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Summit Hotel Properties INN Gain (loss) on disposal of assets
Gain (loss) on disposal of assets at other companies
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Where this comes from
Reported directly by Summit Hotel Properties in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.
The source filing: Summit Hotel Properties’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:35 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001497645-26-000064
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Corporate general and administrative | 7,415 | 8,280 | 16,260 | 16,851 |
| Loss on write-down of assets | — | — | 3,641 | — |
| Total expenses | 170,268 | 170,153 | 341,150 | 334,805 |
| Gain (loss) on disposal of assets, net | 134 | (80) | 94 | (79) |
| Operating income | 28,885 | 22,684 | 43,016 | 42,511 |
| Other income (expense): | ||||
| Interest expense | (22,068) | (20,628) | (42,518) | (40,584) |
| Interest income | 301 | 301 | 547 | 577 |
Item 1. Financial Statements
FAQ
- What is Summit Hotel Properties's gain (loss) on disposal of assets?
- Summit Hotel Properties (INN) reported gain (loss) on disposal of assets of $134K in Q2 2026.
- How has Summit Hotel Properties's gain (loss) on disposal of assets changed year-over-year?
- Summit Hotel Properties's gain (loss) on disposal of assets increased by 267.5% year-over-year, from -$80K to $134K.
- What is the long-term trend for Summit Hotel Properties's gain (loss) on disposal of assets?
- Over 4 years (2021 to 2025), Summit Hotel Properties's gain (loss) on disposal of assets has grown at a 128.8% compound annual growth rate (CAGR), from $240K to $6.58M.
- What does gain (loss) on disposal of assets mean?
- Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.
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