0001232582truePursuant to Item 9.01 of Form 8-K, this Current Report on Form 8-K/A amends the Registrant’s Current Report on Form 8-K filed on December 6, 2023, for the event dated December 6, 2023, to include the pro forma financial information required by Item 9.01 (b) of Form 8-K.00012325822023-12-062023-12-060001232582us-gaap:CommonStockMember2023-12-062023-12-060001232582us-gaap:SeriesDPreferredStockMember2023-12-062023-12-060001232582us-gaap:SeriesFPreferredStockMember2023-12-062023-12-060001232582us-gaap:SeriesGPreferredStockMember2023-12-062023-12-060001232582us-gaap:SeriesHPreferredStockMember2023-12-062023-12-060001232582aht:SeriesIPreferredStockMember2023-12-062023-12-06
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): December 6, 2023
ASHFORD HOSPITALITY TRUST, INC.
(Exact name of registrant as specified in its charter)
| | | | | | | | | | | | | | |
Maryland | | 001-31775 | | 86-1062192 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification Number) |
| | | | |
14185 Dallas Parkway, Suite 1200 | | | | |
Dallas | | | | |
Texas | | | | 75254 |
(Address of principal executive offices) | | | | (Zip code) |
Registrant’s telephone number, including area code: (972) 490-9600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | | | | | | | |
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Stock | | AHT | | New York Stock Exchange |
Preferred Stock, Series D | | AHT-PD | | New York Stock Exchange |
Preferred Stock, Series F | | AHT-PF | | New York Stock Exchange |
Preferred Stock, Series G | | AHT-PG | | New York Stock Exchange |
Preferred Stock, Series H | | AHT-PH | | New York Stock Exchange |
Preferred Stock, Series I | | AHT-PI | | New York Stock Exchange |
EXPLANATORY NOTE: Pursuant to Item 9.01 of Form 8-K, this Current Report on Form 8-K/A amends the Registrant’s Current Report on Form 8-K filed on December 6, 2023, for the event dated December 6, 2023, to include the pro forma financial information required by Item 9.01 (b) of Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(b) Pro Forma Financial Information.
The unaudited pro forma financial information for the Company as of and for the nine months ended September 30, 2023 and the year ended December 31, 2022, is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
(d) Exhibits
Exhibit Number Description
104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | | |
| ASHFORD HOSPITALITY TRUST, INC. |
| | |
Dated: December 12, 2023 | By: | /s/ Deric S. Eubanks |
| | Deric S. Eubanks |
| | Chief Financial Officer |
On December 6, 2023, Ashford Hospitality Trust, Inc.’s subsidiaries, Ashford Hospitality Limited Partnership and Ashford TRS Corporation (together, the “Company”), entered into a Contribution Agreement (the “Contribution Agreement”) with Stirling REIT OP, LP (the “Stirling Operating Partnership”), a subsidiary of Stirling Hotels & Resorts, Inc. Pursuant to the terms of the Contribution Agreement, the Company contributed its equity interests, and the associated debt and other obligations, in four hotel assets to the Stirling Operating Partnership in exchange for 1,400,943 Class I units of the Stirling Operating Partnership. The purchase price was approximately $35.0 million, which is comprised of an estimated fair value of $56.2 million for the four hotel assets, the assumption of a mortgage loan with an estimated fair value of approximately $30.2 million and approximately $9.0 million of net working capital, and is subject to customary post-closing working capital adjustments.
The following unaudited pro forma financial information of the Company, as of and for the nine months ended September 30, 2023 and for the year ended December 31, 2022, has been prepared for informational purposes only and does not purport to be indicative of what would have resulted had the disposition occurred on the date indicated or what may result in the future. The unaudited pro forma consolidated balance sheet assumes the disposition closed on September 30, 2023. The unaudited pro forma consolidated statements of operations for the year ended December 31, 2022, and the nine months ended September 30, 2023, assumes the disposition closed on January 1, 2022. The unaudited pro forma financial information of the Company contains a non-recurring gain associated with the disposition of the hotel properties. The pro forma gain, and the related tax effects, resulting from the disposition of the Hotel Group are preliminary. Therefore, the actual results may differ from the amounts reflected in the pro forma financial statements.There are no other non-recurring items associated with the transaction.
