [Line Items] Property Plant And Equipment [Line Items] Depreciation Depreciation Nonproduction Property damage insurance recovery. Unusual or infrequent item insurance amount recognized. Insurance expense reimbursements. Insurance receivable for property damage Property Damage Insurance Recovery Business interruption insurance recovery Gain On Business Interruption Insurance Recovery Reimbursements expense Insurance Expense Reimbursements Insurance recovery amount recognized on hurricanes damage Unusual Or Infrequent Item Insurance Amount Recognized Insurance settlements receivable on hurricanes damage Insurance Settlements Receivable Casualty (gain) loss and impairment loss, net Catastrophes expenses. Additional insurance receivable recognized during the period for property and equipment that were damaged during the hurricanes. Expenses on property and equipment from hurricane damage Catastrophes Expenses Loss on property and equipment from hurricane damage Loss From Catastrophes Additional insurance receivable recognized for property and equipment damaged from hurricanes Additional Insurance Receivable Recognized Insurance proceeds received on hurricanes damage Unusual Or Infrequent Item Insurance Proceeds Number of consolidated variable interest entities. Number of consolidated VIEs Number Of Consolidated Variable Interest Entities Schedule Of Variable Interest Entities [Table] Schedule Of Variable Interest Entities [Table] Consolidated VIEs [Member] Variable Interest Entities By Classification Of Entity [Axis] Variable Interest Entity, Classification Classification Of Variable Interest Entity [Domain] Consolidated VIEs [Member] Variable Interest Entity Primary Beneficiary Aggregated Disclosure [Member] Variable Interest Entity [Line Items] Variable Interest Entity [Line Items] Accounts receivable, net Due to hotel manager Equity Method Investments And Joint Ventures [Abstract] Schedule Of Equity Method Investments [Table] Schedule Of Equity Method Investments [Table] Investment, Name Schedule Of Equity Method Investment Equity Method Investee Name [Axis] Investment, Name Equity Method Investee Name [Domain] Hilton San Diego Bayfront. Hilton San Diego Bayfront [Member] Hilton San Diego Bayfront [Member] All others seven and hotels. All others (7 hotels) [Member] All Others Seven Hotels [Member] Schedule Of Equity Method Investments [Line Items] Schedule Of Equity Method Investments [Line Items] Ownership Percentage Equity Method Investment Ownership Percentage Disposal Group, including discontinued operation, pro-rata share of sales price. Disposal group including discontinued operation pro rata share of debt. Conrad Dublin. Conrad Dublin [Member] Conrad Dublin [Member] Gross sales price Disposal Group Including Discontinued Operation Consideration Pro-rata share, gross sales price Disposal Group Including Discontinued Operation Pro Rata Share Of Sales Price Pro-rata share, debt Disposal Group Including Discontinued Operation Pro Rata Share Of Debt Unconsolidated affiliate debt. Debt of unconsolidated joint ventures Unconsolidated Affiliate Debt Amount of long-term debt and financing lease obligations with initial maturities beyond one year or the normal operating cycle, if longer, including current maturities and gross of unamortized discounts. Debt Instrument [Table] Debt Instrument [Table] Credit Facility Credit Facility [Axis] Credit Facility Credit Facility [Domain] Two thousand nineteen term facility. 2019 Term Facility [Member] Two Thousand Nineteen Term Facility [Member] Revolving Credit Facility [Member] Revolving Credit Facility [Member] Long-term Debt, Type Longterm Debt Type [Axis] Long-term Debt, Type Longterm Debt Type [Domain] San Francisco commercial mortgaged-backed securities Loan. SF CMBS Loan [Member] San Francisco Commercial Mortgaged Backed Securities Loan [Member] Hilton Hawaiian Village commercial mortgaged-backed securities Loan. HHV CMBS Loan [Member] Hilton Hawaiian Village Commercial Mortgaged Backed Securities Loan [Member] Mortgage Loans [Member] Mortgages [Member] Two thousand sixteen term loan. 2016 Term Loan [Member] Two Thousand Sixteen Term Loan [Member] Financing Lease Obligations [Member] Capital Lease Obligations [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Debt, gross Debt Instrument Carrying Amount Financing lease obligations Capital Lease Obligations Debt and financing lease obligations, gross Longterm Debt And Financing Lease Obligations Gross Add: unamortized premium Debt Instrument Unamortized Premium Less: unamortized deferred financing costs and discount Debt Instrument Unamortized Discount Debt Debt instrument, interest rate, stated percentage Debt Instrument Interest Rate Stated Percentage Debt instrument, weighted average interest rate Longterm Debt Weighted Average Interest Rate Debt instrument, interest rate Debt Instrument Basis Spread On Variable Rate1 Debt instrument maturity date month and year. Debt instrument maturity date start year. Debt instrument maturity date end year. Maturity Date Debt Instrument Maturity Date Month And Year Maturity Date, start year Debt Instrument Maturity Date Start Year Maturity Date, end year Debt Instrument Maturity Date End Year Amount of long-term debt gross due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Mortgage loans assumed Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt Gross Maturity date Debt Instrument Maturity Date Amount available for borrowing Line Of Credit Facility Remaining Borrowing Capacity Line of credit facility additional borrowing capacity. Commercial mortgaged-backed securities loans and mortgage loans. CMBS and mortgage loans [Member] Commercial Mortgaged Backed Securities Loans And Mortgage Loans [Member] Term loan facility, maximum borrowing capacity Line Of Credit Facility Maximum Borrowing Capacity Terminated term loan facility Line Of Credit Facility Increase Decrease For Period Net Term loan facility, additional borrowing capacity Line Of Credit Facility Additional Borrowing Capacity Annual fee equal undrawn portion Line Of Credit Facility Unused Capacity Commitment Fee Percentage Upfront financing fees Debt Issuance Costs Line Of Credit Arrangements Gross Upfront financing fees expensed in connection with terminated commitments Line Of Credit Facility Commitment Fee Amount Derivative fixed interest rate Derivative Fixed Interest Rate Derivative maturity date Derivative Maturity Dates Derivative notional amount Derivative Notional Amount 2019 Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year 2020 Long Term Debt Maturities Repayments Of Principal In Year Two 2021 Long Term Debt Maturities Repayments Of Principal In Year Three 2022 Long Term Debt Maturities Repayments Of Principal In Year Four 2023 Long Term Debt Maturities Repayments Of Principal In Year Five Thereafter(1) Long Term Debt Maturities Repayments Of Principal After Year Five Debt and capital lease obligations, gross Long Term Debt Fair Value By Balance Sheet Grouping [Table] Fair Value By Balance Sheet Grouping [Table] Measurement Basis Fair Value By Measurement Basis [Axis] Fair Value Disclosure Item Amounts [Default] Portion At Fair Value Fair Value Disclosure [Member] Fair Value Measurement Fair Value Disclosure Item Amounts [Domain] Carrying amount [Member] Carrying Reported Amount Fair Value Disclosure [Member] Fair Value [Member] Estimate Of Fair Value Fair Value Disclosure [Member] Fair Value Hierarchy and NAV Fair Value By Fair Value Hierarchy Level [Axis] Fair Value Hierarchy and NAV Fair Value Measurements Fair Value Hierarchy [Domain] Level 3 [Member] Fair Value Inputs Level3 [Member] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] Loan Loans Payable Fair Value Disclosure Interest Rate Swap [Member] Interest Rate Swap [Member] Other Liabilities [Member] Other Liabilities [Member] Fair value of our interest rate swap liability Derivative Fair Value Of Derivative Liability Number of consolidated properties under ground leases. The latest expiration date of leases. The date by which majority of lease terms expire. Number of properties acquired as part of merger. Number of properties with ground leases acquired as part of the merger Number Of Properties Acquired As Part Of Merger Number of consolidated properties under ground leases Number Of Consolidated Properties Under Ground Leases Leases ending expiration date Leases Ending Expiration Date Date majority of leases expire Date Majorityof Leases Expire 2019 Lessee Operating Lease Liability Payments Remainder Of Fiscal Year 2020 Lessee Operating Lease Liability Payments Due Year Two 2021 Lessee Operating Lease Liability Payments Due Year Three 2022 Lessee Operating Lease Liability Payments Due Year Four 2023 Lessee Operating Lease Liability Payments Due Year Five Thereafter Lessee Operating Lease Liability Payments Due After Year Five Total minimum rent payments Lessee Operating Lease Liability Payments Due Less: imputed interest Lessee Operating Lease Liability Undiscounted Excess Amount Total operating lease liabilities Weighted average remaining operating lease term Operating Lease Weighted Average Remaining Lease Term1 Weighted average discount rate used to determine operating lease liabilities Operating Lease Weighted Average Discount Rate Percent Operating lease expense Operating Lease Cost Variable lease expense Variable Lease Cost Operating cash flows for operating leases Operating Lease Payments Right-of-use assets obtained in exchange for lease obligations(1) Right Of Use Asset Obtained In Exchange For Operating Lease Liability Income taxes line items. Income taxes. Income Taxes [Table] Income Taxes [Table] Income Tax Authority Income Tax Authority [Axis] Income Tax Authority Income Tax Authority [Domain] U.S. Federal Tax [Member] Domestic Country [Member] Investment Type Investment Type [Axis] Investments Investment Type Categorization [Member] Real estate investment trust. REIT [Member] Real Estate Investment Trust [Member] Income Taxes [Line Items] Income Taxes [Line Items] Income tax expense Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table] Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table] Award Type Award Type [Axis] Award Type Share Based Compensation Arrangements By Share Based Payment Award Award Type And Plan Name [Domain] 2017 Employee Plan [Member] Employee Stock Option [Member] Non-employee stock option. 2017 Director Plan [Member] Non Employee Stock Option [Member] Performance Stock Units ("PSUs") [Member] Performance Shares [Member] Share Based Compensation Arrangement By Share Based Payment Award [Line Items] Share Based Compensation Arrangement By Share Based Payment Award [Line Items] Shares of common stock reserved for future issuance Common Stock Capital Shares Reserved For Future Issuance Compensation expense Allocated Share Based Compensation Expense Unrecognized compensation costs related to unvested awards Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Unrecognized compensation costs related to unvested awards, weighted-average period Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 Restricted stock awards (RSAs) [Member] Restricted Stock [Member] Number of Shares, Beginning balance Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number Number of Shares, Granted Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Number of Shares, Vested Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Number of Shares, Forfeited Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period Number of Shares, Ending balance Weighted Average Grant Date Fair Value, Beginning balance Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value Weighted Average Grant Date Fair Value, Granted Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value Weighted Average Grant Date Fair Value, Vested Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value Weighted Average Grant Date Fair Value, Forfeited Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value Weighted Average Grant Date Fair Value, Ending balance The performance achievement factor is based on total shareholder return relative to that of companies that comprise the FTSE NAREIT Lodging Resorts Index with this minimum market capitalization as of the first day of the performance period. Share-based compensation arrangement by share-based payment award performance period Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 Market capitalization F T S E N A R E I T Company Market Capitalization Minimum Vesting rights Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights Expected volatility, minimum Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum Expected volatility, maximum Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum Dividend yield Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate Risk-free rate, minimum Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum Risk-free rate, maximum Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum Expected term Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 Weighted average expected volatility Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate Amount of earnings (loss) distributed and earnings (loss) allocated to participating securities for the basic and diluted earnings (loss) per share or per unit calculation under the two-class method. Net income attributable to stockholders net of earnings allocated to participating securities. Numerator: Net Income Loss Available To Common Stockholders Operations Basic [Abstract] Net income attributable to stockholders Earnings allocated to participating securities Participating Securities Distributed And Undistributed Earnings Loss Basic And Diluted Net income attributable to stockholders, net of earnings allocated to participating securities Net Income Attributable To Stockholders Net Of Earnings Allocated To Participating Securities Denominator: Weighted Average Number Of Shares Outstanding [Abstract] Weighted average shares outstanding – basic Unvested restricted shares Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends Weighted average shares outstanding – diluted Basic EPS Diluted EPS Number of operating business segments Number Of Operating Segments Number of reportable segment Number Of Reportable Segments Reconciliation of revenue and adjusted EBITDA from segments to consolidated amounts. Reconciliation of revenue and adjusted EBITDA from segments to consolidated amounts. Reconciliation Of Revenue And Adjusted E B I T D A From Segments To Consolidated Amounts [Table] Reconciliation Of Revenue And Adjusted E B I T D A From Segments To Consolidated Amounts [Table] Segments Statement Business Segments [Axis] Segments Segment [Domain] Consolidated hotels segment. Total consolidated hotel revenue [Member] Consolidated Hotels Segment [Member] Other [Member] All Other Segments [Member] Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated Amounts [Line Items] Reconciliation Of Revenue And Adjusted E B I T D A From Segments To Consolidated Amounts [Line Items] Hotel Adjusted EBITDA Adjusted Ebitda Casualty (loss) gain and impairment loss, net Depreciation and amortization expense Corporate general and administrative expense Acquisition costs Other operating expenses Other Cost And Expense Operating Other items Other Items Reconciliation Of Assets From Segment To Consolidated [Table] Reconciliation Of Assets From Segment To Consolidated [Table] Consolidated Hotels [Member] All other [Member] Segment Reporting Asset Reconciling Item [Line Items] Segment Reporting Asset Reconciling Item [Line Items] Total assets Number of hotels sustained damage. Other Commitments [Table] Other Commitments [Table] Geographical Statement Geographical [Axis] Geographical Segment Geographical [Domain] Key West [Member] FLORIDA Caribe Hilton [Member] PUERTO RICO Other Commitments [Line Items] Other Commitments [Line Items] Number of hotels sustained damage Number Of Hotels Sustained Damage Total loss recognized, representing losses up to the amount of deductibles and additional amounts not expected to be recovered from insurance Unusual Or Infrequent Item Loss Gross Purchase commitment, remaining minimum amount committed Purchase Commitment Remaining Minimum Amount Committed Loss contingency, number of plaintiffs Loss Contingency Number Of Plaintiffs Subsequent Event [Table] Subsequent Event [Table] Hilton São Paulo Morumbi. Hilton Sao Paulo Morumbi [Member] Hilton Sao Paulo Morumbi [Member] Subsequent Event Type Subsequent Event Type [Axis] Subsequent Event Type Subsequent Event Type [Domain] Subsequent Event [Member] Subsequent Event [Member] Subsequent Event [Line Items] Subsequent Event [Line Items] EX-101.PRE 10 pk-20190930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 11 R57.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation - Schedule of Restricted Stock Awards ("RSAs") (Detail) - Restricted stock awards (RSAs) [Member]
 9 Months Ended
Sep. 30, 2019
$ / shares
shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Number of Shares, Beginning balance | shares 585,106
Number of Shares, Granted | shares 298,329
Number of Shares, Vested | shares (308,094)
Number of Shares, Forfeited | shares (12,615)
Number of Shares, Ending balance | shares 562,726
Weighted Average Grant Date Fair Value, Beginning balance | $ / shares $ 26.89
Weighted Average Grant Date Fair Value, Granted | $ / shares 31.31
Weighted Average Grant Date Fair Value, Vested | $ / shares 27.00
Weighted Average Grant Date Fair Value, Forfeited | $ / shares 29.96
Weighted Average Grant Date Fair Value, Ending balance | $ / shares $ 29.10
XML 12 R53.htm IDEA: XBRL DOCUMENT v3.19.3
Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail)
$ in Millions
Sep. 30, 2019
USD ($)
Leases [Abstract]  
2019 $ 8
2020 32
2021 32
2022 32
2023 26
Thereafter 414
Total minimum rent payments 544
Less: imputed interest 260
Total operating lease liabilities $ 284
XML 13 R19.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

Note 11: Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share (“EPS”):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions, except per share amounts)

 

 

(in millions, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to stockholders

 

$

5

 

 

$

52

 

 

$

183

 

 

$

418

 

Earnings allocated to participating securities

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

(1

)

Net income attributable to stockholders, net of earnings

   allocated to participating securities

 

$

5

 

 

$

52

 

 

$

182

 

 

$

417

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

 

206

 

 

 

200

 

 

 

203

 

 

 

204

 

Unvested restricted shares

 

 

1

 

 

 

1

 

 

 

1

 

 

 

1

 

Weighted average shares outstanding – diluted

 

 

207

 

 

 

201

 

 

 

204

 

 

 

205

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS(1)

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

Diluted EPS(1)

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

 

(1)

Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.

 

Certain of our outstanding equity awards were excluded from the above calculation of EPS for the three and nine months ended September 30, 2019 and 2018 because their effect would have been anti-dilutive.

XML 14 R9.htm IDEA: XBRL DOCUMENT v3.19.3
Organization
 9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Organization

Note 1: Organization

Park Hotels & Resorts Inc. (“we,” “us,” “our” or the “Company”) is a Delaware corporation that owns a portfolio of premium-branded hotels and resorts primarily located in prime city center and resort locations. On January 3, 2017, Hilton Worldwide Holdings Inc. (“Hilton” or “Parent”) completed the spin-off of a portfolio of hotels and resorts that established Park Hotels & Resorts Inc. as an independent, publicly traded company. The spin-off transaction was effected through a pro rata distribution of Park Hotels & Resorts Inc. stock to existing Hilton stockholders.

On May 5, 2019, the Company, PK Domestic Property LLC, an indirect subsidiary of the Company (“Domestic”), and PK Domestic Sub LLC, a wholly-owned subsidiary of Domestic (“Merger Sub”) entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Chesapeake Lodging Trust (“Chesapeake”). On September 18, 2019, pursuant to the terms and subject to the conditions set forth in the Merger Agreement, Chesapeake merged with and into Merger Sub (the “Merger”) and each of Chesapeake’s common shares of beneficial interest, $0.01 par value per share (“Chesapeake common shares”) was converted into $11.00 in cash and 0.628 of a share of our common stock. No fractional shares of our common stock were issued in the Merger.  The value of any fractional interests to which a Chesapeake shareholder would otherwise have been entitled was paid in cash.

We are treated as a real estate investment trust (“REIT”) for United States (“U.S.”) federal income tax purposes, and we have been organized and operated, and expect to continue to be organized and operate in a manner to qualify as a REIT. From the date of our spin-off from Hilton, Park Intermediate Holdings LLC (our “Operating Company”), directly or indirectly, has held all our assets and has conducted all of our operations. We own 100% of the interests in our Operating Company.

XML 15 R15.htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Measurements and Derivative Instruments
 9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measurements and Derivative Instruments

Note 7: Fair Value Measurements and Derivative Instruments

We did not elect the fair value measurement option for our financial assets or liabilities.  The fair value of our debt and the hierarchy level we used to estimate fair values are shown below:

 

 

 

 

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Hierarchy

Level

 

 

Carrying

Amount

 

 

Fair Value

 

 

Carrying

Amount

 

 

Fair Value

 

 

 

 

 

 

 

(in millions)

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SF CMBS Loan

 

 

3

 

 

$

725

 

 

$

743

 

 

$

725

 

 

$

706

 

HHV CMBS Loan

 

 

3

 

 

 

1,275

 

 

 

1,330

 

 

 

1,275

 

 

 

1,214

 

2016 Term Loan

 

 

3

 

 

 

750

 

 

 

750

 

 

 

750

 

 

 

732

 

2019 Term Facility

 

 

3

 

 

 

850

 

 

 

850

 

 

 

—

 

 

 

—

 

Mortgage loans

 

 

3

 

 

 

517

 

 

 

522

 

 

 

207

 

 

 

201

 

 

 

The fair value of the interest rate swap we assumed in the Merger is measured on a recurring basis and classified within Level 2 of the fair value hierarchy as it is valued using a third-party pricing model which contain inputs that are derived from observable market data.  Where possible, the values produced by the pricing model are verified to market prices. Valuation models require a variety of inputs, including contractual terms, market prices, yield curves, credit spreads, measures of volatility and correlations of such inputs. As of September 30, 2019, the fair value of our interest rate swap liability was $2 million, which is included within other liabilities on our condensed consolidated balance sheet.

 

The fair values of our other financial instruments are estimated to be equal to their carrying amounts.

 
XML 16 R1.htm IDEA: XBRL DOCUMENT v3.19.3
Document and Entity Information - shares
 9 Months Ended
Sep. 30, 2019
Nov. 01, 2019
Cover [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Sep. 30, 2019  
Document Fiscal Year Focus 2019  
Document Fiscal Period Focus Q3  
Trading Symbol PK  
Entity Registrant Name Park Hotels & Resorts Inc.  
Entity Central Index Key 0001617406  
Current Fiscal Year End Date --12-31  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Common Stock, Shares Outstanding   239,387,334
Entity Current Reporting Status Yes  
Entity Shell Company false  
Entity Interactive Data Current Yes  
Title of 12(b) Security Common Stock, $0.01 par value per share  
Security Exchange Name NYSE  
Entity Incorporation, State or Country Code DE  
Document Quarterly Report true  
Document Transition Report false  
Entity File Number 001-37795  
Entity Tax Identification Number 36-2058176  
Entity Address, Address Line One 1775 Tysons Blvd  
Entity Address, Address Line Two 7th Floor  
Entity Address, City or Town Tysons  
Entity Address, State or Province VA  
Entity Address, Postal Zip Code 22102  
City Area Code 571  
Local Phone Number 302-5757  
XML 17 R11.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions
 9 Months Ended
Sep. 30, 2019
Business Combinations [Abstract]  
Acquisitions and Dispositions

Note 3: Acquisitions and Dispositions

Acquisitions

Merger with Chesapeake

As a result of the Merger, we acquired a 100% ownership interest in the following 18 hotels:

 

Hotel

 

Location

 

Rooms

 

Hilton Denver City Center

 

Denver, CO

 

 

613

 

W Chicago – Lakeshore

 

Chicago, IL

 

 

520

 

Hyatt Regency Boston

 

Boston, MA

 

 

502

 

Hyatt Regency Mission Bay Spa and Marina

 

San Diego, CA

 

 

438

 

Boston Marriott Newton

 

Newton, MA

 

 

430

 

Le Meridien New Orleans

 

New Orleans, LA

 

 

410

 

W Chicago – City Center

 

Chicago, IL

 

 

403

 

Royal Palm South Beach Miami, a Tribute Portfolio Resort

 

Miami Beach, FL

 

 

393

 

Le Meridien San Francisco

 

San Francisco, CA

 

 

360

 

JW Marriott San Francisco Union Square

 

San Francisco, CA

 

 

344

 

Hyatt Centric Fisherman’s Wharf

 

San Francisco, CA

 

 

316

 

Hotel Indigo San Diego Gaslamp Quarter

 

San Diego, CA

 

 

210

 

Courtyard Washington Capitol Hill/Navy Yard

 

Washington, DC

 

 

204

 

Homewood Suites by Hilton Seattle Convention Center Pike Street

 

Seattle, WA

 

 

195

 

Hilton Checkers Los Angeles

 

Los Angeles, CA

 

 

193

 

Ace Hotel Downtown Los Angeles

 

Los Angeles, CA

 

 

182

 

Hotel Adagio, Autograph Collection

 

San Francisco, CA

 

 

171

 

W New Orleans – French Quarter

 

New Orleans, LA

 

 

97

 

 

 

 

 

 

5,981

 

 

The total consideration for the Merger was approximately $2 billion, which included the issuance of approximately 37.8 million shares of common stock valued at $25.88 per share to Chesapeake common shareholders based on the closing price of our common stock on September 17, 2019. We accounted for the Merger using the acquisition method of accounting.  

 

We preliminarily allocated the purchase price consisting of common stock issued of $978 million and cash of $1,013 million as follows:

 

 

 

(in millions)

 

Investment in hotel properties, net

 

$

2,220

 

Intangibles, net

 

 

45

 

Cash and cash equivalents

 

 

62

 

Restricted cash

 

 

38

 

Accounts receivable, net

 

 

26

 

Prepaid expenses

 

 

9

 

Other assets

 

 

2

 

Operating lease right-of-use asset

 

 

65

 

Debt

 

 

(311

)

Accounts payable and accrued expenses

 

 

(46

)

Due to hotel managers

 

 

(15

)

Other liabilities

 

 

(16

)

Operating lease liability

 

 

(88

)

Total consideration

 

$

1,991

 

 

The estimated fair values for the assets acquired and the liabilities assumed are preliminary and are subject to change during the one-year measurement period as additional information related to the inputs and assumptions used in determining the fair value of the assets and liabilities becomes available. We will continue to review the underlying inputs and assumptions. Therefore, the purchase price allocation is not yet complete as of the date of this filing. Once the allocation is complete, an additional adjustment to the allocation may occur.

 

We used the following valuation methodologies, inputs and assumptions to estimate the fair value of the assets acquired and liabilities assumed:

 

 

•

Investment in hotel properties – We estimated the fair values of the land and improvements, buildings and improvements, and furniture, fixtures and equipment at the hotel properties by using a combination of the market, cost and income approaches. These valuation methodologies are based on significant Level 3 inputs in the fair value hierarchy, such as estimates of future income growth, capitalization rates, discount rates, capital expenditures and cash flow projections at the respective hotel properties.

 

•

Intangible assets – We estimated the fair value of the air rights contract acquired as part of the Hyatt Regency Boston by calculating the present value of the difference between the contractual rental amounts according to the contract and the market rental rates for similar contracts, measured over a period equal to the remaining non-cancellable term of the contract. This valuation methodology is based on Level 3 inputs in the fair value hierarchy. The intangible asset is amortized using the straight-line method over the remaining term of the contract.

 

•

Above and below market lease liabilities – We estimated the fair value of our above and below market lease liabilities by calculating the present value of the difference between the contractual rental amounts paid according to the in-place lease agreements and the market rental rates for similar leased space, measured over a period equal to the remaining non-cancellable terms of the leases. This valuation methodology is based on Level 3 inputs in the fair value hierarchy. The above and below market lease liabilities are included as adjustments to the right-of-use asset in the accompanying condensed consolidated balance sheet. The above and below market lease liabilities are amortized as adjustments to ground rent expense over the remaining terms of the respective leases.

 

•

Operating lease right-of-use-asset and Operating lease liability – We estimated the fair value of the operating lease right-of-use asset and operating lease liability by calculating the present value of the fixed contractual rental amounts due over a period equal to the remaining non-cancellable terms of the leases. This valuation methodology is based on Level 3 inputs in the fair value hierarchy.

 

•

Debt – We estimated the fair value of the mortgage loans by calculating the present value of the remaining loan payments due over the term of the loans. This valuation methodology is based on Level 3 inputs in the fair value hierarchy.

 

•

Restricted cash, accounts receivable, prepaid expenses and other assets, accounts payable and accrued expenses, due to hotel managers and other liabilities – The amounts constitute the carrying amounts of the assets acquired and the liabilities assumed, which we believe approximate fair value because of their short-term nature.

 

For the three and nine months ended September 30, 2019, we incurred $59 million and $65 million, respectively, in acquisition costs in connection with the Merger. Acquisition costs primarily related to severance, transfer tax and fees for financial advisors, legal, accounting, tax and other professional services in connection with the Merger. The Merger-related costs noted above are included in acquisition costs in our condensed consolidated statements of comprehensive income.

 

The following unaudited condensed pro-forma financial information presents the results of operations as if the Merger had taken place on January 1, 2018. The unaudited condensed pro-forma financial information is not necessarily indicative of what our actual results of operations would have been assuming the Merger had taken place on January 1, 2018, nor is it indicative of the results of operations for future periods. The unaudited condensed pro-forma financial information is as follows:

 

 

 

For the three months ended September 30,

 

 

For the nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(unaudited)

 

(in millions)

 

 

(in millions)

 

Total revenues

 

$

797

 

 

$

800

 

 

$

2,440

 

 

$

2,477

 

Operating income

 

 

63

 

 

 

112

 

 

 

350

 

 

 

483

 

Net income

 

 

23

 

 

 

70

 

 

 

227

 

 

 

460

 

 

From the date of Merger through September 30, 2019, we recognized $23 million of total revenues, $5 million of operating income and $4 million of net income related to the hotels acquired in connection with the Merger.

 

Dispositions

 

During the nine months ended September 30, 2019, we sold five consolidated hotels listed in the table below and we received total gross proceeds of $236 million and recognized a gain, net of selling costs, of $20 million on these hotels which is included in gain on sales of assets, net in our condensed consolidated statements of comprehensive income.

 

Hotel

 

Location

 

Month Sold

Pointe Hilton Squaw Peak Resort

 

Phoenix, Arizona

 

February 2019

Hilton Nuremberg

 

Nuremberg, Germany

 

March 2019

Hilton Atlanta Airport

 

Atlanta, Georgia

 

June 2019

Hilton New Orleans Airport(1)

 

New Orleans, Louisiana

 

June 2019

Embassy Suites Parsippany(1)

 

Parsippany, New Jersey

 

June 2019

 

 

(1)

Hotels were sold as a portfolio in the same transaction.

 

During the nine months ended September 30, 2018, we sold 12 consolidated hotels for total gross proceeds of $379 million.  We recognized a net gain of approximately $98 million, including the reclassification of a currency translation adjustment of $31 million from accumulated other comprehensive loss into earnings concurrent with the dispositions, which was included in gain on sales of assets, net in our condensed consolidated statements of comprehensive income.

Additionally, in May 2018, we and the other owners of our unconsolidated affiliates that owned the Hilton Berlin hotel sold our interests for gross proceeds of approximately $375 million, before customary closing adjustments, of which our pro rata share was approximately $151 million. We recognized a net gain of approximately $107 million, including the reclassification of a currency translation adjustment of $8 million from accumulated other comprehensive loss into earnings concurrent with the disposition, which is included in other gain (loss), net in our condensed consolidated statements of comprehensive income.  

 
XML 18 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Foreign currency translation adjustment, tax $ 0 $ 1 $ 0 $ 2
XML 19 R32.htm IDEA: XBRL DOCUMENT v3.19.3
Business Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income

The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and Hotel Adjusted EBITDA to net income:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total consolidated hotel revenue

 

$

650

 

 

$

633

 

 

$

1,975

 

 

$

1,998

 

Other revenues

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Total revenues

 

$

672

 

 

$

652

 

 

$

2,034

 

 

$

2,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hotel Adjusted EBITDA

 

$

183

 

 

$

171

 

 

$

573

 

 

$

573

 

Other revenues

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Casualty (loss) gain and impairment loss, net

 

 

(8

)

 

 

1

 

 

 

(8

)

 

 

1

 

Depreciation and amortization expense

 

 

(61

)

 

 

(69

)

 

 

(184

)

 

 

(208

)

Corporate general and administrative expense

 

 

(14

)

 

 

(16

)

 

 

(47

)

 

 

(47

)

Acquisition costs

 

 

(59

)

 

 

—

 

 

 

(65

)

 

 

—

 

Other operating expenses

 

 

(23

)

 

 

(19

)

 

 

(61

)

 

 

(54

)

Gain on sales of assets, net

 

 

1

 

 

 

2

 

 

 

20

 

 

 

98

 

Interest income

 

 

2

 

 

 

2

 

 

 

5

 

 

 

4

 

Interest expense

 

 

(33

)

 

 

(32

)

 

 

(98

)

 

 

(94

)

Equity in earnings from investments in affiliates

 

 

3

 

 

 

4

 

 

 

18

 

 

 

16

 

Loss on foreign currency transactions

 

 

(2

)

 

 

(1

)

 

 

(2

)

 

 

(4

)

Income tax expense

 

 

—

 

 

 

—

 

 

 

(12

)

 

 

(13

)

Other gain (loss), net

 

 

1

 

 

 

(2

)

 

 

1

 

 

 

106

 

Other items

 

 

(3

)

 

 

(5

)

 

 

(9

)

 

 

(9

)

Net income

 

$

9

 

 

$

55

 

 

$

190

 

 

$

422

 

 
Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts

The following table presents total assets for our consolidated hotels, reconciled to consolidated amounts:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Consolidated hotels

 

$

11,551

 

 

$

9,305

 

All other

 

 

69

 

 

 

58

 

Total

 

$

11,620

 

 

$

9,363

 
XML 20 R36.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Acquired (Detail) - Chesapeake Lodging Trust [Member]
 9 Months Ended
Sep. 30, 2019
Room
Business Acquisition [Line Items]  
Rooms 5,981
Hilton Denver City Center [Member]  
Business Acquisition [Line Items]  
Location Denver, CO
Rooms 613
W Chicago Lakeshore [Member]  
Business Acquisition [Line Items]  
Location Chicago, IL
Rooms 520
Hyatt Regency Boston [Member]  
Business Acquisition [Line Items]  
Location Boston, MA
Rooms 502
Hyatt Regency Mission Bay Spa and Marina [Member]  
Business Acquisition [Line Items]  
Location San Diego, CA
Rooms 438
Boston Marriott Newton [Member]  
Business Acquisition [Line Items]  
Location Newton, MA
Rooms 430
Le Meridien New Orleans [Member]  
Business Acquisition [Line Items]  
Location New Orleans, LA
Rooms 410
W Chicago – City Center [Member]  
Business Acquisition [Line Items]  
Location Chicago, IL
Rooms 403
Royal Palm South Beach Miami, A Tribute Portfolio Resort [Member]  
Business Acquisition [Line Items]  
Location Miami Beach, FL
Rooms 393
Le Meridien San Francisco [Member]  
Business Acquisition [Line Items]  
Location San Francisco, CA
Rooms 360
JW Marriott San Francisco Union Square [Member]  
Business Acquisition [Line Items]  
Location San Francisco, CA
Rooms 344
Hyatt Centric Fishermans Wharf  
Business Acquisition [Line Items]  
Location San Francisco, CA
Rooms 316
Hotel Indigo San Diego Gaslamp Quarter [Member]  
Business Acquisition [Line Items]  
Location San Diego, CA
Rooms 210
Courtyard Washington Capitol Hill/Navy Yard [Member]  
Business Acquisition [Line Items]  
Location Washington, DC
Rooms 204
Homewood Suites by Hilton Seattle Convention Center Pike Street [Member]  
Business Acquisition [Line Items]  
Location Seattle, WA
Rooms 195
Hilton Checkers Los Angeles [Member]  
Business Acquisition [Line Items]  
Location Los Angeles, CA
Rooms 193
Ace Hotel Downtown Los Angeles [Member]  
Business Acquisition [Line Items]  
Location Los Angeles, CA
Rooms 182
Hotel Adagio Autograph Collection [Member]  
Business Acquisition [Line Items]  
Location San Francisco, CA
Rooms 171
W New Orleans French Quarter [Member]  
Business Acquisition [Line Items]  
Location New Orleans, LA
Rooms 97
XML 21 R27.htm IDEA: XBRL DOCUMENT v3.19.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Debt

Debt balances and associated interest rates as of September 30, 2019 were:

 

 

 

 

 

 

 

Principal balance as of

 

 

 

Interest Rate

at September 30, 2019

 

Maturity Date

 

September 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

(in millions)

 

SF CMBS Loan

 

4.11%

 

November 2023

 

$

725

 

 

$

725

 

HHV CMBS Loan

 

4.20%

 

November 2026

 

 

1,275

 

 

 

1,275

 

Mortgage loans(1)

 

Average rate of

4.28%

 

2020 to 2026(3)

 

 

517

 

 

 

207

 

2016 Term Loan(2)

 

L + 1.45%

 

December 2021

 

 

750

 

 

 

750

 

2019 Term Facility

 

L + 1.40%

 

September 2024

 

 

850

 

 

 

—

 

Revolving credit facility(4)

 

L + 1.50%

 

December 2021(3)

 

 

—

 

 

 

—

 

Financing lease obligations

 

3.07%

 

2021 to 2022

 

 

1

 

 

 

1

 

 

 

 

 

 

 

 

4,118

 

 

 

2,958

 

Add: unamortized premium

 

 

 

 

 

 

3

 

 

 

—

 

Less: unamortized deferred financing costs and

   discount

 

 

 

 

 

 

(21

)

 

 

(10

)

 

 

 

 

 

 

$

4,100

 

 

$

2,948

 

 

(1)

Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis.

(2)

The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021.

(3)

Assumes the exercise of all extensions that are exercisable solely at our option.

(4)

$1 billion available.

 
Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option

The contractual maturities of our debt, assuming the exercise of all extensions that are exercisable solely at our option, as of September 30, 2019 were:

 

Year

 

(in millions)

 

2019

 

$

2

 

2020

 

 

20

 

2021

 

 

759

 

2022

 

 

97

 

2023

 

 

827

 

Thereafter(1)

 

 

2,413

 

 

 

$

4,118

 

 

(1)

Assumes the exercise of all extensions that are exercisable solely at our option.
XML 22 R23.htm IDEA: XBRL DOCUMENT v3.19.3
Basis of Presentation and Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Principles of Consolidation

Principles of Consolidation

The unaudited condensed consolidated financial statements reflect our financial position, results of operations and cash flows, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP. In our opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring items, considered necessary for a fair presentation of the interim periods. All significant intercompany transactions and balances within the financial statements have been eliminated.

These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our Annual Report on Form 10-K, filed with the SEC on February 28, 2019.
Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Interim results are not necessarily indicative of full year performance.

Reclassifications

Reclassifications

Certain line items on the condensed consolidated statements of comprehensive income for the nine months ended September 30, 2018 have been reclassified to conform to the current period presentation.
Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

Adopted Accounting Standards

In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-02 (“ASU 2016-02”), Leases (Topic 842), which supersedes existing lease accounting guidance in Leases (Topic 840) and generally requires all leases to be recognized on the statement of financial position. We adopted this ASU on January 1, 2019 using the optional transition method, which allows entities to initially apply the ASU at the adoption date without revising comparable periods. We consider an arrangement to contain a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for compensation. We elected certain practical expedients that allowed us to utilize historical lease classifications and elected an accounting policy to continue accounting for leases with an initial term of 12 months and less using existing guidance for operating leases. We did not elect the practical expedient that allows us to use hindsight to reassess our probability of exercising renewal options; however, we did include any renewal options controlled by the lessor. On a prospective basis, lease terms will include both renewal options that we are reasonably certain to exercise as well as renewal options controlled by the lessor. Upon adoption, we recognized an operating lease right-of-use asset of $213 million representing the right to use land, buildings, and equipment over lease terms which include renewal options we have exercised, and renewal options controlled by the lessor, and a corresponding operating lease liability of $213 million representing the present value of our fixed lease payment obligations. We also recognized an $8 million impairment of the operating lease right-of-use asset associated with one of our previously impaired hotels as a cumulative effect of change in accounting principle within retained earnings. In addition, we reclassified $25 million of below market lease intangibles from intangibles, net and $8 million of deferred rent liabilities from other liabilities on our condensed consolidated balance sheet to the operating lease right-of-use asset. The discount rate used to calculate the operating lease right-of-use asset and operating lease liability was based on our estimated incremental borrowing rate at our adoption date of January 1, 2019.

In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40), which adds recognition, measurement, and disclosure guidance on implementation costs of cloud computing arrangements. Implementation costs incurred by customers in cloud computing arrangements are deferred if they would be capitalized by customers in software license arrangements under the existing internal-use software guidance. We elected to early adopt this ASU as of January 1, 2019 on a prospective basis and there was no effect on our consolidated financial statements.

 

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which will replace the existing “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For trade and other receivables, loans and other instruments, the forward looking “expected loss” model will generally result in the earlier recognition of allowances for losses. In November 2018, the FASB issued ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”, which clarifies that operating lease receivables accounted for under ASC 842 are not in the scope of ASU No. 2016-13. Both ASUs are effective January 1, 2020 and require new disclosures. Both ASUs require a modified retrospective approach. We are currently evaluating the effect that these ASUs will have on our consolidated financial statements.
XML 23 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 24 R42.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Additional Information (Detail)
$ in Millions
Sep. 30, 2019
USD ($)
Entity
Dec. 31, 2018
USD ($)
Organization Consolidation And Presentation Of Financial Statements [Abstract]    
Number of consolidated VIEs | Entity 3  
Debt of unconsolidated joint ventures | $ $ 961 $ 955
XML 25 R46.htm IDEA: XBRL DOCUMENT v3.19.3
Debt - Schedule of Debt (Detail) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Debt Instrument [Line Items]    
Debt and financing lease obligations, gross $ 4,118 $ 2,958
Add: unamortized premium 3  
Less: unamortized deferred financing costs and discount (21) (10)
Debt 4,100 2,948
SF CMBS Loan [Member]    
Debt Instrument [Line Items]    
Debt, gross $ 725 725
Debt instrument, interest rate, stated percentage 4.11%  
Maturity Date 2023-11  
HHV CMBS Loan [Member]    
Debt Instrument [Line Items]    
Debt, gross $ 1,275 1,275
Debt instrument, interest rate, stated percentage 4.20%  
Maturity Date 2026-11  
Mortgage Loans [Member]    
Debt Instrument [Line Items]    
Debt, gross [1] $ 517 207
Debt instrument, weighted average interest rate [1] 4.28%  
Maturity Date, start year [1],[2] 2020  
Maturity Date, end year [1],[2] 2026  
2016 Term Loan [Member]    
Debt Instrument [Line Items]    
Debt, gross [3] $ 750 750
Debt instrument, interest rate [3] 1.45%  
Maturity Date [3] 2021-12  
Financing Lease Obligations [Member]    
Debt Instrument [Line Items]    
Financing lease obligations $ 1 $ 1
Debt instrument, interest rate, stated percentage 3.07%  
Maturity Date, start year 2021  
Maturity Date, end year 2022  
2019 Term Facility [Member]    
Debt Instrument [Line Items]    
Debt, gross $ 850  
Debt instrument, interest rate 1.40%  
Maturity Date 2024-09  
Revolving Credit Facility [Member]    
Debt Instrument [Line Items]    
Debt instrument, interest rate [4] 1.50%  
Maturity Date [2],[4] 2021-12  
[1] Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis.
[2] Assumes the exercise of all extensions that are exercisable solely at our option.
[3] The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021.
[4] $1 billion available.
XML 26 R65.htm IDEA: XBRL DOCUMENT v3.19.3
Commitments and Contingencies - Additional Information (Details)
$ in Millions
 9 Months Ended
May 06, 2019
Plaintiff
Sep. 30, 2019
USD ($)
Hotel
Sep. 30, 2017
Hotel
Other Commitments [Line Items]      
Purchase commitment, remaining minimum amount committed | $   $ 68  
Loss contingency, number of plaintiffs | Plaintiff 2    
Hurricanes Irma and Maria [Member]      
Other Commitments [Line Items]      
Total loss recognized, representing losses up to the amount of deductibles and additional amounts not expected to be recovered from insurance | $   $ 22  
Key West [Member] | Hurricanes Irma and Maria [Member]      
Other Commitments [Line Items]      
Number of hotels sustained damage | Hotel   2  
Caribe Hilton [Member] | Hurricanes Irma and Maria [Member]      
Other Commitments [Line Items]      
Number of hotels sustained damage | Hotel     1
XML 27 R61.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Numerator:        
Net income attributable to stockholders $ 5 $ 52 $ 183 $ 418
Earnings allocated to participating securities     (1) (1)
Net income attributable to stockholders, net of earnings allocated to participating securities $ 5 $ 52 $ 182 $ 417
Denominator:        
Weighted average shares outstanding – basic 206 200 203 204
Unvested restricted shares 1 1 1 1
Weighted average shares outstanding – diluted 207 201 204 205
Basic EPS [1] $ 0.02 $ 0.26 $ 0.90 $ 2.04
Diluted EPS [1] $ 0.02 $ 0.26 $ 0.90 $ 2.04
[1] Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.
XML 28 R26.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates (Tables)
 9 Months Ended
Sep. 30, 2019
Consolidated Variable Interest Entities And Investments In Affiliates [Abstract]  
Schedule of Assets and Liabilities Included in Consolidated Balance Sheets Our condensed consolidated balance sheets include the following assets and liabilities of these entities:

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Property and equipment, net

 

$

221

 

 

$

223

 

Cash and cash equivalents

 

 

19

 

 

 

12

 

Restricted cash

 

 

2

 

 

 

1

 

Accounts receivable, net

 

 

5

 

 

 

4

 

Prepaid expenses

 

 

1

 

 

 

2

 

Debt

 

 

207

 

 

 

207

 

Accounts payable and accrued expenses

 

 

9

 

 

 

7

 

Due to hotel manager

 

 

—

 

 

 

2

 

Other liabilities

 

 

2

 

 

 

1

 

 
Schedule of Investment in Affiliates

Investments in affiliates were:

 

 

 

Ownership %

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

(in millions)

 

Hilton San Diego Bayfront

 

25%

 

 

$

20

 

 

$

19

 

All others (7 hotels)(1)

 

20% - 50%

 

 

 

32

 

 

 

31

 

 

 

 

 

 

 

$

52

 

 

$

50

 

 

(1)

In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018.

 
XML 29 R22.htm IDEA: XBRL DOCUMENT v3.19.3
Subsequent Events
 9 Months Ended
Sep. 30, 2019
Subsequent Events [Abstract]  
Subsequent Events

Note 14: Subsequent Events

In November 2019, we executed agreements to sell the Ace Hotel and Theater Downtown Los Angeles for a sales price of $117 million and the Hilton São Paulo Morumbi for a sales price of approximately $125 million. Both of these hotel sales will be payable in cash at closing and are subject to customary closing adjustments.

In October 2019, we executed an agreement to terminate the ground lease on the Hilton Sheffield Hotel. The termination is expected to occur prior to January 31, 2020.

