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Company Description (as filed with the SEC)
We are a self-advised and self-administered Delaware corporation, originally incorporated in 1956, that, following our REIT conversion, began operating as a REIT for federal income tax purposes on January 1, 2013, specializing in group-oriented, destination hotel assets in urban and resort markets. As a REIT, we generally will not be subject to federal corporate income taxes on that portion of our capital gain or ordinary income from our REIT operations that is distributed to our stockholders. This treatment substantially will eliminate the federal “double taxation” on earnings from our REIT operations, or taxation once at the corporate level and again at the stockholder level, that generally results from investment in a regular C corporation. ... More ...
|Annual EPS Est:||$3.72|
|Quarterly EPS Est:||0.7|