ASHFORD HOSPITALITY TRUST, INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET
September 30, 2023
(in thousands, except share and per share amounts)
| | | | | | | | | | | | | | | | | | | | | | | |
| Ashford Trust Consolidated Historical (A) | | Hotel Group (B) | | Adjustments | | Ashford Trust Consolidated Pro Forma |
ASSETS | | | | | | | |
| | | | | | | |
| | | | | | | |
Investments in hotel properties, net ($76,017 attributable to VIEs). | $ | 3,122,833 | | | $ | 34,788 | | | $ | — | | | $ | 3,088,045 | |
Cash and cash equivalents | 184,181 | | | 1,628 | | | (7,507) | | (C) (iii) | 175,046 | |
Restricted cash ($14,279 attributable to VIEs) | 171,896 | | | 1,681 | | | — | | | 170,215 | |
| | | | | | | |
Accounts receivable, net of allowance | 73,712 | | | 296 | | | — | | | 73,416 | |
Inventories | 3,945 | | | 6 | | | — | | | 3,939 | |
Notes receivable, net | 5,934 | | | — | | | — | | | 5,934 | |
| | | | | | | |
| | | | | | | |
Investments in unconsolidated entities | 10,379 | | | — | | | 26,000 | | (C) (i) | 46,028 | |
| | | | | 2,142 | | (C) (ii) | |
| | | | | 7,507 | | (C) (iii) | |
Deferred costs, net ($93 attributable to VIEs) | 1,858 | | | 75 | | | — | | | 1,783 | |
Prepaid expenses ($669 attributable to VIEs) | 15,800 | | | 237 | | | — | | | 15,563 | |
Derivative assets | 25,493 | | | — | | | — | | | 25,493 | |
Operating lease right-of-use assets | 44,136 | | | — | | | — | | | 44,136 | |
Other assets | 18,171 | | | 121 | | | — | | | 18,050 | |
Intangible assets | 797 | | | — | | | — | | | 797 | |
| | | | | | | |
| | | | | | | |
Due from related parties, net | 4,347 | | | 56 | | | — | | | 4,291 | |
Due from third-party hotel managers | 24,145 | | | — | | | — | | | 24,145 | |
Assets held for sale | 10,882 | | | — | | | — | | | 10,882 | |
Total assets | $ | 3,718,509 | | | $ | 38,888 | | | $ | 28,142 | | | $ | 3,707,763 | |
LIABILITIES AND EQUITY/DEFICIT | | | | | | | |
Liabilities: | | | | | | | |
Indebtedness, net ($38,730 attributable to VIEs) | $ | 3,631,719 | | | $ | 32,318 | | | $ | — | | | $ | 3,599,401 | |
Finance lease liability | 18,465 | | | — | | | — | | | 18,465 | |
Other finance liability ($26,804 attributable to VIEs) | 26,804 | | | — | | | — | | | 26,804 | |
Accounts payable and accrued expenses ($11,194 attributable to VIEs) | 153,209 | | | 1,587 | | | — | | | 151,622 | |
Accrued interest payable ($99 attributable to VIEs) | 25,243 | | | 128 | | | — | | | 25,115 | |
Dividends and distributions payable | 3,568 | | | — | | | — | | | 3,568 | |
| | | | | | | |
Due to Ashford Inc., net | 9,028 | | | 63 | | | — | | | 8,965 | |
| | | | | | | |
| | | | | | | |
Due to third-party hotel managers | 1,134 | | | 105 | | — | | | 1,029 | |
Intangible liabilities, net | 2,037 | | | — | | | — | | | 2,037 | |
Operating lease liabilities | 44,887 | | | — | | | — | | | 44,887 | |
| | | | | | | |
Other liabilities | 3,948 | | | — | | | — | | | 3,948 | |
Liabilities related to assets held for sale | 9,795 | | | — | | | — | | | 9,795 | |
