| Investments in hotel properties |
| Less accumulated depreciation |
| Net investments |
| Cash and cash equivalents |
11.36M |
| Accounts receivable, net of allowance for doubtful accounts of $115 and $133 |
1.3M |
| Prepaid expenses and other assets |
2.47M |
| Deferred financing costs, net |
| Investment in hotel properties, held for sale, net |
19.09M |
| Total assets |
138.96M |
| Accounts payable, accrued expenses and other liabilities |
6.8M |
| Debt related to hotel properties held for sale |
| Long-term debt |
| Total liabilities |
71.81M |
| Redeemable noncontrolling interest in consolidated partnership, at redemption value |
| Redeemable preferred stock 10% Series B, 800,000 shares authorized; $.01 par value, 332,500 shares outstanding, liquidation preference of $8,312 |
| Preferred stock, 40,000,000 shares authorized; 8% Series A, 2,500,000 shares authorized, $.01 par value, 803,270 shares outstanding, liquidation preference of $8,033 |
0 |
| Common stock, $.01 par value, 100,000,000 shares authorized; 23,005,387 and 22,917,509 shares outstanding |
49K |
| Common stock warrants |
| Additional paid-in capital |
118.58M |
| Distributions in excess of retained earnings |
-115.44M |
| Total shareholders' equity |
64.52M |
| Noncontrolling interest in consolidated partnership, redemption value $89 and $250 |
2.64M |
| Total equity |
67.16M |
| COMMITMENTS AND CONTINGENCIES |
| Total liabilities and equity |
138.96M |