 
XML 30 R43.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Assets and Liabilities Included in Consolidated Balance Sheets (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]    
Property and equipment, net $ 9,986 $ 7,975
Cash and cash equivalents 321 410
Restricted cash 43 15
Accounts receivable, net 193 153
Prepaid expenses 76 82
Debt 4,100 2,948
Accounts payable and accrued expenses 237 183
Due to hotel manager 128 137
Other liabilities 241 332
Consolidated VIEs [Member]    
Variable Interest Entity [Line Items]    
Property and equipment, net 221 223
Cash and cash equivalents 19 12
Restricted cash 2 1
Accounts receivable, net 5 4
Prepaid expenses 1 2
Debt 207 207
Accounts payable and accrued expenses 9 7
Due to hotel manager   2
Other liabilities $ 2 $ 1
XML 31 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3 html 259 388 1 true 73 0 false 10 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 100010 - Statement - Condensed Consolidated Balance Sheets Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets Condensed Consolidated Balance Sheets Statements 2 false false R3.htm 100020 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical Condensed Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 100030 - Statement - Condensed Consolidated Statements of Comprehensive Income Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome Condensed Consolidated Statements of Comprehensive Income Statements 4 false false R5.htm 100040 - Statement - Consolidated Statements of Comprehensive Income (Parenthetical) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementConsolidatedStatementsOfComprehensiveIncomeParenthetical Consolidated Statements of Comprehensive Income (Parenthetical) Statements 5 false false R6.htm 100050 - Statement - Condensed Consolidated Statements of Cash Flows Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows Condensed Consolidated Statements of Cash Flows Statements 6 false false R7.htm 100060 - Statement - Condensed Consolidated Statements of Equity (Unaudited) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited Condensed Consolidated Statements of Equity (Unaudited) Statements 7 false false R8.htm 100070 - Statement - Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnauditedParenthetical Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) Statements 8 false false R9.htm 100080 - Disclosure - Organization Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganization Organization Notes 9 false false R10.htm 100090 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPolicies Basis of Presentation and Summary of Significant Accounting Policies Notes 10 false false R11.htm 100100 - Disclosure - Acquisitions and Dispositions Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositions Acquisitions and Dispositions Notes 11 false false R12.htm 100110 - Disclosure - Property and Equipment Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipment Property and Equipment Notes 12 false false R13.htm 100120 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliates Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates Notes 13 false false R14.htm 100130 - Disclosure - Debt Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebt Debt Notes 14 false false R15.htm 100140 - Disclosure - Fair Value Measurements and Derivative Instruments Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstruments Fair Value Measurements and Derivative Instruments Notes 15 false false R16.htm 100150 - Disclosure - Leases Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeases Leases Notes 16 false false R17.htm 100160 - Disclosure - Income Taxes Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxes Income Taxes Notes 17 false false R18.htm 100170 - Disclosure - Share-Based Compensation Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensation Share-Based Compensation Notes 18 false false R19.htm 100180 - Disclosure - Earnings Per Share Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShare Earnings Per Share Notes 19 false false R20.htm 100190 - Disclosure - Business Segment Information Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformation Business Segment Information Notes 20 false false R21.htm 100200 - Disclosure - Commitments and Contingencies Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingencies Commitments and Contingencies Notes 21 false false R22.htm 100210 - Disclosure - Subsequent Events Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEvents Subsequent Events Notes 22 false false R23.htm 100220 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Policies) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies Basis of Presentation and Summary of Significant Accounting Policies (Policies) Policies http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPolicies 23 false false R24.htm 100230 - Disclosure - Acquisitions and Dispositions (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsTables Acquisitions and Dispositions (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositions 24 false false R25.htm 100240 - Disclosure - Property and Equipment (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentTables Property and Equipment (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipment 25 false false R26.htm 100250 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliates 26 false false R27.htm 100260 - Disclosure - Debt (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtTables Debt (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebt 27 false false R28.htm 100270 - Disclosure - Fair Value Measurements and Derivative Instruments (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsTables Fair Value Measurements and Derivative Instruments (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstruments 28 false false R29.htm 100280 - Disclosure - Leases (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesTables Leases (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeases 29 false false R30.htm 100290 - Disclosure - Share-Based Compensation (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationTables Share-Based Compensation (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensation 30 false false R31.htm 100300 - Disclosure - Earnings Per Share (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareTables Earnings Per Share (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShare 31 false false R32.htm 100310 - Disclosure - Business Segment Information (Tables) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationTables Business Segment Information (Tables) Tables http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformation 32 false false R33.htm 100320 - Disclosure - Organization - Additional Information (Details) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails Organization - Additional Information (Details) Details 33 false false R34.htm 100330 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) Details 34 false false R35.htm 100340 - Disclosure - Acquisitions and Dispositions - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail Acquisitions and Dispositions - Additional Information (Detail) Details 35 false false R36.htm 100350 - Disclosure - Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Acquired (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Acquired (Detail) Details 36 false false R37.htm 100360 - Disclosure - Acquisitions and Dispositions - Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail Acquisitions and Dispositions - Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed (Detail) Details 37 false false R38.htm 100370 - Disclosure - Acquisitions and Dispositions - Schedule of Unaudited Condensed Pro-forma Financial Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail Acquisitions and Dispositions - Schedule of Unaudited Condensed Pro-forma Financial Information (Detail) Details 38 false false R39.htm 100380 - Disclosure - Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Sold (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Sold (Detail) Details 39 false false R40.htm 100390 - Disclosure - Property and Equipment - Schedule of Property and Equipment (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail Property and Equipment - Schedule of Property and Equipment (Detail) Details 40 false false R41.htm 100400 - Disclosure - Property and Equipment - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail Property and Equipment - Additional Information (Detail) Details 41 false false R42.htm 100410 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesAdditionalInformationDetail Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Additional Information (Detail) Details http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables 42 false false R43.htm 100420 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Assets and Liabilities Included in Consolidated Balance Sheets (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Assets and Liabilities Included in Consolidated Balance Sheets (Detail) Details http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables 43 false false R44.htm 100430 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Detail) Details http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables 44 false false R45.htm 100440 - Disclosure - Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Parenthetical) (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Parenthetical) (Detail) Details http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables 45 false false R46.htm 100450 - Disclosure - Debt - Schedule of Debt (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail Debt - Schedule of Debt (Detail) Details 46 false false R47.htm 100460 - Disclosure - Debt - Schedule of Debt (Parenthetical) (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail Debt - Schedule of Debt (Parenthetical) (Detail) Details 47 false false R48.htm 100470 - Disclosure - Debt - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail Debt - Additional Information (Detail) Details 48 false false R49.htm 100480 - Disclosure - Debt - Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail Debt - Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option (Detail) Details 49 false false R50.htm 100490 - Disclosure - Fair Value Measurements and Derivative Instruments - Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail Fair Value Measurements and Derivative Instruments - Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values (Detail) Details 50 false false R51.htm 100500 - Disclosure - Fair Value Measurements and Derivative Instruments - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail Fair Value Measurements and Derivative Instruments - Additional Information (Detail) Details 51 false false R52.htm 100510 - Disclosure - Leases - Additional Information (Details) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails Leases - Additional Information (Details) Details 52 false false R53.htm 100520 - Disclosure - Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail) Details 53 false false R54.htm 100540 - Disclosure - Leases - Schedule of Rent Expense and Supplemental Cash Flow And Non Cash Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfRentExpenseAndSupplementalCashFlowAndNonCashInformationDetail Leases - Schedule of Rent Expense and Supplemental Cash Flow And Non Cash Information (Detail) Details 54 false false R55.htm 100550 - Disclosure - Income Taxes - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail Income Taxes - Additional Information (Detail) Details 55 false false R56.htm 100560 - Disclosure - Share-Based Compensation - Additional Information (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail Share-Based Compensation - Additional Information (Detail) Details 56 false false R57.htm 100570 - Disclosure - Share-Based Compensation - Schedule of Restricted Stock Awards ("RSAs") (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail Share-Based Compensation - Schedule of Restricted Stock Awards ("RSAs") (Detail) Details 57 false false R58.htm 100580 - Disclosure - Share-Based Compensation - Schedule of Performance Stock Units ("PSUs") (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail Share-Based Compensation - Schedule of Performance Stock Units ("PSUs") (Detail) Details 58 false false R59.htm 100590 - Disclosure - Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Detail) Details 59 false false R60.htm 100600 - Disclosure - Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Parenthetical) (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelParentheticalDetail Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Parenthetical) (Detail) Details 60 false false R61.htm 100610 - Disclosure - Earnings Per Share (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail Earnings Per Share (Detail) Details http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareTables 61 false false R62.htm 100620 - Disclosure - Business Segment Information - Hotel Properties by Segment (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationHotelPropertiesBySegmentDetail Business Segment Information - Hotel Properties by Segment (Detail) Details 62 false false R63.htm 100630 - Disclosure - Business Segment Information - Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail Business Segment Information - Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income (Detail) Details 63 false false R64.htm 100640 - Disclosure - Business Segment Information - Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts (Detail) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail Business Segment Information - Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts (Detail) Details 64 false false R65.htm 100650 - Disclosure - Commitments and Contingencies - Additional Information (Details) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails Commitments and Contingencies - Additional Information (Details) Details 65 false false R66.htm 100660 - Disclosure - Subsequent Events - Additional Information (Details) Sheet http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails Subsequent Events - Additional Information (Details) Details 66 false false All Reports Book All Reports pk-10q_20190930.htm pk-20190930.xsd pk-20190930_cal.xml pk-20190930_def.xml pk-20190930_lab.xml pk-20190930_pre.xml pk-ex311_7.htm pk-ex312_6.htm pk-ex321_10.htm pk-ex322_9.htm http://fasb.org/us-gaap/2019-01-31 http://xbrl.sec.gov/stpr/2018-01-31 http://xbrl.sec.gov/dei/2019-01-31 http://xbrl.sec.gov/country/2017-01-31 http://fasb.org/srt/2019-01-31 true true XML 32 R47.htm IDEA: XBRL DOCUMENT v3.19.3
Debt - Schedule of Debt (Parenthetical) (Detail)
$ in Millions
 9 Months Ended
Sep. 30, 2019
USD ($)
2016 Term Loan [Member]  
Debt Instrument [Line Items]  
Maturity date Dec. 31, 2021
Revolving Credit Facility [Member]  
Debt Instrument [Line Items]  
Amount available for borrowing $ 1,000
Mortgage Loans [Member] | Chesapeake Lodging Trust [Member]  
Debt Instrument [Line Items]  
Mortgage loans assumed $ 310
JSON 33 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "pk-10q_20190930.htm": { "axisCustom": 0, "axisStandard": 22, "contextCount": 259, "dts": { "calculationLink": { "local": [ "pk-20190930_cal.xml" ] }, "definitionLink": { "local": [ "pk-20190930_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "pk-10q_20190930.htm" ] }, "labelLink": { "local": [ "pk-20190930_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "pk-20190930_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-ref-2019-01-31.xml" ] }, "schema": { "local": [ "pk-20190930.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd", "https://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "https://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-parts-codification-2019-01-31.xsd" ] } }, "elementCount": 505, "entityCount": 1, "hidden": { "http://fasb.org/us-gaap/2019-01-31": 19, "http://www.hiltonworldwide.com/20190930": 7, "http://xbrl.sec.gov/dei/2019-01-31": 6, "total": 32 }, "keyCustom": 55, "keyStandard": 333, "memberCustom": 41, "memberStandard": 30, "nsprefix": "pk", "nsuri": "http://www.hiltonworldwide.com/20190930", "report": { "R1": { "firstAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100090 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPolicies", "shortName": "Basis of Presentation and Summary of Significant Accounting Policies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R11": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100100 - Disclosure - Acquisitions and Dispositions", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositions", "shortName": "Acquisitions and Dispositions", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100110 - Disclosure - Property and Equipment", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipment", "shortName": "Property and Equipment", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R13": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100120 - Disclosure - Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliates", "shortName": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100130 - Disclosure - Debt", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebt", "shortName": "Debt", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativesAndFairValueTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100140 - Disclosure - Fair Value Measurements and Derivative Instruments", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstruments", "shortName": "Fair Value Measurements and Derivative Instruments", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativesAndFairValueTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:LesseeOperatingAndFinancingLeasesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100150 - Disclosure - Leases", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeases", "shortName": "Leases", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:LesseeOperatingAndFinancingLeasesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100160 - Disclosure - Income Taxes", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxes", "shortName": "Income Taxes", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100170 - Disclosure - Share-Based Compensation", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensation", "shortName": "Share-Based Compensation", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100180 - Disclosure - Earnings Per Share", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShare", "shortName": "Earnings Per Share", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:PropertyPlantAndEquipmentNet", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100010 - Statement - Condensed Consolidated Balance Sheets", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets", "shortName": "Condensed Consolidated Balance Sheets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "lang": null, "name": "us-gaap:Goodwill", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SegmentReportingDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100190 - Disclosure - Business Segment Information", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformation", "shortName": "Business Segment Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SegmentReportingDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100200 - Disclosure - Commitments and Contingencies", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingencies", "shortName": "Commitments and Contingencies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R22": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100210 - Disclosure - Subsequent Events", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEvents", "shortName": "Subsequent Events", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ConsolidationPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100220 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Policies)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies", "shortName": "Basis of Presentation and Summary of Significant Accounting Policies (Policies)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ConsolidationPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R24": { "firstAnchor": { "ancestors": [ "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:SummaryOfHotelPortfolioPropertiesAcquiredTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100230 - Disclosure - Acquisitions and Dispositions (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsTables", "shortName": "Acquisitions and Dispositions (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:SummaryOfHotelPortfolioPropertiesAcquiredTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R25": { "firstAnchor": { "ancestors": [ "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100240 - Disclosure - Property and Equipment (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentTables", "shortName": "Property and Equipment (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "p", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfVariableInterestEntitiesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100250 - Disclosure - Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables", "shortName": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "p", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfVariableInterestEntitiesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100260 - Disclosure - Debt (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtTables", "shortName": "Debt (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "p", "us-gaap:DerivativesAndFairValueTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueByBalanceSheetGroupingTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100270 - Disclosure - Fair Value Measurements and Derivative Instruments (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsTables", "shortName": "Fair Value Measurements and Derivative Instruments (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:DerivativesAndFairValueTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueByBalanceSheetGroupingTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100280 - Disclosure - Leases (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesTables", "shortName": "Leases (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R3": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:AllowanceForDoubtfulAccountsReceivable", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100020 - Statement - Condensed Consolidated Balance Sheets (Parenthetical)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical", "shortName": "Condensed Consolidated Balance Sheets (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:AllowanceForDoubtfulAccountsReceivable", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R30": { "firstAnchor": { "ancestors": [ "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100290 - Disclosure - Share-Based Compensation (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationTables", "shortName": "Share-Based Compensation (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R31": { "firstAnchor": { "ancestors": [ "us-gaap:EarningsPerShareTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100300 - Disclosure - Earnings Per Share (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareTables", "shortName": "Earnings Per Share (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:EarningsPerShareTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R32": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:ReconciliationOfRevenueAndAdjustedEarningsBeforeIncomeTaxDepreciationAmortizationFromSegmentsToConsolidatedAmountsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100310 - Disclosure - Business Segment Information (Tables)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationTables", "shortName": "Business Segment Information (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:ReconciliationOfRevenueAndAdjustedEarningsBeforeIncomeTaxDepreciationAmortizationFromSegmentsToConsolidatedAmountsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R33": { "firstAnchor": { "ancestors": [ "p", "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtOwnershipAxis_pkParkIntermediateHoldingsLimitedLiabilityCompanyMember_20170103", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:MinorityInterestOwnershipPercentageByParent", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100320 - Disclosure - Organization - Additional Information (Details)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails", "shortName": "Organization - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtOwnershipAxis_pkParkIntermediateHoldingsLimitedLiabilityCompanyMember_20170103", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:MinorityInterestOwnershipPercentageByParent", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" } }, "R34": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:OperatingLeaseRightOfUseAsset", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100330 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "shortName": "Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapAdjustmentsForChangeInAccountingPrincipleAxis_pkNewAccountingPronouncementEffectMember_us-gaapAdjustmentsForNewAccountingPronouncementsAxis_us-gaapAccountingStandardsUpdate201602Member_20190101", "decimals": "-6", "lang": null, "name": "us-gaap:OperatingLeaseRightOfUseAsset", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R35": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:BusinessCombinationAcquisitionRelatedCosts", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100340 - Disclosure - Acquisitions and Dispositions - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "shortName": "Acquisitions and Dispositions - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "-6", "lang": null, "name": "us-gaap:ProceedsFromDivestitureOfBusinesses", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R36": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "pk:SummaryOfHotelPortfolioPropertiesAcquiredTableTextBlock", "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBusinessAcquisitionAxis_pkChesapeakeLodgingTrustMember_20190930", "decimals": "INF", "first": true, "lang": null, "name": "pk:NumberOfRooms", "reportCount": 1, "unique": true, "unitRef": "U_pkRoom", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100350 - Disclosure - Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Acquired (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "shortName": "Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Acquired (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "pk:SummaryOfHotelPortfolioPropertiesAcquiredTableTextBlock", "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBusinessAcquisitionAxis_pkChesapeakeLodgingTrustMember_20190930", "decimals": "INF", "first": true, "lang": null, "name": "pk:NumberOfRooms", "reportCount": 1, "unique": true, "unitRef": "U_pkRoom", "xsiNil": "false" } }, "R37": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock", "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBusinessAcquisitionAxis_pkChesapeakeLodgingTrustMember_20190930", "decimals": "-6", "first": true, "lang": null, "name": "pk:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentsNet", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100360 - Disclosure - Acquisitions and Dispositions - Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail", "shortName": "Acquisitions and Dispositions - Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock", "us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBusinessAcquisitionAxis_pkChesapeakeLodgingTrustMember_20190930", "decimals": "-6", "first": true, "lang": null, "name": "pk:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentsNet", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R38": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBusinessAcquisitionAxis_pkChesapeakeLodgingTrustMember_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:BusinessAcquisitionsProFormaRevenue", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100370 - Disclosure - Acquisitions and Dispositions - Schedule of Unaudited Condensed Pro-forma Financial Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail", "shortName": "Acquisitions and Dispositions - Schedule of Unaudited Condensed Pro-forma Financial Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBusinessAcquisitionAxis_pkChesapeakeLodgingTrustMember_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:BusinessAcquisitionsProFormaRevenue", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R39": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtRealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_pkPointeHiltonSquawPeakResortMember_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:HotelPortfolioPropertiesSoldLocation", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100380 - Disclosure - Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Sold (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail", "shortName": "Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Sold (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtRealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_pkPointeHiltonSquawPeakResortMember_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "pk:HotelPortfolioPropertiesSoldLocation", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100030 - Statement - Condensed Consolidated Statements of Comprehensive Income", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome", "shortName": "Condensed Consolidated Statements of Comprehensive Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "lang": null, "name": "us-gaap:CostOfOtherPropertyOperatingExpense", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R40": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:PropertyPlantAndEquipmentTextBlock", "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:Land", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100390 - Disclosure - Property and Equipment - Schedule of Property and Equipment (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail", "shortName": "Property and Equipment - Schedule of Property and Equipment (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:PropertyPlantAndEquipmentTextBlock", "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:Land", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R41": { "firstAnchor": { "ancestors": [ "p", "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:DepreciationNonproduction", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100400 - Disclosure - Property and Equipment - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail", "shortName": "Property and Equipment - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:DepreciationNonproduction", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R42": { "firstAnchor": { "ancestors": [ "p", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "INF", "first": true, "lang": null, "name": "pk:NumberOfConsolidatedVariableInterestEntities", "reportCount": 1, "unique": true, "unitRef": "U_pkEntity", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100410 - Disclosure - Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesAdditionalInformationDetail", "shortName": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "INF", "first": true, "lang": null, "name": "pk:NumberOfConsolidatedVariableInterestEntities", "reportCount": 1, "unique": true, "unitRef": "U_pkEntity", "xsiNil": "false" } }, "R43": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:PropertyPlantAndEquipmentNet", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100420 - Disclosure - Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Schedule of Assets and Liabilities Included in Consolidated Balance Sheets (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "shortName": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Schedule of Assets and Liabilities Included in Consolidated Balance Sheets (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapVariableInterestEntitiesByClassificationOfEntityAxis_us-gaapVariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember_20190930", "decimals": "-6", "lang": null, "name": "us-gaap:PropertyPlantAndEquipmentNet", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R44": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100430 - Disclosure - Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Schedule of Investments in Affiliates (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "shortName": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Schedule of Investments in Affiliates (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:EquityMethodInvestmentsTextBlock", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_pkHiltonSanDiegoBayfrontMember_20190930", "decimals": "INF", "lang": null, "name": "us-gaap:EquityMethodInvestmentOwnershipPercentage", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" } }, "R45": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100440 - Disclosure - Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Schedule of Investments in Affiliates (Parenthetical) (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail", "shortName": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates - Schedule of Investments in Affiliates (Parenthetical) (Detail)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "span", "link:footnote", "p", "td", "tr", "table", "div", "us-gaap:EquityMethodInvestmentsTextBlock", "pk:ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_pkConradDublinMember_20190731", "decimals": "-6", "lang": "en-US", "name": "us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R46": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfDebtTableTextBlock", "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "pk:LongtermDebtAndFinancingLeaseObligationsGross", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100450 - Disclosure - Debt - Schedule of Debt (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "shortName": "Debt - Schedule of Debt (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfDebtTableTextBlock", "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "pk:LongtermDebtAndFinancingLeaseObligationsGross", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R47": { "firstAnchor": { "ancestors": [ "link:footnote", "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfDebtTableTextBlock", "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapCreditFacilityAxis_us-gaapRevolvingCreditFacilityMember_20190930", "decimals": "-9", "first": true, "lang": "en-US", "name": "us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100460 - Disclosure - Debt - Schedule of Debt (Parenthetical) (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "shortName": "Debt - Schedule of Debt (Parenthetical) (Detail)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "link:footnote", "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfDebtTableTextBlock", "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapCreditFacilityAxis_us-gaapRevolvingCreditFacilityMember_20190930", "decimals": "-9", "first": true, "lang": "en-US", "name": "us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R48": { "firstAnchor": { "ancestors": [ "p", "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "4", "first": true, "lang": null, "name": "us-gaap:DerivativeFixedInterestRate", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100470 - Disclosure - Debt - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "shortName": "Debt - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:DebtDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "4", "first": true, "lang": null, "name": "us-gaap:DerivativeFixedInterestRate", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" } }, "R49": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100480 - Disclosure - Debt - Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail", "shortName": "Debt - Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R5": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100040 - Statement - Consolidated Statements of Comprehensive Income (Parenthetical)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementConsolidatedStatementsOfComprehensiveIncomeParenthetical", "shortName": "Consolidated Statements of Comprehensive Income (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R50": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "us-gaap:DerivativesAndFairValueTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapFairValueByMeasurementBasisAxis_us-gaapCarryingReportedAmountFairValueDisclosureMember_us-gaapLongtermDebtTypeAxis_pkSanFranciscoCommercialMortgagedBackedSecuritiesLoanMember_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:LoansPayableFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100490 - Disclosure - Fair Value Measurements and Derivative Instruments - Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail", "shortName": "Fair Value Measurements and Derivative Instruments - Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "us-gaap:DerivativesAndFairValueTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapFairValueByMeasurementBasisAxis_us-gaapCarryingReportedAmountFairValueDisclosureMember_us-gaapLongtermDebtTypeAxis_pkSanFranciscoCommercialMortgagedBackedSecuritiesLoanMember_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:LoansPayableFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R51": { "firstAnchor": { "ancestors": [ "p", "us-gaap:DerivativesAndFairValueTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBalanceSheetLocationAxis_us-gaapOtherLiabilitiesMember_us-gaapLongtermDebtTypeAxis_us-gaapInterestRateSwapMember_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:DerivativeFairValueOfDerivativeLiability", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100500 - Disclosure - Fair Value Measurements and Derivative Instruments - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "shortName": "Fair Value Measurements and Derivative Instruments - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:DerivativesAndFairValueTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapBalanceSheetLocationAxis_us-gaapOtherLiabilitiesMember_us-gaapLongtermDebtTypeAxis_us-gaapInterestRateSwapMember_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:DerivativeFairValueOfDerivativeLiability", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R52": { "firstAnchor": { "ancestors": [ "p", "pk:LesseeOperatingAndFinancingLeasesTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "INF", "first": true, "lang": null, "name": "pk:NumberOfPropertiesAcquiredAsPartOfMerger", "reportCount": 1, "unique": true, "unitRef": "U_pkProperty", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100510 - Disclosure - Leases - Additional Information (Details)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails", "shortName": "Leases - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "pk:LesseeOperatingAndFinancingLeasesTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "INF", "first": true, "lang": null, "name": "pk:NumberOfPropertiesAcquiredAsPartOfMerger", "reportCount": 1, "unique": true, "unitRef": "U_pkProperty", "xsiNil": "false" } }, "R53": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100520 - Disclosure - Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail", "shortName": "Leases - Schedule of Maturities of Non-Cancelable Operating Lease Liabilities (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R54": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:LeaseCostTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:OperatingLeaseCost", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100540 - Disclosure - Leases - Schedule of Rent Expense and Supplemental Cash Flow And Non Cash Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfRentExpenseAndSupplementalCashFlowAndNonCashInformationDetail", "shortName": "Leases - Schedule of Rent Expense and Supplemental Cash Flow And Non Cash Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:LeaseCostTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:OperatingLeaseCost", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R55": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:IncomeTaxExpenseBenefit", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100550 - Disclosure - Income Taxes - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail", "shortName": "Income Taxes - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:IncomeTaxDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapIncomeTaxAuthorityAxis_us-gaapDomesticCountryMember_us-gaapInvestmentTypeAxis_pkRealEstateInvestmentTrustMember_20190701_20190930", "decimals": "INF", "lang": null, "name": "us-gaap:IncomeTaxExpenseBenefit", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R56": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:CommonStockSharesAuthorized", "reportCount": 1, "unitRef": "U_xbrlishares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100560 - Disclosure - Share-Based Compensation - Additional Information (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "shortName": "Share-Based Compensation - Additional Information (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapAwardTypeAxis_us-gaapEmployeeStockOptionMember_20190701_20190930", "decimals": "-6", "lang": null, "name": "us-gaap:AllocatedShareBasedCompensationExpense", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R57": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapAwardTypeAxis_us-gaapRestrictedStockMember_20181231", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unique": true, "unitRef": "U_xbrlishares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100570 - Disclosure - Share-Based Compensation - Schedule of Restricted Stock Awards (\"RSAs\") (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail", "shortName": "Share-Based Compensation - Schedule of Restricted Stock Awards (\"RSAs\") (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapAwardTypeAxis_us-gaapRestrictedStockMember_20181231", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unique": true, "unitRef": "U_xbrlishares", "xsiNil": "false" } }, "R58": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapAwardTypeAxis_us-gaapPerformanceSharesMember_20181231", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unique": true, "unitRef": "U_xbrlishares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100580 - Disclosure - Share-Based Compensation - Schedule of Performance Stock Units (\"PSUs\") (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "shortName": "Share-Based Compensation - Schedule of Performance Stock Units (\"PSUs\") (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "ix:continuation", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapAwardTypeAxis_us-gaapPerformanceSharesMember_20181231", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unique": true, "unitRef": "U_xbrlishares", "xsiNil": "false" } }, "R59": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "pk:ScheduleOfShareBasedPaymentAwardPerformanceAwardsValuationAssumptionsTableTextBlock", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100590 - Disclosure - Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail", "shortName": "Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "pk:ScheduleOfShareBasedPaymentAwardPerformanceAwardsValuationAssumptionsTableTextBlock", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:ProfitLoss", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100050 - Statement - Condensed Consolidated Statements of Cash Flows", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows", "shortName": "Condensed Consolidated Statements of Cash Flows", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "-6", "lang": null, "name": "pk:CasualtyGainLossAndImpairmentLossNetOperatingActivities", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R60": { "firstAnchor": { "ancestors": [ "link:footnote", "p", "td", "tr", "table", "div", "pk:ScheduleOfShareBasedPaymentAwardPerformanceAwardsValuationAssumptionsTableTextBlock", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "3", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100600 - Disclosure - Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Parenthetical) (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelParentheticalDetail", "shortName": "Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Parenthetical) (Detail)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "link:footnote", "p", "td", "tr", "table", "div", "pk:ScheduleOfShareBasedPaymentAwardPerformanceAwardsValuationAssumptionsTableTextBlock", "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "3", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate", "reportCount": 1, "unique": true, "unitRef": "U_xbrlipure", "xsiNil": "false" } }, "R61": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100610 - Disclosure - Earnings Per Share (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail", "shortName": "Earnings Per Share (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "us-gaap:EarningsPerShareTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "-6", "lang": null, "name": "pk:ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R62": { "firstAnchor": { "ancestors": [ "p", "us-gaap:SegmentReportingDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:NumberOfOperatingSegments", "reportCount": 1, "unique": true, "unitRef": "U_pkSegment", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100620 - Disclosure - Business Segment Information - Hotel Properties by Segment (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationHotelPropertiesBySegmentDetail", "shortName": "Business Segment Information - Hotel Properties by Segment (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:SegmentReportingDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:NumberOfOperatingSegments", "reportCount": 1, "unique": true, "unitRef": "U_pkSegment", "xsiNil": "false" } }, "R63": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100630 - Disclosure - Business Segment Information - Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "shortName": "Business Segment Information - Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "pk:ReconciliationOfRevenueAndAdjustedEarningsBeforeIncomeTaxDepreciationAmortizationFromSegmentsToConsolidatedAmountsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "-6", "lang": null, "name": "pk:AdjustedEbitda", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R64": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:Assets", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100640 - Disclosure - Business Segment Information - Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts (Detail)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail", "shortName": "Business Segment Information - Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts (Detail)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "us-gaap:ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock", "ix:continuation", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_us-gaapStatementBusinessSegmentsAxis_pkConsolidatedHotelsSegmentMember_20190930", "decimals": "-6", "lang": null, "name": "us-gaap:Assets", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R65": { "firstAnchor": { "ancestors": [ "p", "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:PurchaseCommitmentRemainingMinimumAmountCommitted", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100650 - Disclosure - Commitments and Contingencies - Additional Information (Details)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails", "shortName": "Commitments and Contingencies - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190930", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:PurchaseCommitmentRemainingMinimumAmountCommitted", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R66": { "firstAnchor": { "ancestors": [ "p", "us-gaap:SubsequentEventsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtRealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_pkAceHotelDowntownLosAngelesMember_us-gaapSubsequentEventTypeAxis_us-gaapSubsequentEventMember_20191101", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100660 - Disclosure - Subsequent Events - Additional Information (Details)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails", "shortName": "Subsequent Events - Additional Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "p", "us-gaap:SubsequentEventsTextBlock", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_srtRealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_pkAceHotelDowntownLosAngelesMember_us-gaapSubsequentEventTypeAxis_us-gaapSubsequentEventMember_20191101", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20171231", "decimals": "-6", "first": true, "lang": null, "name": "us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "reportCount": 1, "unitRef": "U_iso4217USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100060 - Statement - Condensed Consolidated Statements of Equity (Unaudited)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited", "shortName": "Condensed Consolidated Statements of Equity (Unaudited)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20180101_20180331", "decimals": "-6", "lang": null, "name": "us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD", "xsiNil": "false" } }, "R8": { "firstAnchor": { "ancestors": [ "us-gaap:CommonStockDividendsPerShareDeclared", "link:footnote", "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "2", "first": true, "lang": "en-US", "name": "us-gaap:CommonStockDividendsPerShareDeclared", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD_xbrlishares", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "100070 - Statement - Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical)", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnauditedParenthetical", "shortName": "Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "us-gaap:CommonStockDividendsPerShareDeclared", "link:footnote", "p", "td", "tr", "table", "div", "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190701_20190930", "decimals": "2", "first": true, "lang": "en-US", "name": "us-gaap:CommonStockDividendsPerShareDeclared", "reportCount": 1, "unique": true, "unitRef": "U_iso4217USD_xbrlishares", "xsiNil": "false" } }, "R9": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "100080 - Disclosure - Organization", "role": "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganization", "shortName": "Organization", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "pk-10q_20190930.htm", "contextRef": "C_0001617406_20190101_20190930", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 73, "tag": { "country_PR": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "PUERTO RICO", "terseLabel": "Caribe Hilton [Member]" } } }, "localname": "PR", "nsuri": "http://xbrl.sec.gov/country/2017-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "verboseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date", "terseLabel": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus", "terseLabel": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus", "terseLabel": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r369" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report", "terseLabel": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r370" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report", "terseLabel": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address Address Line1", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address Address Line2", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address City Or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address State Or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock Shares Outstanding", "terseLabel": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status", "terseLabel": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category", "terseLabel": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r372" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current", "terseLabel": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "verboseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company", "terseLabel": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business", "terseLabel": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r371" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r367" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security12b Title", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r368" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "pk_AceHotelDowntownLosAngelesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Ace Hotel Downtown Los Angeles.", "label": "Ace Hotel Downtown Los Angeles [Member]", "terseLabel": "Ace Hotel Downtown Los Angeles [Member]" } } }, "localname": "AceHotelDowntownLosAngelesMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "pk_AdditionalInsuranceReceivableRecognized": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Additional insurance receivable recognized during the period for property and equipment that were damaged during the hurricanes.", "label": "Additional Insurance Receivable Recognized", "terseLabel": "Additional insurance receivable recognized for property and equipment damaged from hurricanes" } } }, "localname": "AdditionalInsuranceReceivableRecognized", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_AdjustedEbitda": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10010.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Earnings before interest expense, taxes, depreciation and amortization, adjusted to exclude certain items, including, but not limited to, gains, losses and expenses in connection with: (i) sales of assets for both consolidated and unconsolidated investments; (ii) foreign currency transactions; (iii) transition costs related to our establishment as an independent, publicly traded company; (iv) share-based compensation expense; (v) non-cash impairment losses; and (vi) other items that we believe are not representative of our current or future operating performance.", "label": "Adjusted Ebitda", "terseLabel": "Hotel Adjusted EBITDA" } } }, "localname": "AdjustedEbitda", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail" ], "xbrltype": "monetaryItemType" }, "pk_AllOthersSevenHotelsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "All others seven and hotels.", "label": "All Others Seven Hotels [Member]", "terseLabel": "All others (7 hotels) [Member]" } } }, "localname": "AllOthersSevenHotelsMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail" ], "xbrltype": "domainItemType" }, "pk_AncillaryHotelMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Ancillary hotel.", "label": "Ancillary Hotel [Member]", "terseLabel": "Ancillary Hotel [Member]" } } }, "localname": "AncillaryHotelMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "domainItemType" }, "pk_BostonMarriottNewtonMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boston Marriott Newton.", "label": "Boston Marriott Newton [Member]", "terseLabel": "Boston Marriott Newton [Member]" } } }, "localname": "BostonMarriottNewtonMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_BusinessAcquisitionConsiderationTransferredShareholdersCashPerShare": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Business acquisition consideration transferred shareholders cash per share.", "label": "Business Acquisition Consideration Transferred Shareholders Cash Per Share", "terseLabel": "Business acquisition, cash consideration transferred, per share" } } }, "localname": "BusinessAcquisitionConsiderationTransferredShareholdersCashPerShare", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "perShareItemType" }, "pk_BusinessAcquisitionConsiderationTransferredShareholdersNumberOfSharesPerShare": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Business acquisition consideration transferred shareholders number of shares per share.", "label": "Business Acquisition Consideration Transferred Shareholders Number Of Shares Per Share", "terseLabel": "Business acquisition, consideration transferred number of shares per share" } } }, "localname": "BusinessAcquisitionConsiderationTransferredShareholdersNumberOfSharesPerShare", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "sharesItemType" }, "pk_BusinessAcquisitionFractionalSharesOfCommonStockToBeIssued": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Business acquisition fractional shares of common stock to be issued.", "label": "Business Acquisition Fractional Shares Of Common Stock To Be Issued", "terseLabel": "Fractional shares of common stock to be issued in merger agreement" } } }, "localname": "BusinessAcquisitionFractionalSharesOfCommonStockToBeIssued", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "sharesItemType" }, "pk_BusinessAcquisitionProFormaOperatingIncomeLoss": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Business acquisition pro forma operating income loss.", "label": "Business Acquisition Pro Forma Operating Income Loss", "terseLabel": "Operating income" } } }, "localname": "BusinessAcquisitionProFormaOperatingIncomeLoss", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndAccruedExpenses": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10100.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Business combination recognized identifiable assets acquired and liabilities assumed accounts payable and accrued expenses.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Accrued Expenses", "negatedLabel": "Accounts payable and accrued expenses" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndAccruedExpenses", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentsNet": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10010.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Business combination recognized identifiable assets acquired and liabilities assumed investments net.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Investments Net", "terseLabel": "Investment in hotel properties, net" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentsNet", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebtGross": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt gross due after one year or the normal operating cycle, if longer, assumed at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt Gross", "terseLabel": "Mortgage loans assumed" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebtGross", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseLiability": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10130.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Business combination recognized identifiable assets acquired and liabilities assumed operating lease liability.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Liability", "negatedLabel": "Operating lease liability" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseLiability", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAsset": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10080.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Business combination recognized identifiable assets acquired and liabilities assumed operating lease right of use asset.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Asset", "terseLabel": "Operating lease right-of-use asset" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAsset", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAccruedLiabilitiesCurrentAndNoncurrent": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10110.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Business combination recognized identifiable assets acquired and liabilities assumed other accrued liabilities current and noncurrent.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Accrued Liabilities Current And Noncurrent", "negatedLabel": "Due to hotel managers" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAccruedLiabilitiesCurrentAndNoncurrent", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "pk_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRestrictedCash": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10040.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Business combination recognized identifiable assets acquired and liabilities assumed restricted cash.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Restricted Cash", "terseLabel": "Restricted cash" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRestrictedCash", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "pk_CasualtyGainLossAndImpairmentLossNet": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10030.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10220.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Casualty gain (loss) and impairment loss net.", "label": "Casualty Gain Loss And Impairment Loss Net", "negatedLabel": "Casualty (loss) gain and impairment loss, net", "terseLabel": "Casualty loss (gain) and impairment loss, net", "verboseLabel": "Casualty (gain) loss and impairment loss, net" } } }, "localname": "CasualtyGainLossAndImpairmentLossNet", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "pk_CasualtyGainLossAndImpairmentLossNetOperatingActivities": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10190.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Casualty gain loss and impairment loss net operating activities.", "label": "Casualty Gain Loss And Impairment Loss Net Operating Activities", "terseLabel": "Casualty loss (gain) and impairment loss, net" } } }, "localname": "CasualtyGainLossAndImpairmentLossNetOperatingActivities", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "pk_CatastrophesExpenses": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Catastrophes expenses.", "label": "Catastrophes Expenses", "terseLabel": "Expenses on property and equipment from hurricane damage" } } }, "localname": "CatastrophesExpenses", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_ChesapeakeLodgingTrustMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Chesapeake Lodging Trust.", "label": "Chesapeake Lodging Trust [Member]", "terseLabel": "Chesapeake Lodging Trust [Member]" } } }, "localname": "ChesapeakeLodgingTrustMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "pk_CommercialMortgagedBackedSecuritiesLoansAndMortgageLoansMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commercial mortgaged-backed securities loans and mortgage loans.", "label": "Commercial Mortgaged Backed Securities Loans And Mortgage Loans [Member]", "terseLabel": "CMBS and mortgage loans [Member]" } } }, "localname": "CommercialMortgagedBackedSecuritiesLoansAndMortgageLoansMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "pk_ConradDublinMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Conrad Dublin.", "label": "Conrad Dublin [Member]", "terseLabel": "Conrad Dublin [Member]" } } }, "localname": "ConradDublinMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "domainItemType" }, "pk_ConsolidatedHotelsSegmentMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Consolidated hotels segment.", "label": "Consolidated Hotels Segment [Member]", "terseLabel": "Consolidated Hotels [Member]", "verboseLabel": "Total consolidated hotel revenue [Member]" } } }, "localname": "ConsolidatedHotelsSegmentMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail" ], "xbrltype": "domainItemType" }, "pk_ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Consolidated variable interest entities and investments in affiliates.", "label": "Consolidated Variable Interest Entities And Investments In Affiliates [Abstract]" } } }, "localname": "ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesAbstract", "nsuri": "http://www.hiltonworldwide.com/20190930", "xbrltype": "stringItemType" }, "pk_ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Consolidated variable interest entities and investments in affiliates disclosure.", "label": "Consolidated Variable Interest Entities And Investments In Affiliates Disclosure [Text Block]", "terseLabel": "Consolidated Variable Interest Entities (\"VIEs\") and Investments in Affiliates" } } }, "localname": "ConsolidatedVariableInterestEntitiesAndInvestmentsInAffiliatesDisclosureTextBlock", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliates" ], "xbrltype": "textBlockItemType" }, "pk_CourtyardWashingtonCapitolHillNavyYardMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Courtyard Washington Capitol Hill Navy Yard.", "label": "Courtyard Washington Capitol Hill Navy Yard [Member]", "terseLabel": "Courtyard Washington Capitol Hill/Navy Yard [Member]" } } }, "localname": "CourtyardWashingtonCapitolHillNavyYardMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_DateMajorityofLeasesExpire": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The date by which majority of lease terms expire.", "label": "Date Majorityof Leases Expire", "terseLabel": "Date majority of leases expire" } } }, "localname": "DateMajorityofLeasesExpire", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails" ], "xbrltype": "gYearItemType" }, "pk_DebtInstrumentMaturityDateEndYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Debt instrument maturity date end year.", "label": "Debt Instrument Maturity Date End Year", "terseLabel": "Maturity Date, end year" } } }, "localname": "DebtInstrumentMaturityDateEndYear", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "gYearItemType" }, "pk_DebtInstrumentMaturityDateMonthAndYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Debt instrument maturity date month and year.", "label": "Debt Instrument Maturity Date Month And Year", "terseLabel": "Maturity Date" } } }, "localname": "DebtInstrumentMaturityDateMonthAndYear", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "gYearMonthItemType" }, "pk_DebtInstrumentMaturityDateStartYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Debt instrument maturity date start year.", "label": "Debt Instrument Maturity Date Start Year", "terseLabel": "Maturity Date, start year" } } }, "localname": "DebtInstrumentMaturityDateStartYear", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "gYearItemType" }, "pk_DisposalGroupIncludingDiscontinuedOperationProRataShareOfDebt": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Disposal group including discontinued operation pro rata share of debt.", "label": "Disposal Group Including Discontinued Operation Pro Rata Share Of Debt", "terseLabel": "Pro-rata share, debt" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationProRataShareOfDebt", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "monetaryItemType" }, "pk_DisposalGroupIncludingDiscontinuedOperationProRataShareOfSalesPrice": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Disposal Group, including discontinued operation, pro-rata share of sales price.", "label": "Disposal Group Including Discontinued Operation Pro Rata Share Of Sales Price", "verboseLabel": "Pro-rata share, gross sales price" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationProRataShareOfSalesPrice", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "monetaryItemType" }, "pk_DisposalOfHotelPortfolioPropertiesTransactionMonthAndYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disposal of hotel portfolio properties transaction month and year.", "label": "Disposal Of Hotel Portfolio Properties Transaction Month And Year", "terseLabel": "Month Sold" } } }, "localname": "DisposalOfHotelPortfolioPropertiesTransactionMonthAndYear", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "gYearMonthItemType" }, "pk_EmbassySuitesParsippanyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Embassy Suites Parsippany.", "label": "Embassy Suites Parsippany [Member]", "terseLabel": "Embassy Suites Parsippany [Member]" } } }, "localname": "EmbassySuitesParsippanyMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "domainItemType" }, "pk_FTSENAREITCompanyMarketCapitalizationMinimum": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The performance achievement factor is based on total shareholder return relative to that of companies that comprise the FTSE NAREIT Lodging Resorts Index with this minimum market capitalization as of the first day of the performance period.", "label": "F T S E N A R E I T Company Market Capitalization Minimum", "terseLabel": "Market capitalization" } } }, "localname": "FTSENAREITCompanyMarketCapitalizationMinimum", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_HiltonAtlantaAirportMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton Atlanta Airport.", "label": "Hilton Atlanta Airport [Member]", "terseLabel": "Hilton Atlanta Airport [Member]" } } }, "localname": "HiltonAtlantaAirportMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonBerlinMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton Berlin.", "label": "Hilton Berlin [Member]", "terseLabel": "Hilton Berlin [Member]" } } }, "localname": "HiltonBerlinMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonCheckersLosAngelesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton Checkers Los Angeles.", "label": "Hilton Checkers Los Angeles [Member]", "terseLabel": "Hilton Checkers Los Angeles [Member]" } } }, "localname": "HiltonCheckersLosAngelesMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonDenverCityCenterMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton Denver City Center.", "label": "Hilton Denver City Center [Member]", "terseLabel": "Hilton Denver City Center [Member]" } } }, "localname": "HiltonDenverCityCenterMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton Hawaiian Village commercial mortgaged-backed securities Loan.", "label": "Hilton Hawaiian Village Commercial Mortgaged Backed Securities Loan [Member]", "terseLabel": "HHV CMBS Loan [Member]" } } }, "localname": "HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonNewOrleansAirportMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton New Orleans Airport.", "label": "Hilton New Orleans Airport [Member]", "terseLabel": "Hilton New Orleans Airport [Member]" } } }, "localname": "HiltonNewOrleansAirportMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonNurembergMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton Nuremberg.", "label": "Hilton Nuremberg [Member]", "terseLabel": "Hilton Nuremberg [Member]" } } }, "localname": "HiltonNurembergMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonSanDiegoBayfrontMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton San Diego Bayfront.", "label": "Hilton San Diego Bayfront [Member]", "terseLabel": "Hilton San Diego Bayfront [Member]" } } }, "localname": "HiltonSanDiegoBayfrontMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail" ], "xbrltype": "domainItemType" }, "pk_HiltonSaoPauloMorumbiMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hilton S\u00e3o Paulo Morumbi.", "label": "Hilton Sao Paulo Morumbi [Member]", "terseLabel": "Hilton Sao Paulo Morumbi [Member]" } } }, "localname": "HiltonSaoPauloMorumbiMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "pk_HomewoodSuitesByHiltonSeattleConventionCenterPikeStreetMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Homewood Suites by Hilton Seattle Convention Center Pike Street.", "label": "Homewood Suites By Hilton Seattle Convention Center Pike Street [Member]", "terseLabel": "Homewood Suites by Hilton Seattle Convention Center Pike Street [Member]" } } }, "localname": "HomewoodSuitesByHiltonSeattleConventionCenterPikeStreetMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HotelAdagioAutographCollectionMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hotel Adagio Autograph Collection.", "label": "Hotel Adagio Autograph Collection [Member]", "terseLabel": "Hotel Adagio Autograph Collection [Member]" } } }, "localname": "HotelAdagioAutographCollectionMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HotelIndigoSanDiegoGaslampQuarterMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hotel Indigo San Diego Gaslamp Quarter.", "label": "Hotel Indigo San Diego Gaslamp Quarter [Member]", "terseLabel": "Hotel Indigo San Diego Gaslamp Quarter [Member]" } } }, "localname": "HotelIndigoSanDiegoGaslampQuarterMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HotelPortfolioPropertiesAcquiredLocation": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hotel portfolio properties acquired location.", "label": "Hotel Portfolio Properties Acquired Location", "terseLabel": "Location" } } }, "localname": "HotelPortfolioPropertiesAcquiredLocation", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "stringItemType" }, "pk_HotelPortfolioPropertiesSoldLocation": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hotel portfolio properties sold location.", "label": "Hotel Portfolio Properties Sold Location", "terseLabel": "Location" } } }, "localname": "HotelPortfolioPropertiesSoldLocation", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "stringItemType" }, "pk_HyattCentricFishermansWharfMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hyatt Centric Fishermans Wharf.", "label": "Hyatt Centric Fishermans Wharf [Member]", "terseLabel": "Hyatt Centric Fishermans Wharf" } } }, "localname": "HyattCentricFishermansWharfMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HyattRegencyBostonMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hyatt Regency Boston.", "label": "Hyatt Regency Boston [Member]", "terseLabel": "Hyatt Regency Boston [Member]" } } }, "localname": "HyattRegencyBostonMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_HyattRegencyMissionBaySpaAndMarinaMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Hyatt Regency Mission Bay Spa and Marina.", "label": "Hyatt Regency Mission Bay Spa And Marina [Member]", "terseLabel": "Hyatt Regency Mission Bay Spa and Marina [Member]" } } }, "localname": "HyattRegencyMissionBaySpaAndMarinaMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_IncomeTaxesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Income taxes line items.", "label": "Income Taxes [Line Items]", "terseLabel": "Income Taxes [Line Items]" } } }, "localname": "IncomeTaxesLineItems", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "pk_IncomeTaxesTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Income taxes.", "label": "Income Taxes [Table]", "terseLabel": "Income Taxes [Table]" } } }, "localname": "IncomeTaxesTable", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "pk_InsuranceExpenseReimbursements": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Insurance expense reimbursements.", "label": "Insurance Expense Reimbursements", "terseLabel": "Reimbursements expense" } } }, "localname": "InsuranceExpenseReimbursements", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_JWMarriottSanFranciscoUnionSquareMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "J W Marriott San Francisco Union Square.", "label": "J W Marriott San Francisco Union Square [Member]", "terseLabel": "JW Marriott San Francisco Union Square [Member]" } } }, "localname": "JWMarriottSanFranciscoUnionSquareMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_LeMeridienNewOrleansMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Le Meridien New Orleans.", "label": "Le Meridien New Orleans [Member]", "terseLabel": "Le Meridien New Orleans [Member]" } } }, "localname": "LeMeridienNewOrleansMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_LeMeridienSanFranciscoMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Le Meridien San Francisco.", "label": "Le Meridien San Francisco [Member]", "terseLabel": "Le Meridien San Francisco [Member]" } } }, "localname": "LeMeridienSanFranciscoMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_LeasesEndingExpirationDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The latest expiration date of leases.", "label": "Leases Ending Expiration Date", "terseLabel": "Leases ending expiration date" } } }, "localname": "LeasesEndingExpirationDate", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails" ], "xbrltype": "gYearItemType" }, "pk_LesseeOperatingAndFinancingLeasesTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Lessee operating and financing leases.", "label": "Lessee Operating And Financing Leases [Text Block]", "terseLabel": "Leases" } } }, "localname": "LesseeOperatingAndFinancingLeasesTextBlock", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeases" ], "xbrltype": "textBlockItemType" }, "pk_LineOfCreditFacilityAdditionalBorrowingCapacity": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Line of credit facility additional borrowing capacity.", "label": "Line Of Credit Facility Additional Borrowing Capacity", "terseLabel": "Term loan facility, additional borrowing capacity" } } }, "localname": "LineOfCreditFacilityAdditionalBorrowingCapacity", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_LongtermDebtAndFinancingLeaseObligationsGross": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail": { "order": 10010.0, "parentTag": "us-gaap_DebtAndCapitalLeaseObligations", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt and financing lease obligations with initial maturities beyond one year or the normal operating cycle, if longer, including current maturities and gross of unamortized discounts.", "label": "Longterm Debt And Financing Lease Obligations Gross", "terseLabel": "Debt and financing lease obligations, gross" } } }, "localname": "LongtermDebtAndFinancingLeaseObligationsGross", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "monetaryItemType" }, "pk_ManagementAndFranchiseFees": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10210.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fees comprised of base and incentive fees paid for the management of properties by a third-party and the right to operate a business using the entity\u2019s name, merchandise, services, methodologies, promotional support, marketing, and supplies.", "label": "Management And Franchise Fees", "terseLabel": "Management fees" } } }, "localname": "ManagementAndFranchiseFees", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "pk_NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Net income attributable to stockholders net of earnings allocated to participating securities.", "label": "Net Income Attributable To Stockholders Net Of Earnings Allocated To Participating Securities", "totalLabel": "Net income attributable to stockholders, net of earnings allocated to participating securities" } } }, "localname": "NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail" ], "xbrltype": "monetaryItemType" }, "pk_NewAccountingPronouncementEffectMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "New accounting pronouncement effect.", "label": "New Accounting Pronouncement Effect [Member]", "terseLabel": "New Accounting Pronouncement Effect [Member]" } } }, "localname": "NewAccountingPronouncementEffectMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "pk_NonCashFinancingActivityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Non-cash financing activity.", "label": "Non Cash Financing Activity [Abstract]", "terseLabel": "Non-cash financing activities:" } } }, "localname": "NonCashFinancingActivityAbstract", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "pk_NonEmployeeStockOptionMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Non-employee stock option.", "label": "Non Employee Stock Option [Member]", "terseLabel": "2017 Director Plan [Member]" } } }, "localname": "NonEmployeeStockOptionMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "pk_NoncashInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Noncash investing activities.", "label": "Noncash Investing Activities [Abstract]", "terseLabel": "Non-cash investing activities:" } } }, "localname": "NoncashInvestingActivitiesAbstract", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "pk_NumberOfConsolidatedPropertiesUnderGroundLeases": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of consolidated properties under ground leases.", "label": "Number Of Consolidated Properties Under Ground Leases", "terseLabel": "Number of consolidated properties under ground leases" } } }, "localname": "NumberOfConsolidatedPropertiesUnderGroundLeases", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "pk_NumberOfConsolidatedVariableInterestEntities": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of consolidated variable interest entities.", "label": "Number Of Consolidated Variable Interest Entities", "verboseLabel": "Number of consolidated VIEs" } } }, "localname": "NumberOfConsolidatedVariableInterestEntities", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesAdditionalInformationDetail" ], "xbrltype": "integerItemType" }, "pk_NumberOfHotelPortfolioPropertiesSold": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of hotel portfolio properties sold.", "label": "Number Of Hotel Portfolio Properties Sold", "terseLabel": "Number of hotel portfolio properties sold" } } }, "localname": "NumberOfHotelPortfolioPropertiesSold", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "integerItemType" }, "pk_NumberOfHotelsSustainedDamage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of hotels sustained damage.", "label": "Number Of Hotels Sustained Damage", "terseLabel": "Number of hotels sustained damage" } } }, "localname": "NumberOfHotelsSustainedDamage", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "pk_NumberOfPropertiesAcquiredAsPartOfMerger": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of properties acquired as part of merger.", "label": "Number Of Properties Acquired As Part Of Merger", "terseLabel": "Number of properties with ground leases acquired as part of the merger" } } }, "localname": "NumberOfPropertiesAcquiredAsPartOfMerger", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "pk_NumberOfRooms": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of rooms.", "label": "Number Of Rooms", "terseLabel": "Rooms" } } }, "localname": "NumberOfRooms", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "integerItemType" }, "pk_OrganizationLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Organization.", "label": "Organization [Line Items]", "terseLabel": "Organization [Line Items]" } } }, "localname": "OrganizationLineItems", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "pk_OrganizationTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Organization.", "label": "Organization [Table]", "terseLabel": "Organization [Table]" } } }, "localname": "OrganizationTable", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "pk_OtherDepartmentalAndSupportMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Other departmental and support.", "label": "Other Departmental And Support [Member]", "terseLabel": "Other Departmental and Support [Member]" } } }, "localname": "OtherDepartmentalAndSupportMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "domainItemType" }, "pk_OtherItems": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10150.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Other items.", "label": "Other Items", "negatedLabel": "Other items" } } }, "localname": "OtherItems", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail" ], "xbrltype": "monetaryItemType" }, "pk_ParkIntermediateHoldingsLimitedLiabilityCompanyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Park Intermediate Holdings LLC.", "label": "Park Intermediate Holdings Limited Liability Company [Member]", "terseLabel": "Park Intermediate Holdings LLC [Member]" } } }, "localname": "ParkIntermediateHoldingsLimitedLiabilityCompanyMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "pk_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail": { "order": 10040.0, "parentTag": "pk_NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of earnings (loss) distributed and earnings (loss) allocated to participating securities for the basic and diluted earnings (loss) per share or per unit calculation under the two-class method.", "label": "Participating Securities Distributed And Undistributed Earnings Loss Basic And Diluted", "negatedLabel": "Earnings allocated to participating securities" } } }, "localname": "ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail" ], "xbrltype": "monetaryItemType" }, "pk_PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10110.