Total liabilities | 3,929,837 | | | 34,201 | | | — | | | 3,895,636 | |
Commitments and contingencies | | | | | | | |
Redeemable noncontrolling interests in operating partnership | 22,394 | | | — | | | — | | | 22,394 | |
Series J Redeemable Preferred Stock, $0.01 par value, 2,628,792 shares issued and outstanding at September 30, 2023 | 60,482 | | | — | | | — | | | 60,482 | |
Series K Redeemable Preferred Stock, $0.01 par value, 154,233 shares issued and outstanding at September 30, 2023 | 3,798 | | | — | | | — | | | 3,798 | |
Equity (deficit): | | | | | | | |
Preferred stock, $0.01 par value, 50,000,000 shares authorized: | | | | | | | |
Series D Cumulative Preferred Stock, 1,174,427 shares issued and outstanding at September 30, 2023 | 12 | | | — | | | — | | | 12 | |
Series F Cumulative Preferred Stock, 1,251,044 shares issued and outstanding at September 30, 2023 | 12 | | | — | | | — | | | 12 | |
Series G Cumulative Preferred Stock, 1,531,996 shares issued and outstanding at September 30, 2023 | 15 | | | — | | | — | | | 15 | |
Series H Cumulative Preferred Stock, 1,308,415 shares issued and outstanding at September 30, 2023 | 13 | | | — | | | — | | | 13 | |
Series I Cumulative Preferred Stock, 1,252,923 shares issued and outstanding at September 30, 2023 | 13 | | | — | | | — | | | 13 | |
Common stock, $0.01 par value, 400,000,000 shares authorized, 34,513,386 shares issued and outstanding at September 30, 2023 | 345 | | | — | | | — | | | 345 | |
Additional paid-in capital | 2,385,679 | | | 4,687 | | | 2,545 | | (C) (i) | 2,385,679 | |
| | | | | 2,142 | | (C) (ii) | |
Accumulated deficit | (2,697,244) | | | — | | | 23,455 | | (C) (i) | (2,673,789) | |
| | | | | | | |
Total stockholders’ equity (deficit) of the Company | (311,155) | | | 4,687 | | | 28,142 | | | (287,700) | |
Noncontrolling interest in consolidated entities | 13,153 | | | — | | | — | | | 13,153 | |
Total equity (deficit) | (298,002) | | | 4,687 | | | 28,142 | | | (274,547) | |
Total liabilities and equity/deficit | $ | 3,718,509 | | | $ | 38,888 | | | $ | 28,142 | | | $ | 3,707,763 | |
See accompanying notes.
NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET
(A)Represents the historical consolidated balance sheet of Ashford Trust as of September 30, 2023, as reported in its Quarterly Report on Form 10-Q, filed on November 8, 2023.
(B)Represents the historical balance sheet of the Hotel Group as of September 30, 2023.
(C)Represents adjustments for Ashford Trust’s disposition of the Hotel Group as of September 30, 2023, which includes: (i) an adjustment for the consideration of $26.0 million received in the form of Class I units in Stirling Operating Partnership in exchange for the Hotel Group; (ii) an adjustment for additional Stirling Operating Partnership Class I units received for the contributed working capital; and (iii) an adjustment for additional Stirling Operating Partnership Class I units received for cash used to fund initial reserves.
