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      "text": "Acquisition Costs; Litigation Gains and Losses; Severance Expense; Non-Cash Stock-Based Compensation.",
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      "text": "In unusual circumstances, we also may adjust NAREIT FFO for gains or losses that management believes are not representative of the Company's current operating performance.",
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      "text": "Earnings before Interest Expense, Income Taxes, Depreciation and Amortization (\"EBITDA\") is a commonly used measure of performance in many industries. Management believes EBITDA provides useful information to investors...",
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      "text": "For a specific hotel, NOI is calculated as the hotel or entity level EBITDA less an estimate for the annual contractual reserve requirements for renewal and replacement expenditures.",
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