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Payments to acquire businesses net of cash and restricted cash acquired.", "label": "Payments To Acquire Businesses Net Of Cash And Restricted Cash Acquired", "negatedLabel": "Acquisitions, net of cash and restricted cash acquired" } } }, "localname": "PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "pk_PercentageOfOwnershipInterestInProperties": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of ownership interest in properties.", "label": "Percentage Of Ownership Interest In Properties", "terseLabel": "Percentage of ownership interest in properties" } } }, "localname": "PercentageOfOwnershipInterestInProperties", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "percentItemType" }, "pk_PointeHiltonSquawPeakResortMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Pointe Hilton Squaw Peak Resort.", "label": "Pointe Hilton Squaw Peak Resort [Member]", "terseLabel": "Pointe Hilton Squaw Peak Resort [Member]" } } }, "localname": "PointeHiltonSquawPeakResortMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "domainItemType" }, "pk_ProRataShareBeforeCustomaryClosingAdjustmentsAmount": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Pro-rata share before customary closing adjustments amount.", "label": "Pro Rata Share Before Customary Closing Adjustments Amount", "terseLabel": "Pro-rata share amount before customary closing adjustments" } } }, "localname": "ProRataShareBeforeCustomaryClosingAdjustmentsAmount", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_PropertyDamageInsuranceRecovery": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Property damage insurance recovery.", "label": "Property Damage Insurance Recovery", "terseLabel": "Insurance receivable for property damage" } } }, "localname": "PropertyDamageInsuranceRecovery", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_RealEstateInvestmentTrustMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Real estate investment trust.", "label": "Real Estate Investment Trust [Member]", "terseLabel": "REIT [Member]" } } }, "localname": "RealEstateInvestmentTrustMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "pk_ReclassificationOfCurrencyTranslationAdjustmentFromAccumulatedOtherComprehensiveLossToEarningsOnDispositionOfUnconsolidatedEquityMethodInvestments": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Reclassification of currency translation adjustment from accumulated other comprehensive loss to earnings on disposition of unconsolidated equity method investments.", "label": "Reclassification Of Currency Translation Adjustment From Accumulated Other Comprehensive Loss To Earnings On Disposition Of Unconsolidated Equity Method Investments", "terseLabel": "Reclassification of currency translation adjustment from accumulated other comprehensive loss to earnings on disposition of hotel portfolio properties" } } }, "localname": "ReclassificationOfCurrencyTranslationAdjustmentFromAccumulatedOtherComprehensiveLossToEarningsOnDispositionOfUnconsolidatedEquityMethodInvestments", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_ReconciliationOfRevenueAndAdjustedEBITDAFromSegmentsToConsolidatedAmountsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reconciliation of revenue and adjusted EBITDA from segments to consolidated amounts.", "label": "Reconciliation Of Revenue And Adjusted E B I T D A From Segments To Consolidated Amounts [Line Items]", "terseLabel": "Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated Amounts [Line Items]" } } }, "localname": "ReconciliationOfRevenueAndAdjustedEBITDAFromSegmentsToConsolidatedAmountsLineItems", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail" ], "xbrltype": "stringItemType" }, "pk_ReconciliationOfRevenueAndAdjustedEBITDAFromSegmentsToConsolidatedAmountsTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reconciliation of revenue and adjusted EBITDA from segments to consolidated amounts.", "label": "Reconciliation Of Revenue And Adjusted E B I T D A From Segments To Consolidated Amounts [Table]", "terseLabel": "Reconciliation Of Revenue And Adjusted E B I T D A From Segments To Consolidated Amounts [Table]" } } }, "localname": "ReconciliationOfRevenueAndAdjustedEBITDAFromSegmentsToConsolidatedAmountsTable", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail" ], "xbrltype": "stringItemType" }, "pk_ReconciliationOfRevenueAndAdjustedEarningsBeforeIncomeTaxDepreciationAmortizationFromSegmentsToConsolidatedAmountsTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reconciliation of consolidated hotel revenue to condensed consolidated revenue and hotel adjusted EBITDA to net income.", "label": "Reconciliation Of Revenue And Adjusted Earnings Before Income Tax Depreciation Amortization From Segments To Consolidated Amounts Table [Text Block]", "terseLabel": "Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income" } } }, "localname": "ReconciliationOfRevenueAndAdjustedEarningsBeforeIncomeTaxDepreciationAmortizationFromSegmentsToConsolidatedAmountsTableTextBlock", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationTables" ], "xbrltype": "textBlockItemType" }, "pk_RoyalPalmSouthBeachMiamiATributePortfolioResortMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Royal Palm South Beach Miami A Tribute Portfolio Resort.", "label": "Royal Palm South Beach Miami A Tribute Portfolio Resort [Member]", "terseLabel": "Royal Palm South Beach Miami, A Tribute Portfolio Resort [Member]" } } }, "localname": "RoyalPalmSouthBeachMiamiATributePortfolioResortMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_SaleLeasebackTransactionAmountDueUnderFinancingMethod": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10130.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The liability due as of the balance sheet date for leasebacks accounted for using the financing method.", "label": "Sale Leaseback Transaction Amount Due Under Financing Method", "terseLabel": "Due to Hilton Grand Vacations" } } }, "localname": "SaleLeasebackTransactionAmountDueUnderFinancingMethod", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "pk_SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "San Francisco commercial mortgaged-backed securities Loan.", "label": "San Francisco Commercial Mortgaged Backed Securities Loan [Member]", "terseLabel": "SF CMBS Loan [Member]" } } }, "localname": "SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "pk_ScheduleOfShareBasedPaymentAwardPerformanceAwardsValuationAssumptionsTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the significant assumptions used during the year to estimate the fair value of performance awards, including, but not limited to: (a) expected term of performance awards, (b) expected volatility of the entity's shares, (c) expected dividends, and (d) risk-free rate(s).", "label": "Schedule Of Share Based Payment Award Performance Awards Valuation Assumptions Table [Text Block]", "terseLabel": "Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model" } } }, "localname": "ScheduleOfShareBasedPaymentAwardPerformanceAwardsValuationAssumptionsTableTextBlock", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "pk_SpecialCommonStockDividendsPerShareDeclared": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Special common stock dividends per share declared.", "label": "Special Common Stock Dividends Per Share Declared", "terseLabel": "Special cash dividends declared per common share" } } }, "localname": "SpecialCommonStockDividendsPerShareDeclared", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnauditedParenthetical" ], "xbrltype": "perShareItemType" }, "pk_SummaryOfHotelPortfolioPropertiesAcquiredTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Summary of hotel portfolio properties acquired.", "label": "Summary Of Hotel Portfolio Properties Acquired Table [Text Block]", "terseLabel": "Summary of Hotel Portfolio Properties Acquired" } } }, "localname": "SummaryOfHotelPortfolioPropertiesAcquiredTableTextBlock", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsTables" ], "xbrltype": "textBlockItemType" }, "pk_SummaryOfSignificantAccountingPoliciesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Summary of significant accounting policies.", "label": "Summary Of Significant Accounting Policies [Line Items]", "terseLabel": "Summary of Significant Accounting Policies [Line Items]" } } }, "localname": "SummaryOfSignificantAccountingPoliciesLineItems", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "pk_SummaryOfSignificantAccountingPoliciesTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Summary of significant accounting policies.", "label": "Summary Of Significant Accounting Policies [Table]", "terseLabel": "Summary Of Significant Accounting Policies [Table]" } } }, "localname": "SummaryOfSignificantAccountingPoliciesTable", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "pk_TermOfAccountingPolicyElectionForShortTermLeases": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Term of accounting policy election for short term leases.", "label": "Term Of Accounting Policy Election For Short Term Leases", "terseLabel": "Operating lease initial term" } } }, "localname": "TermOfAccountingPolicyElectionForShortTermLeases", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "pk_TwoThousandNineteenTermFacilityMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two thousand nineteen term facility.", "label": "Two Thousand Nineteen Term Facility [Member]", "terseLabel": "2019 Term Facility [Member]" } } }, "localname": "TwoThousandNineteenTermFacilityMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "pk_TwoThousandSixteenTermLoanMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two thousand sixteen term loan.", "label": "Two Thousand Sixteen Term Loan [Member]", "terseLabel": "2016 Term Loan [Member]" } } }, "localname": "TwoThousandSixteenTermLoanMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "pk_UnconsolidatedAffiliateDebt": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Unconsolidated affiliate debt.", "label": "Unconsolidated Affiliate Debt", "terseLabel": "Debt of unconsolidated joint ventures" } } }, "localname": "UnconsolidatedAffiliateDebt", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_UnusualOrInfrequentItemInsuranceAmountRecognized": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Unusual or infrequent item insurance amount recognized.", "label": "Unusual Or Infrequent Item Insurance Amount Recognized", "terseLabel": "Insurance recovery amount recognized on hurricanes damage" } } }, "localname": "UnusualOrInfrequentItemInsuranceAmountRecognized", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "pk_WChicagoCityCenterMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "W Chicago City Center.", "label": "W Chicago City Center [Member]", "terseLabel": "W Chicago \u2013 City Center [Member]" } } }, "localname": "WChicagoCityCenterMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_WChicagoLakeshoreMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "W Chicago Lakeshore.", "label": "W Chicago Lakeshore [Member]", "terseLabel": "W Chicago Lakeshore [Member]" } } }, "localname": "WChicagoLakeshoreMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "pk_WNewOrleansFrenchQuarterMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "W New Orleans French Quarter.", "label": "W New Orleans French Quarter [Member]", "terseLabel": "W New Orleans French Quarter [Member]" } } }, "localname": "WNewOrleansFrenchQuarterMember", "nsuri": "http://www.hiltonworldwide.com/20190930", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail" ], "xbrltype": "domainItemType" }, "srt_EquityMethodInvesteeNameDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Equity Method Investee Name [Domain]", "terseLabel": "Investment, Name" } } }, "localname": "EquityMethodInvesteeNameDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "domainItemType" }, "srt_MaximumMember": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Maximum [Member]", "terseLabel": "Maximum [Member]" } } }, "localname": "MaximumMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "srt_MinimumMember": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Minimum [Member]", "terseLabel": "Minimum [Member]" } } }, "localname": "MinimumMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "srt_OwnershipAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Ownership [Axis]", "terseLabel": "Ownership" } } }, "localname": "OwnershipAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "srt_OwnershipDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Ownership [Domain]", "terseLabel": "Ownership" } } }, "localname": "OwnershipDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "srt_ProductOrServiceAxis": { "auth_ref": [ "r145", "r190", "r192", "r357", "r358" ], "lang": { "en-US": { "role": { "label": "Product Or Service [Axis]", "terseLabel": "Product and Service" } } }, "localname": "ProductOrServiceAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "srt_ProductsAndServicesDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Products And Services [Domain]", "terseLabel": "Product and Service" } } }, "localname": "ProductsAndServicesDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "domainItemType" }, "srt_RangeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Range [Axis]", "terseLabel": "Statistical Measurement" } } }, "localname": "RangeAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "srt_RangeMember": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Range [Member]", "terseLabel": "Statistical Measurement" } } }, "localname": "RangeMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis": { "auth_ref": [ "r366" ], "lang": { "en-US": { "role": { "label": "Real Estate And Accumulated Depreciation Description Of Property [Axis]", "terseLabel": "Name of Property" } } }, "localname": "RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Real Estate And Accumulated Depreciation Name Of Property [Domain]", "terseLabel": "Name of Property" } } }, "localname": "RealEstateAndAccumulatedDepreciationNameOfPropertyDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis": { "auth_ref": [ "r151" ], "lang": { "en-US": { "role": { "label": "Schedule Of Equity Method Investment Equity Method Investee Name [Axis]", "terseLabel": "Investment, Name" } } }, "localname": "ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "stringItemType" }, "srt_SegmentGeographicalDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Segment Geographical [Domain]", "terseLabel": "Geographical" } } }, "localname": "SegmentGeographicalDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "srt_StatementGeographicalAxis": { "auth_ref": [ "r146", "r190", "r193", "r359", "r364", "r365" ], "lang": { "en-US": { "role": { "label": "Statement Geographical [Axis]", "terseLabel": "Geographical" } } }, "localname": "StatementGeographicalAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "stpr_FL": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "FLORIDA", "terseLabel": "Key West [Member]" } } }, "localname": "FL", "nsuri": "http://xbrl.sec.gov/stpr/2018-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountingPoliciesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Accounting Policies [Abstract]" } } }, "localname": "AccountingPoliciesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_AccountingStandardsUpdate201602Member": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "Accounting Standards Update 2016-02 Leases (Topic 842).", "label": "Accounting Standards Update201602 [Member]", "terseLabel": "Accounting Standards Update 2016-02 [Member]" } } }, "localname": "AccountingStandardsUpdate201602Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent": { "auth_ref": [ "r323", "r349" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10110.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.", "label": "Accounts Payable And Accrued Liabilities Current And Noncurrent", "terseLabel": "Accounts payable and accrued expenses" } } }, "localname": "AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccountsReceivableNet": { "auth_ref": [ "r28", "r336" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10230.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business.", "label": "Accounts Receivable Net", "terseLabel": "Accounts receivable, net of allowance for doubtful accounts of $1 and $1", "verboseLabel": "Accounts receivable, net" } } }, "localname": "AccountsReceivableNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment": { "auth_ref": [ "r37", "r165" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": 10020.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.", "label": "Accumulated Depreciation Depletion And Amortization Property Plant And Equipment", "negatedLabel": "Accumulated depreciation and amortization" } } }, "localname": "AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r52", "r54", "r55" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10090.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.", "label": "Accumulated Other Comprehensive Income Loss Net Of Tax", "terseLabel": "Accumulated other comprehensive loss" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeMember": { "auth_ref": [ "r51", "r55", "r56", "r249" ], "lang": { "en-US": { "role": { "documentation": "Accumulated increase (decrease) in equity from transactions and other events and circumstances from non-owner sources, attributable to the parent. Excludes net income (loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners.", "label": "Accumulated Other Comprehensive Income [Member]", "terseLabel": "Accumulated Other Comprehensive (Loss) Income [member]" } } }, "localname": "AccumulatedOtherComprehensiveIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "domainItemType" }, "us-gaap_AdditionalPaidInCapitalCommonStock": { "auth_ref": [ "r29" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10070.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.", "label": "Additional Paid In Capital Common Stock", "terseLabel": "Additional paid-in capital" } } }, "localname": "AdditionalPaidInCapitalCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid In Capital [Member]", "terseLabel": "Additional Paid-in Capital [member]" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis": { "auth_ref": [ "r109" ], "lang": { "en-US": { "role": { "documentation": "Information by type of change in accounting principle. Does not include error corrections.", "label": "Adjustments For Change In Accounting Principle [Axis]", "terseLabel": "Adjustments for Change in Accounting Principle" } } }, "localname": "AdjustmentsForChangeInAccountingPrincipleAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AdjustmentsForNewAccountingPronouncementsAxis": { "auth_ref": [ "r109" ], "lang": { "en-US": { "role": { "documentation": "Information by new accounting pronouncement.", "label": "Adjustments For New Accounting Pronouncements [Axis]", "terseLabel": "Adjustments for New Accounting Pronouncements" } } }, "localname": "AdjustmentsForNewAccountingPronouncementsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue": { "auth_ref": [ "r197", "r199", "r218", "r219" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement.", "label": "Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value", "terseLabel": "Share-based compensation, net" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract]", "terseLabel": "Adjustments to reconcile net income to net cash provided by operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AllOtherSegmentsMember": { "auth_ref": [ "r131", "r132", "r133", "r134", "r135", "r136" ], "lang": { "en-US": { "role": { "documentation": "Operating segments classified as other. Excludes intersegment elimination and reconciling items.", "label": "All Other Segments [Member]", "terseLabel": "All other [Member]", "verboseLabel": "Other [Member]" } } }, "localname": "AllOtherSegmentsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail" ], "xbrltype": "domainItemType" }, "us-gaap_AllocatedShareBasedCompensationExpense": { "auth_ref": [ "r199", "r213", "r217" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of expense for award under share-based payment arrangement. Excludes amount capitalized.", "label": "Allocated Share Based Compensation Expense", "terseLabel": "Compensation expense" } } }, "localname": "AllocatedShareBasedCompensationExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivable": { "auth_ref": [ "r148", "r154", "r155", "r156" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of allowance for credit loss on accounts receivable.", "label": "Allowance For Doubtful Accounts Receivable", "terseLabel": "Allowance for doubtful accounts receivable" } } }, "localname": "AllowanceForDoubtfulAccountsReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "monetaryItemType" }, "us-gaap_AmortizationOfFinancingCostsAndDiscounts": { "auth_ref": [ "r95", "r288" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10240.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of amortization expense attributable to debt discount (premium) and debt issuance costs.", "label": "Amortization Of Financing Costs And Discounts", "terseLabel": "Amortization of deferred financing costs" } } }, "localname": "AmortizationOfFinancingCostsAndDiscounts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_Assets": { "auth_ref": [ "r141", "r315", "r338" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "terseLabel": "Total assets", "totalLabel": "TOTAL ASSETS (variable interest entities - $248 and $242)" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Assets [Abstract]", "terseLabel": "ASSETS" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AwardTypeAxis": { "auth_ref": [ "r200", "r215" ], "lang": { "en-US": { "role": { "documentation": "Information by type of award under share-based payment arrangement.", "label": "Award Type [Axis]", "terseLabel": "Award Type" } } }, "localname": "AwardTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "stringItemType" }, "us-gaap_BalanceSheetLocationAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by location on balance sheet (statement of financial position).", "label": "Balance Sheet Location [Axis]", "terseLabel": "Balance Sheet Location" } } }, "localname": "BalanceSheetLocationAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_BalanceSheetLocationDomain": { "auth_ref": [ "r265", "r267" ], "lang": { "en-US": { "role": { "documentation": "Location in the balance sheet (statement of financial position).", "label": "Balance Sheet Location [Domain]", "terseLabel": "Balance Sheet Location" } } }, "localname": "BalanceSheetLocationDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock": { "auth_ref": [ "r107" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the basis of presentation and significant accounting policies concepts. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). Accounting policies describe all significant accounting policies of the reporting entity.", "label": "Basis Of Presentation And Significant Accounting Policies [Text Block]", "terseLabel": "Basis of Presentation and Summary of Significant Accounting Policies" } } }, "localname": "BasisOfPresentationAndSignificantAccountingPoliciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_BelowMarketLeaseNet": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after amortization of leases acquired as part of a real property acquisition at below market lease rate with a finite life.", "label": "Below Market Lease Net", "terseLabel": "Below market lease intangibles" } } }, "localname": "BelowMarketLeaseNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BuildingsAndImprovementsGross": { "auth_ref": [ "r17", "r164" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": 10040.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentGross", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.", "label": "Buildings And Improvements Gross", "terseLabel": "Buildings and leasehold improvements" } } }, "localname": "BuildingsAndImprovementsGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessAcquisitionAcquireeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identification of the acquiree in a material business combination (or series of individually immaterial business combinations), which may include the name or other type of identification of the acquiree.", "label": "Business Acquisition Acquiree [Domain]", "terseLabel": "Business Acquisition, Acquiree" } } }, "localname": "BusinessAcquisitionAcquireeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_BusinessAcquisitionAxis": { "auth_ref": [ "r230", "r231" ], "lang": { "en-US": { "role": { "documentation": "Information by business combination or series of individually immaterial business combinations.", "label": "Business Acquisition [Axis]", "terseLabel": "Business Acquisition" } } }, "localname": "BusinessAcquisitionAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued": { "auth_ref": [ "r238" ], "lang": { "en-US": { "role": { "documentation": "Number of shares of equity interests issued or issuable to acquire entity.", "label": "Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued", "terseLabel": "Business acquisition, consideration transferred number of shares issued" } } }, "localname": "BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_BusinessAcquisitionLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Business Acquisition [Line Items]", "terseLabel": "Business Acquisition [Line Items]" } } }, "localname": "BusinessAcquisitionLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "stringItemType" }, "us-gaap_BusinessAcquisitionProFormaInformationTextBlock": { "auth_ref": [ "r228", "r229" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.", "label": "Business Acquisition Pro Forma Information [Text Block]", "terseLabel": "Schedule of Unaudited Condensed Pro-forma Financial Information" } } }, "localname": "BusinessAcquisitionProFormaInformationTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_BusinessAcquisitionSharePrice": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination.", "label": "Business Acquisition Share Price", "terseLabel": "Business acquisition,par value per common share" } } }, "localname": "BusinessAcquisitionSharePrice", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss": { "auth_ref": [ "r228", "r229" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period.", "label": "Business Acquisitions Pro Forma Net Income Loss", "terseLabel": "Net income" } } }, "localname": "BusinessAcquisitionsProFormaNetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessAcquisitionsProFormaRevenue": { "auth_ref": [ "r228", "r229" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period.", "label": "Business Acquisitions Pro Forma Revenue", "terseLabel": "Total revenues" } } }, "localname": "BusinessAcquisitionsProFormaRevenue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationAcquisitionRelatedCosts": { "auth_ref": [ "r227" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10060.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10250.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.", "label": "Business Combination Acquisition Related Costs", "negatedLabel": "Acquisition costs", "terseLabel": "Acquisition costs" } } }, "localname": "BusinessCombinationAcquisitionRelatedCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationConsiderationTransferred1": { "auth_ref": [ "r234", "r235", "r236" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer.", "label": "Business Combination Consideration Transferred1", "terseLabel": "Total consideration" } } }, "localname": "BusinessCombinationConsiderationTransferred1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable": { "auth_ref": [ "r234", "r235" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination.", "label": "Business Combination Consideration Transferred Equity Interests Issued And Issuable", "terseLabel": "Shares issued for acquisition" } } }, "localname": "BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10030.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents", "terseLabel": "Cash and cash equivalents" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10060.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets", "terseLabel": "Prepaid expenses" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10050.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables", "terseLabel": "Accounts receivable, net" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10020.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of intangible assets, excluding goodwill, acquired at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill", "terseLabel": "Intangibles, net" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10090.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt due after one year or the normal operating cycle, if longer, assumed at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt", "negatedLabel": "Debt" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10120.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of other liabilities due after one year or the normal operating cycle, if longer, assumed at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other", "negatedLabel": "Other liabilities" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": 10070.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date.", "label": "Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets", "terseLabel": "Other assets" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet": { "auth_ref": [ "r232" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed.", "label": "Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net", "totalLabel": "Total consideration" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Business Combinations [Abstract]" } } }, "localname": "BusinessCombinationsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_CapitalLeaseObligations": { "auth_ref": [ "r22", "r292", "r339" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal through the balance sheet date.", "label": "Capital Lease Obligations", "terseLabel": "Financing lease obligations" } } }, "localname": "CapitalLeaseObligations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_CapitalLeaseObligationsMember": { "auth_ref": [ "r292" ], "lang": { "en-US": { "role": { "documentation": "A borrowing recorded for a lease meeting the criteria for capitalization. A lease is defined as an agreement conveying the right to use property, plant, or equipment (land or depreciable assets) usually for a stated period of time.", "label": "Capital Lease Obligations [Member]", "terseLabel": "Financing Lease Obligations [Member]" } } }, "localname": "CapitalLeaseObligationsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "domainItemType" }, "us-gaap_CarryingReportedAmountFairValueDisclosureMember": { "auth_ref": [ "r278", "r279" ], "lang": { "en-US": { "role": { "documentation": "Measured as reported on the statement of financial position (balance sheet).", "label": "Carrying Reported Amount Fair Value Disclosure [Member]", "terseLabel": "Carrying amount [Member]" } } }, "localname": "CarryingReportedAmountFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_CashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r15", "r34", "r97" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10210.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash And Cash Equivalents At Carrying Value", "terseLabel": "Cash and cash equivalents" } } }, "localname": "CashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations": { "auth_ref": [ "r92", "r97", "r101" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations", "periodEndLabel": "Cash and cash equivalents and restricted cash, end of period", "periodStartLabel": "Cash and cash equivalents and restricted cash, beginning of period" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect": { "auth_ref": [ "r92", "r283" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect", "totalLabel": "Net (decrease) increase in cash and cash equivalents and restricted cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CatastrophicEventDomain": { "auth_ref": [ "r175", "r176" ], "lang": { "en-US": { "role": { "documentation": "Catastrophic event, for example, but not limited to, earthquake, windstorm, fire or explosion.", "label": "Catastrophic Event [Domain]", "terseLabel": "Catastrophic Event" } } }, "localname": "CatastrophicEventDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_ChangeInAccountingPrincipleMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A change from one generally accepted accounting principle to another generally accepted accounting principle when there are two or more generally accepted accounting principles that apply or when the accounting principle formerly used is no longer generally accepted. A change in the method of applying an accounting principle that is not treated as a change in accounting estimate also is considered a change in accounting principle.", "label": "Change In Accounting Principle [Member]", "terseLabel": "Adjustments for Change in Accounting Principle" } } }, "localname": "ChangeInAccountingPrincipleMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ClassificationOfVariableInterestEntityDomain": { "auth_ref": [ "r251", "r252", "r253", "r254" ], "lang": { "en-US": { "role": { "documentation": "Categorization of Variable Interest Entities (VIE) for consolidation and (or) disclosure purposes, whether individually or in aggregate, by: (1) VIEs consolidated because the entity is the primary beneficiary, (2) VIEs not consolidated because the entity is not the primary beneficiary, and (3) VIEs or potential VIEs that are not consolidated because necessary information is not available. In general, a VIE is a corporation, partnership, trust, or any other legal structure used for business purposes that either (a) does not have equity investors with voting rights or (b) has equity investors that do not provide sufficient financial resources for the entity to support its activities. A VIE often holds financial assets, including loans or receivables, real estate or other property. A VIE may be essentially passive or it may engage in research and development or other activities on behalf of another company.", "label": "Classification Of Variable Interest Entity [Domain]", "terseLabel": "Variable Interest Entity, Classification" } } }, "localname": "ClassificationOfVariableInterestEntityDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail" ], "xbrltype": "domainItemType" }, "us-gaap_CommitmentsAndContingencies": { "auth_ref": [ "r44", "r175", "r326", "r346" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10020.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.", "label": "Commitments And Contingencies", "terseLabel": "Commitments and contingencies - refer to Note 13" } } }, "localname": "CommitmentsAndContingencies", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Commitments And Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureTextBlock": { "auth_ref": [ "r174", "r177" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for commitments and contingencies.", "label": "Commitments And Contingencies Disclosure [Text Block]", "terseLabel": "Commitments and Contingencies" } } }, "localname": "CommitmentsAndContingenciesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CommonStockCapitalSharesReservedForFutureIssuance": { "auth_ref": [ "r45" ], "lang": { "en-US": { "role": { "documentation": "Aggregate number of common shares reserved for future issuance.", "label": "Common Stock Capital Shares Reserved For Future Issuance", "terseLabel": "Shares of common stock reserved for future issuance" } } }, "localname": "CommonStockCapitalSharesReservedForFutureIssuance", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockDividendsPerShareDeclared": { "auth_ref": [ "r188" ], "lang": { "en-US": { "role": { "documentation": "Aggregate dividends declared during the period for each share of common stock outstanding.", "label": "Common Stock Dividends Per Share Declared", "terseLabel": "Dividends declared per common share" } } }, "localname": "CommonStockDividendsPerShareDeclared", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnauditedParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockDividendsShares": { "auth_ref": [ "r183" ], "lang": { "en-US": { "role": { "documentation": "Number of shares of common stock issued as dividends during the period. Excludes stock splits.", "label": "Common Stock Dividends Shares", "negatedLabel": "Dividends and dividend equivalents (Shares)" } } }, "localname": "CommonStockDividendsShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]", "terseLabel": "Common Stock [member]" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r27" ], "lang": { "en-US": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common Stock Par Or Stated Value Per Share", "terseLabel": "Common stock, par value (per share)" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r27" ], "lang": { "en-US": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Common Stock Shares Authorized", "terseLabel": "Common stock, authorized shares" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r27" ], "lang": { "en-US": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common Stock Shares Issued", "terseLabel": "Common stock, issued shares" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r27", "r183" ], "lang": { "en-US": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common Stock Shares Outstanding", "periodEndLabel": "Balance (shares)", "periodStartLabel": "Balance (shares)", "terseLabel": "Common stock, outstanding shares" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValue": { "auth_ref": [ "r27" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10060.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Common Stock Value", "terseLabel": "Common stock, par value $0.01 per share, 6,000,000,000 shares authorized, 239,590,752 shares issued and 239,388,083 shares outstanding as of September 30, 2019 and 201,290,458 shares issued and 201,198,381 shares outstanding as of December 31, 2018" } } }, "localname": "CommonStockValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTax": { "auth_ref": [ "r59", "r61", "r62" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income Net Of Tax", "totalLabel": "Comprehensive income attributable to stockholders" } } }, "localname": "ComprehensiveIncomeNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest": { "auth_ref": [ "r59", "r61", "r243", "r244", "r259" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10020.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest", "negatedLabel": "Comprehensive income attributable to noncontrolling interests" } } }, "localname": "ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest": { "auth_ref": [ "r59", "r61", "r242", "r259" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10010.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest", "terseLabel": "Comprehensive income" } } }, "localname": "ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ConsolidationPolicyTextBlock": { "auth_ref": [ "r102", "r245", "r260", "r261" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.", "label": "Consolidation Policy [Text Block]", "terseLabel": "Principles of Consolidation" } } }, "localname": "ConsolidationPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_ConstructionInProgressGross": { "auth_ref": [ "r164" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": 10060.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentGross", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.", "label": "Construction In Progress Gross", "terseLabel": "Construction-in-progress" } } }, "localname": "ConstructionInProgressGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerLiabilityRevenueRecognized": { "auth_ref": [ "r191" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of revenue recognized that was previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due.", "label": "Contract With Customer Liability Revenue Recognized", "terseLabel": "Revenue recognized" } } }, "localname": "ContractWithCustomerLiabilityRevenueRecognized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_CostOfGoodsAndServicesSold": { "auth_ref": [ "r72" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10170.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.", "label": "Cost Of Goods And Services Sold", "terseLabel": "Expenses" } } }, "localname": "CostOfGoodsAndServicesSold", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_CostOfOtherPropertyOperatingExpense": { "auth_ref": [ "r73" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10200.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Other operating costs incurred during the reporting period and may include amounts paid to maintain the property.", "label": "Cost Of Other Property Operating Expense", "terseLabel": "Other property-level" } } }, "localname": "CostOfOtherPropertyOperatingExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_CostsAndExpenses": { "auth_ref": [ "r71" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10150.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Total costs of sales and operating expenses for the period.", "label": "Costs And Expenses", "totalLabel": "Total expenses" } } }, "localname": "CostsAndExpenses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_CreditFacilityAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.", "label": "Credit Facility [Axis]", "terseLabel": "Credit Facility" } } }, "localname": "CreditFacilityAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "stringItemType" }, "us-gaap_CreditFacilityDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.", "label": "Credit Facility [Domain]", "terseLabel": "Credit Facility" } } }, "localname": "CreditFacilityDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "domainItemType" }, "us-gaap_DebtAndCapitalLeaseObligations": { "auth_ref": [ "r322", "r350" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10100.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of short-term and long-term debt and lease obligation.", "label": "Debt And Capital Lease Obligations", "terseLabel": "Debt", "totalLabel": "Debt" } } }, "localname": "DebtAndCapitalLeaseObligations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Disclosure [Abstract]" } } }, "localname": "DebtDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DebtDisclosureTextBlock": { "auth_ref": [ "r182" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.", "label": "Debt Disclosure [Text Block]", "terseLabel": "Debt" } } }, "localname": "DebtDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebt" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtInstrumentBasisSpreadOnVariableRate1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage points added to the reference rate to compute the variable rate on the debt instrument.", "label": "Debt Instrument Basis Spread On Variable Rate1", "terseLabel": "Debt instrument, interest rate" } } }, "localname": "DebtInstrumentBasisSpreadOnVariableRate1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentCarryingAmount": { "auth_ref": [ "r22", "r180", "r317", "r335" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.", "label": "Debt Instrument Carrying Amount", "terseLabel": "Debt, gross" } } }, "localname": "DebtInstrumentCarryingAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtInstrumentInterestRateStatedPercentage": { "auth_ref": [ "r41" ], "lang": { "en-US": { "role": { "documentation": "Contractual interest rate for funds borrowed, under the debt agreement.", "label": "Debt Instrument Interest Rate Stated Percentage", "terseLabel": "Debt instrument, interest rate, stated percentage" } } }, "localname": "DebtInstrumentInterestRateStatedPercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Debt Instrument [Line Items]", "terseLabel": "Debt Instrument [Line Items]" } } }, "localname": "DebtInstrumentLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentMaturityDate": { "auth_ref": [ "r42", "r273" ], "lang": { "en-US": { "role": { "documentation": "Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.", "label": "Debt Instrument Maturity Date", "terseLabel": "Maturity date" } } }, "localname": "DebtInstrumentMaturityDate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "dateItemType" }, "us-gaap_DebtInstrumentTable": { "auth_ref": [ "r43", "r104", "r184", "r185", "r186", "r187", "r286", "r287", "r289", "r333" ], "lang": { "en-US": { "role": { "documentation": "A table or schedule providing information pertaining to long-term debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Debt Instrument [Table]", "terseLabel": "Debt Instrument [Table]" } } }, "localname": "DebtInstrumentTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentUnamortizedDiscount": { "auth_ref": [ "r286", "r289" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail": { "order": 10030.0, "parentTag": "us-gaap_DebtAndCapitalLeaseObligations", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after accumulated amortization, of debt discount.", "label": "Debt Instrument Unamortized Discount", "negatedLabel": "Less: unamortized deferred financing costs and discount" } } }, "localname": "DebtInstrumentUnamortizedDiscount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtInstrumentUnamortizedPremium": { "auth_ref": [ "r286", "r289" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail": { "order": 10020.0, "parentTag": "us-gaap_DebtAndCapitalLeaseObligations", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after accumulated amortization, of debt premium.", "label": "Debt Instrument Unamortized Premium", "terseLabel": "Add: unamortized premium" } } }, "localname": "DebtInstrumentUnamortizedPremium", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtIssuanceCostsLineOfCreditArrangementsGross": { "auth_ref": [ "r290" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, before accumulated amortization, of debt issuance costs related to line of credit arrangements. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.", "label": "Debt Issuance Costs Line Of Credit Arrangements Gross", "terseLabel": "Upfront financing fees" } } }, "localname": "DebtIssuanceCostsLineOfCreditArrangementsGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredIncomeTaxExpenseBenefit": { "auth_ref": [ "r95", "r103", "r223", "r224" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10260.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Deferred Income Tax Expense Benefit", "terseLabel": "Deferred income taxes" } } }, "localname": "DeferredIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredIncomeTaxLiabilities": { "auth_ref": [ "r24", "r25", "r222", "r316", "r334" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10140.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of deferred tax liability attributable to taxable temporary differences.", "label": "Deferred Income Tax Liabilities", "terseLabel": "Deferred income tax liabilities" } } }, "localname": "DeferredIncomeTaxLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredRentCredit": { "auth_ref": [ "r291" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property by the lessor or lessee, respectively.", "label": "Deferred Rent Credit", "terseLabel": "Deferred rent liabilities" } } }, "localname": "DeferredRentCredit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepreciationAndAmortization": { "auth_ref": [ "r95", "r163" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10040.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10170.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10230.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.", "label": "Depreciation And Amortization", "negatedLabel": "Depreciation and amortization expense", "terseLabel": "Depreciation and amortization" } } }, "localname": "DepreciationAndAmortization", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepreciationNonproduction": { "auth_ref": [ "r95", "r163" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The expense recognized in the current period that allocates the cost of nonproduction tangible assets over their useful lives.", "label": "Depreciation Nonproduction", "terseLabel": "Depreciation" } } }, "localname": "DepreciationNonproduction", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeLiability": { "auth_ref": [ "r48", "r49", "r266", "r311" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.", "label": "Derivative Fair Value Of Derivative Liability", "terseLabel": "Fair value of our interest rate swap liability" } } }, "localname": "DerivativeFairValueOfDerivativeLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFixedInterestRate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fixed interest rate related to the interest rate derivative.", "label": "Derivative Fixed Interest Rate", "terseLabel": "Derivative fixed interest rate" } } }, "localname": "DerivativeFixedInterestRate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "percentItemType" }, "us-gaap_DerivativeMaturityDates": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Date the derivative contract matures, in CCYY-MM-DD format.", "label": "Derivative Maturity Dates", "terseLabel": "Derivative maturity date" } } }, "localname": "DerivativeMaturityDates", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "dateItemType" }, "us-gaap_DerivativeNotionalAmount": { "auth_ref": [ "r263", "r264" ], "lang": { "en-US": { "role": { "documentation": "Nominal or face amount used to calculate payment on derivative.", "label": "Derivative Notional Amount", "terseLabel": "Derivative notional amount" } } }, "localname": "DerivativeNotionalAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativesAndFairValueTextBlock": { "auth_ref": [ "r270", "r275" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for derivatives and fair value of assets and liabilities.", "label": "Derivatives And Fair Value [Text Block]", "terseLabel": "Fair Value Measurements and Derivative Instruments" } } }, "localname": "DerivativesAndFairValueTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstruments" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock": { "auth_ref": [ "r220" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for share-based payment arrangement.", "label": "Disclosure Of Compensation Related Costs Share Based Payments [Text Block]", "terseLabel": "Share-Based Compensation" } } }, "localname": "DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensation" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]" } } }, "localname": "DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation.", "label": "Disposal Group Including Discontinued Operation Consideration", "verboseLabel": "Gross sales price" } } }, "localname": "DisposalGroupIncludingDiscontinuedOperationConsideration", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal": { "auth_ref": [ "r95", "r162", "r167" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations.", "label": "Disposal Group Not Discontinued Operation Gain Loss On Disposal", "terseLabel": "Net gain on selling cost of hotel portfolio properties" } } }, "localname": "DisposalGroupNotDiscontinuedOperationGainLossOnDisposal", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_Dividends": { "auth_ref": [ "r188", "r332" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock.", "label": "Dividends", "negatedLabel": "Dividends and dividend equivalents" } } }, "localname": "Dividends", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_DividendsPayableCurrent": { "auth_ref": [ "r18", "r40" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Dividends Payable Current", "terseLabel": "Dividends declared but unpaid" } } }, "localname": "DividendsPayableCurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DomesticCountryMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Designated tax department of the government that is entitled to levy and collect income taxes from the entity in its country of domicile.", "label": "Domestic Country [Member]", "terseLabel": "U.S. Federal Tax [Member]" } } }, "localname": "DomesticCountryMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_EarningsPerShareAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Earnings Per Share [Abstract]", "terseLabel": "Earnings per share:" } } }, "localname": "EarningsPerShareAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareBasic": { "auth_ref": [ "r68", "r110", "r114", "r116", "r118", "r119", "r122", "r330", "r353" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.", "label": "Earnings Per Share Basic", "terseLabel": "Earnings per share - Basic", "verboseLabel": "Basic EPS" } } }, "localname": "EarningsPerShareBasic", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareDiluted": { "auth_ref": [ "r68", "r110", "r114", "r116", "r118", "r119", "r122", "r330", "r353" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share Diluted", "terseLabel": "Earnings per share - Diluted", "verboseLabel": "Diluted EPS" } } }, "localname": "EarningsPerShareDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareTextBlock": { "auth_ref": [ "r123" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for earnings per share.", "label": "Earnings Per Share [Text Block]", "terseLabel": "Earnings Per Share" } } }, "localname": "EarningsPerShareTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShare" ], "xbrltype": "textBlockItemType" }, "us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations": { "auth_ref": [ "r283" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10040.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations", "terseLabel": "Effect of exchange rate changes on cash and cash equivalents and restricted cash" } } }, "localname": "EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized": { "auth_ref": [ "r214" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cost not yet recognized for nonvested award under share-based payment arrangement.", "label": "Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized", "terseLabel": "Unrecognized compensation costs related to unvested awards" } } }, "localname": "EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1": { "auth_ref": [ "r214" ], "lang": { "en-US": { "role": { "documentation": "Weighted-average period over which cost not yet recognized is expected to be recognized for award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1", "terseLabel": "Unrecognized compensation costs related to unvested awards, weighted-average period" } } }, "localname": "EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "durationItemType" }, "us-gaap_EmployeeStockOptionMember": { "auth_ref": [ "r212" ], "lang": { "en-US": { "role": { "documentation": "Share-based payment arrangement granting right, subject to vesting and other restrictions, to purchase or sell certain number of shares at predetermined price for specified period of time.", "label": "Employee Stock Option [Member]", "terseLabel": "2017 Employee Plan [Member]" } } }, "localname": "EmployeeStockOptionMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_EquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Equity [Abstract]", "terseLabel": "Stockholders' Equity" } } }, "localname": "EquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r183" ], "lang": { "en-US": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc.", "label": "Equity Component [Domain]", "terseLabel": "Equity Component" } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "domainItemType" }, "us-gaap_EquityMethodInvestmentDividendsOrDistributions": { "auth_ref": [ "r66", "r91", "r95", "r351" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10250.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of distribution received from equity method investee for return on investment, classified as operating activities. Excludes distribution for return of investment, classified as investing activities.", "label": "Equity Method Investment Dividends Or Distributions", "terseLabel": "Distributions from unconsolidated affiliates" } } }, "localname": "EquityMethodInvestmentDividendsOrDistributions", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquityMethodInvestmentOwnershipPercentage": { "auth_ref": [ "r151" ], "lang": { "en-US": { "role": { "documentation": "The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.", "label": "Equity Method Investment Ownership Percentage", "terseLabel": "Ownership Percentage" } } }, "localname": "EquityMethodInvestmentOwnershipPercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail" ], "xbrltype": "percentItemType" }, "us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal": { "auth_ref": [ "r69", "r70", "r95" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of gain (loss) on sale or disposal of an equity method investment.", "label": "Equity Method Investment Realized Gain Loss On Disposal", "terseLabel": "Net gain on sale of hotel portfolio properties" } } }, "localname": "EquityMethodInvestmentRealizedGainLossOnDisposal", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Equity Method Investments And Joint Ventures [Abstract]" } } }, "localname": "EquityMethodInvestmentsAndJointVenturesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_EquityMethodInvestmentsTextBlock": { "auth_ref": [ "r153" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.", "label": "Equity Method Investments [Text Block]", "terseLabel": "Schedule of Investment in Affiliates" } } }, "localname": "EquityMethodInvestmentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_EstimateOfFairValueFairValueDisclosureMember": { "auth_ref": [ "r277" ], "lang": { "en-US": { "role": { "documentation": "Measured as an estimate of fair value.", "label": "Estimate Of Fair Value Fair Value Disclosure [Member]", "terseLabel": "Fair Value [Member]" } } }, "localname": "EstimateOfFairValueFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]", "terseLabel": "Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]" } } }, "localname": "FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByBalanceSheetGroupingTable": { "auth_ref": [ "r271", "r278", "r279" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.", "label": "Fair Value By Balance Sheet Grouping [Table]", "terseLabel": "Fair Value By Balance Sheet Grouping [Table]" } } }, "localname": "FairValueByBalanceSheetGroupingTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByBalanceSheetGroupingTextBlock": { "auth_ref": [ "r271", "r278" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.", "label": "Fair Value By Balance Sheet Grouping [Text Block]", "terseLabel": "Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values" } } }, "localname": "FairValueByBalanceSheetGroupingTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r194", "r195", "r196", "r272", "r309" ], "lang": { "en-US": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value By Fair Value Hierarchy Level [Axis]", "terseLabel": "Fair Value Hierarchy and NAV" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByMeasurementBasisAxis": { "auth_ref": [ "r271", "r274" ], "lang": { "en-US": { "role": { "documentation": "Information by measurement basis.", "label": "Fair Value By Measurement Basis [Axis]", "terseLabel": "Measurement Basis" } } }, "localname": "FairValueByMeasurementBasisAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosureItemAmountsDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Measurement basis, for example, but not limited to, reported value, fair value, portion at fair value, portion at other than fair value.", "label": "Fair Value Disclosure Item Amounts [Domain]", "terseLabel": "Fair Value Measurement" } } }, "localname": "FairValueDisclosureItemAmountsDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_FairValueInputsLevel3Member": { "auth_ref": [ "r194", "r195", "r196", "r272", "r310" ], "lang": { "en-US": { "role": { "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value Inputs Level3 [Member]", "terseLabel": "Level 3 [Member]" } } }, "localname": "FairValueInputsLevel3Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value.", "label": "Fair Value Measurements Fair Value Hierarchy [Domain]", "terseLabel": "Fair Value Hierarchy and NAV" } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_FoodAndBeverageMember": { "auth_ref": [ "r192" ], "lang": { "en-US": { "role": { "documentation": "Consumable liquid and non-liquid substance to provide nourishment.", "label": "Food And Beverage [Member]", "terseLabel": "Food and Beverage [Member]" } } }, "localname": "FoodAndBeverageMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "domainItemType" }, "us-gaap_ForeignCurrencyTransactionGainLossBeforeTax": { "auth_ref": [ "r280", "r281", "r282" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10120.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10120.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement.", "label": "Foreign Currency Transaction Gain Loss Before Tax", "terseLabel": "Loss on foreign currency transactions" } } }, "localname": "ForeignCurrencyTransactionGainLossBeforeTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForeignCurrencyTransactionGainLossRealized": { "auth_ref": [ "r280", "r281", "r282" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10210.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount before tax of foreign currency transaction realized gain (loss) recognized in the income statement.", "label": "Foreign Currency Transaction Gain Loss Realized", "negatedLabel": "Loss on foreign currency transactions" } } }, "localname": "ForeignCurrencyTransactionGainLossRealized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_FurnitureAndFixturesGross": { "auth_ref": [ "r164" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": 10050.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentGross", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depreciation of equipment commonly used in offices and stores that have no permanent connection to the structure of a building or utilities. Examples include, but are not limited to, desks, chairs, tables, and bookcases.", "label": "Furniture And Fixtures Gross", "terseLabel": "Furniture and equipment" } } }, "localname": "FurnitureAndFixturesGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_GainLossOnDispositionOfAssets1": { "auth_ref": [ "r95" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10080.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10180.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10160.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee.", "label": "Gain Loss On Disposition Of Assets1", "negatedLabel": "Gain on sales of assets, net", "terseLabel": "Gain on sales of assets, net" } } }, "localname": "GainLossOnDispositionOfAssets1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_GainOnBusinessInterruptionInsuranceRecovery": { "auth_ref": [ "r80" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net amount (to the extent disclosed within this portion of the income statement) by which an insurance settlement exceeds incremental costs incurred from the event causing an interruption of business, plus the insurance award for earnings lost from the event, such as a natural catastrophe, explosion or fire.", "label": "Gain On Business Interruption Insurance Recovery", "terseLabel": "Business interruption insurance recovery" } } }, "localname": "GainOnBusinessInterruptionInsuranceRecovery", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_GeneralAndAdministrativeExpense": { "auth_ref": [ "r75" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10050.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10240.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.", "label": "General And Administrative Expense", "negatedLabel": "Corporate general and administrative expense", "terseLabel": "Corporate general and administrative" } } }, "localname": "GeneralAndAdministrativeExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_Goodwill": { "auth_ref": [ "r157", "r158" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10190.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.", "label": "Goodwill", "terseLabel": "Goodwill" } } }, "localname": "Goodwill", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_HotelOtherMember": { "auth_ref": [ "r192" ], "lang": { "en-US": { "role": { "documentation": "Commercial establishment providing lodging, meal, meeting space and other related service, classified as other.", "label": "Hotel Other [Member]", "terseLabel": "Other [Member]" } } }, "localname": "HotelOtherMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "domainItemType" }, "us-gaap_HurricaneMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tropical windstorm with sustained winds of 74 miles per hour (119 kilometers per hour).", "label": "Hurricane [Member]", "terseLabel": "Hurricanes Irma and Maria [Member]" } } }, "localname": "HurricaneMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest": { "auth_ref": [ "r65", "r110", "r312", "r328", "r354" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10060.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.", "label": "Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest", "totalLabel": "Income before income taxes" } } }, "localname": "IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromEquityMethodInvestments": { "auth_ref": [ "r66", "r95", "r139", "r150", "r327", "r351" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10110.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10200.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10110.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of income (loss) for proportionate share of equity method investee's income (loss).", "label": "Income Loss From Equity Method Investments", "negatedLabel": "Equity in earnings from investments in affiliates", "terseLabel": "Equity in earnings from investments in affiliates" } } }, "localname": "IncomeLossFromEquityMethodInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeStatementAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Income Statement [Abstract]" } } }, "localname": "IncomeStatementAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxAuthorityAxis": { "auth_ref": [ "r221" ], "lang": { "en-US": { "role": { "documentation": "Information by tax jurisdiction.", "label": "Income Tax Authority [Axis]", "terseLabel": "Income Tax Authority" } } }, "localname": "IncomeTaxAuthorityAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxAuthorityDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Agency, division or body classification that levies income taxes, examines tax returns for compliance, or grants exemptions from or makes other decisions pertaining to income taxes.", "label": "Income Tax Authority [Domain]", "terseLabel": "Income Tax Authority" } } }, "localname": "IncomeTaxAuthorityDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeTaxDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Income Tax Disclosure [Abstract]" } } }, "localname": "IncomeTaxDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxDisclosureTextBlock": { "auth_ref": [ "r226" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.", "label": "Income Tax Disclosure [Text Block]", "terseLabel": "Income Taxes" } } }, "localname": "IncomeTaxDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxes" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncomeTaxExpenseBenefit": { "auth_ref": [ "r103", "r140", "r225" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10130.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10070.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.", "label": "Income Tax Expense Benefit", "negatedLabel": "Income tax expense", "verboseLabel": "Income tax expense" } } }, "localname": "IncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet": { "auth_ref": [ "r94" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10270.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other.", "label": "Increase Decrease In Other Operating Capital Net", "negatedLabel": "Changes in operating assets and liabilities" } } }, "localname": "IncreaseDecreaseInOtherOperatingCapitalNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends": { "auth_ref": [ "r115", "r117", "r120" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail": { "order": 10020.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Number of additional shares included in diluted EPS for potentially dilutive effect of nonvested equity-based payment award containing forfeitable rights to dividends or dividend equivalents, whether paid or unpaid.", "label": "Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends", "terseLabel": "Unvested restricted shares" } } }, "localname": "IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_InsuranceSettlementsReceivable": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount due in settlement of a claim for reimbursement from an insurance company when the Company has suffered a loss covered under an insurance policy.", "label": "Insurance Settlements Receivable", "terseLabel": "Insurance settlements receivable on hurricanes damage" } } }, "localname": "InsuranceSettlementsReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_IntangibleAssetsNetExcludingGoodwill": { "auth_ref": [ "r160", "r161" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10200.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges.", "label": "Intangible Assets Net Excluding Goodwill", "terseLabel": "Intangibles, net" } } }, "localname": "IntangibleAssetsNetExcludingGoodwill", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestExpense": { "auth_ref": [ "r64", "r138", "r285", "r288", "r331" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10100.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10100.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the cost of borrowed funds accounted for as interest expense.", "label": "Interest Expense", "negatedLabel": "Interest expense" } } }, "localname": "InterestExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestRateSwapMember": { "auth_ref": [ "r268" ], "lang": { "en-US": { "role": { "documentation": "Forward based contracts in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period.", "label": "Interest Rate Swap [Member]", "terseLabel": "Interest Rate Swap [Member]" } } }, "localname": "InterestRateSwapMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_InvestmentIncomeInterest": { "auth_ref": [ "r77", "r137" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10090.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10090.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.", "label": "Investment Income Interest", "terseLabel": "Interest income" } } }, "localname": "InvestmentIncomeInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentTypeAxis": { "auth_ref": [ "r360", "r361", "r362", "r363" ], "lang": { "en-US": { "role": { "documentation": "Information by type of investments.", "label": "Investment Type [Axis]", "terseLabel": "Investment Type" } } }, "localname": "InvestmentTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_InvestmentTypeCategorizationMember": { "auth_ref": [ "r360", "r361", "r362", "r363" ], "lang": { "en-US": { "role": { "documentation": "Asset obtained to generate income or appreciate in value.", "label": "Investment Type Categorization [Member]", "terseLabel": "Investments" } } }, "localname": "InvestmentTypeCategorizationMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures": { "auth_ref": [ "r35" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10180.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in equity method investee and investment in and advance to affiliate.", "label": "Investments In Affiliates Subsidiaries Associates And Joint Ventures", "terseLabel": "Investments in affiliates" } } }, "localname": "InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_Land": { "auth_ref": [ "r16", "r36" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": 10030.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentGross", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depletion of real estate held for productive use, excluding land held for sale.", "label": "Land", "terseLabel": "Land" } } }, "localname": "Land", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LeaseCostTableTextBlock": { "auth_ref": [ "r304" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.", "label": "Lease Cost Table [Text Block]", "terseLabel": "Schedule of Rent Expense and Supplemental Cash Flow and Non Cash Information" } } }, "localname": "LeaseCostTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_LeasesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Leases [Abstract]" } } }, "localname": "LeasesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock": { "auth_ref": [ "r305" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.", "label": "Lessee Operating Lease Liability Maturity Table [Text Block]", "terseLabel": "Schedule of Maturities of Non-Cancelable Operating Lease Liabilities" } } }, "localname": "LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail2": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease.", "label": "Lessee Operating Lease Liability Payments Due", "totalLabel": "Total minimum rent payments" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": 10060.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due after fifth fiscal year following latest fiscal year.", "label": "Lessee Operating Lease Liability Payments Due After Year Five", "terseLabel": "Thereafter" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": 10050.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in fifth fiscal year following latest fiscal year.", "label": "Lessee Operating Lease Liability Payments Due Year Five", "terseLabel": "2023" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": 10040.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in fourth fiscal year following latest fiscal year.", "label": "Lessee Operating Lease Liability Payments Due Year Four", "terseLabel": "2022" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearFour", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": 10030.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in third fiscal year following latest fiscal year.", "label": "Lessee Operating Lease Liability Payments Due Year Three", "terseLabel": "2021" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearThree", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": 10020.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in second fiscal year following latest fiscal year.", "label": "Lessee Operating Lease Liability Payments Due Year Two", "terseLabel": "2020" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearTwo", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail": { "order": 10010.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease having an initial or remaining lease term in excess of one year due in remainder of fiscal year following latest fiscal year.", "label": "Lessee Operating Lease Liability Payments Remainder Of Fiscal Year", "terseLabel": "2019" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount": { "auth_ref": [ "r305" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail2": { "order": 10010.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease.", "label": "Lessee Operating Lease Liability Undiscounted Excess Amount", "terseLabel": "Less: imputed interest" } } }, "localname": "LesseeOperatingLeaseLiabilityUndiscountedExcessAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r39" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10010.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Liabilities", "totalLabel": "Total liabilities (variable interest entities - $218 and $217)" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities [Abstract]", "terseLabel": "Liabilities" } } }, "localname": "LiabilitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r33", "r320", "r344" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities And Stockholders Equity", "totalLabel": "TOTAL LIABILITIES AND EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities And Stockholders Equity [Abstract]", "terseLabel": "LIABILITIES AND EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilityForCatastropheClaimsByCatastrophicEventAxis": { "auth_ref": [ "r356" ], "lang": { "en-US": { "role": { "documentation": "Information by type of catastrophic event, for example, but not limited to, earthquake, windstorm, fire or explosion.", "label": "Liability For Catastrophe Claims By Catastrophic Event [Axis]", "terseLabel": "Catastrophic Event" } } }, "localname": "LiabilityForCatastropheClaimsByCatastrophicEventAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_LineOfCreditFacilityCommitmentFeeAmount": { "auth_ref": [ "r38" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the fee for available but unused credit capacity under the credit facility.", "label": "Line Of Credit Facility Commitment Fee Amount", "terseLabel": "Upfront financing fees expensed in connection with terminated commitments" } } }, "localname": "LineOfCreditFacilityCommitmentFeeAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityIncreaseDecreaseForPeriodNet": { "auth_ref": [ "r105" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) of the credit facility.", "label": "Line Of Credit Facility Increase Decrease For Period Net", "negatedLabel": "Terminated term loan facility" } } }, "localname": "LineOfCreditFacilityIncreaseDecreaseForPeriodNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity": { "auth_ref": [ "r38" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.", "label": "Line Of Credit Facility Maximum Borrowing Capacity", "terseLabel": "Term loan facility, maximum borrowing capacity" } } }, "localname": "LineOfCreditFacilityMaximumBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity": { "auth_ref": [ "r38" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).", "label": "Line Of Credit Facility Remaining Borrowing Capacity", "terseLabel": "Amount available for borrowing" } } }, "localname": "LineOfCreditFacilityRemainingBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.", "label": "Line Of Credit Facility Unused Capacity Commitment Fee Percentage", "terseLabel": "Annual fee equal undrawn portion" } } }, "localname": "LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail" ], "xbrltype": "percentItemType" }, "us-gaap_LoansPayableFairValueDisclosure": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of contractual obligation to pay money on demand or on fixed or determinable dates.", "label": "Loans Payable Fair Value Disclosure", "terseLabel": "Loan" } } }, "localname": "LoansPayableFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebt": { "auth_ref": [ "r22", "r181", "r317", "r339" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long Term Debt", "totalLabel": "Debt and capital lease obligations, gross" } } }, "localname": "LongTermDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive": { "auth_ref": [ "r106", "r178" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": 10060.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long Term Debt Maturities Repayments Of Principal After Year Five", "terseLabel": "Thereafter(1)" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive": { "auth_ref": [ "r106", "r178" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": 10050.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long Term Debt Maturities Repayments Of Principal In Year Five", "terseLabel": "2023" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour": { "auth_ref": [ "r106", "r178" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": 10040.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long Term Debt Maturities Repayments Of Principal In Year Four", "terseLabel": "2022" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree": { "auth_ref": [ "r106", "r178" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": 10030.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long Term Debt Maturities Repayments Of Principal In Year Three", "terseLabel": "2021" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo": { "auth_ref": [ "r106", "r178" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": 10020.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long Term Debt Maturities Repayments Of Principal In Year Two", "terseLabel": "2020" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear": { "auth_ref": [ "r106" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail": { "order": 10010.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the remainder of the fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year", "terseLabel": "2019" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtDebtMaturitiesAssumingExerciseOfAllExtensionsThatAreExercisableSolelyAtOurOptionDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongtermDebtTypeAxis": { "auth_ref": [ "r43" ], "lang": { "en-US": { "role": { "documentation": "Information by type of long-term debt.", "label": "Longterm Debt Type [Axis]", "terseLabel": "Long-term Debt, Type" } } }, "localname": "LongtermDebtTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "stringItemType" }, "us-gaap_LongtermDebtTypeDomain": { "auth_ref": [ "r43", "r179" ], "lang": { "en-US": { "role": { "documentation": "Type of long-term debt arrangement, such as notes, line of credit, commercial paper, asset-based financing, project financing, letter of credit financing. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Longterm Debt Type [Domain]", "terseLabel": "Long-term Debt, Type" } } }, "localname": "LongtermDebtTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_LongtermDebtWeightedAverageInterestRate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Weighted average interest rate of long-term debt outstanding calculated at point in time.", "label": "Longterm Debt Weighted Average Interest Rate", "terseLabel": "Debt instrument, weighted average interest rate" } } }, "localname": "LongtermDebtWeightedAverageInterestRate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail" ], "xbrltype": "percentItemType" }, "us-gaap_LossContingencyNumberOfPlaintiffs": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of plaintiffs that have filed claims pertaining to a loss contingency.", "label": "Loss Contingency Number Of Plaintiffs", "terseLabel": "Loss contingency, number of plaintiffs" } } }, "localname": "LossContingencyNumberOfPlaintiffs", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "integerItemType" }, "us-gaap_LossFromCatastrophes": { "auth_ref": [ "r78" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The charge against earnings in the period for the uninsured portion of a loss from a fire, explosion, or natural disaster (hurricane, earthquake).", "label": "Loss From Catastrophes", "terseLabel": "Loss on property and equipment from hurricane damage" } } }, "localname": "LossFromCatastrophes", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock": { "auth_ref": [ "r13", "r239" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings.", "label": "Mergers Acquisitions And Dispositions Disclosures [Text Block]", "terseLabel": "Acquisitions and Dispositions" } } }, "localname": "MergersAcquisitionsAndDispositionsDisclosuresTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositions" ], "xbrltype": "textBlockItemType" }, "us-gaap_MinorityInterest": { "auth_ref": [ "r47", "r319", "r343" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10050.