ASHFORD HOSPITALITY TRUST, INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA CONSOLIDATED STATEMENT OF OPERATIONS
Year Ended December 31, 2022
(in thousands, except share and per share amounts) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Ashford Trust Consolidated Historical (A) | | Hotel Group (B) | | Adjustments | | | | | | | | Ashford Trust Consolidated Pro Forma |
REVENUE | | | | | | | | | | | | | |
Rooms | $ | 974,002 | | | $ | 15,685 | | | $ | — | | | | | | | | | $ | 958,317 | |
Food and beverage | 196,663 | | | — | | | — | | | | | | | | | 196,663 | |
Other hotel revenue | 67,310 | | | 228 | | | — | | | | | | | | | 67,082 | |
Total hotel revenue | 1,237,975 | | | 15,913 | | | — | | | | | | | | | 1,222,062 | |
Other | 2,884 | | | — | | | — | | | | | | | | | 2,884 | |
Total revenue | 1,240,859 | | | 15,913 | | | — | | | | | | | | | 1,224,946 | |
EXPENSES | | | | | | | | | | | | | |
Hotel operating expenses: | | | | | | | | | | | | | |
Rooms | 229,115 | | | 3,813 | | | — | | | | | | | | | 225,302 | |
Food and beverage | 140,775 | | | — | | | — | | | | | | | | | 140,775 | |
Other expenses | 421,056 | | | 5,909 | | | — | | | | | | | | | 415,147 | |
Management fees | 45,047 | | | 687 | | | — | | | | | | | | | 44,360 | |
Total hotel expenses | 835,993 | | | 10,409 | | | — | | | | | | | | | 825,584 | |
Property taxes, insurance and other | 67,338 | | | 830 | | | — | | | | | | | | | 66,508 | |
Depreciation and amortization | 201,797 | | | 3,564 | | | — | | | | | | | | | 198,233 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
Advisory services fee | 49,897 | | | — | | | — | | | | | | | | | 49,897 | |
Corporate, general and administrative | 9,879 | | | — | | | — | | | | | | | | | 9,879 | |
Total operating expenses | 1,164,904 | | | 14,803 | | | — | | | | | | | | | 1,150,101 | |
Gain (loss) on consolidation of VIE and disposition of assets | 300 | | | — | | | 23,455 | | | | | | | | (C) (i) | 23,755 | |
OPERATING INCOME (LOSS) | 76,255 | | | 1,110 | | | 23,455 | | | | | | | | | 98,600 | |
Equity in earnings (loss) of unconsolidated entities | (804) | | | — | | | (1,043) | | | | | | | | (C) (iii) | (1,847) | |
Interest income | 4,777 | | | — | | | — | | | | | | | | | 4,777 | |
Other income (expense) | 415 | | | — | | | — | | | | | | | | | 415 | |
Interest expense and amortization of discounts and loan costs | (226,995) | | | (1,660) | | | — | | | | | | | | | (225,335) | |
Write-off of premiums, loan costs and exit fees | (3,536) | | | — | | | — | | | | | | | | | (3,536) | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
Realized and unrealized gain (loss) on derivatives | 15,166 | | | — | | | — | | | | | | | | | 15,166 | |
INCOME (LOSS) BEFORE INCOME TAXES | (134,722) | | | (550) | | | 22,412 | | | | | | | | | (111,760) | |
Income tax (expense) benefit | (6,336) | | | (493) | | | 320 | | | | | | | | | (5,523) | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
NET INCOME (LOSS) | (141,058) | | | (1,043) | | | 22,732 | | | | | | | | | (117,283) | |
| | | | | | | | | | | | | |
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership | 1,233 | | | — | | | (150) | | | | | | | | (C) (ii) | 1,083 | |
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY | (139,825) | | | (1,043) | | | 22,582 | | | | | | | | | (116,200) | |
Preferred dividends | (12,433) | | | — | | | — | | | | | | | | | (12,433) | |
Deemed dividends on redeemable preferred stock | (946) | | | — | | | — | | | | | | | | | (946) | |
| | | | | | | | | | | | | |
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ | (153,204) | | | $ | (1,043) | | | $ | 22,582 | | | | | | | | | $ | (129,579) | |
INCOME (LOSS) PER SHARE - BASIC: | | | | | | | | | | | | | |
Net income (loss) attributable to common stockholders | $ | (4.46) | | | | | | | | | | | | | $ | (3.77) | |
Weighted average common shares outstanding—basic | 34,339 | | | | | | | | | | | | | 34,339 | |
INCOME (LOSS) PER SHARE - DILUTED: | | | | | | | | | | | | | |
Net income (loss) attributable to common stockholders | $ | (4.46) | | | | | | | | | | | | | $ | (3.77) | |
Weighted average common shares outstanding—diluted | 34,339 | | | | | | | | | | | | | 34,339 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
See accompanying notes.
