Sotherly Hotels (SOHO) Misses Q4 FFO by 7c/Share

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Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter and Year 2014

February 24, 2015 9:02 AM EST

WILLIAMSBURG, Va., Feb. 24, 2015 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (Nasdaq: SOHO), ("Sotherly", "SoTHERLY", or the "Company"), a self-managed and self-administered lodging real estate investment trust (a "REIT"), today reported its consolidated results for the fourth quarter and the year ended December 31, 2014. The Company's results include the following*:

  Three months ended Year ended   December 31, 2014 December 31, 2013 December 31, 2014 December 31, 2013   ($ in thousands except per share data)     Total Revenue $ 29,825 $ 22,475 $ 122,940 $ 89,375 Net income (loss) attributable to the Company  (576)  (520)  2,158  (3,454)  ... More