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).", "label": "Minority Interest", "terseLabel": "Noncontrolling interests" } } }, "localname": "MinorityInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders": { "auth_ref": [ "r188" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders.", "label": "Minority Interest Decrease From Distributions To Noncontrolling Interest Holders", "negatedLabel": "Distributions to noncontrolling interests" } } }, "localname": "MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_MinorityInterestOwnershipPercentageByParent": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The parent entity's interest in net assets of the subsidiary, expressed as a percentage.", "label": "Minority Interest Ownership Percentage By Parent", "terseLabel": "Percentage of ownership interest" } } }, "localname": "MinorityInterestOwnershipPercentageByParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganizationAdditionalInformationDetails" ], "xbrltype": "percentItemType" }, "us-gaap_MortgagesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A loan to finance the purchase of real estate where the lender has a lien on the property as collateral for the loan.", "label": "Mortgages [Member]", "terseLabel": "Mortgage Loans [Member]" } } }, "localname": "MortgagesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r92" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10030.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided By Used In Financing Activities", "totalLabel": "Net cash provided by (used in) financing activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided By Used In Financing Activities [Abstract]", "terseLabel": "Financing Activities:" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r92" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10020.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided By Used In Investing Activities", "totalLabel": "Net cash (used in) provided by investing activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided By Used In Investing Activities [Abstract]", "terseLabel": "Investing Activities:" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r92", "r93", "r96" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10010.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided By Used In Operating Activities", "totalLabel": "Net cash provided by operating activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided By Used In Operating Activities [Abstract]", "terseLabel": "Operating Activities:" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r57", "r60", "r67", "r96", "r121", "r329", "r352" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail": { "order": 10030.0, "parentTag": "pk_NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net Income Loss", "terseLabel": "Net income", "totalLabel": "Net income attributable to stockholders", "verboseLabel": "Net income attributable to stockholders" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAttributableToNoncontrollingInterest": { "auth_ref": [ "r57", "r60", "r247", "r258" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10050.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of Net Income (Loss) attributable to noncontrolling interest.", "label": "Net Income Loss Attributable To Noncontrolling Interest", "negatedLabel": "Net income attributable to noncontrolling interests" } } }, "localname": "NetIncomeLossAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAvailableToCommonStockholdersOperationsBasicAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Income Loss Available To Common Stockholders Operations Basic [Abstract]", "terseLabel": "Numerator:" } } }, "localname": "NetIncomeLossAvailableToCommonStockholdersOperationsBasicAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail" ], "xbrltype": "stringItemType" }, "us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingResults": { "auth_ref": [ "r108", "r111" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of the effect of a change in accounting principle on operating profit or loss.", "label": "New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Operating Results", "terseLabel": "Cumulative effect of change in accounting principle" } } }, "localname": "NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingResults", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.", "label": "New Accounting Pronouncements Policy Policy [Text Block]", "terseLabel": "Recently Issued Accounting Pronouncements" } } }, "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1": { "auth_ref": [ "r98", "r99", "r100" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount of fixed assets that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. \"Part noncash\" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.", "label": "Noncash Or Part Noncash Acquisition Fixed Assets Acquired1", "terseLabel": "Transfer of property and equipment to Hilton Grand Vacations" } } }, "localname": "NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NoncashOrPartNoncashAcquisitionInvestmentsAcquired1": { "auth_ref": [ "r98", "r99", "r100" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount of investments that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. \"Part noncash\" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.", "label": "Noncash Or Part Noncash Acquisition Investments Acquired1", "terseLabel": "Assumption of mortgage loans in connection with acquisitions" } } }, "localname": "NoncashOrPartNoncashAcquisitionInvestmentsAcquired1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NoncontrollingInterestMember": { "auth_ref": [ "r240" ], "lang": { "en-US": { "role": { "documentation": "This element represents that portion of equity (net assets) in a subsidiary not attributable, directly or indirectly, to the parent. A noncontrolling interest is sometimes called a minority interest.", "label": "Noncontrolling Interest [Member]", "terseLabel": "Non-Controlling Interests [member]" } } }, "localname": "NoncontrollingInterestMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "domainItemType" }, "us-gaap_NumberOfOperatingSegments": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.", "label": "Number Of Operating Segments", "terseLabel": "Number of operating business segments" } } }, "localname": "NumberOfOperatingSegments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationHotelPropertiesBySegmentDetail" ], "xbrltype": "integerItemType" }, "us-gaap_NumberOfReportableSegments": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements.", "label": "Number Of Reportable Segments", "terseLabel": "Number of reportable segment" } } }, "localname": "NumberOfReportableSegments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationHotelPropertiesBySegmentDetail" ], "xbrltype": "integerItemType" }, "us-gaap_OccupancyMember": { "auth_ref": [ "r192" ], "lang": { "en-US": { "role": { "documentation": "Residing in place for specified period of time. Including, but not limited to, hotel, cruise, or other type of lodging arrangement.", "label": "Occupancy [Member]", "terseLabel": "Rooms [Member]" } } }, "localname": "OccupancyMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "domainItemType" }, "us-gaap_OperatingExpensesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Operating Expenses [Abstract]", "terseLabel": "Operating expenses" } } }, "localname": "OperatingExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OperatingIncomeLoss": { "auth_ref": [], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10080.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net result for the period of deducting operating expenses from operating revenues.", "label": "Operating Income Loss", "terseLabel": "Operating income", "totalLabel": "Operating income" } } }, "localname": "OperatingIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseCost": { "auth_ref": [ "r298", "r306" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability.", "label": "Operating Lease Cost", "terseLabel": "Operating lease expense" } } }, "localname": "OperatingLeaseCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfRentExpenseAndSupplementalCashFlowAndNonCashInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseImpairmentLoss": { "auth_ref": [ "r294" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of loss from impairment of right-of-use asset from operating lease.", "label": "Operating Lease Impairment Loss", "terseLabel": "Operating lease, impairment loss on right of use asset" } } }, "localname": "OperatingLeaseImpairmentLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLiability": { "auth_ref": [ "r296" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail2": { "order": 10020.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10160.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Present value of lessee's discounted obligation for lease payments from operating lease.", "label": "Operating Lease Liability", "positiveLabel": "Total operating lease liabilities", "terseLabel": "Operating lease liabilities", "verboseLabel": "Operating lease liability" } } }, "localname": "OperatingLeaseLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfMaturitiesOfNonCancelableOperatingLeaseLiabilitiesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasePayments": { "auth_ref": [ "r297", "r300" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.", "label": "Operating Lease Payments", "terseLabel": "Operating cash flows for operating leases" } } }, "localname": "OperatingLeasePayments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfRentExpenseAndSupplementalCashFlowAndNonCashInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseRightOfUseAsset": { "auth_ref": [ "r295" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10260.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's right to use underlying asset under operating lease.", "label": "Operating Lease Right Of Use Asset", "terseLabel": "Operating lease right-of-use assets", "verboseLabel": "Operating lease right-of-use asset" } } }, "localname": "OperatingLeaseRightOfUseAsset", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent": { "auth_ref": [ "r303", "r306" ], "lang": { "en-US": { "role": { "documentation": "Weighted average discount rate for operating lease calculated at point in time.", "label": "Operating Lease Weighted Average Discount Rate Percent", "terseLabel": "Weighted average discount rate used to determine operating lease liabilities" } } }, "localname": "OperatingLeaseWeightedAverageDiscountRatePercent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails" ], "xbrltype": "percentItemType" }, "us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1": { "auth_ref": [ "r302", "r306" ], "lang": { "en-US": { "role": { "documentation": "Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Operating Lease Weighted Average Remaining Lease Term1", "terseLabel": "Weighted average remaining operating lease term" } } }, "localname": "OperatingLeaseWeightedAverageRemainingLeaseTerm1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesAdditionalInformationDetails" ], "xbrltype": "durationItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Organization Consolidation And Presentation Of Financial Statements [Abstract]" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock": { "auth_ref": [ "r14", "r262" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.", "label": "Organization Consolidation And Presentation Of Financial Statements Disclosure [Text Block]", "terseLabel": "Organization" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureOrganization" ], "xbrltype": "textBlockItemType" }, "us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent": { "auth_ref": [ "r324", "r348" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10120.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of expenses incurred but not yet paid classified as other.", "label": "Other Accrued Liabilities Current And Noncurrent", "terseLabel": "Due to hotel managers", "verboseLabel": "Due to hotel manager" } } }, "localname": "OtherAccruedLiabilitiesCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherAssets": { "auth_ref": [ "r21", "r314", "r337" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10250.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of assets classified as other.", "label": "Other Assets", "terseLabel": "Other assets" } } }, "localname": "OtherAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherAssetsMember": { "auth_ref": [ "r265", "r269" ], "lang": { "en-US": { "role": { "documentation": "Primary financial statement caption encompassing other assets.", "label": "Other Assets [Member]", "terseLabel": "Other Assets [Member]" } } }, "localname": "OtherAssetsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_OtherCommitmentsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Other Commitments [Line Items]", "terseLabel": "Other Commitments [Line Items]" } } }, "localname": "OtherCommitmentsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OtherCommitmentsTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about obligations resulting from other commitments.", "label": "Other Commitments [Table]", "terseLabel": "Other Commitments [Table]" } } }, "localname": "OtherCommitmentsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax": { "auth_ref": [ "r50", "r284" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10030.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.", "label": "Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax", "terseLabel": "Currency translation adjustment, net of tax expense of $0, $1, $0, $2" } } }, "localname": "OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax": { "auth_ref": [ "r50", "r53" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.", "label": "Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax", "terseLabel": "Foreign currency translation adjustment, tax" } } }, "localname": "OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementConsolidatedStatementsOfComprehensiveIncomeParenthetical" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r58", "r61", "r63", "r183" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax and reclassification adjustments of other comprehensive income (loss).", "label": "Other Comprehensive Income Loss Net Of Tax", "totalLabel": "Total other comprehensive (loss) income", "verboseLabel": "Other comprehensive income (loss)" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Other Comprehensive Income Loss Net Of Tax Period Increase Decrease [Abstract]", "terseLabel": "Other comprehensive (loss) income, net of tax expense:" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OtherCostAndExpenseOperating": { "auth_ref": [ "r74" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10070.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation.", "label": "Other Cost And Expense Operating", "negatedLabel": "Other operating expenses" } } }, "localname": "OtherCostAndExpenseOperating", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherExpenses": { "auth_ref": [ "r76", "r355" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10260.0, "parentTag": "us-gaap_CostsAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of expense classified as other.", "label": "Other Expenses", "terseLabel": "Other" } } }, "localname": "OtherExpenses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilities": { "auth_ref": [ "r325" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10150.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities classified as other.", "label": "Other Liabilities", "terseLabel": "Other liabilities" } } }, "localname": "OtherLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilitiesMember": { "auth_ref": [ "r265", "r269" ], "lang": { "en-US": { "role": { "documentation": "Primary financial statement caption encompassing other liabilities.", "label": "Other Liabilities [Member]", "terseLabel": "Other Liabilities [Member]" } } }, "localname": "OtherLiabilitiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsAdditionalInformationDetail" ], "xbrltype": "domainItemType" }, "us-gaap_OtherNoncashIncomeExpense": { "auth_ref": [ "r96" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10220.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other.", "label": "Other Noncash Income Expense", "negatedLabel": "Other gain, net" } } }, "localname": "OtherNoncashIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherNonoperatingIncomeExpense": { "auth_ref": [ "r78" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10140.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10130.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of income (expense) related to nonoperating activities, classified as other.", "label": "Other Nonoperating Income Expense", "terseLabel": "Other gain (loss), net" } } }, "localname": "OtherNonoperatingIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfCommonStock": { "auth_ref": [ "r87" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10100.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow to reacquire common stock during the period.", "label": "Payments For Repurchase Of Common Stock", "negatedLabel": "Repurchase of common stock" } } }, "localname": "PaymentsForRepurchaseOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfDividends": { "auth_ref": [ "r87" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10070.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests.", "label": "Payments Of Dividends", "negatedLabel": "Dividends paid" } } }, "localname": "PaymentsOfDividends", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfFinancingCosts": { "auth_ref": [ "r88" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10060.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow for loan and debt issuance costs.", "label": "Payments Of Financing Costs", "negatedLabel": "Payments of deferred financing costs" } } }, "localname": "PaymentsOfFinancingCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation": { "auth_ref": [ "r87" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10090.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow to satisfy grantee's tax withholding obligation for award under share-based payment arrangement.", "label": "Payments Related To Tax Withholding For Share Based Compensation", "negatedLabel": "Tax withholdings on share-based compensation" } } }, "localname": "PaymentsRelatedToTaxWithholdingForShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireBusinessesGross": { "auth_ref": [ "r84", "r237" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.", "label": "Payments To Acquire Businesses Gross", "terseLabel": "Cash issued for acquisition" } } }, "localname": "PaymentsToAcquireBusinessesGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquirePropertyPlantAndEquipment": { "auth_ref": [ "r85" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10120.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.", "label": "Payments To Acquire Property Plant And Equipment", "negatedLabel": "Capital expenditures for property and equipment" } } }, "localname": "PaymentsToAcquirePropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToMinorityShareholders": { "auth_ref": [ "r88" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10080.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest.", "label": "Payments To Minority Shareholders", "negatedLabel": "Distributions to noncontrolling interests" } } }, "localname": "PaymentsToMinorityShareholders", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PerformanceSharesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Share-based payment arrangement awarded for meeting performance target.", "label": "Performance Shares [Member]", "terseLabel": "Performance Stock Units (\"PSUs\") [Member]" } } }, "localname": "PerformanceSharesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail" ], "xbrltype": "domainItemType" }, "us-gaap_PortionAtFairValueFairValueDisclosureMember": { "auth_ref": [ "r276" ], "lang": { "en-US": { "role": { "documentation": "Measured at fair value for financial reporting purposes.", "label": "Portion At Fair Value Fair Value Disclosure [Member]", "terseLabel": "Fair Value Disclosure Item Amounts [Default]" } } }, "localname": "PortionAtFairValueFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureFairValueMeasurementsAndDerivativeInstrumentsFairValueOfDebtAndHierarchyLevelUsedToEstimateFairValuesDetail" ], "xbrltype": "domainItemType" }, "us-gaap_PrepaidExpenseCurrentAndNoncurrent": { "auth_ref": [ "r321", "r347" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10240.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Carrying amount as of the balance sheet date of expenditures made in advance of when the economic benefit of the cost will be realized, and which will be expensed in future periods with the passage of time or when a triggering event occurs.", "label": "Prepaid Expense Current And Noncurrent", "terseLabel": "Prepaid expenses" } } }, "localname": "PrepaidExpenseCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PriorPeriodReclassificationAdjustmentDescription": { "auth_ref": [ "r0" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for reclassifications that affects the comparability of the financial statements.", "label": "Prior Period Reclassification Adjustment Description", "terseLabel": "Reclassifications" } } }, "localname": "PriorPeriodReclassificationAdjustmentDescription", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_ProceedsFromDivestitureOfBusinesses": { "auth_ref": [ "r81" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period.", "label": "Proceeds From Divestiture Of Businesses", "terseLabel": "Gross proceeds on sale of hotel portfolio properties" } } }, "localname": "ProceedsFromDivestitureOfBusinesses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates": { "auth_ref": [ "r81" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow associated with the amount received from the sale of a business segment or subsidiary or sale of an entity that is related to it but not strictly controlled during the period (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment).", "label": "Proceeds From Divestiture Of Businesses And Interests In Affiliates", "terseLabel": "Gross proceeds on sale of hotel portfolio properties" } } }, "localname": "ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates": { "auth_ref": [ "r81" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10140.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow associated with the deconsolidation of a previously consolidated subsidiary or sale of an entity that is related to it but not strictly controlled.", "label": "Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates", "terseLabel": "Proceeds from the sale of investments in affiliates, net" } } }, "localname": "ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromInsuranceSettlementInvestingActivities": { "auth_ref": [ "r83", "r90" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10150.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow for proceeds from settlement of insurance claim, classified as investing activities. Excludes insurance settlement classified as operating activities.", "label": "Proceeds From Insurance Settlement Investing Activities", "terseLabel": "Insurance proceeds for property damage claims" } } }, "localname": "ProceedsFromInsuranceSettlementInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromLinesOfCredit": { "auth_ref": [ "r86", "r105" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10050.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.", "label": "Proceeds From Lines Of Credit", "terseLabel": "Borrowings under credit facilities" } } }, "localname": "ProceedsFromLinesOfCredit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment": { "auth_ref": [ "r82" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10130.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.", "label": "Proceeds From Sale Of Property Plant And Equipment", "terseLabel": "Proceeds from asset dispositions, net" } } }, "localname": "ProceedsFromSaleOfPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProfitLoss": { "auth_ref": [ "r57", "r60", "r89", "r141", "r144", "r242", "r246", "r248", "r258", "r259" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10160.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10040.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.", "label": "Profit Loss", "terseLabel": "Net income", "totalLabel": "Net income", "verboseLabel": "Net income (loss)" } } }, "localname": "ProfitLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Property Plant And Equipment [Abstract]" } } }, "localname": "PropertyPlantAndEquipmentAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock": { "auth_ref": [ "r171" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.", "label": "Property Plant And Equipment Disclosure [Text Block]", "terseLabel": "Property and Equipment" } } }, "localname": "PropertyPlantAndEquipmentDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipment" ], "xbrltype": "textBlockItemType" }, "us-gaap_PropertyPlantAndEquipmentGross": { "auth_ref": [ "r36", "r164" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": 10010.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property Plant And Equipment Gross", "totalLabel": "Property and equipment, gross" } } }, "localname": "PropertyPlantAndEquipmentGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Property Plant And Equipment [Line Items]", "terseLabel": "Property, Plant and Equipment [Line Items]" } } }, "localname": "PropertyPlantAndEquipmentLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentNet": { "auth_ref": [ "r19", "r20", "r166", "r345" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10170.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property Plant And Equipment Net", "terseLabel": "Property and equipment, net", "totalLabel": "Property and equipment, net" } } }, "localname": "PropertyPlantAndEquipmentNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentScheduleOfPropertyAndEquipmentDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentTextBlock": { "auth_ref": [ "r19", "r166" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.", "label": "Property Plant And Equipment [Text Block]", "terseLabel": "Property and Equipment" } } }, "localname": "PropertyPlantAndEquipmentTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_PurchaseCommitmentRemainingMinimumAmountCommitted": { "auth_ref": [ "r23", "r318", "r340" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Minimum amount to be expended to satisfy the terms of arrangements in which the entity has agreed to expend funds to procure goods or services, excluding long-term purchase commitments or unconditional purchase obligations.", "label": "Purchase Commitment Remaining Minimum Amount Committed", "terseLabel": "Purchase commitment, remaining minimum amount committed" } } }, "localname": "PurchaseCommitmentRemainingMinimumAmountCommitted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable": { "auth_ref": [ "r142", "r143" ], "lang": { "en-US": { "role": { "documentation": "Identification, description, and amounts of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.", "label": "Reconciliation Of Assets From Segment To Consolidated [Table]", "terseLabel": "Reconciliation Of Assets From Segment To Consolidated [Table]" } } }, "localname": "ReconciliationOfAssetsFromSegmentToConsolidatedTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock": { "auth_ref": [ "r142", "r143" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.", "label": "Reconciliation Of Assets From Segment To Consolidated [Text Block]", "terseLabel": "Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts" } } }, "localname": "ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_RestrictedCash": { "auth_ref": [ "r101", "r313", "r341" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10220.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits.", "label": "Restricted Cash", "terseLabel": "Restricted cash" } } }, "localname": "RestrictedCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedStockMember": { "auth_ref": [ "r120" ], "lang": { "en-US": { "role": { "documentation": "Stock including a provision that prohibits sale or substantive sale of an equity instrument for a specified period of time or until specified performance conditions are met.", "label": "Restricted Stock [Member]", "terseLabel": "Restricted stock awards (RSAs) [Member]" } } }, "localname": "RestrictedStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "domainItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r30", "r188", "r342" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10080.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings Accumulated Deficit", "terseLabel": "Retained earnings" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings [Member]", "terseLabel": "Retained Earnings [member]" } } }, "localname": "RetainedEarningsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "domainItemType" }, "us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax": { "auth_ref": [ "r189", "r190" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail": { "order": 10020.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome": { "order": 10140.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.", "label": "Revenue From Contract With Customer Excluding Assessed Tax", "terseLabel": "Total revenues" } } }, "localname": "RevenueFromContractWithCustomerExcludingAssessedTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenuesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Revenues [Abstract]", "terseLabel": "Revenues" } } }, "localname": "RevenuesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_RevolvingCreditFacilityMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Arrangement in which loan proceeds can continuously be obtained following repayments, but the total amount borrowed cannot exceed a specified maximum amount.", "label": "Revolving Credit Facility [Member]", "terseLabel": "Revolving Credit Facility [Member]" } } }, "localname": "RevolvingCreditFacilityMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtScheduleOfDebtParentheticalDetail" ], "xbrltype": "domainItemType" }, "us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability": { "auth_ref": [ "r301", "r306" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase in right-of-use asset obtained in exchange for operating lease liability.", "label": "Right Of Use Asset Obtained In Exchange For Operating Lease Liability", "terseLabel": "Right-of-use assets obtained in exchange for lease obligations(1)" } } }, "localname": "RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfRentExpenseAndSupplementalCashFlowAndNonCashInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable": { "auth_ref": [ "r230", "r231" ], "lang": { "en-US": { "role": { "documentation": "Schedule reflecting each material business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities.", "label": "Schedule Of Business Acquisitions By Acquisition [Table]", "terseLabel": "Schedule Of Business Acquisitions By Acquisition [Table]" } } }, "localname": "ScheduleOfBusinessAcquisitionsByAcquisitionTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfPreliminaryAllocationOfAssetsAcquiredAndLiabilitiesAssumedDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsScheduleOfUnauditedCondensedProFormaFinancialInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesAcquiredDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsSummaryOfHotelPortfolioPropertiesSoldDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfDebtTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.", "label": "Schedule Of Debt Table [Text Block]", "terseLabel": "Schedule of Debt" } } }, "localname": "ScheduleOfDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock": { "auth_ref": [ "r1", "r3", "r4", "r5", "r6", "r7", "r8", "r9", "r10", "r11", "r12", "r169", "r170" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.", "label": "Schedule Of Disposal Groups Including Discontinued Operations Income Statement Balance Sheet And Additional Disclosures [Text Block]", "terseLabel": "Summary of Hotel Portfolio Properties Sold" } } }, "localname": "ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock": { "auth_ref": [ "r121" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.", "label": "Schedule Of Earnings Per Share Basic And Diluted Table [Text Block]", "terseLabel": "Basic and Diluted Earnings Per Share" } } }, "localname": "ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEquityMethodInvestmentsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Schedule Of Equity Method Investments [Line Items]", "terseLabel": "Schedule Of Equity Method Investments [Line Items]" } } }, "localname": "ScheduleOfEquityMethodInvestmentsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfEquityMethodInvestmentsTable": { "auth_ref": [ "r152" ], "lang": { "en-US": { "role": { "documentation": "Summarization of information required and determined to be disclosed concerning equity method investments in common stock. The summarized information includes: (a) the name of each investee or group of investees for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available.", "label": "Schedule Of Equity Method Investments [Table]", "terseLabel": "Schedule Of Equity Method Investments [Table]" } } }, "localname": "ScheduleOfEquityMethodInvestmentsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfInvestmentsInAffiliatesParentheticalDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock": { "auth_ref": [ "r178" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.", "label": "Schedule Of Maturities Of Long Term Debt Table [Text Block]", "terseLabel": "Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option" } } }, "localname": "ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureDebtTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock": { "auth_ref": [ "r204" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the changes in outstanding nonvested performance-based units.", "label": "Schedule Of Nonvested Performance Based Units Activity Table [Text Block]", "terseLabel": "Schedule of Performance Stock Units (\"PSUs\")" } } }, "localname": "ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfPropertyPlantAndEquipmentTable": { "auth_ref": [ "r37", "r166" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.", "label": "Schedule Of Property Plant And Equipment [Table]", "terseLabel": "Schedule Of Property Plant And Equipment [Table]" } } }, "localname": "ScheduleOfPropertyPlantAndEquipmentTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock": { "auth_ref": [ "r233" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.", "label": "Schedule Of Recognized Identified Assets Acquired And Liabilities Assumed Table [Text Block]", "terseLabel": "Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed" } } }, "localname": "ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable": { "auth_ref": [ "r200", "r215" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about share-based payment arrangement.", "label": "Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]", "terseLabel": "Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]" } } }, "localname": "ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.", "label": "Schedule Of Sharebased Compensation Restricted Stock And Restricted Stock Units Activity Table [Text Block]", "terseLabel": "Schedule of Restricted Stock Awards (\"RSAs\")" } } }, "localname": "ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfVariableInterestEntitiesTable": { "auth_ref": [ "r251", "r252", "r253", "r254", "r256" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of qualitative and quantitative information related to variable interests the entity holds, whether or not such variable interest entity (VIE) is included in the reporting entity's consolidated financial statements. Includes, but is not limited to, description of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a tabular comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.", "label": "Schedule Of Variable Interest Entities [Table]", "terseLabel": "Schedule Of Variable Interest Entities [Table]" } } }, "localname": "ScheduleOfVariableInterestEntitiesTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfVariableInterestEntitiesTextBlock": { "auth_ref": [ "r251", "r252", "r253", "r254", "r256" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.", "label": "Schedule Of Variable Interest Entities [Text Block]", "terseLabel": "Schedule of Assets and Liabilities Included in Consolidated Balance Sheets" } } }, "localname": "ScheduleOfVariableInterestEntitiesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_SegmentDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Components of an entity that engage in business activities from which they may earn revenue and incur expenses, including transactions with other components of the same entity.", "label": "Segment [Domain]", "terseLabel": "Segments" } } }, "localname": "SegmentDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail" ], "xbrltype": "domainItemType" }, "us-gaap_SegmentReportingAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Segment Reporting [Abstract]" } } }, "localname": "SegmentReportingAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_SegmentReportingAssetReconcilingItemLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Segment Reporting Asset Reconciling Item [Line Items]", "terseLabel": "Segment Reporting Asset Reconciling Item [Line Items]" } } }, "localname": "SegmentReportingAssetReconcilingItemLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail" ], "xbrltype": "stringItemType" }, "us-gaap_SegmentReportingDisclosureTextBlock": { "auth_ref": [ "r147" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.", "label": "Segment Reporting Disclosure [Text Block]", "terseLabel": "Business Segment Information" } } }, "localname": "SegmentReportingDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformation" ], "xbrltype": "textBlockItemType" }, "us-gaap_ShareBasedCompensation": { "auth_ref": [ "r94" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows": { "order": 10230.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of noncash expense for share-based payment arrangement.", "label": "Share Based Compensation", "terseLabel": "Share-based compensation expense" } } }, "localname": "ShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1": { "auth_ref": [ "r201" ], "lang": { "en-US": { "role": { "documentation": "Period over which grantee's right to exercise award under share-based payment arrangement is no longer contingent on satisfaction of service or performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, combination of market, performance or service condition.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1", "terseLabel": "Share-based compensation arrangement by share-based payment award performance period" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "durationItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights": { "auth_ref": [ "r201" ], "lang": { "en-US": { "role": { "documentation": "Description of service or performance condition required to be met for earning right to award under share-based payment arrangement. Includes, but is not limited to, combination of market, performance or service condition.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights", "terseLabel": "Vesting rights" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod": { "auth_ref": [ "r203" ], "lang": { "en-US": { "role": { "documentation": "The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period", "negatedLabel": "Number of Shares, Forfeited" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue": { "auth_ref": [ "r208" ], "lang": { "en-US": { "role": { "documentation": "Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value", "terseLabel": "Weighted Average Grant Date Fair Value, Forfeited" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod": { "auth_ref": [ "r206" ], "lang": { "en-US": { "role": { "documentation": "The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period", "terseLabel": "Number of Shares, Granted" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r206" ], "lang": { "en-US": { "role": { "documentation": "The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value", "terseLabel": "Weighted Average Grant Date Fair Value, Granted" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber": { "auth_ref": [ "r205" ], "lang": { "en-US": { "role": { "documentation": "The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number", "periodEndLabel": "Number of Shares, Ending balance", "periodStartLabel": "Number of Shares, Beginning balance" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue": { "auth_ref": [ "r205" ], "lang": { "en-US": { "role": { "documentation": "Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value", "periodEndLabel": "Weighted Average Grant Date Fair Value, Ending balance", "periodStartLabel": "Weighted Average Grant Date Fair Value, Beginning balance" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod": { "auth_ref": [ "r207" ], "lang": { "en-US": { "role": { "documentation": "The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period", "negatedLabel": "Number of Shares, Vested" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r207" ], "lang": { "en-US": { "role": { "documentation": "The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value", "terseLabel": "Weighted Average Grant Date Fair Value, Vested" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate": { "auth_ref": [ "r211" ], "lang": { "en-US": { "role": { "documentation": "The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate", "terseLabel": "Dividend yield" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum", "terseLabel": "Expected volatility, maximum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum", "terseLabel": "Expected volatility, minimum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum", "terseLabel": "Risk-free rate, maximum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum", "terseLabel": "Risk-free rate, minimum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate": { "auth_ref": [ "r210" ], "lang": { "en-US": { "role": { "documentation": "Rate of weighted-average expected volatility for award under share-based payment arrangement.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate", "terseLabel": "Weighted average expected volatility" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelParentheticalDetail" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Share Based Compensation Arrangement By Share Based Payment Award [Line Items]", "terseLabel": "Share Based Compensation Arrangement By Share Based Payment Award [Line Items]" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain": { "auth_ref": [ "r198", "r202" ], "lang": { "en-US": { "role": { "documentation": "Award under share-based payment arrangement.", "label": "Share Based Compensation Arrangements By Share Based Payment Award Award Type And Plan Name [Domain]", "terseLabel": "Award Type" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfPerformanceStockUnitsPsusDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfRestrictedStockAwardsRsasDetail" ], "xbrltype": "domainItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1": { "auth_ref": [ "r209", "r216" ], "lang": { "en-US": { "role": { "documentation": "Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1", "terseLabel": "Expected term" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureShareBasedCompensationScheduleOfGrantDateFairValuesOfAwardsUsingMonteCarloSimulationValuationModelDetail" ], "xbrltype": "durationItemType" }, "us-gaap_StatementBusinessSegmentsAxis": { "auth_ref": [ "r2", "r141", "r159", "r168", "r172", "r173", "r357" ], "lang": { "en-US": { "role": { "documentation": "Information by business segments.", "label": "Statement Business Segments [Axis]", "terseLabel": "Segments" } } }, "localname": "StatementBusinessSegmentsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationReconciliationOfConsolidatedHotelRevenueToCondensedConsolidatedRevenueAndHotelAdjustedEBITDAToNetIncomeDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBusinessSegmentInformationScheduleOfTotalAssetsByConsolidatedHotelsReconciledToCondensedCombinedConsolidatedAmountsDetail" ], "xbrltype": "stringItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r46", "r183" ], "lang": { "en-US": { "role": { "documentation": "Information by component of equity.", "label": "Statement Equity Components [Axis]", "terseLabel": "Equity Components" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureAcquisitionsAndDispositionsAdditionalInformationDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]", "terseLabel": "Statement [Line Items]" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement Of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement Of Financial Position [Abstract]" } } }, "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement Of Stockholders Equity [Abstract]" } } }, "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]", "terseLabel": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "stringItemType" }, "us-gaap_StockIssued1": { "auth_ref": [ "r98", "r99", "r100" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The fair value of stock issued in noncash financing activities.", "label": "Stock Issued1", "terseLabel": "Issuance of common shares in connection with the acquisition of Chesapeake Lodging Trust" } } }, "localname": "StockIssued1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockIssuedDuringPeriodSharesNewIssues": { "auth_ref": [ "r26", "r27", "r183", "r188" ], "lang": { "en-US": { "role": { "documentation": "Number of new stock issued during the period.", "label": "Stock Issued During Period Shares New Issues", "terseLabel": "Issuance of common stock (Shares)" } } }, "localname": "StockIssuedDuringPeriodSharesNewIssues", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationGross": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number, before forfeiture, of shares issued under share-based payment arrangement. Excludes employee stock ownership plan (ESOP).", "label": "Stock Issued During Period Shares Share Based Compensation Gross", "terseLabel": "Share-based compensation, net (Shares)" } } }, "localname": "StockIssuedDuringPeriodSharesShareBasedCompensationGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodValueNewIssues": { "auth_ref": [ "r26", "r27", "r183", "r188" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.", "label": "Stock Issued During Period Value New Issues", "terseLabel": "Issuance of common stock" } } }, "localname": "StockIssuedDuringPeriodValueNewIssues", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchasedDuringPeriodShares": { "auth_ref": [ "r26", "r27", "r183", "r188" ], "lang": { "en-US": { "role": { "documentation": "Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.", "label": "Stock Repurchased During Period Shares", "negatedLabel": "Repurchases of common stock (Shares)" } } }, "localname": "StockRepurchasedDuringPeriodShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "sharesItemType" }, "us-gaap_StockRepurchasedDuringPeriodValue": { "auth_ref": [ "r26", "r27", "r183", "r188" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.", "label": "Stock Repurchased During Period Value", "negatedLabel": "Repurchase of common stock" } } }, "localname": "StockRepurchasedDuringPeriodValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquity": { "auth_ref": [ "r27", "r31", "r32", "r149" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10040.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.", "label": "Stockholders Equity", "totalLabel": "Total stockholders' equity" } } }, "localname": "StockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest": { "auth_ref": [ "r240", "r241", "r257" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets": { "order": 10030.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.", "label": "Stockholders Equity Including Portion Attributable To Noncontrolling Interest", "periodEndLabel": "Balance", "periodStartLabel": "Balance", "totalLabel": "Total equity" } } }, "localname": "StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheets", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfEquityUnaudited" ], "xbrltype": "monetaryItemType" }, "us-gaap_SubsequentEventLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event.", "label": "Subsequent Event [Line Items]", "terseLabel": "Subsequent Event [Line Items]" } } }, "localname": "SubsequentEventLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event [Member]", "terseLabel": "Subsequent Event [Member]" } } }, "localname": "SubsequentEventMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventTable": { "auth_ref": [ "r307" ], "lang": { "en-US": { "role": { "documentation": "Discloses pertinent information about one or more significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued.", "label": "Subsequent Event [Table]", "terseLabel": "Subsequent Event [Table]" } } }, "localname": "SubsequentEventTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeAxis": { "auth_ref": [ "r307" ], "lang": { "en-US": { "role": { "documentation": "Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Axis]", "terseLabel": "Subsequent Event Type" } } }, "localname": "SubsequentEventTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeDomain": { "auth_ref": [ "r307" ], "lang": { "en-US": { "role": { "documentation": "Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Domain]", "terseLabel": "Subsequent Event Type" } } }, "localname": "SubsequentEventTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEventsAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Subsequent Events [Abstract]" } } }, "localname": "SubsequentEventsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventsTextBlock": { "auth_ref": [ "r308" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.", "label": "Subsequent Events [Text Block]", "terseLabel": "Subsequent Events" } } }, "localname": "SubsequentEventsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureSubsequentEvents" ], "xbrltype": "textBlockItemType" }, "us-gaap_SupplementalCashFlowInformationAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Supplemental Cash Flow Information [Abstract]", "terseLabel": "Supplemental Disclosures" } } }, "localname": "SupplementalCashFlowInformationAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_TypeOfAdoptionMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Adoption and early adoption of sources of change to generally accepted accounting principles (GAAP) in the United States. The FASB released the FASB Accounting Standards Codification as the authoritative source of literature effective for interim and annual periods ending after September 15, 2009. As part of the Codification process, the FASB issues Accounting Standards Updates to amend the Codification but otherwise the Accounting Standards Updates are not authoritative in their own right. All previous accounting standards (such as FASB Statements of Financial Accounting Standards, FASB Interpretations, FASB Staff Positions, Emerging Issues Task Force Consensuses, other pronouncements of the FASB or other designated bodies, or other forms of GAAP are considered accounting pronouncements) were superseded upon the adoption of the Codification. For an interim period, references to the superseded standards are included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.", "label": "Type Of Adoption [Member]", "terseLabel": "Type of Adoption" } } }, "localname": "TypeOfAdoptionMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UnusualOrInfrequentItemInsuranceProceeds": { "auth_ref": [ "r79" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of insurance proceeds for an event or transaction that is unusual in nature or infrequent in occurrence, or both.", "label": "Unusual Or Infrequent Item Insurance Proceeds", "terseLabel": "Insurance proceeds received on hurricanes damage" } } }, "localname": "UnusualOrInfrequentItemInsuranceProceeds", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosurePropertyAndEquipmentAdditionalInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnusualOrInfrequentItemLossGross": { "auth_ref": [ "r79" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, before deduction of insurance proceeds, of loss recognized in the income statement for an event or transaction that is unusual in nature or infrequent in occurrence, or both.", "label": "Unusual Or Infrequent Item Loss Gross", "terseLabel": "Total loss recognized, representing losses up to the amount of deductibles and additional amounts not expected to be recovered from insurance" } } }, "localname": "UnusualOrInfrequentItemLossGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UseOfEstimates": { "auth_ref": [ "r124", "r125", "r126", "r127", "r128", "r129", "r130" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.", "label": "Use Of Estimates", "terseLabel": "Use of Estimates" } } }, "localname": "UseOfEstimates", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureBasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis": { "auth_ref": [ "r251", "r252", "r254" ], "lang": { "en-US": { "role": { "documentation": "Information by category of Variable Interest Entity (VIE).", "label": "Variable Interest Entities By Classification Of Entity [Axis]", "terseLabel": "Consolidated VIEs [Member]" } } }, "localname": "VariableInterestEntitiesByClassificationOfEntityAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail" ], "xbrltype": "stringItemType" }, "us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets": { "auth_ref": [ "r250" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The carrying amount of the consolidated Variable Interest Entity's assets included in the reporting entity's statement of financial position.", "label": "Variable Interest Entity Consolidated Carrying Amount Assets", "terseLabel": "Variable interest entities - assets" } } }, "localname": "VariableInterestEntityConsolidatedCarryingAmountAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "monetaryItemType" }, "us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities": { "auth_ref": [ "r250" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The carrying amount of the consolidated Variable Interest Entity's liabilities included in the reporting entity's statement of financial position.", "label": "Variable Interest Entity Consolidated Carrying Amount Liabilities", "terseLabel": "Variable interest entities - liabilities" } } }, "localname": "VariableInterestEntityConsolidatedCarryingAmountLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "monetaryItemType" }, "us-gaap_VariableInterestEntityLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Variable Interest Entity [Line Items]", "terseLabel": "Variable Interest Entity [Line Items]" } } }, "localname": "VariableInterestEntityLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail" ], "xbrltype": "stringItemType" }, "us-gaap_VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember": { "auth_ref": [ "r255" ], "lang": { "en-US": { "role": { "documentation": "Disclosures of similar consolidated Variable Interest Entities (VIE),in aggregate, including how similar entities are aggregated, if separate reporting would not provide more useful information.", "label": "Variable Interest Entity Primary Beneficiary Aggregated Disclosure [Member]", "terseLabel": "Consolidated VIEs [Member]" } } }, "localname": "VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureConsolidatedVariableInterestEntitiesViesAndInvestmentsInAffiliatesScheduleOfAssetsAndLiabilitiesIncludedInConsolidatedBalanceSheetsDetail" ], "xbrltype": "domainItemType" }, "us-gaap_VariableLeaseCost": { "auth_ref": [ "r299", "r306" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of variable lease cost, excluded from lease liability, recognized when obligation for payment is incurred for finance and operating leases.", "label": "Variable Lease Cost", "terseLabel": "Variable lease expense" } } }, "localname": "VariableLeaseCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureLeasesScheduleOfRentExpenseAndSupplementalCashFlowAndNonCashInformationDetail" ], "xbrltype": "monetaryItemType" }, "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding": { "auth_ref": [ "r113", "r119" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail": { "order": null, "parentTag": null, "root": true, "weight": null } }, "lang": { "en-US": { "role": { "documentation": "The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.", "label": "Weighted Average Number Of Diluted Shares Outstanding", "totalLabel": "Weighted average shares outstanding \u2013 diluted", "verboseLabel": "Weighted average shares outstanding - Diluted" } } }, "localname": "WeightedAverageNumberOfDilutedSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "sharesItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Weighted Average Number Of Shares Outstanding [Abstract]", "terseLabel": "Denominator:" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail" ], "xbrltype": "stringItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingBasic": { "auth_ref": [ "r112", "r119" ], "calculation": { "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail": { "order": 10010.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.", "label": "Weighted Average Number Of Shares Outstanding Basic", "terseLabel": "Weighted average shares outstanding \u2013 basic", "verboseLabel": "Weighted average shares outstanding - Basic" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingBasic", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.hiltonworldwide.com/20190930/taxonomy/role/DisclosureEarningsPerShareDetail", "http://www.hiltonworldwide.com/20190930/taxonomy/role/StatementCondensedConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "sharesItemType" } }, "unitCount": 10 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "5C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4332-108586" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790" }, "r103": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(h))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(e),(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04.(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690" }, "r107": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "235", "URI": "http://asc.fasb.org/topic&trid=2122369" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "5D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794" }, "r111": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1448-109256" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1505-109256" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "28A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1500-109256" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "68B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=SL5498026-109256" }, "r118": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "52", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258" }, "r123": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "260", "URI": "http://asc.fasb.org/topic&trid=2144383" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6161-108592" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6191-108592" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6061-108592" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6132-108592" }, "r13": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/subtopic&trid=2122178" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6143-108592" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8615-108599" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8654-108599" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8657-108599" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8660-108599" }, "r135": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8663-108599" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8672-108599" }, "r137": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r138": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r14": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "205", "URI": "http://asc.fasb.org/topic&trid=2122149" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r141": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "31", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599" }, "r144": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599" }, "r145": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "41", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599" }, "r147": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "280", "URI": "http://asc.fasb.org/topic&trid=2134510" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=118936363&loc=d3e5074-111524" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 4.E)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707" }, "r15": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6676-107765" }, "r150": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=109237563&loc=d3e33749-111570" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(b)", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955202&loc=SL82895884-210446" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(f)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=99380562&loc=d3e13770-109266" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=77989000&loc=SL49117168-202975" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267" }, "r16": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6812-107765" }, "r160": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=6388964&loc=d3e16212-109274" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "((a)(1),(b))", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r162": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226348&loc=d3e2443-110228" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r167": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6812-107765" }, "r170": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230" }, "r171": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "360", "URI": "http://asc.fasb.org/topic&trid=2155823" }, "r172": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.P.4(d))", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747" }, "r174": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "440", "URI": "http://asc.fasb.org/topic&trid=2144648" }, "r175": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14326-108349" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14435-108349" }, "r177": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "450", "URI": "http://asc.fasb.org/topic&trid=2127136" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=SL6230698-112601" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6935-107765" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870" }, "r181": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870" }, "r182": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "470", "URI": "http://asc.fasb.org/topic&trid=2208564" }, "r183": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644" }, "r184": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644" }, "r186": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644" }, "r188": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118956577&loc=SL49130543-203045" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(13))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r190": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118956577&loc=SL49130549-203045" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118944142&loc=SL49130690-203046-203046" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118944142&loc=SL49130690-203046-203046" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "35", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116855982&loc=d3e4534-113899" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(14))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(g)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iv)(3)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r204": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(i)-(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(3)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(17))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(iii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(1)(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 14.D.2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 14.F)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=118258462&loc=d3e11149-113907" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=118258462&loc=d3e11178-113907" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r220": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "718", "URI": "http://asc.fasb.org/topic&trid=2228938" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319" }, "r222": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 6.I.7)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=109238882&loc=d3e38679-109324" }, "r226": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "740", "URI": "http://asc.fasb.org/topic&trid=2144680" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "23", "Publisher": "FASB", "Section": "25", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116868678&loc=d3e1043-128460" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(2)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r229": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(3)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(25))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "30", "SubTopic": "30", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116859721&loc=d3e6578-128477" }, "r235": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "30", "SubTopic": "30", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116859721&loc=d3e6613-128477" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(1)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(4)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479" }, "r239": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "805", "URI": "http://asc.fasb.org/topic&trid=2303972" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(26)(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683" }, "r241": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4568740-111683" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4613674-111683" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=d3e5614-111684" }, "r246": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c),(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(26)(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5710-111685" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5710-111685" }, "r252": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5728-111685" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=SL6759159-111685" }, "r254": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5747-111685" }, "r255": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=SL6228884-111685" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=SL6228884-111685" }, "r257": { "Name": "Accounting Standards Codification", "Paragraph": "4I", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116874947&loc=SL4590271-111686" }, "r258": { "Name": "Accounting Standards Codification", "Paragraph": "4J", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116874947&loc=SL4591551-111686" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "4K", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116874947&loc=SL4591552-111686" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3A-02)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116822174&loc=d3e355033-122828" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3A-03)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116822174&loc=d3e355100-122828" }, "r262": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "810", "URI": "http://asc.fasb.org/topic&trid=2197479" }, "r263": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959" }, "r265": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(c)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624177-113959" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "182", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=116861445&loc=SL5629052-113961" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r270": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "815", "URI": "http://asc.fasb.org/topic&trid=2229140" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r272": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bbb)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "6A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=SL6742756-110258" }, "r275": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "820", "URI": "http://asc.fasb.org/topic&trid=2155941" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=116690757&loc=d3e13220-108610" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611" }, "r278": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611" }, "r279": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13476-108611" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=109240200&loc=d3e30690-110894" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=109240200&loc=d3e30700-110894" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=6450222&loc=d3e30840-110895" }, "r283": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(b,c)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r285": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399" }, "r288": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28555-108399" }, "r289": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r290": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=68176171&loc=SL68176184-208336" }, "r291": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902458&loc=d3e39896-112707" }, "r292": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737" }, "r293": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119364159&loc=SL77916155-209984" }, "r294": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888369&loc=SL77918431-209957" }, "r295": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888419&loc=SL77918627-209977" }, "r296": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888419&loc=SL77918627-209977" }, "r297": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888419&loc=SL77918643-209977" }, "r298": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r299": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r300": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(1)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r301": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(2)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r302": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(3)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r303": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(4)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r304": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r305": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980" }, "r306": { "Name": "Accounting Standards Codification", "Paragraph": "53", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888399&loc=SL77918982-209971" }, "r307": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r308": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "855", "URI": "http://asc.fasb.org/topic&trid=2122774" }, "r309": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r310": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r311": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=SL51823488-111719" }, "r312": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "940", "URI": "http://asc.fasb.org/extlink&oid=68072869&loc=d3e41242-110953" }, "r313": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(1)(a))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r314": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(10))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r315": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r316": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(15)(2))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r317": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r318": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(17))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r319": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(31))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r320": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r321": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.10)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r322": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.13,16)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r323": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15(1),(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r324": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r325": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r326": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.17)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r327": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(13)(f))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r328": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(15))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r329": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r330": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r331": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04.9)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r332": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "405", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817" }, "r333": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "470", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823" }, "r334": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(15)(b)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r335": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r336": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(5))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r337": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(10))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r338": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r339": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.1)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r340": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(19))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r341": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r342": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r343": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(24))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r344": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r345": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(8))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r346": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),19)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r347": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.10)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r348": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.15(a))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r349": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.15)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.12)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r350": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.16)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r351": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(10))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r352": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r353": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(19))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r354": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(8))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r355": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04.7)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r356": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437" }, "r357": { "Name": "Accounting Standards Codification", "Paragraph": "4H", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884468&loc=SL65671331-158438" }, "r358": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(a)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419784&loc=SL117783719-158441" }, "r359": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419784&loc=SL117783719-158441" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.13)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r360": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12(2)(i))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611133-123010" }, "r361": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12C(1)(a))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611225-123010" }, "r362": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-13(1))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611282-123010" }, "r363": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-15(Column A))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611379-123010" }, "r364": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "310", "Subparagraph": "(SX 210.12-29(Footnote 4))", "Topic": "948", "URI": "http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014" }, "r365": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Footnote 2))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r366": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28)", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r367": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r368": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r369": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-13" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.14)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r370": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1-" }, "r371": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r372": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(b),22(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.20)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(2))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.25)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e640-108580" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e681-108580" }, "r55": { "Name": "Accounting Standards Codification", "Paragraph": "14A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "17B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL34724394-108580" }, "r57": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e557-108580" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118951672&loc=d3e1436-108581" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(210.5-03(11))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(10))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(12))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(21))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(b)(7)(c))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r7": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(b)(9)(a))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r72": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.2(a),(d))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r73": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.2)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.3)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r75": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.4)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.4,6)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r77": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.7(b))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.9)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=114868883&loc=SL114871943-224233" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=114868897&loc=SL114872001-224240" }, "r81": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r83": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3213-108585" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3213-108585" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3255-108585" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3000-108585" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760" }, "r90": { "Name": "Accounting Standards Codification", "Paragraph": "21B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=SL94080549-108585" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "21D", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=SL94080555-108585" }, "r92": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3521-108585" }, "r93": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r95": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3044-108585" }, "r98": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4304-108586" }, "r99": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4313-108586" } }, "version": "2.1" } XML 34 R64.htm IDEA: XBRL DOCUMENT v3.19.3
Business Segment Information - Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Segment Reporting Asset Reconciling Item [Line Items]    
Total assets $ 11,620 $ 9,363
Consolidated Hotels [Member]    
Segment Reporting Asset Reconciling Item [Line Items]    
Total assets 11,551 9,305
All other [Member]    
Segment Reporting Asset Reconciling Item [Line Items]    
Total assets $ 69 $ 58
XML 35 R60.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Parenthetical) (Detail)
 9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Weighted average expected volatility 20.50%
XML 36 R56.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation - Additional Information (Detail) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Common stock, authorized shares 6,000,000,000   6,000,000,000   6,000,000,000
2017 Employee Plan [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Shares of common stock reserved for future issuance 5,496,016   5,496,016    
Compensation expense $ 4,000,000 $ 4,000,000 $ 12,000,000 $ 12,000,000  
Unrecognized compensation costs related to unvested awards $ 20,000,000   $ 20,000,000    
Unrecognized compensation costs related to unvested awards, weighted-average period     1 year 4 months 24 days    
2017 Employee Plan [Member] | Maximum [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Common stock, authorized shares 8,000,000   8,000,000    
2017 Director Plan [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Shares of common stock reserved for future issuance 297,344   297,344    
2017 Director Plan [Member] | Maximum [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Common stock, authorized shares 450,000   450,000    
Performance Stock Units ("PSUs") [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Share-based compensation arrangement by share-based payment award performance period     3 years    
Market capitalization $ 1,000,000,000   $ 1,000,000,000    
Vesting rights     zero to 200%    
Performance Stock Units ("PSUs") [Member] | Maximum [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Vesting rights     200%    
Performance Stock Units ("PSUs") [Member] | Minimum [Member]          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Vesting rights     0%    
XML 37 R52.htm IDEA: XBRL DOCUMENT v3.19.3
Leases - Additional Information (Details)
 9 Months Ended
Sep. 30, 2019
Property
Leases [Abstract]  
Number of properties with ground leases acquired as part of the merger 3
Number of consolidated properties under ground leases 16
Leases ending expiration date 2083
Date majority of leases expire 2034
Weighted average remaining operating lease term 25 years 8 months 12 days
Weighted average discount rate used to determine operating lease liabilities 5.40%
XML 38 R14.htm IDEA: XBRL DOCUMENT v3.19.3
Debt
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Debt