ASHFORD HOSPITALITY TRUST, INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA CONSOLIDATED STATEMENT OF OPERATIONS
Nine Months Ended September 30, 2023
(in thousands, except share and per share amounts) | | | | | | | | | | | | | | | | | | | | | | | | | |
| Ashford Trust Consolidated Historical (A) | | Hotel Group (B) | | | | Adjustments | | Ashford Trust Consolidated Pro Forma |
REVENUE | | | | | | | | | |
Rooms | $ | 817,477 | | | $ | 12,630 | | | | | $ | — | | | $ | 804,847 | |
Food and beverage | 172,943 | | | — | | | | | — | | | 172,943 | |
Other hotel revenue | 55,135 | | | 203 | | | | | — | | | 54,932 | |
Total hotel revenue | 1,045,555 | | | 12,833 | | | | | — | | | 1,032,722 | |
Other | 2,094 | | | — | | | | | — | | | 2,094 | |
Total revenue | 1,047,649 | | | 12,833 | | | | | — | | | 1,034,816 | |
EXPENSES | | | | | | | | | |
Hotel operating expenses: | | | | | | | | | |
Rooms | 190,041 | | | 2,959 | | | | | — | | | 187,082 | |
Food and beverage | 121,211 | | | — | | | | | — | | | 121,211 | |
Other expenses | 348,463 | | | 4,656 | | | | | — | | | 343,807 | |
Management fees | 38,706 | | | 544 | | | | | — | | | 38,162 | |
Total hotel expenses | 698,421 | | | 8,159 | | | | | — | | | 690,262 | |
Property taxes, insurance and other | 52,880 | | | 706 | | | | | — | | | 52,174 | |
Depreciation and amortization | 140,963 | | | 2,706 | | | | | — | | | 138,257 | |
| | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | |
Advisory services fee | 37,650 | | | — | | | | | — | | | 37,650 | |
Corporate, general and administrative | 11,387 | | | — | | | | | — | | | 11,387 | |
Total operating expenses | 941,301 | | | 11,571 | | | | | — | | | 929,730 | |
Gain (loss) on consolidation of VIE and disposition of assets | 7,443 | | | — | | | | | — | | | 7,443 | |
OPERATING INCOME (LOSS) | 113,791 | | | 1,262 | | | | | — | | | 112,529 | |
Equity in earnings (loss) of unconsolidated entities | (715) | | | — | | | | | (307) | | (C) (ii) | (1,022) | |
Interest income | 6,755 | | | — | | | | | — | | | 6,755 | |
Other income (expense) | 277 | | | — | | | | | — | | | 277 | |
Interest expense and amortization of discounts and loan costs | (270,485) | | | (1,220) | | | | | — | | | (269,265) | |
Write-off of premiums, loan costs and exit fees | (2,633) | | | — | | | | | — | | | (2,633) | |
| | | | | | | | | |
| | | | | | | | | |
Realized and unrealized gain (loss) on derivatives | 4,490 | | | — | | | | | — | | | 4,490 | |
INCOME (LOSS) BEFORE INCOME TAXES | (148,520) | | | 42 | | | | | (307) | | | (148,869) | |
Income tax (expense) benefit | (2,410) | | | (349) | | | | | 166 | | | (1,895) | |
| | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | |
NET INCOME (LOSS) | (150,930) | | | (307) | | | | | (141) | | | (150,764) | |
| | | | | | | | | |
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership | 1,838 | | | — | | | | | — | | | 1,838 | |
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY | (149,092) | | | (307) | | | | | (141) | | | (148,926) | |
Preferred dividends | (11,290) | | | — | | | | | — | | | (11,290) | |
Deemed dividends on redeemable preferred stock | (1,993) | | | — | | | | | — | | | (1,993) | |
| | | | | | | | | |
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ | (162,375) | | | $ | (307) | | | | | $ | (141) | | | $ | (162,209) | |
