Summit Hotel Properties, Inc. Annual Interest Expense in USD from 2011 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Summit Hotel Properties, Inc. quarterly/annual Interest Expense history and growth rate from 2011 to 2023.
  • Summit Hotel Properties, Inc. Interest Expense for the quarter ending March 31, 2024 was $21.6M, a 3.22% increase year-over-year.
  • Summit Hotel Properties, Inc. Interest Expense for the twelve months ending March 31, 2024 was $87.5M, a 19.7% increase year-over-year.
  • Summit Hotel Properties, Inc. annual Interest Expense for 2023 was $86.8M, a 32.4% increase from 2022.
  • Summit Hotel Properties, Inc. annual Interest Expense for 2022 was $65.6M, a 51.2% increase from 2021.
  • Summit Hotel Properties, Inc. annual Interest Expense for 2021 was $43.4M, a 0.16% increase from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $86.8M +$21.2M +32.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-29
2022 $65.6M +$22.2M +51.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-29
2021 $43.4M +$68K +0.16% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $43.3M +$2.27M +5.53% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-27
2019 $41M -$914K -2.18% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $41.9M +$12.3M +41.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $29.7M +$1.6M +5.68% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-25
2016 $28.1M -$2.32M -7.64% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $30.4M +$1.9M +6.65% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $28.5M +$6.53M +29.7% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-23
2013 $22M +$7.08M +47.5% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $14.9M +$4.92M +49.2% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $9.99M Feb 14, 2011 Dec 31, 2011 10-K 2014-03-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.