Note 6: Debt

Debt balances and associated interest rates as of September 30, 2019 were:

 

 

 

 

 

 

 

Principal balance as of

 

 

 

Interest Rate

at September 30, 2019

 

Maturity Date

 

September 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

(in millions)

 

SF CMBS Loan

 

4.11%

 

November 2023

 

$

725

 

 

$

725

 

HHV CMBS Loan

 

4.20%

 

November 2026

 

 

1,275

 

 

 

1,275

 

Mortgage loans(1)

 

Average rate of

4.28%

 

2020 to 2026(3)

 

 

517

 

 

 

207

 

2016 Term Loan(2)

 

L + 1.45%

 

December 2021

 

 

750

 

 

 

750

 

2019 Term Facility

 

L + 1.40%

 

September 2024

 

 

850

 

 

 

—

 

Revolving credit facility(4)

 

L + 1.50%

 

December 2021(3)

 

 

—

 

 

 

—

 

Financing lease obligations

 

3.07%

 

2021 to 2022

 

 

1

 

 

 

1

 

 

 

 

 

 

 

 

4,118

 

 

 

2,958

 

Add: unamortized premium

 

 

 

 

 

 

3

 

 

 

—

 

Less: unamortized deferred financing costs and

   discount

 

 

 

 

 

 

(21

)

 

 

(10

)

 

 

 

 

 

 

$

4,100

 

 

$

2,948

 

 

(1)

Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis.

(2)

The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021.

(3)

Assumes the exercise of all extensions that are exercisable solely at our option.

(4)

$1 billion available.

 

New Term Facility

In advance of the Merger, in August 2019, the Company, our Operating Company and Domestic entered into a delayed draw term loan agreement (the “2019 Term Facility”) with Bank of America, N.A. as administrative agent, and certain other financial institutions party thereto as lenders. The 2019 Term Facility provided for $950 million unsecured delayed draw term loan commitments to fund the Merger. The 2019 Term Facility included a $100 million two-year delayed draw term loan tranche, which was unfunded and the commitments thereunder terminated on September 18, 2019, and a $850 million five-year delayed draw term loan tranche, which has a scheduled maturity date of August 2024. On September 18, 2019, the five-year tranche was fully drawn to fund the Merger. The 2019 Term Facility agreement includes the option to increase the size of the 2019 Term Facility and enter into additional incremental term loan credit facilities, subject to certain limitations and obtaining additional commitments, in an aggregate amount not to exceed $400 million for all such increases.

Borrowings from the 2019 Term Facility bear interest at variable rates at our option, based upon either a base rate or LIBOR rate, plus an applicable margin based on our leverage ratio. Beginning in August 2019, we accrued an unused commitment fee equal to 0.25% per annum of the undrawn portion of the 2019 Term Facility, which was paid on September 18, 2019 when the 2019 Term Facility was fully drawn. Additionally, we incurred upfront financing fees of $9 million associated with the 2019 Term Facility, of which $1 million was expensed in connection with the terminated commitments.

The 2019 Term Facility agreement contains certain financial covenants relating to our maximum leverage ratio, minimum fixed charge coverage ratio, maximum secured leverage ratio, maximum unsecured indebtedness to unencumbered asset value and minimum unencumbered adjusted net operating income to unsecured interest coverage. If an event of default exists, we generally are not permitted to make distributions to stockholders, other than those required to qualify for and maintain REIT status and certain other limited exceptions.

In connection with the Merger, we assumed Chesapeake’s interest rate swap, which is designated as a cash flow hedge, to hedge the interest rate risk on a portion of the 2019 Term Facility.  The interest rate swap requires us to pay fixed interest of 1.86% per annum maturing on April 21, 2022 on a notional amount of $225 million, in exchange for floating rate interest equal to one-month LIBOR.

CMBS and Mortgage Loans

We are required to deposit with lenders certain cash reserves for restricted uses. As of September 30, 2019 and December 31, 2018, our condensed consolidated balance sheets included $18 million and $15 million of restricted cash, respectively, related to our CMBS loans and mortgage loans.

Debt Maturities

The contractual maturities of our debt, assuming the exercise of all extensions that are exercisable solely at our option, as of September 30, 2019 were:

 

Year

 

(in millions)

 

2019

 

$

2

 

2020

 

 

20

 

2021

 

 

759

 

2022

 

 

97

 

2023

 

 

827

 

Thereafter(1)

 

 

2,413

 

 

 

$

4,118

 

 

(1)

Assumes the exercise of all extensions that are exercisable solely at our option.
XML 39 R10.htm IDEA: XBRL DOCUMENT v3.19.3
Basis of Presentation and Summary of Significant Accounting Policies
 9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Basis of Presentation and Summary of Significant Accounting Policies

 

Note 2: Basis of Presentation and Summary of Significant Accounting Policies

Basis of Presentation

Principles of Consolidation

The unaudited condensed consolidated financial statements reflect our financial position, results of operations and cash flows, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP. In our opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring items, considered necessary for a fair presentation of the interim periods. All significant intercompany transactions and balances within the financial statements have been eliminated.

These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our Annual Report on Form 10-K, filed with the SEC on February 28, 2019.

 

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Interim results are not necessarily indicative of full year performance.

 

Reclassifications

Certain line items on the condensed consolidated statements of comprehensive income for the nine months ended September 30, 2018 have been reclassified to conform to the current period presentation.

Summary of Significant Accounting Policies

Our Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on February 28, 2019, contains a discussion of the significant accounting policies. There have been no significant changes to our significant accounting policies since December 31, 2018, except for the change in lease accounting, referred to under “Recently Issued Accounting Pronouncements.”

Recently Issued Accounting Pronouncements

Adopted Accounting Standards

In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-02 (“ASU 2016-02”), Leases (Topic 842), which supersedes existing lease accounting guidance in Leases (Topic 840) and generally requires all leases to be recognized on the statement of financial position. We adopted this ASU on January 1, 2019 using the optional transition method, which allows entities to initially apply the ASU at the adoption date without revising comparable periods. We consider an arrangement to contain a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for compensation. We elected certain practical expedients that allowed us to utilize historical lease classifications and elected an accounting policy to continue accounting for leases with an initial term of 12 months and less using existing guidance for operating leases. We did not elect the practical expedient that allows us to use hindsight to reassess our probability of exercising renewal options; however, we did include any renewal options controlled by the lessor. On a prospective basis, lease terms will include both renewal options that we are reasonably certain to exercise as well as renewal options controlled by the lessor. Upon adoption, we recognized an operating lease right-of-use asset of $213 million representing the right to use land, buildings, and equipment over lease terms which include renewal options we have exercised, and renewal options controlled by the lessor, and a corresponding operating lease liability of $213 million representing the present value of our fixed lease payment obligations. We also recognized an $8 million impairment of the operating lease right-of-use asset associated with one of our previously impaired hotels as a cumulative effect of change in accounting principle within retained earnings. In addition, we reclassified $25 million of below market lease intangibles from intangibles, net and $8 million of deferred rent liabilities from other liabilities on our condensed consolidated balance sheet to the operating lease right-of-use asset. The discount rate used to calculate the operating lease right-of-use asset and operating lease liability was based on our estimated incremental borrowing rate at our adoption date of January 1, 2019.

In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40), which adds recognition, measurement, and disclosure guidance on implementation costs of cloud computing arrangements. Implementation costs incurred by customers in cloud computing arrangements are deferred if they would be capitalized by customers in software license arrangements under the existing internal-use software guidance. We elected to early adopt this ASU as of January 1, 2019 on a prospective basis and there was no effect on our consolidated financial statements.

 

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which will replace the existing “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For trade and other receivables, loans and other instruments, the forward looking “expected loss” model will generally result in the earlier recognition of allowances for losses. In November 2018, the FASB issued ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”, which clarifies that operating lease receivables accounted for under ASC 842 are not in the scope of ASU No. 2016-13. Both ASUs are effective January 1, 2020 and require new disclosures. Both ASUs require a modified retrospective approach. We are currently evaluating the effect that these ASUs will have on our consolidated financial statements.
XML 40 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Total revenues $ 672 $ 652 $ 2,034 $ 2,051
Operating expenses        
Other property-level 54 54 152 157
Management fees 32 32 101 103
Casualty loss (gain) and impairment loss, net 8 (1) 8 (1)
Depreciation and amortization 61 69 184 208
Corporate general and administrative 14 16 47 47
Acquisition costs 59   65  
Other 23 19 61 54
Total expenses 635 570 1,776 1,742
Gain on sales of assets, net 1 2 20 98
Operating income 38 84 278 407
Interest income 2 2 5 4
Interest expense (33) (32) (98) (94)
Equity in earnings from investments in affiliates 3 4 18 16
Loss on foreign currency transactions (2) (1) (2) (4)
Other gain (loss), net 1 (2) 1 106
Income before income taxes 9 55 202 435
Income tax expense     (12) (13)
Net income 9 55 190 422
Net income attributable to noncontrolling interests (4) (3) (7) (4)
Net income attributable to stockholders 5 52 183 418
Other comprehensive (loss) income, net of tax expense:        
Currency translation adjustment, net of tax expense of $0, $1, $0, $2 (3) (1) (2) 36
Total other comprehensive (loss) income (3) (1) (2) 36
Comprehensive income 6 54 188 458
Comprehensive income attributable to noncontrolling interests (4) (3) (7) (4)
Comprehensive income attributable to stockholders $ 2 $ 51 $ 181 $ 454
Earnings per share:        
Earnings per share - Basic [1] $ 0.02 $ 0.26 $ 0.90 $ 2.04
Earnings per share - Diluted [1] $ 0.02 $ 0.26 $ 0.90 $ 2.04
Weighted average shares outstanding - Basic 206 200 203 204
Weighted average shares outstanding - Diluted 207 201 204 205
Rooms [Member]        
Revenues        
Total revenues $ 431 $ 429 $ 1,271 $ 1,298
Operating expenses        
Expenses 114 113 334 337
Food and Beverage [Member]        
Revenues        
Total revenues 156 144 534 532
Operating expenses        
Expenses 117 111 371 368
Ancillary Hotel [Member]        
Revenues        
Total revenues 63 60 170 168
Other [Member]        
Revenues        
Total revenues 22 19 59 53
Other Departmental and Support [Member]        
Operating expenses        
Expenses $ 153 $ 157 $ 453 $ 469
[1] Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.
XML 41 R18.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation
 9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Share-Based Compensation

Note 10: Share-Based Compensation

We issue equity-based awards to our employees pursuant to the 2017 Omnibus Incentive Plan (“2017 Employee Plan”) and our non-employee directors pursuant to the 2017 Stock Plan for Non-Employee Directors (“2017 Director Plan”). The 2017 Employee Plan provides that a maximum of 8,000,000 shares of our common stock may be issued, and as of September 30, 2019, 5,496,016 shares of common stock remain available for future issuance. The 2017 Director Plan provides that a maximum of 450,000 shares of our common stock may be issued, and as of September 30, 2019, 297,344 shares of common stock remain available for future issuance. For both the three months ended September 30, 2019 and 2018, we recognized $4 million of share-based compensation expense, and $12 million for both the nine months ended September 30, 2019 and 2018. As of September 30, 2019, unrecognized compensation expense was $20 million, which is expected to be recognized over a weighted-average period of 1.4 years.

 

Restricted Stock Awards

Restricted Stock Awards (“RSAs”) generally vest in annual installments between one and three years from each grant date. The following table provides a summary of RSAs for the nine months ended September 30, 2019:

 

 

 

Number of Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at January 1, 2019

 

 

585,106

 

 

$

26.89

 

Granted

 

 

298,329

 

 

 

31.31

 

Vested

 

 

(308,094

)

 

 

27.00

 

Forfeited

 

 

(12,615

)

 

 

29.96

 

Unvested at September 30, 2019

 

 

562,726

 

 

$

29.10

 

 

Performance Stock Units

Performance Stock Units (“PSUs”) generally vest at the end of a three-year performance period and are subject to the achievement of a market condition based on a measure of our total shareholder return relative to the total shareholder return of the companies that comprise the FTSE Nareit Lodging Resorts Index (that have a market capitalization in excess of $1 billion as of the first day of the applicable performance period). The number of PSUs that may become vested ranges from zero to 200% of the number of PSUs granted to an employee, based on the level of achievement of the foregoing performance measure. The following table provides a summary of PSUs for the nine months ended September 30, 2019:

 

 

 

Number of Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at January 1, 2019

 

 

537,936

 

 

$

31.16

 

Granted

 

 

314,858

 

 

 

34.28

 

Vested

 

 

(277,325

)

 

 

31.25

 

Forfeited

 

 

(672

)

 

 

42.05

 

Unvested at September 30, 2019

 

 

574,797

 

 

$

32.82

 

 

 

The grant date fair values of these awards were determined using a Monte Carlo simulation valuation model with the following assumptions:

 

Expected volatility(1)

 

19.5% - 21.5%

 

Dividend yield(2)

 

 

—

 

Risk-free rate

 

1.8% - 2.4%

 

Expected term

 

3 years

 

 

(1)

Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%.

(2)

Dividends are assumed to be reinvested in shares of our common stock and dividends will not be paid unless shares vest.
XML 42 R8.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) - $ / shares
 3 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Statement Of Stockholders Equity [Abstract]            
Dividends declared per common share $ 0.45 $ 0.45 $ 0.45 $ 0.43 $ 0.43 $ 0.43
Special cash dividends declared per common share         $ 0.45  
XML 43 R33.htm IDEA: XBRL DOCUMENT v3.19.3
Organization - Additional Information (Details) - $ / shares
Sep. 30, 2019
May 05, 2019
Jan. 03, 2017
Park Intermediate Holdings LLC [Member]      
Organization [Line Items]      
Percentage of ownership interest     100.00%
Chesapeake Lodging Trust [Member]      
Organization [Line Items]      
Business acquisition,par value per common share $ 25.88 $ 0.01  
Business acquisition, cash consideration transferred, per share   $ 11.00  
Business acquisition, consideration transferred number of shares per share   0.628  
Fractional shares of common stock to be issued in merger agreement   0  
XML 44 R37.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions - Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed (Detail) - Chesapeake Lodging Trust [Member]
$ in Millions
Sep. 30, 2019
USD ($)
Business Acquisition [Line Items]  
Investment in hotel properties, net $ 2,220
Intangibles, net 45
Cash and cash equivalents 62
Restricted cash 38
Accounts receivable, net 26
Prepaid expenses 9
Other assets 2
Operating lease right-of-use asset 65
Debt (311)
Accounts payable and accrued expenses (46)
Due to hotel managers (15)
Other liabilities (16)
Operating lease liability (88)
Total consideration $ 1,991
XML 45 R28.htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Measurements and Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values The fair value of our debt and the hierarchy level we used to estimate fair values are shown below:

 

 

 

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Hierarchy

Level

 

 

Carrying

Amount

 

 

Fair Value

 

 

Carrying

Amount

 

 

Fair Value

 

 

 

 

 

 

 

(in millions)

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SF CMBS Loan

 

 

3

 

 

$

725

 

 

$

743

 

 

$

725

 

 

$

706

 

HHV CMBS Loan

 

 

3

 

 

 

1,275

 

 

 

1,330

 

 

 

1,275

 

 

 

1,214

 

2016 Term Loan

 

 

3

 

 

 

750

 

 

 

750

 

 

 

750

 

 

 

732

 

2019 Term Facility

 

 

3

 

 

 

850

 

 

 

850

 

 

 

—

 

 

 

—

 

Mortgage loans

 

 

3

 

 

 

517

 

 

 

522

 

 

 

207

 

 

 

201

 

 
XML 46 R24.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions (Tables)
 9 Months Ended
Sep. 30, 2019
Business Combinations [Abstract]  
Summary of Hotel Portfolio Properties Acquired

As a result of the Merger, we acquired a 100% ownership interest in the following 18 hotels:

 

Hotel

 

Location

 

Rooms

 

Hilton Denver City Center

 

Denver, CO

 

 

613

 

W Chicago – Lakeshore

 

Chicago, IL

 

 

520

 

Hyatt Regency Boston

 

Boston, MA

 

 

502

 

Hyatt Regency Mission Bay Spa and Marina

 

San Diego, CA

 

 

438

 

Boston Marriott Newton

 

Newton, MA

 

 

430

 

Le Meridien New Orleans

 

New Orleans, LA

 

 

410

 

W Chicago – City Center

 

Chicago, IL

 

 

403

 

Royal Palm South Beach Miami, a Tribute Portfolio Resort

 

Miami Beach, FL

 

 

393

 

Le Meridien San Francisco

 

San Francisco, CA

 

 

360

 

JW Marriott San Francisco Union Square

 

San Francisco, CA

 

 

344

 

Hyatt Centric Fisherman’s Wharf

 

San Francisco, CA

 

 

316

 

Hotel Indigo San Diego Gaslamp Quarter

 

San Diego, CA

 

 

210

 

Courtyard Washington Capitol Hill/Navy Yard

 

Washington, DC

 

 

204

 

Homewood Suites by Hilton Seattle Convention Center Pike Street

 

Seattle, WA

 

 

195

 

Hilton Checkers Los Angeles

 

Los Angeles, CA

 

 

193

 

Ace Hotel Downtown Los Angeles

 

Los Angeles, CA

 

 

182

 

Hotel Adagio, Autograph Collection

 

San Francisco, CA

 

 

171

 

W New Orleans – French Quarter

 

New Orleans, LA

 

 

97

 

 

 

 

 

 

5,981

 
Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed

 

We preliminarily allocated the purchase price consisting of common stock issued of $978 million and cash of $1,013 million as follows:

 

 

 

(in millions)

 

Investment in hotel properties, net

 

$

2,220

 

Intangibles, net

 

 

45

 

Cash and cash equivalents

 

 

62

 

Restricted cash

 

 

38

 

Accounts receivable, net

 

 

26

 

Prepaid expenses

 

 

9

 

Other assets

 

 

2

 

Operating lease right-of-use asset

 

 

65

 

Debt

 

 

(311

)

Accounts payable and accrued expenses

 

 

(46

)

Due to hotel managers

 

 

(15

)

Other liabilities

 

 

(16

)

Operating lease liability

 

 

(88

)

Total consideration

 

$

1,991

 
Schedule of Unaudited Condensed Pro-forma Financial Information The unaudited condensed pro-forma financial information is as follows:

 

 

 

For the three months ended September 30,

 

 

For the nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(unaudited)

 

(in millions)

 

 

(in millions)

 

Total revenues

 

$

797

 

 

$

800

 

 

$

2,440

 

 

$

2,477

 

Operating income

 

 

63

 

 

 

112

 

 

 

350

 

 

 

483

 

Net income

 

 

23

 

 

 

70

 

 

 

227

 

 

 

460

 

 
Summary of Hotel Portfolio Properties Sold

Hotel

 

Location

 

Month Sold

Pointe Hilton Squaw Peak Resort

 

Phoenix, Arizona

 

February 2019

Hilton Nuremberg

 

Nuremberg, Germany

 

March 2019

Hilton Atlanta Airport

 

Atlanta, Georgia

 

June 2019

Hilton New Orleans Airport(1)

 

New Orleans, Louisiana

 

June 2019

Embassy Suites Parsippany(1)

 

Parsippany, New Jersey

 

June 2019

 

 

(1)

Hotels were sold as a portfolio in the same transaction.
XML 47 R20.htm IDEA: XBRL DOCUMENT v3.19.3
Business Segment Information
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Business Segment Information

Note 12: Business Segment Information

As of September 30, 2019, we have two operating segments, our consolidated hotels and unconsolidated hotels. Our unconsolidated hotels operating segment does not meet the definition of a reportable segment, thus our consolidated hotels is our only reportable segment. We evaluate our consolidated hotels primarily based on hotel adjusted earnings before interest expense, taxes and depreciation and amortization (“EBITDA”). Hotel Adjusted EBITDA is calculated as EBITDA from hotel operations, adjusted to exclude:

 

•

Gains or losses on sales of assets for both consolidated and unconsolidated investments;

 

•

Gains or losses on foreign currency transactions;

 

•

Share-based compensation expense;

 

•

Non-cash impairment losses; and

 

•

Other items that we believe are not representative of our current or future operating performance.

The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and Hotel Adjusted EBITDA to net income:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total consolidated hotel revenue

 

$

650

 

 

$

633

 

 

$

1,975

 

 

$

1,998

 

Other revenues

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Total revenues

 

$

672

 

 

$

652

 

 

$

2,034

 

 

$

2,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hotel Adjusted EBITDA

 

$

183

 

 

$

171

 

 

$

573

 

 

$

573

 

Other revenues

 

 

22

 

 

 

19

 

 

 

59

 

 

 

53

 

Casualty (loss) gain and impairment loss, net

 

 

(8

)

 

 

1

 

 

 

(8

)

 

 

1

 

Depreciation and amortization expense

 

 

(61

)

 

 

(69

)

 

 

(184

)

 

 

(208

)

Corporate general and administrative expense

 

 

(14

)

 

 

(16

)

 

 

(47

)

 

 

(47

)

Acquisition costs

 

 

(59

)

 

 

—

 

 

 

(65

)

 

 

—

 

Other operating expenses

 

 

(23

)

 

 

(19

)

 

 

(61

)

 

 

(54

)

Gain on sales of assets, net

 

 

1

 

 

 

2

 

 

 

20

 

 

 

98

 

Interest income

 

 

2

 

 

 

2

 

 

 

5

 

 

 

4

 

Interest expense

 

 

(33

)

 

 

(32

)

 

 

(98

)

 

 

(94

)

Equity in earnings from investments in affiliates

 

 

3

 

 

 

4

 

 

 

18

 

 

 

16

 

Loss on foreign currency transactions

 

 

(2

)

 

 

(1

)

 

 

(2

)

 

 

(4

)

Income tax expense

 

 

—

 

 

 

—

 

 

 

(12

)

 

 

(13

)

Other gain (loss), net

 

 

1

 

 

 

(2

)

 

 

1

 

 

 

106

 

Other items

 

 

(3

)

 

 

(5

)

 

 

(9

)

 

 

(9

)

Net income

 

$

9

 

 

$

55

 

 

$

190

 

 

$

422

 

 

The following table presents total assets for our consolidated hotels, reconciled to consolidated amounts:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Consolidated hotels

 

$

11,551

 

 

$

9,305

 

All other

 

 

69

 

 

 

58

 

Total

 

$

11,620

 

 

$

9,363

 

 
XML 49 R66.htm IDEA: XBRL DOCUMENT v3.19.3
Subsequent Events - Additional Information (Details) - Subsequent Event [Member]
$ in Millions
Nov. 01, 2019
USD ($)
Ace Hotel Downtown Los Angeles [Member]  
Subsequent Event [Line Items]  
Gross sales price $ 117
Hilton Sao Paulo Morumbi [Member]  
Subsequent Event [Line Items]  
Gross sales price $ 125
XML 50 R62.htm IDEA: XBRL DOCUMENT v3.19.3
Business Segment Information - Hotel Properties by Segment (Detail)
 9 Months Ended
Sep. 30, 2019
Segment
Segment Reporting [Abstract]  
Number of operating business segments 2
Number of reportable segment 1
XML 51 R41.htm IDEA: XBRL DOCUMENT v3.19.3
Property and Equipment - Additional Information (Detail) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Property, Plant and Equipment [Line Items]          
Depreciation $ 60 $ 66 $ 182 $ 205  
Casualty (gain) loss and impairment loss, net 8 $ (1) 8 (1)  
Hurricanes Irma and Maria [Member]          
Property, Plant and Equipment [Line Items]          
Insurance receivable for property damage     12    
Reimbursements expense     3 6  
Insurance recovery amount recognized on hurricanes damage     23    
Casualty (gain) loss and impairment loss, net     7    
Expenses on property and equipment from hurricane damage       32  
Loss on property and equipment from hurricane damage       22  
Additional insurance receivable recognized for property and equipment damaged from hurricanes       54  
Insurance proceeds received on hurricanes damage       108  
Hurricanes Irma and Maria [Member] | Other Assets [Member]          
Property, Plant and Equipment [Line Items]          
Insurance settlements receivable on hurricanes damage $ 5   5   $ 25
Hurricanes Irma and Maria [Member] | Ancillary Hotel [Member]          
Property, Plant and Equipment [Line Items]          
Business interruption insurance recovery     $ 8 $ 15  
XML 52 R45.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Parenthetical) (Detail) - USD ($)
$ in Millions
 1 Months Ended 9 Months Ended
Jul. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Schedule Of Equity Method Investments [Line Items]      
Investments in affiliates   $ 52 $ 50
Conrad Dublin [Member]      
Schedule Of Equity Method Investments [Line Items]      
Gross sales price $ 127    
Pro-rata share, gross sales price $ 61    
Pro-rata share, debt   9  
Investments in affiliates   $ 7 $ 7
XML 53 R49.htm IDEA: XBRL DOCUMENT v3.19.3
Debt - Debt Maturities, Assuming the Exercise of all Extensions that are Exercisable Solely at our Option (Detail)
$ in Millions
Sep. 30, 2019
USD ($)
Debt Disclosure [Abstract]  
2019 $ 2
2020 20
2021 759
2022 97
2023 827
Thereafter(1) 2,413 [1]
Debt and capital lease obligations, gross $ 4,118
[1] Assumes the exercise of all extensions that are exercisable solely at our option.
XML 54 R58.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation - Schedule of Performance Stock Units ("PSUs") (Detail) - Performance Stock Units ("PSUs") [Member]
 9 Months Ended
Sep. 30, 2019
$ / shares
shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Number of Shares, Beginning balance | shares 537,936
Number of Shares, Granted | shares 314,858
Number of Shares, Vested | shares (277,325)
Number of Shares, Forfeited | shares (672)
Number of Shares, Ending balance | shares 574,797
Weighted Average Grant Date Fair Value, Beginning balance | $ / shares $ 31.16
Weighted Average Grant Date Fair Value, Granted | $ / shares 34.28
Weighted Average Grant Date Fair Value, Vested | $ / shares 31.25
Weighted Average Grant Date Fair Value, Forfeited | $ / shares 42.05
Weighted Average Grant Date Fair Value, Ending balance | $ / shares $ 32.82
XML 55 R54.htm IDEA: XBRL DOCUMENT v3.19.3
Leases - Schedule of Rent Expense and Supplemental Cash Flow And Non Cash Information (Detail) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2019
Leases [Abstract]    
Operating lease expense $ 7 $ 21
Variable lease expense 4 11
Operating cash flows for operating leases 7 20
Right-of-use assets obtained in exchange for lease obligations(1) $ 65 $ 278
XML 56 R50.htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Measurements and Derivative Instruments - Fair Value of Debt and Hierarchy Level Used to Estimate Fair Values (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Carrying amount [Member] | SF CMBS Loan [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan $ 725 $ 725
Carrying amount [Member] | HHV CMBS Loan [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 1,275 1,275
Carrying amount [Member] | 2016 Term Loan [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 750 750
Carrying amount [Member] | 2019 Term Facility [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 850  
Carrying amount [Member] | Mortgage Loans [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 517 207
Fair Value [Member] | SF CMBS Loan [Member] | Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 743 706
Fair Value [Member] | HHV CMBS Loan [Member] | Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 1,330 1,214
Fair Value [Member] | 2016 Term Loan [Member] | Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 750 732
Fair Value [Member] | 2019 Term Facility [Member] | Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan 850  
Fair Value [Member] | Mortgage Loans [Member] | Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loan $ 522 $ 201
XML 57 R31.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share (“EPS”):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in millions, except per share amounts)

 

 

(in millions, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to stockholders

 

$

5

 

 

$

52

 

 

$

183

 

 

$

418

 

Earnings allocated to participating securities

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

(1

)

Net income attributable to stockholders, net of earnings

   allocated to participating securities

 

$

5

 

 

$

52

 

 

$

182

 

 

$

417

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

 

206

 

 

 

200

 

 

 

203

 

 

 

204

 

Unvested restricted shares

 

 

1

 

 

 

1

 

 

 

1

 

 

 

1

 

Weighted average shares outstanding – diluted

 

 

207

 

 

 

201

 

 

 

204

 

 

 

205

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS(1)

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

Diluted EPS(1)

 

$

0.02

 

 

$

0.26

 

 

$

0.90

 

 

$

2.04

 

 

(1)

Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.

XML 58 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 59 R35.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions - Additional Information (Detail)
$ / shares in Units, shares in Millions, $ in Millions
 1 Months Ended 3 Months Ended 9 Months Ended 21 Months Ended
May 31, 2018
USD ($)
Sep. 30, 2019
USD ($)
Hotel
$ / shares
Sep. 30, 2018
USD ($)
Hotel
Sep. 30, 2019
USD ($)
Hotel
$ / shares
shares
Sep. 30, 2018
USD ($)
Hotel
Sep. 30, 2019
USD ($)
Hotel
$ / shares
May 05, 2019
$ / shares
Business Acquisition [Line Items]              
Acquisition costs   $ 59   $ 65      
Operating income   38 $ 84 278 $ 407    
Net income   $ 5 $ 52 $ 183 $ 418    
Number of hotel portfolio properties sold | Hotel   5 12 5 12 5  
Gross proceeds on sale of hotel portfolio properties       $ 236 $ 379    
Net gain on selling cost of hotel portfolio properties       $ 20 98    
Reclassification of currency translation adjustment from accumulated other comprehensive loss to earnings on disposition of hotel portfolio properties         $ 31    
Hilton Berlin [Member]              
Business Acquisition [Line Items]              
Reclassification of currency translation adjustment from accumulated other comprehensive loss to earnings on disposition of hotel portfolio properties $ 8            
Gross proceeds on sale of hotel portfolio properties 375            
Pro-rata share amount before customary closing adjustments 151            
Net gain on sale of hotel portfolio properties $ 107            
Chesapeake Lodging Trust [Member]              
Business Acquisition [Line Items]              
Percentage of ownership interest in properties       100.00%      
Total consideration       $ 2,000      
Business acquisition, consideration transferred number of shares issued | shares       37.8      
Business acquisition,par value per common share | $ / shares   $ 25.88   $ 25.88   $ 25.88 $ 0.01
Cash issued for acquisition       $ 1,013      
Acquisition costs   $ 59   65      
Revenue recognized           $ 23  
Operating income           5  
Net income           $ 4  
Chesapeake Lodging Trust [Member] | Common Stock [member]              
Business Acquisition [Line Items]              
Shares issued for acquisition       $ 978      
XML 61 R39.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions - Summary of Hotel Portfolio Properties Sold (Detail)
 9 Months Ended
Sep. 30, 2019
Pointe Hilton Squaw Peak Resort [Member]  
Business Acquisition [Line Items]  
Location Phoenix, Arizona
Month Sold 2019-02
Hilton Nuremberg [Member]  
Business Acquisition [Line Items]  
Location Nuremberg, Germany
Month Sold 2019-03
Hilton Atlanta Airport [Member]  
Business Acquisition [Line Items]  
Location Atlanta, Georgia
Month Sold 2019-06
Hilton New Orleans Airport [Member]  
Business Acquisition [Line Items]  
Location New Orleans, Louisiana [1]
Month Sold 2019-06 [1]
Embassy Suites Parsippany [Member]  
Business Acquisition [Line Items]  
Location Parsippany, New Jersey [1]
Month Sold 2019-06 [1]
[1] Hotels were sold as a portfolio in the same transaction.
XML 62 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Property and equipment, net $ 9,986 $ 7,975
Investments in affiliates 52 50
Goodwill 607 607
Intangibles, net 46 27
Cash and cash equivalents 321 410
Restricted cash 43 15
Accounts receivable, net of allowance for doubtful accounts of $1 and $1 193 153
Prepaid expenses 76 82
Other assets 29 44
Operating lease right-of-use assets 267  
TOTAL ASSETS (variable interest entities - $248 and $242) 11,620 9,363
Liabilities    
Debt 4,100 2,948
Accounts payable and accrued expenses 237 183
Due to hotel managers 128 137
Due to Hilton Grand Vacations 135 135
Deferred income tax liabilities 42 42
Other liabilities 241 332
Operating lease liabilities 284  
Total liabilities (variable interest entities - $218 and $217) 5,167 3,777
Commitments and contingencies - refer to Note 13
Stockholders' Equity    
Common stock, par value $0.01 per share, 6,000,000,000 shares authorized, 239,590,752 shares issued and 239,388,083 shares outstanding as of September 30, 2019 and 201,290,458 shares issued and 201,198,381 shares outstanding as of December 31, 2018 2 2
Additional paid-in capital 4,572 3,589
Retained earnings 1,931 2,047
Accumulated other comprehensive loss (8) (6)
Total stockholders' equity 6,497 5,632
Noncontrolling interests (44) (46)
Total equity 6,453 5,586
TOTAL LIABILITIES AND EQUITY $ 11,620 $ 9,363
XML 63 R16.htm IDEA: XBRL DOCUMENT v3.19.3
Leases
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Leases

Note 8: Leases

We lease hotel properties, land and equipment under operating and financing leases.  We are subject to ground leases on 16 of our consolidated properties, 3 of which were acquired as part of the Merger. Our leases expire, including options under lessor control, at various dates through 2083, with varying renewal options, and the majority expire before 2034.  

Our operating leases may require minimum rent payments, variable rent payments based on a percentage of revenue or income or rent payments equal to the greater of a minimum rent or variable rent. In addition, we may be required to pay some, or all, of the capital costs for property and equipment in the hotel during the term of the lease.

The maturities of our non-cancelable operating lease liabilities, due in each of the next five years and thereafter as of September 30, 2019, were:

 

 

 

Operating

Leases

 

Year

 

(in millions)

 

2019

 

$

8

 

2020

 

 

32

 

2021

 

 

32

 

2022

 

 

32

 

2023

 

 

26

 

Thereafter

 

 

414

 

Total minimum rent payments

 

$

544

 

Less: imputed interest

 

 

260

 

Total operating lease liabilities

 

$

284

 

 

As of September 30, 2019 the weighted average remaining operating lease term was 25.7 years and the weighted average discount rate used to determine the operating lease liabilities was 5.4%.

 

The components of rent expense, which are primarily included in other property-level expenses in our condensed consolidated statements of comprehensive income, supplemental cash flow and non-cash information for all operating leases were:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

 

2019

 

 

2019

 

 

 

 

(in millions)

Operating lease expense

 

$

7

 

 

$

21

 

 

Variable lease expense

 

 

4

 

 

 

11

 

 

Operating cash flows for operating leases

 

 

7

 

 

 

20

 

 

Right-of-use assets obtained in exchange for lease obligations(1)

 

 

65

 

 

 

278

 

 

 

(1)

For the nine months ended September 30, 2019, balance represents right-of-use assets recognized upon adoption of ASC 842, Leases, on January 1, 2019, and right-of-use assets assumed in connection with the Merger.  For the three months ended September 30, 2019, balance represents right-of-use assets assumed in connection with the Merger.

