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Summit Hotel Properties INN Reportable Segments — Asset Impairment Charges
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Where this comes from
Reported directly by Summit Hotel Properties in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
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 |
|---|---|---|---|---|
| Management fees | 4,366 | 4,411 | 8,587 | 8,906 |
| Depreciation and amortization | 36,413 | 37,259 | 73,187 | 74,489 |
| 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): |
Item 1. Financial Statements
FAQ
- What is Summit Hotel Properties's reportable segments — asset impairment charges?
- Summit Hotel Properties (INN) reported reportable segments — asset impairment charges of $0 in Q2 2026.
- What does reportable segments — asset impairment charges mean?
- This reflects non-cash write-downs recognized when the carrying value of a hotel property exceeds its estimated fair market value. It serves as a risk indicator regarding the valuation of the real estate portfolio and potential market headwinds. Frequent or large charges may signal poor capital allocation or deteriorating asset quality.
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