In millions, except per share items | Jun-30-23 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 | Dec-31-20 |
| 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
Revenues: | | | | | | | | |
Total revenues | 384.3 | 397.5 | 258.1 | 247.3 | 238.8 | 163.3 | 83.6 | 74.2 |
Total revenues growth | -3.3% | 143.4% | 208.5% | 233.2% | 210.2% | 622.9% | -68.9% | -80.4% |
Expenses: | | | | | | | | |
Hotel operating expenses: | | | | | | | | |
Total hotel operating expenses | 246.0 | 228.4 | | | | 107.2 | | |
Depreciation and amortization | 58.0 | 60.3 | 59.1 | 58.6 | 55.5 | 54.7 | 55.4 | 56.5 |
Real estate taxes, personal property taxes, property insurance, and ground rent | 29.6 | 33.0 | 30.5 | 27.4 | 26.2 | 29.4 | 28.6 | 29.2 |
General and administrative | 11.2 | 9.7 | 9.7 | 11.4 | 9.4 | 9.7 | 7.6 | 6.9 |
Impairment | | 12.3 | 61.0 | | | | 14.9 | 54.0 |
Gain on sale of hotel properties | -23.6 | | | | -0.2 | -64.6 | | |
Business interruption insurance income | -14.0 | | | | | | | |
Other operating expenses | 2.4 | 1.9 | 1.1 | 0.5 | 0.5 | 0.5 | 0.6 | 0.7 |
Total operating expenses | 309.5 | 345.6 | 335.7 | 266.6 | 239.4 | 137.1 | 179.8 | 213.7 |
Operating income (loss) | 74.8 | 51.9 | -77.7 | -19.3 | -0.6 | 26.3 | -96.1 | -139.5 |
Operating margin | 19.5% | 13.1% | -30.1% | -7.8% | -0.3% | 16.1% | -114.9% | -188.0% |
Interest expense | -29.5 | -23.2 | -22.6 | -23.6 | -22.9 | -24.8 | -25.3 | -28.9 |
Other | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
Income (loss) before income taxes | 46.2 | 28.8 | -100.2 | -42.8 | -23.5 | 1.5 | -121.4 | -168.4 |
Income tax (expense) benefit | 0.0 | | | 0.0 | 0.0 | -0.1 | 0.0 | -4.8 |
Net income (loss) | 46.2 | 28.8 | -100.2 | -42.8 | -23.5 | 1.4 | -121.4 | -173.2 |
Net income (loss) attributable to non-controlling interests | 1.5 | 0.8 | -0.7 | -0.4 | -0.1 | -0.1 | -0.9 | -0.3 |
Net income (loss) attributable to the Company | 44.7 | 28.0 | -99.5 | -42.4 | -23.4 | 1.5 | -120.6 | -172.9 |
Distributions to preferred shareholders | -11.0 | -11.3 | -11.3 | -11.3 | -12.5 | -10.1 | -8.1 | -8.1 |
Net income (loss) attributable to common shareholders | 33.7 | 16.6 | -110.9 | -53.7 | -44.0 | -8.6 | -128.7 | -181.0 |
|
Net income | $0.27 | $0.13 | ($0.85) | ($0.41) | ($0.34) | ($0.07) | ($0.98) | ($1.39) |
Net income | $0.24 | $0.12 | ($0.85) | ($0.41) | ($0.34) | ($0.07) | ($0.98) | ($1.39) |
|
Weighted-average number of common shares, basic (in shares) | 121.7 | 130.9 | 130.9 | 130.8 | 130.8 | 130.8 | 130.8 | 130.6 |
Weighted-average number of common shares, diluted (in shares) | 151.2 | 160.7 | 130.9 | 130.8 | 130.8 | 130.8 | 130.8 | 130.6 |
|
Comprehensive Income: | | | | | | | | |
Net income (loss) | 46.2 | 28.8 | -100.2 | -42.8 | -23.5 | 1.4 | -121.4 | -173.2 |
|
Other comprehensive income (loss): | | | | | | | | |
Change in fair value of derivative instruments | 21.1 | 9.3 | 27.4 | 8.2 | -0.3 | -2.3 | 9.7 | 0.8 |
Amounts reclassified from other comprehensive income | -6.9 | 2.4 | 4.4 | 5.9 | 6.5 | 6.4 | 6.4 | 8.8 |
|
Comprehensive income (loss) | | | | | | | | |
Comprehensive income (loss) attributable to non-controlling interests | | | | | | | | |
Comprehensive income (loss) attributable to the Company | 58.8 | 39.6 | -68.0 | -28.4 | -17.3 | 5.6 | -104.5 | -163.3 |