 
XML 64 pk-10q_20190930_htm.xml IDEA: XBRL DOCUMENT 0001617406 2019-01-01 2019-09-30 0001617406 2019-11-01 0001617406 2019-09-30 0001617406 2018-12-31 0001617406 us-gaap:OccupancyMember 2019-07-01 2019-09-30 0001617406 us-gaap:OccupancyMember 2018-07-01 2018-09-30 0001617406 us-gaap:OccupancyMember 2019-01-01 2019-09-30 0001617406 us-gaap:OccupancyMember 2018-01-01 2018-09-30 0001617406 us-gaap:FoodAndBeverageMember 2019-07-01 2019-09-30 0001617406 us-gaap:FoodAndBeverageMember 2018-07-01 2018-09-30 0001617406 us-gaap:FoodAndBeverageMember 2019-01-01 2019-09-30 0001617406 us-gaap:FoodAndBeverageMember 2018-01-01 2018-09-30 0001617406 pk:AncillaryHotelMember 2019-07-01 2019-09-30 0001617406 pk:AncillaryHotelMember 2018-07-01 2018-09-30 0001617406 pk:AncillaryHotelMember 2019-01-01 2019-09-30 0001617406 pk:AncillaryHotelMember 2018-01-01 2018-09-30 0001617406 us-gaap:HotelOtherMember 2019-07-01 2019-09-30 0001617406 us-gaap:HotelOtherMember 2018-07-01 2018-09-30 0001617406 us-gaap:HotelOtherMember 2019-01-01 2019-09-30 0001617406 us-gaap:HotelOtherMember 2018-01-01 2018-09-30 0001617406 2019-07-01 2019-09-30 0001617406 2018-07-01 2018-09-30 0001617406 2018-01-01 2018-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2019-07-01 2019-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2018-07-01 2018-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2019-01-01 2019-09-30 0001617406 pk:OtherDepartmentalAndSupportMember 2018-01-01 2018-09-30 0001617406 2017-12-31 0001617406 2018-09-30 0001617406 us-gaap:CommonStockMember 2018-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001617406 us-gaap:RetainedEarningsMember 2018-12-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001617406 us-gaap:NoncontrollingInterestMember 2018-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0001617406 2019-01-01 2019-03-31 0001617406 us-gaap:RetainedEarningsMember 2019-01-01 2019-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2019-01-01 2019-03-31 0001617406 us-gaap:CommonStockMember 2019-03-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0001617406 us-gaap:RetainedEarningsMember 2019-03-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2019-03-31 0001617406 2019-03-31 0001617406 us-gaap:CommonStockMember 2019-04-01 2019-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-04-01 2019-06-30 0001617406 2019-04-01 2019-06-30 0001617406 us-gaap:RetainedEarningsMember 2019-04-01 2019-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-04-01 2019-06-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-04-01 2019-06-30 0001617406 us-gaap:CommonStockMember 2019-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001617406 us-gaap:RetainedEarningsMember 2019-06-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-06-30 0001617406 2019-06-30 0001617406 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0001617406 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-07-01 2019-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0001617406 us-gaap:CommonStockMember 2019-09-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0001617406 us-gaap:RetainedEarningsMember 2019-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2019-09-30 0001617406 us-gaap:CommonStockMember 2017-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001617406 us-gaap:RetainedEarningsMember 2017-12-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001617406 us-gaap:NoncontrollingInterestMember 2017-12-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-03-31 0001617406 2018-01-01 2018-03-31 0001617406 us-gaap:RetainedEarningsMember 2018-01-01 2018-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2018-01-01 2018-03-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-03-31 0001617406 us-gaap:CommonStockMember 2018-01-01 2018-03-31 0001617406 us-gaap:CommonStockMember 2018-03-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-03-31 0001617406 us-gaap:RetainedEarningsMember 2018-03-31 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-31 0001617406 us-gaap:NoncontrollingInterestMember 2018-03-31 0001617406 2018-03-31 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-04-01 2018-06-30 0001617406 2018-04-01 2018-06-30 0001617406 us-gaap:RetainedEarningsMember 2018-04-01 2018-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-04-01 2018-06-30 0001617406 us-gaap:CommonStockMember 2018-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0001617406 us-gaap:RetainedEarningsMember 2018-06-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-06-30 0001617406 2018-06-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0001617406 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-07-01 2018-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0001617406 us-gaap:CommonStockMember 2018-09-30 0001617406 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0001617406 us-gaap:RetainedEarningsMember 2018-09-30 0001617406 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0001617406 us-gaap:NoncontrollingInterestMember 2018-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2019-05-05 0001617406 pk:ParkIntermediateHoldingsLimitedLiabilityCompanyMember 2017-01-03 0001617406 srt:MaximumMember 2019-01-01 2019-01-01 0001617406 pk:NewAccountingPronouncementEffectMember us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 0001617406 pk:NewAccountingPronouncementEffectMember us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 2019-01-01 0001617406 pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HiltonDenverCityCenterMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:WChicagoLakeshoreMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HyattRegencyBostonMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HyattRegencyMissionBaySpaAndMarinaMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:BostonMarriottNewtonMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:LeMeridienNewOrleansMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:WChicagoCityCenterMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:RoyalPalmSouthBeachMiamiATributePortfolioResortMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:LeMeridienSanFranciscoMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:JWMarriottSanFranciscoUnionSquareMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HyattCentricFishermansWharfMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HotelIndigoSanDiegoGaslampQuarterMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:CourtyardWashingtonCapitolHillNavyYardMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HomewoodSuitesByHiltonSeattleConventionCenterPikeStreetMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HiltonCheckersLosAngelesMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:AceHotelDowntownLosAngelesMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HotelAdagioAutographCollectionMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:WNewOrleansFrenchQuarterMember pk:ChesapeakeLodgingTrustMember 2019-01-01 2019-09-30 0001617406 pk:HiltonDenverCityCenterMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:WChicagoLakeshoreMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HyattRegencyBostonMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HyattRegencyMissionBaySpaAndMarinaMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:BostonMarriottNewtonMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:LeMeridienNewOrleansMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:WChicagoCityCenterMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:RoyalPalmSouthBeachMiamiATributePortfolioResortMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:LeMeridienSanFranciscoMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:JWMarriottSanFranciscoUnionSquareMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HyattCentricFishermansWharfMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HotelIndigoSanDiegoGaslampQuarterMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:CourtyardWashingtonCapitolHillNavyYardMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HomewoodSuitesByHiltonSeattleConventionCenterPikeStreetMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HiltonCheckersLosAngelesMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:AceHotelDowntownLosAngelesMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:HotelAdagioAutographCollectionMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:WNewOrleansFrenchQuarterMember pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember us-gaap:CommonStockMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2019-07-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2018-07-01 2018-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2018-01-01 2018-09-30 0001617406 pk:ChesapeakeLodgingTrustMember 2018-01-02 2019-09-30 0001617406 pk:PointeHiltonSquawPeakResortMember 2019-01-01 2019-09-30 0001617406 pk:HiltonNurembergMember 2019-01-01 2019-09-30 0001617406 pk:HiltonAtlantaAirportMember 2019-01-01 2019-09-30 0001617406 pk:HiltonNewOrleansAirportMember 2019-01-01 2019-09-30 0001617406 pk:EmbassySuitesParsippanyMember 2019-01-01 2019-09-30 0001617406 pk:HiltonBerlinMember 2018-05-01 2018-05-31 0001617406 us-gaap:HurricaneMember 2019-01-01 2019-09-30 0001617406 pk:AncillaryHotelMember us-gaap:HurricaneMember 2019-01-01 2019-09-30 0001617406 us-gaap:OtherAssetsMember us-gaap:HurricaneMember 2019-09-30 0001617406 us-gaap:OtherAssetsMember us-gaap:HurricaneMember 2018-12-31 0001617406 us-gaap:HurricaneMember 2018-01-01 2018-09-30 0001617406 pk:AncillaryHotelMember us-gaap:HurricaneMember 2018-01-01 2018-09-30 0001617406 us-gaap:VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember 2019-09-30 0001617406 us-gaap:VariableInterestEntityPrimaryBeneficiaryAggregatedDisclosureMember 2018-12-31 0001617406 pk:HiltonSanDiegoBayfrontMember 2019-09-30 0001617406 pk:HiltonSanDiegoBayfrontMember 2018-12-31 0001617406 pk:AllOthersSevenHotelsMember 2019-09-30 0001617406 pk:AllOthersSevenHotelsMember 2018-12-31 0001617406 srt:MinimumMember pk:AllOthersSevenHotelsMember 2019-09-30 0001617406 srt:MaximumMember pk:AllOthersSevenHotelsMember 2019-09-30 0001617406 pk:ConradDublinMember 2019-07-31 0001617406 pk:ConradDublinMember 2019-07-01 2019-07-31 0001617406 pk:ConradDublinMember 2019-01-01 2019-09-30 0001617406 pk:ConradDublinMember 2019-09-30 0001617406 pk:ConradDublinMember 2018-12-31 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 us-gaap:MortgagesMember 2019-09-30 0001617406 us-gaap:MortgagesMember 2018-12-31 0001617406 pk:TwoThousandSixteenTermLoanMember 2019-09-30 0001617406 pk:TwoThousandSixteenTermLoanMember 2018-12-31 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-09-30 0001617406 us-gaap:CapitalLeaseObligationsMember 2019-09-30 0001617406 us-gaap:CapitalLeaseObligationsMember 2018-12-31 0001617406 pk:TwoThousandSixteenTermLoanMember 2019-01-01 2019-09-30 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-01-01 2019-09-30 0001617406 us-gaap:RevolvingCreditFacilityMember 2019-01-01 2019-09-30 0001617406 pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2019-01-01 2019-09-30 0001617406 pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2019-01-01 2019-09-30 0001617406 us-gaap:MortgagesMember 2019-01-01 2019-09-30 0001617406 us-gaap:CapitalLeaseObligationsMember 2019-01-01 2019-09-30 0001617406 pk:ChesapeakeLodgingTrustMember us-gaap:MortgagesMember 2019-09-30 0001617406 pk:TwoThousandSixteenTermLoanMember 2019-01-01 2019-09-30 0001617406 us-gaap:RevolvingCreditFacilityMember 2019-09-30 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-08-31 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-09-18 2019-09-18 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-09-18 0001617406 pk:TwoThousandNineteenTermFacilityMember 2019-08-01 2019-08-31 0001617406 srt:MaximumMember pk:TwoThousandNineteenTermFacilityMember 2019-08-31 0001617406 pk:CommercialMortgagedBackedSecuritiesLoansAndMortgageLoansMember 2019-09-30 0001617406 pk:CommercialMortgagedBackedSecuritiesLoansAndMortgageLoansMember 2018-12-31 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:TwoThousandSixteenTermLoanMember 2019-09-30 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:TwoThousandSixteenTermLoanMember 2018-12-31 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember pk:TwoThousandNineteenTermFacilityMember 2019-09-30 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:MortgagesMember 2019-09-30 0001617406 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:MortgagesMember 2018-12-31 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:SanFranciscoCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2019-09-30 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:HiltonHawaiianVillageCommercialMortgagedBackedSecuritiesLoanMember 2018-12-31 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:TwoThousandSixteenTermLoanMember 2019-09-30 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:TwoThousandSixteenTermLoanMember 2018-12-31 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember pk:TwoThousandNineteenTermFacilityMember 2019-09-30 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MortgagesMember 2019-09-30 0001617406 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MortgagesMember 2018-12-31 0001617406 us-gaap:OtherLiabilitiesMember us-gaap:InterestRateSwapMember 2019-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2019-07-01 2019-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2018-07-01 2018-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2019-01-01 2019-09-30 0001617406 us-gaap:DomesticCountryMember pk:RealEstateInvestmentTrustMember 2018-01-01 2018-09-30 0001617406 srt:MaximumMember us-gaap:EmployeeStockOptionMember 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2019-09-30 0001617406 srt:MaximumMember pk:NonEmployeeStockOptionMember 2019-09-30 0001617406 pk:NonEmployeeStockOptionMember 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2019-01-01 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2019-07-01 2019-09-30 0001617406 us-gaap:EmployeeStockOptionMember 2018-07-01 2018-09-30 0001617406 us-gaap:RestrictedStockMember 2018-12-31 0001617406 us-gaap:RestrictedStockMember 2019-01-01 2019-09-30 0001617406 us-gaap:RestrictedStockMember 2019-09-30 0001617406 us-gaap:PerformanceSharesMember 2019-01-01 2019-09-30 0001617406 us-gaap:PerformanceSharesMember 2019-09-30 0001617406 srt:MinimumMember us-gaap:PerformanceSharesMember 2019-01-01 2019-09-30 0001617406 srt:MaximumMember us-gaap:PerformanceSharesMember 2019-01-01 2019-09-30 0001617406 us-gaap:PerformanceSharesMember 2018-12-31 0001617406 pk:ConsolidatedHotelsSegmentMember 2019-07-01 2019-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2018-07-01 2018-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2019-01-01 2019-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2018-01-01 2018-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2019-07-01 2019-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2018-07-01 2018-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2019-01-01 2019-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2018-01-01 2018-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2019-09-30 0001617406 pk:ConsolidatedHotelsSegmentMember 2018-12-31 0001617406 us-gaap:AllOtherSegmentsMember 2019-09-30 0001617406 us-gaap:AllOtherSegmentsMember 2018-12-31 0001617406 stpr:FL us-gaap:HurricaneMember 2019-09-30 0001617406 country:PR us-gaap:HurricaneMember 2017-09-30 0001617406 2019-05-06 2019-05-06 0001617406 pk:AceHotelDowntownLosAngelesMember us-gaap:SubsequentEventMember 2019-11-01 0001617406 pk:HiltonSaoPauloMorumbiMember us-gaap:SubsequentEventMember 2019-11-01 shares iso4217:USD iso4217:USD shares pure pk:Room pk:Hotel pk:Entity pk:Property pk:Segment pk:Plaintiff false 2019 Q3 0001617406 --12-31 Large Accelerated Filer 0.20 0.50 0% 1 1 2021-12-31 2024-08-31 P3Y 1 1 0% 0.0428 0.0145 0.0140 0.0150 2020 2026 2021-12 2021 2022 0.195 0.215 0.018 0.024 10-Q true 2019-09-30 false 001-37795 Park Hotels & Resorts Inc. DE 36-2058176 1775 Tysons Blvd 7th Floor Tysons VA 22102 571 302-5757 Common Stock, $0.01 par value per share PK NYSE Yes Yes false false false 239387334 9986000000 7975000000 52000000 50000000 607000000 607000000 46000000 27000000 321000000 410000000 43000000 15000000 1000000 1000000 193000000 153000000 76000000 82000000 29000000 44000000 267000000 248000000 242000000 11620000000 9363000000 4100000000 2948000000 237000000 183000000 128000000 137000000 135000000 135000000 42000000 42000000 241000000 332000000 284000000 218000000 217000000 5167000000 3777000000 0.01 0.01 6000000000 6000000000 239590752 239388083 201290458 201198381 2000000 2000000 4572000000 3589000000 1931000000 2047000000 -8000000 -6000000 6497000000 5632000000 -44000000 -46000000 6453000000 5586000000 11620000000 9363000000 431000000 429000000 1271000000 1298000000 156000000 144000000 534000000 532000000 63000000 60000000 170000000 168000000 22000000 19000000 59000000 53000000 672000000 652000000 2034000000 2051000000 114000000 113000000 334000000 337000000 117000000 111000000 371000000 368000000 153000000 157000000 453000000 469000000 54000000 54000000 152000000 157000000 32000000 32000000 101000000 103000000 8000000 -1000000 8000000 -1000000 61000000 69000000 184000000 208000000 14000000 16000000 47000000 47000000 59000000 65000000 23000000 19000000 61000000 54000000 635000000 570000000 1776000000 1742000000 1000000 2000000 20000000 98000000 38000000 84000000 278000000 407000000 2000000 2000000 5000000 4000000 33000000 32000000 98000000 94000000 3000000 4000000 18000000 16000000 -2000000 -1000000 -2000000 -4000000 1000000 -2000000 1000000 106000000 9000000 55000000 202000000 435000000 12000000 13000000 9000000 55000000 190000000 422000000 4000000 3000000 7000000 4000000 5000000 52000000 183000000 418000000 0 1000000 0 2000000 -3000000 -1000000 -2000000 36000000 -3000000 -1000000 -2000000 36000000 6000000 54000000 188000000 458000000 4000000 3000000 7000000 4000000 2000000 51000000 181000000 454000000 0.02 0.26 0.90 2.04 0.02 0.26 0.90 2.04 206000000 200000000 203000000 204000000 207000000 201000000 204000000 205000000 190000000 422000000 184000000 208000000 20000000 98000000 8000000 -1000000 18000000 16000000 -2000000 -4000000 1000000 106000000 12000000 12000000 3000000 3000000 16000000 12000000 -3000000 27000000 142000000 349000000 295000000 913000000 182000000 133000000 230000000 369000000 150000000 10000000 87000000 -855000000 473000000 850000000 11000000 382000000 379000000 5000000 1000000 7000000 2000000 348000000 445000000 -730000000 -2000000 -61000000 36000000 425000000 379000000 364000000 415000000 3000000 978000000 311000000 107000000 86000000 201000000 2000000 3589000000 2047000000 -6000000 -46000000 5586000000 -1000000 -1000000 96000000 1000000 97000000 91000000 91000000 3000000 3000000 -8000000 -8000000 201000000 2000000 3588000000 2044000000 -6000000 -48000000 5580000000 1000000 3000000 3000000 82000000 2000000 84000000 1000000 1000000 92000000 92000000 202000000 2000000 3591000000 2034000000 -5000000 -46000000 5576000000 38000000 978000000 978000000 3000000 3000000 5000000 4000000 9000000 -3000000 -3000000 108000000 108000000 2000000 2000000 240000000 2000000 4572000000 1931000000 -8000000 -44000000 6453000000 215000000 2000000 3825000000 2229000000 -45000000 -49000000 5962000000 3000000 3000000 150000000 -1000000 149000000 37000000 37000000 88000000 88000000 14000000 250000000 98000000 348000000 201000000 2000000 3578000000 2193000000 -8000000 -50000000 5715000000 3000000 3000000 216000000 2000000 218000000 178000000 178000000 1000000 1000000 201000000 2000000 3581000000 2231000000 -8000000 -49000000 5757000000 4000000 4000000 52000000 3000000 55000000 -1000000 -1000000 87000000 87000000 201000000 2000000 3585000000 2196000000 -9000000 -46000000 5728000000 0.45 0.45 0.45 0.43 0.43 0.43 0.45 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 1: Organization</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Park Hotels &amp; Resorts Inc. (“we,” “us,” “our” or the “Company”) is a Delaware corporation that owns a portfolio of premium-branded hotels and resorts primarily located in prime city center and resort locations. On January 3, 2017, Hilton Worldwide Holdings Inc. (“Hilton” or “Parent”) completed the spin-off of a portfolio of hotels and resorts that established Park Hotels &amp; Resorts Inc. as an independent, publicly traded company. The spin-off transaction was effected through a pro rata distribution of Park Hotels &amp; Resorts Inc. stock to existing Hilton stockholders. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On May 5, 2019, the Company, PK Domestic Property LLC, an indirect subsidiary of the Company (“Domestic”), and PK Domestic Sub LLC, a wholly-owned subsidiary of Domestic (“Merger Sub”) entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Chesapeake Lodging Trust (“Chesapeake”). On September 18, 2019, pursuant to the terms and subject to the conditions set forth in the Merger Agreement, Chesapeake merged with and into Merger Sub (the “Merger”) and each of Chesapeake’s common shares of beneficial interest, $0.01 par value per share (“Chesapeake common shares”) was converted into $11.00 in cash and 0.628 of a share of our common stock. No fractional shares of our common stock were issued in the Merger.  The value of any fractional interests to which a Chesapeake shareholder would otherwise have been entitled was paid in cash. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We are treated as a real estate investment trust (“REIT”) for United States (“U.S.”) federal income tax purposes, and we have been organized and operated, and expect to continue to be organized and operate in a manner to qualify as a REIT. From the date of our spin-off from Hilton, Park Intermediate Holdings LLC (our “Operating Company”), directly or indirectly, has held all our assets and has conducted all of our operations. We own 100% of the interests in our Operating Company. </p> 0.01 11.00 0.628 0 1 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 2: Basis of Presentation and Summary of Significant Accounting Policies</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Basis of Presentation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Principles of Consolidation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The unaudited condensed consolidated financial statements reflect our financial position, results of operations and cash flows, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP. In our opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring items, considered necessary for a fair presentation of the interim periods. All significant intercompany transactions and balances within the financial statements have been eliminated.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our Annual Report on Form 10-K, filed with the SEC on February 28, 2019.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Interim results are not necessarily indicative of full year performance. </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain line items on the condensed consolidated statements of comprehensive income for the nine months ended September 30, 2018 have been reclassified to conform to the current period presentation.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Summary of Significant Accounting Policies</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on February 28, 2019, contains a discussion of the significant accounting policies. There have been no significant changes to our significant accounting policies since December 31, 2018, except for the change in lease accounting, referred to under “Recently Issued Accounting Pronouncements.”</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Recently Issued Accounting Pronouncements</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Adopted Accounting Standards<span style="Background-color:#FFFF00;"> </span></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-02 (“ASU 2016-02”), <span style="font-style:italic;">Leases (Topic 842)</span>, which supersedes existing lease accounting guidance in <span style="font-style:italic;">Leases (Topic 840) </span>and generally requires all leases to be recognized on the statement of financial position. We adopted this ASU on January 1, 2019 using the optional transition method, which allows entities to initially apply the ASU at the adoption date without revising comparable periods. We consider an arrangement to contain a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for compensation. We elected certain practical expedients that allowed us to utilize historical lease classifications and elected an accounting policy to continue accounting for leases with an initial term of 12 months and less using existing guidance for operating leases. We did not elect the practical expedient that allows us to use hindsight to reassess our probability of exercising renewal options; however, we did include any renewal options controlled by the lessor. On a prospective basis, lease terms will include both renewal options that we are reasonably certain to exercise as well as renewal options controlled by the lessor. Upon adoption, we recognized an operating lease right-of-use asset of $213 million representing the right to use land, buildings, and equipment over lease terms which include renewal options we have exercised, and renewal options controlled by the lessor, and a corresponding operating lease liability of $213 million representing the present value of our fixed lease payment obligations. We also recognized an $8 million impairment of the operating lease right-of-use asset associated with one of our previously impaired hotels as a cumulative effect of change in accounting principle within <span style="font-style:italic;">retained earnings.</span> In addition, we reclassified $25 million of below market lease intangibles from <span style="font-style:italic;">intangibles, net </span>and $8 million of deferred rent liabilities from <span style="font-style:italic;">other liabilities </span>on our condensed consolidated balance sheet to the operating lease right-of-use asset. The discount rate used to calculate the operating lease right-of-use asset and operating lease liability was based on our estimated incremental borrowing rate at our adoption date of January 1, 2019. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2018, the FASB issued ASU No. 2018-15, <span style="font-style:italic;">Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)</span>, which adds recognition, measurement, and disclosure guidance on implementation costs of cloud computing arrangements. Implementation costs incurred by customers in cloud computing arrangements are deferred if they would be capitalized by customers in software license arrangements under the existing internal-use software guidance. We elected to early adopt this ASU as of January 1, 2019 on a prospective basis and there was no effect on our consolidated financial statements.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:2pt;text-indent:5.24%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In June 2016, the FASB issued ASU No. 2016-13, “<span style="font-style:italic;">Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span>”, which will replace the existing “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For trade and other receivables, loans and other instruments, the forward looking “expected loss” model will generally result in the earlier recognition of allowances for losses. In November 2018, the FASB issued ASU No. 2018-19, “<span style="font-style:italic;">Codification Improvements to Topic 326, Financial Instruments-Credit Losses</span>”, which clarifies that operating lease receivables accounted for under ASC 842 are not in the scope of ASU No. 2016-13. Both ASUs are effective January 1, 2020 and require new disclosures. Both ASUs require a modified retrospective approach. We are currently evaluating the effect that these ASUs will have on our consolidated financial statements.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Principles of Consolidation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The unaudited condensed consolidated financial statements reflect our financial position, results of operations and cash flows, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP. In our opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring items, considered necessary for a fair presentation of the interim periods. All significant intercompany transactions and balances within the financial statements have been eliminated.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our Annual Report on Form 10-K, filed with the SEC on February 28, 2019.</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Interim results are not necessarily indicative of full year performance. </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain line items on the condensed consolidated statements of comprehensive income for the nine months ended September 30, 2018 have been reclassified to conform to the current period presentation.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Recently Issued Accounting Pronouncements</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Adopted Accounting Standards<span style="Background-color:#FFFF00;"> </span></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-02 (“ASU 2016-02”), <span style="font-style:italic;">Leases (Topic 842)</span>, which supersedes existing lease accounting guidance in <span style="font-style:italic;">Leases (Topic 840) </span>and generally requires all leases to be recognized on the statement of financial position. We adopted this ASU on January 1, 2019 using the optional transition method, which allows entities to initially apply the ASU at the adoption date without revising comparable periods. We consider an arrangement to contain a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for compensation. We elected certain practical expedients that allowed us to utilize historical lease classifications and elected an accounting policy to continue accounting for leases with an initial term of 12 months and less using existing guidance for operating leases. We did not elect the practical expedient that allows us to use hindsight to reassess our probability of exercising renewal options; however, we did include any renewal options controlled by the lessor. On a prospective basis, lease terms will include both renewal options that we are reasonably certain to exercise as well as renewal options controlled by the lessor. Upon adoption, we recognized an operating lease right-of-use asset of $213 million representing the right to use land, buildings, and equipment over lease terms which include renewal options we have exercised, and renewal options controlled by the lessor, and a corresponding operating lease liability of $213 million representing the present value of our fixed lease payment obligations. We also recognized an $8 million impairment of the operating lease right-of-use asset associated with one of our previously impaired hotels as a cumulative effect of change in accounting principle within <span style="font-style:italic;">retained earnings.</span> In addition, we reclassified $25 million of below market lease intangibles from <span style="font-style:italic;">intangibles, net </span>and $8 million of deferred rent liabilities from <span style="font-style:italic;">other liabilities </span>on our condensed consolidated balance sheet to the operating lease right-of-use asset. The discount rate used to calculate the operating lease right-of-use asset and operating lease liability was based on our estimated incremental borrowing rate at our adoption date of January 1, 2019. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2018, the FASB issued ASU No. 2018-15, <span style="font-style:italic;">Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)</span>, which adds recognition, measurement, and disclosure guidance on implementation costs of cloud computing arrangements. Implementation costs incurred by customers in cloud computing arrangements are deferred if they would be capitalized by customers in software license arrangements under the existing internal-use software guidance. We elected to early adopt this ASU as of January 1, 2019 on a prospective basis and there was no effect on our consolidated financial statements.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:2pt;text-indent:5.24%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In June 2016, the FASB issued ASU No. 2016-13, “<span style="font-style:italic;">Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span>”, which will replace the existing “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For trade and other receivables, loans and other instruments, the forward looking “expected loss” model will generally result in the earlier recognition of allowances for losses. In November 2018, the FASB issued ASU No. 2018-19, “<span style="font-style:italic;">Codification Improvements to Topic 326, Financial Instruments-Credit Losses</span>”, which clarifies that operating lease receivables accounted for under ASC 842 are not in the scope of ASU No. 2016-13. Both ASUs are effective January 1, 2020 and require new disclosures. Both ASUs require a modified retrospective approach. We are currently evaluating the effect that these ASUs will have on our consolidated financial statements.</p> P12M 213000000 213000000 8000000 -25000000 -8000000 <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 3: Acquisitions and Dispositions</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Acquisitions</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Merger with Chesapeake</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As a result of the Merger, we acquired a 100% ownership interest in the following 18 hotels:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Hotel</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Location</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.78%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Rooms</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%; border-top:solid 0.75pt #000000;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Denver City Center</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%; border-top:solid 0.75pt #000000;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Denver, CO</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">613</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">W Chicago – Lakeshore</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chicago, IL</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">520</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hyatt Regency Boston</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Boston, MA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">502</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hyatt Regency Mission Bay Spa and Marina</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Diego, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">438</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Boston Marriott Newton</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Newton, MA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">430</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Le Meridien New Orleans</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">New Orleans, LA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">410</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">W Chicago – City Center</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chicago, IL</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">403</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Royal Palm South Beach Miami, a Tribute Portfolio Resort</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Miami Beach, FL</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">393</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Le Meridien San Francisco</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">360</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">JW Marriott San Francisco Union Square</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">344</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hyatt Centric Fisherman’s Wharf</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">316</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hotel Indigo San Diego Gaslamp Quarter</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Diego, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">210</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Courtyard Washington Capitol Hill/Navy Yard</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Washington, DC</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">204</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Homewood Suites by Hilton Seattle Convention Center Pike Street</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Seattle, WA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">195</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Checkers Los Angeles</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Los Angeles, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">193</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ace Hotel Downtown Los Angeles</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Los Angeles, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">182</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hotel Adagio, Autograph Collection</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">171</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:54.66%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">W New Orleans – French Quarter</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:32%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">New Orleans, LA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">97</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:54.66%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:32%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5,981</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The total consideration for the Merger was approximately $2 billion, which included the issuance of approximately 37.8 million shares of common stock valued at $25.88 per share to Chesapeake common shareholders based on the closing price of our common stock on September 17, 2019. We accounted for the Merger using the acquisition method of accounting.  </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We preliminarily allocated the purchase price consisting of common stock issued of $978 million and cash of $1,013 million as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:77.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.88%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:19.52%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investment in hotel properties, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,220</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Intangibles, net</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">45</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">62</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Restricted cash</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">38</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts receivable, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">26</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Prepaid expenses</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other assets</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating lease right-of-use asset</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">65</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Debt</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(311</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts payable and accrued expenses</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(46</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Due to hotel managers</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(15</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other liabilities</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(16</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:77.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating lease liability</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.88%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(88</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:77.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total consideration</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.88%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,991</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The estimated fair values for the assets acquired and the liabilities assumed are preliminary and are subject to change during the one-year measurement period as additional information related to the inputs and assumptions used in determining the fair value of the assets and liabilities becomes available. We will continue to review the underlying inputs and assumptions. Therefore, the purchase price allocation is not yet complete as of the date of this filing. Once the allocation is complete, an additional adjustment to the allocation may occur.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We used the following valuation methodologies, inputs and assumptions to estimate the fair value of the assets acquired and liabilities assumed:</span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Investment in hotel properties – We estimated the fair values of the land and improvements, buildings and improvements, and furniture, fixtures and equipment at the hotel properties by using a combination of the market, cost and income approaches. These valuation methodologies are based on significant Level 3 inputs in the fair value hierarchy, such as estimates of future income growth, capitalization rates, discount rates, capital expenditures and cash flow projections at the respective hotel properties.</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Intangible assets – We estimated the fair value of the air rights contract acquired as part of the Hyatt Regency Boston by calculating the present value of the difference between the contractual rental amounts according to the contract and the market rental rates for similar contracts, measured over a period equal to the remaining non-cancellable term of the contract. This valuation methodology is based on Level 3 inputs in the fair value hierarchy. The intangible asset is amortized using the straight-line method over the remaining term of the contract.</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Above and below market lease liabilities – We estimated the fair value of our above and below market lease liabilities by calculating the present value of the difference between the contractual rental amounts paid according to the in-place lease agreements and the market rental rates for similar leased space, measured over a period equal to the remaining non-cancellable terms of the leases. This valuation methodology is based on Level 3 inputs in the fair value hierarchy. The above and below market lease liabilities are included as adjustments to the right-of-use asset in the accompanying condensed consolidated balance sheet. The above and below market lease liabilities are amortized as adjustments to ground rent expense over the remaining terms of the respective leases.</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Operating lease right-of-use-asset and Operating lease liability – We estimated the fair value of the operating lease right-of-use asset and operating lease liability by calculating the present value of the fixed contractual rental amounts due over a period equal to the remaining non-cancellable terms of the leases. This valuation methodology is based on Level 3 inputs in the fair value hierarchy.</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Debt – We estimated the fair value of the mortgage loans by calculating the present value of the remaining loan payments due over the term of the loans. This valuation methodology is based on Level 3 inputs in the fair value hierarchy.</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Restricted cash, accounts receivable, prepaid expenses and other assets, accounts payable and accrued expenses, due to hotel managers and other liabilities – The amounts constitute the carrying amounts of the assets acquired and the liabilities assumed, which we believe approximate fair value because of their short-term nature.</span></p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the three and nine months ended September 30, 2019, we incurred $59 million and $65 million, respectively, in acquisition costs in connection with the Merger. Acquisition costs primarily related to severance, transfer tax and fees for financial advisors, legal, accounting, tax and other professional services in connection with the Merger. The Merger-related costs noted above are included in <span style="font-style:italic;">acquisition costs</span> in our condensed consolidated statements of comprehensive income.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following unaudited condensed pro-forma financial information presents the results of operations as if the Merger had taken place on January 1, 2018. The unaudited condensed pro-forma financial information is not necessarily indicative of what our actual results of operations would have been assuming the Merger had taken place on January 1, 2018, nor is it indicative of the results of operations for future periods. The unaudited condensed pro-forma financial information is as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:42.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the three months ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the nine months ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:42.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">(unaudited)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total revenues</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">797</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">800</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,440</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,477</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating income</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">63</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">112</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">350</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">483</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">23</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">70</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">227</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">460</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">From the date of Merger through September 30, 2019, we recognized $23 million of total revenues, $5 million of operating income and $4 million of net income related to the hotels acquired in connection with the Merger.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Dispositions</span></p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.24%;text-indent:-5.24%;font-weight:bold;;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During the nine months ended September 30, 2019, we sold five consolidated hotels listed in the table below and we received total gross proceeds of $236 million and recognized a gain, net of selling costs, of $20 million on these hotels which is included in <span style="font-style:italic;">gain on sales of assets, net</span> in our condensed consolidated statements of comprehensive income.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Hotel</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Location</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Month Sold</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pointe Hilton Squaw Peak Resort</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Phoenix, Arizona</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> February 2019</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Nuremberg</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Nuremberg, Germany</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> March 2019</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Atlanta Airport</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Atlanta, Georgia</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> June 2019</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton New Orleans Airport<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">New Orleans, Louisiana</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> June 2019</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Embassy Suites Parsippany<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Parsippany, New Jersey</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> June 2019</p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:none 0pt;padding-bottom:0pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:3pt;"> </p> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:3pt;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">Hotels were sold as a portfolio in the same transaction.</p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During the nine months ended September 30, 2018, we sold 12 consolidated hotels for total gross proceeds of $379 million.  We recognized a net gain of approximately $98 million, including the reclassification of a currency translation adjustment of $31 million from accumulated other comprehensive loss into earnings concurrent with the dispositions, which was included in <span style="font-style:italic;">gain on sales of assets, net</span> in our condensed consolidated statements of comprehensive income.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Additionally, in May 2018, we and the other owners of our unconsolidated affiliates that owned the Hilton Berlin hotel sold our interests for gross proceeds of approximately $375 million, before customary closing adjustments, of which our pro rata share was approximately $151 million. We recognized a net gain of approximately $107 million, including the reclassification of a currency translation adjustment of $8 million from accumulated other comprehensive loss into earnings concurrent with the disposition, which is included in <span style="font-style:italic;">other gain (loss), net</span> in our condensed consolidated statements of comprehensive income.   </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:8pt;"> </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As a result of the Merger, we acquired a 100% ownership interest in the following 18 hotels:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Hotel</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Location</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.78%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Rooms</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%; border-top:solid 0.75pt #000000;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Denver City Center</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%; border-top:solid 0.75pt #000000;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Denver, CO</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">613</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">W Chicago – Lakeshore</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chicago, IL</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">520</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hyatt Regency Boston</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Boston, MA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">502</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hyatt Regency Mission Bay Spa and Marina</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Diego, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">438</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Boston Marriott Newton</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Newton, MA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">430</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Le Meridien New Orleans</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">New Orleans, LA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">410</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">W Chicago – City Center</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chicago, IL</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">403</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Royal Palm South Beach Miami, a Tribute Portfolio Resort</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Miami Beach, FL</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">393</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Le Meridien San Francisco</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">360</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">JW Marriott San Francisco Union Square</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">344</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hyatt Centric Fisherman’s Wharf</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">316</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hotel Indigo San Diego Gaslamp Quarter</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Diego, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">210</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Courtyard Washington Capitol Hill/Navy Yard</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Washington, DC</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">204</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Homewood Suites by Hilton Seattle Convention Center Pike Street</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Seattle, WA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">195</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Checkers Los Angeles</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Los Angeles, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">193</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ace Hotel Downtown Los Angeles</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Los Angeles, CA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">182</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:54.66%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hotel Adagio, Autograph Collection</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:32%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">San Francisco, CA</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">171</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:54.66%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">W New Orleans – French Quarter</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:32%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">New Orleans, LA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">97</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:54.66%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:32%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.78%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="top"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5,981</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> 1 Denver, CO 613 Chicago, IL 520 Boston, MA 502 San Diego, CA 438 Newton, MA 430 New Orleans, LA 410 Chicago, IL 403 Miami Beach, FL 393 San Francisco, CA 360 San Francisco, CA 344 San Francisco, CA 316 San Diego, CA 210 Washington, DC 204 Seattle, WA 195 Los Angeles, CA 193 Los Angeles, CA 182 San Francisco, CA 171 New Orleans, LA 97 5981 2000000000 37800000 25.88 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We preliminarily allocated the purchase price consisting of common stock issued of $978 million and cash of $1,013 million as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:77.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.88%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:19.52%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investment in hotel properties, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,220</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Intangibles, net</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">45</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">62</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Restricted cash</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">38</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts receivable, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">26</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Prepaid expenses</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other assets</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating lease right-of-use asset</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">65</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Debt</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(311</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts payable and accrued expenses</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(46</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Due to hotel managers</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(15</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:77.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other liabilities</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.88%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(16</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:77.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating lease liability</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.88%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(88</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:77.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total consideration</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.88%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.52%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,991</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> 978000000 1013000000 2220000000 45000000 62000000 38000000 26000000 9000000 2000000 65000000 311000000 46000000 15000000 16000000 88000000 1991000000 59000000 65000000 The unaudited condensed pro-forma financial information is as follows: <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:42.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the three months ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the nine months ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:42.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.12%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">(unaudited)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.48%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total revenues</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">797</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">800</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,440</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,477</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating income</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">63</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">112</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">350</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">483</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">23</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">70</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">227</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.12%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">460</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 797000000 800000000 2440000000 2477000000 63000000 112000000 350000000 483000000 23000000 70000000 227000000 460000000 23000000 5000000 4000000 5 236000000 20000000 <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Hotel</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Location</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Month Sold</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pointe Hilton Squaw Peak Resort</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Phoenix, Arizona</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> February 2019</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Nuremberg</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Nuremberg, Germany</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> March 2019</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton Atlanta Airport</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Atlanta, Georgia</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> June 2019</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton New Orleans Airport<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">New Orleans, Louisiana</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> June 2019</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:52.06%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Embassy Suites Parsippany<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.78%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Parsippany, New Jersey</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.98%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.12%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> June 2019</p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:none 0pt;padding-bottom:0pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:3pt;"> </p> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:3pt;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">Hotels were sold as a portfolio in the same transaction.</p></td></tr></table></div> Phoenix, Arizona 2019-02 Nuremberg, Germany 2019-03 Atlanta, Georgia 2019-06 New Orleans, Louisiana 2019-06 Parsippany, New Jersey 2019-06 12 379000000 98000000 31000000 375000000 151000000 107000000 8000000 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 4: Property and Equipment</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Property and equipment were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:30.38%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Land</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3,594</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3,344</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Buildings and leasehold improvements</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7,300</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5,616</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Furniture and equipment</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,133</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">949</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Construction-in-progress</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">124</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">12,133</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">10,033</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accumulated depreciation and amortization</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,147</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,058</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9,986</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7,975</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Depreciation of property and equipment was $60 million and $66 million, respectively, during the three months ended September 30, 2019 and 2018, and $182 million and $205 million during the nine months ended September 30, 2019 and 2018, respectively.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Hurricanes Irma and Maria</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">In September 2017, Hurricanes Irma and Maria caused damage and disruption at certain of our hotels in Florida and the Caribe Hilton in Puerto Rico. The </span><span style="color:#000000;">Caribe Hilton remained closed throughout 2018 and reopened on May 15, 2019. </span><span style="Background-color:#FFFFFF;">Our insurance coverage provides us with reimbursement for the replacement cost for the damage to these hotels, which includes certain clean-up and repair costs, exceeding the applicable deductibles, in addition to loss of business. </span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">During the nine months ended September 30, 2019</span><span style="color:#000000;">, w</span><span style="Background-color:#FFFFFF;">e recognized $</span>23<span style="Background-color:#FFFFFF;"> million of insurance recoveries, of which $</span>12<span style="Background-color:#FFFFFF;"> million related to property damage, $8 million related to business interruption, and $</span>3<span style="Background-color:#FFFFFF;"> million related to expense reimbursements.</span><span style="font-style:italic;Background-color:#FFFFFF;"> </span><span style="Background-color:#FFFFFF;">Business interruption proceeds are included within </span><span style="font-style:italic;Background-color:#FFFFFF;">ancillary hotel revenue </span><span style="Background-color:#FFFFFF;">in our condensed consolidated statements of comprehensive income. Additionally, we recognized a net loss of $7 million within </span><span style="font-style:italic;Background-color:#FFFFFF;">casualty loss (gain) and impairment loss, net </span><span style="Background-color:#FFFFFF;">in our condensed consolidated statements of comprehensive income for </span><span style="color:#000000;">amounts not expected to be recovered from insurance</span><span style="Background-color:#FFFFFF;">. The insurance receivable as of </span><span style="color:#000000;">September 30, 2019</span> and December 31, 2018 <span style="Background-color:#FFFFFF;">was $</span>5<span style="Background-color:#FFFFFF;"> million and $</span>25<span style="Background-color:#FFFFFF;"> million, respectively, and is included within </span><span style="font-style:italic;Background-color:#FFFFFF;">other assets</span><span style="Background-color:#FFFFFF;"> in our condensed consolidated balance sheets.  </span></p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">During </span><span style="color:#000000;">the nine months ended September 30, 2018, we incurred $32 million of expenses, and based upon additional information obtained during the period, we recognized an additional loss of $22 million for property and equipment that was damaged during the hurricanes. These amounts were offset by the recognition of an insurance receivable of $54 million.  Additionally, we received $108 million of insurance proceeds, of which $15 million related to business interruption and $6 million related to expense reimbursements.</span>   </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Property and equipment were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:30.38%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Land</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3,594</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3,344</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Buildings and leasehold improvements</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7,300</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5,616</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Furniture and equipment</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,133</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">949</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Construction-in-progress</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">124</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">12,133</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">10,033</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accumulated depreciation and amortization</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,147</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,058</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9,986</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7,975</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> 3594000000 3344000000 7300000000 5616000000 1133000000 949000000 106000000 124000000 12133000000 10033000000 2147000000 2058000000 9986000000 7975000000 60000000 66000000 182000000 205000000 23000000 12000000 8000000 3000000 7000000 5000000 25000000 32000000 22000000 54000000 108000000 15000000 6000000 <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 5: Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Consolidated VIEs</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We consolidate three VIEs that own hotels in the U.S. We are the primary beneficiary of these VIEs as we have the power to direct the activities that most significantly affect their economic performance. Additionally, we have the obligation to absorb their losses and the right to receive benefits that could be significant to them. The assets of our VIEs are only available to settle the obligations of these entities. Our condensed consolidated balance sheets include the following assets and liabilities of these entities:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:30.38%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Property and equipment, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">221</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">223</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">12</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Restricted cash</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts receivable, net</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Prepaid expenses</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Debt</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts payable and accrued expenses</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Due to hotel manager</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other liabilities</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During the nine months ended September 30, 2019 and 2018, we did not provide any financial or other support to these VIEs that we were not previously contractually required to provide, nor do we intend to provide any such support in the future.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Unconsolidated Entities</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investments in affiliates were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:53.68%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Ownership %</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:53.68%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:28.34%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:53.68%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton San Diego Bayfront</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">25%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:53.68%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All others (7 hotels)<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:12.9%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20% - 50%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:53.68%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:11.9%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">52</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">50</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/><span style="font-size:9pt;">In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018. </span></p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.24%;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The affiliates in which we own investments accounted for under the equity method had total debt of approximately $961 million and $955 million as of September 30, 2019 and December 31, 2018, respectively. Substantially all the debt is secured solely by the affiliates’ assets or is guaranteed by other partners without recourse to us.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;"> </p> 3 Our condensed consolidated balance sheets include the following assets and liabilities of these entities: <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:30.38%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Property and equipment, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">221</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">223</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">12</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Restricted cash</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts receivable, net</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Prepaid expenses</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Debt</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accounts payable and accrued expenses</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Due to hotel manager</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other liabilities</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 221000000 223000000 19000000 12000000 2000000 1000000 5000000 4000000 1000000 2000000 207000000 207000000 9000000 7000000 2000000 2000000 1000000 <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investments in affiliates were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:53.68%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Ownership %</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:53.68%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:28.34%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:53.68%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hilton San Diego Bayfront</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.9%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">25%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.52%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:53.68%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All others (7 hotels)<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:12.9%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20% - 50%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:53.68%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:11.9%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">52</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.52%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">50</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/><span style="font-size:9pt;">In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018. </span></p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.24%;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 0.25 20000000 19000000 32000000 31000000 52000000 50000000 127000000 61000000 9000000 7000000 7000000 961000000 955000000 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 6: Debt</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Debt balances and associated interest rates as of September 30, 2019 were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.94%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Principal balance as of</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Interest Rate</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">at September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Maturity Date</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.94%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SF CMBS Loan</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.11%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">November 2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">HHV CMBS Loan</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.20%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">November 2026</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Mortgage loans<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Average rate of</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.28%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020 to 2026<sup style="font-size:85%;line-height:120%;vertical-align:top">(3)</sup></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">517</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2016 Term Loan<sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">L + 1.45%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">December 2021</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019 Term Facility</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">L + 1.40%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">September 2024</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">850</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revolving credit facility<sup style="font-size:85%;line-height:120%;vertical-align:top">(4)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">L + 1.50%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">December 2021<sup style="font-size:85%;line-height:120%;vertical-align:top">(3)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financing lease obligations</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3.07%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021 to 2022</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,118</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,958</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Add: unamortized premium</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Less: unamortized deferred financing costs and</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">   discount</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(21</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(10</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,100</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,948</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis.</p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021. </p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(3)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>Assumes the exercise of all extensions that are exercisable solely at our option.</p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(4)</sup></span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>$1 billion available.</p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.24%;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">New Term Facility</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In advance of the Merger, in August 2019, the Company, our Operating Company and Domestic entered into a delayed draw term loan agreement (the “2019 Term Facility”) with Bank of America, N.A. as administrative agent, and certain other financial institutions party thereto as lenders. The 2019 Term Facility provided for $950 million unsecured delayed draw term loan commitments to fund the Merger. The 2019 Term Facility included a $100 million two-year delayed draw term loan tranche, which was unfunded and the commitments thereunder terminated on September 18, 2019, and a $850 million five-year delayed draw term loan tranche, which has a scheduled maturity date of August 2024. On September 18, 2019, the five-year tranche was fully drawn to fund the Merger. The 2019 Term Facility agreement includes the option to increase the size of the 2019 Term Facility and enter into additional incremental term loan credit facilities, subject to certain limitations and obtaining additional commitments, in an aggregate amount not to exceed $400 million for all such increases.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Borrowings from the 2019 Term Facility bear interest at variable rates at our option, based upon either a base rate or LIBOR rate, plus an applicable margin based on our leverage ratio. Beginning in August 2019, we accrued an unused commitment fee equal to 0.25% per annum of the undrawn portion of the 2019 Term Facility, which was paid on September 18, 2019 when the 2019 Term Facility was fully drawn. Additionally, we incurred upfront financing fees of $9 million associated with the 2019 Term Facility, of which $1 million was expensed in connection with the terminated commitments. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The 2019 Term Facility agreement contains certain financial covenants relating to our maximum leverage ratio, minimum fixed charge coverage ratio, maximum secured leverage ratio, maximum unsecured indebtedness to unencumbered asset value and minimum unencumbered adjusted net operating income to unsecured interest coverage. If an event of default exists, we generally are not permitted to make distributions to stockholders, other than those required to qualify for and maintain REIT status and certain other limited exceptions. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In connection with the Merger, we assumed Chesapeake’s interest rate swap, which is designated as a cash flow hedge, to hedge the interest rate risk on a portion of the 2019 Term Facility.  The interest rate swap requires us to pay fixed interest of 1.86% per annum maturing on April 21, 2022 on a notional amount of $225 million, in exchange for floating rate interest equal to one-month LIBOR.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">CMBS and Mortgage Loans</span></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We are required to deposit with lenders certain cash reserves for restricted uses. As of September 30, 2019 and December 31, 2018, our condensed consolidated balance sheets included $18 million and $15 million of restricted cash, respectively, related to our CMBS loans and mortgage loans.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Debt Maturities</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The contractual maturities of our debt, assuming the exercise of all extensions that are exercisable solely at our option, as of September 30, 2019 were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.12%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Year</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.86%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">759</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2022</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">97</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">827</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.12%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Thereafter<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,413</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.12%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,118</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/><span style="font-size:9pt;">Assumes the exercise of all extensions that are exercisable solely at our option.</span></p></td></tr></table></div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Debt balances and associated interest rates as of September 30, 2019 were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.94%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Principal balance as of</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Interest Rate</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">at September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Maturity Date</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.94%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SF CMBS Loan</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.11%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">November 2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">HHV CMBS Loan</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.20%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">November 2026</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Mortgage loans<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Average rate of</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.28%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020 to 2026<sup style="font-size:85%;line-height:120%;vertical-align:top">(3)</sup></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">517</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2016 Term Loan<sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">L + 1.45%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">December 2021</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019 Term Facility</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">L + 1.40%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">September 2024</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">850</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revolving credit facility<sup style="font-size:85%;line-height:120%;vertical-align:top">(4)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">L + 1.50%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">December 2021<sup style="font-size:85%;line-height:120%;vertical-align:top">(3)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financing lease obligations</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3.07%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021 to 2022</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,118</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,958</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:41.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Add: unamortized premium</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.2%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Less: unamortized deferred financing costs and</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">   discount</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(21</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(10</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:41.22%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:15.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:13.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,100</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,948</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis.</p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021. </p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(3)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>Assumes the exercise of all extensions that are exercisable solely at our option.</p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(4)</sup></span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/>$1 billion available.</p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.24%;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 0.0411 2023-11 725000000 725000000 0.0420 2026-11 1275000000 1275000000 517000000 207000000 2021-12 750000000 750000000 2024-09 850000000 0.0307 1000000 1000000 4118000000 2958000000 3000000 21000000 10000000 4100000000 2948000000 310000000 1000000000 950000000 -100000000 850000000 400000000 0.0025 9000000 1000000 0.0186 2022-04-21 225000000 18000000 15000000 <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The contractual maturities of our debt, assuming the exercise of all extensions that are exercisable solely at our option, as of September 30, 2019 were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.12%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Year</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.86%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">759</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2022</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">97</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.12%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">827</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.12%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Thereafter<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,413</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.12%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.86%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4,118</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top"/><span style="font-size:9pt;">Assumes the exercise of all extensions that are exercisable solely at our option.</span></p></td></tr></table></div> 2000000 20000000 759000000 97000000 827000000 2413000000 4118000000 <p style="margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 7: Fair Value Measurements and Derivative Instruments</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We did not elect the fair value measurement option for our financial assets or liabilities.  The fair value of our debt and the hierarchy level we used to estimate fair values are shown below:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:44.78%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:7.94%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:19.98%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:19.98%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:44.78%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Hierarchy</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Level</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Carrying</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Amount</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Carrying</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Amount</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="14" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.06%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Liabilities:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SF CMBS Loan</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">743</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">706</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">HHV CMBS Loan</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,330</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,214</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2016 Term Loan</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">732</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019 Term Facility</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">850</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">850</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Mortgage loans</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">517</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">522</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">201</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The fair value of the interest rate swap we assumed in the Merger is measured on a recurring basis and classified within Level 2 of the fair value hierarchy as it is valued using a third-party pricing model which contain inputs that are derived from observable market data.  Where possible, the values produced by the pricing model are verified to market prices. Valuation models require a variety of inputs, including contractual terms, market prices, yield curves, credit spreads, measures of volatility and correlations of such inputs. As of September 30, 2019, the fair value of our interest rate swap liability was $2 million, which is included within <span style="font-style:italic;">other liabilities</span> on our condensed consolidated balance sheet.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The fair values of our other financial instruments are estimated to be equal to their carrying amounts.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> The fair value of our debt and the hierarchy level we used to estimate fair values are shown below: <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:44.78%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:7.94%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:19.98%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:19.98%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:44.78%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Hierarchy</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Level</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Carrying</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Amount</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Carrying</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Amount</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.08%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:8.94%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="14" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:42.06%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Liabilities:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SF CMBS Loan</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">743</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">725</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">706</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">HHV CMBS Loan</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,330</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,275</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,214</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2016 Term Loan</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">750</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">732</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019 Term Facility</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">850</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">850</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:44.78%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Mortgage loans</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">517</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">522</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.08%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:7.94%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">201</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> 725000000 743000000 725000000 706000000 1275000000 1330000000 1275000000 1214000000 750000000 750000000 750000000 732000000 850000000 850000000 517000000 522000000 207000000 201000000 2000000 <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 8: Leases</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We lease hotel properties, land and equipment under operating and financing leases.  We are subject to ground leases on 16 of our consolidated properties, 3 of which were acquired as part of the Merger. Our leases expire, including options under lessor control, at various dates through 2083, with varying renewal options, and the majority expire before 2034.  </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our operating leases may require minimum rent payments, variable rent payments based on a percentage of revenue or income or rent payments equal to the greater of a minimum rent or variable rent. In addition, we may be required to pay some, or all, of the capital costs for property and equipment in the hotel during the term of the lease.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The maturities of our non-cancelable operating lease liabilities, due in each of the next five years and thereafter as of September 30, 2019, were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.82%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Operating</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Leases</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Year</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.82%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2022</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">26</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Thereafter</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">414</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total minimum rent payments</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">544</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Less: imputed interest</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">260</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total operating lease liabilities</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">284</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of September 30, 2019 the weighted average remaining operating lease term was 25.7 years and the weighted average discount rate used to determine the operating lease liabilities was 5.4%.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The components of rent expense, which are primarily included in <span style="font-style:italic;">other property-level expenses </span>in our condensed consolidated statements of comprehensive income, supplemental cash flow and non-cash information for all operating leases were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.48%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Three Months Ended</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.3%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Nine Months Ended</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:65.18%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.48%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.3%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="8" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:33.12%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating lease expense</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">21</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Variable lease expense</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating cash flows for operating leases</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Right-of-use assets obtained in exchange for lease obligations<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">65</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">278</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-bottom:0pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><span style="font-size:9pt;">For the nine months ended September 30, 2019, balance represents right-of-use assets recognized upon adoption of ASC 842, </span><span style="font-style:italic;font-size:9pt;">Leases,</span><span style="font-size:9pt;"> on January 1, 2019, and right-of-use assets assumed in connection with the Merger. </span> <span style="font-size:9pt;">For the three months ended September 30, 2019, balance represents right-of-use assets assumed in connection with the Merger. </span></p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;"> </p> 16 3 2083 2034 <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The maturities of our non-cancelable operating lease liabilities, due in each of the next five years and thereafter as of September 30, 2019, were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.82%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Operating</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Leases</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Year</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.82%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2021</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2022</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2023</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">26</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Thereafter</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">414</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.22%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total minimum rent payments</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">544</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Less: imputed interest</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">260</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:80.22%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total operating lease liabilities</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.94%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.82%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">284</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> 8000000 32000000 32000000 32000000 26000000 414000000 544000000 260000000 284000000 P25Y8M12D 0.054 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The components of rent expense, which are primarily included in <span style="font-style:italic;">other property-level expenses </span>in our condensed consolidated statements of comprehensive income, supplemental cash flow and non-cash information for all operating leases were:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.48%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Three Months Ended</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.3%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Nine Months Ended</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:65.18%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.48%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.3%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="8" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:33.12%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating lease expense</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">21</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Variable lease expense</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating cash flows for operating leases</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:65.18%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Right-of-use assets obtained in exchange for lease obligations<sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.48%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">65</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.3%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">278</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-bottom:0pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><span style="font-size:9pt;">For the nine months ended September 30, 2019, balance represents right-of-use assets recognized upon adoption of ASC 842, </span><span style="font-style:italic;font-size:9pt;">Leases,</span><span style="font-size:9pt;"> on January 1, 2019, and right-of-use assets assumed in connection with the Merger. </span> <span style="font-size:9pt;">For the three months ended September 30, 2019, balance represents right-of-use assets assumed in connection with the Merger. </span></p></td></tr></table></div> 7000000 21000000 4000000 11000000 7000000 20000000 65000000 278000000 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 9: Income Taxes</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We are treated as a REIT for U.S. federal income tax purposes, and we have been organized and operated, and expect to continue to be organized and operate in a manner to qualify as a REIT. To qualify as a REIT, we must satisfy requirements related to, among other things, the real estate qualification of sources of our income, the real estate composition and values of our assets, the amounts we distribute to our stockholders annually and the diversity of ownership of our stock. To the extent we continue to remain qualified as a REIT, we generally will not be subject to U.S. federal income tax on taxable income generated by our REIT activities that we distribute annually to our stockholders. Accordingly, no provision for U.S. federal income taxes has been included in our accompanying condensed consolidated financial statements for the three and nine months ended September 30, 2019 and 2018 related to our REIT activities, other than taxes associated with built-in gains related to our assets owned at the date of our spin-off including the remeasurement of associated deferred tax assets and liabilities.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We will be subject to U.S. federal income tax on taxable sales of built-in gain property (representing property with an excess of fair value over tax basis held by us on January 4, 2017) during the five-year period following the date of our spin-off. In addition, we are subject to non-U.S. income tax on foreign held REIT activities. Further, our taxable REIT subsidiaries (“TRSs”) are generally subject to U.S. federal, state and local, and foreign income taxes (as applicable).  Income tax expense during the nine months ended September 30, 2019 is primarily related to taxable income from our TRSs.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 0 0 0 0 <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 10: Share-Based Compensation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We issue equity-based awards to our employees pursuant to the 2017 Omnibus Incentive Plan (“2017 Employee Plan”) and our non-employee directors pursuant to the 2017 Stock Plan for Non-Employee Directors (“2017 Director Plan”). The 2017 Employee Plan provides that a maximum of 8,000,000 shares of our common stock may be issued, and as of September 30, 2019, 5,496,016 shares of common stock remain available for future issuance. The 2017 Director Plan provides that a maximum of 450,000 shares of our common stock may be issued, and as of September 30, 2019, 297,344 shares of common stock remain available for future issuance. For both the three months ended September 30, 2019 and 2018, we recognized $4 million of share-based compensation expense, and<span style="color:#808080;"> </span>$12 million for both the nine months ended September 30, 2019 and 2018. As of September 30, 2019, unrecognized compensation expense was $20 million, which is expected to be recognized over a weighted-average period of 1.4 years. </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Restricted Stock Awards</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Restricted Stock Awards (“RSAs”) generally vest in annual installments between one and three years from each grant date. The following table provides a summary of RSAs for the nine months ended September 30, 2019: </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Number of Shares</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Weighted-Average</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Grant Date</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at January 1, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">585,106</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">26.89</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Granted</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">298,329</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31.31</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vested</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(308,094</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">27.00</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Forfeited</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(12,615</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">29.96</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at September 30, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">562,726</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">29.10</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Performance Stock Units</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Performance Stock Units (“PSUs”) generally vest at the end of a three-year performance period and are subject to the achievement of a market condition based on a measure of our total shareholder return relative to the total shareholder return of the companies that comprise the FTSE Nareit Lodging Resorts Index (that have a market capitalization in excess of $1 billion as of the first day of the applicable performance period). The number of PSUs that may become vested ranges from zero to 200% of the number of PSUs granted to an employee, based on the level of achievement of the foregoing performance measure. The following table provides a summary of PSUs for the nine months ended September 30, 2019:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:67.08%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.86%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Number of Shares</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.86%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Weighted-Average</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Grant Date</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:67.08%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at January 1, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">537,936</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31.16</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:67.08%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Granted</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">314,858</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">34.28</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:67.08%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vested</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(277,325</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31.25</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:67.08%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Forfeited</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(672</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">42.05</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:67.08%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at September 30, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">574,797</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32.82</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The grant date fair values of these awards were determined using a Monte Carlo simulation valuation model with the following assumptions:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Expected volatility<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.68%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19.5% - 21.5%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Dividend yield<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></span></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.68%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Risk-free rate</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.68%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.8% - 2.4%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Expected term</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.68%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3 years</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;">Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%.</p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;">Dividends are assumed to be reinvested in shares of our common stock and dividends will not be paid unless shares vest.</p></td></tr></table></div> 8000000 5496016 450000 297344 4000000 4000000 12000000 12000000 20000000 P1Y4M24D <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Restricted Stock Awards (“RSAs”) generally vest in annual installments between one and three years from each grant date. The following table provides a summary of RSAs for the nine months ended September 30, 2019: </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Number of Shares</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.88%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Weighted-Average</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Grant Date</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at January 1, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">585,106</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">26.89</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Granted</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">298,329</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31.31</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.98%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vested</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(308,094</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.62%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">27.00</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Forfeited</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(12,615</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">29.96</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.98%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at September 30, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">562,726</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.62%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.88%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">29.10</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> 585106 26.89 298329 31.31 308094 27.00 12615 29.96 562726 29.10 1000000000 zero to 200% 200% The following table provides a summary of PSUs for the nine months ended September 30, 2019: <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:67.08%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.86%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Number of Shares</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.86%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Weighted-Average</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Grant Date</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fair Value</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:67.08%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at January 1, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">537,936</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31.16</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:67.08%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Granted</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">314,858</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">34.28</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:67.08%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vested</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(277,325</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.58%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31.25</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:67.08%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Forfeited</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(672</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">42.05</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:67.08%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested at September 30, 2019</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">574,797</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.58%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.86%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32.82</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> 537936 31.16 314858 34.28 277325 31.25 672 42.05 574797 32.82 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The grant date fair values of these awards were determined using a Monte Carlo simulation valuation model with the following assumptions:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Expected volatility<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.68%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19.5% - 21.5%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Dividend yield<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></span></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.68%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Risk-free rate</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.68%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.8% - 2.4%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:80.34%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Expected term</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.94%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.68%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3 years</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;">Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%.</p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(2)</sup></span></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;">Dividends are assumed to be reinvested in shares of our common stock and dividends will not be paid unless shares vest.</p></td></tr></table></div> P3Y 0.205 <p id="EPS" style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 11: Earnings Per Share</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents the calculation of basic and diluted earnings per share (“EPS”):</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.32%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Three Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.72%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Nine Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.02%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.02%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.72%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.72%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.32%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions, except per share amounts)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.72%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions, except per share amounts)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Numerator:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to stockholders</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">52</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">183</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">418</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.38%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Earnings allocated to participating securities</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to stockholders, net of earnings</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">   allocated to participating securities</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">52</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">182</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">417</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Denominator:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average shares outstanding – basic</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">206</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">200</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">203</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">204</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested restricted shares</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average shares outstanding – diluted</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">201</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">204</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">205</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Basic EPS<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.02</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.26</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.90</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.04</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Diluted EPS<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.02</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.26</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.90</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.04</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;">Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented. </p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain of our outstanding equity awards were excluded from the above calculation of EPS for the three and nine months ended September 30, 2019 and 2018 because their effect would have been anti-dilutive. </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents the calculation of basic and diluted earnings per share (“EPS”):</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.32%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Three Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.72%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Nine Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.02%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.02%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.72%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.72%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.32%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions, except per share amounts)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.72%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions, except per share amounts)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Numerator:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to stockholders</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">52</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">183</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">418</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.38%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Earnings allocated to participating securities</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to stockholders, net of earnings</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">   allocated to participating securities</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">52</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">182</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">417</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Denominator:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average shares outstanding – basic</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">206</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">200</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">203</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">204</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unvested restricted shares</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average shares outstanding – diluted</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">207</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">201</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">204</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">205</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Basic EPS<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.02</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.26</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.90</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.04</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.38%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Diluted EPS<span style="font-size:9pt;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.02</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.02%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.26</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.90</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.72%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.04</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-top:0pt;margin-right:80.77%;text-indent:0%;font-size:6pt;font-family:Times New Roman;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%;line-height:120%;vertical-align:top">(1)</sup></span></p></td> <td valign="top"> <p style="margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:9pt;">Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented. </p></td></tr></table></div> 5000000 52000000 183000000 418000000 1000000 1000000 5000000 52000000 182000000 417000000 206000000 200000000 203000000 204000000 1000000 1000000 1000000 1000000 207000000 201000000 204000000 205000000 0.02 0.26 0.90 2.04 0.02 0.26 0.90 2.04 <p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 12: Business Segment Information</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of September 30, 2019, we have two operating segments, our consolidated hotels and unconsolidated hotels. Our unconsolidated hotels operating segment does not meet the definition of a reportable segment, thus our consolidated hotels is our only reportable segment. We evaluate our consolidated hotels primarily based on hotel adjusted earnings before interest expense, taxes and depreciation and amortization (“EBITDA”). Hotel Adjusted EBITDA is calculated as EBITDA from hotel operations, adjusted to exclude:</p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Gains or losses on sales of assets for both consolidated and unconsolidated investments;</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Gains or losses on foreign currency transactions;</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Share-based compensation expense;</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Non-cash impairment losses; and</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:5.24%;white-space:nowrap" valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:'Times New Roman';font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="margin-top:6pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Other items that we</span><span style="color:#000000;font-family:Times New Roman;"> believe are not representative of our current or future operating performance.</span></p></td></tr></table></div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and Hotel Adjusted EBITDA to net income:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.02%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Three Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.02%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Nine Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="14" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:48.24%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Revenues:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total consolidated hotel revenue</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">650</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">633</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,975</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,998</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other revenues</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">22</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">59</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">53</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:27.35pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total revenues</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">672</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">652</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,034</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,051</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:27.35pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hotel Adjusted EBITDA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">183</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">171</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">573</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">573</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other revenues</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">22</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">59</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">53</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Casualty (loss) gain and impairment loss, net</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(8</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(8</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Depreciation and amortization expense</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(61</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(69</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(184</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(208</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Corporate general and administrative expense</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(14</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(16</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(47</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(47</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Acquisition costs</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(59</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(65</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other operating expenses</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(23</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(19</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(61</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(54</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Gain on sales of assets, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">98</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Interest income</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Interest expense</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(33</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(32</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(98</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(94</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Equity in earnings from investments in affiliates</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">18</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">16</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Loss on foreign currency transactions</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(4</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Income tax expense</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(12</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(13</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other gain (loss), net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other items</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(9</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(9</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Net income</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">55</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">190</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">422</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents total assets for our consolidated hotels, reconciled to consolidated amounts:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.26%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.26%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.26%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.6%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:31.12%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.26%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Consolidated hotels</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.6%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,551</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.6%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9,305</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.26%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All other</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">69</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">58</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.26%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,620</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9,363</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;"> </p> 2 <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and Hotel Adjusted EBITDA to net income:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.02%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Three Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:23.02%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Nine Months Ended September 30,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.4%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="14" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:48.24%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Revenues:</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total consolidated hotel revenue</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">650</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">633</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,975</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,998</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other revenues</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">22</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">59</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">53</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:27.35pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total revenues</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">672</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">652</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,034</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2,051</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:27.35pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Hotel Adjusted EBITDA</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">183</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">171</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">573</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">573</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other revenues</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">22</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">59</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">53</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Casualty (loss) gain and impairment loss, net</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(8</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(8</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Depreciation and amortization expense</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(61</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(69</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(184</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(208</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Corporate general and administrative expense</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(14</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(16</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(47</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(47</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Acquisition costs</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(59</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(65</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other operating expenses</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(23</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(19</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(61</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(54</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Gain on sales of assets, net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">20</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">98</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Interest income</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Interest expense</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(33</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(32</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(98</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(94</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Equity in earnings from investments in affiliates</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">18</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">16</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Loss on foreign currency transactions</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(4</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Income tax expense</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">—</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(12</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(13</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:49.54%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other gain (loss), net</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other items</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(3</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(5</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(9</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(9</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:49.54%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Net income</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">55</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">190</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.2%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:9.4%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">422</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 650000000 633000000 1975000000 1998000000 22000000 19000000 59000000 53000000 672000000 652000000 2034000000 2051000000 183000000 171000000 573000000 573000000 22000000 19000000 59000000 53000000 8000000 -1000000 8000000 -1000000 61000000 69000000 184000000 208000000 14000000 16000000 47000000 47000000 59000000 65000000 23000000 19000000 61000000 54000000 1000000 2000000 20000000 98000000 2000000 2000000 5000000 4000000 33000000 32000000 98000000 94000000 3000000 4000000 18000000 16000000 -2000000 -1000000 -2000000 -4000000 12000000 13000000 1000000 -2000000 1000000 106000000 3000000 5000000 9000000 9000000 9000000 55000000 190000000 422000000 <p style="margin-top:2pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents total assets for our consolidated hotels, reconciled to consolidated amounts:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.26%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.26%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.26%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December 31, 2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.26%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.6%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="6" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:31.12%;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in millions)</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:66.26%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Consolidated hotels</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.6%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,551</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.6%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9,305</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.26%; border-bottom:solid 0.75pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All other</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">69</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">58</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:66.26%; border-bottom:double 2.5pt transparent;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,620</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.6%; border-bottom:double 2.5pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.26%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9,363</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> 11551000000 9305000000 69000000 58000000 11620000000 9363000000 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 13: Commitments and Contingencies</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We expect that insurance proceeds, excluding any applicable insurance deductibles, will be sufficient to cover a significant portion of the property damage to our two hotels in Key West, Florida and the Caribe Hilton from Hurricanes Irma and Maria in September 2017 and the resulting loss of business. We have recognized a total loss of $22 million representing losses up to the amount of our deductibles and additional amounts not expected to be recovered from insurance<span style="color:#000000;">. The amount of expected insurance proceeds could change as more information becomes available about the nature and extent of damage. </span>Any gain resulting from insurance proceeds, including those for business interruption, will not be recognized until all contingencies have been resolved.  </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of September 30, 2019, we had outstanding commitments under third-party contracts of approximately $68 million for capital expenditures at certain hotels. Our contracts contain clauses that allow us to cancel all or some portion of the work. If cancellation of a contract occurred, our commitment would be any costs incurred up to the cancellation date, in addition to any costs associated with the discharge of the contract.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We may make certain indemnifications or guarantees to select buyers of our hotels as part of the sale process. In addition, losses related to certain contingent liabilities could be apportioned to us under the distribution and tax matters agreements related to the spin-off transaction.  </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We are involved in litigation arising from the normal course of business, some of which includes claims for substantial sums. We are also involved in litigation that is not in the ordinary course of business, and we are indemnified from certain of these claims under the distribution agreement with Hilton. While the ultimate results of claims and litigation relating to assets retained by Hilton in connection with the spin-off cannot be predicted with certainty, we expect that the ultimate resolution of all pending or threatened claims and litigation as of </span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">September 30, 2019</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> will not have a material effect on our condensed consolidated results of operations, financial position or cash flows.</span></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Following the May 6, 2019 announcement that we and Chesapeake had entered into the Merger Agreement, two purported shareholder class actions were filed in the United States District Court for the District of Delaware captioned: Kent v. Chesapeake Lodging Trust, et al., No. 1:19-cv-01201 (D.Del.) (filed June 25, 2019) (the “Kent Action”) and <span style="font-style:italic;">Terlinden v. Chesapeake Lodging Trust, et al</span>., No. 1;19-cv-01263 (D.Del.) (filed July 8, 2019). The complaint in each case alleged purported violations of the federal securities laws and named as defendants Chesapeake, the individual members of the Chesapeake board of trustees, the Company, Domestic and Merger Sub. The plaintiffs alleged that Chesapeake and the individual defendants violated Section 14(a) of the Exchange Act, and Rule 14a-9 promulgated thereunder, by providing inadequate disclosure regarding the proposed merger in the Form S-4 Registration Statement filed with the SEC on June 14, 2019 (the “Registration Statement”). The plaintiffs also alleged that the individual defendants, the Company, Domestic and Merger Sub violated Section 20(a) of the Exchange Act. Plaintiffs sought, among other things, to enjoin or rescind the merger, an award of damages in the event the merger was consummated and an award of costs and attorneys’ fees. While we believe that these claims were without merit, in order to avoid the risk of these claims delaying or adversely affecting the Merger, to minimize the costs, risks and uncertainties inherent in litigation, and without admitting any liability or wrongdoing, Chesapeake agreed to amend and supplement the definitive proxy statement filed with the SEC on July 26, 2019 in connection with the Merger in a Current Report on Form 8-K filed with the SEC on September 3, 2019. The plaintiffs in these actions subsequently dismissed each case with prejudice as to the named plaintiffs only. The cases are now closed.</p> 2 22000000 68000000 2 <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 14: Subsequent Events</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In November 2019, we executed agreements to sell the Ace Hotel and Theater Downtown Los Angeles for a sales price of $117 million and the Hilton São Paulo Morumbi for a sales price of approximately $125 million. Both of these hotel sales will be payable in cash at closing and are subject to customary closing adjustments.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In October 2019, we executed an agreement to terminate the ground lease on the Hilton Sheffield Hotel. The termination is expected to occur prior to January 31, 2020.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> 117000000 125000000 Hotels were sold as a portfolio in the same transaction. Assumes the exercise of all extensions that are exercisable solely at our option. Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented. Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%. In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018. Includes $310 million of mortgage loans assumed in connection with the Merger, all of which require payments of principal and interest on a      monthly basis. The 2016 Term Loan was entered into in December 2016, with a maturity date of December 2021. $1 billion available. Dividends declared per common share were $0.45 for the three months ended March 31, 2019, June 30, 2019 and September 30, 2019. Dividends declared per common share were $0.43 for the three months ended March 31, 2018, June 30, 2018 and September 30, 2018. An additional special cash dividend of $0.45 per common share was declared for the three months ended June 30, 2018. XML 65 R6.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities:    
Net income $ 190 $ 422
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 184 208
Gain on sales of assets, net (20) (98)
Casualty loss (gain) and impairment loss, net 8 (1)
Equity in earnings from investments in affiliates (18) (16)
Loss on foreign currency transactions 2 4
Other gain, net (1) (106)
Share-based compensation expense 12 12
Amortization of deferred financing costs 3 3
Distributions from unconsolidated affiliates 16 12
Deferred income taxes   (3)
Changes in operating assets and liabilities (27) (142)
Net cash provided by operating activities 349 295
Investing Activities:    
Acquisitions, net of cash and restricted cash acquired (913)  
Capital expenditures for property and equipment (182) (133)
Proceeds from asset dispositions, net 230 369
Proceeds from the sale of investments in affiliates, net   150
Insurance proceeds for property damage claims 10 87
Net cash (used in) provided by investing activities (855) 473
Financing Activities:    
Borrowings under credit facilities 850  
Payments of deferred financing costs (11)  
Dividends paid (382) (379)
Distributions to noncontrolling interests (5) (1)
Tax withholdings on share-based compensation (7) (2)
Repurchase of common stock   (348)
Net cash provided by (used in) financing activities 445 (730)
Effect of exchange rate changes on cash and cash equivalents and restricted cash   (2)
Net (decrease) increase in cash and cash equivalents and restricted cash (61) 36
Cash and cash equivalents and restricted cash, beginning of period 425 379
Cash and cash equivalents and restricted cash, end of period 364 415
Non-cash investing activities:    
Transfer of property and equipment to Hilton Grand Vacations   3
Non-cash financing activities:    
Issuance of common shares in connection with the acquisition of Chesapeake Lodging Trust 978  
Assumption of mortgage loans in connection with acquisitions 311  
Dividends declared but unpaid $ 107 $ 86
XML 66 R12.htm IDEA: XBRL DOCUMENT v3.19.3
Property and Equipment
 9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 4: Property and Equipment

