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Summit Hotel Properties, Inc. (INN)

-NYSE
10.71 Down 0.07(0.65%) 4:05PM EDT
|After Hours : 10.71 0.00 (0.00%) 4:11PM EDT
Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2013Dec 31, 2012Dec 31, 2011
Total Revenue 298,958   161,700   117,527  
Cost of Revenue198,342  110,442  83,592  
Gross Profit 100,616   51,258   33,935  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative12,929  9,573  6,561  
Non Recurring3,255  3,710  254  
Others51,184  30,645  24,297  
Total Operating Expenses -   -   -  
Operating Income or Loss 33,248   7,330   2,823  
Income from Continuing Operations
Total Other Income/Expenses Net(1,592)(96)(35)
Earnings Before Interest And Taxes31,656  7,234  2,788  
Interest Expense20,137  14,909  13,428  
Income Before Tax11,519  (7,675)(10,640)
Income Tax Expense4,894  (728)(1,709)
Minority Interest(19)1,194  1,240  
Net Income From Continuing Ops6,625  (6,947)(8,931)
Non-recurring Events
Discontinued Operations(728)4,677  (1,453)
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 5,878   (1,076) (9,144)
Preferred Stock And Other Adjustments(14,590)(4,625)(411)
Net Income Applicable To Common Shares (8,712) (5,701) (9,555)

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