Income (loss) per share – basic: | | | | | | | | | |
Income (loss) attributable to common stockholders | $ | (4.72) | | | | | | | | | $ | (4.67) | |
Weighted average common shares outstanding—basic | 34,395 | | | | | | | | | 34,395 | |
Income (loss) per share – diluted: | | | | | | | | | |
Income (loss) attributable to common stockholders | $ | (4.72) | | | | | | | | | $ | (4.67) | |
Weighted average common shares outstanding—diluted | 34,395 | | | | | | | | | 34,395 | |
| | | | | | | | | |
| | | | | | | | | |
See accompanying notes.
NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(A)Represents the historical consolidated statement of operations of Ashford Trust for the year ended December 31, 2022, as reported in its Annual Report on Form 10-K for the year ended December 31, 2022, filed on March 10, 2023 and the historical consolidated statement of operations of Ashford Trust for the nine months ended September 30, 2023, as reported in its Quarterly Report on Form 10-Q, filed on November 8, 2023.
(B)Represents the historical consolidated statements of operations of the Hotel Group for the year ended December 31, 2022, and the nine months ended September 30, 2023.
(C)Represents adjustments for the Company’s contribution of the Hotel Group, which includes: (i) the estimated non-recurring gain on the disposition of the Hotel Group for the year ended December 31, 2022; (ii) the net income allocated to redeemable noncontrolling interests in operating partnership related to the estimated non-recurring gain on the disposition of the Hotel Group for the year ended December 31, 2022 based on an ownership percentage of 0.63% on January 1, 2022; and (iii) the estimated equity in loss in Stirling Operating Partnership for the year ended December 31, 2022, and the nine months ended September 30, 2023. The pro forma gain, and the related tax effects, resulting from the disposition of the Hotel Group are preliminary. Therefore, the actual results may differ from the amounts reflected in the pro forma financial statements.
v3.23.3
Document and Entity Information
|
Dec. 06, 2023 |
Entity Information [Line Items] |
|
Document Type |
8-K/A
|
Document Period End Date |
Dec. 06, 2023
|
Entity Registrant Name |
ASHFORD HOSPITALITY TRUST, INC.
|
Entity Central Index Key |
0001232582
|
Amendment Flag |
true
|
Amendment Description |
Pursuant to Item 9.01 of Form 8-K, this Current Report on Form 8-K/A amends the Registrant’s Current Report on Form 8-K filed on December 6, 2023, for the event dated December 6, 2023, to include the pro forma financial information required by Item 9.01 (b) of Form 8-K.
|
Entity Incorporation, State or Country Code |
MD
|
Entity File Number |
001-31775
|
Entity Tax Identification Number |
86-1062192
|
Entity Address, Address Line One |
14185 Dallas Parkway, Suite 1200
|
Entity Address, City or Town |
Dallas
|
Entity Address, State or Province |
TX
|
Entity Address, Postal Zip Code |
75254
|
City Area Code |
972
|
Local Phone Number |
490-9600
|
Written Communications |
false
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Ashford Hospitality (NYSE:AHT-I)
過去 株価チャート
から 5 2024 まで 6 2024
Ashford Hospitality (NYSE:AHT-I)
過去 株価チャート
から 6 2023 まで 6 2024