Property and equipment were:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Land

 

$

3,594

 

 

$

3,344

 

Buildings and leasehold improvements

 

 

7,300

 

 

 

5,616

 

Furniture and equipment

 

 

1,133

 

 

 

949

 

Construction-in-progress

 

 

106

 

 

 

124

 

 

 

 

12,133

 

 

 

10,033

 

Accumulated depreciation and amortization

 

 

(2,147

)

 

 

(2,058

)

 

 

$

9,986

 

 

$

7,975

 

 

Depreciation of property and equipment was $60 million and $66 million, respectively, during the three months ended September 30, 2019 and 2018, and $182 million and $205 million during the nine months ended September 30, 2019 and 2018, respectively.

 

Hurricanes Irma and Maria

 

In September 2017, Hurricanes Irma and Maria caused damage and disruption at certain of our hotels in Florida and the Caribe Hilton in Puerto Rico. The Caribe Hilton remained closed throughout 2018 and reopened on May 15, 2019. Our insurance coverage provides us with reimbursement for the replacement cost for the damage to these hotels, which includes certain clean-up and repair costs, exceeding the applicable deductibles, in addition to loss of business.

 

During the nine months ended September 30, 2019, we recognized $23 million of insurance recoveries, of which $12 million related to property damage, $8 million related to business interruption, and $3 million related to expense reimbursements. Business interruption proceeds are included within ancillary hotel revenue in our condensed consolidated statements of comprehensive income. Additionally, we recognized a net loss of $7 million within casualty loss (gain) and impairment loss, net in our condensed consolidated statements of comprehensive income for amounts not expected to be recovered from insurance. The insurance receivable as of September 30, 2019 and December 31, 2018 was $5 million and $25 million, respectively, and is included within other assets in our condensed consolidated balance sheets.  

 

During the nine months ended September 30, 2018, we incurred $32 million of expenses, and based upon additional information obtained during the period, we recognized an additional loss of $22 million for property and equipment that was damaged during the hurricanes. These amounts were offset by the recognition of an insurance receivable of $54 million.  Additionally, we received $108 million of insurance proceeds, of which $15 million related to business interruption and $6 million related to expense reimbursements.  

ZIP 67 0001564590-19-041763-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001564590-19-041763-xbrl.zip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�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

;%\6?^4'?[$+@U]!H 9_,NH%PI M=L\WGYFF?^/O:SK !Y@A5(WT_T>;1.EE=NX]7LXZQ+K$(-LRVE:GI_WOAAS&O'\0..HM1*;#E;%>JF9\U$ M&F@@&\\WSV;SXE'V$6E/'_X.*:1>&#:Y&R>=5VX M\U#23H#KF>L5T!,*(FOV/M^ZF/1,$T 5[,\Z()Z51>,T6[#4*L@<:)*NKI9C M#$L.:[Q]>O?]5?"5)Y%KO7U*J1J*H.ZY$I)88L[/!5J3"'F23RRH4#7SKD4: MK-3P"ELC*2/^EM)RRMPTF 67O,\%SQT%^T: E$W,MMCE9-^&R%PL,? !+GF: M1N(,K6WY/BWUK-@R#=FT?,ZNA,@P7K*[Q\@C?\,>&X=0'>\[=HIO_BC>Q&VH M3Z^LP6_>OE^4TG0'Y;E23%._QP[EK8?Q3I'@(Y74[%2TY&[&G][GA>OE&FV< MWMOF(K"](;R1 M:QS:I]/VANFFP)9MD'?RL[['5X99(=LUXFUL)[$*=HMY4[L>V&#MY!=]DGV< MFU_%J2/0U_>JT;C1K_$3"K#UW:OC!KO*JYPC_=;.Y\Q,XRP?C1#(3[>H#N2A M\:X<_W>3H:3'4&H(IPK [7P7L >U43HT+["W_4+5XYN!)'?DV+[7?X4.LA-1 M.]]K;3J0P-+N2[%%(A;5D6PFWA>SW9IIA[1*+5POMMD'T( RI]Q#(ZCA0%86&XHG2VV/A.A&LE!S*D M\)IU\0JO[5D >I&NZX0@,-5W-=F,*:1WAGC-5[^6?\RZZ!"ZMXBUL3LH 5T; MT[V-Q#KHMS&.^8ST=!KT9P.LDSW!IA]$TUK(][(3*Z+=9$Q7Y,H?S,T,70_I M!HSB77.[W6S0)I=4ND6G0-!.%Q"LY6E1#U1IQRK>D+?;#Z2\'Y-?KF[C*]Y) MM_,\0UHB%^7A3A=F 9+-1Q8,DE+O;?'HCHJ1)BPJ+8<- M-QJ6>YI9GGTY>E,#E!(S\%" E,=4/P3 .:F/8;S%SYGKDM34N$/$O?&W91$) MDT_[3-[CU!+$#SAX)@Y.I\6+.!9^0@4L_KKGI?<]Q72YW9/9/%4S^BT090MP?OA$/:/A6^-O58VB%B'S%_\Q=D9M72,7+G M.$Z\BI-4IBJ%!3XM %$3<[S'$6+[P\V>6$O/;+PTW M-CR\CEMV.*PCV'_P%#1Q6KU*XC5H.X-7#?NZ#)GRPR> >CT.H&J%V4%KC0/! M*_"R.XVA_N*BM1>KP,C.*#P8HP;E*5!':3 MX)(PGP5<=LLP@ )1<).(=M%V)J-).)CV<] TN,P$JJ=CRD2OQ;;>!2L0TZZ] M'BUBDGYXT;?\[72$I2,S K7W$VH&XGRB[?)(S%/U75H;@18X_CSA6/Y^PR_: M3_0S#I[HL6$CEWDB>BMJWT]'B5I9CXD3?5K<,*O*P1K<0?J8P$J?>#]FK"3R M!D6#,GUZFZV0'6RS4WTR_I@QTY=O++H[30<8=9GZ+CKM3(:'[K(,T8=!NS(S MW'IS9:_+(6K:'0CEJ V_YNTN@7^)(^+P21<3 _06P)4.=,S5<+L3@KZW^[#F MKY5Y99HF4P22'6?L8('\O5>M:RZM^@\'< E5,&BB"JPPGKCX M2/*(YEUA^GEW5^2).U&P_2%H7R4D__V(8RR#-;B#'LJ#XO7D.E=_DD M,47:Y3(:O0=Z$%_G*"0A?S^AL+*^^Q"O5BC8L#N!+'PR9VJE'QVN!$C.\A?%6EJ:,+J&>I24!/=+^CY-VN<.D88:!^NSPZMFP&A7.\%V:7N)GV#:7?&# M04F\A#$37>_8."T5M4H21KKV[0RNHHA54>A=^VJ8&I58 =O/^S4B09*P^A$C M_N>TN3BS>W% GAD'/*N,14*QMWVDYU6J3VB[\#C7?+=H,YX MD3\#1RE"0\8-)$X]^],96D6PT1(\V+]X97D4C5-'J7 M-8W3HU(K8;M\R!*>'O""B\;"6Z:P[.E&,H.2&37LFJB)2T>]QVM>S9R\G]W& M&),B9Z36;X\1I?*^2AJ]2Y3&Z5'@FM@N6W@!'HFR ,A%\B3\ OO@T@P).H.2 M+G7\&BHFKAB^I:2!4C95.MW(DXHD A+N73RI 4'55]=V\?40/X7XKY@-=_4, M#F17?3PH077 I DE86],-96GFH@116=O>"5%IY)&[Y*D<7I4:B5LEP]M"BR- MEZA:6ZIJLF2UNO]7RL8F_5\ED0:G;:;V@AW9O'VOA\(P68ADA?+VP)AX#&ZS!OI,KY33P\,7:W*8:,P32#*&\Y=(X\ MQ';TPQ)C7E(JWH!HV^F@%_9,MDDH; (F&*YY=*D09%+K8P,E;<03DB_D]G6/ MO[%[X[*U83<*=L_"$$B)>&D)71C&*^PF1Z+E'M(T-+A>,S=0 M?Z<1]GAKXCD3^'1;B6AK%>WG>RS& !1H M\,4R%FM ?<<:U&IL-RG*^NLHV!+-9 9E1-2PVV?'';T=A:8^0L?41VA$D;WV M?6\4))3N00;HC\T\:<2OJL59+L\S:F)F389!FUB)K](MCNAMCV>X**I[,-!R9P= M!DTU#..M(-3UPDH29AJ>[30"2WC)PIV;[86_:3,W!?)3HS=-C=Y:K<)8-&$9 M^"H.J.V*;GDC*(5K0X;0H*Z16H;!N5RY!770+NCL&PK<.QPDJ1!,(4G^''(E M)3T"/-MD+?([P7E>78QLUN?RB2:N2ESD-9G'9Y_P)!UF1K2ZH=J.9!8-T<%J MMR,5$U[$21Y*9TPQ$VOO)]JQZH*/J:':H"IU]3=4ZW;[C$5?Z7)=U$3@6)(? M]2'?U=5L-'MR !T'%531>A*#4D(K6#6J<.SSP,OIG:3TR(LC/246P"&F_H5& M^QU&]=LNV^Y>J3% MC!HE4:4^!C@Q;7^H>_R,_1@GN?J\>AJ[V2D\QPQMT>/_$K,-X*2?G:UX8\"_ MDW\O8-R-2/Q$\V6Y;2.OOFLTVS)&NF53H/6$@ZV[HJ)M/V2";<8T-><+%"[- MS'1WI)[:222CWP7$D9JL)"'P6A7%%9.0^";"*ZEF:=7?@GE@HN)K(DM6V.6) M];^S5>(JSBU9$7:=YL%S[@9$_N8CYOM4DD=%V@I[(@RBPGY@?]K?"^Q'?^:B M\I*N$)'JLE?Z6>?\G7TG4MN@Y"-X@= 2AVB-T5=\2]T%3PX+F*H+6N9Z$CV= M\&U3 RR_U@!B?$);9*ROMW-H34]\T)#V@8PDT-@FY!JSVQ+) M[9?1H59^W5&)"UJ@]LY*U)H.8XD6M7O\7ED'2;6VN8_'P=%Z]<;*35)G'] V MQHP SDZ9U'2ZJDW5')G7=FZI1@.__G(K>A8$5';V"I.!2I?'26!IH-67=5A6 M^2D%JN\G5-7V1,YVN*"73,QJ#AB9Y,UTOHB MW=_WC/,+]D\";'MQ^+41;R?VZ+>/3,7&45*$]@G#.B"7?6[$T[A3:GC#5'\2 M<&?8+0U!KMIZ.N9GDILSZI,HD##/_SU9+*/9_'.(DWP1]5D<$ +[SGGSD-E\ M3U!LKCRK,H?RPG9IJUA"AK] A(V M^SS70X1\EQ>[?%[SM#7V^[^>2FJC9\*N7?F]^!->\1 MM=N!C82[RBM@QA19Q2OY)2GYJ#/>T'<%WG8_ZHJW>RXQ8)SM?-(I7Y D D)P $,7IT40M$4.Y)]F@BS.",+[*]J<'I\[V<'ZY5*(E,M'V$'W5O4%+ M;R[;0^]-:.SJ&#D:# \;T5 7)XH*I>UI#.T4>-ID>XC]:&> 6LIRHV!C4\!F MIXC7?8P;/1.[Q_B-=8"V\P11D$=+I./8>>/"/844Y.44N1H'L80J&*08P19%"T@E8QQ=9A1\8R#)VHGC(6 IP!0^S5C,8#[8>\(^1Q]_X_H"(SX7HS,]>48;$,N"TX77G ;U'$4K[JR7M="Z8 M\4?YB;Y@T/.F,,(<3-OE2,:7E"@;>CK7P=A->M=<$HXJB9(6FUG6\/:]NS3E M=>>U.\CBM1I&I8^7A\(PD;]I9>A%S 2B[VR2#')OVXLE YPSQ81TO(J33J*S M:(D#7C$3X"7V0\8MWUB/-&NTE&TQDI+^[#N%5C\5S_Q);I,A,FZH,;1X5?T3 MC4J?4V\G/I2'&,@IU'S:5#+8MF46O],(>W?,Q)VSO4.WKTHSK>:!"H6H*7]- MBI0)Y)EBFK9,@R;'[GUH-)M4C>/2SXUD"+)SQL/Z?Y!HF5Y[.,CMTFU#.]Y1 MC6G,?\LU;5*E;+)'!A/$3\1'>2%T*G:+W:I!R>0 JD8DUK:_]B/=5GD+T<(D M+&QC-M/J:=VJBL_2NU)H*TFQ%-=?V+_()AUU,NQX.E=U-I=2D&=!AO%NK:%\ MFSG=(P[L1)QVM.5/5:RXO!QO-L]K]#)X;WRA9MJSA_XDM9UXVZ*^ MX??$DW&. _9KH%J&L@\[RU+%R+L*>7,@WD!76$[%9KF?T KS,KMD53>PMFSJ M]/N<\24.G8"L4ZLP8PR4R]MN$#,Z:%[?K%"5+XI_$FZ,D&==D_ZH5*5 M0CV=WM.6I*99^F:+[&+97K/0^HA,[0FG]H13>\+C/+ -"MQ8Z@'D%&+:J+S; MGNPJ9_S06N-,8#3=IU7'4X/=;GL-@#[_"0#O0[:ES6IQSM-*?:#1_[D@% M@IQ?.$?R%SLW(LC+3J'Q 8'>Z&R44O34(D("1;NU;U44V\86/VK,RLRC%\9[<>"<40FH>7 MX_C>SH)(51Q+4S0%6)/26 1K+P-7P&3G>P0*EHEG6J1X3ZET\_^];^"I M[PU3N:7IO2V;$"]-;L3E!G]\PM]F@8>9_G/-5:'E?\8H8"(%E,C;1$1M)YRY M:$'H61S118#6RPOJ;5M#PHGSBT,=?H M[LA7_! %&,/RR5N. 4^!IW$0;5#@_H'")=.@.&)H32+JL9&]3^AY\P_VE["4 M>!!)M7-UX[MD01\04T_P@GY S/!9K56.O30U.)\;MF9\G0+B7).0&5XK)EO^ M8,KK',9A,QTP;__QQT<4,.TMBMBDKP/^4#HSR3_[/(KU%YLWX%4!"#4PG[?L MTX"X!/M%RB#FZDG VXG0#?+ND+=ZH'&T/,?(67XD:$7.'@/R%$5)<($MA-6?EYB_45MZ_BZAX2 '-S3IDUZ6=[F1&, M@/=T'0$U^7&/%]RW\Y&$(3M-YVCSL$9,BV9#$!_!Q8@4N5:<;B%0Y6SW<^6= M?8N^XG!)@7*L\FM%_>42L^LZ4#QE]22FHMBI*'8J;&QGS-<1B/4.0 &JG>J21E#K/+X"QNFV:8"QSHTO*ORFNT;RKJFY ML"TMU=4(HF(43B \W432I[TL)"N G&Z?!B"E ^^V5TGK5I/JTRULKXG6B:9L M>HWM!=,:,87E5PE@IWNI<;.VRKT32$\7EY1WJ3HU4T YW5<-4#9GWXI"]>FZ MDKFN&A.M!:#37=5DD39DU8^EB8+!9ESO[+Q]%.H%Y8MG!'A3)YF]?@';0BA1 M_&< H8$5_^5G]R[ 'ED1'P6;,\^C605V\BAYOJO8UUF[$[[7PC!>::\+U,[1 MT90,ZIMY/[ECHO/-CEA 9Y=K\9) M*0>5[]HW V.*DYYR$Y4G\HGZ3M))(BK\7=(OPL!V W/4[^[C/#"=.(AQ\6_3 M1AP1^T1PWL>.A'#7*XZ,2=ZC(;Q#F^2+Q-#@;%]]7V-?\IU;\SQ9<;)OJ;]X MQ,'J$C^9N$]4&1O0+7-/%LMH-O\8U()KG8[Z=70Z\X Q@\:NP9%4R>^9?#@'J'GUZEZCT.>6R5-U)% MX;(',;K/P-'M,\8U^PO>P.D9>6D+MIYV6 DGQX;FC1\A?T'R7TY$T.,2^9D) MW!>X$HSU>HX++0 E?1(=,S#B#DA3O>]4[SO5^T[UOH.L][6\*ZR9>M_3T45U M==3[GH[N>0L=];ZO['Z(P6 NQIO1[;^J=((N%7_;JU$UOF;3I35J>T'K$):A MS.-B>PULS])FWUUH>W7L(+9YI>O:]J+:P:%?'Z.QO3AW",M1$9JTO:2W9['? M$&RWO=QW"!M?(C^DBV+A]^DR^'C!"QZ.;2',YT-U45P\K8%J1E\7Q1E ET7/-$+>4=0%??91[)+D:6C?Y;>B>Q?0 M:QJLT#4#VW<(\F[\.?\S_["K6J V7!Q?_8_2;/N)^(<99WNO%+?* :@BJIP3 M5*"=D2Y]@AJ4YR-+M*=K)Q2&F[3WZAT*0K)>(W\#\ASB(/,7&BSE Y 56$F+CA!!8JR.Q_"^;ACA(_ MPMMFO7_%Z-L=LR84GM^6H#,]NSL]NSLY,R=GYN3,/!+?B/;W&>V#>8CO,UKJ M(]786%M"6;'==ZK]/8(#552X_>RL;M".8+E5(6"T\Z+2OQ&KK$7;G?@:D6SP M!8REL8+)P)*=UXQ";$3.V3?B+A55P+5P[MH>',DU[K3Z>\W;'Q2[X1_^K4(X MI.T@@PJ *$_&@!,D&_V.ZTM%%H#M_>OIF'#G5%J+; LD0H9=XBMVCLG?:!LC M+F<8,FM]8YI J'+X#P$P#;R)DHG97#"U(0KB1 +?<&@7[&2'X*G4DC$QC^LX M\$G$XZ2^>TV^\W^#SZ*&B!E7*KMTB;_@\=V;U3J@SSCIB@.>1P,A$W.Y1;X+ M83G]_5[/KXK76H)8[PJ;_(3I_GH(GY/=#VDI0=1PRH0]8'?_-27L:B3M6)+S ME'"KO6?'8H$J(=>D;'69T'A0^7ILX.G3T 7,^FZ48=9TZ]VEN]79'3A%AE"= M76;$G[DN2:?4KN9:D?;@72!U7?P^N$"Y\#'WXK_U2! [Y[HLT'1/CSZ5OU')& 'Q?^ _GW+>1(F5C=?(,] MX"CR4D-#[#7(.C=1 N/==%R99A#[$?APPM$(+K,2H#!43 M^.\$LZF_#JB;VF@0M&N(].H7NU4I)Y"A9F)6A?:F\MGC-1\;\0,C+Y'/2XRC M++ZLT)ZBADI?LP WIJBD =?\?(=X'@HV22@:5$E0_FE7J?1WZ;GGNL8##IZ) M@T-8=4 -@8YYG@7; 2%9_>7?FMBAO\=!0!SD8[AD./C42*PNUX^)<_7, ]Q@ MH5!)PHB%DK7VNZ9!0=>_\!!9A>>; ]Z@TD*-OMFRD,I[L44Y2!/-*:HV%/>> M_)J-KQI$\F30MN?=]@(0+=*62EP9MI=WR%Z[M$8ML+UHH\TQKE;^=H_H*^M0 M:U29::,F+^)H=MX/O=(_C&6O0:O10-:!V>1[L% MO81OBM8ZT$0,V\XB/!W'4L9Y.I9GX@!N:2KE2Q? C32_K!0XF4A*%Z_S'#]R M2L&R+IYU.7XH):*I7;P)8@5P\'"Y@-)NE47M.#>E2>3HO;/3 %/>B'(Y,P(^ M[7<)D[!/]*@!+$N#R@%[;[?;4NVTEB>O",]/8WVC*\S;"R:"RPKN=,3P;U"GPDX^1ON\JE6Y32P&<]_,IYGZG MV5P&)4D&822-9+D%"^1OBV\$5VEASEUA1\[F^6MJ#[PE3[(35"+TF@;L7>[K M!8XJ; _A:-=>TS,P1;@+K&MEA=%(_U%>NL))O7TH=.=AT!O?\6)V7=WXQ9&* M$8"PEPM:,]>67>:ZT#&5G%U@#IR;O?.MN71RR;>[@9.1)6NH#5#Y._$:)ZT^ MAIF2CB<^[ 5:$UX9RY^FGCUY9)&V?H;5==13,I.>B=>(N%MW4MN5DZ%FA\MD#X=+[AIY1EZBE$47* @V MQ%]\01[LN5U)@KVF+A]=\[92A6%SZ,*2F$PCJ?[F'U9@<5N#M,;[*%+DC2-O*E;$4IK22ZE3UOAI-M8J* M=M"T=X%:T/BJ7O2(B*)^;?LK&U";!=XD[72$8K0>.$FC6R!H=]*' H+[OA=1 M]F%WDU<%J"I\:P(Q[3E9 XMW*DFV9L>J -#N+J\*\#5YVD7MT70U5)Q6>#!& M@#K=%GN@@L)Z.8YO;$\$445R)]HKX#*0VWODR1T5O]!S\H845]8F9]3/WDA' MT7(.XZ>0N,S"Y_,(0^JD&:*^^Q_\B=(O[-=YKWZ(Z[7E0";RBE?R$;^2 MCSKCC?@*O.U^U!5O]\A? .*D!Y]TRA>DA6#A WA?2,]+E(OP 3]C/^D@ N@4 MVD S,WV!6CD7Q*\H.=HPS0G/P+Q4T^BJS4[//T8\V==8:TKFZATQ7V3%*OB M"[))VXTQB!NB1Y 8<%-3"67"]C@O&*XZ75!$U>QN^:(F!PLJ_!BZ/QZ:.+3$ MP!);QEYQ5&:$TE(S6*!AK[2I0V/782'"@),X*4^Q@;BF1#3!SI/6P@E(E3R: M E"[HX+M &WI&A>M# WL6CMC8'?)"B]Q1!SD#3,@5L/BV*)C95!,H3+)4%F) MNYDMWIJ&R/L0T'B=EH83?\&7E%EYQ(^Q.UOC('O3]QY%Z&')EF V![1S:3F& MN3D]((_ML( X4BY.72,9J6669Y0?8G;BTS] MJ[Z&(-P;1]>TT:#GV7/F%(_ M0.YE_,1^#10 *OMP"OM,89\I[#.%?::P3__^B2GL,X5]!A['*%,A; _V].1P MM-2UK\<_IFY4=%C#-K!L>C6$=9FO(@RA_2H:/[ZB-B.X0T4V#ZZ\MU_8"3KEI&@ M _=U5M)\B% 0:>&N0$DC?Q^9[..UZ%I8W"5FJCNDX.47YE=R\^$*9R8_^1G<%;BF#1Q68R)E#^ MR 3;@MVB"K@>?*I8I/<[^H8(0?X7_O;X E_0U8I=[@1YV0#N.7*^8OEI%[:@<=A6[1I=^; MYQRZP\N^-J_7@%,J2C\WQ;?PJJFD2511Z-WCW# UVH"^"(C:_;IHW?8RR=F)L!K71T=9BK[*)[,LIR 'S?*7:G2 )G)+!&KZ7&/O4]3\]%VF(\5- MY@&'TPZ:WE ^XG%")IMQ)N ;DX)6"Y]T3F*.W6N[[4OEK5>7L"K L]ORE%-* M9!.9<]3>3*J<9(:Z@&ST"IQ^BGQ_3J; M[T:K[C'W.C'3[)P& ?W&HUEHS?XNVH#REX"4S6=^%$^A>@+(+A5P3M-Y'#*@ MPO""KIZ82IQJU9!4L/[8&S*:K8C.^_XLYJGG#S9G+RR?EE+'*(U1E_Q+747 M;(<]!G$(>SJEGH0)'#/YEPBVD"0:92KC%!*1)8CU-2?@!JDD85>MP93!?LP9 M[%.&K[T9OF.*;"AGSMGMV].6.6=Y+K2.!*51A5\KSUNEUF/["RFRFF,#5GNZ MKDBYM%N:R]L05,+J$:B-*0BA6.7"C^,;:R'24N5BZ>,]:E4NC9FG=N>[Z2YP M>66W9J4M[_25W6=0+CC:1ZAA++T08=7=#KSQG8!705SB])_7-&"; M@E#W$VXM6.II]S7C[3/'VK, J^G:G?]5^K*<5&4];Y.?_4+R9^ K=.T&F3(E MCB930NJMO;W'W)O9+/FH,]YVGU:7Y&WWHZYX*WL1OH&SG4\ZY0OR$&+A@ZD' MXY3O.?5@G#*TI@PMX]%I>R'2TX/1[@AB!ST8QYVJM:?8V)Z85:[XT1*UT_84 MABK5G)8:!P(-.Z^I)C1VS3B!QIC"NJW2JNU-*M.65OW:[HM(JJEA6Z=;#N8; M.Z6V]DRJJ3.'FL]= &AW;\V6 -:': 2(^G)[K&@AUIA/]O/H^U^IA')S^'Z9 M6F"U#^@+-.U67*!G%Y 7(AKICDE= 6_(T@PB@9V=)JG2]JO)*!-XC?[N:,PB MG!IR?K+H( MFO4COC.5IY2-*+"^QVNT292YV?PN(+Y#UDPFSMEYY(TIKYF@5)T5;(R!(7#C M=SS]X@##G#N-03V6% <8Y-P?V>C=+OQVA&'._AOM=NZ<_L!FGM;N,?5F-K]F M-Q/RTK:\G:!0,=:4P60H@ZG]4HF@H/U&J'9,"T)@+&^N=HEC>I&,Y2W6#I%, M]9$QO=+:%9")4BN M#^TJ!W(/>-H+*^]JF'9[2NN!^\1]>"8ND8D^(*\&'_$ MB/\YV2YGOBN\F<*C%^:_G+XMP'[M=X(#M@C+S2U^QM[G$+N/]"J,R I%@G2H MX*GJ@:]!N:Y,SM^(O83\\ YMN$LM'U_,%F8.-9 R8>WD Y\CC\#_M6C)&YU$\ M>/D/\W,%+^4"$C:[BS>'C"300^N^9"G:U=7]&.H9A_NR1@EG.IZ+E^)=QT#@ MV3T@_SK@4CMT:!>3:D%_JLD_FII\,.>9_C>;YZ*Y1'^""TL872.UR]O7Q9D! MS#8]=M-$#"V3!9,V,=\[_O8P,Z4CO0L+(FM47Q'#MI#X8JT:YZ.KW[RZ2F2:$+-)9B?M#V+T>Q M_.R.I=0?).FIXI4UEEBK[.52MA%K\1]+BP#5W0A6%D6TP>YR!U5 8:;&6)Z# M4;UM9,K2[>MP(67(0\K23^WN*"-5EM["Y326=V.D<-3AC[2],0L(4,A3/';? M$E"XI'I#6=[?1<=+AY8_6:3!U*V-%(ZE2PXP%EN&I%Q@>2R=3=0"^66XEJ4B M"!2GXUU_O%635G*$W]NM%VI+)=JQ61IRI 2X=CX:!4J?T_6ZE.Y!CS?W MJ@IM'HJ9D=D/LQ?\0"].R-.<\@_[R#^<14L<%-YFA(>[JRB8X+X([2WGDI\7 M<#R[CDI?LX"&KZMIF)A!L2/,PS>TAN^B*@I39I6]F553ML.4[3!E.W02?[(7 M-6WQ)\M?-)#WP59=O:-+4P">PVJ5:RRQX$;%M0&MPYBPW1)?PERAS8:50&LD MGNC^?*B6YRATX4.5=_@8K:'OP9EZRQN3U_GT,/?8JX(S.873!93C[C\08*[@+)%X6K"9]X=BPMQWTU'E6013%69;T'U MS/DK9BOBGH5W*(AF\X\X6$C7:\J3,^*&2^6<@I-G_\O>U8**J5 @ZL(*LKL# MEA1\^Q.NUEV18 M(8^_ZWKMT6_LQXD'-%RV*Z[L9.1!.Y';S=" A7?/0RFS^6?&'Q,IT>R)#>SS M5[69Y%CRE]RO::#!V]QJ&/,92MFUH^Y0%Q1,7NT7(E&?1<]Z*@W/OLU_(B^UV9K M@Y1/&,E!:962K!NIK=]RLE5JS[&/YP1T#U:2 *?P%F"YA33%J/P4S,$]1MY5 MR$M2;OQG'$9>K9WCI ^=8>ZS%A:0]1H@94(E>NL8VD. ; &J)P-8WNCB(9C6&ES MVM[>H:Z 4X93-\Y E7Q;_G ;1/-/H'CNZQ0Q<^ M^9O-+IG%-0VV/^*_!\+2-&='C?8@@#6#X9F73 ^[Y8QO]0\((+(4C3R=35<\K-U& #W=2V9 M0=\ZH B8SM&,/(Z.@T2W\[>B1J$S?"4)!?[#("KPSOZTSS?[T9];946>TY*/ M.N,-?5?@;?>CKGB[YWL/QMG.)YWR)1L)VOL WIV*71G9%KLR'"9-/!2:5,F7;CM2[]UP35+23O6)[ M%+J[,TTK9=180M?E,IUV?5V-)=K=J;)!I70JVZ/EIJ!N5,#'$DGN1 SOF5>V MYS&4FY^TQ/BU_5'O*@KI3<#+%\+2Q.ONUD+<$JB@-ER MI7^X6S[+9Q5+8<"'.9AD\6+3J3 *B,.U':YAIN+\/D0J3SYH&NL($LGEYS2$ MM(.J\W#U5\PV^HW/9A GAG?R<.OC$OFI^SG,;_F]5U0^,-(1?\DG?RG32"*9 M1G[_],B)]VH@:2'*\V6ZU!P3;ON%1[)",(Z/>W6^)%OQQD^UJR-9(##3Q[U& MR8S"(ULC,-/'O4;VWD+6K$SZ6.3 X$^9LNJF%Y)Y&%B7L'7<..]>?\, >9^G MXT9X]_(:!L+[/!TWPL<@E0>.\:'_R:("J3V7!;S,HH+ (%9T*K&82BRF$HNI MQ&(JL1A:+&@JL=".Z51B845R:(4^-9KRBJ-)#9W"]2;#]7";LL/>;^O$-? 0 MH2":EDN/EV4L+\P=VSKM^QO%.NE[AN5]NDX^7G -?%HI;>YW44^B+_=U6JP. MXU+Y@KW1_D96>F==^=.2&8CDBB(7[15SD^YA/F5"+.>D\P]I(<'Y2:(6RG+_ MVI$M)"P34*RBY;Z0(UM%>,9MOI)OM9>8E.L[ TRZ+U:#::D^V' /R7= M3TGW4]+]T!">DNXGJ3R8%.U1)MT/[%62*?%^2KR?$N^GQ/LI\7Y*O)\2[Z?$ M^V'!:RKQOKDK\Y1Z/Z7>#V+'#S7N/Z7>'\-R3:GWQ[%.4^K]L:S4E'I_1(LU MI=X?[Y)-J?='OI)3ZKTE"SFEWENRD%/JO0VK.*7>JZ2.'Z(3SN9IU_;/(?$7 M'ZD?X0L4>/2!K&(O^9K_6O(O'ZF+O0YR]'4S=53)_-HF;RH*_M1\FI_V3W,^ MM[,PC%?I >8/2?&F+X\X6)V"8^$=<3&(7((JF5C&_ST)OUX'&-^P7<(V=W3/ M=M+V:4\C>21@GNQ .'O*9D@(9SP='<+9&;PDSTRL^BZ?36_0EC-SM)A^H?S* M\)B6,P3)T,"5+2CW+!T:N)JRA&S/$C*XF42J@'8G\J#,X^-W$(MC]WNM U^<6IU:K)'=CQT?XQH="CE]V0(C6J../"HB,\J @F"EQ_4N MV1%+'!$'#=/]6L/AR'RQ94@B5)$P(O/W!V=DB3AON MMP1,\+YWQ-/4Q]E\BU]:[S*+HS!"OLM8A,P*3-K$?&]\)TCD(/*8@%PQM2;A MXRR* O(41[Q*Y9'F21/I7_Y!HN4V&X;_?>:6 )7IZAVWQYUQL&[@W0XD/*2Y MJB@I<-KU,]Z_<=9?__R$([:_Z KO;J>DZ^&2>NR6#MFOS.:9G#GS$I:9\4F9 M)LZ4<+)F-XV_>,!.S.YO@J6V=D<#@V=?08G=;"E/#'K?_P7 )>._C%-[/%\K3@'D V\]Z%Q7L^>F1Z2;JRMZ"QLK]F:G:I$64U!53B@ M&@;K0\M0F6HUC=Y-H<;I4:TK-I9H@KZ35(5_L?Y,NQW([LPG:BF:^J^1\10" MZEZ(+A094>FG/QA&F1TQE+6 2&ZX,BS*[^P6U,HFB *Z6\M*U&S8G92B UJ] M]KM WNX8;(>;NMJ-) I8)KG;X&',H7JG7;@.3'-K ]:A?O5>>WY8&5P]A#S. MXY#X. P?\((+NQL_Z7S$1_Z=1MB["RA3I[AZ<[[9_HI"4*3M((,*FRA/QH0; M92LK[_&:!LD=M&4!YO^IH6+$&;0=?ZO)CI1 J.I*K:?0N M71NG1Z568BQ9TBIPE9T^H_G*@[J-[K%#?8=X)/D33Y[P0^H1EYODB=R]Q\_8 MCQ./ )/Y?I(/(7YE^[=G?OK+9^Y_QUQMOSJ_>;P\8WI\Y@W0>KGUPO.1W)5F ML3'1R3N@+PC-AV8)"<&JB M9"B3@ WYB+YO1SW'/F:+!TP**"=A@O]K&C#+VK^(V9W@.YO' /DANX/8\?N MB)_XES$[GYP]R)Q 9,VM$Q_XFEW":<.,CSA:4O5:[01E)&4L4QTT*=5.GCG*RX/?1W\D=0'G@=&; >=8'"&'G1 M)CN@C.+-:HU(P&4._P%3)R4U+#E28 YS_?:)1"Z2Y&7_(Q/KN]7+^3W)U/7$ MQN5!D0O&")/NS_7:"NH40>C/:^;2*,C5T[@[.1V>:)G9*; M)VQ#QNR'MY"GBSH:V,A;-IZ77 @93_!'C*HHP,_ROAV9V9[R/,E0,>A"5'@4 M:?=#([Q&#*JDVF37X@^AKQLU$.KO+$N_7]3!H)/#VH@'MH.5Z_#]@T$XN+L[ M851:)@B,+>]$*B5C:>4]T&'6YK!P*KTWJ=S%WN$3& -+D*B$J4DG$Q#9FD/2 MJ53K2,_O(A5X2*>[6[N,MK0Q1>JO]K<&QH%^B;]"-/S7WI=Z-)C*^:-$ J6^ MW3NL,@)CTJ/6,REPUJ>ICA3G1F^VR'35]US(2+&&!$5$QJP^H3U2V.MC;!G0 MIQK?*1XIT$V!V1SJTTFY:P5T=21?0&RG#\<@Q'M9'CFRKZ9[L#6V4GE .>*O M)[NE%=Z@S+(<]3=VOBIF>)>7Y"CF"&M\3W&DDJ0IG55 /5V'JJZ/8K)SCN#NH1,YJ:"N>;P_!2MBB\<42ADH$;TKL5 M#5OLM1:@&.+R2$I.ND;#1*)5PC,HL6K[12\I)'SL7"JQ2X[)E$/9HI)74D]X M2GF;4M[&DO*F*VUW5W5(I49!4=C5$Z1SX=K1G]+>C!8>JRV2*$FVT^[6\RO%/[$5?KB8>KQ M2?\>^&*) G$3<_[LQSQ%8'_:WP?L1YEF^0'318#X2B!/?AS@H"1F1>M<(HM$H5'R>0<.\FF1H0A]FW^XLX%G=G M_2&@C0?5=C^FG*"CC4+8=C^FW"5&"U>I[4Y+:42*2LY8')6-8J>=\KHKE5Y9 M"V,KTX%*V#]B/]J9XRQK0](:&U=@9*=H!Y_9&O^%J%X?EUI5&A5H=EEUV*7B M^."2]SX*V.SLQJ,$FX)?6G0[F$XK)(;1Y0-Q0PCO/<1/87KPDKM27TQ/A?"@ M GF@"9CHPYH4NB*/"<9X?>-O6YIP?I,='&,W?T:1)P:P>0;P)JW*8QA)_-M= M$:6 3#6-'F8 C\I4$.B!]T?&K4+2;S61GN8 3OVM(@&.D_Z>2*4'1.]0[-&/ M-#P$E@-=2@')5G/2Y*#9X^816F-WPZ8M?&UA@1IU^GS.^Q*$3D'6:198Q!HGMM!RD MCW,-#?^4?]\#YZ%2,GLEC=[5\<;IT:9%&$OTIG8+4RTG<0P!'CT2$8!WN< ? M0XRH]75+)?6%,827-(%9JQ&.)2+5)$H;5?FQQ)R:S*%ZK,866&HV@*OQ&EN M2?$(EH:71B6L:OW5ZNZY#AO)PUY%W_X-_Y\G%.)_^_]02P,$% @ 3H)G M3]ODL,K#" FD8 X !P:RUE>#,Q,5\W+FAT;>V<_W/:N!+ ?[^9]S_H MZ+23SAB,\Z6Y0IJ9A- K-[DD1^A[=S^]$;8,FLB63Y(AO+_^[4HVD 32Y-(T M+9 ? I97TFJE_7A7 @Y^/CEO]?ZZ:)-/O=]/R<7GX]-.BU2JOO^?G9;OG_1. MW(W=6CT@/453S0V7*16^WSZKD,K0F*SA^^/QN#;>J4DU\'M=?V@2L>L+*36K M12:J'/[KIP,LLZ^,1OAJN!$,WF1757:]$P3_W:^!"-SPRSL'?BG[<[5*SGXE M+9F.F#),D=%>K5X+WF_O[]2"=P&I5E&J+Z,)O/YTD!%M)H)]J"14#7A:[4MC M9-*H9Z99E!B9V4O#KDV5IQ%+3:/^NAG+U%1CFG Q:?1XPC0Y8V/2E0E-W3W- M_\<: =:L'+Y)^SIK'OC9X5R/MD$J^"!M*#X83CM\G ICAG4;?2FBQ^CD+E&1 M1BI50H5KW."LQ5 I2ES4B.J.(4>22%8.6Q?#WF?&[(3U(+E@PI!3:;FQQ!L M9XM&^;T,J]7N]CH?.ZVC7N?\C)Q_)!?=SEFKYU_MZ$8)-I= M6/W=R\]'9SW2.W^H";[_B;ULM^S8=^K;./[>IS:Y/.H>'YVU+ZOG?YZV_R)' MK1[>V:[7MV\-^Y_-\R,&51BD4/9)X^QXI#>$CC3YK4:.J3 \D8IYY#=5\T@( MW.#QA)@A-0TWR(B/B)W1#Q7!8E.!(D/[@I&^5!%3'RKU"E030FIW1 M*"JO2SNY*M50"D$SS1KEFR89\\@,8Y:_O$F M_6KZ/>I1TR%#.F)$L1%G8Q;!*N::_)%3?!:*">FR3"I#9$H^0N,DJ%?_(#(F M%U1=D4_2,*')&YID31#4(*A))PUKS:E9X)_"?[CXX17\8N,=*^\=VZOC'<=4 M@T_ ZD\FY J6@V#1 +AOG40YUX@D-)%*0T*H3'E*:#HA>6I4SF"$U+ $GE_H M,Y0D< 7*"!+3$(H4D0E$148ZN3L"*0N9UE1-4"2A5PSZG6M30UD$RD"7 FV# M?:! R%68)R"60G70!/R#P*H.AT3G^&]6?\P4*QK! 21<"XB*P<7 >^#N(PVTU M=Y^GJ!+%=!;>AR*/H$UPU#F/\<#).3YB,_ S1 2B0X@9 PKWT[>Z!LQ$-D_V M4"(7( ".+\$[;7?:ZA-2/22QD&-=4D&Q ==H+$,H%CJ]04MOSKEUJPW=>'!12Z'CT 9QQPNM_1;ZRD=0A6S/@D^QG%I M@U*$:5SF7 ^Q!HHE$ %@%(#7$=>AD#J'>A@;*"F<4)TZ SP,#F#5^FF8 FVRQ$F@^S%!/48JQ(5V8H\HH0#&]R M")= %RT%CZBQBO8UCSC8"0? 75)E [\46\HU)CKVX:!M5F0I+34#A8REM$!P MZPXM'QZH/1B: -H1CY"%5,O4\H)JX"AN#2$@J8I*6 $^.>USP)CN#I\;(/2N8VU$!XLCEEH^ C<7B_8G)KFXP^( M'=WEXOTJBT.H"'&?=KMB?9F;Y1H\)+JE4VF&6W[QEW?%2;_<3+2$9\X2H$\3 M&]\0;4.T]2%:M#I$.W&PN L=//HK-LV*W;P%9'M$G(?)K@S#7"%:YC++!:TF M4ALHQT\005LZA(;^=J?X9&M)E1@8"1'8+>E"\1#(94\M\4 SS:=ZO75:#:F> MIN$8NUFFXHXDQ'W6'D7 .2&"7S%1'&'>DO>>;*(-1]<>+'N;HPGW$9ZHI)(W M"SLP"IHGPRP"0=]^1*YZ9U-MJAW-(VZDTM/TT!9 DTG"C6'LGABO+R$!Q?L1 M!_UL(UO #PBI-(9L\(K6+:''_LXYJ&\!EZ>A/>Q\NSE=V 11Z\.Z53I=.!*" MX 86!Y;A>2&>/(:< 7F*U&ZZRS]F] IS-;>!9+,UN_5E/T%5?N[A43PK-N3= MB>Z"2(5&4%&S::"RE'W%AAE4 8 !'SR7,&K(%G6>@+UAP'8P18"X\!,BFR!F MP[$UX]@*;?\?0]^J+SZ:/^F31>=5Y&_U@!E0=>NNGIM?V^NL(=6))<&J:B];^\HDH+J=ZW9P9+ K2-5X5;=_+\F?$_"(!CF# MM9GT87GN>V2['KR_![_/-AV[F]DX/)XT%IO^&9VA+#J>&;"8D/K],U+:Z\9L M_(.OSOU \^-K_\VKX%V]N>R[9W.SYSN@?3NJ+9U(!-W*NLQ]\6+"HTBP;^PU M7]_6\R:S7R9]FO&?P](OS2N5!,]]N"OBP[Y//C]C%S\>7S6;9-2V??_O=OV_9/!B:O8JU1K9*!H MHKGA,J'"]SOG)5(:&Y,V?'\ZG5:FNQ6I1OZ@[X]-+/9\(:5FE="$I:.??SK$ M,OO):(B?AAO!X$MZ56;7N[7Z?P\J( (5?E%SZ!>ROY3+Y/PWTI;)A"G#%)GL M5ZJ5VL?ZA]U*[:!&RF64&LIP!I\_':9$FYE@GTHQ52.>E(?2&!DWJJEIYB5& MIO;2L&M3YDG($M.HOFU&,C'EB,9G^?]8HX8M2T?O MDJ%.FX=^>K0THNV0"CY*&HJ/QO,!GZ;"E&';QE"*\"DZN4M4I)%(%5/A.C>X M:A$40&G"G-2$*DYA1)(+EHXZUV,^Y(;LUBKU^R<5@)I,+<^A5D]7S?)[F5:[ MTQ]T3[OMUJ#;.R>]4W+1[YZWNQ>M,W+:/6_!5_C6.P6)3A]V?__RS];Y@ QZ MCS7!][^PEYVVG?MNM8[S'WSND,M6_[AUWKDL]_YSUOF+M-H#K*E7J[=7_LO6 M^0F3R@V2*_NL>78]C.;7*0W#XKHPDVM2#J00 M--6L47QIDBD/S1CF"Z:Q(RC\%Y))/C(8ME1TXD3W*_6]M\WIF!M6QJ'1$E-% MT](]RW*P<1D.L;Q0]!7UJ%4.?:PZPN6&FTIXU_)/-^E7T^])=YHN&=,) M(XI-.)NR$'8QU^2/C.*M4,Q(GZ52&2(3<@J=DUJU_ >1$;F@ZHI\EH8)3=[1 M.&V"H 9!3;I)4&G.S0+_%/[#S0^?@(LM.M8>'?7U0<2PI<"]0"C>*2?"9"K[=)R;7^'.4UK^Z&[#]>XE/ M'+Y1WUO*W!C]QD#1C8$B& AM<9ME0 )#B\:F,\?K;/-%!G$U7+=$^2)Z[-#W M:\.4)TR#SD &-F[X9S;S,*0):*8?WP1CBR$#ULE',HV!CKTY:!L569:6FH%"QK*T1U(*_!ED@J(W!].R2BP")FCAPJ_E MJ!&^#1D*@L,%[5FX\0[6EB8WB2:'ZTJ3CW:W[K#EXQVU1Y,F$.V$A\B%5,O$ M\@75P*.8&D*"I"HLR KHD],A%]S,T-5<-2Q2M^4U2UF.=6^(+J66K'-\G4\H MS50*E*EMB!L$0#]6 9MD&K$$(E-,NS>2N8[0E^'@:[,@@RA=2R%%FNZ#66VD Y/D $?>D .OK;G>*3 MG7N:1,"1X('=DLX5#X"Y[*DE'F@FV5RO]TZK,=7S,!Q]-\NIF)$$O\_:(WSD!NI]#P\M 7091QS8QA[P,<;2@A L3[DH)_M9 ?X UPJC2X;?*)U M"])C?V<Q\OSU=V#I1F\-UZW2ZT!*"8 *+ Y?A>2&>/ :< ?/D MH=T\RS]E] IC-9= LM&:37W9)ZB*YQZ>Q&=Y0MZ=Z*[P5&@(#36;.RKW M,(,F0&# #YX+$BSJ+P=XP83N9W$%<^83(UHG9\MB&\=@:I?];$/-%"IP> M#UB%65<->,D^3YD3F.=")IY,I)@PC)L2.LH?"U6Y=\?B5,@9@]KI6#I_CMZ@ M1Z"SKQ)45AXFFL>_WI1?(AWEP%A^7:/LBKX0C);POH3C\OWC7J,I/9OQW.R! M.H]_:_?.>OU/I3>G]F_>=3ZX,P-.HRCHV[U8K7S87RH*DB-VM>#Z?#ZYLLT6 !6D*KQIFK_7I.53@ G#7(..S8> MPJ;]X)%ZM?;Q 5)^L>78VZ[&T?&LL=KT+PB&HNAX8<\+:4N+YSL^^W:D=N\Z(L^M+6(>!R9:0OB$A;0S?=*Y9D.&# M'.1?/&#D0C'-44F/M,><1>2TB'Z?_WL+/XQ->NYHR.8V#9KOM'H^>Z^\%^T=%T/!\"143&-)." M<-?M#RRP8JW3ENO.YW-GWG"D.G&#D1OKA#==+F5&G4A'UNYO+SJF+;]2$IFK M9II3O$D_V?2L4??_\CT'QV"/6W5UW&KP2]N&P1OH27%*E:8*3M<=S_&WZYL- MQ]_PP;;-J(F,%GA]T4DATPM.=RQ-S[1-.#L1+<5.8MU.B#IAPIY(K672\M)E MBY9I_IC/8"*B0K>\5^VI%-J>4S.W-9$\*AJF)&%\T0I80C,8T#F,9$)$T9>Q M?VC+-Z2*1R-(2TB5$%X0U\:(4VS 5D&+4:=$,8([52H4H)E47=?#KZ55:_BQJ]?JCX/#@L-<-#H<#C+;1^$-W$$ P_%$=?W[/ M^5OPP1D[/0?&_5ZNIM]8]VK0'4-W?W@<]/>?IMZ5MMO>!@P/('C;AW%WM-<= M],?V\,^C_D?H]@+34_>\^B6U;Q; ZTZ]^>K&>I4V*>6]E:J' D(I! T-%,*< MZ1AT3.']C!APX@L8T50J#7(*QT1]@K=24Y[!*DG2-O9EV)?!H0@=6#/S5E>V MZG6OW9-)2L0B?_+;KP%)'R!'\#W[/:!,.8_/!0^@:(H(QC35-)G@.GG%LO9G2*/%$&S4XI M#*=3%J*\R,$P*'6N 1.0+" D*0F97A@M"(IUS6!LTVR*-^E,93/T#6@)YWFW MNN)O;+;+M#.4(HEFBKX878XQP5I2'Q,U(8)F]O",TP5TP]Q_)EAKV$]TJXC9 MB)U"GJ [%J=3;6&3)A-.82)51-6.Y5DH'^>9T42<+)]3$D75F][P:#C:L58.\K\EZ9*Y;2 V-T#5,,H#RW,VUR\T!L9*15/! MN;GN-#=>M4L5*[MFDK,(BH&01U]*%*K4OBK"K_=%^;@4[4OGF 8TA%2M%2__ M>TB4V<>(;L% GA:O%)O%&\75F7[G3EEWO.:S3[Z_T-V9 QK/#C .V%NT[CT# MJJ:]GV[>S_U.)[4OK@K'G RT*/XF# MGE>"1P)-SRO!DS?W\TIP_RO!+P/TO9@PO!754=J>)"JZ7(2\?9']$=GCRGKK M5^O>@Y\MW@?'.ZC[DS#$/181(2V*2N-^#T:44Y)1& P=:#3MYN;VUH8Y#&:F M;%1\QH.WTYD2+(MI9,K/>74)IQ9U;D,T/P'&E(9(AK.DBER<)Z2&B-($)Y;E M^+R^7U;C\P\#TIE*94;S\^1Q5=':^L$J5E$B3_(/"FJF!"9QDIHS5"B;3?Y& MF?L/ M6S-EZ$S\EH2W)# 30FB9H0E-W+OKIQLE5HBNLN3*"B'WZV\EVX%2:,MQ0*%D M,G&LU]UG=Q_)6K=>[O<[T]H\,..*[O_U'K^/Y^M)]7U+T@ MA$@1D3'-I"#<][L]!YRIUFG#]^?SN3>O>5*=^-' G^J$UWTN94:]6,?.[F\O M6J;,7BF)S54SS2G^23^Y]*Q6K?ZU[6$3K/#+FI9?MGWINM![ QTI3JG25,'I MNA=XX79UL^:%&R&XKFDUDO$"KR]:*61ZP>F.H^F9=@EG)Z*AV,E4-Q.B3IAP M1U)KF32"=%FB96IO;0\F8BIT(WC5G$BAW3DU?1LCR>.\8$(2QA>-B"4T@QZ= MPT F1.1U&?N'-D(S5'YK!&D(J1+"\\&UP7""!5@J:-[JE"A&<$8H&CJ[W;,I M&S$-M:I7;?GI[M5*C5%,JB[J$%;3J[3\6=3J= ?1X<%AIQT=]GOH;(/AAW8O M@JC_HSK^_)8+M^"#-_0Z'@R[':MF6%L/*M >0GN_?QQU]Y^FWJ6VV\$&] \@ M>MN%87NPU^YUAV[_SZ/N1VAW(E-3#8+++GTS!U[WJO57-]:KP*20]U:J'@H8 M2R'HV# AS)F>@IY2>#\CAISX @8TE4J#G, Q49_@K=249[!*DK2)=1G697 H MQAZLF7ZK*UO5:M#LR"0E8F'OPN9KP*$/<$8( _<]H$QVCL_Y'$!%S,0)#&FJ M:3+"@AJZ6#4(MX%D,&&EXII"U$2(B8NB>C:=$G%"DTR1A669TP*]I M&1--84H51I*N+'9+((*E26Q1 SB+UH7;8PKHB86 Z)&1-#,[9]QNH#VV%K'N&(% MZXENY!X9LU.PX;?C<#K1#A9I,N(41E+%5.TX@8/R<9ZE9(SX+^]3$L?E?>G4 M>1=W+#DG:48;Y9\F6B;64W1-#%<[@S(_,9P6,V,8..4@>=/2'2-?$/+,M>_X6P M"F?('T^<6]-7KB?RX-Z;3O^H/]AQ5@[L9SET,;EK*-8"4!8,K&,%WN;ZA<+( MH)07Y3/7U[WZQJMFH6*):R8YBR%O"-;[4J)0I>95'GZ]+8K;I6A?&L<4(!!2 M-58"^WE(EME'CVY 3Y[FSPN;^>/"U9%^YT99]X+ZLTV^O]#=F0%JSP8P!MA; M-.X] LJBO7, "Z;:^"Y3E9 YMSPT>D0F\C/?/,X'S6M.'"[8S\\7E_M;8:XW M9;[H/-FX^19Q/03>^7KR2\*=L#CF]'[AKMT)W%\=7=\._Z?BVY>6!8/G ZT) M/XF!GA>"Q\%,SPO!DX?[>2&X_X7@E^'Y:S.)MT^:/QH,?BAG^M7*]^!GB_/"PS6EL_F,7*4^0X8TSCBDF!2>RDY@P5RF:COW&X4F#.R(CQ M?"0[-M'E=!4#$F13'-D4$L! A0#% @ 3H)G3^J11+7&$P A3$! M !, ( !#"," '!K+3(P,3DP.3,P7V-A;"YX;6Q02P$"% ,4 M " !.@F=/#3[S@1(R #DB@, $P @ $#-P( <&LM,C Q M.3 Y,S!?9&5F+GAM;%!+ 0(4 Q0 ( $Z"9T^7\C$OP8, .UX!P 3 M " 49I @!P:RTR,#$Y,#DS,%]L86(N>&UL4$L! A0#% @ M3H)G3\FS2FM93P 91T& !, ( !..T" '!K+3(P,3DP.3,P M7W!R92YX;6Q02P$"% ,4 " !.@F=/V^2PRL,( ":1@ #@ M @ '"/ , <&LM97@S,3%?-RYH=&U02P$"% ,4 " !.@F=/RQ#KQ XML 68 R55.htm IDEA: XBRL DOCUMENT v3.19.3
Income Taxes - Additional Information (Detail) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Taxes [Line Items]        
Income tax expense     $ 12,000,000 $ 13,000,000
U.S. Federal Tax [Member] | REIT [Member]        
Income Taxes [Line Items]        
Income tax expense $ 0 $ 0 $ 0 $ 0

XML 69 R51.htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Measurements and Derivative Instruments - Additional Information (Detail)
$ in Millions
Sep. 30, 2019
USD ($)
Interest Rate Swap [Member] | Other Liabilities [Member]  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Fair value of our interest rate swap liability $ 2
XML 70 R59.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation - Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model (Detail)
 9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Expected volatility, minimum 19.50% [1]
Expected volatility, maximum 21.50% [1]
Risk-free rate, minimum 1.80%
Risk-free rate, maximum 2.40%
Expected term 3 years
[1] Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%.
XML 71 R38.htm IDEA: XBRL DOCUMENT v3.19.3
Acquisitions and Dispositions - Schedule of Unaudited Condensed Pro-forma Financial Information (Detail) - Chesapeake Lodging Trust [Member] - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Business Acquisition [Line Items]        
Total revenues $ 797 $ 800 $ 2,440 $ 2,477
Operating income 63 112 350 483
Net income $ 23 $ 70 $ 227 $ 460
XML 72 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Share-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Restricted Stock Awards ("RSAs")

Restricted Stock Awards (“RSAs”) generally vest in annual installments between one and three years from each grant date. The following table provides a summary of RSAs for the nine months ended September 30, 2019:

 

 

 

Number of Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at January 1, 2019

 

 

585,106

 

 

$

26.89

 

Granted

 

 

298,329

 

 

 

31.31

 

Vested

 

 

(308,094

)

 

 

27.00

 

Forfeited

 

 

(12,615

)

 

 

29.96

 

Unvested at September 30, 2019

 

 

562,726

 

 

$

29.10

 
Schedule of Performance Stock Units ("PSUs") The following table provides a summary of PSUs for the nine months ended September 30, 2019:

 

 

Number of Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Unvested at January 1, 2019

 

 

537,936

 

 

$

31.16

 

Granted

 

 

314,858

 

 

 

34.28

 

Vested

 

 

(277,325

)

 

 

31.25

 

Forfeited

 

 

(672

)

 

 

42.05

 

Unvested at September 30, 2019

 

 

574,797

 

 

$

32.82

 

 
Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model

 

The grant date fair values of these awards were determined using a Monte Carlo simulation valuation model with the following assumptions:

 

Expected volatility(1)

 

19.5% - 21.5%

 

Dividend yield(2)

 

 

—

 

Risk-free rate

 

1.8% - 2.4%

 

Expected term

 

3 years

 

 

(1)

Due to limited trading history of our common stock, we used the historical and implied volatilities of our peer group in addition to our historical and implied volatilities over the performance period to estimate appropriate expected volatilities. The weighted average expected volatility was 20.5%.

(2)

Dividends are assumed to be reinvested in shares of our common stock and dividends will not be paid unless shares vest.
XML 73 R34.htm IDEA: XBRL DOCUMENT v3.19.3
Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)
$ in Millions
Jan. 01, 2019
Sep. 30, 2019
Summary of Significant Accounting Policies [Line Items]    
Operating lease right-of-use asset   $ 267
Operating lease liability   $ 284
Accounting Standards Update 2016-02 [Member] | New Accounting Pronouncement Effect [Member]    
Summary of Significant Accounting Policies [Line Items]    
Operating lease right-of-use asset $ 213  
Operating lease liability 213  
Operating lease, impairment loss on right of use asset 8  
Below market lease intangibles (25)  
Deferred rent liabilities $ (8)  
Maximum [Member]    
Summary of Significant Accounting Policies [Line Items]    
Operating lease initial term 12 months  
XML 74 R3.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Statement Of Financial Position [Abstract]    
Allowance for doubtful accounts receivable $ 1 $ 1
Variable interest entities - assets 248 242
Variable interest entities - liabilities $ 218 $ 217
Common stock, par value (per share) $ 0.01 $ 0.01
Common stock, authorized shares 6,000,000,000 6,000,000,000
Common stock, issued shares 239,590,752 201,290,458
Common stock, outstanding shares 239,388,083 201,198,381
XML 75 R17.htm IDEA: XBRL DOCUMENT v3.19.3
Income Taxes
 9 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Income Taxes

Note 9: Income Taxes

We are treated as a REIT for U.S. federal income tax purposes, and we have been organized and operated, and expect to continue to be organized and operate in a manner to qualify as a REIT. To qualify as a REIT, we must satisfy requirements related to, among other things, the real estate qualification of sources of our income, the real estate composition and values of our assets, the amounts we distribute to our stockholders annually and the diversity of ownership of our stock. To the extent we continue to remain qualified as a REIT, we generally will not be subject to U.S. federal income tax on taxable income generated by our REIT activities that we distribute annually to our stockholders. Accordingly, no provision for U.S. federal income taxes has been included in our accompanying condensed consolidated financial statements for the three and nine months ended September 30, 2019 and 2018 related to our REIT activities, other than taxes associated with built-in gains related to our assets owned at the date of our spin-off including the remeasurement of associated deferred tax assets and liabilities.

We will be subject to U.S. federal income tax on taxable sales of built-in gain property (representing property with an excess of fair value over tax basis held by us on January 4, 2017) during the five-year period following the date of our spin-off. In addition, we are subject to non-U.S. income tax on foreign held REIT activities. Further, our taxable REIT subsidiaries (“TRSs”) are generally subject to U.S. federal, state and local, and foreign income taxes (as applicable).  Income tax expense during the nine months ended September 30, 2019 is primarily related to taxable income from our TRSs.

 
XML 76 R7.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [member]
Additional Paid-in Capital [member]
Retained Earnings [member]
Accumulated Other Comprehensive (Loss) Income [member]
Non-Controlling Interests [member]
Balance at Dec. 31, 2017 $ 5,962 $ 2 $ 3,825 $ 2,229 $ (45) $ (49)
Balance (shares) at Dec. 31, 2017   215,000,000        
Share-based compensation, net 3   3      
Net income (loss) 149     150   (1)
Other comprehensive income (loss) 37       37  
Dividends and dividend equivalents [1] (88)     (88)    
Repurchase of common stock (348)   (250) (98)    
Repurchases of common stock (Shares)   (14,000,000)        
Balance at Mar. 31, 2018 5,715 $ 2 3,578 2,193 (8) (50)
Balance (shares) at Mar. 31, 2018   201,000,000        
Balance at Dec. 31, 2017 5,962 $ 2 3,825 2,229 (45) (49)
Balance (shares) at Dec. 31, 2017   215,000,000        
Net income (loss) 422          
Other comprehensive income (loss) 36          
Balance at Sep. 30, 2018 5,728 $ 2 3,585 2,196 (9) (46)
Balance (shares) at Sep. 30, 2018   201,000,000        
Balance at Mar. 31, 2018 5,715 $ 2 3,578 2,193 (8) (50)
Balance (shares) at Mar. 31, 2018   201,000,000        
Share-based compensation, net 3   3      
Net income (loss) 218     216   2
Dividends and dividend equivalents [1] (178)     (178)    
Distributions to noncontrolling interests (1)         (1)
Balance at Jun. 30, 2018 5,757 $ 2 3,581 2,231 (8) (49)
Balance (shares) at Jun. 30, 2018   201,000,000        
Share-based compensation, net 4   4      
Net income (loss) 55     52   3
Other comprehensive income (loss) (1)       (1)  
Dividends and dividend equivalents [1] (87)     (87)    
Balance at Sep. 30, 2018 5,728 $ 2 3,585 2,196 (9) (46)
Balance (shares) at Sep. 30, 2018   201,000,000        
Balance at Dec. 31, 2018 $ 5,586 $ 2 3,589 2,047 (6) (46)
Balance (shares) at Dec. 31, 2018 201,198,381 201,000,000        
Share-based compensation, net $ (1)   (1)      
Net income (loss) 97     96   1
Dividends and dividend equivalents [1] (91)     (91)    
Distributions to noncontrolling interests (3)         (3)
Cumulative effect of change in accounting principle (8)     (8)    
Balance at Mar. 31, 2019 5,580 $ 2 3,588 2,044 (6) (48)
Balance (shares) at Mar. 31, 2019   201,000,000        
Balance at Dec. 31, 2018 $ 5,586 $ 2 3,589 2,047 (6) (46)
Balance (shares) at Dec. 31, 2018 201,198,381 201,000,000        
Net income (loss) $ 190          
Other comprehensive income (loss) (2)          
Balance at Sep. 30, 2019 $ 6,453 $ 2 4,572 1,931 (8) (44)
Balance (shares) at Sep. 30, 2019 239,388,083 240,000,000        
Balance at Mar. 31, 2019 $ 5,580 $ 2 3,588 2,044 (6) (48)
Balance (shares) at Mar. 31, 2019   201,000,000        
Share-based compensation, net 3   3      
Share-based compensation, net (Shares)   1,000,000        
Net income (loss) 84     82   2
Other comprehensive income (loss) 1       1  
Dividends and dividend equivalents [1] (92)     (92)    
Balance at Jun. 30, 2019 5,576 $ 2 3,591 2,034 (5) (46)
Balance (shares) at Jun. 30, 2019   202,000,000        
Issuance of common stock 978   978      
Issuance of common stock (Shares)   38,000,000        
Share-based compensation, net 3   3      
Net income (loss) 9     5   4
Other comprehensive income (loss) (3)       (3)  
Dividends and dividend equivalents [1] (108)     (108)    
Distributions to noncontrolling interests (2)         (2)
Balance at Sep. 30, 2019 $ 6,453 $ 2 $ 4,572 $ 1,931 $ (8) $ (44)
Balance (shares) at Sep. 30, 2019 239,388,083 240,000,000        
[1] Dividends declared per common share were $0.45 for the three months ended March 31, 2019, June 30, 2019 and September 30, 2019. Dividends declared per common share were $0.43 for the three months ended March 31, 2018, June 30, 2018 and September 30, 2018. An additional special cash dividend of $0.45 per common share was declared for the three months ended June 30, 2018.
XML 77 R13.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates
 9 Months Ended
Sep. 30, 2019
Consolidated Variable Interest Entities And Investments In Affiliates [Abstract]  
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates

Note 5: Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates

Consolidated VIEs

We consolidate three VIEs that own hotels in the U.S. We are the primary beneficiary of these VIEs as we have the power to direct the activities that most significantly affect their economic performance. Additionally, we have the obligation to absorb their losses and the right to receive benefits that could be significant to them. The assets of our VIEs are only available to settle the obligations of these entities. Our condensed consolidated balance sheets include the following assets and liabilities of these entities:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Property and equipment, net

 

$

221

 

 

$

223

 

Cash and cash equivalents

 

 

19

 

 

 

12

 

Restricted cash

 

 

2

 

 

 

1

 

Accounts receivable, net

 

 

5

 

 

 

4

 

Prepaid expenses

 

 

1

 

 

 

2

 

Debt

 

 

207

 

 

 

207

 

Accounts payable and accrued expenses

 

 

9

 

 

 

7

 

Due to hotel manager

 

 

—

 

 

 

2

 

Other liabilities

 

 

2

 

 

 

1

 

 

During the nine months ended September 30, 2019 and 2018, we did not provide any financial or other support to these VIEs that we were not previously contractually required to provide, nor do we intend to provide any such support in the future.

Unconsolidated Entities

Investments in affiliates were:

 

 

 

Ownership %

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

(in millions)

 

Hilton San Diego Bayfront

 

25%

 

 

$

20

 

 

$

19

 

All others (7 hotels)(1)

 

20% - 50%

 

 

 

32

 

 

 

31

 

 

 

 

 

 

 

$

52

 

 

$

50

 

 

(1)

In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018.

 

The affiliates in which we own investments accounted for under the equity method had total debt of approximately $961 million and $955 million as of September 30, 2019 and December 31, 2018, respectively. Substantially all the debt is secured solely by the affiliates’ assets or is guaranteed by other partners without recourse to us.

 
XML 78 R25.htm IDEA: XBRL DOCUMENT v3.19.3
Property and Equipment (Tables)
 9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment

Property and equipment were:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Land

 

$

3,594

 

 

$

3,344

 

Buildings and leasehold improvements

 

 

7,300

 

 

 

5,616

 

Furniture and equipment

 

 

1,133

 

 

 

949

 

Construction-in-progress

 

 

106

 

 

 

124

 

 

 

 

12,133

 

 

 

10,033

 

Accumulated depreciation and amortization

 

 

(2,147

)

 

 

(2,058

)

 

 

$

9,986

 

 

$

7,975

 
EXCEL 79 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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htm IDEA: XBRL DOCUMENT v3.19.3
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 13: Commitments and Contingencies

We expect that insurance proceeds, excluding any applicable insurance deductibles, will be sufficient to cover a significant portion of the property damage to our two hotels in Key West, Florida and the Caribe Hilton from Hurricanes Irma and Maria in September 2017 and the resulting loss of business. We have recognized a total loss of $22 million representing losses up to the amount of our deductibles and additional amounts not expected to be recovered from insurance. The amount of expected insurance proceeds could change as more information becomes available about the nature and extent of damage. Any gain resulting from insurance proceeds, including those for business interruption, will not be recognized until all contingencies have been resolved.  

As of September 30, 2019, we had outstanding commitments under third-party contracts of approximately $68 million for capital expenditures at certain hotels. Our contracts contain clauses that allow us to cancel all or some portion of the work. If cancellation of a contract occurred, our commitment would be any costs incurred up to the cancellation date, in addition to any costs associated with the discharge of the contract.

We may make certain indemnifications or guarantees to select buyers of our hotels as part of the sale process. In addition, losses related to certain contingent liabilities could be apportioned to us under the distribution and tax matters agreements related to the spin-off transaction.  

We are involved in litigation arising from the normal course of business, some of which includes claims for substantial sums. We are also involved in litigation that is not in the ordinary course of business, and we are indemnified from certain of these claims under the distribution agreement with Hilton. While the ultimate results of claims and litigation relating to assets retained by Hilton in connection with the spin-off cannot be predicted with certainty, we expect that the ultimate resolution of all pending or threatened claims and litigation as of September 30, 2019 will not have a material effect on our condensed consolidated results of operations, financial position or cash flows.

Following the May 6, 2019 announcement that we and Chesapeake had entered into the Merger Agreement, two purported shareholder class actions were filed in the United States District Court for the District of Delaware captioned: Kent v. Chesapeake Lodging Trust, et al., No. 1:19-cv-01201 (D.Del.) (filed June 25, 2019) (the “Kent Action”) and Terlinden v. Chesapeake Lodging Trust, et al., No. 1;19-cv-01263 (D.Del.) (filed July 8, 2019). The complaint in each case alleged purported violations of the federal securities laws and named as defendants Chesapeake, the individual members of the Chesapeake board of trustees, the Company, Domestic and Merger Sub. The plaintiffs alleged that Chesapeake and the individual defendants violated Section 14(a) of the Exchange Act, and Rule 14a-9 promulgated thereunder, by providing inadequate disclosure regarding the proposed merger in the Form S-4 Registration Statement filed with the SEC on June 14, 2019 (the “Registration Statement”). The plaintiffs also alleged that the individual defendants, the Company, Domestic and Merger Sub violated Section 20(a) of the Exchange Act. Plaintiffs sought, among other things, to enjoin or rescind the merger, an award of damages in the event the merger was consummated and an award of costs and attorneys’ fees. While we believe that these claims were without merit, in order to avoid the risk of these claims delaying or adversely affecting the Merger, to minimize the costs, risks and uncertainties inherent in litigation, and without admitting any liability or wrongdoing, Chesapeake agreed to amend and supplement the definitive proxy statement filed with the SEC on July 26, 2019 in connection with the Merger in a Current Report on Form 8-K filed with the SEC on September 3, 2019. The plaintiffs in these actions subsequently dismissed each case with prejudice as to the named plaintiffs only. The cases are now closed.

XML 81 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of Maturities of Non-Cancelable Operating Lease Liabilities

The maturities of our non-cancelable operating lease liabilities, due in each of the next five years and thereafter as of September 30, 2019, were:

 

 

 

Operating

Leases

 

Year

 

(in millions)

 

2019

 

$

8

 

2020

 

 

32

 

2021

 

 

32

 

2022

 

 

32

 

2023

 

 

26

 

Thereafter

 

 

414

 

Total minimum rent payments

 

$

544

 

Less: imputed interest

 

 

260

 

Total operating lease liabilities

 

$

284

 
Schedule of Rent Expense and Supplemental Cash Flow and Non Cash Information

The components of rent expense, which are primarily included in other property-level expenses in our condensed consolidated statements of comprehensive income, supplemental cash flow and non-cash information for all operating leases were:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

 

2019

 

 

2019

 

 

 

 

(in millions)

Operating lease expense

 

$

7

 

 

$

21

 

 

Variable lease expense

 

 

4

 

 

 

11

 

 

Operating cash flows for operating leases

 

 

7

 

 

 

20

 

 

Right-of-use assets obtained in exchange for lease obligations(1)

 

 

65

 

 

 

278

 

 

 

(1)

For the nine months ended September 30, 2019, balance represents right-of-use assets recognized upon adoption of ASC 842, Leases, on January 1, 2019, and right-of-use assets assumed in connection with the Merger.  For the three months ended September 30, 2019, balance represents right-of-use assets assumed in connection with the Merger.

XML 82 R63.htm IDEA: XBRL DOCUMENT v3.19.3
Business Segment Information - Reconciliation of Consolidated Hotel Revenue to Condensed Consolidated Revenue and Hotel Adjusted EBITDA to Net Income (Detail) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated Amounts [Line Items]                
Total revenues $ 672     $ 652     $ 2,034 $ 2,051
Hotel Adjusted EBITDA 183     171     573 573
Casualty (loss) gain and impairment loss, net (8)     1     (8) 1
Depreciation and amortization expense (61)     (69)     (184) (208)
Corporate general and administrative expense (14)     (16)     (47) (47)
Acquisition costs (59)           (65)  
Other operating expenses (23)     (19)     (61) (54)
Gain on sales of assets, net 1     2     20 98
Interest income 2     2     5 4
Interest expense (33)     (32)     (98) (94)
Equity in earnings from investments in affiliates 3     4     18 16
Loss on foreign currency transactions (2)     (1)     (2) (4)
Income tax expense             (12) (13)
Other gain (loss), net 1     (2)     1 106
Other items (3)     (5)     (9) (9)
Net income 9 $ 84 $ 97 55 $ 218 $ 149 190 422
Total consolidated hotel revenue [Member]                
Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated Amounts [Line Items]                
Total revenues 650     633     1,975 1,998
Other [Member]                
Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated Amounts [Line Items]                
Total revenues $ 22     $ 19     $ 59 $ 53
XML 83 R48.htm IDEA: XBRL DOCUMENT v3.19.3
Debt - Additional Information (Detail) - USD ($)
$ in Millions
 1 Months Ended 9 Months Ended
Sep. 18, 2019
Aug. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Debt Instrument [Line Items]        
Derivative fixed interest rate     1.86%  
Derivative maturity date     Apr. 21, 2022  
Derivative notional amount     $ 225  
Restricted cash     43 $ 15
CMBS and mortgage loans [Member]        
Debt Instrument [Line Items]        
Restricted cash     18 $ 15
2019 Term Facility [Member]        
Debt Instrument [Line Items]        
Term loan facility, maximum borrowing capacity $ 850 $ 950    
Terminated term loan facility $ 100      
Maturity date   Aug. 31, 2024    
Annual fee equal undrawn portion   0.25%    
Upfront financing fees     9  
Upfront financing fees expensed in connection with terminated commitments     $ 1  
2019 Term Facility [Member] | Maximum [Member]        
Debt Instrument [Line Items]        
Term loan facility, additional borrowing capacity   $ 400    
XML 84 R40.htm IDEA: XBRL DOCUMENT v3.19.3
Property and Equipment - Schedule of Property and Equipment (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Property Plant And Equipment [Abstract]    
Land $ 3,594 $ 3,344
Buildings and leasehold improvements 7,300 5,616
Furniture and equipment 1,133 949
Construction-in-progress 106 124
Property and equipment, gross 12,133 10,033
Accumulated depreciation and amortization (2,147) (2,058)
Property and equipment, net $ 9,986 $ 7,975
XML 85 R44.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Variable Interest Entities ("VIEs") and Investments in Affiliates - Schedule of Investments in Affiliates (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Schedule Of Equity Method Investments [Line Items]    
Investments in affiliates $ 52 $ 50
Hilton San Diego Bayfront [Member]    
Schedule Of Equity Method Investments [Line Items]    
Ownership Percentage 25.00%  
Investments in affiliates $ 20 19
All others (7 hotels) [Member]    
Schedule Of Equity Method Investments [Line Items]    
Investments in affiliates [1] $ 32 $ 31
All others (7 hotels) [Member] | Minimum [Member]    
Schedule Of Equity Method Investments [Line Items]    
Ownership Percentage 20.00%  
All others (7 hotels) [Member] | Maximum [Member]    
Schedule Of Equity Method Investments [Line Items]    
Ownership Percentage [1] 50.00%  
[1] In July 2019, we and the other owners of the entity that own the Conrad Dublin, entered into an agreement to sell the ownership interest in the entity for a gross sales price of approximately $127 million, which is payable in cash at closing and is subject to customary pro rations and adjustments.  Our pro rata share of the gross sales price is approximately $61 million and our pro rata share of debt associated with the Conrad Dublin was $9 million as of September 30, 2019.  The sale is subject to customary closing conditions and required regulatory approvals and is currently anticipated to close in the fourth quarter of 2019. The basis in our interest in the Conrad Dublin was $7 million as of September 30, 2019 and December 31, 2018.